Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 642. (Read 26468453 times)

Long time written these exact words

But the dude goes in

#HODLsleep

Edit: I just had to add this.  



Buffett and Wilde, two completely different attitudes, but they seem to be in agreement.

Life's too short. Savor every moment.

Explanation
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The Dude would enjoy.
An overnight ATH…

Increasing while sleeping.
Sounds heavenly.

WO Top

I am starting to think $120k to $180k for 2024 - based on currently known dynamics and trends from ongoing ETF demand coupled with the halvening. (which is 2x to 3x) from $60k

Thus perhaps another 2x to 3x from the 2024 numbers for 2025 based on sheer momentum that has historically tended to go along with the cycles - which gives us $240k to $540k for 2025. 

Of course, my numbers are surely not anticipating anything close to straight up so there will probably be 4 or more corrections of 30% or more that might even last several weeks each time, and there could be something like 20 or more 10-15% or more corrections.

That would be the base-case scenario for price predictions, which surely means we could over or under perform, but we might have to revisit each leg along the way in order to consider if anything has really changed.  As far as personal finances, stick with the 200-WMA rather than getting worked up about spot price, yet for 2024 and perhaps even 2025, I don't expect any corrections to get below within 20% above the 200-WMA - and if there is any correction that goes that low it would be a spike rather than anything lasting.

My upper scenarios would still be similar to my chart from 2021 which would probably have the top number of $2 million plus for this cycle at less then 0.5% odds.


They probably got their maths and sciences from proudhon, which means they need to reverse it (do the exact opposite) for the numbers to actually make sense.  In other words, change the negative to a positive.. which means 2x (at a bare minimum).

Explanation
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Sure And still counting uptrend it is going up daily  and daily I told my colleague that bitcoin will soon hit $100k they thought 💭 that am joking that was when it was still $54k but today is about $72k and still counting Extra $1k in just 1hr it's not wonderful 👍

Thanks. Can't complain. Although I will - to grandkids and friends.

Just keeping up with official inflation, or slightly above in euro zone.
I have been on committees which negotiate salaries: their argument when inflation is 2-3% is always...see, inflation is low, no need to exceed it, but when the inflation is 8-10%, they reverse the argument and start whining that they don't have the budget to go above, say, 5%. A complete silence about inflation and what it does to employees in this case.

The only way to prepare for UP is to have some satoshis, so if someone is new to bitcoin, the first thing they should do is buy some satoshis.  Waiting does not prepare them for up..


King daddy prices do not follow hashing power and/or mining costs. .. so mining costs are almost irrelevant in terms of determining whether the BTC price is overexuberant or not. 

For example if the BTC price moves up faster than buying demand can keep up, then that could be considered overexuberant.

So for example about two weeks ago when the BTC price went up from $52k to $64k in a matter of about 50 hours. That was a bit overly exuberant, so the correction from that was somewhat anticipated.. and yeah, we have other examples when the BTC price moves up faster than the buying support can keep up... so then we get a correction. and the downward manipulators will likely try to push it down as far as they can and keep it there as long as they can.. but they have not been having much luck with that since October. and maybe even worse luck with that since a couple of weeks ago when we entered into noman's land.. so even when we entered into noman's land with guns ablazing, there have been a decent number of relatively good sized corrections that have been allowing the buying to keep up... and yeah I cannot have any kind of certainty if we will completely get through noman's land without any major correction (such as greater than 20-30% and/or lasting, but it seems that the odds are slightly more in favor of UPpity in zones like this... and it does not have anything to do with hashing power.. The miners follow price like lil doggies following their owner when it is time to eat.

I got a raise today.

3,33%

Needless to say I wasn't impressed.

Explanation
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Even the dumps/dips are short lived and quite pathetic at the moment. Halving getting close, these Spot ETFs are really doing wonders for the price. Just wait for the supply shock post halving.

Maybe this time really is different and we are going to go seriously parabolic.

I'll give it a go: new ATH this week! 

We are so back!
I already miss the opportunity to buy below 70,000.
That is gone.
Up only.
Sources confirmed

Explanation
Chartbuddy thanks talkimg.com