Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
This week will be epic both for Bitcoin and me! The long awaited ETF will be a fact by Wednesday. On that day I will receive the keys of my new home. The next day my super computer will arrive. On the day after I will get 1Gb optical internet. Not to mention my new job, where I quickly became a boss. And the city is so nice and developed, I fell in love with it. The only bit missing in this puzzle is the price 130K+, when I intend to pay off my mortgage in full 
Nice...tell us more about a "supercomputer" 
Going from keys on Wednesday to paying off mortgage at 130K...wow.
It totally makes sense to pay off a 6-7% mortgage, though..as long as it's only a portion (or a small portion) of your bitcoin.
Some people seem to be allergic to the power of compounding... meaning they don't have enough patience to wait for it.
In other words, they see short-term pumps and they play it, since they cannot resist. Accordingly, sometimes it works for them, and other times it doesn't work so well.
Remember Ivomm was one of them crying in the low $20ks and probably waiting and hoping for sub $12k. that did not happen, and then all of a sudden, he is back on team bitcoin profits.
Small steps in 2013 (check the vid):
https://www.youtube.com/watch?v=vOu6n44ldJU
in 2021 the same dude said that he hodled, but something in his voice tells me that he didn't, but maybe he hodled "enough" (ignore the s-t coin reference there):
https://www.youtube.com/watch?v=IEbhRKVH8bo
https://www.youtube.com/watch?v=vOu6n44ldJU
in 2021 the same dude said that he hodled, but something in his voice tells me that he didn't, but maybe he hodled "enough" (ignore the s-t coin reference there):
https://www.youtube.com/watch?v=IEbhRKVH8bo
When I clicked on those links, I thereafter came across this 45-minute YouTube video that went into the August 2016 Bitfinex "hack," and so it is showing some interesting bitcoin history, even though it is difficult to believe some of the recovery pieces.
It seems that one of the seemingly main propaganda points of the video is to show how wonderful law enforcement people are to "crack down" on "crypto" criminals.
Very hard to see Bitcoin price surpass $45k since last year and is still having same effect this year, $44k now and I'm expecting it to go back to $43-42k any time soon...
Yeah but it does not matter, if BTC prices might be stuck between $45k and $40k or maybe a broader range of $35k to $55k.. we are moving around within a zone.. and yeah, there is a certain amount of ongoing UPpity BTC price pressures, but still I doubt that we are even outside of the don't wake me up zone, even if we get back above $46k and even if we make it as high as $55k. 
Surely some folks are going to get excited in the supra $50k prices and up to $55k, but personally, I am still considering those as kind of given prices and part of our current range.. so yeah, you are even more of a party poop, perhaps bear wannabe, that you are considering supra $45k to potentially be difficult to achieve or even to suggest that anything between $40k and $46k would be anything except nearly pure noise.
Even if you concede to go up to $50k with your range, from what I had already mentioned, you still seem to be in the noise area. Wake me up when (or if) BTC prices break above $50k.
But from what I'm seeing I don't see the market price going forward without coming back to $40k anytime soon.
The famous "down before up" viewpoint.. It is still within the noise are.. so sounds like a "BIG so what?" Even if you might be playing around with trying to trade those kinds of small ranges..
What should be the question is what has been holding it up to this moment without getting past $45-46k and still going forward?
Another BIG so what. There is no need to explain that BTC prices sometimes consolidate.. It is a boring (uninteresting) question (at least to this here cat) that likely does not even have an answer, so why even waste time with trying to guess?