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Scraped on 22/05/2025, 21:04:50 UTC
It's annoying to look at substantial buys that trigger a ton of sells as soon as barely touching $112k right now.
A bit more momentum and shorts would be eaten up in a short while.
Eh it's just the weak hands shaking out at 111k. A bit more momentum and shorts would be eaten up in a short while.
HODL.
My "proposed" local top of, hopefully 216K, might occur if and when MSTR joins SP500, which could be in September.
Interestingly, there was a local top (the first in the double hump in 2021) when Coinbase IPOed.
Some people started talking about $444-475K (or 0.444-475M
), but for now this seem a bit excessively optimistic.Original archived Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Scraped on 22/05/2025, 20:58:59 UTC
It's annoying to look at substantial buys that trigger a ton of sells as soon as barely touching $112k right now.
A bit more momentum and shorts would be eaten up in a short while.
Eh it's just the weak hands shaking out at 111k. A bit more momentum and shorts would be eaten up in a short while.
HODL.
question is..why there are those "weak hands" at a seemingly irrelevant value of 111K? A rhetorical question.