Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
It seems, based on your comments that you just hold and hope. Did anyone bought the bottom and say that publicly? You all just hold or even shorted this? 
Sure, I made 2 posts buying at 7.4K and called a low of 7.3 weeks ago. I have a Vietnamese friend who's been trying to get a good position on BTC for 2 years now. I originally told him in Nov. 2017 to just buy and hold. Well he didn't and bought high and sold at the bottom of 3xxx
Now messaged me again yesterday and asks what a good entry is. I said "buy now (@7.4K) because the whole world is waiting to pile on at 6k. Don't wait!"
You know what he did, he waited.
TLDR: Buy and Hodl beats trying to time the trades for most people
Are you feeling lucky, Punk?
Can you quote please?
I don't believe yet. More bear posts needed! Deploy the FUD trolls! Please save me!
disclosure: Bought this dip twice and considering another. Long term multi-halving HODL
Thought I posted twice, looks like it was bought twice posted once. I did get a third buy in but didn't post.disclosure: Bought this dip twice and considering another. Long term multi-halving HODL
Just going over Bitcoin's price history in my mind and remembering the last time we fell to 8K from the ATH. I remember the feelings of excitement at 8K even though we had already dropped about 58%. I thought that was the bottom at the time and Terra wasn't having any of it.
I remember her saying something along the lines of, bottom? "Bitcoin is eight fucking thousand dollars, get real!"
Anyhow, times are different now and because we've been here several times before, We might be looking at a new sideways support plateau similar to the previous 6K support line a year ago. I'm not saying it will result in the same drop, in fact I still think 7.3K will be a great discount bottom if we are to ever arrive there. Thinking these sideways support zones will be the new norm going forward at least for awhile. It's slightly less volatile and there is slightly more support.
The normies on crypto twitter are screaming bear flag. Been around just long enough to remember how that goes.
Not really technical analysis because I got none of that but more SOMA of where I think we are.
TLDR? 8K is the bottom, BTFD!
I remember her saying something along the lines of, bottom? "Bitcoin is eight fucking thousand dollars, get real!"
Anyhow, times are different now and because we've been here several times before, We might be looking at a new sideways support plateau similar to the previous 6K support line a year ago. I'm not saying it will result in the same drop, in fact I still think 7.3K will be a great discount bottom if we are to ever arrive there. Thinking these sideways support zones will be the new norm going forward at least for awhile. It's slightly less volatile and there is slightly more support.
The normies on crypto twitter are screaming bear flag. Been around just long enough to remember how that goes.
Not really technical analysis because I got none of that but more SOMA of where I think we are.
TLDR? 8K is the bottom, BTFD!