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Version 2
Last scraped
Scraped on 03/09/2025, 00:12:18 UTC
Rise from support at 108k right now and back positive on the weekly average. Best way to judge it is by the reaction and stability in the gains, so it must be stay positive movement above the weekly momentum to have any real chance imo.
If BTC can get back to 115k then its more importantly beaten the 50 day and also monthly average, far more then I would have expected. Also it counts for more as this will have broken a series of falls since the peak price mid August, breaking that decline is required to really be positive for more then a moment.
There seems to be more doubt and fear then was true in previous months so a tougher atmosphere to thrive in.
My target downside is 100k or in that neighborhood and I expect that to occur sooner or later but Im often too pessimistic and prefer the market to prove me wrong of course.
All this back and forth is near term, maybe swing or medium term targets but its not the overall top or peak pricing this is midway consolidation, a bluff check every bull does this
If BTC can get back to 115k then its more importantly beaten the 50 day and also monthly average, far more then I would have expected. Also it counts for more as this will have broken a series of falls since the peak price mid August, breaking that decline is required to really be positive for more then a moment.
There seems to be more doubt and fear then was true in previous months so a tougher atmosphere to thrive in.
My target downside is 100k or in that neighborhood and I expect that to occur sooner or later but Im often too pessimistic and prefer the market to prove me wrong of course.
All this back and forth is near term, maybe swing or medium term targets but its not the overall top or peak pricing this is midway consolidation, a bluff check every bull does this
Version 1
Scraped on 02/09/2025, 23:47:24 UTC
Rise from support at 108k right now and back positive on the weekly average. Best way to judge it is by the reaction and stability in the gains, so it must be stay positive movement above the weekly momentum to have any real chance imo.
If BTC can get back to 115k then its more importantly beaten the 50 day and also monthly average, far more then I would have expected. Also it counts for more as this will have broken a series of falls since the peak price mid August, breaking that decline is required to really be positive for more then a moment.
There seems to be more doubt and fear then was true in previous months so a tougher atmosphere to thrive in.
My target downside is 100k or in that neighborhood and I expect that to occur sooner or later but Im often too pessimistic and prefer the market to prove me wrong of course.
If BTC can get back to 115k then its more importantly beaten the 50 day and also monthly average, far more then I would have expected. Also it counts for more as this will have broken a series of falls since the peak price mid August, breaking that decline is required to really be positive for more then a moment.
There seems to be more doubt and fear then was true in previous months so a tougher atmosphere to thrive in.
My target downside is 100k or in that neighborhood and I expect that to occur sooner or later but Im often too pessimistic and prefer the market to prove me wrong of course.
Original archived Re: We are at peak BTC price.
Scraped on 02/09/2025, 23:41:58 UTC
Rise from support right now and back positive on the weekly average. Best way to judge it is by the reaction and stability in the gains, so it must be stay positive movement above the weekly momentum to have any real chance imo.