Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 12/11/2020, 21:02:28 UTC
None of those examples count as timely and/or sufficiently assertive predictions that 4 digits were gone forever (or final).  

How come, says who?
How about this one? No?


Surely not bad.

How am I supposed to know regarding why not?

It was just before this:

Finally!!!!!!

A positive sign.  

aka... proudhon


 Wink

So, Jay or Juan, do you think we will visit $10k ever again? What would it take to call four digits final for you?
Anyway, not waiting for an answer really - it's always a pleasure to float your boat. Cool

4 digits do not seem very likely, at this time.

I had suggested that we could not really have any meaningful chance of feeling as if we are past 4 digits until we get meaningfully above $13,880... and surely it seems as if we have gotten "meaningfully" above $13,880.... so there is that angle in regards to where the bottom might be upon any test or change in momentum.

One piece of evidence in regards to 4 digits still being open is the 200 week moving average, which is merely in the lower $7ks...   

So, the last time that I checked, lower $7ks do qualify for 4 digits, even if maybe our momentum is UPpity from here.. so at some point in the coming year or so, the 200-week moving average will also move into the 5 digits, making 4 digits even less likely.