......Further, like you suggested, we have experienced a few of these BTC upsurge movements, but they ended up correcting decent amounts, even if it took longer to correct than it had to go up, so in that regard, it can be difficult for buy pressure (support) to keep up if the price is just NOT ready for the Upwards movement and to establish a new station. Personally, it would be nice to see $10k resistance to get challenged and then if necessary to settle back down into the $8,500 to $9,500 range for a few months that might end up dragging out to the halvening, or so. ....
Yes. I merely reiterate what I have always said: To be on course for an ATH in the next 2 years, the price needs to creep slowly upwards: small rises, small corrections, almost boringly slow.
The big pumps that end in a spike are nearly always very bad news indeed.
Surely, you must be a half glass full party poop.
I love my lil selfie a bit of an outrageous and beyond reasonings bitcoin pumpening.... especially the surprise ones that fuck the bears and fuck the fence sitters or the waiting for lower BTC prices dumbasses.
Bitcoin pumpenings seem to teach them lessons and to show the strength of the underlying bitcoin including the fact that it can be pumped with such intensity to cause some fucks to get left behind.
Of course, it also fucks people who try to play the ups and downs and don't largely have a practice/strategy of BTC HODL.....
In any event, these outrageous price moves in bitcoin are nearly inevitable and show signs of BTC strength while at the same time allowing some rich fucks to make a lot of money on purposeful manipulation of a relatively less liquid market... and teaches newbie traders to largely get off of trading and to factor in bitcoin upward pumpening potential into any trading strategy that they might attempt in bitcoinlandia.
I immediately saw that in the move to 13500 back 6 months ago. It was obvious that that one derailed the whole bull run.
I don't see it like that. Of course, it was outrageous....
And of course, once it happened then there was going to become a lot of incentive to widdle away at the extra value contained therein.... but I still doubt that it took us out of the bullmarket but instead showed the beginning of the bull market and showed that the $3,122 bottom was in (not with 100% certainty, but a pretty decent sign).... Yeah, we have not really been able to know exactly how much BTC prices are going to retrace back down to $3,122, but we still have not gotten below $6,424... so perhaps, we are getting decent signs that $6,424 is the new local bottom... of course, not 100%, but nothing is 100%, especially in bitcoinlandia....
TLDR... don't mind myself a little BTC pump.. in the morning, in the evening, in the afternoon, or some combination thereof.
Oh, another thing, Majormax, we already know statistically speaking, that there are only a few days out of the year that any HODLer needs to be in bitcoin in order to have a fucking outrageously profitable portfolio.. and we can go back years and years and years, and you better fucking be in bitcoin on the vast majority of those days in order to have a profitable BTC portfolio, and that teaches me, and likely other inclined to HODL BTC peeps to error on the side of holding rather than fucking around with dollars or other coins or other nonsense trying to time exactly what days to be in and out... ... so I suppose in that sense I appreciate the punishment of NON-HODLers.. with some of this difficult to anticipate outrageousness, especially when it is to the BTC prices moving to the upside.
The second one to 10500 just made matters worse. I observe this natural pattern in many markets.
I don't know if it is a natural pattern, but it is a pattern of a market that can be manipulated in the short term and also a pattern in which the manipulators cannot really shake the UP fundamentals....
Go BTC go, and let a few newbies suffer along the way, especially if they value their wealth in dollars rather than bitcoin, then they are more likely to get screwed and to be out at the wrong times.
If you want a sustainable run to ATH, then hope for a tight range in the next 6 months, and a disappointingly slow boost from the halving. 10k at year end will be fine. Sorry for being the bearer of boring news, but that's life. Rejoice in the small stuff.
You know better than that, Majormax.
Bitcoin NO work like dat!!!!!
We are not going to get stable anything.
Amongst the most unlikely of situations is to have bitcoin stable growth, so why should we be wishing for something that has about a snowball's chance in hell to be happening.
It is not that you are a bear, you are just fucking pie in the sky unrealistic if you are expecting bitcoin to transition into "stability" anytime before surpassing gold's market cap... which is still another 50x or so away from our current price.... Get a grip, Majormax!!!! Get a grip!!!!
In other words, likely bitcoin has to gain another 50x before we can even be attempting to hope for more price stability, and even then, it might still be too immature and lacking in liquidity to really and meaningfully expect BTC slow and steady price stability, like you seem to be ascribing to this nearly untamable beast....
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