Is bitcoin on its way to a big crash?

[shoobey]

Where do you think it can go from here brahs, is it going to really keep spiking up or is it going to crash? Pretty interesting looking at it over a multi-year span to see how much of a spike this looks like

[HMFIC_BROWSIN]

buy on the dips. sit on the surges.

[shoobey]

buy on the dips. sit on the surges.

makes sense but check out how much it is spiking in the last 6 months compared to the last 6 years, it's exponential. Do you think it's going to stay at this level and dip a bit, or normalize and come crashing down at some point?

[liftersize]

no one knows when the correction will happen.

[shoobey]

no one knows when the correction will happen.

do you think it's cash out time or let it ride

[ymer]

It's always on its way to a big crash, but no one (or few big whales) know when the massive sell will begin.

[.aeterna]

nobody can predict the future

[liftersize]

do you think it's cash out time or let it ride

I wouldn't buy BTC right now but if I still owned it, I'd probably be letting it ride.

I own mostly ETH though.

[XabstractX]

There was a time when that December 2013 growth spike looked like insane exponential growth.

[inq]

I don't think we'd ever see it crashing again to the $100s like we did see in 2013-14. The difference then and now is that we are seeing the start of mass adoption. Crypto is no longer seen as just for Internet geeks, when we see big corporate firms like Deloitte and Microsoft looking into blockchain. We will see this spike correcting like any other market, but IMO as crypto enters the mainstream lexicon we willl continue to see Bitcoin and the other big name coins rocket over time another ten or hundred fold.

Obviously we won't see the hundreds of alternative coins survive. That's why those are the pump n dumps you want to make quick cash from.

[Hadtodoit]

nobody can predict the future

^

Nobody at all knows. It's all guesses.

That chart looks way too scary to me though lol it looks really familiar to other charts. Hopefully it keeps going up for those miscers who have it.

[LieutenantGains]

What goes up must come down.

[Iukas]

it will correct before the year ends no doubt

but crash? idfk

[Omnivium]

It seems to always do the opposite of what it's "supposed" to do. It's so random and unpredictable. And keep in mind it will keep going higher and higher as it gets more and more mainstream

So is it just getting more mainstream? Or is it whales pumping it up to dump on us? We'll find out after it happens

[SonnyBoyo]

After applying fibonacci levels, then drawing out a gann fann combined with a pitchfork indicator meshed in with a linear regression table, then gauging the relative strength index based on how fast each section of a OHLC chart moved through the eliot wave cycles without a retracement, the inference of projected sustainability coinciding with the state of fundamentals in the open market, I have to say that nobody knows chit about where this is going, ESPECIALLY those who claim they do.

[FAPhaggot]

Will it crash? Eventually. There is absolutely nothing supporting a value of $10,000 a coin.

When will it crash? I don't know.

[441Forty]

No

It's just now being adopted as a mainstream means of investing/diversifying. Any wise investor will have money in cryptocurrency and bitcoin is here to stay

It may dip soon but over the long haul it's only going to increase in value until it becomes more regulated. Even once it becomes further regulated it would be worth holding

[W1LLW]

wait for it to crack 10k, because the instant it does, it will pull back. how much? no fuking clue.

[RespectYourself]

After applying fibonacci levels, then drawing out a gann fann combined with a pitchfork indicator meshed in with a linear regression table, then gauging the relative strength index based on how fast each section of a OHLC chart moved through the eliot wave cycles without a retracement, the inference of projected sustainability coinciding with the state of fundamentals in the open market, I have to say that nobody knows chit about where this is going, ESPECIALLY those who claim they do.

[Peacening]

do you think it's cash out time or let it ride

depends how much you have IMO. If I just had one coin or less I wouldn't cash out yet because I'm tradie 10k/month so a few thousand dollars ain't chit but if I had several I'd definitely be cashing out half and letting the rest ride at least for now.

[Lawlstud]

Where do you think it can go from here brahs, is it going to really keep spiking up or is it going to crash? Pretty interesting looking at it over a multi-year span to see how much of a spike this looks like

It's doing whatever the billionaires who are manipulating it want it to do.

And for that reason I am out.

[SonnyBoyo]

charts on BTC are pointless. They don't give you any kind of indication of anything. No chart of any stock or commodity in any market's history can compare to this, so you just don't know how "high is high."

[SlothLord]

NOBODY.
FUKCKING.
KNOWS.

dont listen to these fools who've been saying its going to crash now for the last decade.


just buy a couple hundred dollars worth and go without starbucks for a few weeks

[m1n2v5]

Money and penis are ready for a big dip

[Austanian]

It is a speculative instrument. As long as people believe it is worth something it will be...

I decided not to play, but who knows...

[Supadude]

I predict it will crash before it hits $1 Mil/Coin

[BK909]

It's doing whatever the billionaires who are manipulating it want it to do.

And for that reason I am out.

Relax shark tank.
Buy low and sell high

[Sw0leBrah]

Everyone that has BTC will reccomend you buy it and that its still worth it, because they've had it for a while now already lol

[Mythenthefang]

Look at the price of USD in terms of BTC

Or any fraudulent fiat currency priced in terms of BTC

All crashing, record lows every day

Sound money is here again

[davik]

na havent you heard? it always goes up according to the armchair investors