Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 07/11/2021, 22:04:04 UTC
$63k in one two hours Tongue
Hope chart buddy accepts your proposal but here we are seeing pump for ants  Grin


Yes the volume is virtually non existent

One of the most interesting parts of this "cycle" in my opinion.  It is not retail.  The retail markets are nothing more than an unreliable oracle so far.  And the majority of acquisition is happening in dark pools.

If retail DOES start to buy this cycle they are going to soak up the available float so fast it will make peoples eyeballs pop out.

Watch.

(If it does not happen this time, which is hard to even accept as possible without some giant global macro black swan... it WILL happen in the next cycle.)

I still like the extended cycle in which we possibly go sideways until the next cycle and the drop this summer was the low point.

Bitcoin no doesn't go sideways when in the midst of war.

Have you heard about the concept of war?


I prefer over plan b model and the idea of not topping off but going sideways ending the four year cycle pattern is possible.

Sure.. possible, but don't be crossing that bridge too soon..


we not even close to being there yet (until we are).


I suggest looking at mining growth patterns from now till the spring. 

Fuck mining growth patterns.. they are not relevant.

They are about as relevant as looking at shadows in a cave.


But as the daying goes another day another stack of sats.

Fair enough on the stacking of sats.. Hopefully you are not being too whimpy in terms of that angle... Good luck, sounds like you are still under pee paring ur lil selfie.


Ok... now it's my turn to get salty...  Wink


 Cheesy Cheesy Cheesy Cheesy