Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Thread seems pretty dead for beating on a new ATH no?
Or you all to busy crossing your fingers and rubbing your hands together?
Or you all to busy crossing your fingers and rubbing your hands together?
Yeah. You. Are. Right.
The reason is that the last few years felt a bit depressing when looking at the price. And now, 20K just doesn't feel enough anymore.
Maybe at 250K some of us will get some 'inner spark' so we can combust and burst in flames from the excitement, that the whole world is giving a flying buzz about the price. But that will not happen until all sorts of media sources start buzzing some sort of nihilist attitude towards Bitcoin, and every time the price goes up against their propaganda and eventually they capitulate in saying every week that the price will crash.
Imagine telling the media every week that trump won fairly after a new recount for that week, and they would just give up after a while to try to convince the majority that anything over 50% it is actually less just because they can't accept it.
20k today is lower then 13k was last july 2019
So if we make 25-30k this year we equal july 2019
to make dec 2017 high of 19666 now today we need to be at 78k
while all of the above is based on mining profits and most coins are already mined mining still has some influence on liquidity of btc.
I would not get very excited until we clear 50k.
which is why most 20k speak is meh who cares.