Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 180. (Read 26711244 times)
November 25, 2024, 07:01:17 PM
November 25, 2024, 06:47:47 PM
soma I guess (hope) we will reverse in the upper 80k's
November 25, 2024, 06:16:17 PM
Don’t worry, up only season is near…..
@BTC_Archive
Bitcoin correction happened at the end of November in 2020, at the psychological level of the previous all-time high. Then... 🚀
Now we're correcting at the $100K level, also a psychologically significant price level.
no big deal... 😎
https://x.com/btc_archive/status/1861185567980941564
@BTC_Archive
Bitcoin correction happened at the end of November in 2020, at the psychological level of the previous all-time high. Then... 🚀
Now we're correcting at the $100K level, also a psychologically significant price level.
no big deal... 😎
https://x.com/btc_archive/status/1861185567980941564
November 25, 2024, 06:09:55 PM
btw 34k page count
November 25, 2024, 06:08:23 PM
This one time? Bitcoin went from 6 cents... all the way to 26 cents...
AND THEN IT CRASHED....
All the way to 21 cents.
So the moral of the story is...
DON'T buy bitcoin... because you know it's gonna crash again.
AND THEN IT CRASHED....
All the way to 21 cents.
So the moral of the story is...
DON'T buy bitcoin... because you know it's gonna crash again.
I watched this video a "couple" of times.
This guy sounds like proudhon...same deadpan delivery
November 25, 2024, 06:01:13 PM
November 25, 2024, 05:57:17 PM
This one time? Bitcoin went from 6 cents... all the way to 26 cents...
AND THEN IT CRASHED....
All the way to 21 cents.
So the moral of the story is...
DON'T buy bitcoin... because you know it's gonna crash again.
AND THEN IT CRASHED....
All the way to 21 cents.
So the moral of the story is...
DON'T buy bitcoin... because you know it's gonna crash again.
I wonder how he is doing nowadays...
November 25, 2024, 05:55:49 PM
(Also... we are doing a great job of bringing that RSI down.)
I mean and then it CRASHED.
I mean and then it CRASHED.
November 25, 2024, 05:53:43 PM
This one time? Bitcoin went from 6 cents... all the way to 26 cents...
AND THEN IT CRASHED....
All the way to 21 cents.
So the moral of the story is...
DON'T buy bitcoin... because you know it's gonna crash again.
AND THEN IT CRASHED....
All the way to 21 cents.
So the moral of the story is...
DON'T buy bitcoin... because you know it's gonna crash again.
November 25, 2024, 05:30:58 PM
Here's the thing, when you have deep enough pockets you can move walls.
Those walls are not there because of sell pressure they are there because they are trying to keep the price down while they accumulate and when you have deep enough pockets and don't let the price drop for those trying to accumulate and they realize they are losing more coins then they are making with that tactic then they allow the walls to move up and try again.
IOW Saylor is doing his part and if everyone just bought the dips then no-one would be supporting the price.
He is literally proving to the deep pockets of the world you can buy the top and still profit over time.
Those walls are not there because of sell pressure they are there because they are trying to keep the price down while they accumulate and when you have deep enough pockets and don't let the price drop for those trying to accumulate and they realize they are losing more coins then they are making with that tactic then they allow the walls to move up and try again.
IOW Saylor is doing his part and if everyone just bought the dips then no-one would be supporting the price.
He is literally proving to the deep pockets of the world you can buy the top and still profit over time.
For now he looks good.
The question is if we drop to 49k and are under his dca price of 56k what happens to him then.
Of course maybe we go to 200k and he offloads a bit to take away some heat.
Since we all know there are 21mill coins what happens in next year will be very interesting.
Have to say he is making a statement by adding and adding and adding.
It's a self fulfilling prophecy, the more he convinces its inevitable the less chance of it going down and when it does and comes out the other side in profits he says see I told you, get in now before the next wave.
Its no different than what this thread has been doing for years, its only on a larger scale and proving it can be done on the worst side of the accumulation.
He is proving that it doesn't matter when you get in as long as your in.
If this thread would be so aggressive, peeps would have been wiped out.
If you average buy so your cost basis is 56% of the peak and then, say, it theoretically drops 50%...you would be essentially in the negative asset value territory.
In 2001 I had margin and then the asset i bet on declined 75% in days during the internet bust...I barely escaped the negative balance, but that trading account was basically wiped out...a lesson for myself: I don't "play" with margin anymore. that said, I am not sure how much he bought for debt and how much for shares.
November 25, 2024, 05:23:48 PM
Bitcoin need to teach altcoins a lesson.
This is just not good enough for crossing 100k: BTC: 57.4%
Bitcoin down, shock of all shockers, altcoins more down, bitcoin up again.
Every bull run started with btc having ultra dominance, and ended when dominance dropped.
Since this year I dont think we are gona every see again "3 of 4 year" pause between bull runs, bitcoin entered entirely new league.
This is just not good enough for crossing 100k: BTC: 57.4%
Bitcoin down, shock of all shockers, altcoins more down, bitcoin up again.
Every bull run started with btc having ultra dominance, and ended when dominance dropped.
Since this year I dont think we are gona every see again "3 of 4 year" pause between bull runs, bitcoin entered entirely new league.
November 25, 2024, 05:21:41 PM
Here's the thing, when you have deep enough pockets you can move walls.
Those walls are not there because of sell pressure they are there because they are trying to keep the price down while they accumulate and when you have deep enough pockets and don't let the price drop for those trying to accumulate and they realize they are losing more coins then they are making with that tactic then they allow the walls to move up and try again.
IOW Saylor is doing his part and if everyone just bought the dips then no-one would be supporting the price.
He is literally proving to the deep pockets of the world you can buy the top and still profit over time.
Those walls are not there because of sell pressure they are there because they are trying to keep the price down while they accumulate and when you have deep enough pockets and don't let the price drop for those trying to accumulate and they realize they are losing more coins then they are making with that tactic then they allow the walls to move up and try again.
IOW Saylor is doing his part and if everyone just bought the dips then no-one would be supporting the price.
He is literally proving to the deep pockets of the world you can buy the top and still profit over time.
For now he looks good.
The question is if we drop to 49k and are under his dca price of 56k what happens to him then.
At 49K MSTR would probably be at $100/share or so, even though the NAV would be a negative number
I guess his business model suggests that he should buy as long as his stock has huge premium over btc.
Alas, Mr. Market could say: "enough for now".
November 25, 2024, 05:16:01 PM
It is slightly concerning how much money Saylor just dumped on the Bitcoin market and couldn’t get it over $100K. I don’t think this is where the story ends though. His buys are just keeping us higher than we should be earlier than we should be. I think the destination is the same, even if we start experiencing some turbulence.
November 25, 2024, 05:01:13 PM
November 25, 2024, 04:50:39 PM
BTC_Power_Law / PlanG
@giovann35084111
My strong suggestion to avoid the emotional roller-coaster is to focus on realistic scenarios for this bull run.
You might forget this post in a few days when the price surges again, but I’m still trying to offer some perspective:
1) $200K by Q4 2025 is a realistic target.
2) A 60-70% correction after the peak, lasting about a year, is both realistic and historically consistent.
3) Anything beyond this—in particular a higher peak —is just icing on the cake.
Be grateful for what Bitcoin has already accomplished, and work harder to position yourself for the future.
Optimism is great, but staying grounded in realistic expectations will help you navigate this market more effectively.
https://x.com/giovann35084111/status/1861164682733855198
@giovann35084111
My strong suggestion to avoid the emotional roller-coaster is to focus on realistic scenarios for this bull run.
You might forget this post in a few days when the price surges again, but I’m still trying to offer some perspective:
1) $200K by Q4 2025 is a realistic target.
2) A 60-70% correction after the peak, lasting about a year, is both realistic and historically consistent.
3) Anything beyond this—in particular a higher peak —is just icing on the cake.
Be grateful for what Bitcoin has already accomplished, and work harder to position yourself for the future.
Optimism is great, but staying grounded in realistic expectations will help you navigate this market more effectively.
https://x.com/giovann35084111/status/1861164682733855198
November 25, 2024, 04:49:38 PM
dumpy dee dump
November 25, 2024, 04:40:28 PM
Saylor was the first in history to buy 250 million worth of Bitcoin.
It wasn't for the lols. He knew exactly what he was buying.
And that's why he doesn't care if he pays 97k or 60k... It's plastic beads for gold nuggets !
He will be remembered as the one who started the institutional FOMO.
It wasn't for the lols. He knew exactly what he was buying.
And that's why he doesn't care if he pays 97k or 60k... It's plastic beads for gold nuggets !
He will be remembered as the one who started the institutional FOMO.
November 25, 2024, 04:19:41 PM
This post made my day.
Too busy, just reading. I try to keep up with the WO at least twice a day.
$100k will probably not be broken easily, and it's not even a point for one of my chatty collegues at work, who is a shitcoiner. I pretend to only know few about Bitcoin and Crypto, i will definitely ask him next week if he's still holding a crypto portfolio and how it's going
The mandatory "and how much is a Bitcoin nowadays?" won't be missed out, i really wanna see that face. [...]
$100k will probably not be broken easily, and it's not even a point for one of my chatty collegues at work, who is a shitcoiner. I pretend to only know few about Bitcoin and Crypto, i will definitely ask him next week if he's still holding a crypto portfolio and how it's going
The mandatory "and how much is a Bitcoin nowadays?" won't be missed out, i really wanna see that face. [...]
You're welcome. This week i work from home, but tomorrow i will need to pick up stuff in my office. I hope i can catch him unoccupied.
November 25, 2024, 04:17:32 PM
[...]
He is proving that it doesn't matter when you get in as long as your in.
He is proving that it doesn't matter when you get in as long as your in.
Exactly.
Mocking Saylor for "buying high" is totally anti-Bitcoin.
Funny thing is, in the next cycle they'll be saying he was so lucky to have bought so low.
November 25, 2024, 04:07:54 PM
for me the question is, 10% correction or 20%..
My guess is around 10%
My guess is around 10%
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