Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
milkshock100
on 01/04/2021, 19:25:09 UTC
so once again we failed to breach 60k, the downwards retest begins again.

Yeah, we happen to be stuck at the top of the fucking range, and you believe that there is some kind of significance to downward moves of less than 10%?  In your case, you are drawing attention to corrections of less than 3%.. when we happen to be at the top of the range?

Get a fucking grip, milkshock100. 

There has not been a material/significant BTC price correction yet, and maybe wake me up if we go below $52k, and that level of correction, if it were to come, whether flash crash or something more lasting, would likely NOT be very important, either... so maybe we would need something in the sub $45k or sub $42k to possibly have some meaning beyond serving as nearly pure noise.

Did I day there has been a correction ?

Certainly there have been recent attempts to drag it below 50k, which failed, and those failures resultEd in the recent upswing.

If 60k cannot be breached which at present appears to be the case,  we may well see attempts to drag it down to the low 50k range

Absolutely nothing controversial in any of that - certainly not the bearish propaganda you seem to be implying.