Bitcoin

Out of context: Reply #1923

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  • NBQ00-5

    I don’t want to chase Bitcoin now but if it does go up to 120K-150K on this wave I will look into some ETF’s or Futures to short via Options.

    According to the logarithmic chart it will go down again after hitting $140K’ish, down to around $25K’ish. Around end of 2022 or early 2023. That’s where I’ll pick up Bitcoin and other alt-coins again. Then Bitcoin should rise to above $500K-600K on that next cycle.

    We shall see, if things go that way.

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    • Only drgs knows for sure thanks to his messy charcoal chart model :)NBQ00
    • i trust bennnrenderedred
    • you won't though. everyone will take about bubbles. and laugh. and mock the end of a crypto fad.inteliboy
    • I've watched it happen 3 times on this very thread already.inteliboy
    • this time is different. Institutions are here. It will probably be a supercycle. Don't be stupid. You will get rekt.ESKEMA
    • you me and bunch of others who have watched a few YT videos are also planning this...until too many people plan it and it no longer works.shapesalad
    • Yes probably. But then again so far the logarithmic chart worked out precisely.NBQ00
    • the models work because the environment was the same. When the environment changes, the models get destroyed.ESKEMA
    • all the Nokia, Samsung, Sony, Blackberry, etc models got destroyed once the iPhone arrived. just sayin..ESKEMA
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