• Stop coping, and start posting. Register an account in order to gain full access to Lookism's features.

parabolic run then 40-50% drawdown (BTC price analysis)

Joined
Jun 12, 2018
Messages
686
Reputation
10
We could very easily see $13k up to $35k soon (unpredictable fomo rally) then a major correction down to the high 5000s.

I'm not buying more Bitcoin because you don't make money in Bitcoin on the way up. You make money shorting. I will start shorting aggressively on BitMEX when the blow off top happens.

I believe the local bottom is in at 3100. You were all stupid to not buy there. But we will still test the ultimate lows around 1300 before the 2023 halving (not the next one but the one after).
 

mustang19

Rotter
Joined
Jul 28, 2015
Messages
3,692
Reputation
13
Basing it on buttcoin being destroyed when they legalize drugs
 

highT

Regular
Joined
Aug 23, 2018
Messages
1,906
Reputation
105
mustang19 said:
Basing it on buttcoin being destroyed when they legalize drugs

the US will never legalize anything else other than weed

and there's still weed dealers even after legalization

not that it matters, all cartels and money laundering scum use the standard cuckold currency (USD) and are too low brow to use a highly sentient, classy currency like bitcoin
 

Change

Slow-Actor
Joined
Aug 3, 2017
Messages
559
Reputation
21
No

No to 1300usd bitcoin, this will not happen
No to trying to short bitcoin now.. the time for that is over
Yes, you get rich by buying bitcoin
 

Change

Slow-Actor
Joined
Aug 3, 2017
Messages
559
Reputation
21
Nah, i think you are keyboard jockey with low net worth of under 30k

Your predictions are: 
- USA will legalize (many?) drugs
- Bitcoin will go down to 1300usd before 2023

I say no to both

Yearly lows of bitcoin:
2012 – 4usd
2013 – 65usd
2014 – 200usd
2015 – 185usd
2016 – 365usd
2017 – 780usd
2018 – 3200usd
2019 – till now: 3150usd; price right now: 8400usd

Less than a year till halving
 
Joined
Jun 12, 2018
Messages
686
Reputation
10
bulltrap currently in play as predicted

we are sitting above 11k right now on bitmex June futures

buckle up, we're headed to 19.6k for the historic mother of all double tops
 
Top