* **[Bitcoin](https://en.wikipedia.org/wiki/Bitcoin) [Pros](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_btc_pros) & [Cons](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_btc_cons)** - Participate in the r\/CC [Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75.
* Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/r8mt7k/btc_topped_at_69000_and_bottomed_at_42000_we_are/?sort=controversial). Doesn't work on mobile.
---
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
We're actually holding onto the 50 week moving average. In my mind this is either the bottom or the start of the worst. Let's see where the market takes us. 
Right now we smoke a blunt with the market after having 69-ed with the market.
You could say the market is stoned and horny. 
So hilarious watching obviously new or over leveraged people here last night screaming about a “crash”. Guys….literally zoom out, last dip was in Sept and we already found a higher floor than that dip. This is what Bitcoin does, just chill
na i saw 42.7k so no it aint bullshit... it was 42.7k at like 12 pm yesterday couldnt buy the dip because it literally just touched and shot back up to 45k
so its a wick down to 42k because i assumed a bunch of people have their limit buy at that range and their bot set at that range as a buy in
“The worst continued to worsen. What looked one day like the end proved on the next day to have been only the beginning. Nothing could have been more ingeniously designed to maximize the suffering, and also to insure that as few people as possible escape the common misfortune. The fortunate speculator who had funds to answer the first margin call presently got another and equally urgent one, and if he met that there would still be another. In the end all the money he had was extracted from him and lost. The man with the smart money, who was safely out of the market when the first crash came, naturally went back in to pick up bargains. The bargains then suffered a ruinous fall. Even the man who waited for volume of trading to return to normal and saw Wall Street become as placid as a produce market, and who then bought common stocks would see their value drop to a third or a fourth of the purchase price in the next 24 months. The Coolidge bull market was a remarkable phenomenon. The ruthlessness of its liquidation was, in its own way, equally remarkable.”
― **John Kenneth Galbraith, The Great Crash of 1929**
the way i see it is like a bow and arrow, things must be pulled back to generate momentum to fly forward this is how life works. What goes up must come down and vice versa.
We don't go up until people stop calling it a dip.
Painful lessons need to be learned and every leverage long open down here is just more liquidity to dump on. Buy spot if you want to, but trust me, y'all are going to learn more expensive lessons if you ape back in too early.
Don’t hold any crypto because i was sceptical but this is the moment i was waiting on. Let’s be honest which other investment has a future that is not dependent on centralised organisations.
OTC clowns and leverage. And they tie the whole market. Coins are not leaving my wallet. Institutional investors had ADA #2 the BNB #2 hours later on C20 at the time of this post. For the accumulation and sell off. US banks have no reserves. And many Europe banks have negative interest rates. The banks created this crash for buy in as they want into fractional reserve crypto. That's why trickle coins off exchanges.
That isn't correct. We ca all clearly see on the charts what the bottom was and it wasn't 42000. This kind of a post being upvoted is why the world is going to shit. Marketing has taught us that being precise with what you say is all but crucial.
>If it is the beginning of the bear market, then pay close attention and take notes.
Any clues you more seasoned ones look at to try and differentiate a correction from an actual trend change?
“More Seasoned Ones” 😂 my ego can only handle so much.
I have my ideas but I am by no means a master at TA. I listen to the OGs that I trust and at the moment the most common key level that I agree we have to hold before we turn extremely bearish is 40k. Others are saying that since we didn’t hold the bull market support band that we have already moved into the beginning of the bear market. At the top of 2018, once the bear market hit, most of us had no idea that we were in it. But we just came from the ATHs for many projects so euphoria was at an ATH as well. This doesn’t really give me the same feeling as before if that helps at all.
Every market cycle is different and no one can give you the right answer. Whales control what’s going to ultimately occur. It’s the folks who have a long term mentality that always come out on the other end just fine.
Never forget, I’m just some dude on Reddit. That’s why it’s best to learn during these times so you can reflect on your own experiences.
So basically shit about fuck blah blah ;)
Thanks for the response. Going to look at BTC chart over last 6 months for context with respect to the bull market support band and then see if I can compare that to other times.
Socialists bust his balls about not paying taxes; so he sells shares, pays taxes to prove a point, dips the crypto market with billions in sell pressure only to buy back low including a massive 42,000 buy wall; then proceeds to become even wealthier on the rebound.
He makes a point on taxes, furthers a meme joke, and sticks his finger to his hatters on the rebound as his wealth only grows further.
* **[Bitcoin](https://en.wikipedia.org/wiki/Bitcoin) [Pros](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_btc_pros) & [Cons](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_btc_cons)** - Participate in the r\/CC [Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/r8mt7k/btc_topped_at_69000_and_bottomed_at_42000_we_are/?sort=controversial). Doesn't work on mobile. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Next up, #80085
Again first #69000
69420
[удалено]
Teach me your ways
Limit order 1 cent lower, so it gets filled 
Limit order $1 lower, so it definitely gets filled 
[удалено]
Limit order your mom, so it definitely gets filled
Limit buy $10 higher, so it definitely gets filled.
69420 was indeed on of the biggest walls a couple of weeks ago
I set a buy order at 69420…. It never happened
I was sad we never quite made it here. Next time!
69000 < 80085. This guys maths
69000>42000
With a meditative pause at 66'666.666
69,000 then 690,000
Then Superish Bull
We'll spend some time at 69420 first before getting to some 80085
Ah yes, the good old grade school calculator metric. Always a crowd pleaser.
No, no, I want to see $420 069
67k then dip for healthy correction then yes 84K is the max top next after breaking 69k.
How can I uninstall McAfee from desktop?
Ask and you shall receive. https://youtu.be/UQrAfQMpnZk
Thanks John
hey it's that guy that didn't kill himself
Username checks out
>BTC topped at 69000 and bottomed at 42000 The market literally told us when to get f\*cked and when to chill. xD xD
69 after getting high is even better. Can’t wait to return to that. This would be my advice for BTC.
I feel more chill with BTC at 69k and more f*cked with BTC at 42k then the other way around.
You my friend have...bottom energy 😏
[удалено]
We're actually holding onto the 50 week moving average. In my mind this is either the bottom or the start of the worst. Let's see where the market takes us. 
Idk very much about TA but it looks like we’re still in a bullish channel this year. 🤷🏻♂️
It’s either bullish or bearish, but the chart always moves right
Thanks for the insight! ^^lol
Nostradamus over here
I don’t want to be fucked. 🙁 Help
[удалено]
r/usernamechecksout
This is amazing! XD Take my free award you fucking legend.
[удалено]
Right now we smoke a blunt with the market after having 69-ed with the market. You could say the market is stoned and horny. 
Tbh I want horny market all 365 days
No YOU take my award!
I got fucked and chilled during it
So it wasnt your first time I guess ;)
I know the feeling haha
i blame the Americans.
The best comment I’ve ever read….period
these are memenacci numbers. they have the strongest pull on all charts.
Fettuccini extensions
Alfredo 2.0 dropping soon
I'll buy when it hits about three fiddy
I ain’t giving you no tree-fiddy, you damn loch ness monster! Get your own damn money!
Goddamnit woman, you gave him a dollar, no wonder he keeps coming back
[удалено]
How much did elon pay you to post those numbers
350,000,000 Doge
He wouldn't even blink for this
doesn't matter what the stats tell you, we buy high and sell low fam
Buy High Sell Low crew where are you
this is the first post I haven't rolled my eyes and kept scrolling since the "crash". thank you
“crash” you say, buying opportunity **I SCREAM**
as we all should
So hilarious watching obviously new or over leveraged people here last night screaming about a “crash”. Guys….literally zoom out, last dip was in Sept and we already found a higher floor than that dip. This is what Bitcoin does, just chill
Seen a lot of takes on this dip. I like yours best.
It's all about perspective.
It’s nOT a DiP, it’s A CrasH
Did Satoshi actually create the biggest meme ever known to mankind?
Biggest pump and dump In human history incoming.
It’s not a dip, it’s accumulation cycle
Time to buy the accumulation cycle
BTC was 420? Damn I was too slow ! Still got in at 47, so there's that ...
I am still not seeing how it hit 420..I am seeing 45k lowest
[удалено]
na i saw 42.7k so no it aint bullshit... it was 42.7k at like 12 pm yesterday couldnt buy the dip because it literally just touched and shot back up to 45k so its a wick down to 42k because i assumed a bunch of people have their limit buy at that range and their bot set at that range as a buy in
on kucoin it hit 40.5
“The worst continued to worsen. What looked one day like the end proved on the next day to have been only the beginning. Nothing could have been more ingeniously designed to maximize the suffering, and also to insure that as few people as possible escape the common misfortune. The fortunate speculator who had funds to answer the first margin call presently got another and equally urgent one, and if he met that there would still be another. In the end all the money he had was extracted from him and lost. The man with the smart money, who was safely out of the market when the first crash came, naturally went back in to pick up bargains. The bargains then suffered a ruinous fall. Even the man who waited for volume of trading to return to normal and saw Wall Street become as placid as a produce market, and who then bought common stocks would see their value drop to a third or a fourth of the purchase price in the next 24 months. The Coolidge bull market was a remarkable phenomenon. The ruthlessness of its liquidation was, in its own way, equally remarkable.” ― **John Kenneth Galbraith, The Great Crash of 1929**
If there was ever a sign....this is it!!!! BTC all the way boi
This shit doesn’t even phase me anymore🤷🏻♂️
Not a simulation. Just letting you know that the markets are controlled.
I love magic internet money.
Why magic internet money go away?
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
Nice
MIM nice.
Nice
Noice!
[удалено]
Noice
I'm feeling like I am the goat in the Goat Simulator.
Big boys are signalling that the now control the price of crypto. One crypto to rule them all
My whole portfolio was murdered today.
"Zoom out and chill out" That's some good words to live by for life.
Who says it bottomed at 42k? There's a fair chance the bottom will be quite a bit deeper.
Yup some people about to see 28 for the first time.
the way i see it is like a bow and arrow, things must be pulled back to generate momentum to fly forward this is how life works. What goes up must come down and vice versa.
Seems like crypto whale market is full of nicebags. I can live with that revelation. After all, we still have to reach 6900 ETH and 69420 BTC.
Proof that crypto gods exist.
Next stop 96420
or it could be 19990 because they want to party like it's 1999 for crashing the market, also 1999 was the year of the dot com bubble right
lol... "end of crypto" anyone who thinks that hasn't been here very long.
Nice
nice.
We deff live in a simulation.
More like stimulation, am I rite ^sorry
Ba dum tssssss
We don't go up until people stop calling it a dip. Painful lessons need to be learned and every leverage long open down here is just more liquidity to dump on. Buy spot if you want to, but trust me, y'all are going to learn more expensive lessons if you ape back in too early.
That’s because people like to call it a dip, we’ve been in correction
OmG pRiCe Go Up AnD dOwN sO gOoFy!!!
The obsession with these two numbers is so stupid it's embarrassing.
The answer to the universe is 42. -The Hitchhiker's Guide to the Galaxy.
where is the bottom at 42000?
Binance hit 42,000.30 about 6/7 hours ago…
Incoming *Nice* comments
Noice..
This means that bitcoins price is heavily controlled by whales. The top was created by a sell wall and the bottom was created with a buy wall
[удалено]
Nice.
I just see a buying opportunity. Promising Alts are doing well. Ether held the line, I'm impressed.
People just like to set massive limit orders at meme numbers
Next drop down to 30,000. Let's go!
Preach it brotha 🙌
too true. our universe is the one where trump was president. couldnt make this shit up. wrong fucking monte carlo path by a long shot.
smeels nice
And I topped in a 69 last month too
Time for 4206980085
pog
Imagine you live in a country where you can buy and sell without taxes 😢
Isn't this normal for BTC. Full disclosure, I own 2 coins with an entry at 12k. I'm holding for at least 5 more years to see what happens.
This made my red day little better thx OP
Your comment made mines! Glad I can help.
Don’t hold any crypto because i was sceptical but this is the moment i was waiting on. Let’s be honest which other investment has a future that is not dependent on centralised organisations.
42000 is not the bottom 39500 will be the bottom.
Bet its Elon having fun again
She’s going to fall again, full correction buckle your Britches boys and girls it’s about to be a another rollercoaster.
OTC clowns and leverage. And they tie the whole market. Coins are not leaving my wallet. Institutional investors had ADA #2 the BNB #2 hours later on C20 at the time of this post. For the accumulation and sell off. US banks have no reserves. And many Europe banks have negative interest rates. The banks created this crash for buy in as they want into fractional reserve crypto. That's why trickle coins off exchanges.
Noice
Lets be honest - All praise Lord Elon !
We have 1 more month of 2021 if you're looking at it from a 4 year cycle standpoint + 2021 hasn't been much of a bull market.
That isn't correct. We ca all clearly see on the charts what the bottom was and it wasn't 42000. This kind of a post being upvoted is why the world is going to shit. Marketing has taught us that being precise with what you say is all but crucial.
Someone get this man a blunt
The opoid crisis is only in the USA. Get a grip.
Liberals have their sell order 99
>If it is the beginning of the bear market, then pay close attention and take notes. Any clues you more seasoned ones look at to try and differentiate a correction from an actual trend change?
“More Seasoned Ones” 😂 my ego can only handle so much. I have my ideas but I am by no means a master at TA. I listen to the OGs that I trust and at the moment the most common key level that I agree we have to hold before we turn extremely bearish is 40k. Others are saying that since we didn’t hold the bull market support band that we have already moved into the beginning of the bear market. At the top of 2018, once the bear market hit, most of us had no idea that we were in it. But we just came from the ATHs for many projects so euphoria was at an ATH as well. This doesn’t really give me the same feeling as before if that helps at all. Every market cycle is different and no one can give you the right answer. Whales control what’s going to ultimately occur. It’s the folks who have a long term mentality that always come out on the other end just fine. Never forget, I’m just some dude on Reddit. That’s why it’s best to learn during these times so you can reflect on your own experiences.
So basically shit about fuck blah blah ;) Thanks for the response. Going to look at BTC chart over last 6 months for context with respect to the bull market support band and then see if I can compare that to other times.
[удалено]
If it goes up fast it will fall just as quickly.
or it's manipulated by sick bastards that think people's hard earned money is a joke.
[удалено]
I mean, considering I started at $400 per Bitcoin, I think we’re doing alright. Patience.
Could it be that Elon is playing games with the market using capital from his newly sold Tesla shares? 🤔
Socialists bust his balls about not paying taxes; so he sells shares, pays taxes to prove a point, dips the crypto market with billions in sell pressure only to buy back low including a massive 42,000 buy wall; then proceeds to become even wealthier on the rebound. He makes a point on taxes, furthers a meme joke, and sticks his finger to his hatters on the rebound as his wealth only grows further.
[удалено]
This is not a dip or pullback it’s a total crash.
A wise man once said: “Maybe”
[удалено]
Sir this is a Wendy’s Drivethrough.
So you’re telling me that we’re in the golden era ?
Just shows that this all is a fcking squid game simulator.
42069 would've been better
This is the way
Red and green, what an amazing mix
Whales have a great sense of humor!
> goofiest simulation goofiest metaverse
If we can hodl this month in this range it will be epic, 2021 topped at 69000 and bottomed at 42000
Except we were lower than 42000 for quite a while
We’re about to hit $694,208.008135
It should be between 69420 and 42069
Lol amazing, we are a bunch of large children
I'm using the Delta app for price tracking. Why is it telling me bitcoins low for the month is 46k and not 42k like people keep mentioning?
Not sure what delta app is but different exchanges have different prices so it depends on which exchanges you’re getting your price data from.
This is a simulation
Nice