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Bitcoin analysis and investing strategy

Where to invest the surplus of funds
Sonny
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Re: Bitcoin analysis and investing strategy

Thu Oct 24, 2024 3:26 pm

Sonny wrote:
Thu Oct 17, 2024 9:38 am

20-22 october likely to be a local top for bitcoin, a pivot.
market pricing trump victory but i would not be sure about that. harris will win imo. democrats like to cheat. they can even assassinate trump in upcoming days. 20-27 october..watch out.
22 october looks like a local top so far, nailed the top once again!
now, it's time to call another local bottom.
it's 4-8 november.
late october, early november there will be great buying opportunities for bitcoin according to my model.

btw, there happened a assassination attempt on trump exactly on 12 october!! as i called it.
next critical date is around 27 october.
even if he survives this,
there's still a chance democrats may cancel/stop elections and cheat.

even if trump wins, they may try to sabotage/undermine his presidency.
usa will be in fire and full chaos around election times.
this is last election for usa.
will there be an election is a question mark btw.

maybe some turbulance in late october early november but then bull run will kick in. there's a lag effect in bitcoin but still bitcoin outperformed silver, gold, everything already. 2025 will be a great year for bitcoin specially first half/first quarter. not so sure about altcoins but memes should perform well.

bitcoin is not a risky asset you know, (if you don't, please study bitcoin)
but altcoins are risky assets. they're gambling. specially memecoins. therefore very good bet. i see a great potential for pepe and SUI but it's another topic, good luck all! stay blessed!
Sonny
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Re: Bitcoin analysis and investing strategy

Thu Oct 24, 2024 3:27 pm

oh and just a warning..

make sure you have bitcoin, gold and farmland before 2026 in case a world war kicks in.
recessions likely to be followed by wars..
probettor91
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Re: Bitcoin analysis and investing strategy

Fri Oct 25, 2024 6:57 am

Sonny wrote:
Thu Oct 24, 2024 3:27 pm
oh and just a warning..

make sure you have bitcoin, gold and farmland before 2026 in case a world war kicks in.
recessions likely to be followed by wars..
So, Sonny. If the world war just happen I'm pretty sure no one will want your bitcoins :D
Sonny
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Re: Bitcoin analysis and investing strategy

Sat Oct 26, 2024 5:31 pm

probettor91 wrote:
Fri Oct 25, 2024 6:57 am
Sonny wrote:
Thu Oct 24, 2024 3:27 pm
oh and just a warning..

make sure you have bitcoin, gold and farmland before 2026 in case a world war kicks in.
recessions likely to be followed by wars..
So, Sonny. If the world war just happen I'm pretty sure no one will want your bitcoins :D
i understand that you don't understand bitcoin.

what happened when russia-ukraine war started?
how you're planning to cross the border with gold bars in your hands?
do you know how governments will print if a war happens?
study history and see what happened to german mark.

it will be just like covid.
what happened in covid?
bitcoin became stronger. raised from 3500 to 64000 in a year.

there's no counterparty risk in bitcoin, it's decentralized. safest way to store your assets, wealth and run away from war. gold wont do this trick. you can't send gold over internet. bitcoin is the ultimate hedge against money printing.

microsoft will announce they bought bitcoin in few months.
Nikoali
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Re: Bitcoin analysis and investing strategy

Wed Oct 30, 2024 7:35 am

What makes you think that there will be internet during the war?
Sonny
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Re: Bitcoin analysis and investing strategy

Wed Oct 30, 2024 12:54 pm

Nikoali wrote:
Wed Oct 30, 2024 7:35 am
What makes you think that there will be internet during the war?
it's very funny.
do you know why internet was invented?
to provide communication during war.

btw, you know you can use bitcoin network even without internet, right?
cortomaltese
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Re: Bitcoin analysis and investing strategy

Thu Oct 31, 2024 3:03 pm

Nikoali wrote:
Wed Oct 30, 2024 7:35 am
What makes you think that there will be internet during the war?
BTC transactions can be sent without internet mate ;)
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Re: Bitcoin analysis and investing strategy

Thu Oct 31, 2024 4:33 pm

cortomaltese wrote:
Thu Oct 31, 2024 3:03 pm
Nikoali wrote:
Wed Oct 30, 2024 7:35 am
What makes you think that there will be internet during the war?
BTC transactions can be sent without internet mate ;)
it is not important because, nobody will use bitcoin or gold during war, everybody will use paper coupons from state for food as in Czechoslovakia 1929-1932.
Important is, that bitcoins are safety stored in blockchain during war in thousands hdd/sdd, and after war, first thing which will be running will be bitcoin.
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Re: Bitcoin analysis and investing strategy

Fri Nov 01, 2024 1:36 pm

There will be no war. Everyone is going to live in peace and prosperity. Amen.
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CharlieSheen99
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Re: Bitcoin analysis and investing strategy

Fri Nov 01, 2024 4:00 pm

We are in a second cold war. We will see wars in secondary countries where all the big powers will fight between them. Every country in the borders or with a geopolitical importance, or with big resources can be the next battlefield.

Anyway..., i don't understand how Bitcoin conversation ended like this. :) :)
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Re: Bitcoin analysis and investing strategy

Thu Nov 07, 2024 5:45 am

mrJustice wrote:
Fri Nov 01, 2024 1:36 pm
There will be no war. Everyone is going to live in peace and prosperity. Amen.
i hope so.
better be prepared then to be sorry.

btw,we're already in war. nato at war with russia but by proxy, proxy wars.
there will be economy wars between china and usa.

anyway, let's get to btc!

Congrats to those who understand bitcoin and keep holding. bitcoin just made an ATH. this is just the beginning. top is likely to be march 2025 or october 2025 imo. hyperinflation is coming. the great meltup. i have good news and bad news.

bad news is, fiat money your paper money will lose lots of value.
good news is, the value of your assets will skyrocket.
people without assets, without stocks real estate bitcoin will become even more poor

there may be some corrections along the way but bitcoin looks strong and above 100k is inevitable. even 150-250k is not so hard you will see.
Eleftherios
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Re: Bitcoin analysis and investing strategy

Thu Nov 07, 2024 6:40 am

October marked a significant breakout for BTC on the monthly chart, breaking above a diagonal resistance that had held for the past seven months. This October candle not only closed above the diagonal but also surpassed the 2021 technical resistance line.

As we moved into November, the monthly candle successfully retested the diagonal, establishing it as a support level and achieving a new all-time high of 76,406 USD. With BTC now in price discovery mode, there are no technical resistances until the fib level & psychological barrier of 100K.
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probettor91
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Re: Bitcoin analysis and investing strategy

Thu Nov 07, 2024 7:46 am

Sonny wrote:
Thu Nov 07, 2024 5:45 am
mrJustice wrote:
Fri Nov 01, 2024 1:36 pm
There will be no war. Everyone is going to live in peace and prosperity. Amen.
i hope so.
better be prepared then to be sorry.

btw,we're already in war. nato at war with russia but by proxy, proxy wars.
there will be economy wars between china and usa.

anyway, let's get to btc!

Congrats to those who understand bitcoin and keep holding. bitcoin just made an ATH. this is just the beginning. top is likely to be march 2025 or october 2025 imo. hyperinflation is coming. the great meltup. i have good news and bad news.

bad news is, fiat money your paper money will lose lots of value.
good news is, the value of your assets will skyrocket.
people without assets, without stocks real estate bitcoin will become even more poor

there may be some corrections along the way but bitcoin looks strong and above 100k is inevitable. even 150-250k is not so hard you will see.
Sonny, I appreciate your contribution to the bitcoin thread, but you are writing whole this time like those scammy YouTubers who are supper hyped when bitcoin is trendy.
With this tone of voice I think you are losing credibility
cortomaltese
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Re: Bitcoin analysis and investing strategy

Thu Nov 07, 2024 1:50 pm

No one have crystal balls!
However imho it will be a big surprise if BTC doesn’t breach the
100k barrier in the short to medium term …let’s say up to 1 year from now, possibly much sooner ..it’s inevitable
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Re: Bitcoin analysis and investing strategy

Thu Nov 07, 2024 3:15 pm

Technically, there is no indication for the time being for unreal prices. The 200K price targets are a stretch of imagination. Without getting into details, it seems to me the risk-reward ratio is not tempting enough to make me jump in.
Even though the 100K price target is in the cards, the RSI shows it might come with a monstrous negative divergence, at least in the weekly time frame.
For now, I m watching from the sidelines.

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