Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
It's On! 
https://www.zerohedge.com/markets/greenpro-doubles-overnight-after-100-million-bitcoin-investment-and-heres-real-news
$650k figure mentioned
https://www.zerohedge.com/markets/greenpro-doubles-overnight-after-100-million-bitcoin-investment-and-heres-real-news
$650k figure mentioned
Full article:
Bitcoin At $650,000? One Stunning Chart, And Why JPMorgan Thinks Nothing Can Stop It Now
What now, ZeroHedge behind a paywall? First time for me. The article is not too long and heart warming for bulls.
TL;DR: Bitcoin too big to fail for the time being (but keep watching closely). "This time is different". In HairyPoll's terms, it's option 4.
My TA says we are running too hot right now. Currently we are at the March 2021 price and it’s only December so we are roughly three months ahead of schedule.
Likely scenarios are:
1. My TA is shit
2. We are aiming for a 2013 crash (although I would say we have not yet gone parabolic so this is a lower risk)
3. We will stagnate at this price for 3 months and everyone will get bored
4. This time it is differentTM and This Is Gentlemen please pick the colour of your helicopter (no black helicopters please)
5. We are going to have a mild dump heading into early January and then bounce.
Personally I’m going with option 5. Again I am not trading this - it’s not worth the risk.
Edit: If we make it to 15 January without a meaningful drop, options 2 & 4 become more prominent (never forgetting option 1).
Likely scenarios are:
1. My TA is shit
2. We are aiming for a 2013 crash (although I would say we have not yet gone parabolic so this is a lower risk)
3. We will stagnate at this price for 3 months and everyone will get bored
4. This time it is differentTM and This Is Gentlemen please pick the colour of your helicopter (no black helicopters please)
5. We are going to have a mild dump heading into early January and then bounce.
Personally I’m going with option 5. Again I am not trading this - it’s not worth the risk.
Edit: If we make it to 15 January without a meaningful drop, options 2 & 4 become more prominent (never forgetting option 1).
AlcoHoDL +1 WOsMerit
HairyMcliary +1 WOsMerit
And not to inflate WOsMerits too much, I awarded my last "boring" merit to Krubster for his brilliant fusion of the Hairycopter with our favorite rollercoaster ;-)