Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Lucius
on 17/10/2024, 11:02:39 UTC
⭐ Merited by LFC_Bitcoin (3) ,JayJuanGee (1)
Quote from: philipma1957 on Today at 10:52:45 AM
Quote from: Gachapin on Today at 10:06:40 AM
Quote from: OgNasty on October 16, 2024, 09:01:55 PM
Bitcoin ripping towards the all time high. We seem to be pressing up against the high end of this declining trading range. If this breaks out, we’ll be headed into new price discovery territory. It’s close to happening. No idea what will be the catalyst that sends us through the sellers, but I know I won’t be caught missing out on the face melting rally that is coming by setting sell orders now.

judging by the exhaustion level of my patience, I wouldn't wonder if we got another dump to wash out the tourists.

I was thinking exactly that.

Maybe I'm wrong, but it seems to me that this could be the beginning of the big bull run that everyone has been waiting for for a long time. Judging by ETFs inflows, we had a record day in a long time (Oct.14 - 8400 BTC + Oct.15 - 5500 BTC), and now the only question is whether that trend will continue or a dump will follow.