Member Info for misterbeck

I personally think the $30k support will definitely get taken out - we are so close to it now.
Bitcoin won't stay below that level for very long but could drop another 20% from there to low 20s in my opinion where it will bounce strongly. EM will be able to take advantage of lower BTC prices and load up he won't care if it temporarily moves below the $30-$35k Tesla price he is one of the market makers.
A couple of fairly detailed recent forecasts albeit fairly inconclusive and 'on the fence' covering both scenarios - but overall bearish.
https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-crashes-to-31000-support
https://ambcrypto.com/bitcoin-cash-traders-should-wait-for-this-before-entering-a-position/

who says you can't!

Agree Blubay even the experts and anaylists seem very split and uncertain on their forecasts.
I was tipped 3 months ago by investor friends who had invested during the first bitcoin bull-run/retrace that btc would likely drop below $25k and that they wouldn't be touching crypto until it reaches sub $25k.
But of course they could be wrong too... I think they are right and at the moment I cannot see anything on the horizon that could deviate from that a path to low $20s. BWTFDIK or anyone else for that matter.

Well said Smccord251.

Kozzi, No I haven't changed my tack at all. But I think you might be a bit naive in thinking that you can attempt to prosecute everyone who makes a post that doesn't fit with your ramping agenda. Everyone is allowed an opinion here regardless of whether it is negative or positive, or even realistic misconstrued as negative.
Many newbie PIs were lured into making large arb share purchases when the SP was able £2.00 with posts such as "the SP will be £10.00+ by end of July". And one namely by Delacey when the SP was around 115p "I'm contemplating throwing everything I can in before this chance is missed." Well the SP has dropped even more since that post and what happens if BTC continues on its trajectory to sub $25k... he will have lured a lot of PIs into purchasing at much higher prices than they needed too. These are the guys you need to go after...

I wonder where bitcoin will end up the overnight trading session?

Kozzi, the majority of the 'losers' the PI investor losers on here have lost their money because they were taken in by the non-stop incessant ramping on here. Are you going to build up a dossier on the posts of the rampers too for causing people to part with their hard-earned? After all they are the guilty ones.

kozzi I know you are well intended but are you a bit simple lad?

Elon will probably allow BTC to fall past 30k support so that he can mop up cheaper bitcoin on a massive correction.

https://cointelegraph.com/news/doubleline-ceo-sees-bitcoin-buy-moment-at-23k-predicts-us-dollar-will-drop-pretty-substantially
Pretty much as I predicted for some time now. I think I might get there way before K3WMCs wife wins the lottery.
One is inevitable the other pure fantasy...

Timing is everything

looks like 2nd attempt to break is underway

I was being ironic obviously. Sending up the rampers and using their own words. duh

These guys costing the newbie investors here a lot of money.
Far more dangerous then anyone here urging PIs to use a bit of caution.

July 8 when the share price was 112.50p and 116.5p

Lewis99
Price: 112.50
No Opinion
RE: Great opportunity
8 Jul '21
Bitcoin will be $35-$36k by morning in my opinion. ARB trades between 112 and 130 and has been for weeks. This is the bottom of the trend line, as long as BTC dosnt tank we are good to go back to the upper level of 130-135

Lewis99
Posts: 36
Price: 116.50
No Opinion
Great opportunity
8 Jul '21
This is such a bargain at these levels, easy 130 by tomorrow. Load up folks!!

This kind of similar ramping has lost a lot of people a lot of money here.

Not a bad day at the office.

Roxanne123 that's more aligned to PIs who bought at the top.

Back over 100 today
cwebb07
Today 07:13

A lot of bitter holders on here Matt be warned.

If I was you I would wait until the BTC correction has completed + the new bull-cycle confirmed.
You won't time it exactly perfectly but you will be near enough to take advantage.
Some say the downtrend is already over, and some say there is still a way to go...
Or if the 80% share price retracement from ATH is completed, whichever comes first.

Thanks Blubay. Sorry I didn't notice that quote in the article.