Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 196. (Read 26462494 times)

Explanation
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Explanation
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Look who the cat drug in.

 


If I had lost most of my BTC (or maybe more than 2/3 of it), then I probably would begin DCA accumulating around $100 per week.  Of course, the devil is in the details in regards to how much BTC is remaining and other personal factors.  I know folks who lost very large portions of their BTC, yet if they still hold through some of the price appreciation periods, their seemingly large loss does not end up dragging them down too much, so long as they mostly continue to hold the remaining.

Many of us likely realize that a relatively low amount of BTC might still go a pretty long way, but yeah, I understand the other side of the argument too... and for anyone who might want to go back into BTC accumulation, that may well be difficult if there is no longer much if any disposable income, including once one get's into their elderly years, so it might no longer make any sense to invest, and you have what you have and you are largely living off what you have and/or in a kind of liquidation phase rather than either an accumulation phase or even a maintenance phase.. so sometimes it might become impractical to go back into BTC accumulation, even if large portions of your stash had gotten prematurely depleted.


Surely, it is possible that a bit of punishment mode is going on, especially for those who did not believe sub $60k prices were cheap enough to stack up some cornz, and too busy believing the MTGOX baloney.

How's that MTGOX going for you guys waiting for $40ks?  Not as you expected, right?  You should have had been buying rather than either selling or waiting for lower prices - when fairly often through out the history of dee cornz we have already found out that waiting is not a very great strategy, especially for the many (perhaps overwhelming number of) folks who are not sufficiently/adequately stacked up and prepared for up... Many of them tend to be too busy waiting for DOWNity that does not end up happening.


Both.

It does not seem very smart trading this range, but hey? what do I know?

I already have a system that buys on the way down and sells on the way up, but I am largely ONLY dealing with relatively small portions of my BTC stash in any doubling (or halving) of BTC's prices, which means that more than 95% of my stash is staying in place for any 100% change in price;... It sounds like I am trading a lot.. but it does not add up to very much.  So as an example, I have about 3.5% of my BTC set in sell orders up to $150k... and so what is that?  2.25x...


Single cause explanations are not healthy, and likely not accurate, but hey you seem to love various single-cause explanations.


You have already demonstrated that you don't know too much.  #justsaying

 

Explanation
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Clean the chopper please.
Put some gasoline in it.
Might be flying soon.

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Think of it more in terms of an incentivized donation.

Logically…. Have to sit in a special made bulletproof environment

Explanation
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now I'm said you didn't read my post

@MacroCRG
BTC now trading above all significant MA's, w/ all lows taken out & 4 sets of highs above

Bears are fucked

https://x.com/macrocrg/status/1814593871705248072


God Candle Loading …..

Someone who can't tell you anything about BTC...

Did get some at the lows of $55K but I still feel I could have gotten more
Since there was quite some extra funds with me
Taking some bits of profit never hurts though
Plan on selling to re enter or just want to get something nice.

$844,600 for a seat next to Trump at Bitcoin 2024 conference
The price for a seat at the roundtable with Donald Trump at the Bitcoin 2024 cryptocurrency conference in Nashville on July 27 is $844,600 📎

https://www.google.com/amp/s/www.theblock.co/amp/post/306168/trump-requests-844600-for-bitcoin-conference-attendees-to-join-roundtable-report

A photo shoot with the presidential candidate costs $60,000 or $100,000 for couples

Almost 13 BTC to seat close to a presidential candidate
I can't really fathom how the wealthy think
Maybe later in the future I might  

Framing out buddy and thanking him for the 67k move.

here is hoping we get buddy to drag us up and over 70k this weekend.

Explanation
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break it up.


buddy has responded to this with 67K plus

Explanation
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@CarlBMenger
BTC Bollinger Bands are the tightest since 2016, hinting an explosive move.

Historically, similar compressions led to moon shots 🚀. Get ready for some upside volatility lads.

https://x.com/carlbmenger/status/1814571703109877778

Explanation
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