Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
......I had gone for about 5 years w out missing reading a single page of comments....
Yeah right.
You have barely been registered here for 2.5 years and your participation has largely been sporadic and shit-stirring... but of course, whatever, you do like to exaggerate a weeeee bit. AmiNOTrite?
We could maybe speculate that your nym's tendency to exaggerate is a feature rather than a bug, no?
Just waking up and my jaw dropped when I checked the chart. I didn't expect that! Well played bulls, well played! Once again the panic sellers, trolls, bears, etc. were beaten hard
Sure, we got back into the $60ks, so kind of deflating the bets of those who were considering $60k as insurmountable in the short-term, but still the price move is hardly anything to write home about in terms of going from mid $58ks to mid $60ks.. with a little bit of a blip (so far) of $6,1222. That would be around a 5% jump, so far.
For sure, I am not attempting to poo poo any of this, and of course, our weighted average may well get back in the top three and perhaps even get back in the top space, so maybe I should not even be downplaying this price move because I agree with the overall point about the price movement causing nervousness in the down voters.. including that some may have already been holding on by a thread and such further move up ends up s liquidating their position(s).
So, surely having a BTC price that currently is within only about 1% of the current ATH of $61,782 makes the ATH seem almost inevitable to fall within a relatively short-period of time... will it fall in the next 24 hours, or no? how about the next 3 days? week? does seem that odds are in favor of it falling, then then next question might be whether we can get all the way to $65k? ort $70k? or is there some higher price in our immediate future? Surely there are some people suggesting that there is NOT a whole hell of a lot of resistance between our current place and $100k, and hard to argue with those kinds of claims, and once we consider that $100k within striking distance and decently probable, it just becomes a question regarding how long? Are we talking weeks? Months? or quarters?
Any of those timeline scenarios would be bullish, and I would be more inclined to consider 1-3 months to $100k, even though hardly would be surprised by some other variation playing out.. because maybe I am only assigning around 35% or so odds to such a scenario - even if it may be amongst the scenario with the highest odds in my current contemplations.. and yeah, of course, the 5% or so jumpening of the last 12 hours or so, does help to support such current contemplations.