Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 07/05/2019, 14:50:25 UTC
LFC, if we could just turn back time to that 150$ price ..... Roll Eyes

For one, I surely would not want to go back to $150-ish.  That would be fucking terrible, and maybe even worse than it was in 2014 and 2015.

Now, going below $1k would be fucking terrible, too.

It is starting to seem to me that we already had our 2018/2019 version of $150 and that was likely in the lower $3k arena...

So far, that lower $3k arena has not been revisited for several months, so it is starting to feel like it could be behind us, especially since we are slowly moving up to a nearly 2x of that price.  We cannot rest assured, but if lower $3k is visited again, it would not be nearly as close as $150 or even $1k, but it is likely pretty damned close to the bottom for this particular cycle... .. .

Furthermore, there are some possibilities, maybe less than 40%, that we will never see $3ks again.  There are also some possibilities, maybe less than 25%, that we will never see $4ks again. 

So, even if we don't experience $150 again (and nearly no one, except FUDsters, wants to roll back such clock), there are still $150-like experiences that currently seem to exist in the $3k to $4k price arena.