Where are the bitcoin lovers now?

[BackInTheGame78]

Watch out for a sneak strong move to the upside initiating on Late Saturday night/Easter Sunday to catch people napping while they are celebrating the holiday.

"W"/Inverted Head and Shoulders forming on the daily chart, standard error bands opening up wide to the upside as price presses against it...downward 4 month trend line on the daily broken, now acting as support along with the 20 SMA...MFI forming "W" on the daily near the midline...would not be surprised to see the next leg up initiate by stealth while nobody is watching...many times this is how they operate.

Like a prophet...send it.

 

[BackInTheGame78]

Next stop...ATH

 

[BackInTheGame78]

Just sold at 97.4K in the middle of the daily supply zone...expecting it to drop back to around 90-92K and will buy back...

May buy back early if it looks like it won't get that far back

 

[BackInTheGame78]

Pullback in progress...patiently waiting to add again

 

[Divorced w 3]

I bought 100 of the IBIT 73 8/29/25 calls for 2.15. Shares 67.45, 30 delta. Avg vol I think was 37.50

I see the etf running to 85 (probably going to have to adjust the position at some point but who knows) I see BTC going to 150k

anyone with me?

 

[Sega Genesis]

I bought 100 of the IBIT 73 8/29/25 calls for 2.15. Shares 67.45, 30 delta. Avg vol I think was 37.50

anyone with me?

LOL, I might be but would you mind translating this to a language us common folk can understand?

Honestly I'd really like to understand this stuff but yikes this sounds awfully complicated!

 

[Divorced w 3]

LOL, I might be but would you mind translating this to a language us common folk can understand?

Honestly I'd really like to understand this stuff but yikes this sounds awfully complicated!

I can take you through pricing and trading of standard American options - let me know when you have 30 min for a zoom

 

[Sega Genesis]

I can take you through pricing and trading of standard American options - let me know when you have 30 min for a zoom

Ok!

 

[Bible_Belt]

Article is unfortunately behind a paywall the second time I tried to open it. It mentions that with the new Congressional regulations on crypto, large firms will soon allow borrowing against bitcoin holdings. There may be collateralized certificates issued. The 2008 financial crisis was fueled by collateralized mortgages that defaulted, so the concept has fallen out of favor for a while.

Client Challenge

www.ft.com

 

[Solomon]

Is anyone else amazed how suddenly Crypto is everywhere, especially in the mainstream media, and I'm not talking about FUD like previous cycles
It seems every day CNBC does 15-minute segments on crypto now taking it seriously as do other networks. However, most normies can't be bothered. I remember a plate telling me her friends think crypto is just a "Fad"that will never take off yet you nearly have 20 states looking at Bitcoin as an asset reserve for example(which gives me personally more confirmation that they know the ecnioomy is cooked, $37 trillion in debt is not sustainable and eventually something DRASTIC OR CHAOTIC will happen)

Trump is pushing crypto legislation like it's nothing for example, Trump made an executive order last week allowing you to purchase Crypto through your 401K. Which will be in effect at the beginning of January 2026. Also allowing banks to transact with crypto and not punish people for buying it etc. This is huge news yet no one seems to care; heck even in this thread no one has mentioned it. I get it, the prices are still far lower than they should be, we should be at a 250K BTC but I digress.....

Are people just fatigued? or don't care? it seems like every week there is a major announcement but the sentiment seems to be bearish due to prices not reflecting it. I do think there will be a point where crypto can't be ignored but it just blows my mind how things are changing so rapidly compared to a year ago.

 

[Clockwerk50]

Is anyone else amazed how suddenly Crypto is everywhere, especially in the mainstream media, and I'm not talking about FUD like previous cycles
It seems every day CNBC does 15-minute segments on crypto now taking it seriously as do other networks. However, most normies can't be bothered. I remember a plate telling me her friends think crypto is just a "Fad"that will never take off yet you nearly have 20 states looking at Bitcoin as an asset reserve for example(which gives me personally more confirmation that they know the ecnioomy is cooked, $37 trillion in debt is not sustainable and eventually something DRASTIC OR CHAOTIC will happen)

Trump is pushing crypto legislation like it's nothing for example, Trump made an executive order last week allowing you to purchase Crypto through your 401K. Which will be in effect at the beginning of January 2026. Also allowing banks to transact with crypto and not punish people for buying it etc. This is huge news yet no one seems to care; heck even in this thread no one has mentioned it. I get it, the prices are still far lower than they should be, we should be at a 250K BTC but I digress.....

Are people just fatigued? or don't care? it seems like every week there is a major announcement but the sentiment seems to be bearish due to prices not reflecting it. I do think there will be a point where crypto can't be ignored but it just blows my mind how things are changing so rapidly compared to a year ago.

I think people just aren't very confident in the current economic situation, which aligns with the precedent that everything is too expensive and spending power is down.

 

[Divorced w 3]

Is anyone else amazed how suddenly Crypto is everywhere, especially in the mainstream media, and I'm not talking about FUD like previous cycles
It seems every day CNBC does 15-minute segments on crypto now taking it seriously as do other networks. However, most normies can't be bothered. I remember a plate telling me her friends think crypto is just a "Fad"that will never take off yet you nearly have 20 states looking at Bitcoin as an asset reserve for example(which gives me personally more confirmation that they know the ecnioomy is cooked, $37 trillion in debt is not sustainable and eventually something DRASTIC OR CHAOTIC will happen)

Trump is pushing crypto legislation like it's nothing for example, Trump made an executive order last week allowing you to purchase Crypto through your 401K. Which will be in effect at the beginning of January 2026. Also allowing banks to transact with crypto and not punish people for buying it etc. This is huge news yet no one seems to care; heck even in this thread no one has mentioned it. I get it, the prices are still far lower than they should be, we should be at a 250K BTC but I digress.....

Are people just fatigued? or don't care? it seems like every week there is a major announcement but the sentiment seems to be bearish due to prices not reflecting it. I do think there will be a point where crypto can't be ignored but it just blows my mind how things are changing so rapidly compared to a year ago.

It’s making me concerned about the short term case for being long. Could run another 10-20k but feels a little stretched

 

[Divorced w 3]

I bought 100 of the IBIT 73 8/29/25 calls for 2.15. Shares 67.45, 30 delta. Avg vol I think was 37.50

I see the etf running to 85 (probably going to have to adjust the position at some point but who knows) I see BTC going to 150k

anyone with me?

I sold the 74 strikes against these, later in the day and basically got a free bull call spread (3c debit) which I closed the following day at 27c. That’s 9x on debit. Idk if anyone following or cares but, it’s the wealth forum so just throwing it out there. The coin was starting to go south so no reason to hold.

 

[Fortune_favors_the_bold]

I remember a few months ago there were several posters who were talking up bitcoin like there was no tomorrow.

Now that Bitcoin has dropped to 6K and is nearing the point of no return where it costs more to mine the coins than the coins are actually worth(somewhere around 5K), they seem oddly quiet...

When something seems too good to be true it usually is. The technology itself has a lot of promise but it appears bitcoin might be extinct in the near future...

It's 125k buddy

 

[NiHaoMike]

I used to do crypto mining back when it was profitable, but I went with altcoins rather than Bitcoin as many of those are a lot more efficient to mine. The good old days of buying $10 smartphones and having them pay for themselves in less than a month mining Perk...

 

[Fortune_favors_the_bold]

It's 125k buddy

Local top signal I guess....screenshots and mocking disbelievers never fail, lesson learned

 

[Solomon]

I'm on the sideline currently I think we are going to see a pump until fed meeting then a dump
Buy the rumor and sell the news

 

[Fortune_favors_the_bold]

Attending this market nowadays is like dating a post wall woman with BPD.

2017 and 2021 were teenage and mid 20s dating with young sane girls that created no drama but only gave love.

 

[coldapproach]

Off grid brother. XDDDXDDDX

 

[Bible_Belt]

Below 70,000 now and approaching new lows. How low will it go? At what price level would the average person give up? And a larger question would be if this is happening in a vacuum, or is bitcoin forecasting as a leading indicator for the US economy?