Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

To me, 860K is bonkers...many people would be at least rich-lite (or well off) with just 3-5 btc.

There was a time when 1k seemed bonkers (RIP Risto). Though I do concur with the sentiment.

I don't doubt that I'll see a $1M btc in my lifetime.

But then my thoughts go immediately to, what will the dollar $ be worth by then?

Exactly. That's why we must no be too impatient, to me 1 million $ BTC next year would be the result of some kind of disaster.

this could simply be trump is going to win 🥇 money.
so even if he wins we may back track a bit.

Fair enough. There could be some buy the rumor, sell the news dynamic and it might not be exactly Trump is going to win, yet the extent and duration of a drop (if any) may well relate to the extent to which uncertainty ends up getting resolved on November 5th or soon thereafter.

Quote from: Futurexxx on October 29, 2024, 06:33:54 PM

Quote from: philipma1957 on October 29, 2024, 04:55:40 PM

closing in on 73k Grin

Yea, you are very much correct here, are we gonna be expecting a new all time high within the week?

Yea I really do think so, because I believe that the bull season is just getting started

Quoted to show image.

I would suggest that bull season started around November 2022, even though we might not have had realized it until either mid-2023 or at latest October 2023.

Our current resumption of the bull season does not constitute a new bull season, but instead merely a continuation of a bull season that had already started, yet had just been paused or slowed down a wee bit in the past 7-ish months.