Bitcoin Price Tracking & Discussion -- 2025

**raiders72001** · 01-11-23, 12:59 AM

Originally posted by bigtymer56

Seems like its pretty common knowledge now (at least for ppl in crypto) that bull markets happen after the halving, so more people are going to buy ahead of it in anticipation. That would be my guess.

It's true that the major run occurs after the halving but you can't go wrong buying a year in advance. The 2016 halving happened July 9, 2016. The price was $660. A year prior, July 9, 2015 it was $420.

2020 a tad different since there were more ups and downs but jumping in any time a year before the halving to halving can add to profits.

I wasn't around prior to the 2012 halving but jumped in early 2013.

**raiders72001** · 01-11-23, 01:09 AM

Originally posted by Legions36

I'm feeling the same way as you. Sure of what I know but this bear market is the hardest to figure out so far out of all of them. I used to be confident around the bottoms but this one I have no clue this time, my instincts usually kick in but not this time yet. GL I hope your doing good.

Gl to you too. I'm not really doing much right now. Just looking around trying to figure out the next tokens with 100x possibilities.

**homie1975** · 01-11-23, 01:37 AM

Right now on the heels of the FTX disaster, the term "bull market" and crypto or bitcoin just do not go together.

Not right now and very likely not for at least 6 to 9 more mos, perhaps longer.

**ChuckyTheGoat** · 01-11-23, 07:36 PM

Originally posted by raiders72001

It's really surprises me that everyone doesn't take halving into consideration. Most institutions invested at an awful time and these guys are brilliant. MicroStrategy is down about 30% with their total BTC purchases. When you throw $1b in long term it really doesn't matter.

Raider, I went back and watched the halving info. The trend appears to be that the price BOTTOMS one year b4 the halving. If true, the price would trough around 3/24/2023.

Raider, I'm convinced we're seeing history. I call this a 1st-semester economics problem. As the money printing continues, BTC price has to go up as an inflation-hedge.

The recent tick up of +8% has me very optimistic. I really think we're witnessing history.

**homie1975** · 01-11-23, 10:29 PM

Chucker,
History?
Please explain.

**ChuckyTheGoat** · 01-11-23, 10:34 PM

Originally posted by homie1975

Chucker,
History?
Please explain.

Maybe my comment is being overly dramatic. Just ties to my posts above.

*Think the Fiat money-printing by USA and other nations is unstoppable. Debt ratio out of control. Credit cycle is unwinding.

Maybe I've watched too many finance videos. But I don't think so.

By history, I mean BTC as an antidote to Fiat. If the inflation continues, I can only see the BTC price rising.

BTC to become a way to maintain your purchasing power? Because the USD ain't it.

**homie1975** · 01-12-23, 12:01 AM

Originally posted by ChuckyTheGoat

Maybe my comment is being overly dramatic. Just ties to my posts above.

*Think the Fiat money-printing by USA and other nations is unstoppable. Debt ratio out of control. Credit cycle is unwinding.

Maybe I've watched too many finance videos. But I don't think so.

By history, I mean BTC as an antidote to Fiat. If the inflation continues, I can only see the BTC price rising.

BTC to become a way to maintain your purchasing power? Because the USD ain't it.

macro factors in crypto outside BTC are the biggest headwinds the sector has seen since inception.

i'm talking FTX.

it scared the shitt out of too many people.

i am holding tens of thousands of bucks of BTC with a cost base $22K so i need the fugger to run but I am concerned the recent shitstorm will keep it tamed for a couple more years.

i hope to Gawd you are right and i am wrong.

**bigtymer56** · 01-12-23, 12:17 AM

Originally posted by homie1975

macro factors in crypto outside BTC are the biggest headwinds the sector has seen since inception.

i'm talking FTX.

it scared the shitt out of too many people.

i am holding tens of thousands of bucks of BTC with a cost base $22K so i need the fugger to run but I am concerned the recent shitstorm will keep it tamed for a couple more years.

i hope to Gawd you are right and i am wrong.

The only thing im worried about because of FTX is regulation speeding up.

On the brightside Homie, people seem to have short memories when it comes to crypto. Give it a few months to year and an increase in prices, the FTX collapse will feel like it happened years ago. People don't seem to mention Celsius and few other lending platforms that went down earlier in the year.

**raiders72001** · 01-12-23, 01:03 AM

Originally posted by ChuckyTheGoat

Raider, I went back and watched the halving info. The trend appears to be that the price BOTTOMS one year b4 the halving. If true, the price would trough around 3/24/2023.

Raider, I'm convinced we're seeing history. I call this a 1st-semester economics problem. As the money printing continues, BTC price has to go up as an inflation-hedge.

The recent tick up of +8% has me very optimistic. I really think we're witnessing history.

I hope you're right.

**homie1975** · 01-12-23, 02:52 AM

Originally posted by bigtymer56

The only thing im worried about because of FTX is regulation speeding up.

On the brightside Homie, people seem to have short memories when it comes to crypto. Give it a few months to year and an increase in prices, the FTX collapse will feel like it happened years ago. People don't seem to mention Celsius and few other lending platforms that went down earlier in the year.

as long as we don't have to see that POS SBF's face ever again, we can recover.

the difference between FTX and the others who collapsed, is that it was perhaps the biggest whale (fake money we found out) in the industry.

also, i think some regulation will help make digital currency mainstream.

**icon** · 01-12-23, 04:43 PM

Originally posted by bigtymer56

On the brightside Homie, people seem to have short memories when it comes to crypto.

Ask someone who bought btc at its ATH and see if their memory is short. It isn't, the only short is their bankroll.

bitcoin was/is a fun experiment but it will NEVER become mainstream, it may live forever but only as a niche payment system.

**Rambuck** · 01-12-23, 07:33 PM

Originally posted by icon

Ask someone who bought btc at its ATH and see if their memory is short. It isn't, the only short is their bankroll.

bitcoin was/is a fun experiment but it will NEVER become mainstream, it may live forever but only as a niche payment system.

You're right, BTC won't be a payment system, but it will be a long term store of value. Its value will only increase over time because there are enough people that believe the story and there are billions of people who have never heard of it yet.

Payment systems (there will be many) will be forged out of another project. Pick a car and get on the train

**homie1975** · 01-12-23, 08:22 PM

Originally posted by icon

Ask someone who bought btc at its ATH and see if their memory is short. It isn't, the only short is their bankroll.

bitcoin was/is a fun experiment but it will NEVER become mainstream, it may live forever but only as a niche payment system.

I made my first BTC buy last Jan at ~45K.

i kept averaging down all the way until my average dropped to 22K.

I am done now. I am still down on paper ~15% but i am done now.

so i understand what you are saying.

i have no appetite to add to my position even if it drops to 15K right now.

if it drops to 10K or so, i take a hard look at adding to the position to reduce my cost basis.

the appetite has to be very low for most folk right now.

**shadymcgrady** · 01-12-23, 09:21 PM

There are more whole coiners now than before, people are the wising up to the cycles

**EddieMusher** · 01-14-23, 01:48 AM

BTC up almost 25% in the past week

**ChuckyTheGoat** · 01-14-23, 02:35 AM

Originally posted by EddieMusher

BTC up almost 25% in the past week

Wheels are in motion, Ed.

**raiders72001** · 01-14-23, 07:40 AM

Originally posted by ChuckyTheGoat

Raider, I went back and watched the halving info. The trend appears to be that the price BOTTOMS one year b4 the halving. If true, the price would trough around 3/24/2023.

Raider, I'm convinced we're seeing history. I call this a 1st-semester economics problem. As the money printing continues, BTC price has to go up as an inflation-hedge.

The recent tick up of +8% has me very optimistic. I really think we're witnessing history.

Nice call.

**themike78** · 01-14-23, 09:33 AM

Bitcoin will drop huge this weekend. It will be worth about 2 dollars by Tuesday at 10 a.m.

**milwaukee mike** · 01-14-23, 09:52 AM

nice rally here

at 25k btc would really wake people up and get some FOMO back

**ChuckyTheGoat** · 01-14-23, 10:00 AM

Originally posted by milwaukee mike

nice rally here

at 25k btc would really wake people up and get some FOMO back

Hope so, Mike. Of course, I'm bullish.

Happy 2023. Go, Bucks.

**jjgold** · 01-14-23, 10:28 AM

Most people out of the game they got flushed out

**milwaukee mike** · 01-14-23, 10:55 AM

Originally posted by ChuckyTheGoat

Hope so, Mike. Of course, I'm bullish.

Happy 2023. Go, Bucks.

where you living these days chucky?

i'm down in the redneck riviera/new orleans for a while, then hawaii

**ChuckyTheGoat** · 01-14-23, 11:23 AM

Originally posted by milwaukee mike

where you living these days chucky?

i'm down in the redneck riviera/new orleans for a while, then hawaii

Oh, wow. That sounds awesome.

Was just out in Vegas for first time in 3 years. Just for relaxation. I forgot how loud it gets there.

Would love to do Vegas/Hawaii in March. Everyone has their preference. I think Kauai is phenomenal.

**milwaukee mike** · 01-14-23, 11:30 AM

some of the golf on kauai is unreal

**ChuckyTheGoat** · 01-15-23, 11:09 AM

Wow. I'm very jealous. Enjoy your trip.

BTC price challenging 21,000 right now.

**homie1975** · 01-15-23, 06:06 PM

a buddy of mine is a big crypto bull but he says be careful about this latest run.

he says if you look back at big runs early in the year, it is likely because of taxes due 03/15 and 04/15 and some whales sell so they can take the profits and pay the tax man.

this is his theory. he is a believer in bitcoin though.

let's watch this trend he is talking about.

**homie1975** · 01-15-23, 06:07 PM

Originally posted by ChuckyTheGoat

Wow. I'm very jealous. Enjoy your trip.

BTC price challenging 21,000 right now.

yup it touched 21,011 and then the computers kicked in and sold it back down to 21,900 LOL

**ChuckyTheGoat** · 01-15-23, 08:15 PM

Originally posted by homie1975

yup it touched 21,011 and then the computers kicked in and sold it back down to 21,900 LOL

21,000 creased. To your point, yes, you have to wonder about certain marks triggering computer algorithms.

Think it's a good time for most posters to buy some BTC. At least get off zero.

I really think the FTX fallout is a trigger for the BTC price to go north. People should be waking up to this concept of self-custody.

Count up the exchanges that have crumbled. Celsius, BlockFi, FTX.

**freelee** · 01-15-23, 11:09 PM

Originally posted by JIBBBY

Crypto can't be trusted anymore after this FTX scam crap!

Many investors will be pulling out of Crypto when this thieving fat kid is extradited from the Bahamas and goes to trail and when this story REALLY gets plastered all over the world news daily.

ftx has absolutely nothing to do with Bitcoin

**homie1975** · 01-15-23, 11:50 PM

Originally posted by ChuckyTheGoat

21,000 creased. To your point, yes, you have to wonder about certain marks triggering computer algorithms.

Think it's a good time for most posters to buy some BTC. At least get off zero.

I really think the FTX fallout is a trigger for the BTC price to go north. People should be waking up to this concept of self-custody.

Count up the exchanges that have crumbled. Celsius, BlockFi, FTX.

i meant 20,900

**Rambuck** · 01-16-23, 12:48 PM

Crypto is one of the most asymmetrical bets you can make right now. DYOR but get in the game and pay attention

**ChuckyTheGoat** · 01-20-23, 06:15 PM

Originally posted by Rambuck

Crypto is one of the most asymmetrical bets you can make right now. DYOR but get in the game and pay attention

Get some, Ram.

Raiders, chime in, pal.

**raiders72001** · 01-22-23, 12:21 AM

Originally posted by ChuckyTheGoat

Get some, Ram.

Raiders, chime in, pal.

Locked and loaded.

**ChuckyTheGoat** · 01-22-23, 12:41 AM

Originally posted by raiders72001

Locked and loaded.

Salud, Raiders.

I've been enjoying the uptick. Small pullback in L24 hours.

These politicians are unbelievable. Then again, what else should we expect?

https://www.cnn.com/2023/01/20/politics/yellen-amanpour-debt-limit-cnntv/index.html

**Optional** · 01-22-23, 02:40 AM

I hope it levels out a bit as this is the top of my planned buying range and I would still like to gather a bit more.