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ThreadAnswer me this: Who is actually buying bitcoin at $87k?

218 messages · –
C
Answer me this: Who is actually buying bitcoin at $87k? I believe the answer is those who didnt buy the dip at 62k So if you are buying 87k becuase you didnt buy 62k you are..... FOMO What is FOMO? Wrong frequently Do you agree? does anybody know anybody or is anybody in here actually buying bitcoin at these prices?
1 · 2K ·
  1. S
    Yes I agree but we have to find the exact top. It is not if but when
  2. N
    I can feel it a huge crash soon
  3. P
    INSTITUTIONS FORCED BY TRUMP PROMISES… and retail that will suffer if do not sell TILL NOV
  4. N
    I hope you are right and it is going to go down again 🙏🏼
  5. P
    GIF
    i-just-dont-get-it-stan-marsh.mp4 · 392 KB · click to show
  6. B
    institutions fomo'd 100k last year so why not now at 87?
  7. M
    I bought 50% at 86,300..about to bail . Your analysis matters, Jordan. A LOT to some of us.
  8. C
    it will go down its more a question of when its why it makes little sense to see spot buy pressure at this point, nobody with a finance degree would buy this
  9. M
    The ones buying at 87k are the ones that are trying to pay my rent
    1. P
      Tell that to the BTC ETF report
    2. P
      Yes intuitions can buy at this prices cuz they in between do shorts… CUZ no matter what they dont loose… they do arbitrage
  10. W
    Counterquestion: and this is really to understand, not to argue against you. Assuming we drop again to whatever mark. Then we rise again to 87k or 90k. Who will buy then? Still the same people, don’t they? In that case: how do we end up in a bull market?
    1. Z
      Most people dont blow their load at one order
      1. B
        Why you dont think that the bull market started and do you think Jordan we will see 50 k again?
      2. P
        When a crisis is probably to arrive … yes they buy… before covid i knew a crisis will arrive bc central banks were increasing their golds bags
  11. B
    Buying spot not interested right now but longing das for sure each dip iam longing untik i will see real pressure of selling
  12. C
    it would explain why liquidity has been stripped out of the market too
    1. C
      Do you have any peak price targets? Like 90k. Do you have any bottom support targets like 70k? Do you think we never see 69k again?
    2. B
      To be honest i smell like last October i candle down more than 20k 😂
  13. V
    We're already at greed in Crypto fear and greed index
  14. B
    Jordan, I working on wyckoff distribution on the daily.
  15. T
    I bought at 62k and 59k but expected a dip and sold at 72… watching it go down… then only 10% in on the god candles… made some money on the way up buying in on that day… sold… and sidelined. Now looking for a reasonable entry, I don’t wanna FOMO into this price, but keep asking myself… WHERE IS THE DIP ?
  16. J
    I feel there’s as much talk about uptober now as in may people talked about bottom in october.
  17. K
    Given institutional and sovereign buy-in/acceptance, if one has a HODL perspective of 5,10 years, or holding for kids, etc, buying when possible even if "may" get lower opportunity of 20k or so won't be a rounding error in a decade. I'm still making buys, less now than July, sure. I don't consider BTC "crypto" at all, has a solid use case. All about timeframe.
  18. G
    I’m buying more all the time , till it’s 1 million$ then I sell it. There are only 21 million BTC , not everyone will have 1 BTC
  19. B
    RSI is breaking we going higher if this closes Charter Advantage. What’s your thesis on RSI
  20. E
    No rational investor or retail buyer looks at the horrific macro environment and decides mark-buying the absolute vertical top of a 7 week leverage pump is smart capital allocation on ETH or Bitcoin.
  21. E
    I also question the logic here.
  22. G
    Hahaha 😂 you don’t like Trump , you are now lefty’s, that’s what’s happen when you in Thailand and have to many ladyboys
    1. T
      TMG CHAT
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      1. V
        And this is a Paedophile call trump dangerous
        1. T
          TMG CHAT
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    2. P
      Trump is an smart guy… for me dont hate him and some ideology of him i like… he is a business man… his trying to have more money and power and i cant complain of that… about ladyboys well maybe you r reflecting your taste xD
  23. @
    Most people buying 87k are buying late but I think they are anticipating a 100k by early next year
  24. C
    i can complain about the money thing though thats not cool he needs to do a $500m personal giveaway with the money he made on trump coin
  25. P
    Jordan the sentiment has drastically switched among people who missed buying the bottom after we made a higher high. I think retail will keep driving the price up for awhile
    1. C
      i agree with this also but at some stage that guy is the old me, longing everything bidding non stop eventually blowing up and capitulating the market
  26. Z
    ...AND not even the worst thing
    1. C
      well there is also sending your jewish son in law who is bent AF to isreal to negotiate a peace deal with iran yet jared is holding $500m of war stocks
      1. T
        TMG CHAT
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  27. Z
    ...that one is up there. And still not the clear winner
      1. T
        TMG CHAT
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  28. Show more replies (47)
    1. Z
      ...but seriously, I cant imagine a world where markets dont let out a sigh of relief if dems sweep house and senate and reign him in
        1. Z
          Like isnt it bullish that he is imploding?
          1. C
            no, dems dont like crypto becuase trump made it his thing so now its political poison
            1. T
              TMG CHAT
              And when they win, they will rise him of the $1 billion he’s made in crypto so far
        2. T
          TMG CHAT
          Tbf, he’s 80, dementia
              1. V
                Exactly and go behind children
                1. T
                  TMG CHAT
                  Adult diapers 😅
                    1. T
                      TMG CHAT
                      The meetings have been brutal, he’s been sleeping a lot
                            1. V
                              Very soon you will see a huge drop in BTC. Bear in mind Iranian currency up, BTC down
              2. M
                Very true. Im looking after my two parents who are 80 and its happening.
    2. C
      saying you will end the war between ukraine and russia then failing to end the war and instead selling munitions to both sides?
      1. T
        TMG CHAT
        Regular business for the American government
    3. Z
      He'll be completely toothless by eoy
    4. Z
      No ability to declare overnight tariffs or start wars on the weekend
    5. Z
      Crypto is just a derivative for trump. Theyre gonna buy spot trump. They wont care about crypto
    6. E
      Also bulls look at the ETF flows and assume bullish at a local top, but what percentage of the inflows are the basis-trade from institutions I wonder.
    7. C
      imagine, the man in charge of the 2nd most important country on earth shits his pants most days
      1. T
        TMG CHAT
        China is number 1 now?
          1. T
            TMG CHAT
            😂😂 Andy just got in, you can’t say that yet
          2. V
            We as human being are very humble. But all of them are together: Trump, Netanyaho, Putin, china. And Khamenei Iranian supreme leader. They are controlling all the world. There a a few people more behind the scene
            1. T
              TMG CHAT
              I’ll put South Korea above US, they have SK Hynix and Samsung the two largest chip manufacturers in the world
                1. T
                  TMG CHAT
                  You mean China V2?
    8. C
      andy is doing good stuff for the people its needed, he is the best weve had in years
      1. T
        TMG CHAT
        I mean, he wants to go back to the EU so you can get your Good passport again
          1. T
            TMG CHAT
            I can get on a boat
            1. C
              nigel is stopping the boats in the first 100 days with a giant army or something according to his manifesto
              1. T
                TMG CHAT
                They won’t search your boat
                1. V
                  Cause all his assets are digital
                  1. T
                    TMG CHAT
                    Let me on your yacht 🙏
                    1. C
                      we used to put people like you on the lower deck and tie you down, normally 30-40% would die on the voyage, we could do that?
                      1. T
                        TMG CHAT
                        😂😂nooooo
                1. C
                  100% his policies are what peopel want to hear, he will win, he has 70m to win with, i just hope he makes some nice crypto laws so i can move back home
                  1. T
                    TMG CHAT
                    He has no choice but to make crypto friendly laws
                  2. R
                    his popularity has dropped a lot in past 6 months but agree £70m can buy a lot of marketing, get him on another reality TV show and bang he is back on top
          2. V
            I am Persian and living in the UK. I swear if the Iranian regim is changed the only people on the earth who love to go back to their own country are Persian. You witnessed this: The only people who rallied all of over the world were Persian. Even in London and Manchester with Nigel Farage
    9. C
      and david ruined his legacy by fucking up brexit so even though he was good he fucked the country by leaving his post
    10. Z
      Totally might be wrong on this but I think dems are so obsessed with trump that everything else will fade away and it will be 2 years of calling him a pedo fascist suicide bomber that is trying to replace humans with data centers and crypto will get little attention. Itll be there in the fog. But actually, no one cares. I think sweep is bullish but we will see
      1. T
        TMG CHAT
        Thank you for clarifying 😂😂
      2. E
        "he s not a scammer" as far as you know 😂😂😂 jk😎
        1. C
          its his friends that do it im sure, he hangs around with other well to do nigerians, but how do they have money?
          1. T
            TMG CHAT
            Selling cars most likely
    11. Z
      Photo
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      So drop in oi is liquidations?
        1. T
          TMG CHAT
          Israel and Israelis are weird
          1. V
            I guess it’s the president who is weird
          2. C
            i can only say from my perspective they are rude, but then today i was having lunch at a cafe and i was sat next to an english guy VC who was ripping into one of his employees so i think rude is not genetic, i think its just isrealis have higher proportion of bellends outside isreal inside isreal im lead to believe its very nice and friendly
    12. Z
      ...id say it was anxiety but the Persians i know in ny are some of the chillest people here lol
    13. C
      thing about USA is they act as number 1, they have highest amount of money but so many countries have control over them by just making a statement so they are not so powerful they have proven that in iran
      1. P
        Lefties on usa have make america weaker… but
        1. M
          Printing trillions of dollars is what made America weaker....Righties, Lefties...blah blah blah. Truth is you couldn't slide a credit card between you two...
          1. V
            They printed more money than their gold reserves, the rule that they put for all countries
          2. P
            Yes cuz trump is printing too and he doesn’t make the fiscal cuts america needs
      2. T
        TMG CHAT
        They have the highest amount of debt as well
      3. T
        They do have some kind of self importance delusion indeed, the internet seems full of podcasts saying “here” referring to America, while most of us couldn’t care less about that country… still… we watch THEIR politics to determine BTC direction (China, Russia… balance the scale ! Buy more BTC !)
          1. T
            TMG CHAT
            No one trusts trump, unless he actually follows through and Nukes Iran
          2. T
            TMG CHAT
            Also, the Yen carry trade, they are spending so much money defending it and people just forgot it exists
          3. D
            Have you heard of Epic cash? My understanding is its BTC but you cant see the transaction and has privacy .
    14. Z
      For real trying to skill up on reading oi. Looks like we liquidated alot of shorts and oi is *not* picking back up. Like nobody is stepping back in to hold price. On 5 min and 15 min. Is that a fair read (for now)
        1. T
          TMG CHAT
          Stairs up elevator down
        2. Z
          Woah. This is different from the crypto oi indicator I was using.
    15. D
      No dig , but you did say your not buying 60k BTC as you will wait for 40k ? i know people buying from 60k , and still buying dips now .
      1. D
        i really want it to go down as well , 40k BTC would be amazing to Spot buy
    16. L
      There seems to be quite a strong negative bias towards BTC in this group, particularly around its fundamental value. For me, the investment case is its potential as a hedge against fiat currency debasement, its capped supply, self-custody, and the ability to transfer value globally without relying on traditional banks. It’s also far easier to move across borders than physical gold. Mining helps secure the network, although the cost of mining doesn’t guarantee its value or put a floor under the price. Its long-term performance has been exceptional, despite significant crashes. AI and agent payments could support future adoption, but whether that benefits BTC specifically is still speculative. None of that means it’s a good trade at any price. But shouldn’t we put our biases aside—bullish or bearish—and assess the setup? For a trade, the question is whether the evidence supports a move in your direction over your timeframe, with a sensible balance of risk and reward. You don’t have to believe in BTC’s long-term future to trade it.
        1. L
          Fair observation about institutional adoption, not sure that can be stopped, wouldn't that happen to XMR if it became the new BTC? Thanks for the reply 👍
        2. B
          MSCI might delist Micro Strategy in few weeks based on not following MSCI rules. As you stated Bitcoin is highly volatile and this is why the exchange want to remove Michael Saylor it could be the black swan event.
    17. C
      The NFP report was leaked last night. That’s why you saw the big jump in the middle of the night last night. The Move was already made. That’s why bitcoin sat there this morning and did nothing. This market is not resilient. It’s manipulated and controlled by Wall Street now and the entire Move from 62K has been fueled by short squeezes …way too many idiots keep shorting the market and using leverage that the market makers can see on their screen… as long as people keep using big leverage and shorting the market it’s just gonna fuel the rise of bitcoin further
      1. T
        TMG CHAT
        How does news data leak?
    18. Z
      I read something about Argentina's currency crisis and how in the 90s one guy urged for everyone to stop stealing for 2 years so the country could become solvent. Seems like we need a plan like that
    19. Z
      The plan was revived in the 2001 currency crash
    20. R
      The actual question is : who are the Tom,Dick and Harrys who are SELLING at 82-87k to the Market Makers ?
    21. Z
      Geezus. Yields completely reversed. Both short and long end up. What a mess.
    22. M
      It depends if they are dollar cost averaging.... And can purchase at a specific time of the month
    23. B
      Jordan, just do your thing. Don't read the comments. It's disrupting.
    24. Z
      🫡 Jordan thanks for the fishing lesson. Yall touch grass this weekend. Maybe next week we find the pullback
    25. B
      Treasury yields rising again lol US still 40 trillion in debt and will never pay it off
      1. G
        Or it will just hyperdeflate ... A petty BTC will crash anyways, bacsuse electricyty bills will crash the network - same AI .... If people cant buy food at hyperstagnation(less worth money with stagnating celery) ...
    26. B
      Bitcoin could be easily go to 52k because Micro Strategy’s leveraged position could crash everything very fast. Even if he unloaded 10k bitcoin the panic would be epic
    27. R
      the trades you mentioned are not in this channel
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