Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Still not 100% following you, but this dip was certainly nothing like the 2017.
it's almost a rule that in a bullish phase the lows of bubbles are not lower than the former highs of the pre bubble. there are very few exceptions if you scan the chart.
it's very clear for me that this is not the end. why you guys have so much s**t in your panties?
Sorry, for some reason I'm just not understanding what you were getting at. It's your wording that is confusing me.
IMO though we have witnessed another March last year type of an event, brought on by mass FUD attack, completely overblown by the noobs, and therefore any technical analysis based off it is completely inaccurate.
Including the low being lower then the previous high.
man is my English so bad?
Yes.. You suck.
what was the ATH of 2013? $1163
did we ever go under this level after the 2017 ATH. NO.
did we ever go under this level after the 2017 ATH. NO.
Who fucking cares?
March last year was a very big black swan event. we had something similar never in the short history of Bitcoin.
Bitcoin is a baby.. so of course there are ways to miss what the fuck you are talking about or what is important by attempting to describe almost every single situation as unique and then when you do try to draw parallels you are drawing the wrong ones.
after ATH 2017 we had a crypto related black swan event in autumn 2018. the Hash War of BCH and BSV. that was the lowest low of the bear phase after 2017 ATH. even the bigger black swan event of March 2020 drove the price not below.
The BTC price went below the 208-week moving average in March 2020, but it did not go below the 208-week moving average in November 2018. So there is that angle, too in terms of trying to figure out severity or not.. suddeness or not.. unprecedented or not.
if you cross a former ATH I consider it as a bull phase until the next ATH.
Sounds like more short term and selective thinkenings, but hey.. you do you. If that is what you believe, then so be it.
this next ATH of the future is of course not predictable but if you consider a logarithmic scale it must be much more higher as the previous ATH because the inflation is halved on the halving event.
It is probably true that we are going to continue to have hype cycles in BTC that produce higher ATHs every 4 years that is surely part of all of the current BTC price models that outline this concept much more eloquently than your seemingly inventing the wheel (again) descriptions, Gyrsur..... #nohomo
juansnowgee...fuck off 
Look who wok up on the wrong side of disney landia
it was said with love...its Thursday after all.. someone is needed for blame...guess what..
Haha, someone lost track of his days!
Not possible.
Must be needing a firm ware upgrade... gotta be some kind of trick here..for sure.
Never trust a fellow WO peep.. who may or may not be on the same pagina (get your minds out of the gutter).
Protip