Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
In my opinion, I don't expected any deep drop in price anymore. That era is gone and soon volume will begin to increase as well as the price.
That's the spirit!!!!I am glad that you moved away from the earlier doom and gloom in your post, but we know it is good to be prepared for either direction, which surely is a thing that is possible to accomplish.
All within the same post?
That seems to be more appropriately called "wiffle-waffling."
I would not call it "learning and growing.".. but hey.. whatever. You do you.
Actually, the market have a way of putting one into confusion especially with this extended consolidation. Nevertheless, I have always maintained that we are not going to go south down to $24k region; this is my general bias and expectations. Prior to we having this conversation, I was a kind of fixed on this bias and never willing to consider any possibilities of a drop to even $20k or lower. That seems to be more appropriately called "wiffle-waffling."
I would not call it "learning and growing.".. but hey.. whatever. You do you.
It seems that in the past few weeks, I had posted in another thread and disclosed that I had around 2.5% of my total BTC allocated investment funds that are in cash, and so currently, I have BTC buy orders all the way down to $13k-ish, but I really don't expect anything to fill lower than $24k-ish.. but sure if some of them end up filling lower than $24k, then so be it, but I don't expect it and I don't even want it...
But later learnt from your above that even though you wish price never get lower, you already made plans for such scenerio... that is the learning I was emphasizing. I have come to understand, from this discussion, that the market need a lot of flexibility instead of being fixated on a bias.At least we have a common ground which is an upside move for Bitcoin.