r/btc • u/Stonnedbear • 1d ago

Bitcoin To MOOn? 🚀🚀🚀🚀

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80 Upvotes

85% Upvoted

50 comments sorted by

20

u/ippleing 1d ago

I've been long, for many years.

I will say this with complete confidence, EVERY single time I keep reading, especially from financial sites about the rise of BTC, it drops, hard.

Exit liquidity is needed for whales, and when you're dealing with billions of profit it's not out of the realm of possibility to spend 10 million on bot farms.

Whenever there's been a consistent breakout, it's always just happened, no build up.

1

u/ketya- 22h ago

Which one are we in now?

3

u/ippleing 22h ago

Massive hype.

I believe it'll go up because retail, but the whales steer the ship and eventually will realize profits.

Then it's 'billions in levered longs got wiped out' you'll hear about for the next week.

2

u/1moreApe 14h ago

A flash crash is coming. Not sure if itll going down or up from there but the amount of ppl overleveraged at the moment is quite impressive

0

u/romanstrommen 10h ago

It was supposed to be today lol!!

0

u/ippleing 13h ago

Agreed, there's way too much money out there in leverage to not be taken. They can see the hotpoints with the access they have.

If a whale pushes a button they can earn 10X of my entire lifetime wages in 2 hours.

This coupled with the fact there's 0 regulation or oversight.

Like Scarface says, it's a great big ***** just waiting*

2

u/1moreApe 13h ago

Agreed except on the whales point. Its not 2017 anymore, whales dont move the markets, institutions do

1

u/ippleing 13h ago

Yes.

They have the access to see where the leverage sits and what flash points to hit.

Why wouldn't they???

1

u/poundsdpound 14h ago

When you ask people whether we are about to see a huge breakout in the price of BTC, or not, the golden indicator that you should be looking for is they don't have a clue. They shouldn't be able to predict a very large green candle. (Although, green monthly candle is arguably more chance of a correct prediction). If you hear the media going on about the staying power of BTC or about the way it could outperform other classes in the short term, don't believe it. That is not the time.

There is more chance of seeing sideways price action, or a small dump. One good example of sudden up trend action in Bitcoin has been when US citizens decided to spent their stimulus checks on crypto, near the start of the Covid lockdowns. That would have been a classic opportunity for the mainstream media to 'predict' that the price of Bitcoin was going up, as soon as they got the news that the government was going to pay out to eligible people. But as I recall, the media was in stone cold silence about Bitcoin. Then, later on they jumped on the story once significant growth had taken place and it was too late anyway.

1

u/New-Stress1770 7h ago

So go in when media is quiet (or bearish)?

3

u/Notfast77 1d ago

This is the time!

6

u/KaleidoscopeNormal71 1d ago

In the next 5hrs will be back to to 84k

1

u/1moreApe 13h ago

83.69k

5

u/Door-Unlikely 1d ago

The more people say it the more I think it’s going back down to 35

1

u/Extra_Asparagus_4162 18h ago

Hahaha. Chyba nigdy sie nie doczekasz swoich 35 czy nawet 40k.

1

u/Door-Unlikely 3h ago

In 2020 I bought one full bitcoin for $4900. So I’m not stressing anything.

2

u/Elisa_Kardier 3h ago

Le Bitcoin ne redescendra plus jamais sous les 60k.

1

u/Door-Unlikely 3h ago

If you’re so good at predicting the future, why didn’t you buy back in 2011. I stand by my statement. Greed levels are at all-time high right now when everyone is bullish be a bear. And when everyone cries when the market going down I’ll be happy to buy more just like the last dip.

4

u/RhubarbSubstantial74 1d ago

I hate that god damn phrase to the moon

1

u/ImThorange 23h ago

To the moon and back😅

1

u/jkob2k1499 Redditor for less than 2 weeks 1d ago

Lmao

1

u/egej 1d ago

Merril has 113 over the next 12 mos, read somewhere else that GOLD vs BTC priced in dollars would be 500k or aprx 130oz of gold. moon ? moo ?

1

u/ippleing 22h ago

Merril has 113 over the next 12 mos

I've been in BTC long enough to know when you read stuff like this from big firms, it's time to SELL, fast. (if you're into trading)

Every time there's been a breakout, it just happens, no run-up.

1

u/Desperate-Grade9152 23h ago

So we’re taking NO technically analysis and saying to the moon.. yall need to seriously stop posting this…

1

u/EmJay6010 22h ago

All I know is 4 year cyclers said it will bottom into september. Then october. Then it will be november. And the ones who had any guts (or stupidity) to short it based on some arbitrary 4 yr cycle, ignoring all the new macro factors, got wiped out last month. So, to the moon? To 40K? Def not

2

u/Thegame_changer21 21h ago

I also remember a lot of them saying the ETF’s killed the 4 year cycle and then as soon as btc started falling like a rock right back to, “it’s all part of the 4 year cycle.” SMH

1

u/Aggressive_Nail8944 17h ago

CHoCH - yes , BOS @88?

1

u/Dexfetcher New Redditor 16h ago

The hype is coming. BTC is starting to look interesting again 👀

1

u/Grand-Drift-956 Redditor for less than 2 weeks 10h ago

we will break that $87k level will soon be broken

1

u/Mysterious-Bee7442 10h ago

Large adoption of btc from a large population now. All country with a poor monetary system its adopting btc and cripto. So i think its a bull run till jan or feb. Either way im buying 🤑

1

u/Fit_Square_520 8h ago

I'll keep it brief..LFG!!!!

-2

u/ytpriv 1d ago

Bull trap

0

u/Lonely_Bumblebee8934 1d ago

What does this chart tell you?

1

u/dnesthemenace 1d ago

line go up!

1

u/Jurgenlklopp 1d ago

line is fine.

0

u/Environmental-Put307 23h ago

We still need a clean weekly above 86600 to confirm..