Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 12/11/2021, 07:39:03 UTC
Roses are red
Violets are blue
Bitcoin is going up
So fuck you

~

From where is that table, bPsycho?  I know that tradingview has 1 month charts..

is the chart that you posted from another site, or are you getting that chart from trading
view?  

Anyone?  Anyone?

It's tradingview software, mobile version by looks of it. Not sure which exchange, but can tell by the logo. Not sure the relevance either to be honest...
It's certainly how it looks to me when I go to TV 1M chart and go from log to linear, which is a scary thing to be doing imo.

Otherwise not sure why I keep seeing occasional panic in the market. Price dropped 10% to re-test 2 week long resistance level, in order to confirm it as support.
It's healthy stuff if you ask me. Liquidate some longs without providing a good shorting opportunity. Volume is the only "concern" right now, not price.

I hardly am concerned about our pausening in a $60k to $69k range, and I won't even be too concerned if there were correction below $55k which is my hypothetical beginning of noman's land.  I just believe that even if there may well be a kind of impetus for noman's land to happen, there are also some bearwhales who are not wanting the UPpity to happen and they can attempt to throw some additional ammunition at the situation in order to delay.. but not likely to stop the passing through noman's land.. and we also know from past experience that if they get too carried away with trying to keep the BTC price down too far for too long then they could end up getting punished worse than if they were to just allow the passage through noman's land... so in any event, they cannot really help their lil selfies from trying to keep the BTC price down as far as they can and for as long as they can while they are still able.. I have almost no clue whether the recent approval of the two futures ETFs in the USA give them more tools or not to either delay or even to be able to extremely delay the passage of our current price through noman's land.  The next two to three weeks are critical.tm

In 2021 movement of a 2000 btc 'bag' is news on the interwebs
In 2025...................200 btc movement might be
In 2029...................20 btc....

At some point...selling of a WHOLE btc will be news.

...Hope springs eternal.

10x every 4-year cycle might be a wee bit more ambitious than what lillie fiend will be able to accomplish.. but spreading that out a bit more might be reasonable, and surely I agree with the overall concept.. I did a quickie look at my 208-week moving average projections and they do go up pretty close to 10x every 4 year cycle.. but still starting with a smaller number there and also a wee bit of a lagging indicator, too.