Topic: Bitcoin Top is in. (Read 323 times)

Not Bitcoin but last year 2023 the general market was predicting a recession and failure, the reason being high inflation then the rise in interest rates.  It could have easily resulted in a recession but none was seen in most places, that alone was bullish and a reason to be buying in general also in BTC it applied.

I would have to weigh in and say comparatively everything done by central banks for over a decade now has been very easy money.   What will result is inflation now, in future and probably ongoing until a collapse.
  The old stance was to protect the worth of money but we're nowhere close to that policy now, hence no recession because government records any inflation as a minor negative as cost to avoiding recession.   Also you should just not believe everything you are told, if they say inflation 2% it can easily be 4% for a person individually as everyone's costs vary.

The 100k pricing for BTC in 2024 is not the same figure of 100k in 2014 or even more recently from 2020 onwards the figure is worth less every year.
   People discuss 1 million as a high figure but the reality of inflation is everyone on this thread holding BTC will become a millionaire due to the ever declining worth of the currency.  The cheapest YEN note is 1000, thats the end game for western currencies we'll get high figures but also it wont actually be as big as it appears now.

Stating all that, accepting the bias towards inflation then telling us BTC top is in is out of sync.   It'll likely go much higher before any top imo and its not hard to predict that especially, precisely where Im not sure.

Children should be playing in the sand or something similar, not watching stupid conspiracy theorists who fill your brain with nonsense based on a very vivid imagination. It's just very funny to me that most of those who write things like this sell everything they have and pay dearly to be smuggled into the EU where they think they can achieve all their dreams.

Will OP show up when the price of BTC crosses $100k - or when none of his doom&gloom theories come true?

Although Bitcoin is immature in the global season after the Corona pandemic, it has added its highest ATH of $99k to its current position through various cycles. Many predicted that if Trump wins the US election, Bitcoin will create a new beginning of victory, I have seen that Bitcoin is achieving an unimaginable success in the world through Trump's victory. This is because the world thinks that Trump will be very interested in Bitcoin, so everyone, especially the United States, is showing more interest in Bitcoin investment and people are leaning towards Bitcoin day after day. I think that no matter what happens in the world, Bitcoin will continue to add new ATH as usual through a bullish cycle.

You can buy bitcoin whenever you want, you don't have to wait for OP or anyone to sell bitcoin because they think bitcoin has top is. The cryptocurrency market is open 24/7 and there are always enough bitcoins for us to buy.

I don't see any problem with who selling bitcoin because that may be their goal but I am not happy with OP claiming that bitcoin has peaked without providing any data or evidence to back up his claim. Bitcoin is unpredictable, everyone has their own vision and goals, we don't need to teach others what to do.


I still believe that history will repeat itself so I believe this is just the beginning. I agree with you, it is too early to talk about selling and bitcoin can double its current price.

There has been continuous rumours about possible upcoming recession in USA and EU regions for more than last 2 years but on the same time period of time, bitcoin recovered from below $20k level and peaked up to $99k level. So, the fear about upcoming economic slow down is not new any more; it has been persisting since pandemic. Moreover, regardless of Ukraine and Israel war tensions and low crude prices, most countries are doing good economically and bitcoin market as well.

So, the argument about bitcoin is right now trading near its top is not making any sense. We are about to enter the full-fledged bullish cycle or we can assume that we are at the beginning of bullish cycle which may last for next 12 months. 2025 January with Trump government will surprise all of us for sure. Who knows, top for current cycle of bitcoin market may arrive even by mid of 2026 as well; a longer bullish trend than ever; (bcoz always expect the unexpected).

No worries, we have bounce back to $96k-$97, so mad genius speculation has been invalidated already, and that is the good thing. And just like the rest of us here, I do not think that the top in is, I mean we haven't officially touch $100k so why the rush?

And I really don't know why there are still bears in the market right now. Why not just enjoy the ride that we are seeing. let's get first to $100k and then see how it goes in 2026. Let's just talk about bearish trend in 2026, but not for now.

EU could be the biggest investors for all we know as they want to take advantage of Bitcoin.

ECB has QE and easy money monetary policy like alot of places.  Its not currently sensible to rate euro over BTC.   So is similar with many currencies, some of which are the largest most used globally like YEN.

Under these circumstances until QE is abolished and ideally reversed, debt is repaid and fiscal surplus is the policy not constant deficit spending populism we should not imagine the world will easily suspend the long term progress of BTC.  
  There are many other useful assets greater then debt based currency to a private population who wish to retain their wages overnight while they sleep not lose their savings to political failure through no fault of their own.


If you mean short term reasoning I would also disagree but short term should probably state with reference to chart patterns, volume or some better detail.

Absolutely not, not even close. I welcome anyone who thinks the top is in to just sell their coins, we welcome it because it's cheap coins that we buy and then we can wait for it to increase and should be doing better later on. If you think the price won't go any higher, then you could end up with something much bigger and better later on when we hold it and all the people who sold will regret their decision later on.

I am not saying that this should be a simple move, of course it takes time but we need to make sure that we know what we are dealing with, otherwise it won't be that simple and it will have plenty of issues as well. This is one of those situations, and I believe we are going to go up a lot more, possibly 2x more as well.

This is not a speculation based on technical/fundamental analysis, but rather a baseless prediction. Much like one would expect from a phone psychic.

Do you have any kind of data to back this prediction up or are you just hoping that all the pieces fall into place, somehow?

Although Europe is facing a lot of economic issues, including a static economic in Germany and high levels of debt, I suppose the worst thing are more toward a shallow recession than a depression. The European Central Bank is expected to pivot with an ease in monetary policy to steady the economy. Also based on the past experience, a strong recovery in Bitcoin is likely to happened driven by post-halving effect and growing institutional interest. The scenario is nowhere near as dramatic as portrayed by OP because recoveries of economies and Bitcoin's long term uptrend graph tend to surprise negative predictions time and again.

Firstly Europe is in recession for the last 10 years or so if you adjust GDP growth by real inflation and exclude some countries that do much better than others.

Secondly its not 2008 anymore. Recession means printers go brr brr brr and because of that, even if its the bitcoin top in real terms, its not in nominal.

German stock market prices during hyperinflation:

mad genius we dropped from 99.3k as low as 92.5k   the only question is how low do,we go.

Good but why 2029 specifically? What calculations have you made that make you confident that a large-scale battle or WW3 will break out in 2029 specifically? Why not before that, for example?

You seem confident in your predictions so do you base your calculations on realistic economic and geopolitical analyses or do you rely on astronomy and the stars to read the future?

Nowhere do I mention one is contigent on the other. And for my prediction, it is going in the anticipated direction.

Even if your weird prediction was true, the future of Bitcoin doesn't depend on the evolution of the economy in Europe. Not even in the US. US market is one of the most saturated ones with about 15-20% crypto owners, Europe lags a bit behind with less than 10%, but it's the rest of the world where adoption will be key to the Bitcoin price evolution in the future.

You should rather listen to news, even the most subtle ones, in China and India. And other populous regions in the rest of the world. For me, the most important news in 2024 weren't the ETFs in the US but those in Hong Kong, while they weren't traded very actively (because they are only available to HK's population) they hint about a relaxing of China's Bitcoin regulation. They may experiment some time more however in their Special Administrative Regions, so one has to be patient.

I suspect where the OP could come from though ...

Yeah, I remember your staggered sell off or strategy to make profits in the market right now. And then when we reach $100k, there could be another batch that are going to sell to make profits for themselves and there is nothing wrong with it.

Eurocrisis? Just now, Lol, we have seen the worst during the pandemic as Europe border were close for many years. And I don't think that there will be a common economic policy. Each one of them are still very independent from each other and perhaps there will be no single formula to solved each countries financial woes, in my opinion. And leadership are also very different that I do not think that they will agree in one single policy.

You are kinda late though, Europe has been in recession for years, ever since it's open it's border once again after the covid-19 lockdown. And now that they their own war inside their country with food shortage and everything that make a country collapse. So they are in the survival mode already and there are countries that are in the support of war in the Middle East and Russia vs Ukraine.

But as far as the top price of Bitcoin, (if this is the one that you are referring to), this is just the beginning for us. We haven't seen officially $100k so don't be a spoiler. Bitcoin will continue to go on another parabolic rise next year and I don't know how it will affect our Bitcoin enthusiast in Europe.

so 99.8k was it?

i guess i will need to sell all I got while we are at 98

Bold statement to make around these parts. I’m not sure I agree in the longer term but it wouldn’t shock me if we saw a pullback here. I still believe in the 4-year cycle being the most important factor in Bitcoin’s price, and that says we have a year until the top. Maybe you’re a little early with your crisis call.

Well, thats a pretty bleak prediction about Europe's future.  You sound like you think its all gonna implode.  Makes me wonder if you know some stuff the rest of us dont. Do you mind sharing?

Now on this common economic policy business - the EUs been after tighter economic ties for decades now and  and yeah, its worked out good for some countries on trade and jobs and all.  But whether that brings the whole kit and caboodle together? Thats another story.  Maybe the EU bureaucrats wanna get all unified but what works in Brussels doesnt always fly on Main Street, know what I mean?

Anyway, I dont claim to have a crystal ball on this stuff.  But seems like you got some strong opinions on where Europe's headed.