its just math bro. guy calling 2100 missed buying the dip and is trying to convince himself there will be another chance to buy under 4000. Instead he'll be buying at 1MM in just 20 months or less

There's more recent variations but basically something like this

Just going off the comments here, it's almost guaranteed to drop to my target! The majority is usually wrong, why would now be any different?

2 ppl is the majority? lol

By that logic, the majority think BTC will never again be under $1, therefore it will get there because the majority is usually wrong!!1!

For those wondering what that sharp dip is about across the market, WHAT. A. SHOCKER.

Not possible, USDT is 100% above board and legit.

Glad I got out of Bitfinex a while ago when there were rumors of Tether shenanigans. I'm with Binance now.

You might still have some exposure to risk even if you trade on a site that doesn't use USDT.

Oh great, tethers again.

Will be interesting to see how this one plays out.

Both sides agree the money isn't available. In the past this was always suspected, but as long as the market didn't have enough to go on and everyone was convinced they wouldn't be last out even if there were issues the peg would remain stable. Seems absurd Tether is still at .98 right now, the AG is putting a freeze on things and even if the money is merely seized and will eventually be released that is a lot of risk and time value to burn.

Orderbooks on BF are very thin right now and any move to cash out into BTC is setup to cause a rush up in prices. Given how hard coded other sites are to follow BFX this could likely bring up the real money price as well. This would be a repeat of the pre 6k tether crash, except likely this time the discount would stick. Longing here remains a loser play, tether issues or not, bear market has a lot longer to go.

I bet this Tether fud will be the start and will have a trickle down to my target!!!

What's next??

O yeah India starting with the ban threats, I guess China is next!!!

You cocky mf's still sure about BTC holding??

Let me put it this way:

I am not uncertain!

Couple possibilities:

Bearish

Outcome 1 we push to 6k and then dump to 2k

Outcome 2 5650 was the top and we dump to 2k.

Either way we are going to 2k!

Bullish

Chance the bear market is over and we break above 6k and consolidate above 6k for a while then break upwards. Expecting 10k and a retest of 7500, before moon mission.

Or, slightly less bullish but still bullish, we retrace to 4k and find support, range between 4k-6k before we smash through the 6k resistance.

Choose 1 scenario!

If you're investing and holding for a few years!!!

Only a ****** buys BTC at 5k!

Much better option is to wait and buy the retest of 6k!

I have the option to rebuy if it goes (a lot) lower and if it goes up from here( highly unlikely) I miss barely anything if I buy at 5k or 6k.

Why buy now at 5k-5500?? Massive resistance and it's so unlikely we will break it right now!

I can't tell if you are serious or not. Could you move the nonsense and completely arbitrary price targets and what not to another place, thanks.

You have to be completely brain-dead to think those numbers are arbitrary!

Are you 1 of those poker players that think hand rankings are meh, just a made up thing??

I've been winning at highstakes for 10years+. And I can tell your thoughts about hand rankings are most likely wrong just based on the way you write about Bitcoin price and think you can predict what it's going to do.

Yaaaaaaaaaaaaaaaaaawnnnnnnnnnn.....

Good for you little buddy!

Counter me with your BTC thoughts, and lets see who is right and who is wrong.

I already know you will be quiet and not want to reveal that info, out fear of looking like buffoon!

In before 5k break!!! 4700-4800 incoming!!

My thoughts are simple. Bitcoin DGAF about your resistance points and price prediction.

Don't you mean the ten traders who are responsible for 99.9% of trading dgaf?

Cool story bro!

Or in other words, i dont know jack**** about trading cryptos.

Is it time to hold hands and decentralize humanity's collective wealth yet? What could go wrong?

https://www.wired.com/story/blockcha...-private-keys/

Thought this was interesting. Makes me wish in an alternate universe I was a genius coder who could write these scripts.

Edit: I guess this should go in altcoin thread but ppl are doing it with BTC