Bitcoin

The market is obv fucked, but damn Bitcoin is down almost 18%? Is this just copying the market downturn?

posted by iclfan2

The market is obv fucked, but damn Bitcoin is down almost 18%? Is this just copying the market downturn?

is it copying the downturn or predicting it?

Seems to be mostly a high beta play on the markets.  Rates rise, bitcoin falls.  Liquidity dries up?  Bitcoin falls.  Recession fears?  Bitcoin falls. 

At least now the movements seem to be related to something actually real.  So I suppose that's progress for crypto.

Bitcoin is at an all time high because of the election. Thinking of selling some off and buying back after the euphoria wears off. 

I’ve done that 5 or 6 times 

. I have 2.346. I’ll sell one of it hots 80. The rest I’ll hold till 100 pr O die and it goes to my son

Still holding. Might sell a little in the spring to help purchase my grandma’s farm. Hopefully I will only need to sell 1/4 of my stack to make it work. I’ll sell half if I need to, but I think the price will be high enough then to not need it. 

posted by Devils Advocate

I’ve done that 5 or 6 times 

. I have 2.346. I’ll sell one of it hots 80. The rest I’ll hold till 100 pr O die and it goes to my son

I think 80 is also my target. I had considered 78, but decided to hold. 

It's going higher than 80 this cycle.

Don’t sell yet. 

I feel many Dems are torn here…or more likely secretly really hsppy

$85k. I don't think we're ready for what's going to happen this cycle.

posted by justincredible

Don’t sell yet. 

I decided to hold

posted by brutus161

I decided to hold

My reasonable price target for this cycle is now $150k. My unreasonable target is $290k. This is not financial advice.

posted by justincredible

My reasonable price target for this cycle is now $150k. My unreasonable target is $290k. This is not financial advice.

How long is this current cycle you see going to 150?

~August 2025 would be the end of the current cycle if historical cycles repeat once again.

https://x.com/Croesus_BTC/status/1855992681689657654

I was going to predict $100k by Christmas, but we might get there this week.

posted by justincredible

I was going to predict $100k by Christmas, but we might get there this week.

I read the tweet you posted and this maybe nothing to do with anything….but do you feel the Bitcoin ownership here in  the US is equal with Republican and Democrats? Does it lean a bit one way or is it strongly one sided?