Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The easy solution is to just divest the alts and put it in safe investments like gold, silver, land and... BITCOIN.
Holy fucking shit cAPSLOCK. Do you require a bat slappening to get you to snap out of your seeming delusion to depriortize bitcoin in your above list of supposed good investments.
Your thinking seems to be muddled.
Did you forget where you were, brandon?
hahahahahahaha
......... run to the safety of hard assets like precious metals, real estate and BITCOIN.
oh my... You did it again...
My point is RETAIL (not the WO thread) is NOT interested in BTC right now. They have not been since they bought between 13k-20 in 2017, held and lost at least half their money.
Institutional buyers have been filing in over the last 5 years, and some of the smarter one offs. Billionnaires, home offices and the like.
I would say the average WO denizen is somewhere between 20-80% in Bitcoin. But the average monkey jppg buyer has less than 5%.
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The rest of your post is good enough including the reference to various scenarios. I should clarify my moderately bearish up/down/sideways numbers are meant to be interpreted as VERY short term.
I think right now we are biased to choppy/down scenarios. But with a good non trivial chance at defying them. The reason for this is the macro environment is horrifying. Ultimately this makes Bitcoin more valuable. Bigly so. But maybe not during the next month or two.