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49533364 No.49533364 [Reply] [Original]

It didn't pump like the other cycles, but bears think that means it will still dump -85%.

Bottom of last cycle was 3x the top of previous cycle.

We are like 1.4x above the top of the previous cycle TODAY, not even a 2x, yet bears still think it will dump more. We are 60% down from ATH, thats plenty for a mere 3.5x from previous ath at this cycle top.

Bears are in peak euphoria. Use your brain. We might wick back to 25k. The 200 SMA is around previous cycle top. If we hit that, it will be unprecedented.

Either way, i don't see a scenario where we go much lower. If it does - a lot of people will lose faith. It was supposed to be a hedge against this type of macroeconomic fuckery.

Btc hasnt let me down yet, and I dont think it will this time either.

>> No.49533407

>>49533364
Keep coping parasite

>> No.49533421

>>49533364
This
>>49533364
>If it does - a lot of people will lose faith.
And This
Bears think 15k is a good buy with their retarded shit but 28k is a better buy because at 1t5k it likely never sees ath

>> No.49533424

>>49533364
A Ponzi scheme works as long as there are new suckers to draw into the scheme. Now that everyone and their grandma knows about crypto and lots of people have been burned by it, I don't there's much more retard money left to buy into the scheme.
Enjoy the descent to zero, memecoiner.

>> No.49533455

>>49533364
On the one hand I think you're right, on the other, I'd rather see bears continue to push for it to go lower because that just solidifies the bottom signal. Keep opening shorts, keep telling everyone to sell, keep claiming its a scam.

>> No.49533492
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49533492

>FED and ECB scrambling to raise rates to 10% to try and contain the hyperinflation chimera monster
>Supply chains barely breathing as China keeps shutting down factories
>Oil and gas supply dying as ruskies keep marching forward in Donbas
>this is the bottom now bro

>> No.49533559

>>49533424
This.
Sorry OP, the crypto scam has run out of greater fools.

>> No.49533809

>>49533364
Bitcoin dominance will go to 70% maybe even 80%

>> No.49533872

>>49533809
I don't think it will, but it should. The only way it gets there is if we have another black swan and dip to pre covid prices (sub 10k btc).