Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
If you say the BTC price is going down while its going up, then you are likely to correct sooner or later.. and if you say it in a kind of meek and ambiguous way, you are also likely to be right..
I suppose time will tell if we are in a bear cycle.. and really I don't buy your current desire to make a 3.5 year cycle claim.. seems to be convenient at this particular moment.
I didn't say it when it was going up. I said it when we had fallen from mid-sixties to somewhere around the low 40s. And I said I hoped it wasn't the case. We have since slid another 10k in dribs-and-drabs.
But if you like rivers in Egypt, I'm not going to try to dissuade you.
Maybe some expression about rivers in Egypt? perhaps something to do with longness?
As to the 3.5 years, *shrug*. Seems ever halving is followed by a rally and every halving is (a little over) 3.5 years. All just a coincidence I'm sure. You may not buy it but the honeybadger really doesn't care.
No problem with you having your own lil theories. It's a free country, right?