Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 17/02/2024, 02:06:23 UTC
Another day in the books (UTC) and another green candle. That's 11 of the last 12 days.

Gee. Are we in a bull market yet?  Roll Eyes
depends on the timeframe
Short term (days) Yes
Mid term(weeks) not sure
Long term(months/years) Yes.

Short term (days) yes
Midterm (months) yes
Long term (years/decades) yes.

no first we must get into the top 100 see thread link:

https://bitcointalk.org/index.php?topic=138109.msg58617278#msg58617278

number 55375 is in 100th place

so we are close but not there.

What you're describing is a peak market, not a bull market. Of course it would also be part of a bull market.

Where did you come up with the top 100 days list as an arbitrary definition of a bull market?

Well this pretty simple reason. A bull market means profits are happening left and right and up and down.

Technically we are bull for almost all.

But in 60 days miners drop to bear due to the 1/2 ing. Plus all people that got in in 2021 at 55k or more are still losers.

So we are kind of bull.  True bull is everyone one is up.

Right now we are close. 

And 55.5k number 100 on the list would be short.
72 maybe 80k  which I think JJG calls wake me up is true bull.