I doubt that "we" can really know if the pause will last a whole another week or not.
We'll Bart again
Don't know where
Don't know when
Personally, I would not characterize our last couple months as bartening, exactly.
Sure, there are desires to identify previously popular patterns and then suggest that they are happening again, yet the slope is way too far UP in order for me to consider the existence of any kind of meaningful bart within our midst.. especially if we consider from November 5th ($69k-ish) to present, and sure we can go all the way back to September 6th ($52.5k-ish) to get even a better zoomed-out view.
Anyone really going to express the BTC pricd to go straight up without having some pauses along the way?
Can you imagine the price dropping down to $20k and going quasi-sideways until 2028?
...Just joking, teasing LFC...
$200k is my lowest peak estimate for 2025.
That is a bit bullish - to expect $200k to be the lowest of your anticipated tops.. and I am not going to say that you are wrong. I just hate to count my chickens before they hatch.
We have not even gotten past $108k, yet.
For sure it is looking like my early 2024 projection of $120k to $180k within 2024 is looking a bit of a stretch to still achieve within the next 5-ish days.. not impossible, but not very high probabilities either.. maybe odds of less than 30%?
$200k is my lowest peak estimate for 2025.
yep trump gets in and passes some god awful bills for btc and
shit coins.
the rugs will be the biglyest ever
I cashed out enough I would get to be a larger coiner.
Or it could do what I think. 90-110 til he get sworn in. then we take off in feb when he passes some good laws for btc.
I am pretty sure that you have had several opportunties to buy on the dip, and sure maybe you did not actually act upon such opportunities, so why would this time be any different? You weren't exactly backing up trucks to buy bitcoin when we were in the $20k range in 2022.. If I recall you were doing some variation of the opposite.
Regarding whether we pump or dump or get caught in a range until January 20th, I kind of expect a continued UPpity until at, near, or around January 20, then a dump.. except perhaps if there were some kind of amazing announcement regarding bitcoin, yet i have my doubts that even good announcements about bitcoin will resist mid-to-late January early February dump.
Of course, how far we would dump may well depend upon how far we are able to pump before then. I am not going to attempt to call either with any detail, yet getting a supra $120k pump almost seems like a pump for ants, even though I would not want to overly state any expectations, either.
A purposeful rug pull or an automatic sell the news event can't be ruled out folks. We've been there a few times already. It's best to be pee-pared for both uppity and downity, as our local AI-powered bot likes to say.
I have a hard time imagining a dump bringing dee cornz below $85k at this time, prior to getting into the supra $115k territories first.. .. so maybe I might sorcerer wannabe proclaim: $115k prior to $83k? I am not sure if that is bettable beyond 50/50-ish... and my BTC holdings is already bet long in that direction.