Explanation
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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 624. (Read 26732143 times)
August 25, 2024, 06:01:15 PM
August 25, 2024, 05:01:15 PM
August 25, 2024, 05:00:58 PM
Do you remember when Bitcoin dumped last time to 54,000$ in the beginning of August? The justification was an attack from Israel against Hamas, which ended killing two of their leaders.
Today another confrontation between Israel and Hezbollah emerged, but Bitcoin is doing well above 64,000$. Following that logic, shouldn't Bitcoin be already crashing at this moment? Or do such events only have an impact when it's convenient for news portals and specialists to give any excuses to explain a potential Bitcoin dump on short run?
It's just an example of how news regard Bitcoin's price are fail in directing the public towards the truth.
FUD makes it possible to buy the cornz cheaper.Today another confrontation between Israel and Hezbollah emerged, but Bitcoin is doing well above 64,000$. Following that logic, shouldn't Bitcoin be already crashing at this moment? Or do such events only have an impact when it's convenient for news portals and specialists to give any excuses to explain a potential Bitcoin dump on short run?
It's just an example of how news regard Bitcoin's price are fail in directing the public towards the truth.
The news couldn't beat the one of Powell that they are cutting rates in the eyes of investors.
ouch...that hurts
August 25, 2024, 04:46:16 PM
Next 18 mo trading setups (possibilities as I see them):
1. Everything goes as expected with a peak in late 2025 at 150-250K (pick up your favorite number, which is 216K for me).
2. An exponential rise between September and Nov-Dec 2024 (to 130-140K), followed by a valley in the following 4-6mo (back to 65K due to economy being in poorer shape...they will decrease rates to 3-4% for a reason, right?), then an attempt at all time high again in Nov (Dec) 2025. Maybe only a meager ATH of +10% to Nov/Dec 2024 ensues.
3. Not much appreciation until the election, then either a rapid rise or a much meager rise (depending on who wins, I guess) into 2025.
IMHO, most are expecting scenarios #1 or #3, but I think that something similar to #2 is more likely.
1. Everything goes as expected with a peak in late 2025 at 150-250K (pick up your favorite number, which is 216K for me).
2. An exponential rise between September and Nov-Dec 2024 (to 130-140K), followed by a valley in the following 4-6mo (back to 65K due to economy being in poorer shape...they will decrease rates to 3-4% for a reason, right?), then an attempt at all time high again in Nov (Dec) 2025. Maybe only a meager ATH of +10% to Nov/Dec 2024 ensues.
3. Not much appreciation until the election, then either a rapid rise or a much meager rise (depending on who wins, I guess) into 2025.
IMHO, most are expecting scenarios #1 or #3, but I think that something similar to #2 is more likely.
August 25, 2024, 04:43:28 PM
Do you remember when Bitcoin dumped last time to 54,000$ in the beginning of August? The justification was an attack from Israel against Hamas, which ended killing two of their leaders.
Today another confrontation between Israel and Hezbollah emerged, but Bitcoin is doing well above 64,000$. Following that logic, shouldn't Bitcoin be already crashing at this moment? Or do such events only have an impact when it's convenient for news portals and specialists to give any excuses to explain a potential Bitcoin dump on short run?
It's just an example of how news regard Bitcoin's price are fail in directing the public towards the truth.
FUD makes it possible to buy the cornz cheaper.Today another confrontation between Israel and Hezbollah emerged, but Bitcoin is doing well above 64,000$. Following that logic, shouldn't Bitcoin be already crashing at this moment? Or do such events only have an impact when it's convenient for news portals and specialists to give any excuses to explain a potential Bitcoin dump on short run?
It's just an example of how news regard Bitcoin's price are fail in directing the public towards the truth.
The news couldn't beat the one of Powell that they are cutting rates in the eyes of investors.
August 25, 2024, 04:33:02 PM
Do you remember when Bitcoin dumped last time to 54,000$ in the beginning of August? The justification was an attack from Israel against Hamas, which ended killing two of their leaders.
Today another confrontation between Israel and Hezbollah emerged, but Bitcoin is doing well above 64,000$. Following that logic, shouldn't Bitcoin be already crashing at this moment? Or do such events only have an impact when it's convenient for news portals and specialists to give any excuses to explain a potential Bitcoin dump on short run?
It's just an example of how news regard Bitcoin's price are fail in directing the public towards the truth.
Today another confrontation between Israel and Hezbollah emerged, but Bitcoin is doing well above 64,000$. Following that logic, shouldn't Bitcoin be already crashing at this moment? Or do such events only have an impact when it's convenient for news portals and specialists to give any excuses to explain a potential Bitcoin dump on short run?
It's just an example of how news regard Bitcoin's price are fail in directing the public towards the truth.
August 25, 2024, 04:26:19 PM
Next 18 mo trading setups (possibilities as I see them):
1. Everything goes as expected with a peak in late 2025 at 150-250K (pick up your favorite number, which is 216K for me).
2. An exponential rise between September and Nov-Dec 2024 (to 130-140K), followed by a valley in the following 4-6mo (back to 65K due to economy being in poorer shape...they will decrease rates to 3-4% for a reason, right?), then an attempt at all time high again in Nov (Dec) 2025. Maybe only a meager ATH of +10% to Nov/Dec 2024 ensues.
3. Not much appreciation until the election, then either a rapid rise or a much meager rise (depending on who wins, I guess) into 2025.
IMHO, most are expecting scenarios #1 or #3, but I think that something similar to #2 is more likely.
1. Everything goes as expected with a peak in late 2025 at 150-250K (pick up your favorite number, which is 216K for me).
2. An exponential rise between September and Nov-Dec 2024 (to 130-140K), followed by a valley in the following 4-6mo (back to 65K due to economy being in poorer shape...they will decrease rates to 3-4% for a reason, right?), then an attempt at all time high again in Nov (Dec) 2025. Maybe only a meager ATH of +10% to Nov/Dec 2024 ensues.
3. Not much appreciation until the election, then either a rapid rise or a much meager rise (depending on who wins, I guess) into 2025.
IMHO, most are expecting scenarios #1 or #3, but I think that something similar to #2 is more likely.
August 25, 2024, 04:15:27 PM
drunk driving again
in the autonomous car;
the future is here
# Sunday haiku
in the autonomous car;
the future is here
# Sunday haiku
A car goes alone
A man is drinking inside
Who's
#haiku
FTFY.
A police officer conundrum
August 25, 2024, 04:12:11 PM
drunk driving again
in the autonomous car;
the future is here
# Sunday haiku
in the autonomous car;
the future is here
# Sunday haiku
A car goes alone
A man is drinking inside
Who's
#haiku
FTFY.
August 25, 2024, 04:01:17 PM
August 25, 2024, 03:01:15 PM
August 25, 2024, 02:21:23 PM
Whenever there are some news like this on all over social media networks, the price sinks dramatically
We don't know sink just corrections.
Expecting a Good Week.
August 25, 2024, 02:01:15 PM
August 25, 2024, 01:33:39 PM
Whenever there are some news like this on all over social media networks, the price sinks dramatically
August 25, 2024, 01:13:58 PM
drunk driving again
in the autonomous car;
the future is here
# Sunday haiku
in the autonomous car;
the future is here
# Sunday haiku
A car goes alone
A man is drinking inside
Who's doing the driving?
#haiku
August 25, 2024, 01:01:18 PM
August 25, 2024, 12:01:16 PM
August 25, 2024, 11:42:39 AM
August 25, 2024, 11:09:13 AM
As has been proven by maths and sciences there is no too drunk to post in the WO.
My bad. There's no such thing as being too drunk.
Except maybe to drive an automobile legally.
Here comes E. Musk with his fully autonomous driving car-a definite place of future drinking and debauchery, lol
drunk driving again
in the autonomous car;
the future is here
# Sunday haiku
August 25, 2024, 11:04:49 AM
As has been proven by maths and sciences there is no too drunk to post in the WO.
My bad. There's no such thing as being too drunk.
Except maybe to drive an automobile legally.
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