Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gachapin
on 22/11/2024, 20:10:31 UTC
over 99k again

bulls are not exhausted in any way it seems

Judging by Glassnode's Combined Orderbook chart, there is a lot to stem for the bulls to go over $100k.
Indeed, it doesn't seem they run out of steam anytime soon. We're about half way there.
The good thing is, every buyer gets Bitcoin at a quasi-fixed price for the next few thousand coins. I'd call this a bargain, considered how early we still are.

I would proudly buy for 100k just for the lulz of having bought at that price... Unfortunately (or fortunately) I have no fiat on any exchange. To be honest, I don't have much fiat anyways  Grin

#metoo

But i made a mistake at the beginning of my journey with Bitcoin: I held quite a big fiat reserve, which i learned later, would have better been converted to a Bitcoin reserve as soon as possible  Roll Eyes

Afterwards you always know it better.

However, the first 2 cycles it was absolutely questionable if BTC (or also XBT at that time) would be successful. After 2017 that probability increased dramatically.