Quote from: Hyperjacked on Today at 03:03:39 PM

Quote from: JayJuanGee on February 03, 2023, 05:13:00 PM

Quote from: Hyperjacked on February 02, 2023, 08:39:48 PM

Quote from: Hyperjacked on February 02, 2023, 08:41:43 PM

Quote from: BillyCoiner on February 02, 2023, 07:50:36 PM

[edited out]

Fat chance billy bob sorry you didnt get the bottoms in memo at 17k$ 😝

I don't have so much confidence as to presume that the bottom is in.. even though the odds do seem to be getting better that the bottom is in.. but I am not sure how high of a percentage that we can proclaim it to be... Perhaps greater than 35% odds that the "bottom is in?" Am I too bearish with those kinds of numbers that might suggest that there could be greater than 35% odds that the bottom is not in?

Hey Jay
For what its worth I think we have a 40% chance of retesting 20k$ and 20% chance of retesting 17k$ Currently 22,800$
Lots of moving pieces with Bitcoin TA that wasnt the case in the early days of RSI and Bollinger bands.Now Its a mosaic of moving pieces and hidden motives! We have all the talking heads chiming in like experts Charlie Munger with his one eye and group of cronies no doubt they will pull out all the stops and do everything to stop Bitcoin before the next halving in approximately 3/18/2024. I could go on and on and write my own oped but no one cares 😝
2023 will be a crazy year of uncertainty imho
Cheers 😎

I don't really disagree with anything that you are saying, yet I get nervous attempting to assign very high odds that seem to imply that the bottom is in when I consider that we are still in a bear market until getting above certain price points.. so for me, 20%-ish seems too low to be suggesting those high of odds (80%) that the bottom is in... Whenever we might be dealing with 35% versus 20% odds, there does not seem to be a lot of difference there, and I am even nervous about my own number maybe being too low in terms of the odds that the current bottom of $15,479 so far for this price correction might get breached (or tested).

Quote from: Stepstowealth on Today at 08:52:18 PM

Will the disaster in Turkey have an effect on the price of bitcoin, things are really severe over there.

Yes.