Good morning Bitcoinland.
Still consolidating in preparation for an ATH... currently $58253USD/$72835CAD (Bitcoinaverage).
Hopefully this won't last long. I'm about halfway through buying enough dollars to pay for our lake. I'm DCAing but a nice price boost would be welcome.
Go Bitcoin go.
Seems like 60k is the new 9000.
And, no, no fracking vegeta memes!
For what? A week now?
$9k lasted several months.
Vegeta memes? Ancient history. I'm more worried about 56k modem memes.
Personally I'm looking forward to the Woodrow memes:
We have been bouncing between 50k ish and 60k ish for more than a month now.
Zoom out to 30 days and check for yourself.
Jimbo's point still stands, largely. Peeps try to get stuck at round numbers and considering that there is some kind of meaningful significance to such numbers - when largely either there is not or the comparison is way too inept and/or inapt.
Remember the first time that we visited $9k in late 2017.. maybe we stayed there for a week or so at best before crossing above $9k and soon thereafter above $10k, and then we had a quickie correction after going over $10k and maybe we were "stuck" at $9k again for a few more days before crossing above $10k again.
Then we went to nearly $20k, and then we came back down to various price points that were quite in the range of $9k and sometimes hitting such $9k from time to time.... passing through and getting stuck from time to time, but largely who should be caring about these matters very much, unless inclined to get caught upon drawing significance in respect to shadows rather than actual light?
We were at $9k-ish on and off a few times and then peeps want to make all kinds of BIG deals about such number because there is a nice little meme to throw into the mix and make funzies about such number.. But in the whole scheme of things, $9k hardly has any significance beyond the fact that peeps want to draw attention to it..
And, regarding any kinds of attempts to draw significance to $60k.. we have barely even gotten here, whether referring to be here for a month or whatever, that seems to be a bit of a dream to be framing the matter in such a way, when the latest ATH of $61,782 was just breached 6 days ago and that was nearly a 6% increase over the previous ATH that was in the mid $58ks. .so how could a reasonable conclusion be reached about being at $60k for a month or whatever, unless failing refusing to look at actual facts.. and considering what you want rather than where we actually are.
Furthermore, just a few posts up, didn't
Phillip provided a link in this thread to show that there are hardly any numbers filled in the upper $50k and ONLY one number that goes above $60k, so largely we are barely arriving at $60k, which largely means that at the time of this particular post, BTC prices are bouncing around at the top of BTC's current price range, and from here, we may go UPpity and we may go DOWNity.. but seems to be pretty fucking low odds that we will be hanging out in these here price parts for very long, even if some impatient peeps might consider a few weeks or even a month to be long, but that might be where those kinds of peeps might need to zoom the fuck out and get a perspective.
So, I am not even suggesting that there might be some chance (probably slim as fuck) that we might well get stuck in the upper $50ks or the low $60ks, but seems way more likely that we be going to be going either UPpity or DOWNity from here.. with likely a bit better odds for UPpity since we are seemingly in a bull market and the trend is our friend and those lil expressions seem to be more credible than getting stuck numerology theory, especially when making seemingly inept and inapt comparisons between $9k and $60k when history has not even come close to playing itself out yet in this regard.
Oh, but the way, I am still not really opposed to considering that within the four-year fractal concept our current prices could well still be in a kind of $3k territory of comparison.. but it is also quite possible that if we end up being in a kind of 2013 rather than a 2017 comparison then there could be a toppening around these here parts and allow for potentially further UPpity at a later time.. not really seeming toppy at this time, but who knows, really?
We have been bouncing between 50k ish and 60k ish for more than a month now.
Zoom out to 30 days and check for yourself.
Sorry. I don't consider bouncing up and down between $43k and $58k as being "$60k".
I see it as the battle for $50k. When we hit $60k a week ago, I figured $50k was finally a done deal.
Surely, Jimbo's response much shorter than mine and contains the same ideas..
Sucks to be me.
As you know, you are one of the few I have on ignore, but this time I decided to take a peek at your scribblings, and I must say, I do agree with your conclusion, it sucks to be you.