Looks like she’s trying to break out again. Wonder if we’ll break $24,000 this weekend, if we do I doubt there’s much stopping us from going straight through $25,000.
Page parity soon?
If we break $24k and stay above, that would be really nice.
Another possibility, as it feels to me rn, is a "$23k is the new $10k" scenario OR "$23k is the new Vegeta", which would likely make $25k the "new $10k".
This also lets me naively project a $150k-ish top, which would nicely fit in the history of post 2014 ATHs.
#hodl
EDIT: I didn't even bring in my S-curve idea, because i'd need more data, let's assume up to 2030 on the x(or t)-axis
So the $150k-ish top is for what we might consider as this cycle? so perhaps in 2024, 2025-ish? or what are you thinking?
In regards to your edit part, that might be more of a top of the exponential s-curve thing, or what? There's a bit of lacking of structure in the way you are framing the two categories of price and time... and sure of course, we are frequently going to have a bit of an error range too that could be considered in terms of either time or price or both....
My tentative thoughts right now is that we are experiencing a kind of dynamic in which the BTC price keeps staggering up, and the bear tradertwats, such as TrustedBitcoiner and others, continue to expect that there is going to be a correction.. so they keep betting and they keep getting burned.. and yeah sooner or later they will be correct, but then the question might be if they had already gotten reckt by then or run out of cash to continue to make those bets, and then perhaps when there is a bit of a discontinuance in making those downity bets, then at that point we might get a decently large downity, that might even be in the 25% or greater range.. and sure we could have a smaller correction of 10% to 15% but that might not be enough of a correction for them to recover from having had started to make this bets in the $16k and $17k price range and their having had hoped for prices to drop below the current $15,479 low or even into much lower ranges that may or may not end up happening.. even though they might continue to make the downity bets.
I am not sure if that is where we are at, but it does feel good when we are able to see those kinds of plays that might end up in something close to a doubling of the price and perhaps even a tripling of the price.. though of course, I am not going to bet on these kinds of UPpity punishment things happening, even though we've seen it several times in bitcoin's history, and surely we know that the BTC price dynamics are capable of this kind of ongoing UPpity punishment, but we cannot necessarily count on such gleeful experiences.. even though they are a pleasure when some variation of them happen.... so in some sense also, we had already had a decent amount of punishment on the way down, and then getting punishment on the way up too should provide some signs and information about NOT employing leverage or making BIG bets, but people, institutions and perhaps even governments still are going to continue to engage in that kind of thinking that they know it all conduct.
Looks like she’s trying to break out again. Wonder if we’ll break $24,000 this weekend, if we do I doubt there’s much stopping us from going straight through $25,000.
Page parity soon?
I don't get it! My gut told me $25k by Friday and here were are Friday and not even close. Now I'm going to have to punish my gut with a large, double-cheese and pepperoni pizza tonight.
You go!!!!!
