Bitcoin

Ron Resnick

Site Co-Owner, Administrator
Jan 25, 2015
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Beverly Hills, CA
Galaxy Digital has been working.
 

User211

Well-Known Member
Jul 28, 2014
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Bitcoin $25k was a nice Christmas present. Fear a temporary end is near though looking at volume patterns. $30k will be a big struggle if it even gets there.
Indeed a nice present. I am also a bit surprised that happened over Xmas.

The financial institutions really are getting very interested like never before. I think waiting for really big dips in price to buy in this coming year might be very optimistic.

But who knows. MicroStrategy's Michael Saylor is very interesting to listen to on YouTube. And he's definitely put his money where this mouth is.
 

Jazzhead

VIP/Donor
Aug 26, 2012
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When's the correction coming?
 
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KeithR

VIP/Donor
May 7, 2010
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Marina del Rey, CA
BTC $33k for New Years I guess - will see what happens when market participants are back in the office this week. It's getting toppy as I've said - volume increasing, huge daily moves, etc. $30.2k was a big fibonacci level so in uncharted territory.
 
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Folsom

VIP/Donor
Oct 26, 2015
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BTC $33k for New Years I guess - will see what happens when market participants are back in the office this week. It's getting toppy as I've said - volume increasing, huge daily moves, etc. $30.2k was a big fibonacci level so in uncharted territory.
sooo ? $38k right now.
 

User211

Well-Known Member
Jul 28, 2014
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Max Keiser predicts $228k by year end.

At the start of 2020, he predicted $28k by end of 2020. That was pretty accurate.
 

KeithR

VIP/Donor
May 7, 2010
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Marina del Rey, CA
Max Keiser predicts $228k by year end.

At the start of 2020, he predicted $28k by end of 2020. That was pretty accurate.
free investing advice - don't listen to those kinda dudes or "bugs." He just happened to miss $19k to $5k in 2018, too, despite a $100k forecast.

tremendous volatility today from 36k to 40.5k, down to 36.5k and then around 39k. speculators all-in. I still feel a near term top is coming.
 

bazelio

Well-Known Member
Sep 27, 2016
1,572
892
215
California
free investing advice - don't listen to those kinda dudes or "bugs." He just happened to miss $19k to $5k in 2018, too, despite a $100k forecast.

tremendous volatility today from 36k to 40.5k, down to 36.5k and then around 39k. speculators all-in. I still feel a near term top is coming.
At $4k, I was predicting $0 within a year. I've also predicted the collapse of Apple. I don't do forecasting for a living, and yet, I'm often no less wrong that those who do.
 

User211

Well-Known Member
Jul 28, 2014
2,394
713
358
Diri
free investing advice - don't listen to those kinda dudes or "bugs." He just happened to miss $19k to $5k in 2018, too, despite a $100k forecast.

tremendous volatility today from 36k to 40.5k, down to 36.5k and then around 39k. speculators all-in. I still feel a near term top is coming.

free investing advice - don't listen to those kinda dudes or "bugs." He just happened to miss $19k to $5k in 2018, too, despite a $100k forecast.

tremendous volatility today from 36k to 40.5k, down to 36.5k and then around 39k. speculators all-in. I still feel a near term top is coming.
I just think it will be interesting to look back on Max's prediction in this thread in a year.

I do think the massive money printing and falling dxy are the cause of the rise, though, basically. While that keeps happening BTC will probably do pretty well.

I also think we are probably at the start of far wider adoption of Blockchain tech with retail getting interested in crypto, the recent stablecoin announcement, and increased interest from financial institutions.
 
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Folsom

VIP/Donor
Oct 26, 2015
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I was pretty sure $40k~ was the top for now. We always want to believe things affect it but sometimes simple things seen in the numbers are just true... It didn't look like it was going anywhere.
 
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