Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
If there had been significant upward pressure, then we wouldn't have been stuck at ~$6.5k for so long. I predict that ~$5.5k will be "the new $6.5k" for a while, maintaining relative stability with periodic bouncing.
I suspect that we're on a long-term slow downward trend until either the next halving or until something major happens (eg. ETFs, maybe certain global events, etc.).
I suspect that we're on a long-term slow downward trend until either the next halving or until something major happens (eg. ETFs, maybe certain global events, etc.).
Ooow long term downward from this point to halving....
Aint not much gonna be left by Then, so you suggest HARD times for HODLERS?
Going on full honeybadger BTFD mode for 2 years?
Cancel all future party meetings and luxury shit buyings, its hibernate time.
I can accept all of the narratives BTC had to follow, but i hope its not this one you are saying
That been Said HOdL through all the F***ing bear market and time to change my avatar to a lebowski HAT
(Perhaps a theymos HAT ? )
XhomerX can get all of the jobs done
I think that sometimes theymos, realist as he may seem to be, can sometimes end up arguing a bit too much on the bearish side of bitcoin matters. It has been shown in the past. hahahahahaha in other words, take theymos's predictions with a grain of salt.
Edit:
Theymos's analysis makes lots of sense, but the corn is a proven dealer of surprises. Wait and see, I guess.
Hahahahaha.. this is what I was trying to say.