You understand if this dips under 88b next stop is around 60b, right?

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>muh eliyot wave

>>2733434
Excellent. I have recently procured precisely one hundred thousand, thank you my good sir!

The fact that lower highs are form indicate that more money is cashing out/ not as much coming in. Unless there is a fundamental change, and soon, this will likely turn into a shorter term downward trend. People are starting to come to the realization that they may have been too eager, on something that has no basis for its current level of pricing, besides pure speculation (and I like crypto and smart contracts, but come the fuck on, people).

>>2733434
You understand that you are making shit up, right?

>>2733486
Those lower peaks are indicative of people cashing out when they can, this is a sign of losing confidence in the market. It is important for that support to maintain for your "investment" to keep going up. But why should it? I'm not telling you to sell everything right now, but ask yourself, besides the having the intention to sell these coins for higher prices, what fundamental is there, right now, for someone to buy - rather than, say, some stocks in Amazon or Apple.

>>2733503
*what fundamental reason is there, right now, for someone to buy these coins

>>2733503
Having something that's value isn't tied to any specific country or organisation.

>>2733514
in my opinion, that's not worth thousands

>>2733523
You're right, its worth trillions.

>>2733529
you may actually be right one day (part of why I like decentralized crypto, and distributed blockchains), but we don't, yet, live in an environment which warrants such concerns.

>>2733434
who cares, acquire BTC and disregard fiat

I'm not trying to FUD or scare anybody but stabilization with lower heights edges towards a bear market.

I have seen this pattern a shitton of times. It will keeo bouncing like a ball on the line until it kind of stops and then turn into a giant freefall.

Mark my words, convert to tether or something and wait this one out.

It's already rising

one number means second number will happen

derrrrrrr

>>2733727
This.
I don't care what BTC is worth today as there will be a new ATH next year.

>>2733727
This

The cashing out meme is fucking disgusting and has gone too far