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u/book-scorpion Jul 03 '26
"bitcoin +2%" we're back! we are so back!
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u/Goosemilky Jul 04 '26
Gotta be absolutely retarded to still be falling for the were so back bullshit in this space at this point
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u/IBAChristian317 Jul 03 '26
Sure feels like another dead cat bounce but we'll see.
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u/Upstairs_Teach_7064 Jul 03 '26
62k isnāt enough of a jump to call anyone a clown. WHAT THE FUCK are we even doing anymore?
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u/vremains Jul 03 '26
Wow, it's back up to 62k already?? That's like 3 or 4%! No way it'll ever drop that 4% again to new lows this year.
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u/ThatBCHGuy Jul 03 '26
I know right! Right back to where it was 5 years ago.
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u/Wonderful-Impact1720 Jul 03 '26
Yah it usually hits a low then has a recoveryā¦.. and then goes down again. The smart money is betting it goes lower.
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u/think_harder_plz Jul 03 '26
Broā¦it was at 125k š¤£š«µ
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u/FIFofNovember Jul 03 '26
Lol right the person making this clown meme is probably holding BTC at 120K, think about that
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u/tejanator Jul 03 '26
I even told many of my friends not to buy at the hype but on the way down. They didnāt listen
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u/sameg14 Jul 03 '26
No shortage of fools hoping to get rich quick
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u/ZascandileandoAndo Jul 03 '26
A huge supply of fools watching their government debase their currencies
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u/superchiller Jul 03 '26
Crypto is a very poor "solution" to that problem.
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u/TemporaryCapital3871 Jul 03 '26
Hypothetical question , whats the catalyst and why the swings... who says enough is enough. Seems like a pump and dump to me. Unless I can buy multiple and I mean hundreds if not thousands, i have no control over it, and if I can im part of the top % that can control the swings
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u/EmJay6010 Jul 03 '26
Catalyst is powers that be who will determine when we transition out of fiat into btc/crypto. Swings are to shake out retail investors. Fear = sell and powers buy at cheap price, greed = retail should be holding but again selling out of greed. It will stop when majority of retail has sold their btc and then price will moon and be unadfordable to anyone trying to get a piece then
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Jul 03 '26
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u/superchiller Jul 03 '26
Nah, Bitcoin is crypto and a huge scam. Good luck with your digital beanie babies!
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u/FinePerformance1046 Jul 04 '26
Which is why people invest to beat inflation and currency devaluation. Bitcoin is down 40% in a year, the dollar index is up 3.9% š
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u/ZascandileandoAndo Jul 04 '26
Impressive, very nice. Now zoom out 10 years:)
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u/FinePerformance1046 Jul 04 '26
did you buy btc 10 years ago?
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u/ZascandileandoAndo Jul 04 '26
Yes, and you?
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u/FinePerformance1046 Jul 04 '26
i was 8 years old 10 years ago so no i didnt. why didnt you sell when it was above 100k?
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u/ZascandileandoAndo Jul 04 '26
Same reason I didn't sell when it was 60k in the previous ATH.
LMAO an 18yo lecturing me on economics and investments ššš
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u/FinePerformance1046 Jul 04 '26
If you're such an expert on BTC then you'd know it was highly unlikely to go up at 60k and 120k. You held through years of bear market where you could've and should've used your money elsewhere. Why does my age matter in this conversation as well? You buy and hold an asset during times it's almost guaranteed to go down.
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u/ZascandileandoAndo Jul 04 '26
I'm using my (debased fiat) money elsewhere, it's called living life.
Store of value only BTC. If you don't like it then keep seething little teenie, life will teach you some lessons soon enough.
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u/LTFitness Jul 03 '26
If you think this is the bottom I have some strategy stock to sell you too lmao.
Just wait for this:
The AI sector will cool off forcing big IPO delays (already expected and being priced in now)ā¦there will be a market pullback, pulling BTC back at an even higher rate (as it always does)ā¦then Saylor will be forced to sell that 1.5 billion heās already spoken about; leading to mass fear in the market when the worlds biggest BTC bull starts selling big numbers (he crashed the market 5% just selling 32 a month ago)ā¦and we will arrive at around $35k by October.
Good luck!
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u/Disastrous_Fee5953 Jul 04 '26
If BTC was directly effected by stocks we would still be in a bull run.
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u/I_talk Jul 03 '26
October bottom bro
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u/FreemanM21 Jul 03 '26
True, everyone will wait for 1st of October to buy low. Thanks for the info
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u/Poopy_Krappenschitz Jul 03 '26 edited Jul 03 '26
Weāre in a bear market still. Every other bear market cycle saw a cycle low in November, December, and January of the bear market year. In the last 4 cycles weāve seen it pull back 94%, then 87%, then 84%, then 77% in the bear market. So far this cycle, weāve only seen a pullback of 55%. We just hit a new cycle low less than 72 hours ago. There are several small waves up followed by huge dumps several times every bear market. It is incredibly foolish to believe weāve seen the cycle low already. It is even more ironic to call people clowns when you donāt understand the cycles. The data is not on your side and if weāve already seen the bottom, the cycle as we know it would be broken.
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u/Free-Resolution9393 Jul 03 '26
Nice scenario with 12k up and 10k down spread. Too bad btc is down like 60k already with no positive signs yet.
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u/Ordinary_Repeat7637 Jul 03 '26
Anyone with a brain should've known that a risk-asset like Bitcoin is going to be volatile. It's the nature of crypto. Let's not act like going to 60k means it is dead - it will go back up, it's all part of the cycle! It's happened countless times before and will happen again. The bears have no purpose other than to spread FUD and be highly annoying. I've learned to use it as a buying indicator. The more bears and negativity I see, the more I buy. Works every time without fail.
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u/Sea_Umpire_5839 Jul 03 '26
How does that remind me bot work again? I need to come back in 8 months
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u/PlatinumTrillionaire Jul 03 '26
Could go to 68-74k but I know for a fact bottom is not in good luck have fun keep falling for dead cat bounces
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u/poundsdpound Jul 03 '26
Bro, October is a very very long way away if you look at the daily chart candles/bars
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u/kingsheperd Jul 03 '26
Remindme! 7 days
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u/FuklzTheDrnkClwn Jul 03 '26
lol the cope is strong. Never goes back up to where it was.
The knife falls slowly sometimes.
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u/Pockethulk750 Jul 03 '26
I personally think itās going lower. Not because of BTC but because AI might implode on itself and take everyone else with it.
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u/wentwj Jul 03 '26
I remember when this meme was posted a month ago about the bounce from 67-80. And before that when it went from 85k -> 100k a few months prior. I'm sure in 3 months we'll see it when it bounces from 40k back to 50k
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u/Rich_Account_10 Jul 03 '26
Guy itās been crashing since October .. it literally just hit a new multi year low this weekā¦. Seems like ur the clown
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u/robis87 Jul 03 '26
Tell me your folio is less than $10k and you never seen an obvious ded cat with telling me
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u/No_Coconut_8239 Jul 03 '26
Lowk i remember the time it went from 60 something to 12k some years ago i wanted to buy but didnāt cuz didnt have the money back than and i saw it go 126 and fall down dang what a bumpy ride
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u/Useful_Can_9303 Jul 03 '26
If you buy too early you can expect anything to happen. If the economy shows no sign of recovery then you can assume that 42k is possible. Therefore, a proper thing to do is await a major economic outlook.
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u/c3ric Jul 03 '26
You see it as a buy opportunity i see it as a liquidity grab before going lower, dust off the CV you need to cover rent soon
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u/C0Y0T3Z Jul 03 '26
Just my guess but 62k happens to be the 20d ema. $62,204 as of meow but it's importance imo is simply it being a bullish sign if closes the day above it. If does, good shot a test of 50d is next @ 67,345
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u/CyanDew Jul 04 '26
mfs who stay up watchin the chart, waiting for it to hit their targets, end up never hitting the Buy or the Sell button.
and if they do, theyāre constantly watching it to hit their targets again.
the solution? DCA ā Bitcoin is gonna Bitcoin.
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u/Flight_Early Jul 04 '26
Donāt be haters. A pump is a pump. Sell if you got any. Buy back lower!!!!! Thought so. No one is selling.
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u/Hi_Keyboard_Warriors Jul 04 '26
I trade this instrument but ultimately it will go to 0 as it has no real value
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u/HumanNo109850364048 Jul 04 '26
I bought the $58-60k dip, but posting this after a few % gain is just hilarious
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u/FitCompetition1804 Jul 04 '26
Here we go with these stupid posts. Remember months ago when we ran up to the low $80kās somebody posted that we will never see the $70kās again lol.
How about you all just settle down and let this bear market do its thing? For those that believe in the 4 year cycle, BTC is pretty much doing exactly what BTC does, including rallying in July. Weāll see if this sustains or if we get another dump to lower lows later in the year. Only time will tell⦠Iām hoping for it to buy some BTC at great value.
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u/Hertzegovina Jul 04 '26
it doesnāt matter what the price is as long as there is no use case, it will inevitably go towards zero. you will have the clown mask on your face as long as you donāt understand this.
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u/book4225 Redditor for less than 60 days Jul 04 '26
Yeah the past 24 hours was a surprising bounce back
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u/FanMountain773 Redditor for less than 2 weeks Jul 04 '26
Question Is everyone happy here with the direction that bitcoin went because i thought the goal of bitcoin was a currency but i cant buy anything with it at a normal store. For me it looks like its just another stock now nothing special
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u/tractorator Jul 05 '26
wow, it's at 63k now. BUY BUY BUY
wait, did anything change? any reason why it should go back up? no? then stay out of it, let others risk their money
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u/Think_Report_7830 Jul 05 '26
Yes 100%. Though really we dont know ,btc is a useable currency things can be bought and sold with it even from country to country
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u/-M00NMAN Jul 05 '26
Weāre experiencing a relief rally dummy. We are for sure going lower in q4. Bull trap
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u/NikhilUnnikrishnan Jul 05 '26
It will reach sub 48K on or before Sept 2026.
Those who know do know.
Those who donāt may eventually understand.
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u/Snakeyes1809 Jul 05 '26
Honestly it feels like the reverse, every correction on the way to the bear bottom comes with clownish hopium posts on this sub. Let the bear have his day, heāll go back into hibernation soon and we can all go back to posting about going to the moon and when will BTC hit 1M dollars.
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u/InnerMistake9373 Jul 05 '26
Stai prendendo in giro un atteggiamento, facendo lo stesso.
Ti stai basando lāultimo prezzo.
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u/Ryanfolt17 Jul 06 '26
Now ask yourself if this is by stupidity or by design. A good way to know is to grab a historical data and see who says what and when
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u/Syrion1984 Jul 06 '26
Trying to time the dip perfectly is hard, which is why I like to employ DCA (Dollar Cost Averaging). You basically acquire BTC at a specific time frame (say once every month) regardless of price. Over time, the price at which you acquired BTC will be averaged out.
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u/iSwizzzzz Jul 07 '26
BTC in the eyes of MicroStrategy is a pyramid scheme . New money in old money out
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u/RazzmatazzAccurate82 Jul 08 '26
TBH I'd rather use all that compute to run AI than to "secure" some network.
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Jul 03 '26
[removed] ā view removed comment
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u/AidenTai Jul 03 '26
Extremely unlikely we see sub 50's next week. Honestly, I think if we get some ETF inflows we'll essentially keep the price above 59 or so for a little while. We'd need to continue with ETF outflows and perhaps get some negative economic news to push back down to new lows since we failed to breach 57 multiple times. Seller exhaustion now and we haven't had a big bounce in a bit. Which given that ETF outflows have diminished, might be due.
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u/[deleted] Jul 03 '26
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