Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by AlcoHoDL (1)
Nice! A little hopium to go with my morning coffee routine. Something to energize my spirit... my body needs a second cup though.
No need for hopium when you trust in Bitcoin.I see that many are put off of the "endless sideways" of BTC, but if you zoom out, it's sideways in steps.
The next step is imminent, and cycles are changing, in an absolute and relative manner.
Everybody whose mindset is like "i will sell the top and buy the bottom, like every cycle" should be careful. Of course, it will likely work this way again, but it gravitates towards less efficiently each cycle. I recently read an opinion here which went like "i set this exact day to sell" (EDIT: Which would most likely be a horrible decision, when you are looking at what is going to happen, imo), but if one looks closely, repetitive analysis based on past cycles don't work as they used to. It's a slow change, but over time, the differences in time, price and deltas become bigger.
If there are absolute truths, then "this time it's different" is one of them, but only when used in the right context. As one can spot those differences only in retrospect, it should better be "last time it was different" (which is kind of the same, but still different).
Am i probably repeating myself?
But y'all get the point, somehow, right?
You are confusing, even though you make sense at the same time.
Even if cycles look different, they still are likely to exist, even if they are harder to identify and don't lock into exact time frames (until we look back historically, we are likely going to continue to see cycles for a while - which surely the schedule for the issuance of the new supply of bitcoin likely continues to be a factor, even if coins likely are moving around from other places (an perhaps some paper bitcoin are trying to fill in with some possible danger in regards to playing with fire.. and sure some secret bailouts could be promised if the manipulation does not end up working out... perhaps?
In any event, every time is a bit different until we can look back at it and see that it was not as different as we had hypothesized it to be while we were in the midst of it.