In any event, your squiggly lines deny the presence of that kind of BTC price dynamics involving a $55k to $80k deadman's zone.. even into the coming 3-4 months when you believe this challenge to a new ATH is going to fail.
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**In case you don't know I am referring to: 1) stock to flow, 2) four-year fractal and 3) exponential s-curve adoption based on Metcalfe principles and networking effects.
I agreed to this point because bitcoin has already recovered from the old point but did not break out also i don't know but wait 3-4 months
like to be $80k is storng zone..
My sense of a possible deadman's zone building is a wee bit of a SOMA proclamation that attempts to recognize, appreciate and account for historical ways that BTC has behaved in regards to its previous ATHs - the breaking through portion.
Maybe we could just look at:
early 2013 when BTC broke past $32, it went to $263-ish,
late 2013 when BTC broke past $263, it went to $1,163-ish,
early 2017 when BTC broke past $1,163, it went to the mid-$2ks,
late 2020 when BTC broke past $20k, it went to the upper $30ks
There might be some other examples that are not even so much about breaking above previous ATH, but when BTC prices seem to have some high levels of being held down, then the price catches up to where it should have gone.. so the correction down to upper $20ks/lower $30ks is starting to feel like it may well have been one of those periods of overexuberant correction... just a hunch.. just a hunch..
And sure, ImThour could end up being correct, and bitcoin shirks off its old overexuberant bounce backs after going through what seemed to have been overexcuberant corrections.. perhaps? perhaps?
maybe the odds of a $55k to $80k deadman zone are only 30% to 40%, but still that would be pretty high from my perspective... even 20% odds are not really bad, if you are a bitcoin pessimist (aka nocoiner, precoiner) and you have $100k that you have invested in a variety of nonbitcoin investments, and if you could appreciate what I am saying about odds of BTC UPpity performance - including the possible existence of such deadman's zone between $55k and $80k, it might do you some hedging (and even investment portfolio good) to actually put 1% to 10% (that would be anywhere between $1k to $10k out of your $100k investment portfolio) into bitcoin.. merely based on those kinds of deadman's zone probabilities and of course, we also have the existence of the other currently valid BTC price prediction models that also lead some credibility and decent probabilities to both bitcoin's investment thesis but also likely ongoing UPpity BTC price pressures - already mentioned as: 1) stock to flow, 2) four-year fractal and 3) exponential s-curve adoption based on Metcalfe principles and networking effects.... and again justifying the guy with $100k of investments to put somewhere between $1k and $10k of his investment portfolio into bitcoin based on those kinds of persistent underlying aspects of bitcoin.
Unbiased Price Prediction on the basis of Previous Chart ActionBullish in the Long run.
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Not gonna read that a lot and not sure how you have that much time to write something like that in a post, kudos lmao.
In other words, you got nuttin.
You
1) refuse to read the text of a post that attempts to directly address points raised by your squiggly lines and words of your post.
and
2) denigrate my post by asserting that it is too long to read
Hard to treat you seriously in such circumstances.
Also, you wanna make a bet on your price prediction? (as you asked me to do) Nah, right?
I am not making any prediction you diptwat. I am bringing questions to your prediction, and asserting that you are failing refusing to account for context including current BTC price prediction models.
Instead of explaining why you choose such context and asserted it to be unbiased
or
explaining why you failed and refuse to account for currently valid BTC price prediction models
You mischaracterize my criticism of your stupid-ass lame post as a prediction and you double down on your dumbassedness.
I don't wanna sound negative but the thing is there are opinions.
Nothing wrong with having opinions. I was largely ONLY asking to 'splain ur lil selfie a wee bit more, including your proclamation of supposed "unbiasness."
And if you judge people by opinions, you aren't doing it right.
I was not judging you. I was judging your post; however, you subsequent lameass and defensive post is causing me to consider that I may way need to judge you as either being retarded or disingenuine in your interaction regarding your prediction.. including your defensiveness and diversions.
Poll
