Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Holy shit whats behind these no volume pumps?
Low liquidity
the evening wall report
Why no 1 day chart like you usually do huh? Still a bit bearish is it?
Pretty sure people youtubers need to stop claiming they've found "100x altcoins" before Bitcoin's price can move significantly higher.
DeFi also needs to lose at half it's value minimum, or more realistically at least two thirds back down to $1 billion. Massively overvalued short-term right now.
I realise BTC does have the power to reach $20K while losing it's market dominance, but if this happens it tells me the consolidation between $10-20K in order to re-gain it's dominance (in order to reach a new ATH) is going to be really long. I'd prefer alts to pull back now, which is somewhat hopium, to allow Bitcoin to get to where it wants to go; $12-14k
#pessimisticbull