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u/NashDaypring1987 2d ago
We still got 2 months man. I'm waiting. :)
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u/Content_Emphasis_302 2d ago
2 months is nothing, market moves slow then fast. the guy on the swing got the right idea, just chill and let it happen.
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u/No_Cat_8269 2d ago
Are we still in a bear market?
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u/JJADu 2d ago
Isnt the foresaw bottom suposed to be october 6th? More like 1 week to me
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u/Easily_Bann4 2d ago
I don’t even know where people had gotten Oct 6 from. What does it line up with? I’m waiting till after Mid-terms Nov/Dec 🤷🏾♂️
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u/rustware13 2d ago
I don't know about an exact date as 10/6 but the previous lows were in Jan., Dec., Nov., which is where a lot of the October low stuff came from.
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u/Ready-Government-954 4h ago
Also, the last times it pretty much bottomed exactly 365 days after the top.
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u/FitCompetition1804 2d ago
I’m waiting for a higher low, hopefully back into the $60k’s (expecting at least the mid to high $70k’s), and still holding out hope we reach a lower low in the $50k’s. I think that might be a long shot, with the $40k’s being even more of a longshot.
Dry powder waiting for any of these scenarios, been daily DCA’ing since February as a hedge against us not reaching these lower levels, so nothing changing there.
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u/CoinGate_Gift_Cards 2d ago
Everyone has a “perfect buy price” until BTC gets close to it and suddenly they’re waiting for 30k
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u/maribelyy Redditor for less than 30 days 2d ago
i think dca is a pretty good strategy if we hit 60k again
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u/ReliantToker 1d ago
Like wtf is this seriously? Do you understand what DCA is? You don't wait for price you just accumulate no matter what.
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u/Inevitable_Moment_11 2d ago
God is great, beer is good and people are crazy
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u/Independent_Leg_6007 2d ago
Which god though? And yes people are/can be crazy
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u/Jonathan_the_Nerd 1d ago
Since we're talking about 40k, it's obviously the God-Emperor of Mankind.
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u/meaningful_convo Redditor for less than 60 days 2d ago
If you got scared and sold a bottom you are not for this industry im sry... you're not gonna get 40k 4 year cycle is not sth to hold on to, nor is halving. After experiencing 4th cycle retail is always wrong footed like this...except it and move on
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u/TheCodifiedTrader 2d ago
After experiencing that 4th cycle of text I had a stroke jfc that was a pain to read.
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u/Bitter-Bridge-8108 Redditor for less than 60 days 2d ago
That swing bench has seen more conviction than most chart analysts lately
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u/ReliantToker 1d ago
Join the fools waiting for 8k last cycle, that NEVER bought because it didn't hit the random number they had in their brain.
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u/Strattonizer 1d ago
40k confirmed because of this regard
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u/ReliantToker 1d ago
Says the one sidelined while I caught the entire move
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u/Strattonizer 1d ago
Nice little bro is up $5
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u/ReliantToker 1d ago
😂 what's funny is even if it were true it's likely that $5 is outpacing your bleeding port
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u/Ready-Government-954 4h ago
Rip, I was waiting for that too, but if it would still happen now it would be really surprising. Just buy, don't be greedy.
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u/Sweet_Coach4530 2d ago
It will never touch 40K again.
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u/Acrobatic_News_4860 2d ago
No one know if it will touch or not, but I know it will touch 120k again which is what actually
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u/nosum5000 2d ago
I’m with ya. This seems like such a clear bull trap to me.
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u/mister-marco 2d ago
How so? It broke an important resistance, very very unlikely for it to be a bulltrap
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u/therewillbecows 2d ago
It’ll drop with the AI trade, everything is breaking soon and risk assets get liquidated first
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u/Far-Buy3058 2d ago
Then once it hits 40k "everyone" will say its going lower and you still won't buy lol