CBB
Revisit of Bart or $56k?
Looks sideway-ish for now...
It's either the top of a Bart, or the foot of the 6-digit mountain. These can be any length. IOW, roll a dice.
Regardless, we know where it's going long-term, and that's UP.
Isn't life great?
Yes... I would not mind suggesting that there could be a pausening before clearly and convincingly entering into no man's land... but surely difficult to know, as AlcoHoDL mentioned.. and seems way too early to say that we know much of anything if we are ONLY a mere 17 hours from our $55.8k local top.
In other words, the next 24-48 hours seem to be critical
tm in terms of maybe getting some kind of clue in the event that the matter does not merely resolve itself in that time period.
As a further SOMA assertion, I would also say that any price moves within $53k to $55.8k are not going to be really anything to write home to mom about.. and I would go further down the price range too.. but since we seem to have been within such price range for ONLY a wee bit more than 24 hours, why even think about any kinds of lower numbers, at this point...... not enough time or price movement has passed.. .
In the short term, let's see if we continue to have buyers coming in at these price points...
Anyone? Anyone?
Edit: By the way, upon reflection, I am thinking that within the past day or so, in another thread, I did jump all over a legendary member for being too presumptuous in regards to speculating that any of us might be able to get BTC cheaper at any point "later in the year".... so there are people who have been watching BTC for a while, yet still have decently strong beliefs (presuming that they are not trolls) that we are either going to have a down before up or even a down after an UP within the coming months, and surely anything can happen in bitcoin, but I still believe that it is neither a good way of thinking about bitcoin to be presuming that you are necessarily going to be able to get cheaper BTC prices between now and the end of the year, even though sure such a thing could happen and such a thing is possible, but it is not like one of those high odd considerations to be waiting for down instead of really seriously reflecting upon whether you are adequately prepared for up, in case down does not happen.
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