Quote from: adam.sandler on Today at 10:40:33 AM

I have a small analysis. As I was looking at the chart, the price has fluctuated slightly in the past three days. My gut feeling says that there is a possibility of a spring being squeezed. Maybe we will see a consolidation of several days or weeks (this fact that we are on the weekend is also important. We know the impact of weekends on the price trend).
$112,000 has been a highly reactive area, although it has been broken, it has been reacted to a lot before, especially in the past month.
So the first important level will be $112,000, and if it can break this area, it can quickly go to $115,000, which is also an important area on the chart.

Right now, the best strategy that I think is suitable for me is step purchases.
Again, as always, I repeat that nothing is 100% accurate.

You seem to be describing a kind of noise area in which it hardly makes any sense to attempt to draw significance to BTC price moves within a noise area.

In other words, if we attempt to think more broadly such as is a new ATH going to come first or is $100k going to be tested.

Either could happen, yet it seems that any bouncing that we might be doing allong the way is either hardly important or it can be attempted to be described within a theory about whether up or down is more likely.

Another thing is that we likely remain in a bull market which causes up to be more likely than down (which is kind of the meaning of a bull market), so in order to get down rather than up, there needs to be some kind of compelling reason that overcomes the upward thesis.. whether it ends up being merely a short term correction within a bull market or a transition out of the bull market.

Quote from: adam.sandler on Today at 10:48:47 AM

Quote from: hisslyness on Today at 10:33:51 AM

Quote from: yslyv on Today at 10:10:10 AM

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it is what it is. Happy sunday everyone!

definitely the six leg octopus scares me!... trivia, did you know a octopus has 3 hearts!
(just done a 12hour drive playing trivia from YT to stay away!)

There is a point hidden in the picture.
Look at that peak where the cable car connects.
After that, we will not see any peaks or heights as high as that, but there are worse things.

Depends on where you actually are at rather than where you merely perceive yourself to be.

Quote from: Natalim on Today at 12:50:49 PM

not a good trend IMO.
Most Bitcoin Still Belongs to Individuals, but Institutions Are Catching Up: Research

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What to know:
River’s research estimates that as of Aug. 25, 2025, individuals hold about 65.9% of BTC (13.83 million coins).
Funds and ETFs control about 7.8% of supply; businesses hold 6.2% and governments control 1.5%.
River says the distribution is inferred from filings, address tagging and prior research. In other words, it is an estimate, not an on-chain census.

What do you guys think would happen if the majority of the supply is held by institutions? Wouldn’t that slow down the adoption process since most of them are just into holding long-term?

And does that also mean the market ends up being more manipulated by them, since they control such a big chunk of the supply?

These are not all or nothing arrangements, so even if there are trends in one direction or another there is still quite a bit of variety happening within bitcoin holders and the trends of holders to spend and/or to hold.. and yeah fewer circulating coins has its own effects on price that is not necessarily a bad thing and does not inhibit future abilities to use coins, yet if no one is ready, willing or able to transact with others de to physical or psychological incapacitations then that would take away from aspects of bitcoin power and value proposition in the peer to peer sense..

And, not only are institutions, governments and/or status quo rich folks hodling bitcoin, there are certain trends to try to disinincentivize and inhibit ways that individuals can hold their bitcoin and directly transact.. which surely is a power of bitcoin and does not even necessarily need everyone transacting directly on it to still empower folks in that direction.. so powers that be are likely still quite scared of the ability of individuals to transact anywhere in the world and with anyone without getting prior permission and/or sometimes difficulties to monitor specifics of those transactions. Scary, but ongoingly powerful.

Quote from: Leahized on Today at 12:55:41 PM

We can see Bitcoin more down.
@im_BrokeDoomer
$BTC on make or break situation.

Market is pumping on the weekend, but it is a fake pump, TBH Bitcoin has its done for now and getting ready for a huge large red candle.
I know you don't want to hear bearish news, but this is fact, once a bad news comes in the market, Bitcoin will dump hard no matter when, if, why.

Everything will he useless that time, so if you want to be on the safer side and risk free, manage your R/R.
Market always goes with some structure. You see Bitcoin forming double top in 3D. This is a sign we are going for more low.

This is a possible scenario as of now, i know this looks risky, but this is true.
Hoping for a good market recovery in pumtober.

X

These kinds of stories are frequently common in bitcoinlandia, where the proposition is framed as if it were inevitable but it might not even have greater than 49% odds of happening anywhere close to the downity proposition... but sure, it might be helpful to get a few more folks to sell their coins at or near the bottom of a local correction or alternatively to help to stimulate some further correction... perhaps? perhaps?

Quote from: philipma1957 on Today at 01:14:43 PM

Quote from: hisslyness on Today at 10:31:12 AM

[edited out]

Before someone says I could have paid for 2500 worth of btc in 2022 I got these when btc was 40k in April of 2015
So 40k to 108k is not as good as

2500 to 10000.
I can get 6000 now and have 4000 in my pocket at cash.
Edit
6750 in btc and have 3250 cash in my pocket via the copper route

Something is wrong with your dates and your BTC prices.

It would have had been better to buy BTC at any time in 2015 or any time in late 2022 (after June 2022), yet surely bitcoin is not as exciting as lugging around 10k-ish pounds of copper/wiring.

But yeah sure you are free to have fun and keep yourself busy in various ways, and sometimes you are even providing a good service to the world. We cannot have everyone getting richity rich by sitting on their butts and merely accumulating and/or hodling the cornz.

One of the advantages of asymmetric information for many of us longer term bitcoiners is that we ended up profiting quite stupendously in several ways, and yeah maybe it is unfair and maybe we have gotten lucky in several regards, yet it also can be quit gruelling and frustration provoking to both keep building and HODLing bitcoin while putting up with various uncertainties, too.. since even having asymmetric information, it is not a slam dunk outcome.. since we also need to secure our coins and don't put them with risky third parties.

Quote from: BTCETFInvestor on Today at 01:38:43 PM

Quote from: Biodom on Today at 02:52:08 AM

[edited out]
A bit harsh for a newbie.

A bit harsh the trashing I received from the OGs!

Poor widdo ting-i-lie.

By the way, you are going to have a hard time getting ahead with both a victim mentality and also an ongoing desire to get folks here to accept your various ongoing wrong frameworks and seemingly persistent lack of humility.

Quote from: BTCETFInvestor on Today at 01:46:11 PM

Quote from: hisslyness on Today at 10:31:12 AM

[edited out]

@hisslyness, FYI - I got tired quickly of the needless bullshit trashing I received... Great way to treat newcomers!

It should be no fucking wonder why people are leaving and new members are becoming more rare. Something you OGs should think about!

Don't let the door hit you on the way out, if we were to be so lucky in these here parts that you would actually leave, since it seems that you are not even trying to get along with your varlious predecessors..

And, yeah, predecessors do not have more rank or more voice than you, but it still might be helpful that you might figure out some ways to take some hints.. whether they be subtle or not so subtle.. since I doubt that any of us are out to get you and you are kind of wearing on folks who tend to have a lot of patience (even if it might seem to your naive lil newbie perspective that they don't have patience and/or sufficient tolerance for arrogant newbies like ur lil selfie).