Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The current price of bitcoin is a sign of what may be about to happen in a positive way.
I think we are in a moment of a Positive and much-needed Correction, as in every market. I came across this article that Talks About something like what I think, but only in this Extract:
Original Source:https://www.newsbtc.com/bitcoin-news/bitcoin-make-or-break-moment-whats-holding-back-the-next-big-rally/
This is What is on my mind, everyone is waiting for the $100k Mark and beyond, but you have to be Patient , it will come at $120k, but in due time.
And this vision is very good, some do not see it this way, but this guarantees or is a guarantee that very good things can happen soon:
X: https://x.com/BlockwareTeam/status/1892237428397670504
I just hope for the best.
I think we are in a moment of a Positive and much-needed Correction, as in every market. I came across this article that Talks About something like what I think, but only in this Extract:
Quote
Conversely, a decline below critical support might lead to a healthy correction before the market regains upward momentum. While the bull cycle appears intact, the coming days may determine whether Bitcoin’s current rally has enough fuel to continue, or if a pause is on the horizon.
Original Source:https://www.newsbtc.com/bitcoin-news/bitcoin-make-or-break-moment-whats-holding-back-the-next-big-rally/
This is What is on my mind, everyone is waiting for the $100k Mark and beyond, but you have to be Patient , it will come at $120k, but in due time.
And this vision is very good, some do not see it this way, but this guarantees or is a guarantee that very good things can happen soon:
Quote
This chart here shows the percent drawdown from all time highs in red, and the year-over-year change in the Bitcoin price in green. You can see the massive moves up and down in 2017 & 2021.
But since early 2024, you see this new regime of steady growth in the Bitcoin price, denoted by this green area down here, with only mild drops from the high as denoted by the red up top.
The price growth is less explosive, but the drawdowns are nothing in comparison to past bear markets.
But since early 2024, you see this new regime of steady growth in the Bitcoin price, denoted by this green area down here, with only mild drops from the high as denoted by the red up top.
The price growth is less explosive, but the drawdowns are nothing in comparison to past bear markets.
X: https://x.com/BlockwareTeam/status/1892237428397670504
I just hope for the best.