Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Morning gentlemen!
What a great day so far!
Woke up, checked the charts, and see we are up ~$12.

Hope to see $440 within the next few hours.Even if it would be just for a short moment.

Yes!!!!

Decent BTC price movements in recent days and weeks..... and beginning to feel a bit more safe from sub-$400 price territories

$450 and $467 are previous resistance points.... so it will be interesting to make it passed these two resistance points.

Accordingly, it seems that if we can get prices into the $470s or $480s, there could be a decent path towards the $650 arena...

Thoughts, anyone?

i dont expect 467$ to be much of a resistance

and tbh i expect the coming weeks/months a runup straight to 840$

I hope that you are correct..... I certainly have no crystal ball.. just hunches, like everyone else.. and my hunches frequently have to be reformulated based on unexpected transgressions.

And, you know that frequently bitcoin overshoots various expectations, and maybe I have become a bit overcautious with my own thinking after more than two years of seemingly suppressed prices (and no bubble in that perios)....

I do have a bit of a problem with any concept that brings us passed $800 in this particular run up, because I get the sense that once we get into the $800 territory, then there is likely going to be a push passed the current ATH of $1160... .. and really, I have my doubts about having enough built up ammunition for such a run-up, so in that regard, we are likely going to have a couple of preliminary movement and profit taking in the sub-$800 territory first...

In any event, I don't really care whether I am correct or not.. I just plan for a variety of potential outcomes.. while putting a few more eggs in the outcome(s) that I believe to be more likely.