Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
It’s true
Retail FOMO hasn’t really kicked in yet, and you can feel the impatience from long-time holders. The resistance around $109,000 is proving stubborn, but once it breaks, things could move very quickly.
Retail FOMO hasn’t really kicked in yet, and you can feel the impatience from long-time holders. The resistance around $109,000 is proving stubborn, but once it breaks, things could move very quickly.
As a person, who successfully missed last three cycle tops I can say that $109k could as well be the top this cycle. I mean I wouldn't like it to happen but there's a possibility...
Yes, a possibility with up to 10% probability, perhaps, but who really knows.
Someone said the the main characteristic of this reality is that it is "ironic", so having a relatively low $ top with gigantic money being deployed and non-stop buying, apparently, would definitely be qualified as 'ironic" if it happens.
Personally, i am not selling anything...was planning to start DCAing witha new 'source" of a cashflow in the second half of July, but now think that maybe I should just spend it all in lieu of bitcoin buying.
There are some other amusing short term market opportunities that periodically pop up.
Bitcoin is more like a colossal space ship now that has lots of price inertia..or so it seems.