Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
nutildah
on 07/09/2022, 08:19:03 UTC
Bitcoin won't spend more than 240 hours above $20k for the rest of 2022.

Just for fun I decided to try to find the exact moment when proudhoun became a cheeky permabear... it appears to be July 2016:

OP is right, I can confirm, all indicators on the technical analysis charts from China and other places indicate clearly down trend to the bottom. Might stabilize near $100 for a short time before heading further down as clearly confirmed and indicated by all available data. This is bad! Confirmed!

He was unironically bearish in Dec 2013 / Jan 2014, but had every right to be, and called that top near perfectly. Then he kind of took a break for a while.

He seems to like to come back after massive run-ups and then pile on after massive downswings.

Was hoping to find evidence that he is a perfect counter-indicator but alas Jim Cramer is much better at that position.