Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 08/11/2021, 01:04:53 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.)

Nice...just one note...retail is NEVER going to buy a 64K asset. Not in the cards.
They will buy ETF at a fraction of the price, though, or things like GBTC at 50 or even 150 when it gets there.