BTC

-Psychonautics-

Why is everyone acting like BTC is at $200k rn?

inioggy

Driving trading decisions purely based on daily spot accumulation can be brutal when the market is just chopping sideways like this. If you're just looking to scalp the volatility without overexposing your long-term spot portfolio, riding the price action through derivatives is usually less stressful. I've been testing out Libertex lately for short-term BTC plays specifically because they don't charge overnight swaps on it, which at least prevents your position from bleeding out while waiting for a breakout. It’s definitely not a substitute for actual cold-storage holdings, but it keeps your capital liquid if you're just trading the ranges.

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BattlestarFaptastula

I think 1BTC is life changing anywhere

Hefty_Mongoose691

Been watching BTC around the 50 week MA again and it’s got me thinking. This level seems to matter every single time we get into one of these big moves. On the way down it acted as a really important area and now we’re back above it. BTC is pushing up towards the 82–83k area now. So I’m wondering what everyone thinks… Are we actually seeing the start of a proper change in structure here, or is this just a really strong relief rally before we get another leg down? I’m still not convinced either way. For me the important bit now isn’t BTC pumping another few grand. I want to see what happens when it gets tested properly. Does the 50 week hold? Does 82–83k turn into support? And does the volume actually back the move up? Interested to hear what you guys are seeing because there are arguments for both sides at the moment.

ICantWatchYouDoThis

Please wait, I just put in a 100x BTC long, if I make it big I'll send it to you

fittes7

Yeah markets are tens of trillions of dollars and BTC is less than 3 so they can do the same %

Fluid-Door4325

Nice, fellow Sabahan. We just need to keep quiet about it, since everyone is skeptical about it. I believe in BTC. Diam2 sja la kita.

Bettie9

Congratulations! Keep up the good work—aim to own 1 BTC

tadnarosix

There is another way the people in charge of the hard fork could profit from it. Knowing that BLAKE2b was going to be the proof-of-work algorithm ahead of time would have enabled someone to buy a bunch of BLAKE2b ASIC's cheaply ahead of time. That would have enabled them to quickly mine, also known as "instamine", a bunch of lukecoins before most other people were able to buy BLAKE2b ASICs due to the very low mining difficulty that Luke launched his new altcoin with. Just look at how fast Lukecoin blocks have been getting mined. The Lukecoin chain is already longer than the Bitcoin chain. Whoever knew that BLAKE2b was going to be the PoW algo ahead of time could heave cheaply mined a bunch of lukecoins before most other people were able to get BLAKE2b ASICs and then they could later exchange those lukecoins for BTC with fools who believe that Lukecoin is "the real Bitcoin" and think they're getting a great deal. Luke chose multiple PoW algos as potential options for his new altcoin and he used a testnet4 block hash as the random beacon to pick which one to use. This was an interesting selection method considering that it's possible to manipulate this selection process by simply mining blocks with the right hash because mining a testnet4 block has a trivial cost. So Luke or somebody else could have forced a specific PoW algo to be chosen by just mining a testnet4 block with a specific last byte in the block hash. When Zcаѕh devs did something similar for a trusted setup, they used the block hash of a specific Bitcoin block in the future, and they specified that the block hash would in turn be re-hаshed 2⁴² times¹ to ensure that absolutely nobody could possibly pick the value in advance. Luke's faulty method of "randomly" selecting a proof-of-work algorithm leaves us with only two possibilities. Either Luke is incompetent or Luke's PoW algo selection process was a sham to enable Luke to pick a specific proof-of-work algorithm while making the selection appear random.

magma_lakes

I'm sorry you fell for this, but crypto *per se* isn't the issue. If you stack sats in a cold wallet, and stake your ETH natively or with a decentralised staking protocol such as RocketPool, there's no way for you to be scammed or hacked. Not exactly sure what happened to you, but he must have gotten ahold of your seed phrase somehow. With ETH and similar chains, it's also possible to approve a malicious smart contract that can drain your funds without ever knowing your private keys. Also, Trust Wallet is not to be trusted. The best hot wallets are BlueWallet (for BTC) and MetaMask (for ETH/SOL).

Remote_Comfort_9099

I own 0.2 BTC and I am from Canada. 0.01 BTC is the beginning

Syrion1984

Love it! Congratulations on owning 0.01 BTC and I'm certain in the near future you'll own even more! Like yourself I truly believe in BTC as well and make sure to acquire some on a regular basis!

Looony

0.003BTC .. PER DAY!!! wow..

Illustrious-Option-9

Which basically means Strategy is an accelerator in a crash. i.e should BTC go down significantly, they will sell, thus contributing even more to the sell off.

FieserKiller

for what it is worth: I used NeoxEX last night to dump BTCB2 for bitcoin successfully. (transferred BTCB2, sold for BT\_C and withdrew BTC to my wallet). worked fine, got 0.005 BTC per fork coin

4-1Good-79

Leverag your BTC as collateral and borrow some USDC…. Live a little and don’t sell any of your BTC… buy more… wyla…lol

ConcernSquare2474

Dead Internet + Shitcoins = Crypto Fear & Greed Index Please don’t post that metric every day, like it is in particular a good BTC metric. It’s not! If anything, check BTC chart weekly and monthly RSI instead.

chainglance_cm

Anonymity is probably not realistic starting out. Most centralized exchanges (which is where most beginners should start) require KYC, so your identity gets attached from day one. Even staying fully non-custodial, taxes will eventually link your identity to your holdings once you file. For building wealth, there are basically two ways: hold or trade. Holding means buying BTC and/or ETH and sitting on it for years, while trading is a real skill on its own, similar to day trading stocks, and it takes real time and losses to get good at. It's basically a full-time job, not a shortcut. And unlike other skills that can make you money, trading requires you to be emotionally resilient, the lack of which is how 90% of traders lose money. I would personally recommend you to start by learning how blockchains work, how BTC and ETH differ, and how wallets work (custodial vs non-custodial). Then slowly dip in with a small BTC buy and expand from there as you learn more. As your portfolio spreads across chains, platforms, and coins, having a portfolio tracker like DeBank or Chain Glance for DeFi tracking and Koinly or Bitcoin.Tax for the tax side will save you a lot of headache.

Shadowrak

Just got an ad when BTC got back to 80k. Buy $10 worth on CashApp and they give you $20 worth in October. Seems like they think it's going to drop.

radrok

This is the natural course of things. I also dumped altcoins three years ago and went full BTC, best decision ever.

Emergency_Dish_1213

But the would do FIFO, so the BTC they are selling was bought low.

Queasy-Ride4291

Nothing. Yields go up, the fed hikes rates. That’s it. A tale as old as the Fed itself. When yields come back down, you guessed it, the Fed lowers rates. There’s a lag of course, by several months, but that’s what happens. As far as BTC is concerned, it is not affected. 

Amddiffynnydd

I don’t think the money flows evenly across crypto. If CLARITY passes, I’d expect the first institutional money to favour assets with the clearest regulatory status, deep liquidity and existing institutional infrastructure so Bitcoin first, then probably established large caps such as ETH and XRP. After that, the bigger long-term beneficiaries could actually be the infrastructure: regulated exchanges, custody, stablecoins, tokenisation and networks that institutions can realistically build on. Smaller DeFi and speculative alts may rally on sentiment, but regulatory clarity doesn’t suddenly make every token institutionally investable. So for me: BTC first → regulated large caps → institutional infrastructure/tokenisation → broader alt market later.

caughtinlace

I'd watch why the 10 year is rising rather than just the number itself, since inflation, growth expectations, and fiscal concerns can have very different effects on BTC, which also spills into crypto platforms like gamdom.

Hyruii

Trying to mind trick people into thinking BTC will go to 130k.

hodler1992

Beside the clarity act voting next week there is an additional event which might be even slightly more significant for Bitcoins uptrend - from September 9th on the US Treasury will pump $4bn liquidity into the markets. On a daily base. A large share of that will flow into BTC. Be prepared for massive pumps in the upcoming months. And should the clarity act pass additionally we would be back at $100k in no time

SeaworthinessSad7300

i just hope market forces somehow make his company fail. He is actually a detracting factor for many people having confidence in BTC And if it really goes to 1m per coin or something then he will be the richest man in the world. I just dont see that happening (or being allowed to happen)

Money-Wheel-6622

What the hell is Cash App? Why would you hold any cryto let alone BTC., with this outfit. Who are they?

Wonderful_Cold_3017

https://preview.redd.it/jlbatjikofnh1.jpeg?width=1320&format=pjpg&auto=webp&s=74027ad0e967c6ae9f699b718efc78c737bfedc2 Just rake in BTC or literally any top 5-7 cryptocurrency and forget. Obviously not stablecoins 😂🤡 NFA, DYOR

realcryptocow

I prefer to find lifelong holds like BTC (aka money itself) personally Removes the stress when you’re thinking multi-decade. What will BTC be at in 2050? If it’s not $0, it’s likely very high

East-Cricket6421

We are right on schedule. It will be rocky and weak still but this is what the start of the next cycle always looks like. Front runners cause an early burst, then there's months of sideways action that starts trending generally up until we reach the halving. 6 months from the having it's party time and everyone who held is prancing around telling everyone what a genius they are. Then when it crashes 18-24 months later the universe happens and everyone is an idiot for even talking about Bitcoin once over dinner. Rinse repeat. I've been on the ride since BTC was 14 cents and every cycle some asshat tries to convince me the cycles dead. 

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Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1w6ssl0/a_japanese_public_company_just_sold_every_altcoin/ [Remixpoint, a Tokyo-listed company, sold its entire altcoin portfolio on September 1](https://news.bitcoin.com/crypto-news/remixpoint-goes-all-in-on-bitcoin-after-5-54-million-altcoin-sale/). About 901 ETH, 13,920 SOL, 1.19 million XRP, and 2.8 million DOGE, all gone for roughly $5.54 million, booking around $743,000 in profit. What's left is only Bitcoin, roughly 1,506 BTC, and the company says both its holdings and future operations will now center on it. It's worth knowing that their ETH and SOL positions were generating staking income, about $188,000 combined over the prior period. Remixpoint looked at a diversified portfolio that literally pays them to hold it and decided concentration into a non-yielding asset was worth more than the diversification and the income. They chose the asset that pays nothing over the assets that pay something. That's the maxi thesis stated as a corporate treasury decision, and I find it genuinely interesting because it's falsifiable in public. The whole "Bitcoin only, everything else is a distraction" argument usually lives on Twitter where nobody keeps score. Here a listed company with shareholders and quarterly reporting just made the bet with real money, gave up yield to do it, and now has to answer to investors for whether concentration beats diversification. Every altcoin they sold has underperformed Bitcoin over most meaningful timeframes, ETH and SOL and XRP have all bled against BTC through this cycle, and the staking yield was nowhere near enough to make up the difference. A few hundred thousand in staking income means nothing if the underlying asset is down 40% against Bitcoin. Simplicity has value too. One asset, one thesis, one thing to custody and secure and explain to the board. Bitcoin has the deepest liquidity, the clearest institutional path, and no smart-contract or founder risk. If you believe BTC is the only crypto asset that survives every cycle, holding anything else is just tracking error. However, Remixpoint is selling diversification at what might be peak Bitcoin-dominance sentiment, right as BTC dominance sits near 60% and everyone's crowded into the same trade. Concentration cuts both ways. If an altseason actually arrives and ETH runs to Arthur Hayes's $10,000 target while HYPE and the rest rip, a Bitcoin-only treasury underperforms badly and there's no diversification to soften it. I think they're probably right over a long horizon and probably early on the timing. Bitcoin-only is the correct default for a corporate treasury that can't actively trade rotations, because most companies have no edge picking which altcoin outperforms and the honest historical answer is that almost none of them beat BTC across a full cycle. Giving up $188,000 in staking to avoid that guessing game is a reasonable trade to take. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

6M66

These so called bitcoin experts r so funny. They go hide when Btc goes agains what they predicted, then show up after people forget and do it all over again like they r the one who print BTC.

mymongoose

Sure, you can lose money on an index trade too. I guess what I was referring to was the “risk of going to zero” is now enormously reduced. Of course it’s never removed - even gold could theoretically to go to zero if, for example we suddenly found huge quantities of it (deep space mining for example) In its early days BTC was incredibly risky since it was such a small asset with no institutional adoption and no regulated markets - that’s the risk that’s now been mostly eradicated

unamericandream

What’s your thesis? Why is it a buy? You give me a good thesis, and I’ll buy. “Fixed supply thing”, “banking angle”, “just watching the price long enough” makes me think you have no idea what you’re talking about. I invested in a healthcare company today, and I can tell you exactly why I think the EPS will be $5.20 for FY28 vs $4.60 currently, and that the EPS increase plus a few other factors will merit a rerating. Conservatively, I expect to be up 20% by end of 2027. If the multiple is stronger and EPS hits my high target, 60-70% is my expected ceiling. I actually wrote out a thesis. I know what will break the thesis and I will actively scan for it. If you can’t do this for BTC, you shouldn’t be trying to tell anyone why they should buy it, because you don’t know yourself. But if you can, I’m all ears and my pocketbook is open. I’m almost certain it’s going to be a bunch of regurgitated internet talking points with zero concrete reasons the price should be at 90k by end of 2026 and what would break that projection and what the potential downside could be. I’m suspending my disbelief and giving you the benefit of the doubt: please explain to me, a bitcoin skeptic, why I should move my money from complete safety in an HYSA to BTC.

Jellydude25

Oh don’t worry I’m not a perma bear or bull, today’s god candle was due to Fed Governor Warren’s comments on inflation and holding rates in at Septembers FOMC. Technically though BTC was also consolidating in a beautiful bull flag so technicals and macro aligned. But there is rsi bearish divergence now so we’ll see, it’ll probably pull back a bit maybe from jobs data tomorrow morning.

CXavier4545

that’s false if you send me 1 BTC I’ll send you back 2

mymongoose

Yes it’s more volatile, but that cuts both ways - it also goes up a lot more than the index funds. If you’re in for the long haul that shouldn’t matter the Korean KOSPI index had some insane vol this year 😉 probably the closest sort of movement to BTC

ColegDropOut

So they didn’t get the loan and bought BTC anyway….. Kinda seems like the loan had nothing to do with the BTC purchase.

LionRivr

Helps if you understand what you’re actually investing in. If it’s just a crypto project other than BTC, you should understand you’re putting money into something that is essentially a startup looking for a use-case. If it’s BTC or gold, Then you are betting on the current monetary system to continue to keep printing money and debasing its currency. If it’s stocks in your 401k, then you’re betting on US companies to continue to grow long term. If it’s real estate other than your prary residence, you probably want relatively more “stability” and something tangible than the other assets.

Temporary-Cause730

Exactly, everything would drop in the first few hours/day/weeks, but then BTC would skyrocket. If something like this happens, I'm buying all dips.

Jumpy-Imagination-81

\>BTC shouldn’t feel any more risky than just buying index funds Bitcoin fell -50% below its October 2025 high in less than a year. When was the last time a major stock market index fund fell that far that fast?

Hfksnfgitndskfjridnf

Last I checked they still have less BTC per share and still have more net senior obligations than before.

theDelicateSerenity

They’ve been kicking the can down the road for decades now, no reason to think they’d stop just because the math got a little uglier. The real question is how fast BTC decouples from the risk-on correlation when the printer inevitably fires up again. My guess is the initial spike in yields spooks markets and drags everything down for a hot minute, then the pivot comes and BTC rips.

mymongoose

The way i see it you either DCA into majors - BTC ETH SOL - and look long term for slow gains Or you take big risks on low caps and try to hit some parabolic runs - of course you only put small money into these type of coins BTC shouldn’t feel any more risky than just buying index funds or metals tbh - we’re definitely at the point where institutional support is big enough that it’s not going away

read_more_comments

Or tell reddit you have .3 BTC and show your phone number in the screenshot

farmiefinance

quite literally the worst possible timing right before BTC flies to $97k

AbstinenceJr

Instead of watching the market like you’re currently doing.. try this. Instead of being salty about the price focus on the amount. For example setting a goal for 0.1 BTC to pass on to your children or even hold when for when the clarity act passes can set you up. Focus on buying specific quantities and holding. Don’t be one of those insta-gratification. It takes time to build true wealth.

LionRivr

Or you could save a portion of that $ to take a trip But still DCA into BTC weekly with it, but if it dips, just add some more $500 purchases here and there.

ubermensch1001

What do you mean by outperforming? I was buying super heavily this year AND while also still holding my positions I've had for years, I still have BTC from 2018.

ubermensch1001

I've been in BTC for years, man, if this continues to rally I'm not missing anything. I'm just annoyed the timing of my bonus getting into my account was literally within days of missing the low 60ks.

OzzyBuckshankNA

No just means inflate the debt away and BTC is acting (right now) as a hedge to that.

FigmaWallSt

Exactly. They probably think miners speculate on BTC 😂

Unfair_Explanation53

Its not an assumption. No economy does use BTC at scale

ubermensch1001

Bro, I was buying BTC in 2018. My biggest issue is that I'm aware that this is probably the last time I can make a meaningful difference while BTC is still in the 5 figures. I think once things definitively recover and enter into a real bull market we are blowing past 100k and way beyond.

hegdefucker

Germany sold seized BTC in 2024 and were legally required to do so. Buthan selling steadily since 2024. So no “news”

No-Wish-4737

they sold to prove that BTC has value to the S&P and broader markets. The fact that they didn't buy this bottom necessarily is one thing, the fact that they have put over 6 billion in cash on their balance sheet instead is remarkable.

whipstickagopop

Cash app banned me for bitcoin stuff about 6 years ago. Still don't understand why but it's possible I bought BTC and sent it to the dark web for toys. 

wgcole01

*If* we're breaking out, then we'll experience cycles of upward momentum followed by draw downs. Over time, the times between peaks and troughs will shorten. Higher highs and lower lows each time. If BTC breaches its ATH, then we might actually be in a bull run. Watch the market. Look for rising ETH/BTC. Be prepared to jump.

Odium-Squared

What are the obvious reasons? Afraid we’ll track you down for your BTC?

rasman99

Second this. Along with any way to see (no cost!) if BTC uxto is "tainted," i.e., to prevent an exchange placing hold on any xfers in b/c of any questionable history. Most sites require subscription to check.

crustyrobots

Michael Saylor is an old school scamming POS from the .com bubble days. In recent years he's converted his company into basically a shitty BTC hedge fund built on a giant mountain of debt, much of which became unsustainable at this price.

DontLook_Weirdo

Sold at 60k - to pay bills and dividends & ended up showing BTC won't crash even when seemingly large amounts are dumped. Bought at 80k - with the extra $$$ generated from the common stock sold when the price for BTC surged...didn't use any $ from the 60k sold. It seems stupid from the headline, but damn ..lol it worked

domolishion

I have the same exact issue around the say time. Kraken support on reddit has said the same exact thing. I have 200 USH worth to withdraw and I can't withdraw it. I feel like its because ive actually made a profit a d they are waiting for BTC and ETH to tank again. Any updates on what to do? I even messaged on twitter!

dsk83

I tripled my position, but wish I had done more. Probably 70% of what I want invested in BTC I got in, the remaining 30% was emergency powder in case we did get a crash to 50k

LowerStranger9021

I don’t necessarily disagree. However, the relative movement from stablecoins to BTC or back again isn’t of much use to me as far as investment decisions go. May allocation is set and when it deviates significantly I rebalance. I don’t engage in strategic allocation because that’s just a fancy term for market timing.

premiumsaltinecrackr

Why not use Kraken or something other than CashApp for buying and withdrawing BTC?

Xennenial

They issue shares and buy BTC when MNAV is above 1. They sell BTC and buy back shares when MNAV is below 1. Their goal is to manage cash and equity rather than obtain realized gains. It looks bad from an optics perspective, but it actually seems to be working.

Porcellanidae

I sold all my USD for BTC

Rosenant

They didn’t keep enough cash on the sidelines to pay their monthly obligations. They were just a little over optimistic. Now after bolstering their cash reserves to better ride out bugger market corrections than they previously had. They are back to making their strategy of believing in BTC long term a reality.

Such-Election477

For those that haven't realised this yet - the best time to buy is during the summer sideways action. Happens almost every year. Usually in September whales come back from their holidays and BTC rockets until December where they cash out. Last year was different but it was also bear season. Personally not sure if Bear is truly over, we probably reject 90-100k hard.

Fabulous_Turnover_22

There have been enough anomalies to think the pattern won't hold much longer. Just remember the ATH so close before the last halving. Plus, with the ETFs, all the rest of new stuff influencing how BTC behaves, and the whales shifting the market where they want it, there is very little possibility the cycle remains the same.

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Post is by: sylsau and the url/text [ ](https://goo.gl/GP6ppk)is: https://inbitcoinwetrust.substack.com/p/strategy-sold-bitcoin-at-60k-now Strategy sold nearly 7,000 BTC around $60K, rebuilt its balance sheet, then bought back at $80K — because for Saylor’s machine, cost of capital now matters more than Bitcoin’s price. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Blade_Runner_69

He's already lost the war the moron, it's not his call to "end it" 😂 Anyway BTC does what it does, don't think it matters either way.

CoinRabbitFinance

Hey! Exchange stablecoin reserves are only one part of the liquidity picture. A decline can mean that funds moved on-chain, into wallets or lending platforms, or were already rotated into BTC. It does not necessarily mean potential buyers have disappeared. I would also watch net stablecoin issuance, spot volume, ETF flows, and whether stablecoins return to exchanges during pullbacks. CoinRabbit is one example of why exchange balances alone are incomplete: stablecoins can be held and used outside an exchange while still remaining part of the broader market liquidity.

Kommandant_Milkshake

Look Ben was right about a lot of things, he was just wrong about the exact timing of the bottom. However, he advised to start buying in the 2nd half of the year, which is where we saw the lowest prices. He also correctly identified the extremely low volatility preceding the August 19th explosive upturn, saying that every time BTC volatility stays low for so long, a sharp breakout occurs soon (possible in either direction). I assumed that direction would be down, but I was wrong, so I pivoted at $72k. He can't be right every time but his analysis has been valuable to me.

aatlanticcity

Yeah they will ban you if you buy BTC too often. Especially if your transferring it out immediately. happened to me in 2020. Ive had a new account for a few years and its working fine again.

xaviemb

I guess it's a good thing that you literally cannot stop someone from sending someone else BTC. You can only try to control the on and off ramps from fiat. Which ironically makes people just want to move all their commerce, store of value, and spending to the thing that fiat is trying to stop. This won't go well for those who try to suppress Bitcoin... ironically.

Master-Monitor112

This is why bitcoin is on a small uptrend because of ETF BTC investors believing this October hype.

xaviemb

At least they can't (easily) take the BTC. Hang in there my friend. Protect that stack like it's your house or retirement and ignore people who say you should "live on it" if that just means avoiding brankruptcy a few extra weeks/months. I'd rather at least have something I can carry for my future!

sid_sir21

Honestly, $120k by year-end feels a bit aggressive, though breaking six figures wouldn't surprise me given the recent momentum. I try not to put too much weight into what the "predictors" say, since nobody actually knows. Personally, I'm not touching spot right now because the market is just too choppy. Instead of just betting on a massive year-end rally, I've been trading the volatility with a spot BTC CFD on Libertex. They don't charge overnight swaps on it, so holding positions through these long, sideways periods doesn't bleed me dry on fees. Whether we actually hit $120k or pull back to $60k, I'd rather trade the swings than hope for a magic number.

biophysicsguy

We will see. I would not be surprised to see new ATHs for BTC some time in 2027. Nobody knows and I wouldn't bet the farm on that statement, but Bitcoin is scarcity in a world where everything else is increasing, especially fiat currencies. People are starting to wake up to that reality.

CarbonPlatform

This is an 84-millionth of the total supply of all BTC that will be ever available in this universe. Sounds little but it's actually a lot! Congrats, keep going!

Itur_ad_Astra

Remember, pumps are for shorting. But degens are gonna go long waiting for $200K, meanwhile BTC is still programmed for an October bottom.

Infamous-Elk-5086

Couldn't you transfer the BTC to another wallet instead of selling it?

chuckrabbit

If BTC was going to jump 5% on a headline, it wouldn’t be Trump declaring victory for the 50th time. It has nothing to do with the War.

No_Community7021

Good point. Yeah, I mean I can pay the car as it is so better keep ' BTC longer.

Clchalbaud

It’s true. These permabears constantly calling for the bottom to fall out, claiming they’ll finally buy when Bitcoin hits $40K, are full of it. Their entire game is to create fear, convince people to sell, and reinforce the short thesis. They have no real intention of buying BTC or MSTR. If Bitcoin ever did fall to $40K, the goalposts would immediately move. Suddenly they’d be telling everyone, “Don’t buy yet—$20K is coming,” complete with new charts, new targets, and another supposedly foolproof bearish thesis. You see the same characters doing this across every group and every market cycle. Whether they’re actually being paid by large shorting firms is another question, but their behavior certainly benefits the short side: amplify fear, destroy sentiment, encourage selling, then move the target lower every time the market falls.

BorgerMoncher

Depends on the amount, your tax bracket, and your view of the dollar. I'd keep the BTC, as my outlook on the USD $hitcoin is rather negative.

aalmosawi

Yeah — if you're looking specifically for the short setup, I wouldn't short BTC at $81K just because it's extended. The interesting area is above the current price, where the chart has a cluster of resistance. On your chart: $81.35K–$81.50K — immediate resistance. Your chart already shows the recent high around $81,478.87. $82.0K–$82.8K — much more interesting short zone. There's broader resistance around the $82.8K area as well. Reuters is independently flagging roughly $82.8K as significant resistance. $83K+ — if BTC gets through that decisively, I would not want to be stubbornly short. A clean breakout above that zone changes the setup considerably. What I'd actually wait for I wouldn't put a blind short at $81,500. I'd rather see: BTC pushes into $81.5K–$82.8K → takes out the highs → gets rejected → comes back below the level → lower-timeframe lower high → short. That's the juicy setup. Because what you're looking at right now is potentially a liquidity sweep. BTC runs above the obvious previous high, triggers breakout longs and short stops, then reverses. That's exactly the kind of move that can produce the short you're anticipating. And there's a pretty good reason not to rush it: BTC has already had a substantial recent rally, and $82K-ish is being identified as a major technical hurdle. So if I were mapping the trade from your screenshot, I'd mark: SHORT WATCH ZONE: $81,500 → $82,800 Best version: spike into the upper part of that zone + rejection. Invalidation: sustained breakout/acceptance above roughly $83K. First downside area: \~$77.4K Next: \~$75.5K–$75.7K And here's the important bit: don't short merely because BTC touches $82K. Let BTC prove that sellers are actually there. The 1D chart tells us where to watch; your M5/M15 chart should tell you when to pull the trigger. That's the difference between “I think it's going down” and an actual short setup. https://preview.redd.it/bwotd2t0fcnh1.jpeg?width=1268&format=pjpg&auto=webp&s=3245ec8ed2f4a102345ada3ef778874210db36ff

suuperfli

supply cap is one important characteristic of a good money here are some of the properties. a good starting point for some education: * **Scarcity** — 21M cap, enforced by consensus rules rather than by a producer's discretion. Gold's supply grows \~1.5%/yr and can respond to price; fiat has no cap at all. * **Durability** — it's information, not matter. No decay, no corrosion. Persists as long as the network does. * **Portability** — final settlement of any amount, anywhere, in minutes. Moving $10M of gold takes armored transport and days; moving $10M of BTC costs the same fee as moving $10. * **Divisibility** — 100M sats per coin, natively. Gold requires assay and minting to subdivide. * **Fungibility** — units are interchangeable at the protocol level * **Verifiability** — anyone can validate supply and authenticity with a full node on cheap hardware. Verifying gold requires trust or specialized equipment; verifying fiat's supply requires trusting the issuer. * **Censorship resistance / self-custody** — the property fiat and bank deposits lack entirely. Keys held means no counterparty can freeze or seize without physical access to you.

Electronic_Quiet_123

Fuck you. I need BTC low for a last chance to quit my job.

Electronic_Quiet_123

Fuck you. I need BTC low for a last chance to quit my job.

Stereo-Gito

Don't celebrate too soon $1k BTC coming in Oct of 2017

gonzoes

Honestly at first when BTC crashed under trump i seen it as a huge L and of course trump would ruin BTC like everything else he touches but the timing might have actually saved us in a way in regards to whenever the stock market gives in. Meaning when AI bubble finally crashes so will BTC which would be a catastrophe if AI bubble popped as BTC was at its low if BTC can stay above 80k at least until the AI crash i can see BTC crashing again obviously but not as devastating as it would have been when we were at 50 or 60k

Darkstar_111

BTC up is good, but the Iran war will not end as long as Trump is President.

ContentBlackberry0

Why in the world would you hold BTC in freaking Cash App?

pop-1988

The post title is wrong. The linked article talks about the mythical BTC 4-year trading cycle, and one zero-credibility analyst claiming a different trading cycle is replacing it Nobody's talking about changing Bitcoin consensus

Leviathan_Dev

Strategy alone holds 800,000BTC so that number is much, much lower real-world