Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
OutOfMemory
on 23/11/2024, 17:11:57 UTC
⭐ Merited by JayJuanGee (1)
To be honest, breaking $100k feels very little to me. It's just like that meme where that dude staring at the screen at $99k, then lighting a candle at $100k, just to continue staring at the screen when >$100k.

I don't have that euphoric feeling like when we touched $20k in 2017 or $69k in 2021. I think this bull run has much more to give. With that said, I'm well prepared with some 20-30% pullbacks. The $100k level might very well be one of those.

New ATHs or breaking supposed psychological price levels never get me excited anymore. Especially bull runs that double or triple the price in mere weeks or a few months. They ALWAYS crash eventually. TPTB always wait until everything is totally bullish and euphoric and parabolic, and then they do the classic rug-pull. Every. Single. Fkn. Time. And then everybody here in the WO is back to whining again.

You know what would get me really excited? For the price to stay above $100K over the next 18-24 months.

Now THAT would get me really excited. Everything else is just noise.

Elaborate "everybody in the WO is back to whining again", please  Huh

We are at the beginning of the bullrun, it's perfectly normal to be not excited (yet).