BITCOIN Discussion..........

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Ace7550

Ace7550

Joined
Oct 19, 2021
Messages
1,791
April 2024. I'm in now. History says there will be a lot of sideways movement for a while with small increases starting approximately one year from each halving. Then there is a huge run.

This is from before the last bull run. The halving creates a new bull run like clockwork. This graph predicted the 2021 run perfectly.

61fdeb98-ab70-4105-aa8e-5af1ba41c316.png
 

homie1975

homie1975

Joined
Oct 6, 2022
Messages
1,023
who is still holding BTC with me?

jumped in and out multiple times for profit this year but now stuck on $29,700 cost base.

it is currently at 27,215.

not low enough for me to average down yet.

watching closely.
 

raiders72001

raiders72001

Joined
Jan 28, 2023
Messages
189
Bitcoin fees have seemed to spike in recent weeks. @raiders72001 is there a correlation to why that happens ?
I'm a little late here but people were putting NFTs on the bitcoin blockchain jamming up the mempool causing the increase in fees.

In the past, bull runs did cause an increase in fees but that changed in the last bull run in 2021.

FWIW, I still think ETH is the major play.
 

JDS

JDS

Joined
Dec 11, 2021
Messages
37,364
I'm a little late here but people were putting NFTs on the bitcoin blockchain jamming up the mempool causing the increase in fees.

In the past, bull runs did cause an increase in fees but that changed in the last bull run in 2021.

FWIW, I still think ETH is the major play.
Yeah, I read what you said across the street a few weeks ago.
 

homie1975

homie1975

Joined
Oct 6, 2022
Messages
1,023
BTC will be 20k before 30k. Avoiding holding more than I have to for the next few months. The whole crypto space needs to be wiped clean. The only things with value are BTC and stablecoins. The rest is useless.

good! let's buy more on the way down, incrementally and carefully.

then we ride the wave back up starting at a lower Cost Base.
 
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