Anybody think we’ll break upwards soon?
Not really. You are talking about breaking above $42-$43k-ish and then maybe up to $50k and then getting some possible resistance there for a wee bit before proceeding to ATH?
I am kind of having some difficulties coming up with either a break-up or a break-down that causes me to conclude that one is more convincing than the other - except while we are in a bull trend then the likelihood of breaking up remains greater than the likelihood of breaking down.. but still soon? That's a BIG question.
We could get a break up within the next 24 hours, or it could take a few weeks... but it does start to seem more and more weird the longer that we are here... just hanging out.. but maybe at the same time we could get used to it.. just seems that there is too much going on in order to get stuck here, so in that regard there seems to be some justification to break one way or another with slightly more odds for UPpity... it seems.
I have to admit, the price is very underwhelming atm.
I am not unhappy with the price. I think that you are way too inclined towards glass half-full thinking in times like this.. which does not seem healthy.. but whatever, it's your life. You can think however you like.. #justsaying.
Maybe I’m greedy but after the start we had to 2021 I expected to be north of $50,000.
We were.
Holy fucking shit, LFC!!!!
We were mostly above $50k for 3 months, no? We largely went from $10k-ish to gravitating above $50k from September to February.. so that is taking 5 months to get there ... which would be 5x.. and then we even got up to 6.5x.. .. so it surely does not seem that our UPpity journey is going to be over any time soon.. I mean only the twats are prematurely calling a bear market at this point (even though they could end up being correct, but still would not mean that they are not both twats and premature in their proclamations).
Anyhow, fuck that nonsensical pie in the sky thinking about supercycle. You've been fucking brainwashed if you believe in that nonsense.. and sure we might not have had a 50% correction sustained within a bull market, but who fucking cares about that nonsense, too. People try to make these various unrealistic frameworks and then causing people to assign too much weight to them.. even though any of the unrealistic frameworks could end up coming true, because this is bitcoin, by the way.
Yeah, yeah, yeah.. you expected to be higher, but so fucking what?
We are still largely more than 3.5x from where we were in September 2020.. and even being at $10k was not a bad place, and we went into profits for everyone in December 2020.. with the passage into the previous ATH and even going through the no man's land of $17,250 to $23,500 mostly like a hot knife passing through butter, and even causing me to conclude that maybe I under represented no man's land where probably too many newbies (and bitcoin non-believers) were selling way too many BTC way too soon because they thought that we were going to hang around those price arenas way more than we did.. and surely we did not really hang around too many of the areas all the way up to supra $50k.. where we ended up hanging out for nearly 3 months.
What the fuck is 3 months in bitcoin time? Sure it seems long, but we have had stagnations of 9-12 months - and even the 2013 (can that even be counted anymore) stagnation between April and October adds up to nearly 6 months.
I am not even suggesting that we need to hang out in the $30ks for 6 months, but we could end up hanging out here for 6 months or longer and still not be knocked out of our bull run, even though it would throw you off your predetermined schedule of late 2021... fuck that shit. Bitcoin is not on a predetermined schedule, even though we know (or have pretty damned good ideas about) the ultimate direction, even though it may well may not want to follow an exact schedule because there is a fucking war going on here. Have you forgot about the war, soldier? You really think that status quo rich fucks want to go willingly into their status of irrelevance? Not only no, but hell no. To the extent that they are able, they are going to attempt to play any dirty card that they can, including the throwing off of the "schedule" in order that normies remain confused about the value proposition of bitcoin..
Though many of us longer term bitcoin HODLers are way smarter than that. We are not going to let their fucking around with the schedule.. even if they can delay such schedule by a few years (and they will if they can.. that is probably guaranteed.. but a big question is can they delay it.. and how long can they delay it? .. not looking so great for them with Taproot seeming to go through too.. we will see about Taproot as well, but surely Taproot is another victory for the little guy, and hardly anyone is putting up a fight.. one more week to go on that one.
Anyhow, I guess part of my point is that we remain in a kind of catbird's seat, and sure the BTC price moving to richie / fuck you status might take a wee bit longer than expected, but who fucking cares, we can still buy our lil selfies Range Rovers along the way and do other funzies stuff, including enjoying life and maybe even banging a few hookers and doing some blow too.. we do not have to save all the hookers, range rovers and blow until some imaginary BTC price that may or may not get reached in a speed that is to our preferences, but we are already way the fuck better off with bitcoin and keeping our eye on such prize.. even if we cannot 100% graduate to fuck you status and instead we can only graduate to a minature version of fuck you status .. which might be a kind of fuck you status where we blurb out the "fuck" part like this "f**k ***" because we are not quite completely confident to say it and we do like having that income that is dependent on 3rd parties still liking us. Those fucks...
we say under our breath.
Everybody still think $100,000+ is likely this year, probable this year?
Odds seem pretty decent for this year.. and sure it could get delayed a wee bit.. like into a few quarters into 2022.. but seems that longer delays like that may well cause for higher blow off tops,,, but surely hard to say.. seems that some kind of blow off top has to happen at some point, and we have not had one yet.. even though blow off tops are surely not guaranteed.. but they do seem to be a kind of thing that is quite difficult to stop from happening... even if there are a lot of attempts to do so.. so I am not going to write off the blow off top, even though it could have a wee bit of a different shape and its coming might happen in some kind of unexpected way
(even though subliminally still expected.. and maybe we will not realize what it was until after it has already happened.. which also seems to fit the definition of a blow off top in terms of some peeps might even proclaim that the top is not in yet.. I have done that.. 2018.. for sure... ).
Anybody think we’ll break upwards soon?
I have to admit, the price is very underwhelming atm. Maybe I’m greedy but after the start we had to 2021 I expected to be north of $50,000.
Everybody still think $100,000+ is likely this year, probable this year?
Yeah, 2021 is still a bullrun year, right on schedule. We might not go to $200k as some people hoped, bot $100k is quite doable.
I would say 100k by 2023 but not before 2022. After the dump ends on the weekly; I think we will hit at least 80k.
https://www.tradingview.com/chart/BLX/uYKn9Nrx-Bitcoin-longterm-chart/That's fucking retarded.
You cannot presume some other model that does not account for our current BTC price prediction models by merely drawing squiggly lines on a chart.
I am NOT proclaiming that such projection will not end up happening, but it seems quite arbitrary in terms of just presuming longer cycles
(yeah he notes the halvenings and then largely ignores them and presumes that the cycles are going to get longer and longer blah blah blah).. so mostly it is just failing and refusing to take into account some of the main things with the 4-year fractal and stock to flow is based on that and even s-curve exponential adoption with networking effects and Metcalfe principles can be considered in 4 year fractal coordinating ways.
Poll
