Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 17/03/2023, 18:31:09 UTC
⭐ Merited by LFC_Bitcoin (1)
Are we preparing for a bull run? I am surprised because I did not think we would see above $26000 again this month and the news is all positive atm. If you google Bitcoin you get results of experts predicting above $30000 and while I try to keep a open mind I do not always fall for what they call experts but it does seem that the overall attitude is positive and that should help create hype and push the price up further.

Frequently, I am of the opinion that momentum tends to be more important than hype.. so if momentum can be obtained, then sometimes that momentum might be sustained for a while (until it is not) and will take the BTC price beyond expectations.. whether to the upside or the downside.

At the same time, I do not tend to take any momentum for granted (except for maybe if I perceive that we might be in a deadman's zone, and even then, usually I do not tend to alter pre-existing orders) - even though I try to enjoy such momentum while it is happening.. even if I might remain somewhat nervous in regards to how long it might last while it is happening...... and my nervousness, likely comes from historical reverses of momentum that don't really seem to have much if any explanation, except maybe looking at them after they are over.. whether any of us might be able to identify a crazy-ass wick going down or a crazy ass wick going up.... and sometimes even something like that does not end up resulting in the actual bottom or the actual top of a king daddy price run.


Yeah..

but what does it mean?

Hopefully it does not mean top, or double top.. couldn't be double top.  That's not even close to a reasonable interpretation, right?  Might need to see more.


[1] https://twitter.com/BitcoinNewsCom/status/1636775232525549569
BTC = pump their wealth + pump their health
Cool

Meat and fat (animal fat) are likely more healthy to eat than fruits..

But whatever, a somewhat minor technicality.