Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The various tops would have varying likelihoods of playing out such as my SOMA calculations:
above $1.5 million - unthinkable of most bullish of scenarios - about .5% odds
$800k to $1.5 million - most bullish of scenarios - about 2.5% odds
$600k to $800k - 2nd most bullish of scenarios - about 4.25% odds
$300k to $600k - Moderately highly bullish - about 7.25% odds
$100k to $300k - normal range bullish - about 12.5% odds
$65k to $100k - hardly bullish - but at least a new ATH as our top - about 13% odds
$55k to $65k - deadman's zone.. not likely to be a top - about 14.5% odds
$current price to $55k - relatively bearish - about 18% odds
down from here - most bearish - but possible - about 28% odds
I am not sure if I should have all of those odds add up to 100%, but just for comprehensiveness sake, I tallied them up in such a way.
above $1.5 million - unthinkable of most bullish of scenarios - about .5% odds
$800k to $1.5 million - most bullish of scenarios - about 2.5% odds
$600k to $800k - 2nd most bullish of scenarios - about 4.25% odds
$300k to $600k - Moderately highly bullish - about 7.25% odds
$100k to $300k - normal range bullish - about 12.5% odds
$65k to $100k - hardly bullish - but at least a new ATH as our top - about 13% odds
$55k to $65k - deadman's zone.. not likely to be a top - about 14.5% odds
$current price to $55k - relatively bearish - about 18% odds
down from here - most bearish - but possible - about 28% odds
I am not sure if I should have all of those odds add up to 100%, but just for comprehensiveness sake, I tallied them up in such a way.
Well well well JJG is turning bearish?
Not a good sign... I feel I'm going to suffer without lambos, hookers and blow for another 4 years? NOT! I'm more than ever convinced that we're going to reach a new ATH (and subsequently a blowoff top of $150-450k) this year. Hodl strong brethren!
