Where are the bitcoin lovers now?

[sangheilios]

Here we go again, green resumed, btc was going back above 100k, eth was recovering yet dumb fvcks at bybit had to get themselves hacked for the gdp of a small nation...

Seems like someone doesnt want the price to go too high before big players filled their wallets.

Considering what happened with that hack, Ethereum and the broader market is actually holding up really well. Factor in all of the government layoffs and uncertainty around the economy right now and this is actually pretty impressive. I think the real bottom was a couple weeks back when we saw alts tank. I've also seen a ton of comments online about how people are selling their alts and that they are now Bitcoin maxis, another sign that we are in the middle of heavy fear. My thesis is looking very strong here, if I'm wrong it just gives me more time to accumulate at lower prices.

Fast forward to early May/late April and we will be in a totally different market.

 

[Bible_Belt]

Bitcoin Crashes: Experts Warn Of 6-Month Slump To $73,000

The Bitcoin price has fallen more than -8.8% since Friday when Bybit suffered the biggest crypto hack in history. The flagship digital asset reached a peak of $99,493 late last week, only to retreat to roughly $91,500 at press time, marking a -5.5% decline since Monday. This downturn not only shatt…

www.tradingview.com

 

[Solomon]

Man this dip what an opportunity. Got more XRP, XCN I'm loving this, March is going to be fun yeeehaaaw!

 

[sangheilios]

Bitcoin Crashes: Experts Warn Of 6-Month Slump To $73,000

The Bitcoin price has fallen more than -8.8% since Friday when Bybit suffered the biggest crypto hack in history. The flagship digital asset reached a peak of $99,493 late last week, only to retreat to roughly $91,500 at press time, marking a -5.5% decline since Monday. This downturn not only shatt…

www.tradingview.com

This could play out similar to what we saw last year after the ETF hype. The pattern since the bottom of the 2022 market has been range bound, ladder up and then consolidate/sell off and then go range bound and then eventually take off again. People are saying how similar this cycle has been playing out to 2017, so all of these variables are lining things up to where we might not really peak until the tail of 2025 or maybe not even until early 2026.

 

[Solomon]

This could play out similar to what we saw last year after the ETF hype. The pattern since the bottom of the 2022 market has been range bound, ladder up and then consolidate/sell off and then go range bound and then eventually take off again. People are saying how similar this cycle has been playing out to 2017, so all of these variables are lining things up to where we might not really peak until the tail of 2025 or maybe not even until early 2026.

This is why I DCA, which I have been doing even during the bear market. XRP has been performing very well the last 5 months, and I expect it to do even better the next 5 months, however I do not think the bottom is in yet