Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I hope it doesn't become habitual for me to take the rap for fans of copying twitter posts. 
You deserve it."We" might need to add you to the petition regarding WO problem members.
"I was taught that if I followed that path step by step,
I would fall into the sea of death,
I turned back halfway through,
I used to be a cowardly clever man,
Since then there are only crossroads and detours before me."
"No man is an island, Entire of itself"*, there will always be different "we" who add my name to petitions of one kind or another. I would say that it is worse to be so inconspicuous that no one will remember you at all when compiling various kinds of petitions. And what would such inconspicuous people do on a forum about bitcoin? There's no doubt that I'm a "problem member".
*John Donne
You may well need to be purged.
My body is ready for up only season.
@rektcapital
Only 8 months left until the #BTC Halving
After that, $BTC will most likely enjoy parabolic Post-Halving upside
In the meantime, there is scope for at least one or two deeper BTC corrections
We're slowly running out of Pre-Halving retracement opportunities
https://twitter.com/rektcapital/status/1687037871822147584
This is going the most monitored halving ever. A lot of money is expecting a bull run until 6 months after halving. I am not sure how can we have severe retracements, even if as usual mixed feelings here: opportunity to stack more sats, bitcoin just being bitcoin vs the joy of seeing hyperbitcoinisation a little bit closer. @rektcapital
Only 8 months left until the #BTC Halving
After that, $BTC will most likely enjoy parabolic Post-Halving upside
In the meantime, there is scope for at least one or two deeper BTC corrections
We're slowly running out of Pre-Halving retracement opportunities
https://twitter.com/rektcapital/status/1687037871822147584
Well what is "severe" retracements? You added the "severe" qualifier.
Perhaps, I might consider going below the 200-week moving average and staying there for more than a week to be severe-ish.
But if the BTC price goes up before it comes back down, then our cushion above the 200-week moving average likely becomes higher so then, it would become less likely to be breached, but still 20% to 50% corrections frequently feel "more severe" than sub 15% corrections, and it seems to me that the 20% to 50% have not been unusual, even during bullish-like runs.
Life changing money, brother.
We only are temporary custodian of intergenerational wealth. I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins.
Well?
That Atlas prediction has already largely been proven to be correct, but still many of us are likely to consider that currently having 10 BTC is NOT quite getting us to entry-level fuck you status, even though surely we should be considering 10 BTC to be well on the path of getting us to entry-level fuck you status (as long as we can hang onto them), and my April 17, 2023 chart shows 10 BTC to be at entry-level fuck you status for our default western-lifestyle hypothetical person by right around 2029.
Still might be a dilemma for people who don't have 10 BTC, and who might be working on getting towards reaching BTC accumulation goals that are much smaller than 10 BTC, and still many of us likely realize that you have to start from where you are at, rather than where you wished that you might be, and if you do not have as many BTC as you would like to have, then keep on stacking those sats.
No one said that the first years of stacking are necessarily going to be easy, even though they might appear to have had been easier for some of the peeps who have been in BTC for 5 years or longer.. and maybe even 12 or more years if we are considering Atlas (if he happens to still be alive).