Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
JJG, I am obviously hoping for a scenario a bit more like 2013, with an april top followed by new ath later in the year. I doubt this will happen in the short term, invalidating that pattern. In any case, dont think looking at the past is too relevant here. I dont really agree with your wording of correction, its ok to say btc has crashed since ath, a 70% drop is just that, a crash. Especially since it is accompanied by the complete bloodbath that is the alt-markets.
One scenario where bitcoin could go lower (and take alts with them) is if miners make a play to push price down to bankrupt less efficient miners, allowing them higher market share in the future as inefficient mining ventures go broke.
Still, I hope 6k is the bottom (but then we saw the bottom 6 months ago, only 3 months after ath! )
Who are you and what have you done to our friend??
haha lol, no this is my best coiner friend (BECAUSE OF HIM I AM INTO BTC) helping me out from time to time.... little bit the guy that i'm following mostly and the friend i talk with about crypto about every day, and sometimes when i wanna say something its easy to explain myself better in english writing when he helps me out , i have a serious side as well
, now his a little bit on my side when i wanna say something that requires better english ( otherwise i would make to much mistakes ) BUT i promise i am learning better and better so in the near/foreseeable future i will MASTER english writing myself haha LOL and is it so obvious i got a little help in my writings
Say hi to your friend!
It's kind of obvious... but not just because of the better english and punctuation/capitalisation but because he seems to have a (perfectly reasonable) more conservative approach regarding to price. You are usually (way) more bullish and you know it
Your english is clearly improving every day, you could just check your first few posts on this forum and it is evident. By the time we reach $100K you would have probably mastered it.
P.S.: And good luck on your game. Rekt them all and come back home with a nice stash!