Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 342. (Read 26712671 times)
October 23, 2024, 03:01:15 PM
October 23, 2024, 02:01:16 PM
October 23, 2024, 01:59:29 PM
What WO and Average JJG Bljatcoiners think i mean for Abljatcoin
What i mean to the hidden advanced ones
What i mean to the hidden advanced ones
October 23, 2024, 01:46:11 PM
Noise 
October 23, 2024, 01:01:18 PM
October 23, 2024, 12:01:15 PM
October 23, 2024, 11:36:07 AM
Since all of this is and represents money, the outlook is not bad. For now, the price is at a Good Level , it is neither up nor Down , and it is very likely that it is Consolidating at a good price level to start a bullish trend.
I don't know about you, but this really excites me.
I don't know about you, but this really excites me.
Nah, excitement just depletes my dopamine. I just sit there, with this inner bull confidence, wrapping me in a kind of warmth from the inside
That's the way to go. However, past times are showing that i should get excited at the "Rent my wife for Bitcoin"- stage of this cycle
EDIT: Or was it the "Take a loan on my house for Bitcoin"-stage?
October 23, 2024, 11:01:16 AM
October 23, 2024, 10:10:36 AM
Hey guys how are you doing? I was looking for BTC predictions and this one caught my attention because people who are very involved in the markets and banks are already talking about it. I like that they have this approach when before a few years ago they didn't even mention BTC.
Original Source:https://www.cryptoglobe.com/latest/2024/10/bitcoin-going-to-200k-by-2025-is-a-conservative-estimate-says-global-asset-manager-bernstein/
Since all of this is and represents money, the outlook is not bad. For now, the price is at a Good Level , it is neither up nor Down , and it is very likely that it is Consolidating at a good price level to start a bullish trend.
I don't know about you, but this really excites me.
Quote
On October 16, Real Vision’s Chief Crypto Analyst Jamie Coutts presented a bullish outlook for Bitcoin, citing the increasing backing from institutional investors. Coutts highlighted a notable change in asset allocation preferences, driven by BlackRock CEO Larry Fink’s public support for Bitcoin. He pointed out that BlackRock’s Aladdin platform, widely used by sovereign wealth funds and major asset managers for portfolio modeling, now integrates Bitcoin seamlessly via its ETF. This, Coutts argued, has cleared the way for Bitcoin’s price to rise significantly. He predicted that even a small reallocation of institutional investments from traditional assets like sovereign bonds to Bitcoin could see BTC surpass $500,000 by the end of the decade.
Original Source:https://www.cryptoglobe.com/latest/2024/10/bitcoin-going-to-200k-by-2025-is-a-conservative-estimate-says-global-asset-manager-bernstein/
Since all of this is and represents money, the outlook is not bad. For now, the price is at a Good Level , it is neither up nor Down , and it is very likely that it is Consolidating at a good price level to start a bullish trend.
I don't know about you, but this really excites me.
October 23, 2024, 10:04:29 AM
$70K is incoming! Get your nets ready!
Looks like we got cut short here, huh...
October 23, 2024, 10:01:18 AM
October 23, 2024, 10:00:59 AM
Before posting, it was not a comfortable singulairty using before, during ore after U.S elections.
Picked -after- to play it save.
Picked -after- to play it save.
October 23, 2024, 09:47:50 AM
After a $10.000 recovery pump it is time for a small pupllback before the lift-off making new ATH after U.S elections.
pretty sure 76k by the monday before election tuesday.
October 23, 2024, 09:45:09 AM
After a $10.000 recovery pump it is time for a small pupllback before the lift-off making new ATH after U.S elections.
October 23, 2024, 09:01:15 AM
October 23, 2024, 08:59:25 AM
https://x.com/SimonDixonTwitt/status/1848388948298481756
Saylor calling the most of us "paranoid crypto anarchists"?
Let me think: If institutions grab, take custody and play with of loads of Bitcoin, when institutions are against the original values of Bitcoin, what could possibly go wrong?
Turns out i am paranoid?
EDIT: Don't forget, MS is an investor. He's not Bitcoin Jesus (Sorry, Roger), so his main interests behind buying Bitcoin are about making fiat money.
EDIT2: And i wouldn't mind to pay taxes for fiat gains out of Bitcoin, but i would not want to get almost completely robbed by government, just because i don't participate in their dirty investing game.
Saylor calling the most of us "paranoid crypto anarchists"?
Let me think: If institutions grab, take custody and play with of loads of Bitcoin, when institutions are against the original values of Bitcoin, what could possibly go wrong?
Turns out i am paranoid?
EDIT: Don't forget, MS is an investor. He's not Bitcoin Jesus (Sorry, Roger), so his main interests behind buying Bitcoin are about making fiat money.
EDIT2: And i wouldn't mind to pay taxes for fiat gains out of Bitcoin, but i would not want to get almost completely robbed by government, just because i don't participate in their dirty investing game.
"Blind faith in your leaders or in anything will get you killed." - Bruce Springsteen
Michael Saylor isn't Bitcoin god. He may be interesting to listen to, have some valid points, people may be able to use MicroStrategy for arbitrage.
End of the day Bitcoin was created for very different reasons than what he said right there, in fact the exact opposite.
My strategy is turning into the following: take out what you invested, perhaps a bit of profit.
See what happens with the rest.
Will a government eventually put a gun to your head to hand it all over or somehow make it (outside of ETF investments) unusable?
It still will not surprise me, regardless of its value.
October 23, 2024, 08:26:55 AM
While the candles show the wrong color right now, a new diff ATH seems like a good sign to me:
October 23, 2024, 08:01:16 AM
October 23, 2024, 07:58:47 AM
My sell plans are further complicated by my NJ property taxes.
I have a decent amount of BTC at around 25-28k.
If I sell a coin this year at 80k profit would by 52k
That would knock me out of the NJ senior property tax freeze program
and my property tax would rise from 7200 to 10600 plus it would be at least two more year of raises before I can get qualified for the freeze so I would lose five years of 7200:paying at least five years at 10,600:thats a minimum of 17000 in extra property tax.
If I cash a coin this year at 80k
so basically I am forced to not sell any more than 0.1 or 0.2 coins this year.
It is an interesting math problem the math seems to say sell very little for 2024 and deal with 2025 when we get there.
I pretty much see I need to leave NJ for tax purposes.
and I must sell very little BTC until I am in A new state
I have a decent amount of BTC at around 25-28k.
If I sell a coin this year at 80k profit would by 52k
That would knock me out of the NJ senior property tax freeze program
and my property tax would rise from 7200 to 10600 plus it would be at least two more year of raises before I can get qualified for the freeze so I would lose five years of 7200:paying at least five years at 10,600:thats a minimum of 17000 in extra property tax.
If I cash a coin this year at 80k
so basically I am forced to not sell any more than 0.1 or 0.2 coins this year.
It is an interesting math problem the math seems to say sell very little for 2024 and deal with 2025 when we get there.
I pretty much see I need to leave NJ for tax purposes.
and I must sell very little BTC until I am in A new state
I’ll sell nothing this year, however 2025 is a different story.
October 23, 2024, 07:55:08 AM
Particularly this cycle we seem to be better off by preparing to act and project a little different than before. While your last big sell near the former cycle's top and rebuy close enough to the last cycle's bottom turned out well in terms of numbers (Bitcoin stash increase), it might be better to sell along the future uptrend going up (starting at a reasonable treshold no less than $100k) and in turn buy in batches again, but earlier on the way down. (EDIT: Playing it more safe).
ETF's and Paper Bitcoin are changing the game quite a bit, so better be prepared for possible future actions of our new found "friends" who are just started to explore the market.
ETF's and Paper Bitcoin are changing the game quite a bit, so better be prepared for possible future actions of our new found "friends" who are just started to explore the market.
I still haven’t firmed up my sell plan yet for the imminent bull run but I have a vague idea of what I want to do. Previously in past cycles I would think about selling in Q3 or Q4 of the year AFTER the halving.
I don’t want to take the risk of assuming we will peak in Q4 of 2025 so going to sell some earlier, like you suggested. I was thinking of beginning to sell at just over $100,000. I might regret it if we pump to something silly like $300,000 but better to be sate than sorry. I plan to diversify and buy multiple rental properties with some of my sold Bitcoin. I will be unloading 25% or possibly slightly more next year. The ideal life is a juicy passive income and a handsome Bitcoin stash, this is my plan, my desire.
Obviously I will hold a significant fiat stash to buy Bitcoin back much cheaper in the obvious bear market that will follow. Ideal scenario is $250,000 top next year and a bear market bottom of something like $70,000 in 2026/27 but ideal scenarios never play out do they. Too many people cheerleading for $1,000,000 per coin which obviously is not going to happen this decade.
My sell plans are further complicated by my NJ property taxes.
I have a decent amount of BTC at around 25-28k.
If I sell a coin this year at 80k profit would by 52k
That would knock me out of the NJ senior property tax freeze program
and my property tax would rise from 7200 to 10600 plus it would be at least two more year of raises before I can get qualified for the freeze so I would lose five years of 7200:paying at least five years at 10,600:thats a minimum of 17000 in extra property tax.
If I cash a coin this year at 80k
so basically I am forced to not sell any more than 0.1 or 0.2 coins this year.
It is an interesting math problem the math seems to say sell very little for 2024 and deal with 2025 when we get there.
I pretty much see I need to leave NJ for tax purposes.
and I must sell very little BTC until I am in A new state
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