Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

everybody exhausted yet?

I guess we go up for real in fall or early winter... it's gonna happen anyways

I sure hope you’re right but I’m beginning to have my doubts. Days like today in my experience are usually followed by months of pain. Hopefully we’re just seeing tax selling and tariff panic and not a real downturn, but I’ll admit my faith is being tested. If this was my first rodeo I’d be panic selling here.

Yeah I also think pain (and boredom) until fall. Until everybody is exhausted and nobody believes in a bullrun anymore. You are almost there Tongue

One a sidenote, cycles will probably be different from now on, supercycle or whatever but not what we had until now. Bitcoin is maturing and halving will have less and less impact, except from being a fading self fulfilling prophecy

I’m definitely almost there. I can see how the last cycle was messed up by the FTX fraud and I can grasp the concept that the ETFs pulled in investment and moved the cycle forward as a result this time. However, I want to believe this is just Trump showing us the Art of the Deal. He isn’t a guy to buy tops forever like Michael Saylor and I still have a shred of hope that Trump caused this calamity to get the US a good buying opportunity. Did people expect him to pump the price before the US buys their stack? Time will tell… I’m still targeting September 16th as the top for this cycle, but I do have my doubts.

If it's really September it would probably be a very disappointing ATH ...
How did you come up with that date btw?