BTC

fugogugo

I still dont get how us treasury buyback can suddenly boost BTC price what exactly the logic behind it

Open-Task6758

IMO, you will given another opportunity later this year. This is a typical abc correct. 5 waves down (started October 25”) now we are in 3 wave upwards move which will get a follow up with 5 waves down with a high possibility of new lows. From my experience the best strategie is not timing a market but rather DCA the downside. IMO a good range to start accumulating back in is around 65k down to 40k or lower. Also if my strategie didn’t go as planned I look at the chart time wise. BTC has a tendency to follow a time based cycle which for this cycle the bottom would occur around October this year…

Garrett_CPAatCOS

I have not heard of any users receiving their stolen BTC back. It is still sitting in a few addresses.

Final-Bodybuilder576

I'm not running an AI program to predict market movement. I have a basic idea of how to read the charts, and I can tell you DMI is what I usually watch, on a minute basis. I've been watching DI+ seesaw with DI- and the pattern is that one starts overtaking the other, the price rises (DI+) or drops (DI-), and then the seesaw tips and the direction reverses. This has been the game with the price this whole time I've watched once the short squeeze was mostly out of fuel. CHOP being high is telling me the price has been oscillatory. The 7 indicators I use on Coinbase are specifically the most useful to know for grid trading. But as far as the price rising? It's been a very slow grind from $78,000 and it got pretty close to $79,000 a couple times recently. If it can break to $79,000 there's probably enough short fuel there to drive it to $79,500 which will then have enough fuel to drive it to $80,000 and I'm sure all kinds of chaos will break out there. But again, it's a slow grind back up to $79,000 because it's not being driven by short liquidation. It just isn't. I just want to make my profits, time the drop correctly, pull all my BTC out of the bot, and wait until the price drops to what I think will be the floor, and then buy them all back up and fire up another grid bot. https://preview.redd.it/oy6r0nmdhukh1.png?width=1911&format=png&auto=webp&s=b365dafa86945a44fa08d5f0aad269b99febcd29

jjneo777

We always talk about the guy who bought the pizza... what about the guy who received 10K bitcoins for a pizza what did he do with the BTC?!

dj_destroyer

One day BTC will pump $100k in one week... people aren't ready.

twill41385

Between this and Cramer saying to buy BTC, I’ll see you in 2028.

SystemCrashh

Just bought 21 million BTC myself actually

Centmo

I literally just commented on a post where it was a clip of him saying he was going to sell all his BTC. Dude.

Realistic-Ad1498

Anyone who thinks they know where BTC is going to be in 2 months from now is just guessing but to think it’s going to $10K is delusional. If you think 10k likely, you should go all in on shorts and make some $$,$$$.

Odd-Fun-1482

Incidentally, its also how  Millennials, Zoomers and Alphas get drained by the institutional bigwigs manipulating BTC for their own gain.

Odd-Fun-1482

A lot of people don't know what a short squeeze cascade looks like. >News causes a nice 3-4% candle >this causes shorts to liquidate, causing forced BTC buying to close the contract >this causes another 2% candle >this causes more shorts liquidate... forcing btc buying >this causes another n% candle None of this is renewed interested, or new money coming in. Sure it's got eyes on us due to volatility and potential, but this isn't bullrun conditions. It's a pump from people being over leveraged.

Silasurf

Bro judging him who owns 0.09 BTC

Nathaniel_Sparky500

We're not allow to discuss anything but BTC, but there is at least one other crypto that has real world usage and value. It currently only trades for $400 USD, but it has been de-listed from most major exchanges and banned in a number of coutries. It reminds me of Bitcoin ten years ago.

QuietLedgerAcademy

1) Entry Strategy: The Blended DCA Approach Lump sum buying immediately after a pump is where most returning investors get caught. A sensible entry is splitting your intended capital in half: allocate 50 percent into a weekly Dollar Cost Averaging plan over the next 4 to 8 weeks, and keep the other 50 percent in cash to deploy on inevitable 10 to 15 percent pullbacks. This eliminates FOMO while preserving capital for better entries. 2) Asset Split: Spot Assets vs Equity Proxies Spot crypto should remain your primary foundation. A clean ratio is 70 to 80 percent in direct spot Bitcoin and Ethereum (skewed heavily toward BTC for cycle stability), and 20 to 30 percent max in equity proxies like MSTR. MicroStrategy acts like a high beta, leveraged Bitcoin play with traditional market risk, so treating it as an aggressive satellite position rather than your core holding keeps your downside protected. 3) Mindset for Coming Back In Do not worry about catching the exact bottom or missing the initial move. Crypto bull cycles provide multiple consolidation windows. Focus on disciplined position sizing, keep the majority in spot, and let the market come to you. At [https://ledgersacadamy.com/](https://ledgersacadamy.com/) you should find all the answers you looking for in the future, or just google. I hope this answer the question 😄

nickoaverdnac

It didn’t in the first place. These boomers act like the community isn’t already working on it, and that Quantum computing will suddenly be in the hands of bad actors because they bought it at Best Buy. He has no clue what is happening. QC tech is still effectively a research project requiring extremely precise conditions to operate. Add to that more than BTC uses SHA256 encryption like for example the entire banking system.

Final-Bodybuilder576

The one I use is Bitsgap. Look it up. Basically what you do is you set up a grid of buy levels and sell levels. You allocate your capital to it, ideally with your BTC/USD split however you want it to be split (it prevents the bot buying or selling at market prices to set up your grid). Then you tell it what you want for your grid step percentage (general rule is that the smaller the percentage of the grid step, the smaller the spaces between buy and sell levels, meaning you'll get more order fills but more of your profits are taken by fees, and the larger the percentage of the grid step, the larger the spaces between buy and sell levels, so while you won't get as many fills, you will lose less of it to fees). Then you set the number of buy and sell levels and start the bot. I would suggest backtesting the settings to see how they perform in different market conditions. Then, as the price rises it will sell the Bitcoin you placed at those levels at progressively higher and higher prices, and as it fills a sell order it will place a corresponding buy order for when the price drops near that area again, and as the price drops it will buy Bitcoin with the USD you placed at those levels at progressively lower and lower prices, and as it fills a buy order it will place a corresponding sell order for when the price rises near that area again. So you're essentially DCA'ing as the price drops and making profit off those buys as the price rises. Give it a try! Watch their tutorials, and make sure to backtest. Note that my personal setup is a .10% grid step percentage. It is the lowest grid step percentage you can set, and while it captures oscillations in the price of Bitcoin in the range of $69-$70, it is VERY fee-sensitive. Whatever exchange you trade on, if you don't have at least 0% maker fees, .10% is not going to do anything for you but lose money, as the fees will be higher than the profit. I'd a good grid step percentage to start at would be .28%-.32%. The grid step percentage restricts your options for how you can set up the rest of the grid (and vice versa with the other parameters), so it makes the rest of the decisions easier. Give it a try!

Serenaded

ETH is flipping BTC

WSSquab

Noob, Ive just bought 736k worth of BTC

Big-Experience-807

Yes, modern AI can already invent its own, more perfect cryptocurrency today. But will we, the people, accept it? BTC has been around for over 17 years, so why would AI (SKYNET) start promoting something that we, as people, will not accept at least at first? AI will have to adapt to us at least from the beginning. So what - why not take advantage of it - and after all, who wants to live forever?

GoldmezAddams

Sure, with the caveat that what would replace cash would be medium-of-exchange focused layer 2s like Lightning, Chaumian ecash, etc., with base layer bitcoin being more for final settlement. What I would expect to happen first, is that it becomes increasingly relevant as a reserve asset, like gold and US treasuries, held on the balance sheets of countries / central banks, companies, etc. Then as monetary reform becomes increasingly necessary, it presents as an obvious choice to use to fix the money. Who knows how that plays out or how long it takes, though. I do think people in the present who want to buy or sell goods and services for BTC should be encouraged and there's a lot of room to expand BTC's use as cash without any need for state action except to get out of the way and let it happen. Last year, Square enabling BTC payments for US merchants was a really nice step in that direction.

liquid_at

BTC usually starts the bull cycle with a new high, then Alts take over and finally, end of year, BTC does its new ATH. Just to point out that a Late 2028 High for BTC would not invalidate a Q3/Q4 2029 ATH.

Big-Cheetah5159

The post said “ BTC is the only crypto that did well…. anyone know why that is? Your answer was “because there are more buyers than sellers, WRONG. It’s because of its deflationary model which directly affects supply and demand. All the buying that is happening is more than the supply being added, so in that regard your right, but it’s not the end all be all. The halving is the most significant reason why the price consistently move up and to the right (it’s deflationary model).

Big-Experience-807

yes, volatility has been predicted since the inception of BTC

Legitimate_Love176

That’s exactly what it looks like….. BTC is supposed to, and most likely will go down another leg to around 45K and then move sideways above 50k for a few months….. ONLY then will there be enough capital to drive up to another ATH.

YOLO911911

Man, I wish I had put all in BTC. Will sure not trust others moving forward

read_more_comments

Their first hate is BTC, because at $60k that is proof it's worthless. Their second hate is birds, because like Bitcoin, they aren't real.

YOLO911911

Hope to be retired from a BTC run by 2140

YOLO911911

Could BTC eventually replace cash? Was listening to a podcast today and they said this would make BTC go ballistic

slickrick_27

Scary. Even as a BTC investor, it’s scary to think of a world of hyperinflation.

FitOccasion3177

my NC wallet shows my balance but the public bitcoin ledger which cannot lie shows my address contains exactly 0 BTC, they have the private key so the money is gone.

read_more_comments

He doesn't even know current move was due to the biggest short squeeze in BTC history. What keeps the move going up?

crimeo

Saylor's cost basis is 75k, so he has only made 77/75-1 = 2.6% returns total on his BTC, ever, total. (actually minus another fraction of a percent due to some realized losses already) The S&P 500 has massively outperformed Saylor's 2.6% gains, whether you measure since 2020, 2023, or even just this year alone

graytleapforward

Sounds good but I would never let anybody know I have BTC, especially a landlord in a foreign country. It's a security risk, especially when you're older.

GoldmezAddams

Most shitcoins / alt coins are too centralized and/or have no sensible value prop, especially compared to bitcoin. Proof of stake is fundamentally flawed. And nobody thinks this or that dogcoin is actually gonna be relevant in 10 years, they're just trying to ride the trends and dump on the next guy. Meanwhile BTC remains our best, most realistic shot at meaningful global monetary reform. You can count the other coins that are even worth existing on one hand.

Playful_Judge_9942

I don't see any reason to own IBIT over just holding BTC unless it's in a retirement account. If you want a BTC ETF that does something different than BTC I like BTCI because it pays monthly dividends.

JEI2E

You lot have been screaming "MSTR collapsing will be this cycle's black swan event" and the only thing that happened is Strategy maturing and selling off a small chunk of their BTC in order to build a bigger cash reserve stack for the future (and as a big middle finger to all the bears and scared investors). I'm not saying this company will never go down, but it's so funny that some people are waiting for it to happen before they'll potentially jump into BTC again. If it happens in two more cycles (which is 8 years), your "gift for a generational market entry" will still be tenfold of today's price. There is a reason why people on the sidelines will always remain poor. It's the worst financial decision one could make. Even worse than buying in at a wrong time. At least then you tried something.

ihavenotimeforgames2

Does it matter? Sometimes you wait for sentiment to shift to buy. Ultimately these are all fine price points for where BTC will eventually go.

Coininator

If you by mistake would convert all your BTC to USD… would you rebuy 100% of them? Probably not I guess. If your BTC stack is your main source of your wealth, then it’s time to de-risk. You might just take out 4% of the current stack you have, yearly for the next 25 years? Or twice per year 2% of your starting stack. As others said: DCA out, or I‘d add, if it’s a very significant part of your wealth, it’s probably wise to derisk and put most of it into a cheap mutual fund/ETF.

Fat-Finger-8906

I bought 120k of BTC, no proof

SeaworthinessSad7300

How long have we got before real threat to BTC. And considering that the Chinese or others might be ahead

ds3101

Jim Cramer just said to buy BTC again. Not even joking

mjamonks

There are many valid reasons to have a problem with BTC. The folks that have had their power bills spike, their water quality decrease and have lost enjoyment of their properties due to mining company noise are a great example.

TheGreatCryptopo

At this current time you can insert any crypto. BTC, ETH, LTC, DOGE, ~~Moons.~~

Silasurf

Breaking news: your government has the right to fuck you in the ass, BTC solves this

Glittering-Bus-5546

BTC is run and owned by wall st now. Your about 6 years to late

UseMoreHops

BTC doesn’t give a fuck about your plan.

TheGreatCryptopo

50/50 BTC/ETH. Go away for five years. Come back and give thanks.

Illustrious_Bag_7515

We are in crypto (winter) hell and only BTC can save us!

loc710

Anyone holding 2.5 BTC isn’t just now “starting to believe”

WorkerPlayful4192

Dude trollin BTC bros.

SeaworthinessSad7300

I think he's a net negative for BTC

OliveLegitimate3236

Reason why you want DCA. I do it dynamically with increase DCA the lower it goes with extra powder at defined thresholds based on the 200 sma. This way you know you didn't miss. Stay disciplined, humble, keep emotions out of the game, don't leverage. Nothing goes up or down forever. BTC is still there and do its thing every 10 minutes, it doesn't care about feeling.

BoomerSooner-SEC

So when BTC is all mined and the value is say 200k I assume you will be willing to sell yours to someone from the next generation for 10k? Otherwise won’t they be writing the same idiotic posts about you?

Turbulent-Land-5664

I entered BTC because I had to do something with a stack just sitting in my bank. I didnt want to do the traditional investing, but tbh I didnt know much about investing money and I knew even less about Crypto. It has outperformed traditional investments by a high margin. I do not think BTC was understood when I purchased like it is today.

Mededitor

So about 1.3 BTC. Why? Bitcoin is frozen at $63K and has been here for almost a year. There are no buy or sell signals. All we can do is wait for price action.

L4gsp1k3

I don't get it, why enter BTC at all if you need an exit strategy? Isn't the whole purpose of buying BTC is that we believe that BTC one day will become a currency that we can use, No?

tykeryerson

I just bought 2 Brazilian Dollars worth of BTC

HamburgersOfKazuhira

It's fully retarded to try to time the bottom or the top. The only reasonable strategy is to DCA in, something like a CashApp recurring buy 2x per month each time your paycheck hits. Just 5% even. Slowly stack and accumulate without having a significant impact on your finances. If BTC goes to the moon, you'll be happy to have something, even if just a small bag.

L4gsp1k3

And I'm being downvoted in a BTC sub cheering for BTC, this feels weird.

OrganizationStrong81

Certain assets you don’t short because it’s not worth it in the long run. The ultimate trend on BTC is up. Trade with the trend,therefore treat dips as dca opportunities.

Veganarchyst

When EVERYONE is scared, THAT'S when you buy BTC was at the highest *"fear index** it's ever been at $58k So that's when you should buy

omni_wisdumb

I've been in the space since 2011 and I consistently have some my entire BTC position and have made a LOT more profits than if I had just kept it all or partially sold. What's dumb is to sell after a massive dump in price or to buy when the price has more than doubled (especially since 2018).

Wowdavid2002

Seems to be a good amount of “institutional” interest so I see it being a thing long term especially if privacy concerns keep being a topic of conversation. I got in at around 300 so this is nice. I think there’s going to be a decent pull back, but as long as BTC and crypto interest keeps regaining momentum i don’t see why it doesn’t hit 1500 next year

Longenuity

OP single-handidly gonna make the most epic breakout in BTC history. LFG!!!

RichBrokeRich

LMAO! If that's not a solid indicator BTC is heading into the dirt for the near future....

L4gsp1k3

Maybe he/she/it/whatever is proud of it and wanted to share it with fellow BTC holder ? Isn't this post suppose to be good and we should all cheer at OP ?

NegativeSky603

Congrats, now learn to properly hold it starting with the number one rule, never tell anyone you bought BTC.

No_Many1994

You bought 100K BTC???

Turbulent-Land-5664

I too am worried about this BTC tech its kind of getting old with all the new changes in AI. The adoption curve is hard - people still dont know how to do it unless its an ETF or a proxy.

beastmanzx

If you go all in on BTC it should be a long position. Not 6 months. You can do whatever you want, I'm just saying. Why would you put everything into one thing without being deeply committed? You had to be aware of it crashing significantly multiple times in the past. I would just keep the BTC; you're already in deep (since you went all in). If you want to diversify just start whatever else from scratch at this point.

ExpressCopy8786

You are passing money in a circle. Bitcoin is no productive asset and has no inherent use, hence no forced buying outside of greed plays. That's it. That's all. That's the baseline. All the it beats FIAT currency stuff is only true if enough people provide liquidity and believe in the brand and narrative of BTC. There is absolutely no hard claim on going up in value vs. fiat. But muh scarcity. A lot of things on this planet are scarce. Like my ass hair... And yours... But that does not give them inherent value.

Porcellanidae

Msci world is 12% up YTD. Not too poorly at all. Whilst BTC is still down over 12% YTD

E92_isaiah

My plan is to sell a majority at the next high point. I’m 23 and don’t need the money, but it would help me retire earlier. If bitcoin hits 200k I’m selling 80% of the stack and dumping it all in FXAIX to chill. I don’t believe in the future of BTC with the advancements of AI and Quantum computing. Also the scams, and platforms that freeze it and all that. I’m trying to get most out before 2030, but I’ll always leave a little stack just in case.

awesome_soldier

Let alone $62k about a week ago? Meanwhile I’m just chilling at 0.00168606 BTC currently worth about $130.15 mark to market.

Alternative_Show9800

Out of all my investment classes, BTC is the last class I will cash in

crimeo

He's been building up BTC since 2020, not since July 2026

seanmg

You mean DCA for 6 years like he has and have an unbelievably absurd about of BTC? Homie is chillin.

FiB_VIKING

I took the cash which I wanted to put into BTC and turned on daily DCA on binance since feb this year to stop my DCA by end of october. I'm quite happy with this approach. I've accumulated enough and if it drops or retest lower price levels i buy as usual.

spawn77x99

Still buying since 2017... best decision ever! Sadly I started with only $50 when 1BTC was around 4k.

sparkythewildcat

It went up bc I sold all my BTC last week. You're welcome lol

A1Shady

This has to be a bot posting. BTC is never making it to 1mil...Maybe Palantir token will.

blaziken8x

Don't fall for sunk cost fallacy, I would not put in more money. I held siacoin since like 2021, and I even kept putting more in over the years (luckily I was also buying BTC and ETH), I finally decided to dump it at the end of 2024 when it didn't have any significant price movement while my other crypto did.

FallingKnife_

Sellers are exhausted. Whales and shrimps held the line at $60k. Hints that Fed may be holding or lowering rates while inflation is rising, while Treasury doesn't know what to do about funding $40T deficit into rising 30 yr bond prices, starts looking to sell shorter durations which will further fuel inflation. Easy money AI trade is also looking depleted. Suddenly, risk on with BTC as a hard money hedge starts to look good again, and demand for Bitcoin rises just when sellers are done and moved on to r/Buttcoin. Not rocket science or magic here. More demand than there is supply.

logan-807128

Oh if health events are involved then you should start doing trips NOW. People who are young don't understand sometimes for an individual even a year can be a huge difference when it comes to health and the ability to travel/enjoy life. Yes, the 1 BTC might go to $125k next year instead of $77k now but your health might be able to enjoy the $77k now rather than the $125k next year. I'm assuing you have more than 1 BTC but i'm using that as an example. Money (fiat or btc) are only useful if they are useful for your life at the moment.

Blkout50

Yeah, I was going to buy 5 BTC @ $65k, but then I thought I should would wait until it hits $100k again 🤪

-Lomaximus-

I sold 4k BTC at an ath of $36. Not a day goes by that I dont think about where id be had I not.

logan-807128

If it's shit pile then just plan for 30 years (which is about 7-8 cycles assuming 4 year cycle still holds), and then for each cycle instead of accumulation, sell 10% of existing pile. Let's say you have 10 BTC (for example), the first cycle during bull run (2029?), sell 1 BTC (9 BTC left), the next bull cycle (2033?), sell 0.9 BTC (8.1 BTC left), the one after that, sell 0.81 BTC (2037?), etc.

logan-807128

One thing to keep in mind is that at 64, it's very likely you and/or your spouse have about 3 decades of spending that you need to plan for. In general (not BTC specific), people who plan underestimate how long they live but overestimate how much money they need.

DiamondHandsDarrell

The squeeze didn’t just come out of nowhere. Treasury moved to increase long bond buybacks, long yields eased, the dollar weakened, and BTC already had a couple days of ETF inflows behind it. That gave Bitcoin the initial push through the resistance area everyone had been shorting against. Once BTC broke through that level, the shorts started getting liquidated. When a short gets liquidated, the position has to buy BTC back, so that forced buying pushes the price higher, which liquidates more shorts, which creates even more buying. That’s how you end up with roughly $1.4B in shorts getting wiped out in a few hours and BTC basically going straight up. So the short squeeze was the accelerator, not necessarily the original cause. Now the important part is whether actual spot and ETF buyers keep buying after all that forced short covering fuel is gone.

OkProject2361

I get it. I’m 34 and I’m not round tripping my entire stack again. I’ll sell enough during the next bull run for a good home down payment. I also have the ETF in my Roth and my HSA. I’ll be trimming gains there during the next bull too. I’ll always have a minimum exposure of 0.5 BTC though.

Beautiful_Level_3259

Last cycle BTC went 33k —> 44k everyone said the bull market was here and everyone was an idiot for waiting for 20k…. And guess where it ended up going….. 20k

BestialitySurprise

This recent BTC jump is just hype over the arbitrary USA debt milestone of $40 Trillion. Gains will be wiped within a week.

Elhodlerdevo

Only 10 ? I just bought another 100 BTC just before it goes to 200k EOY

Business_Office_7978

Just bought 100BTC, tmr will buy 1000BTC. lol 🤣

CellFit2989

Calls Grandma “Buy BTC Granny”

BoshansStudios

oh yeah man, I just bought another 10 BTC for my familie's generational wealth.

Turbulent-Land-5664

Warren buffet was a little bit more flush than me. Its rediculous how I live right now, with a really nice BTC portfolio and otherwise not enough income to live. Thats not pessimistic my friend.

Turbulent-Land-5664

I dont earn any more fiat - not enough to invest or purchase more BTC. Thats the problem compared to conventional investing. Theres compounding interest, and you can purchase more. My dream is to have a landlord that accepts BTC while living abroad in Asia. That owuld be a cool way to DCA down.

paidzesthumor

A lot of problems with the overall thesis. Few institutions will use crypto as collateral. There will be zero consensus on how much risk weighting to apply and what the haircut will look like across CCPs as reflected in their rule books or bilateral trading partners in their CSAs. Plus if you have to liquidate the collateral, you pay a massive capital gains tax. And if you’re a bank, the existing 1250% risk weighting Basel guidance is really gonna mess up your balance sheet if the B-D entity is holding BTC on the books. Long and the short is institutions will just use tMMFs and tUST; tokenized versions of the same securities and collateral quality they’re already familiar with. Few institutions will accept BTC as settlement for tokenized equities. Seriously, what market maker is going to make a NVDA / BTC market? Oh, and you’ll enjoy another capital gains tax on both trade legs. Not to mention as an institution you won’t be able to net your trading activity with a CCP so have fun pre-funding all your trades. Regulated asset classes will always have a huge risk management firewall between them and crypto even if they’re on similar settlement infrastructure and that risk management firewall means traditional capital isn’t going to be pumping crypto prices. If anything it’ll pump the regulated asset prices.