Next BTC Bottom at $12k, and Here is Why!

Do you Think We Will See BTC at $20,000 or Lower?

  • Yes

    Votes: 55 34.4%
  • No

    Votes: 105 65.6%

  • Total voters
    160
  • Poll closed .
I would like to buy in at 12k when BTC was running hot everyone was predicting $100k by end of the year.. what happened?
With everyone you mean the Pokémon's who blindly trust an anonymous guy who claim to be former institutional investor and his avatar is
gBUVNH89_400x400.jpg
 
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The posters do not UNDERSTAND what Bitcoin actually is.

Someone said - "Damn, I don't think we will see it go that low, but the amount of buying if it ever did dip that low would be through the roof. "

Bitcoin is NOT a store of wealth.

Bitcoin is a TRANSFER of wealth.

You cannot cash out unless someone else cashes in.

Look at the Bitcoin rich list. What do you see?

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
There are 20,398,362 addresses holding Bitcoin

.42% of those addresses hold 86% of Bitcoin

This market is manipulated. You do not know who owns that 86%. They might be all friends. They might be a small
group that established themselves when Bitcoin started. You will never know.

This program has NEVER been about the coins

It has always been about the BETS THAT WALLSTREET CAN PLACE ON THE COINS MOVEMENT

Wallstreet is a casino and Bitcoin is a new gambling game

They are the "smart money". You are the "stupid money"

It is their job to extract revenue from you.

You are the sheep. You are fleeced. You go back to work creating more revenue for the next cycle.

Stocks. Bonds. Mutual Funds. EFTs. Options. Metals. Crypto.

It is ALL THE SAME THING.

Crypto is the worst because it is virtual. Nothing backs it. It does not really exist.

Never spend more on the "markets" than you can afford to lose.

You WILL lose.

Go into cash and wait for the market and crypto reset.

Remember - It is NOT the return on principle that is important. It IS the return OF principle that matters.

Sincerely,

The Eye
 
Bitcoin may go to 12k but we all know will grow back even stronger and pass 100K so what is the rush just hold if you have bitcoin
 
History repeats itself, but in such cunning disguise that we never detect the resemblance until the damage is done.
 
Looks like your prediction is going to come true. The prices are dropping continuously now.
 
Looks like your prediction is going to come true. The prices are dropping continuously now.
Sub $20k levels does not sound impossible now. Does it?

For the record, I wrote this thread back in December 2021 when BTC was floating around the $60k-$55k levels.
 
Bitcoin at 12k is 80% drop from 65k.

it's not impossible. Always DCA in to reduce risk
 
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i would say it has time for this Bitcoin need to restest again to 50K Resistance
 
op is talking about the bear market bottom not tomorrow or next week . i would also like to add theres a cme gap at 8700
 
Anything can happen in the cryptocurrency market, and honestly we just have to keep watching.
 
just read all the reply of this thread

lol moon boys are so shit

bitcoin will never touch 40K,
bitcoin will never go even 35K

bitcoin can not go below 30K because mircrostrategy will buy all the bitcoin

lol

moon boys are full of shit lmao
 
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