Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Anybody mindrusted yet?
I have to admit recent price action has had me concerned.
The market is the most oversold it’s been since April though. We did pretty well after that so hopefully history repeats. We know that September is the weakest month for Bitcoin. We just need to survive it and don’t do anything stupid, before everything full sends in Q4. On the flip side, October and November are usually really good for Bitcoin in a bull market. Let’s hang on in there WO brothers.
@FrankAFetter
BTC 1-day RSI is the most oversold since the $74k tariff bottom.
https://x.com/frankafetter/status/1971560951204786288
I have to admit recent price action has had me concerned.
The market is the most oversold it’s been since April though. We did pretty well after that so hopefully history repeats. We know that September is the weakest month for Bitcoin. We just need to survive it and don’t do anything stupid, before everything full sends in Q4. On the flip side, October and November are usually really good for Bitcoin in a bull market. Let’s hang on in there WO brothers.
@FrankAFetter
BTC 1-day RSI is the most oversold since the $74k tariff bottom.
https://x.com/frankafetter/status/1971560951204786288
I for sure think the same each day, but then I remember how many cycles I have been in... I am going to try and shave a bit off at the top, and depending on how high it gets, a bit more than a bit, but %-wise, no matter what I decide, it will still be in the single digits of my stash. I believe selling any is a form of mind-rusting, but we all have to eat... and I think I deserve some steak after watching on the sidelines.
As always,
CCFM
K