Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I think I should let y'all know my current position in BTC: 0.
I got completely out at ~$50k and will load back whenever the 200 Week Moving Average trend line is touched (currently at ~$12.5k but going up rapidly). This could take a year or more; I'm fine with it.
I'm currently sitting at ~5x my 2018 ATH, so I'm not really worrying about the price going up or down at this moment. Just chillin' out & providing liquidity to Uniswap's USDC/DAI pair.
...and yes, I think we've entered the bearish territory.
Non-financially though, I'm *still* in a lot of trouble.
I got completely out at ~$50k and will load back whenever the 200 Week Moving Average trend line is touched (currently at ~$12.5k but going up rapidly). This could take a year or more; I'm fine with it.
I'm currently sitting at ~5x my 2018 ATH, so I'm not really worrying about the price going up or down at this moment. Just chillin' out & providing liquidity to Uniswap's USDC/DAI pair.
...and yes, I think we've entered the bearish territory.
Non-financially though, I'm *still* in a lot of trouble.
I've got bad news for you: you are going to rebuy higher or never at all. x5 are noobish gains man you know that yourself. Congrats on becoming a nocoiner and mindrust v2.0
lol you'll be lucky if this bull trap goes back to even 50k, most likely they are opening tons of shorts to retest the low. And who cares about bitcoin it's an antiquity losing its marketcap to the next big things it will go extinct like the dinosaurs. I have another news for you Bitcoin is now too expensive for 95% of people to even buy one so they turn to cheaper alternatives. Riches can play who has the biggest but new blood to dump on will be lacking unless they are some dumb healthy investors. Also the volume is ridiculous and price artificial they can dump the price 50% with a tiny fraction of the coin supply it's ridiculous. Cheers.