Topic: Pump Bitcoin over $70,000! - page 6. (Read 1069 times)

Bitcoin went ATH last night, and then after that, suddenly there was a retracement of around -17%, if I'm not mistaken, and I've witnessed this several times before, where every time the previous ATH was reached, there was actually a temporary rejection, and this is what happened.

Now, of course, to what you are asking, I think if there has been a retracement, you should take advantage of that so that you can build up the SHIB that you want to build up in these times.

Let me guess, you have a huge amount of SHIB in your arsenal, right? Lol...it doesn't work that way.

Yes, Bitcoin was pumped heavily yesterday to the extent that it again hit the ATH of about $69,000 and moved almost $300 above it according to my broker's data. That was nice and expected as well judging by the way the asset had moved since the early weeks of 2024. But about your reference to SHIB, you should not put so much expectation on that, it never works directly and what you are looking towards is a correction but SHIB and Bitcoin are not so correcting the way PEPE for example is correlating with it. Though not so highly but to a reasonably better extent than that of SHIB.

You may judge by what happened between September 2023 to January 2024 to know what I am saying about Bitcoin and SHIB's correlation, nothing spectacular happened to SHIB during that time. But when it got to February and the first days in March, SHIB and all other important meme coins moved strongly upward, and if I am correct, the least moved x4. That's how it happens in crypto world, it is their own time (meme), and all coin classes have their time. It could be the time of AIs today and the time of DeFi and Infstracture the next day.

For this, do not think it is the automatic time of meme coins like SHIB when Bitcoin rises, the correlation is not worth it for the two crypto assets.

The price will try to test the $69,000 levels several times. If it is rejected, as happened yesterday, we will head towards a correction, otherwise the price will continue the upward journey. The good news is that the $69,000 level has become very weak, so the next time we touch this level (after a correction occurs), exceeding it to $75,000 in less than an hour will be possible.

You have to wait and see if Altcoins will follow the trend this time especially with your SHIB.
I'm still bullish for this year but I think, correction is about to happen so don't over hyped and just stay focus on your target price.
I do take profit already, and waiting for another opportunity to buy, I can't hold that much because profit is my priority as well. Let's see this week if BTC will hit that big this time, time can tell.

It is like a call from a newbie who wanted to get rich quick with Shiba Inu, bought that token latest days and now stuck with fear of Bitcoin correction will cause massive correction in altcoins.

Bitcoin leads the market and if it turns to bearish after 6 green months, altcoins will have some shocks. If Bitcoin goes sideway, it will be well for altcoins but I am not sure about Shiba Inu which pumped so hard recent weeks.

It is a quick correction as Bitcoin price today is not much different than its price yesterday. I don't see how the top of this bull run is yesterday price, it will be much higher but I agree that double top at higher prices, will be signal of distribution and the end of bull run. Not now, months later in my opinion we might see Bitcoin double top.

We broke the ATH but had a horrible rejection. Initially I assumed we might of topped and this double top would of been it for this cycle however there is light at the end of the tunnel.

I assumed we would have a -$1B day today of etf flows. However most flows were positive. GBTC was -300M or so, it was high but not crazy like -$1B. But we were all waiting for the IBIT number and we were worried it would be low or negative but guess what. It came out and it’s $788M. This is a crazy number. Record high for the etf and 2nd highest inflow day while we broke ath.

So we might get another stab at $69K hopefully.  Seems boomers aren’t still buying bitcoin and they don’t care what price they pay.

Yes ! No need to take pressure yourself. Popularity and demand will take Bitcoin to unique heights. We are expecting the price of $100k as soon as possible.

 Lol with the pressure you’re going With you may lose a lot too, and we might gain but the chances of you gaining profit is very low because it is advisable for you to wait for another market This one has already passed you by I am really really sorry even Shiba also had bigger move. I only realize that again a lot from Shiba, one of my friend had Shiba in his wallet he does not even care because he doesn’t go on any trading platform so I just advise him because then I also bought Shiba but I sold my off earlier last year after this the movement of Shiba I called him, so does he still have the wallet he said yes I said open it and send me a screenshot let me see he did he had about a lot of Shiba. He doesn’t even know that the Prophet is there already, so it was a good thing to him and he’s so lucky.

Lol. I don't think this is possible. This is not how to make money, you need to work on it and have patience. This is not how trading works.

Now that Bitcoin already reached the previous all-time high, I am waiting for another run above and to create another all-time high.

Okay whales, pump Bitcoin up!  I need to make a big profit on this.  And do whatever it takes to surge Shiba Inu as much as possible too.  It doesn't have to be true, it just has to make me money.