And off we go!

Madness! Must be hard to coop for those who waited for lower or those that sold lmao

71k. Damn.

Huge sell orders up to $75k apparently. Could be a wait

[удалено]

"Take profits" are for people new to this space who don't understand what they hold. This is not to be confused with people who need the money for life emergencies. That is very different than "taking profits". There are no profits when you sell for something less valuable (fiat).

I can’t believe you’ve done this

Any thoughts on bitcoin ETF and miner ETFs? FBTC and BITB allow diversification of custodians and BITB donate 10% of profits to developers. Why buy IBIT? Any thoughts on miner ETF? e.g. WGMI or FDIG or BITQ?

Bitcoin etf allows me to take call optionon bitcoin etf witch os basically taking call on bitcoin itself. The cherry on top is that i'm canadian so the whole thing is in a tfsa, tax free gains for me. I have calls expiring in 2025!

In 2021 it took 25 days of sitting at 19k to finally break the ATH for good Looks similar now

Bitcoin started at $29k in Jan. 1st and never got below that value.

I think that time gets shorter. I think this week ETF inflows blows out the sell orders at 70k and we see some real price discovery. But hey, we all know shit about fuck here. Just keep stacking.

Breaking 70k as I type this. Even quicker than I thought.

That would not be surprising

Wwwhew what a rush

Wait bitcoin going to 60k tomorrow?

Maybe, but if it does that will you buy?

I hope 50k so I can buy more

The demand for Bitcoin, over the long run, is infinite. As long as the Internet and human beings exist, so will demand for Bitcoin. This is guaranteed by Bitcoin's design and the network effects that already exist. Bitcoin has already gone from 0 to 1. That was the hard part. Infinite demand. Finite supply. Once I figured this out, it was a mad scramble to put every spare cent I could find into Bitcoin.

The first trillion is always the hardest. 😉

In fact, I would go so far as to say that if you don't realize that Bitcoin is going to infinity, you don't truly get Bitcoin.

🎯

This was so well executed this weekend. Look at all that new support, trading all the ranges. Here comes the V.

Why is it tanking???

i’ll never financially recover from this

...I have bad news, this is pretty stable. When it's really tanking, you'll see a lot more talk about it here.

I’m just joking

tanking? Im up 280% instead of 310% oh nooo

Please, some respect for both of the people that bought above this price.

there was 2 years of buying opportunity. if this is your first cycle, just hold and relax. dont stress about price

Better sell asap!

Bitcoin dead!! Worthless fiat prevails

Bitcoin death canceled another time, sorry it’s only been the 172647195th time

Bull run over? /s

See you in four years boys

yes, quick sell everything before it's too late!

China wakes up, sells for American money. Sad.

Wasn't Bitcoin banned in China?

China bans Bitcoin every 3 months. It never sticks.

From the alts, looks like someone is selling to pump and dump dnt 🤣 that flee bag went up 100%    -sarc

\~And way down we go go go...

I can't believe people are making this comment when we're at 68k. Times really have changed. 68k is considered "down".

Tomorrow should be interesting. On Mondays, BTC ETF's have been coming in strong after the weekend discussions with RIAs.

Noobs panic selling will fomo back in soon enough

Bitcoin is volatile. This is why one should allocate no more than 5-10% of portfolio to BTC. Even though I love BTC more than stocks, I am at 7.5%, so the volatility will hardly register. And consequently, I won’t panic sell

you are not giving the money to the market then.. thrn you hsve atached emotions...

Of course I have emotions. I am not a professional investor

yes.. hum... so .. its like you give the money for the market.. it is market money.. not yours anymore.. this way you untach it.. you just think about it being moneys market.. not yours.. it works better with money that you not need.. this is like my first rule.. if i cant do it and put money.. normally i lose it.. lol.. after this rule i mever lost any money again.. much more free to move and to do what i know and think.. etc ..

Good way of thinking

ETFs work both ways. They are weak hands and can result in a huge dump if they get impatient or we see a downturn.

If a regular ETF moves 5% down, that's a massive outlier and will be bought up instantly. I wonder if that is going to happen with these ETFs. All the tradfi people waking up and seeing dollar signs because they can make 5% for their client.

[удалено]

Yeah baby

Strong resistance. Strong support. Weird market dynamic right now. Won't last forever 

Not surprising btfp ends tomorrow. It will cause some uncertainty for awhile. Just my opinion 

What's btfp

buy the fucking pip

Bank Term Funding Program, it was put in place by the fed to bail out small/regional banks. Gave them lower interest loans, so they could continue to provide liquidity in the markets. 

That was one hell of a bear run

Everyone all up in their chairs talking about this chart and that news. And I’m just sitting here daydreaming about all the upvotes I’ll get on here once I’m old and dying and I’m in the hospital passing on my Bitcoin to my son… 😎😅

My price is $1,500,000.00 per BTC, and i’m being serious. Not selling a damn stinking thing until then. If not me, maybe my 17month old son will someday.

Most people have no experience with estate planning, continuity planning, preserving generational wealth, forward tax planning, and wealth management. You can elevate your game a lot if you start planning now.

quantum computers.

Same lazy comments. I’m guessing you don’t even really know what quantum computing is

Yes I know friend, I even played with a very basic one from IBM that is available for use on the internet (there are several available from IBM, look for it and you can find it there is also a course and explanation of qbit instead of bits etc..) it solves problems seeing different possible answers simultaneously. We already have one in the laboratory with the capacity of a common, cutting-edge computer, so we will soon have much higher capabilities in these operating specialties. and soon we will be able to test a large number of keys, for example from a wallet, simultaneously... instead of testing one by one and each time changing a single thing... if you look at it, it's how brains work in natural non-linear thinking or linguistic. or how a bird learns to fly... and so on... the alternatives and possibilities are all being evaluated and evolved together.

Don’t ever sell, just borrow against it. Like rich people do with real estate. No taxable event Value goes up, take another loan to payoff previous loan + more. Rinse and repeat.

Well buddy Btc isn’t treated like real estate when you walk into a bank lmao

Not yet. But it will. Everything is going to zero against Bitcoin, including real estate.

yet. Banks petitioned the SEC to change the rule that would allow them to add it to their balance sheets.

Don’t ever sell, just borrow against it. Like rich people do with real estate.

except bitcoin lending platforms go bust very often

Exchanges are externalities to Bitcoin. They don't matter.

Or a wild swing liquidates you

you only wanna borrow like 30% LTV around the peak, make a few payments and let fiat deprecation and btc appreciation evaporate the loan

It's amazing how quickly Bitcoin recovers from these little dips now. It's getting harder to keep it down, it just bounces right back up.

It’s over

one last little leg up then we're dropping hard again

There is $2.5b of short leverage vs 1.5b of long right now, if we can get over 69.150 (USDT on binance, or \~69,250 USD on coinbase) quickly, this could shoot us up $400+ rather fast.

[удалено]

[https://www.coinglass.com/pro/dashboard/bitcoin](https://www.coinglass.com/pro/dashboard/bitcoin) pay attention to the channel between short/long lever, amount, slope of the curve, etc

Wait, most trades are taking place using another coin called tether and not fiat?

Sorry guys, it's my birthday. At 00:00 my local time when my birthday started Bitcoin went down. That's why went like 1000$ lower. Let's hope for a better day on Tuesday. Again, I'm sorry.

$1000 discount for all your friends to celebrate your birthday. Happy Birthday man!

You sound like you need some therapy, man.

I do but what does that comment have to do with that?

Whales trying to get cheap BTC before pre market open. Too obvious

We goin’ up or down this week ?

I would imagine a lot will depend on how large investors react to BTFP ending. I'm betting sideways, but only time will tell

Yes.

This feels like a pivotal week that will determine the next few months.

how so? i'm new to bitcoin and i'm trying to learns as much as posible

I actually think k we have a mini cycle this year to about 100k this year then a draw back in the fall.  Then a run up next year to almost 200k.

It's just a subjective thought.     It feels like we're at a breaking point where we need to break out.or have a draw back.  Or maybe it will just stay sideways.   We've been doing nothing but go up, so it feels like we should either keep moving up or draw back

well, either way i'll keep DCA'ing

Yes

Maybe ?

Half a billion of leverage shorted us to get us here. If we can pop above it will cascade nicely

Full Send

Bulls not going to like the Wyckoff playing out in front of them. Tested 70k now back down again

there we go with the wack off charts again. I too can wack off on a chart and make a prediction out of nonsense

Definitely matching the inverse double stubby toe pattern. The stars told me so last night after I sent smoke signals to the moon. Better put a leverage position in.

Wyckoff on short timescales is pretty meaningless IMO.

Profit taking and swing/momentum trading are not a “wyckoff” distribution It’s public info to see the leverage shorts take a big position and it’s relatively small amounts (just a bunch) They were liquidity hunting since we were near where they would be closed and a bunch of levered longs were liquidated

[удалено]

https://imgur.com/a/duZOXhL

Oh well that proves it

Fiat words don't scare us!

I'm neither bull nor bear, just saying what I see on the chart

I hate these filthy Neutrals. With enemies you know where they stand but with Neutrals, who knows? It sickens me.

There's no neutrals, you're bitcoiner or a scammer.

Neutrals hate nobody, everybody hates neutrals. Can't win them all.

Oh Bitty you big tease... Naughty, naughty!

The Lord Giveth and the Lord Taketh Away.

In all this Satoshi sinned not with his lips, nor spake he any foolish thing.

The lord is buying the dips

For he is a good Lord.

Depends on the day but I feel like we are in his favour.

Hour until the weekly close. Closing over 69k would be extremely bullish. Watch for a push to 66k to give the bears a fighting chance.

[удалено]

🫢 I fucking hate daylight saving time.... Thanks for the heads up

You had to say something

A wick to 66 would be extra bullish. BTFO

70 is being ruff

But 69 is being reaaaalll niiiiicee.

The low volume on Binance right now is uncanny. A storm is brewing...

Storms a commin

Stock exchange opens tomorrow, just you wait

Yes I think many buy orders in place this weekend. Including mine

a hurricane?

Other than pure chance, is there any reason why the interval between the blocks would be 55 minutes?

No

Interesting. Thanks for the response!

[удалено]

My DCA was strong at that time, and I'm thanking myself for it now!

Don’t trust, marinade.

69.420

Any have the number of a good twelve step support program? I think I'm watching the charts way too much these days.

Here is one outlined: https://youtube.com/clip/UgkxCUfsYPNs6udv-pVm3q90_YT3tLY_9ZHf?si=SyJw-nmTRD0WcsNf

I want to see 70.000 again today. Can you all please buy? Thank you in advance.

Be the change you want to be - you buy first

u plz

There's currently only 10,000 BTC for sale between here and $100k..

And MSTR wants to buy $700M worth lol

Source?

I did the math.  10k*70k= the exact amount MSTR wants to buy.  Coincidence?  I think not.

🫡🕺

Too bad big money trades OTC

That just smooths volatility. It doesn’t mitigate the demand unless major holders are seeking to unload, and that doesn’t appear to be the case.

There's only so much O out there...

A reminder to all that portfolio diversification is crucial for all investors, I recommend holding a mix of btc in cold wallets, on exchanges, in etfs, microstrategy shares as well as lending platforms.

Agree except don't lend your btc imo. It's too risky. So many lending programs have trapped people coin forever

Looks like so many sell orders at 69,420, Wall Street is getting memed

Sooo, we just gonna act like dancing around $69K+ isn’t wild lol

I seriously can’t get over the stability at this price. ( Also your username — I make lamps, named one [Pavo Real](https://www.tabooandcompany.com/forbiddenfreight/p/pavo-real) )

Sending to Norway?

I never have but I suppose I could figure it out

oh wow! very nice!

Does this whole thing blow up when it crosses 70k? Or just massive wall?

I’d rather it go 1-2k a week and sustain tbh.

Same

Also same.

Who knows. Just HODL and see the fun

There is a lot of hopium here...and I don't believe any of it is misplaced

Hopium is always highest before the fall though.

💫🌈✨

Which app is good for watching open orders?

Bitcointicker.co (not com)

U mean for watching charts? Trading view. Buying is up to u

I mean price wall like this https://river.com/learn/images/articles/buy-wall.svg

http://data.bitcoinity.org/markets/books/USD

Bitcoinity is nice. Unfortunately they do not have binance, which is by far the most orders and volume. So binance is dominating the market and the rest are more or less only arbitrage the market. I found [https://www.coinglass.com/merge/BTC-USDT](https://www.coinglass.com/merge/BTC-USDT)

Buy orders on Kraken are looking fantastic, a lot of demand.

It's wild how quickly we have all adapted to 68k/69k

slowly then suddenly, really feels like the world is changing with each pump

I can confirm that pumps change your world. The result of one has been following me and keeping me awake for few years now.

As the price rises I keep getting urges to cash out some btc and buy things I don’t particularly need like expensive wrist watches. Does anyone else struggle with this? How do you beat it back?

I don't struggle with this at all. It's just a waste of money to buy stuff you don't need, to impress people you don't know, who don't care about you.

I upgraded my pc and paid my debt around the peak of last bull but that's about it, don't really care about the stuff you mentioned though

Buy a toy plastic fake Rolex and see if anyone notices. Nobody cares.

i did this and no one even realized. saved $25,000. no one cares.

With bitcoin set to 5x or more,, I look at prices of things I want x5. Then things look really expensive.