Quote from: Hueristic on Today at 01:14:23 AM

Quote from: philipma1957 on Today at 12:17:36 AM

buddy lets see more 7's
17777 would look good.

Not selling a damn thing before 77777 so whatevers.

That seems completely reasonable since it is ONLY about a 4.44444444x price appreciation from here abouts...

Just don't sell all of my lil precious... or any more than 4.44444444%, give or take.

this is not financial advice... even though it is. Tongue

Quote from: Gachapin on Today at 03:00:02 AM

Quote from: JayJuanGee on Today at 02:19:27 AM

Quote from: Gachapin on December 13, 2022, 04:23:00 PM

Quote from: BobLawblaw on December 13, 2022, 03:53:10 PM

It's a trap.
We gunna domp.

yes, probably. we are in a bear, so what else could it be ....apart from bottom in and end of bear

You are as clear as mud.
justsaying.

meant the only chance that this isn't a bull trap is if the bottom was in and we went up from here (= end of bear)

hope it's less muddy now

I suppose that I just have some difficulties appreciating the various descriptions tied to potential "what if" scenarios.. even though i don't really mind considering whether we might be going up or down from here... but still a matter of framing, I suppose.

Surely we can look at the charts and we can see that BTC prices dropped below $18k-ish on November 9/10th -ish and have not really returned above $18k... so do we have enough momentum to continue up or not? I am not sure, and even if the BTC price does not go up from here (in the short term), I likely continue to have difficulties calling what movement we have gotten so far as a "trap" even though effectively it is accurate to label such a inability to continue up as a "trap".. especially if there were to end up being correction rather than flat from here.

Maybe a lot of the details do not really matter so much to me..? Whatever whatever whatever.. because in some sense from my thinking, we have m mostly been bouncing around in unprecedented sub 200-week moving average prices since about mid-June - so for right around 6 months.. and so we have continued to have ongoing and continued degrees of staying below the 200-week moving average - and up to 36% below the 200-week moving average.

Do I consider the various degrees regarding how far we are below the 200-week moving average as noise that is difficult to accept as a significant and material framing? I am not sure. I am not really even proclaiming that the bottom is not in.. yet.. still how much can I care about if we happen to be 10% below the 200-week moving average 20% below, 40% below or some other number, even though less is better in this case... even while just continuing to deal with it.. and yeah.. maybe some framing might be helpful but it is just not really sinking in for me... in terms of how much to worry about how far we might happen to be below the 200-week moving average.... it is like depressing.. but still way better than 2015, at least for me... even though technically it is worse... so what am I going to say? besides fuck the technicals?

On a personal level, I had been considering various ways in which I can attempt to account for some of my ideas regarding how to calculate bottoms and how to consider budget management which considering bottom potentialities, and then maybe at the same time, if the BTC price goes up, does the bottom issue go away? Maybe not. maybe we are still going to be facing some of these kinds of below the 200-week moving average considerations in the future, and some of us (including yours truly) might need to consider another indicator, such as the 300-week moving average.. but there is way more information that has been developed about the 200-week moving average rather than about the 300-week moving average. who wants to go to the 300-week moving average, unless we have to and unless this is not just ending up to be a one-time situation.. but knowing bitcoin (to the extent that such a thing is even possible).. maybe there continues to be some needs to account for extremes that go beyond previous extremes. Perhaps? perhaps?

So call me non-cooperative if you must.. ..