Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1127. (Read 26705306 times)

If there is a woman out there who expects a $52k gift for Valentines' Day, avoid her like the J&J covid jab.  

Weird, most Potheads I know don't drink at all.

That may be true, but in my entire life I've never met a pothead who didn't also drink. At the same time.

no this is an old thread

it would show top 100 days of prices in.  USD EURO POUND YUAN

so it is buried at least 1 year and a half back since we left the really high 60K plus numbers a while back in fall of 2021

You may be correct that there are always chances that some kind of substantial and meaningful correction could take place, and in this particular price rise we are likely measuring since about mid-October 2023 when the Blackrock's ETF application was clearly announced.. and so the upwards BTC price action has been pretty much ongoing and relentless ever since.

Personally, I believe that is it not really necessary to know if it is fake or not, because I doubt that we are having a blow off top right now or having a couple more years of down or sideways, but hey guys can believe what they like, and for you, probably you should make sure that you are ongoingly stacking rather than waiting for dips that might not happen, and sure you are likely at a disadvantage if you are coming to bitcoin at any time around your forum registration, and surely there could be scenarios that you are just forced to continue to buy as the BTC price is going up.. and maybe the BTC price will come back down to these levels, and maybe it won't.

Another problem that newbies have is cashflow.. so the cash only comes in so rapidly, and maybe they are in a worse situation if they are in college or some kind of status in which they are not earning much if any income that goes beyond their living expenses (also known as discretionary/disposable income that they would be able to use for investing in something like bitcoin).

These 9 principle individual factors that influence your decision whether to invest into bitcoin and how to invest into bitcoin have financial, skills and psychological components that include:
1)   your cashflow,
2)   how much bitcoin you have already accumulated,
3)   your other investments (including an emergency fund and/or other purposes that cash reserves might be held),
4)   your view of bitcoin as compared with other investments,
5)   your timeline,
6)   your risk tolerance,
7)   your time, skills, goals (investment/lifestyle targets, which includes figuring out the extent that you are in BTC accumulation, maintenance or liquidation stage),
8 )   your abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time,
9)   your considering your time, your abilities and whether to trade, reallocate from time to time, to use of leverage and/or to use financial instruments... (and for sure the use of financial instruments, leverage and margin trading involve higher level skills and are not even necessary to still become richie in bitcoin's already existing asymmetric bet.)

These are ongoing areas in which anyone should be working upon without necessarily concluding that they need to perfect all of them or even to perfect any one category prior to being ready to start investing into bitcoin.. whether that is investing with their time, their energies and/or their finances.

Why tonight?

If we use UTC and the time of your post as our reference, then presumptively you are talking about the thing happening within the next 4-16 hours, give our take 4 hours.

But why?

Are we experiencing ongoing "supply shock?"

or is something else going on?

I am not saying that I disagree with your feeling, whether it is a gut feeling or a SOMA^{tm - d_eddie} feeling, but we surely are within the top of the "don't wake me up" zone, so I am not going to presume getting through the top of it, even though there still is some room for movement within the top of the zone, yet at the same time, there is no reason that we might not continue to bounce around in these here parts.. except surely the ONGOING  net vacuuming up of BTC by the various BTC spot ETFs on a daily basis surely cannot be healthy for anyone expecting down and or sideways BTC price performance in the coming weeks and/or months,

and at the same time, I am coming to a similar kind of assessment that it is almost like the BTC price has to double or triple from here in a fairly short period of time to merely help with the ability of spot BTC ETFs to be able to continue to absorb actual BTC rather than fake ones.. but even conceding all of that still would not necessarily meant that more UPpity is imminent, including breaking out of the "don't wake me up zone" and getting into "no man's land" while passing through "hot butter" territories.

Pray tell, what I might be missing in terms of your current vision?..including that as of about a month ago, we had a two-year high of $49,048, but then a correction down to $38,505... but then perhaps a somewhat overly rapid shooting up from near the bottom and mid of the "don't wake me up" zone and getting into the top of the "don't wake me up" zone.. but still we don't get any kind of automatic continuance UPpity.. because if we actually get into "no man's land" while passing through "hot butter" territories then surely we could end up losing momentum if we end up getting there too quickly, no?  or do you consider that BTC buy pressures (support) will be able to keep up so that we would clearly be able to get through "no man's land" - aka "bat country" and therefore if successfully making it through such, then we may well end up ranging in the $82k to $100k arena (which price range still has not been named - because it is likely too early to be too presumptuous about even getting to that $82k to $100k price area in a relatively short period of time, if that might be in the short-term cards...)?

I do not do weed anymore. but it is not a terrible drug. far safer than drinking.

I think you meant 100 Push-Ups A Day Until Bitcoin Is $100K Challenge.

$477 million in flow just for today.What a strong day
Netflow have been going 9 digits for a week now  
Stock holders are really seeing the potential of BTC now.

If the one day candle holds there's a likelihood we see $53K today

where is the thread that shows top 100 days for btc can't find it.

https://news.bitcoin.com/blackrocks-bitcoin-etf-holdings-near-110k-btc/

Thanks! I always checked this guy's tweets, but now since NITTER stopped working I can't. (I'm still too stubborn to make a twitter account)