Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
ImThour
on 21/04/2022, 05:40:29 UTC
We're close to halfway between halvings.

The exact middle will be block 735000.

I personally love halving. 2020 Halving was my first buy, I sold at 58s level. When BTC went back from 28k to 69k, I thought I fucked it up however, now I think it was a good decision.
We all need some patience in our life to get the best out of it.

Most probably, my second and biggest BTC buying will be close to the upcoming halving or when we reach $24k (if we ever reach that point).
In short, waiting for halving. <3

Oh my.

I see that you are still delusional to be waiting for $24k in order to buy.

Sure, such a BTC price level could end up happening within the next 4-6 months, and the slowness of the 200-week moving average moving up could cause the 200-week moving average to get to $24k around 3 months from now, which is approximating that it is going up around $30 per day for the coming 90 days or so (and it is currently at about $21,300).

I still doubt that the odds of the current price reaching the 200-week moving average is a very high probability, but sure there are folks who are waiting for those kinds of measurements for their justification in buying BTC.. and from my own personal perspective, it seems way to risky to be fucking around with that kind of level of greed and lack of confidence in the upside face-ripping (and punishment) potentiality of bitcoin.. historically bitcoin has had a pretty decent track record of punishing naysayers, no coiner and those who either sell too much too early and/or fail/refuse to prepare for UP by buying a sufficient and adequate quantity of coinage (within their capacities to do so). 

For sure... Your milage may vary... and for sure, everyone has a right to have fun staying poor... not going to deprive you of those kinds of funzies.. have seen it many times with folks talking their lil selfies out of sufficient and adequate preparations for UPpity.

I would love to buy BTC at $50k at halving rather than buying it at $42k today in between the cycle.

I am not waiting for $24.5k, I just gave an example. I am willing to buy Bitcoin at any price once it reaches the realized mcap aka the true value.
Either it be $50k or $60k. I don't see any loss for those who bought at a realized mcap accumulation phase, so I expect the same for my future.