Quote from: RealMalatesta on August 22, 2021, 06:26:25 PM

Quote from: buwaytress on August 21, 2021, 07:29:18 PM

Really looks like 50k could be the marker for the rally everyone's waiting for but I personally think the ATH will be the catalyst; we're going to be oscillating like the last 4 weeks in higher ranges until 60k.

That drawback is almost always a sign that someone is bubbling up something and I believe that we are definitely going to end up with something big in the near future. I can't say it with confidence like you have that it will be going up, I do believe that it is definitely that but I can't tell that to others yet because I do not trust my gut enough to try to convince other people about it as well.

However the big movement part is definitely true, that is almost always true on bitcoin that something slowly and gradually happens and then BAM! suddenly you get it. I believe that it could be down or up (probably up) and the price will be like 50% changes suddenly. That is why I believe making moves right now is not a bad idea, it is up right now and people are afraid to get in when it is already up and they are very right, but this could be a rare case going up even after another up.

So here we are finally at 50k again, and so soon after seemingly losing grip on yet another weekly high. The higher high trend on the entire stretch of weekend days played out once more. Not sure who to credit more: Friday bulls or the Monday Asian buyers taking over.

I rarely, rarely dare to back my predictions with confidence, but I'm a little bit of a Sunday gambler, so let's call this my occasional bet on Bitcoin markets. Getting in now for those 50% moves won't be a bad call anyway; worst case scenario is we don't get a new ATH, and then we resume a long bear cycle. Enforced savings until next halving;)