Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 11/03/2024, 17:42:43 UTC
Good morning WO!

I spy with my little eye.... 71k!

So we have now entered no-mans-land. The new frontier (ha, get it? Because Star Trek).

Can't wait for us to pass 100k, finally! Those ETF's sure are doing their job Cheesy. Good.

We entered no man's land at $55k..and it probably lasts until about $82k-ish... give or take a couple k..

Sure, this would be called price discovery (and yeah probably in that regard the new frontier of places not yet explored) since all time highs are being reached.. and hard to even come close to proclaiming that we are approaching either blow off top territory or even over exuberance.. yet.. .. but yeah, if we go to $90k in the next 12 to 36 hours, I, personally, would consider that to be over exuberance... each person likely has their own definition and that's why some people are still waiting for a 50% correction. 

We are not over exuberant. Yet.

Mining pays 12 cents a th

or 6 cents in a month.  That 6 cents is very shitty for mining.

But if we were at 123456 right now we would be at 20 cents a th soon to be 10 cents a th at the 1/2ing

if we are at those numbers after the 1/2ing it would be uncharted highs for miners right after the ½ ing.

Soon to see what happens