Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Something is right this time when the price is raising slowly and there's no rockets (please, don't!) here.
Here's my first Rocket pic, just to attempt to annoy you by doing the opposite.
I am going to bed. If you have jinxed it with your irresponsible and reckless attitude you will have to cope with the consequences. Good night.
Try not to dream in the nightie, nightie about the curvy, curvy parts.. .
Also, by the way, price is going to have to* meaningfully correct at some point... Whether that point is sub $4,200 or sub $4,600 or sub $5k, surely I don't know. I could not imagine the BTC price going above $5k without some kind of significant and material correction of at least 30%.** We will see. We will see.
*when I use the expression "have to" I am not talking about 100%, but I am suggesting really high odds, like more than 75%
**when I use the expression "at least 30%" I am suggesting that level of correction would create the most healthy bitcoiny kind of price dynamics, that a 15% or 20% correction might not be sufficiently enough in order to prepare for the next leg UPwards