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I think we bottom'd $57k - most of CT sidelined waiting for Q4 dump.
I'm asking the question 'what takes us there'
Buying absolutely nothing here for at best a -30% from here is, kinda (but not rly cause maths) the same as not selling BTC at $100k because 'it's going to 150k'
It doesn't matter that BTC went to $125k after you sold at $100k because you bought at an average of $25k/coin and you're up 400% worrying about that last 30%
People want lower because they understand that lower entries mathematically are tangibly different at higher levels. Like, that 30% lower allows you to get 30% more BTC and that's a big deal when BTC is at $180k right?
Yes but those same people are ok with 'not buying here because if it does go higher i'll just buy the breakout'
1. You'll probably miss the breakout unless you have limit orders set up
2. Say you buy at, what, $72k? - that's 20% higher than at $60k - but I thought 20% was a lot, right? Only if it fits your bias.
So people are absolutely splitting feathers over a tiny % difference because psychologically they can't get over the fact that BTC hasn't had a big enough drawdown yet and they absolutely hate the idea of their ego being wrong.
Vis-a-vis even if bitcoin goes to $48k from here your decision process was basically wrong, your R:R skewed and you basically got lucky.
You don't want to buy here because it doesn't feel right. Isn't that exactly when bottoms form?
At $48k I'm selling the house and kids to buy BTC. That feels like a really easy trade tbh. Here? Eurgh feels unsure:
> Historically we have larger draw down
> Many smart traders calling for lower
> What if Saylor just keeps selling
> What about Iran and Trump tensions
> etc.
But people arew ignoring:
> Cold Card RNG exploit
> BTCPay Server exploit
> Michael Saylor literally selling (supposed to be the worst case scenario)
> MSTR stress
> STRC stress
> Ongoing Trump vs Iran drama
> SPX dump from 7.5 to 7.3
> Calls for AI bubble bursting (again) with Leopold Aschenbrenner’s AI-focused Situational Awareness liquidated entire public stock
We really got absolutely hammered these last fews weeks and the market just couldn't get sub $60k
It doesn't really matter if I'm wrong because trading is all about process and I think your process is probably wrong if you're not buying at least something here - even if it does go below $57k
Like $30k feels like the only acceptable scenario where I would just be unequivocally be wrong.
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Just been using @bot for running some potential designs in our house.
It's really really cool.
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plasma:native is it finally time? Is this it?
How retarded am I?
I have a medium sized $XPL long
That's how retarded I am
And yes, I do know there are large unlocks soon
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> 32% Airdrop
> 100% fully unlocked upon TGE
> TGE delayed slightly due to major strategic announcement
> Buybacks confirmed
I don't have enough points
$VAR
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Looking forward to seeing where this leads
Since we launched the first decision model in July, we've been concerned that models like ours (and now Jev) can't answer basic logic that a 12yo can solve.
A ball is under cup A. Swap cups A and B. Swap cups B and C. Swap cups A and B. Swap cups A and C. Which cup is the ball under?
Do you really care about a 200ms answer if it gets basic stuff confidently wrong?
Today @levantolabs releases Sage1:
– It's multimodal: it can see!
– It reasons, but only when needed. So it knows where the cup is :)
But there are downsides.
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I believe this cycle will absolutely punish people who have forgotten how to dream.
Think people are going to sell much too early.
think most crypto ppl forgot how to dream
everyone’s just looking for a quick 5% in and out on perps
cant blame them tho i do that too
but im also a believer and a full time btc holder
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Guys, when Bitcoin goes above $100k
Do you think it will ever trade below it again?
Seriously.
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solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR price supression is sus.
Spidey senses say fuckery before huge pump.
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I get airdropped every few hours with solana:AqoPZcUumKUBHrnfBsNtoNuneYEjoimaiWYq8GH8gpX9 solana:8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS and solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR
We have the most bullish crypto environment in like a year, and still not a single exciting TGE or airdrop coming up, what went wrong
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Be me, a 36 year old married man with a child, asking my account to work out my capital gains tax on Fartcoin.
Crypto.
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