Post
Topic
Board Speculation
Merits 10 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 02/06/2025, 01:20:23 UTC
⭐ Merited by El duderino_ (10)
So do we think the 109-111 zone was just a double top like the last cycle and it's downhill from here on out till the next having?
or...
Are we building a launch pad for the next link up?

Odds are probably less than 30% that $112k was the top for this cycle, and probably less than 45% that $130k or less would be the top for this cycle.. but yeah, of course, none of us can have very high levels of confidence, even though I think that odds for up, including that there better be greater than 0.5% for $1.5 million or greater as I had suggested to be the case in December 2021 for the end of that cycle (which had surprisingly ended up ending right around the time of my posting those predictions..

It seems that at this moment we cannot ascertain these odds with any certainty, albeit the numbers you posted are overall possible.
It could be 30% or 1% or 99%.
Taking bitcoin by itself-sure, but it ain't the whole story rn.