Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by Ibian (1)
Interesting as predictions about the next phase are, it's an art for few. Masterluc himself is far sighted in his reach forward.
I'd like to turn back with the not-so-few: what happened? This might help my future understanding of things.
When is it the first time that one of us could have said "it's coming" - and how could they hope to convince at least a qualified majority?
Toknormal's points scored with me. Are the two quoted views mutually exclusive, or can they add up into a coherent narrative?
8-month cycles, give or take 6 months. The give or take bit itches, of course. Why these irregular durations? Is the school (of whales) free to choose a random moment, or are they looking for a "go ahead" hint from external reality? Which kind of hint/help would they welcome? The underlying question, of course, is: How can smaller creatures - human, tunas, herrings and minnows - see it coming?
I'd like to turn back with the not-so-few: what happened? This might help my future understanding of things.
When is it the first time that one of us could have said "it's coming" - and how could they hope to convince at least a qualified majority?
8-monthly bubbles which burst in the "propellor correction" fashion I described. The pattern's always the same:
It's the 1-Week MACD histogram for Bitcoin/USD. The thing is, I've NEVER seen it go so deep on the very first bar before.
For me it lends credence to the idea that the market is being actively co-erced down to a pre-defined level by the same holders who hoovered up the coin on the way up. They may be playing both markets in concert (futures and cash).
For me it lends credence to the idea that the market is being actively co-erced down to a pre-defined level by the same holders who hoovered up the coin on the way up. They may be playing both markets in concert (futures and cash).
Toknormal's points scored with me. Are the two quoted views mutually exclusive, or can they add up into a coherent narrative?
8-month cycles, give or take 6 months. The give or take bit itches, of course. Why these irregular durations? Is the school (of whales) free to choose a random moment, or are they looking for a "go ahead" hint from external reality? Which kind of hint/help would they welcome? The underlying question, of course, is: How can smaller creatures - human, tunas, herrings and minnows - see it coming?