68K at Last
& hopefully the last time?
yes, but, realistically, only if we surge at least above $226.6K this cycle...so far patterns suggest an approximately 70% "plunge" in the next bear, but it is not guaranteed by any means...could be less of a decline, of course.
I would hate not to sell anything in the 200eds and re-visit 68 for the third time (2021, 2024 (counted as once) and 2026?)Even though you are sounding like a bear and a party poop with your "real talk," it's an interesting question in regards to how far the BTC price needs to go up further in order that $68k might never be visited again.
One of the things that I don't like about your smug and/or matter of fact kind of statemenet, you act like it is inevitable that certain price ranges need to be revisited.. ..
since we have already seen a decent number of times that traders were trying to proclaim certain low prices needed to be revisited (retested) in order for UP to happen, and they ended up being wrong.
There are times when we leave certain levels and do not ever come back, which is part of the dilemma of those who end up selling too much too soon with some kind of an expectation that they can "wait it out" if the BTC price keeps going up when they had been expecting a correction (since why else would they be selling
too much too soon?)
Bitcoin will be back to $68k soon.
No merits for stating the obvious!
...right JJG?...right?? Personally, I hate to presume too much.. including some of these questions of needs to revisit.. even though surely I maintain orders to buy for the various revisitings, just in case... yet at the same time, I am not a big fan of the revisitings... even though some of them are nearly inevitable, yet we don't know in advance which ones are going to be revisited.
Do not really care about their discussion of a 1% (wow!) spent on bitcoin.
Vote away...one way or another.
You are quite the moo ruiner...
To me, it seems that shareholders voting in a 1% allocation to bitcoin still sends a message to a lot of other similarly situated funds.
Sure more than 1% would be better, but these kinds of entities gotta start somewhere, and surely, if all large companies allocated 1% to bitcoin we would reach pretty high bitcoin price numbers from that kind of ongoing demand for dee cornz, and just think if governments were to go down that road too (1%).. horey sheit..!! There would be a lot of capital traveling more in the direction of my lil precious, and I wonder how well all of that extra and new demand on bitcoin supply could be faked?
These seem like cascading effects to me, even though each one might feel like "NO BIG DEAL," they add up.