Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 507. (Read 26497796 times)

I have my doubts that there is any necessity for me to respond to any of your particular pieces of analysis, since I am not really sure if you are saying anything with any level of conviction, except that maybe you consider the odds for having a downward correction are greater than they had been earlier because of a failure to break to the upside - yet you are not even saying that with any level of meaningful conviction or specifics - except that certain lower levels might happen - and surely, I am willing to stick with a bet that I had earlier stated, which is that the BTC price will likely not get lower than 20% higher than the 200-WMA.. and sure yeah there could be breakouts to the top or the bottom, and I had largely just been proclaiming $55k to $82k to be no man's land.. causing a certain increased level of probability that the breakout is going to be towards the top rather than the bottom, but it is not like certainty, so maybe slightly greater than 55% odds.. add 2.5% odds since we are generally in a bull market and add an additional 2.5% odds since we are in no man's land, but that still only gets us to 45/55 rather than 50/50 odds or something other than that, and so that might not even give us anything that is bettable.. even you did not come back to suggest some kind of potential bettable terms when we dropped below $60k the last time.. around April 29 that lasted ONLY slightly less than 3 days.

I mean I can hardly see any changes to the conditions from the mere fact that BTC prices have largely been bouncing around at the top of the range between about $60k and $70k for the past 3.5  months-ish and yeah there may or may not be further consolidation.. and it hardly matters except that I am a wee bit surprised that we are hanging out in no man's land for quite longer than I thought, but it is not even like the upward's inclinations of noman's land and/or the greater chances of less resistance give any certainties regarding what might end up happening, since we recognize and appreciate that less likely scenarios can end up playing out, and less likely scenarios end up playing out a lot of times, which make them hardly tradeable and hardly bettable, except maybe considering some of the extremes might become bettable, for example if you are going to want to bet me that the BTC price is going to get below 20% above the 200-WMA prior to the end of 2025, or if you want to bet me that BTC prices are not going to end up touching somewhere between $120k and $180k in 2024, or if you want to bet me that the high price for 2025 is not going to be higher than the high price for 2024. .and yeah I don't have great confidence in ay of these propositions, except that I would be willing to bet them in terms of their being greater than 50/50.. and even with that I understand that I might not end up winning the bet, even though they seem bettable from my perspective and it would be interesting if someone, like you, might be willing to take the opposite side of such potential bets..

OT: Check out a cool map of US housing affordability. Move the slider to whatever your number is  
https://www.nbcnews.com/data-graphics/map-where-can-you-afford-a-home-in-the-united-states-rcna155286
The median household income in US is $77397.
The whole west coast+Florida coast+ Tristate area (NY, NJ, CT)+ the rest of the North-east coast are unaffordable for at least 50% of the populace.

yeah pretty much got it right.

got a very small amount of gear back online today.

maybe able to get more back on line next week.

I would describe @philipma1957 as a fast on a trigger bull...buys a bit too early in the downdraft, sells a bit too early in the up trend...keeps changing, like the spring weather  .

This is just my take, no offense intended; philip was rock solid in mining for as long as I can remember..long after many of us fell off the "wagon".
I would take that any time over a trading "prowess".