Post
Topic
Board Speculation
Merits 3 from 3 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
somac.
on 03/08/2024, 08:18:54 UTC
⭐ Merited by bitcoinPsycho (1) ,vapourminer (1) ,JayJuanGee (1)
Please go up Bitcoin.

Some of us have hopes and dreams of extreme opulence.

I’m going to need you to start providing me with plentiful green candles.  

For the benefit of a friend, I would like to hear more about the "extreme opulence" ideas.. Does it involve grapes? and/or whipping cream?


Fine dining and wines, exotic travel, the most divine courtesans and narcotics in the world, fast cars and fast women, properties all over the place.

You know, the stuff we deserve as 10+ year HODLERS.
(I’m kidding with some of the above, you can try and figure out which though Wink).

Really hope there’s a bottom here somewhere soon. Quite frustrating that every time we seem to try and break past $70,000 we get some TradFi, government selling of old coins, bankruptcy coins selling or WW3 FUD.

A smart guy told me yesterday that getting all of this negative stuff out of the way in 2024, kind of leaves us a free run for real price discovery and parabola in 2025.

Hopefully $60,000 holds and we stop getting dumped on very soon. To the moon, as they say.

I'm with ya, it's annoying as all hell and I don't want to see the 50s again. But we are still stuck in this range that we've been in for most of the year now, this is the range we don't want to break down from and the support for it is in the low 50s (see my previous post https://bitcointalk.org/index.php?topic=178336.msg64358250#msg64358250).

IMO, if we are seeing the hard landing crash that the bond market has been signalling for some time now, it will be short and sweet, just like covid. Dropping rates won't help, nor will QE, but massive fiscal stimulus will and if this is actually "the crash" that fiscal stimulus will be following very quickly. Because, if there is one thing the powers that be have learnt since 2007 it's that you go hard and go early.

We could easily see north of 100k before the end of this year.