Bearish if we don’t hit atleast $49k..
That's quite a random number. Or is it?
Seems that you have picked such random number out of your a** that is just short of where we have already gotten within the past 5 hours, which is $48,500. So you asserted that if we do not make it up to your random number, then the market is bearish - which comes off as nearly pure gibberish.
Seems that the more realistic approach would contain more zoomed-outedness to it.
but yeah..... we had a price correction down to $28,600 in June/July after our $64,895 top in April.
We had a recovery that brought us back up to $53k in early September
And then a crash back down to $39,573 in the past 10 days....
so far we have made it back to $48,500 in the past 5 hours
that is from $44k to $48,500 in the past 24 hours, but within the past 5 hours, we have not been able to get above $48,500... Is there anything to see here, yet? I am having my doubts.
Seems too soon to call whether the UPpity would be done yet or not.. and if there were to be any kind of urgent need to reach $49k when we have already reached $48.5k, no?
Seems to me that we need a bit more data before coming to any kind of conclusion regarding where we are at and what it means - beyond that there are ongoing UPpity price pressures, and if you believe that we are revisiting $39k, that could be the case, and I am not even sure if that would be bearish, if it were to happen.. but let's see.. let's see.. The weekend is critical.
tmI can very quickly - through the back of my head - make a list with genuine people/accounts in here too.
As for the rest, they have an agenda & vested interests - apart from our common denominator BTC.
To be continued.
Cry more, you little bitch.
Bob he is a lovely guy.
Yes, deep deep deep on the inside, he is lovely so long as he gets his pacifier and no one gives him a keyboard - or would it be an ipad?
The last little peak was just shy of 49..
I want to see this peak break a touch higher than the last peak to feel bullish..
Putting up a lower high feels bearish..
Pretty simple really..
Scientific? No..
But I have been watching these charts for a very long time and feel decently confident in my intuition..
Do I mean end of the halving bull run? No..
Just that we aren’t done with the bearishness since the last high to 52 ish..
I want/need Bitcoin to moon just as much as anyone else here..
I hope people are right about it dragging on another 6 months or so instead of peaking within 2021..
I would really rather not sell anything more within this year, but I do plan on taking a little off the top to use some of it and hopefully buy back lower with the rest..
Probably with about 20%, and I’m targeting north of $200k..