Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Finally, new ATH, at least on Bitstamp (but, as I understand, not on all major exchanges) Great! I am glad that I was wrong when I thought there will be no new ATH until the next (2024) halving.
I am glad that you were wrong too... Was not too difficult to be wrong - by four years, at that. You need some bitcoin edumacation to bring you up to speed about the power of king daddy. You seem not to know it.. maybe even not knowing nuttin.
I think I know something, at least
I have been watching it from time to time since 2011 (in autumn of 2011 I thought it was dead and 2013-2016 cryptowinter was too boring).Still below $20k though.
Here's part of your problema.. focusing on irrelevancies.
I am still not sure that $20k is irrelevant. There are big sell walls at $20k and so far they have been impenetrable. The resistance is very strong. I think there is still a possibility, although a slight one, that $20k will not be broken for a long time. Yes, we had a new ATH, but it is less that 2% higher than the old one from 2017.
While people here talk about $100k and above, I am not sure that we will see even $50k until 2024. Of course, in case of widespread institutional adoption it may be different.