Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 29/02/2024, 05:52:40 UTC
⭐ Merited by OROBTC (2)
...Just checked Gemini exchange.  Still working (that is, got to my account OK, balance is correct), but I did not try to sell anything.  80k is my first sell point.
So you're selling next week then, approximately.
If /when we get to 80k, sure, I'll sell a tiny slice.  Just like I sold slices in 2021 and 2017.  It doesn't hurt to take some profits.  At 90k, another slice.  DCA in reverse if you will.

I'm one of those guys who's never sure about what will happen in the future...  I'll take some of the money and run (like before).

But, I'll never sell all of my BTC.  Never.

Of course, you probably have your own spreadsheets, but feel free to use the raking spreadsheet for any ideas or the one on Google that fillippone created that allows you to plug in your own terms and see the results.

At that price some big money cashes out so it's more BTC in circulation, bearish for the price
Retail ETF investors are buying
Big institutional investors are not buying much
Retail trading is still mostly short

==>82k then down to 45k to clean?

That would be quite unusual to make it all the way through no man's land and then to correct all the way through it .. plus some extra..   I don't buy it.. or at least it does not seem to have very high odds.

I would give higher odds to either mid $90ks or even going past $100k and getting back into noman's land.. perhaps temporarily and maybe even for a few weeks.

Stops triggered some profit taking from 63-61k. I hope to spend some time again below 60k before we’re off to never ever land but we shall see. Reloading

It is imaginary.

We are likely not hanging around here very long..

a few weeks to a few months at most.


hahahahahahaha

The Bitcoin price just dropped $4,000 and we’re still up $4,000 on the day. That’s crazy. If I weren’t an experienced Bitcoiner I might confuse this massive rally with a blow off top and sell here. Thankfully, I’ve got my eyes set on $100,000 and no $4,000 gain in 24 hours is going to shake me out. Smiley

That is pretty whimpy.

$100k

That's old news.


That is the target from last cycle.



Think MOAR BIGGER.

The Bitcoin price just dropped $4,000 and we’re still up $4,000 on the day. That’s crazy. If I weren’t an experienced Bitcoiner I might confuse this massive rally with a blow off top and sell here. Thankfully, I’ve got my eyes set on $100,000 and no $4,000 gain in 24 hours is going to shake me out. Smiley
I also don't see any point in selling some bitcoin now...

say no to "crypto premature ejaculation"  Cheesy Cheesy

Say no to anything that has crypto related with it... .. wouldn't want any of that shit.