Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
machasm
on 03/08/2023, 15:10:44 UTC
⭐ Merited by JayJuanGee (1)
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.

I think we were robbed of a parabolic, blow off top in 2021. The macro financial, worldwide situation due to COVID and China banning bitcoin at such a pivotal moment in the bull run stopped us going to over $100,000 imo.

This time we have multiple probable Spot ETF approvals by big players. I hope I’m not being deluded when I say, I think $180,000 to $250,000 is likely in 2025 at some point.

Life changing money, brother.

I also think a big part of the lack of blow off top was all the scam exchanges, lending companies, and other fucktards selling off all the bitcoin of their clients to buy shitcoins instead.

I believe that one day we (as a race, and not the esteemed members of WO who already appreciate this) will look back at this and say 'what were we thinking?' We swapped the most valuable thing on the planet for some worthless garbage so that we could trade that for FIAT (more worthless garbage).
I guess the only way to learn is the hard way for many people.