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Your comment opened my eyes to the following points I find very helpful:
1. Skepticism towards unrealistic expectations.
2. Historical awareness:
3. Probability thinking.
4. Open-mindedness.
I greatly agree with the core of this argument. Bitcoin scarcely forms tops quietly. It's even common if we see aggressive push, overshooting fair value due to momentum and FOMO, followed by a correction.
If we get a range-bound phase around $115k and $125k, it appears much more probable that it follows a quick move to $130ks ern beyond, afterwards cools off to that zone, rather than just topping out calmly.
Which would fit the method of prior cycles where resistance zones often becomes support only after a big move and a retrace
Fair enough, yet why do you come off as a bot? Wouldn't you want guys to get to know you rather than spouting off technical analysis like you copied some version of bitcoin investopedia within the context of whatever other indexing contents that you included within your response.
May 8 to June 16th same slot.
My point is very simply the slot is very long and tight.
So what?
What is it telling you? Are you trying to figure out where the BTC price might go based on such supposed long and tight slot? or are you just trying to describe where it has been and to give some significance to it? and to perhaps suggest that there are good chances that we will continue to go sideways based on our having had been going sideways, which does not seem to be a very strong argument or assessment, even though you are sure free to assess and believe whatever you like.
Now back to nov 16th 2024 to June 16th 2025 about 210 days time
the slot is expanded to 90k to 113k with under 90k not very many of those 210 days.
Again? So what? Don't you need a further context? What is it telling you? Isn't the context that we have been in a bullrun since November 2022, even though we did not realize it until mid to late 2023, and we have had a few corrections along the way, including the correction from January 20 to April 6 as is contained within your proclamation of a supposed slot.
give me a minute or 2.
feb 25 to march 31 or a 36 day dip under 90k tack in 20 days for april
and 56 under 90k with 155 over 90k
Again sounding like a bit of a so what?
so the under boob bulge did happen for close to 2 of 7 months.
do we reverse that with a top heavy bulge which would be 120-135 range
which would be a match to the 75-90 sag.
I doubt it.
Sure it is possible, just like many things are possible, yet for some reason you want to be making up your own theories and then wanting to give some weight to such seemingly quasi-random theories based on feelings, even though at the same time, you seem to be limited in terms of small potatoes kinds of thinking.
You think that we are going to get some kind of a blow off top to $135k and then get stuck there? or maybe you are just trying to play some kind of a potential wave that allows $135k to be a temporary top on the way to $220k and above.. .
And in any event the whole attempt to figure out various price waves along the way with any semblance of precision just seems odd.. but yeah, sure of course, something like your various imaginations (based on squiggly lines) could end up happening with one of the best (if not the best) assets known to mankind and currently available to anyone around the world who happens to have a discretionary income, yet such asset (aka dee cornz) is being accumulated, hoarded and plan to be hoarded by a bunch of relatively newly coming degenerate institutions, countries and/or degenerate status quo rich folks talking about bitcoin as if it were the best thing since sliced bread while wanting to front-run the fuck out of normies, even though they had already been front run by several of us who have been seriously stacking bitcoin for the past 4-10 years or longer rather than trying to figure out small potato trading price points that you seem to be inclined to consider as if they were interesting ideas to consider..
for what? to try to trade?
I have difficulties considering advantages to try to trade these kinds of small league price ranges or to have expectations in the framings that you are describing rather than just attempt to prepare for BIGGER, whether the BIGGER ends up happening or not.. yet your own ongoing difficulties of ongoingly selling too much of dee cornz too soon and hoping/preparing for down that may or may not end up happening seems to be an ongoing pattern that you either want to repeat or to talk about as if it were some kind of a worthy and/or valid pursuit.
Yes.. . yes.. yes.. I seem to be taking another opportunity to beat up on Phil, and sure you may well have a chance to end up being correct in these bitcoin price guessing games, even though from my perspective it seems ongoingly dangerous and not even necessary to be trying to potentially play around with trying to trade such small potato price ranges.
You should know by now that I tend to not want to lock into short term price projections, even though I will throw out some random ideas from time to time in regards to trying to explain where we are at based on where we came from and including potentially having some ballparkedly ideas of where we might be going... but still... I don't tend to want to get into specifics, except for criticizing others when they seem to be inclined to get into too many specifics..
For now, even though I may well be slightly moved in my thinking about dee cornz in the past 24-ish hours, I am sticking with my earlier ballparked proclamation of 48% up, 40% down, 12% sideways in regards to the next 40 days and 40 nights .... or maybe I will adjust it to 51% up, 37% down, 12% sideways.. give or take 3% hahahahaha (I am adding more qualifiers, even though sure we seem to remain in a fluid situation with the next several days being critical
tm)