Observing exactly $9000 right now.
I seriously am tired of Vegeta now.
I seriously prefer Vegeta (even getting stuck here for a while) much moar better than when we were lingering in the lower to mid $7ks, only a bit over a week ago, and it is even much moar better than our correction down to sub $4k and then getting stuck in $4ks for a few days, too, which was only a month and a half ago.
Many of us who are getting so god damned anxious to go up, should appreciate that largely we have been trickling up, all the way since the sub-$4k price movement, and we really have not had much if any major stagnation or correction in the price, and largely we have been continuing to trickle up.
I totally expected such a reply, and honestly, I'd have said the same if someone else was complaining about sticking at Vegeta's meme price. Complaining right now is equivalent to being an impatient kid. However, seeing Vegeta's meme over and over again is a bit irritating.
There were a lot of us making similar complaints between about July and October 2019 when we kept dipping back into 4 digits.... "Why do we have to keep dipping back into 4 digits?" "This is the last time that we are going to see 4 digits." etc. etc. etc..
After the end of October, it seemed a lot more difficult to even get back up to $10k, even though it started to seem that we were getting in supra $10k prices again in the first two months of the year before the air started coming out of our sails again with macro factors, but lo and behold, we are kind of struggling to get back up to $10k again, and relative to other asset classes, bitcoin seems to be holding its own - even while I remain quite uncertain whether we can really attempt to visualize ourselves separately from macro happenings.
Would be quite strange if Bitcoin were to go shooting up, while the rest of the world burns, so probably there is some need for some stability in macro systems in order for bitcoin to have any kinds of decent chances to get some kinds of foothold on trending upwards, if that is what bitcoin is inclined to do in the next year or two.
Whether such trickling up is going to continue, it is NOT even bad if we happened to get stuck for a bit of time.. NOT that getting stuck is a very likely outcome during such uncertain times, and even seems that if we have a correction, it is NOT exactly obvious that the direction is going to be UP, even if many of us (especially HODLers and accumulators) would prefer UP.
One thing about bitcoin remains that if there are too many retail folks who are anxious that we might NOT be going UP enough, then that resolve could end up getting tested as a kind of attempt to verify if shaking the tree might be helpful to get a few more weak hands out of this.
TLDR: I am not saying that a BTC correction has to happen, but I am saying that UP is not exactly obvious or inevitable either. Therefore, we are not necessarily in a bad place, currently, even if it is feeling as if we might be a bit stuck.
Again, I agree. Remaining sideways in the days when stock markets, as well as the global economies, are in chaos is 100% pure bullish move, even if this bullish move is not causing an increase in price.
Yes. Exactly. That is another way of phrasing the situation, and you are leaving NO room for disagreement.
At the same time, there could just continue to be some kind of ongoing bitcoin trickling upwards, and maybe no one is really going to notice it, very much? Because so many peeps will be complaining that the bitcoin price is NOT going up quickly enough... it's just stuck, and in the meantime, it is up nearly 150% from where it was less than 2 months ago.. but still we just hear complaining that it is stuck and it is boring.