Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Seems like $26,000 is the new steady-state price... For how long? "Please, Bitcoin, do something!" etc., etc.
It always locks on round numbers. Must be human psychology. Would be interesting to see the price lock at $26,450 for a change. Or, even better, lock at $264,500.
It always locks on round numbers. Must be human psychology. Would be interesting to see the price lock at $26,450 for a change. Or, even better, lock at $264,500.
(Most) folks just tend to be drawn to simplicity.
I confess, me too. "Buy and hodl" is my favourite
Back in the early days, I used to set limit prices based on the digits of Pi or other math constant. Like $314.159. It was fun to spot the transaction as it went through in the order book. Now I just do round numbers like the rest of us.
PS: This could even be an OPSEC issue I guess (but I bet there are many more OCD types out there)...
Yep, all my buy prices end in XXXXX.88
If you see those on the buy books, you know it is me!
