The official last "where" thread before the inauguration
>>59644941I did the math, this image actually checks out
>>59644941Complacency has ended
>>59644941yeah, hope / media attention
>>59644941Media attention
>>59644941Euphoria
>>59644941$69K was the top of thrill. It dumped to $16K before we entered euphoria which will top out around $109K. Then we go back to $16K before we reach complacency at $75K-80K. Capitulation will be below $1200. Bottom of depression will see wicks as low as $400. You'll go years without thinking about crypto at all before disbelief and hope.
>>59645095I will buy every Bitcoin that exists at $500 and lik me there's a bajillion others out there that will do the same btw. I will never allow this to happen.
>>59645095You made me feel like I was living in the Wrath of Grapes movie for a minute there
>>59645114That's hilarious, because I can assure you that you will not. For many reasons, but mostly because you will DCA the entire way down thinking that it can't go lower. Until your losses exceed anything you ever imagined possible. Will it eventually recover? Yes, but your keys will probably be on some forgotten laptop in a dump by then.
>>59644941We are between thrill and euphoria. My best guess, we will have another pump sometime in the next few weeks now that Trump is president. Then it will dump, we will return to complacency, and by next Christmas bitcoin will dump to $900 per BTC and we'll all be reading stories online about the mass suicides from crypto losses. This will propel us into an economic depression, but don't worry, by 2028 bitcoin will be back to 10k
>>59645114>the "it cant go down to x because everyone would buy, i'd sell muh house, etc" argumentYou: >I will buy every Bitcoin>and lik me there's a bajillion others out there that will do the same btw>never allow this to happenpic: >I'm gonna buy as much as possible>And I'm not the only one.>therefore bitcoin will never go below 6kIt's obviously not going to $500 but holy shit that argument is one of the most idiotic ones you can use. It's been used over and over again and never once has it magically stopped the price from dumping harder than the poster expects. Even the wording is essentially the same every time the argument is used. Your post is an exception because $500 is unrealistically low, but it's still an idiotic argument that should never be made. In fact it's so idiotic that it's dangerous; maybe by posting that, you've now somehow guaranteed the price WILL go to $500 just because that's what happens when people use the argument. Fucking asshole, think before you post.
>>59645252>That's hilarious, because I can assure you that you will not buy
>>59645382>>59645363buying that low is genuinely generational wealth on a guaranteed 20x+ even if I bought everything at $500 and it went to $0 the picosecond after, I will continue to hold
Middle of complacency
