Been a long fall since its high of over 120K

2 minutes ago, In Full Agreement said:

 

Been a long fall since its high of over 120K

It crashes every few years. 

Nothing unusual about that at all. 

2 hours ago, Caldera said:

Nothing unusual about that at all. 

 

 

 

I don't recall any similar event in the past with BTC so I'd call it unusual.

 

Can you site an example where it ever matched the percentage drop its had?

 

 

 

“The biggest concern is the meagre inflows into Bitcoin exchange traded funds and absence of dip buyers. We expect the structural headwinds to continue this month. We are watching $80,000 on Bitcoin as the next key support level.”  

 

https://finance.yahoo.com/news/bitcoin-plunges-below-88-000-005308026.html

1 hour ago, In Full Agreement said:

I don't recall any similar event in the past with BTC so I'd call it unusual.

 

Can you site an example where it ever matched the percentage drop its had?

 

I guess you're joking, right? BTC is only down about 30% from its ATH right now.

 

Have a look at 2018 if you want to see something "a little" more dramatic. 

1 hour ago, In Full Agreement said:

Can you site an example where it ever matched the percentage drop its had?

 

 

https://www.bankrate.com/investing/biggest-bitcoin-crashes-in-history/

The largest Bitcoin crashes in history

Bitcoin’s price history has long been “up and to the right,” with the largest cryptocurrency rising thousands of percent since it was created in 2009. In three calendar years, it’s had massive crashes:

• 2014: -61 percent
• 2018: -73 percent
• 2022: -64 percent

5 hours ago, Caldera said:

Nothing unusual about that at all. 

One could argue why the really big players, and then I have Michael Saylor in mind, didn't foresee this decline.

 

BTW, JP Morgan said last week that they were confident that 94.000$ would be the bottom. I took less than 7 days to crater to 84.000 from there.

 

https://finance.yahoo.com/news/strategy-unveils-dollar-soothe-bitcoin-134335226.html

The decline in Strategy’s share price is collapsing the premium that once made the stock a favorite of momentum traders. The shares are down around 65% from an all-time high reached in November 2024. Index providers are taking notice. Analysts at JPMorgan Chase & Co. recently warned that Strategy may be dropped from major indexes, a move that could trigger billions in outflows from passive funds.

The company also updated its full-year earnings guidance, having previously issued a forecast in October based on the assumption that Bitcoin would be worth $150,000 by the end of 2025. Now assuming a price range of between $85,000 and $110,000, Strategy said it expects to report operating income that could range from a loss of $7 billion to a profit of $9.5 billion. The range varies so widely because accounting guidelines require Strategy to value its Bitcoin holdings at market value at the end of the quarter.

 

I have such a feeling that if this decline continues, that (micro) strategy may go in liquidation in the not too distant future.

3 hours ago, In Full Agreement said:

 

 

 

I don't recall any similar event in the past with BTC so I'd call it unusual.

 

Can you site an example where it ever matched the percentage drop its had?

 

 

 

Look at the monthly chart. It is a scam anyway. Worth zero. 

33 minutes ago, CallumWK said:

One could argue why the really big players, and then I have Michael Saylor in mind, didn't foresee this decline.

 

BTW, JP Morgan said last week that they were confident that 94.000$ would be the bottom. I took less than 7 days to crater to 84.000 from there.

 

https://finance.yahoo.com/news/strategy-unveils-dollar-soothe-bitcoin-134335226.html

The decline in Strategy’s share price is collapsing the premium that once made the stock a favorite of momentum traders. The shares are down around 65% from an all-time high reached in November 2024. Index providers are taking notice. Analysts at JPMorgan Chase & Co. recently warned that Strategy may be dropped from major indexes, a move that could trigger billions in outflows from passive funds.

The company also updated its full-year earnings guidance, having previously issued a forecast in October based on the assumption that Bitcoin would be worth $150,000 by the end of 2025. Now assuming a price range of between $85,000 and $110,000, Strategy said it expects to report operating income that could range from a loss of $7 billion to a profit of $9.5 billion. The range varies so widely because accounting guidelines require Strategy to value its Bitcoin holdings at market value at the end of the quarter.

 

I have such a feeling that if this decline continues, that (micro) strategy may go in liquidation in the not too distant future.

6% down overnight. 60k target for me. 

8 hours ago, Harrisfan said:

6% down overnight. 60k target for me. 

 

Finally someone with a realistic outlook. 

On 12/2/2025 at 9:36 AM, Caldera said:

 

Finally someone with a realistic outlook. 

$93.583 at the moment. I say come back in a few months and see if it's near the 60k mark or near or over 120k😀

2 hours ago, Laughing Gravy said:

$93.583 at the moment. I say come back in a few months and see if it's near the 60k mark or near or over 120k😀

 

With a bit of luck, we'll see both. 

On 12/1/2025 at 8:35 PM, In Full Agreement said:

 

 

 

I don't recall any similar event in the past with BTC so I'd call it unusual.

 

Can you site an example where it ever matched the percentage drop its had?

 

 

 

You know nothing about it then. 
4 year cycle.

Haters Al way chip in when it crashes 30% after rising 1000% 😂 

 

On 12/4/2025 at 3:28 PM, Caldera said:

 

With a bit of luck, we'll see both. 

Everyone is entitled to an opinion. I have doubts we will see 60k again but who knows.

Never gamble your $$ into something backed by nothing.

 

Sh!tcoin is a 💯0% psyop.

 

Get out while you can.

Bitcoin has to appear to be legitimate so that manipulation can continue. It will go up, no worries.