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.
You have a pretty strong conviction there toknormal, you should be willing to put some kind of wager on it. Doesn't have to be 1BTC... could even be a lot smaller, such as .0001BTC or something like that... Might give you a little bit of credibility if you would back up your constant ongoing bearish predictions that never really tend to come true.
Why ?
There are plenty of both bullish and bearish opinions posted here all day long. I don't see calls for those views to be collateralised. People just don't like hearing well founded bearish opinions, that's all.