Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
He Posted this chart around 2 weeks ago and compared it to 2nd leg of 2013 run. I asked him why the first dot of this 2nd leg 2021 is red already while in 2013 it started yellowish orange. He blocked me wtf lol. I did not meant to be mean. Was a serious question since I am no charts and data guy.
He's an interesting guy to listen to but I am still not convinced BTC follows a certain price model.
I agree with the man himself on this model.
1. It will DEFINITELY fail eventually.
2. It is uncanny how well it has worked so far.
I think the chance is likely we see it fail late in this "cycle".