This is all nice and all... But I won't be really happy until we cross $10K.
Enough of this bullshit sideways.
P.S.: Well, not really... sideways is OK for a couple more weeks. Then I want to see some more ACTION.
In other words, you seem to be raising your expectations of baby
BTC...
And, this is NO longer fine.
I already raised my expectations when I "bet" at The Dude's game.
O.k.... I see what you are saying:
>>>>
11651-11700 bitserve <<<<<<
From a quasi-objective level, does not seem like any kind of outrageous BTC price prediction, and I would have likely predicted a bit higher - yet, as I have already mentioned, several times, I just find the end of the quarter to be such a nonsensical and largely unimportant (if not distracting) date to be attempting to establish any kind of meaningful BTC price, especially with our baby
BTC's halvening coming up about 5 weeks thereafter.
So, yeah, for "normal" peeps would not seem overly optimistic, but for you, it might seem that you are becoming a bit overly emotional with your devolution into btc bullishness. Get a grip upon yourself, bitserve!!!!
Short term we can have some sideways and some dips, retests, etc.... but we need to be $10K+ before the halving (but not MUCH higher, just slightly). To be more precise, the first (not the last, mind you) $10K+ should happen in the next few weeks, then some dip/retests, then some consolidation, etc...
Personally, I question many of the assertions regarding what BTC might "need" in order for something else to happen. Surely, if we were to go back to testing $6k or even more outrageously to be testing something like $4k, then that might cause a longer period of consolidation.
Accordingly, probably any statement of purported "need" for BTC should be couched in terms of an objective.
So for example, "we need to avoid going below $4k if we expect to experience a new ATH in 2020" or more related to your purported "need" to stay above $10k before the halvening might be phrased like this: "we need to stay above $10k by the time of the halvening in order to feel largely confidence that $6,424 remains the bottom for this particular correction cycle."
Or maybe you are suggesting: "in order to stay within 10% of the price of the "four-year fractal" or "stock to flow model" we need to be at $10k by the halvening." Hey, I don't even buy that. Personally, I believe that we could be more than 50% off of the four-year fractal model or the stock to flow model and still NOT prove those models to be invalid.. There should be a sufficient number of powers that be out there that are capable of manipulating BTC in the short term to be more than 50% out of line with various credible BTC price prediction models without being able to negate the models in the longer term. In other words, it will start to cost them to continue to engage in manipulation attempts beyond a certain level that is quite unlikely to be borne by the BTC market. We will see, we will see.
I know that I might be changing some of the scenarios that you had suggested, but I have difficulties in trying to assign too high of probabilities where we purportedly "need" to be at any point in time, and call me more skeptical than you at this current moment.. even though I am NOT pessimistic about our current price direction and what I consider to be likely.. but I am disinclined to move too far off of my inclinations of making 50/50 predictions... waffling as that disposition might seem.
I have always been very clear about my expectations and I will stick to my guns
Hey, even if I might have highlighted some of your past "expectations" and even attempting to draw some attention to your current "expectations," I surely have no problem with a bit of stubborness when it comes to NOT allowing too much of the public sentiment to sway your perspective.. and yeah, each of us who engage in a decent amount of monitoring of walls and participating in this thread have our various peculiarities when it comes to how much weight we assign to BTC price indicators, whether they are BTC price prediction models, the influences of various shitcoins, the opinions of fellow WO members or some other woo woo or non-woo woo factors.
... And THIS is perfectly FINE.
#nohomo
P.S.: ONE year ago I was predicting around $6K-$7K for around this time. That's true. But... things change.
Hahahahahaha...
Definitely I appreciate your non-waffling to disclose your own changes in sentiments.
None of us should be lying to ourselves or to anyone else in terms of the significance and relevance of a few of BTC's beyond expectations price movements in 2019... including at minimum: 1) the 3.5x price appreciation that largely started on April 1, 2) the 42% price appreciation on 10/25 and 3) the
so far retracement that
so far has bottomed out at $6,124. Difficult to deny the bullishness of these past BTC price movements.
Currently
(which is nothing really new for me), I remain a bit bothered by ongoing frothiness of various shitcoins, but I also attempt to accept those kinds of realities, and even though I can continuously assert that I am bothered by their ongoing frothiness, there is likely NOT too much that I can really do about that except to complain about them from time to time by pointing out how I am bothered by them... They are going to do what they are going to do, whether many of them will continue to pump for another 10 years or various kinds of phoney baloney, yet so far, the vast majority of them show ongoing signs of phoney baloney and lack of fundamentals, but does not seem to stiffle their prices from appreciating in the short to medium term... so what you going to do, except just recognize the existence of such ongoing phenomenon that sometimes may have pulling affects on the price dynamics of king daddy.
Poll
