Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
OutOfMemory
on 19/11/2020, 11:54:07 UTC

^ considering the long wick of the currently developing weekly candle, bears seem to be in control at the moment.
This seems way too negative, OOM.

We get a wee bit of a slow down of the UPpity, and all of a sudden you conclude that bears are in control.  Fuck the bears.. they are not in control of shit.. at this time... at least NOT in bitcoin.


Hold on, JJG. I was argumenting in short term context. Bears "control" that weekly candle.
Mid-term i'm not bearish at all. All the bears can use the infamous length of rusty pipe on the back of themselves, imho  Grin

EDIT: Please look at the quotes around "control" (above) Wink

I think that my comments pretty much speak for themselves, even if I did NOT mean anything personal.

Yep. Didn't take anything personal.

Quote
I am trying to make substantive responses in a quasi-public thread attempting to address both broader ways of thinking about questions of where we might be at (price-wise) and where we might be going... and I still doubt that it is helpful to suggest that bears have somehow taken over, even if just referring to short-term.. it is a problematic phraseology.. even if it might end up playing out.. .... in other words, way too soon.. to come to that conclusion.. in my current thinkenings.. as I already largely said in my earlier post.

I agree on "poblematic phraseology". In fact, it's problem oriented, but i didn't want to create the assumption that "bears have taken over", i prolly should have written "bearish moves have more weight at the moment". However, what bears do, on the other hand, is keeping the increasing price down - or delay the constant uptrend we all are observing since weeks/months now. Bears create buying opportunities, mainly for dipseekers, like me. I don't want to seem like somebody who is seeing "bears" positive (or negative). I try to think opportunity-based in this manners.
But yes, when in a hurry, i tend to express myself rather not-so-precise, more often than not.