Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Westingcote
on 26/07/2021, 20:11:34 UTC
⭐ Merited by JayJuanGee (1)
We have had plenty of no coiners, bitcoin naysayers, shitcoin pumpeners, traders and/or those inadequately pee pared for UPpity who have gotten fucked (or at least missed their opportunities to get rich as fuck) because they were failing / refusing to adequately pee pare their lil selfies for UPpity because they thought like you... "down before up" is a necessary condition in bitcoinlandia... hahahahaha..

Remember... we are in a bull market, and a 56% correction is pretty damned BIG, and there was two months of fortune (if it can be called that) in which the BTC price largely bounced in a 35% to 50% correction zone.. .and sure, we are still there... for now.. but no guarantees that we are either going to continue to stay in such 35% to 50% correction zone or that we are going to return to such zone in the event that we end up breaking UPpity... by the way, I am still of the position that we cannot really rest assured that our $28,600 bottom is "in" until we get above $46k  - and surely there is still a bit of a distance to travel before getting there (only got to $40,581 so far, as I type this post)....




I think it's true that we've had some good news about Bitcoin for about two months now which has had a positive impact on the economy that the price of Bitcoin is starting to rise again. I think we'll hit 50k for that then we'll see a price adjustment. As long as we can believe the rumors with Amazon that they plan to use Bitcoin as payment we can expect to go to one of the biggest runs we've seen so far but it is unclear weather those claims are accurate.