Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 126. (Read 26734194 times)

I couldn't resist taking this quote completely out of context

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maybe but more likely we are going to break down or up very soon.🔜

$91-95K...a new Vegeta? 

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For sure that is the game theory whether you are an individual or a BIGGER player.  Saylor is not going to let off, which he is sparking imitators, and some of the players still don't get it, even though Saylor is quite open about the whole "gobble up all the bitcoins" thing.


Good point.


If you of the belief that "this" is red,  then you really must be new here.


No need to get into the details, yet if they are measuring the time that it took to reach 300 million users, then seems like a reasonable comparison, even though how they are measuring a "user" might be questionable both in terms of accuracy and also in terms of whether the threshold of a user is sufficienet.. but for ballpark ideas, I don't have any real problem with those kinds of relatively "recent" comparisons.

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I am not trying to draw exact parallels, and I am merely trying to point out that there can be many tests of support before it finally ends up breaking, and the same could be true with resistance.

For sure, I currently consider that we are in a bull market, yet at the same time, I consider myself to tend to be a lagging indicator, so that I don't tend to admit that we are out of the bull market until the evidence is abundantly clear.. ..

Even during bull markets we could end up having irrational breaks to the downside, yet so many folks likely have already read me repeatedly saying that I doubt that the BTC price is going to end up going below $85k in any correction based on the illogical results of rewarding so many weak-handed and seemingly dumb money that sold at or around $100k... .. yet we know that in the short-term all kinds of weird ass things can end up happening, even surprises that end up breaking in either direction.

But, yeah, for now, from my own perspective, we remain in a bull market until there is convincing evidence to the contrary, we also remain in an immature asset class in which many folks fail/refuse to sufficiently and adequately account for its exponential s-curve angle.. and even some folks try to treat bitcoin as if it were a mature asset, so they end up trying to trade it or they end up being out when they should be in.. just like you were fucking around waiting for $12k or maybe even lower prices in 2022, when it was already pretty damned outrageous that we had fairly extended periods of BTC prices under $22k during that time. .. anyhow it should have been considered buying territory for that whole period of around mid-2022 to October 2023 when BTC prices spent a lot of time at or near the 200-WMA.. .. yet surely there were likely a lot of us folks who were already bullish on bitcoin who were buying all the way down from $69k to $25k-ish, so a decent number of us were already running out of money by the time the BTC prices got below $25k.


Saylor/MSTR buys every single week.. and pretty much they are buying continuously, persistently and incessantly.. so I have quite a few doubts to have reasons to attribute any DOWNity to him or even to presume Saylor/MSTR is getting played by BIGGER players. .since that seems to largely just the wishful thinking of uninformed or disingenuine bear twats, especially since early November, MSTR has been even more persistent based on some new money raising angles, even though so many bitcoin naysayers are erroneously proclaiming that Saylor/MSTR is the ONLY buyer propping up the BTC price... .. which is almost pure fantasy.. . hahahahahahaha .. What a bunch of retards, who are likely to find out sooner or later about their level of dumb..

...not that they will even admit that they were wrong, and they likely were wrong since 2018 or even earlier.. even though new dumbies or potentially disinformation fantasylandia occupants are continuing to come to bitcoin on a fairly regular basis.... but no problem.. those of us holding and accumulating BTC (and perhaps only selling little bits here and there) are going to be the ones laughing our way to the bank as our bags continue to be pumped in the coming year-ish...and no coiners / low coiners incessantly whine.. just like they were doing through much of  2017 while the BTC price was largely going up the whole year.  Might they be correct this time?  I doubt it.


Sure we cannot ignore opportunist politicians, but we still better be smart enough that bitcoin does not need either of those self-absorbed liars in order for ongoing, persistent UPpity buying pressure to continue to be part of what is happening with bitcoin.. and by the way, even if Trump does not have success in buying BTC on behalf of the USA Govt, he is likely still going to be trying to pump his own bags and the bags of his kids, and yeah, maybe at some point he will play the short card while he continues to try to act like he is our buddy and then does the opposite.. so yeah, cannot trust someone we already knows lies about every third word out of his mouth...and seems to live in his own lil fantasyland, too... .. so who knows how long he can even keep anything together if we might consider that there might be smart peeps (such as his kids, potentially) helping him out and/or helping him to try to stay focused.. perhaps beyond pumping/dumping and/or getting distracted into crypto nonsense.


It is so amazing how greatly the BTC price swung in the past day or two, and I did not have orders hit on each end.. it was so lose to filling in the upper $95ks and then so close to filling in the lower $89ks, but neither side hit.. so that is nearly a $7k gap.. which I am not really overly bothered, except that when they are already very close to filling, I kind of prefer that they fill rather than sometimes getting within less than $100 but still not filling..

Another option would be to put them closer together.. which I am not really wanting to do that.. or maybe to throw a couple of bonus orders on one end or the other.. and sometimes I will do that if I might have something going on in life that either motivates me to have more cash or motivates me to buy more BTC.. yet otherwise, it is just a matter of letting matters play out however they will... and not getting too preoccupied by whatever might or might not happen.. .. even though sometimes it can be a wee bit distracting to want to look at "will it fill?" "or not?."


A lot of potential distractions, no?

Good thing that "we" set ourselves up in financially and psychologically neutral ways, right?


Right?





rrrrrrrrrrrrriiiiiiiiiiigggggggggghhhhhhhhhhhhtttttttt?

I am not to sure about this chart. First i do not think the 3 things are that directly comparable. For example since you "use" bitcoin by buying/selling etc via the internet. But there was nothing assisting the internets growth in the same way when it started so is it not surprising bitcoin is growing faster? Second I wonder how the 300 million bitcoin users is calculated? I have a few bitcoins in total but  I have bought them in parcels of about 0.1 bitcoins over several years. Am i deemed 1 user of bitcoin or about 25 (based on number of buys?

Anyone else have views?

This is smart move.. the best practice to approach the market.
It is always to have a good target than to keep entering the market at the wrong time,
at least the profit is worthwhile and that could be the least we might see bitcoin go low.

Right now hodling is the best option and to keep topping when there seems to be much cheaper chances.

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that is why I have a downwards step ladder. all the way to 42k


When I lost the larger mine last Jan 2024.  It took me a whole year to do a new setup.

to the moon ladder 112K to 162k

middle mining hosted in Iowa works in the 90-110k range.

tanking ladder 92k to 42k

I Don't think Bitcoin is following these historical map again.
It was pronounced when we closed halving December on a negative for the first time.
This doesn't mean I ain't bullish, it is quite possible to see most of the months in Green.

Yeah what's there in life if you only surviving and not enjoying.

Personally I think if Bitcoin doesn't cross $100K Now till February at most ending is a bad sign.
Because we just need a week or two with Trump as President to understand where we heading and how.

Nice catch. Only picked at $90K an order I had forgotten I placed last year.
Hopefully Bitcoin isn't chasing liquidity and it's a recovery.
I'm getting tired of seeing Red.

I think much much faster than that. If we look at historical data (heatmap), both in 2017 and 2013 we only had 3 months in the red. Ending January in the red would most probably mean February and March would be green. So I'd say chances are pretty high we're to witness $100k in February or even in January if we're lucky!