Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Halfway through 2021 before we even see 10k again according to this analysis. Just looking at the cycles.
Ready to make a bet on it ?
I bet NO at 99%.
Second that. 99.999%
You haven't even had time to watch it. Look at the cycle again. That last pump sticks out like a sore thumb. Markets simply don't do that naturally.
See what happens with Bitfinex/Tether on Monday. That may put this whole pump in a very different context.
So Bet or not ? If there is an escrow here for the bet.
1 BTC ?
wtf has betting got to do with any of this ? You think just because your hopium's strong the appraisal's wrong ?
The points are well made - in particular that rally was one of the more "engineered" moves bitcoin has ever made so the guy is reasonable in looking at the longer term picture.
Concerning the long term perspective : new ATH -> price discovery. OK nothing to add about this.
Just, think that all is manipulated and this same persons will push BTC to 2.5K$ (new low) in the next 2weeks... No relation with hopium or whatever.. Just no sense for me and very unlikely.
That's why we can put a Bet on it. If for you this scenario is very likely.