Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4501. (Read 26708089 times)

At least it was only 0.16777215 BTC. Enable that WUMBO and YOLO!

I've got a juicy .5 btc channel to loop -- you should automate the fee structure.

I'm ready for 69k, anyone else?

I'm ready for 69k, anyone else?

Wat is happening?! WOW!

EDIT: Goddamnit. My channel with LOOP got closed after fucking around with fees, getting distracted, then coming back to find shit drained. Fuck. I really hate this game. It's worse than babysitting a child. I'm far too busy in meatspace to properly manage a fucking lightning node, never mind something as prestigious as a LOOP channel. Really REALLY fucking upset. NGL.

Price remains bullish while holding the $61K local volume point of control. Bouncing off this support will likely bring about a re-test of $65,000 and a clear path towards higher highs.

One of the most interesting parts of this "cycle" in my opinion.  It is not retail.  The retail markets are nothing more than an unreliable oracle so far.  And the majority of acquisition is happening in dark pools.

If retail DOES start to buy this cycle they are going to soak up the available float so fast it will make peoples eyeballs pop out.

Watch.

(If it does not happen this time, which is hard to even accept as possible without some giant global macro black swan... it WILL happen in the next cycle.)

Salty cow.





Salty cows everywhere.

 

I have frequently asserted that PlanB is NOT saying much of anything new beyond previous BTC price prediction models that had existed prior to his making his plottenings, so sure, in that regard, PlanB is not saying anything much different than the rainbow chart, except for the fact that there are attempts to be more granular in regards to the historical 4-year waves that surely connect with bitcoin's halvenings.

Personally, I don't give too many shits about any specific model either, but I have been asserting that a combination of models do help us to attempt to understand where we are at and where we might be going and surely the rainbow model might be as specific as some peeps (including uie-pooie) would like to get - because yeah it does show us where we have been that gives us a better idea of where we are at and where we might be going, so whether you are better off attempting to incorporate S2F ideas, the 4-year fractal and/or considerations of exponential s-curve adoption based on networking effects and metcalfe principles remains your choice which ones you would like to consider (if any) or just to roll your own price prediction model - which frequently puts those kinds of roll your own model proponents in a seemingly lala-landia of seemingly wannabe self-aggrandizement.

By the way Bbunny, your last paragraph in the above-cited response seems to put out a certain level of bitterness regarding the so-far correctness of the PlanB model to suggest that world events caused PlanB's model to be more correct than what it would have been or should have been to date and jeez.. who fucking cares?  .. surely, I get a bit irritated by PlanB sometimes in terms of some of his tweets that seem to assign way too much specificness to the price predictiveness of his model than the model seems to merit and also I become a bit frustrated because I do not really understand the parameters of some of his more recent calls about "worse-case scenario" extreme lows between August and the end of 2021.. that largely have ended up being correct so far... but still.. who cares and why so seemingly bitter? #nohomo








 




Salty cow.









Salty cows everywhere.