Quote from: OgNasty on Today at 02:34:40 PM

Quote from: bitcoinPsycho on Today at 02:31:47 PM

Interesting

This has been a pretty predictable pattern for quite some time now. Given how human beings naturally seek out patterns, I think it is likely that no matter what happens in the markets, traders will fulfill this fractal prophecy with their own expectations and actions. I’m not sure if after this cycle there will be any larger players left to continue it after Wall Street, so I would recommend taking a little off the table whenever we do peak, likely around Q3 of 2025.

Of course, there is likely going to be a decently sized drawback, just like happens with all of the blow-off tops that we have had so far, even if sometimes the blow off tops do not seem to be as large as previous blow off tops, and sometimes we might consider that a blow off top has taken place, and it is not over yet.. So how are you going to know when the blow off top has actually occurred?

And to give you some benefit of the doubt, maybe you are not suggesting to know exactly when or where the blow off top is going to occur, and maybe I am not completely opposed to your overall suggestion, especially since you are suggesting to take "a little" off of the table, rather than some kind of a less responsible suggestion that involves playing with large amounts of your BTC stash over these kinds of BTC price dynamic uncertainties.

Regarding the BIGGER players coming into the space, I think that there are still a lot of BIG players that are going to be able to come into the space, and I am wondering how much that someone like Blackrock and anyone following them are really going to be putting into bitcoin... if you can believe anything that those already known bad actors say.

There are a lot of BIG actors that are likely hesitating to come into bitcoin, including governments, and can you really imagine that some of the bigger wallstreet players to really be coming into bitcoin, because if they did come into bitcoin with anything higher than a 10% allocation, there is no way that they would not end up moving the BTC prices to the upside in very substantial ways. With our BTC price movements so far, we hardly see any kind of meaningful entrances into BTC, and I am not going to agree to witnessing any meaningful wallstreet entrances into BTC (in spite of what they are saying) unless we end up seeing BTC prices in the $1million territory.. perhaps in this cycle?

Otherwise if we are not seeing BTC prices in the $1 million territory, they are not likely meaningfully getting into dee cornz.. in spite of their "talking it up." And, by the way, $1million is LESS THAN a 15x price appreciation from our already existing ATH... so does not seem to be much if any kind of meaningful stretch of the imagination to consider that bitcoin should fairly easily be able to reach $1million territory in this cycle.. but I still would not give it high odds of happening, even though they are not small odds either.. maybe in the ballpark of 10%-ish to see BTC price in and around (perhaps not breaching) $1 million in this cycle.. so within the next 3 years or so?