Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2856. (Read 26717412 times)

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Love seeing us above 20k. The bull market of 2025 will be insane given the charts today!

Nonsense. "Everybody" didn't expect a decline.

Many experienced Bitcoiners figured it bottomed out when it briefly dipped below $18k in June.

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well I do have 6 s19's more than I did last week.

Would be nice if we really rally up.  But I suspect fud will start on monday and we drop under 20k.  It will be interesting to see if fed jumps us 0.50 or 0.75 in november.

They ended up leading the market upwards when nobody expected them to, and everybody ended up in the opposite position. Really, while everyone was expecting a decline, such a slight but, in my opinion, effective rise suddenly affected the market, albeit slightly. It is pleasant to watch such rises from time to time. It is hard to know if it will continue.

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Nope this is a trap. We will not hold 20k  very long.

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With over half a billion dollars in short liquidations over the last 48 hours it’s feeling like the bears are getting rekt. I think a lot of people threw in the towel at $20K and then went short to try and recover losses, leading them like pigs to the slaughter. I’m not sure how much longer people will be shorting this market, but it feels like the next swing might be down from here to double slaughter those who are now leveraged long. I’ve been saying that for a while though and we keep going up, so maybe the bears have more pain ahead. I’m watching anxiously to see what happens.

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We overestimate opportunities in the short term and underestimate them in the long run. Your idea is clear, there will be only 21 million bitcoins, and there are billions of people on the planet, and over time everyone will want to own at least a particle of bitcoin and this will inevitably push the price up. If you truly believe in it, then what's the difference how long it takes, this is a win-win investment that can make us truly wealthy, the main thing is faith and patience.

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Well, yes... that seems to be in the right direction CageMabok... in regards to our continuing to have ongoing upwards pressures on BTC price based on ongoing adoption and ongoing increasing network effects, and surely in the short-term we see waves and will likely continue to see waves, even while the ongoing and upward price pressures continue to persist because adoption continues to be increasing (even while there are periods in which some fleeting (or unsure) adopters might come in and go out and other various kinds of shorter term fluctuations along the way to ongoing and likely inevitable increasing adoption).


If you don't watch it Mr. Smartie Panties, we (royal that is) are going to have to redefine the meaning of a bat slappening, just for uie pooie.  




I don't know about all of that.  Bitcoin has had a pretty rough ride since it has been significantly below the 200-week moving average for a large majority of the last 4.5 months, so that is way worse of a fate in terms of that particular average weighted trade volume indicator than it has suffered through its whole previous life.... .and sure it is maturing as an asset class, so we cannot necessarily expect ongoing and continued benefits of bitcoin being in exponential s-curve adoption - nonetheless, it still seems to be quite presumptuous and also failing/refusing to recognize and appreciate bitcoin for what it is to be presuming that it has to continue to drop, merely because many aspects of macro-economics are having a large number of ongoing existential struggles.


First time?  Oh gawd you come off as pretentious and patronizing in regards to king daddy sometimes.


Of course, current and future investors are continuing to learn that bitcoin is likely not as much of a risk on asset as they are making it out to be, even though in the short-term there do seem to be a lot of benefits to being able to get in and out of it so easily and to be able to cover other areas (assets or currencies) in which there might seem to be some need to cover.. but then sometimes, if folks get out of dee cornz because they believe it is easy peasy.. and maybe even presumptuously conclude that they are going to be able to get back in cheaper, they might find their lil selfies chasing the train.. rather than reaping benefits of selling such a highly liquid asset, like my lil precious.

Since Meth became like Cripple, it probably got even easier to pump ...no miners who dump on the market to pay energy bills ...only an army of braindead followers

perfect closed-system ponzi...  

Some WOers said that it will die soon, but I doubt that... unfortunately

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Surely........



Yours truly is not going to be so bold as to make such a proclaimening.... call me a scaredy cat if you must



And surely uie pooie (welcome back) can boldly go whereever you would like.. .. within reason... into reality..... I don't wanna jinx your spell upon where we seem to be and where we might be going to go


Wow!

That's a very profound prediction Crazy_B...


Yes!!!!!! Revive.. from hiding under the kitchen counter with chocolate on his face ... BlindMayor or Rosewater Foundation or whatever his other scaredy kitty-cat nicknames were.

^this^

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