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Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 02/10/2022, 18:47:43 UTC
⭐ Merited by Cryptolove20015 (1)
There's no way to take BTC big moves lightly! 1st April btc price was 46.5k, btc has been dumping ever since June 13th a weekly close at 26.5k, weekly close below 27k and next week btc is around 17.6k. BTC Next Big Move Jodi Down Then Win Around $11-9K! What happens if the BTC pair moves up instead of down?
I would really like to see BTC at 27-30K😇.

Bitcoin update

Did you actually write that Cryptolove20015?  You must be using Google translator or something like that - and at that same time, something has been lost in the translation - because your characterization also comes out as weird - even though I believe I get your point.

Even though you said that bitcoin has been moving down since mid June, it seems that you may have been trying to say that bitcoin bottomed out in mid-June just prior to having a June 13 weekly close at $26.5k and has been failing to significantly move up since that time while a good number of Bitcoin doomer and gloomers have been fairly credibly predicting lows in the $9k to $11k range, but they would surely be surprised if the BTC price were to go up rather than down (into the $27k to $30k range - contrary to an overwhelming amount of expectations for DOWNity. 

I am not really against any of what you are saying, yet the longer that we continue to have these grinding downs even causes some skepticism with any of us trying to retain some hope of a UPpity break-out.

Can these kinds of feeling be summed up as:  "Hope for the best, and prepare for the worst." ? ... ... Surely there are both better and worse scenarios than the ones that you had outlined, and for sure any relief rally would give us some kind of hope - even though something like last week's quickity bump from $18,600 to $20,400 does not seem to feel as good when we end up largely getting back to those prices and then bouncing around in the lower $19ks - and of course, some of the beartwats are also exaggerating some of the BTC price dynamics in order to paint their bitcoin doom and gloom picture by suggesting that we have not had any meaningful and/or significant relief rally all the way since our having had begun to drop from our November 2021 ATH.. so those are largely characterization claims that attempt to justify a prediction rather than really accounting for the reality that we cannot exactly know when our bottom has been reached until subsequently getting sufficiently high above it in order to proclaim that it is in.. and even those kinds of proclamations would have some kind of probability assertion, rather than being certain.

By the way.. don't get me wrong.. it seems that I am the same as you (Cryptolove20015), and likely many of the other dominantly BTC HODLers who frequent this thread in the frame of mind to welcome UPpity outbursts whenever such UPpity outbursts might come - and we have had several of those kinds of "relief rallies" in bitcoin's history - while at the same time it can seem like forever waiting for them.. and for me the 8-ish months in 2015 felt like forever for me.. and the seemingly ONLY 4-5 month wait in late 2018/early 2019 did not feel close to as painful as the 2015 wait....   Every time, we can say that this time is different in the sense that there are always going to be differences that cause the uncertainty to feel real this time.. and maybe the bearwhales have to cause those kinds of feelings to the extent that they are capable of accomplishing such pain and suffering upon the BTC HODLers .. in the sense of pushing the BTC price down as low as it can be gotten and to keep it down as low as it can be kept for as long as possible.. yet it still seems that at some point they will run out of ammunition.. We do have a limited BTC supply and it does seem that having such limited supply could cause some of those big cocky beartwats to get sufficiently reckt.. even if they might be a very large institutional actor, as state or some combination of those kinds of historically manipulating twats who want to (and feel that they can) always get their way (until they don't).