Post
Topic
Board Speculation
Merits 6 from 3 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 05/01/2025, 17:56:12 UTC
⭐ Merited by LoyceV (4) ,vapourminer (1) ,JayJuanGee (1)
Is it just me or it seems that the number of pages declined somehow?
Some OGs seem to be gone (again).

I suspect that $90-108K fluctuation is not exciting enough for them.
Or, maybe, some of them sold out significant chunks as various sites report whale selling activity going into the EOY, compensated by ETF and Saylor buying, of course.

I wonder what 2025 would bring.
I suspect there would be a lot of turbulence going both ways....because of multiple factors.
Interestingly, the "allin" podcast had a paradoxical take on T. victory saying that it would increase the "socialism", despite a predicted rapidly growing economy (they said that 5% growth is possible sometime in the next 4-5 years).

Their thesis was:
a. Coming backlash against policies favoring the 'elites', such as tax sunset repeal, etc.
b. AI start "eating" into employment, so large money redistribution would be needed OR demanded.
c. Tariffs would cause a rapid rise in inflation, so in order not to impoverish a large swath of the population, some "programs" would be needed (or demanded).

re bitcoin: I suspect that ETFs would "buffer" any rapid rise...witness BlackRock recently selling a large chunk.
Do i care? Yes and no...yes, since i don't like "manipulation" by external entities...no, because these are just wiggles.
If the purpose is to just smooth it out, I am OK with 50% (100%?) average yearly growth instead of 400% surges followed by 70-80% busts.