Time To Buy The Dip | 1000x
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I see all the bearishness. I see all the calling for freaking 30 k. And the only thing that I can think of is that everybody was so giga bullish at 70, and nobody could conceptualize the idea that this thing would draw down, I mean, really not that much, 20%. And now that it's down 20% off the highs that we're entering into levels that, you know, we've been eyeing for a very long time. Everybody decides to get fucking bearish. I think the world has to get ready for over the next 3 months. There's gonna be a little bit of a shift in the market. There are gonna be a lot of hated assets that prob
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We're live. Welcome back to another to another 1000 x boys. We are so close to my target. I felt like I was I felt like I was going crazy, Jonah. So I've been telling everyone since 70 k that we're gonna reach 55, and now we're at 57. And everybody the funniest part is everybody's claiming that, oh, you've been bearish since forever. You are you always looking no. I flipped bearish at 70 k. Now we're now we're at 57, and now I'm telling you it's time to be bullish. So let it let it let, you know, let it be known that I'm not always a bear. I just happened to be a bear for, like, the last 2 mon
I want things to You you absolutely nailed it. Like, you got you got bearish on the dead ball highs. From the sounds of things, it sounds like you actually acted on it. Like, you you sold a fair amount of crypto, which Yeah. You know, I I didn't
have I I tried to get everyone else to sell crypto too. It's like, guys, listen. Like, you very, very rarely in my entire life have I seen Bitcoin go sideways for so long in a bull market and then have that be not distribution. I mean, it's, like, almost every time. Right? I mean, the way that Well,
I mean, what was what gave me pause was, like, I I was concerned because last summer, we chopped around 40 k for, like, 3 months. And if you'd lightened up there hoping for a a dip down to, you know, 20 k, you wouldn't have gotten it. You would have missed this whole 2 x ing. So I was afraid of missing a parabolic rally. You
mean 30 k, not 40 k? 30
k. Apologies. Yeah. Sorry. I misspoke.
I mean, yeah, we chopped around we chopped around 30 for a while, but that was that was very different because that was that wasn't after a parabolic rally. It wasn't after we broke all time highs. It was after a giga long bear market. This is different. I mean, the way that I think about it, it's always just in risk reward terms and value momentum terms. So at 70 k, most people's targets were a 100, which isn't that far away. It's actually pretty close to 50% move. So what are you looking for? You're looking for a 50% move higher, and where do you stop out? 50 k basically, I don't think Bitco
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