Post
Topic
Board Speculation
Merits 4 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
LFC_Bitcoin
on 16/01/2025, 11:07:28 UTC
⭐ Merited by fillippone (3) ,OutOfMemory (1)
Do you think we will have the Buy the Rumour sell the News after inauguration?

I personally feel this is different from ETF approval because the inauguration doesn't mean much in the Grand scheme of things
Compared to the policy to be implemented
Big players rushing in now means they positive and something of a God Candle is coming.

I think if we’d pumped hard into the inauguration then there could be a correction but the price justifiably seems well entrenched at the current level.

The old saying, ’sell in May and go away’ could bear fruition this year. It’s an old theory based on the stock market having significantly larger gains in the period of November to April on average than the rest of months of the year.

We had an early peak (local top) in the 2021 followed by a lull mid year and a cycle top at the end of the year. I have a feeling something similar could happen. $108,000 is definitely not the top. Eyes on the prise boys, eyes on the prize.