Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Since Bitcoin is likely following Global M2 money supply
Falling below $100K is still salvageable
People keep posting this chart...
strangly accurate, AND fabulous.
What does global M2 do AFTER the end of that chart?
it flattens out
(going DOWN is never an option)
traders will front run the end of this chart
Global M2 is SEEMING to be a 100ish day leading indicator for Bitcoin price.
these indicators never last forever because people see them.
Heisenberg Uncertainty Principle of trading
I think we're still in Newtonian physics territory.
It's simple dynamics, not quantum mechanics.
The way I see it: The more they print, the more number go up.
Number go up because smart people with lots of fiat need to keep their wealth level.
They stop printing? The M2 flattens out? Well, number not go up, or go up slow slow.
So what? Traders can front run my left pinky if they like.
How would they front run the "number go up" thingy?
Maybe by buying more corn?
If you're referring to the endgame, are you thinking of world order collapsing? Money losing meaning? Planet depleted beyond repair? Well, that looks like a singularity.
It doesn't concern us here, however
because then we're all dead. And our descendants.
SAY MY NAME.
I didn't get this. cAPSLOCK? cAPSLOCK? Can you hear me? cAPSLOHHHCK?