from yahoo finance
2015 to 2016 1/2 ing
Jan 1 320
feb 5 227
mar 5 272
apr 2 247
may 7 229
jun 4 225
jul 2 258
aug 6 281
sept 3 229
oct 1 236
nov 5 408
dec 3 359
Jan 7 430
Feb 4 370
Mar 3 423
Apr 7 423
May 5 446
Jun 2 536
Jul 7 678
July 9 663 1/2ing price
2023 to 2024
Jan 1 16600
Feb 1 23700
Mar 1 23600
Apr 1 28400
May1 28000
Jun 1 26800
Jul 1 30500
Aug 1 29300
if this pattern matches 2015-2016
We hit 42-44k in nov 2023
and 69-71k near the 1/2 ing next year
since we have been at 42 and 44 and 69 k I do not think it is unreasonable to see it again.
Yeah but $69/$71k is right in the middle of noman's land. Wouldn't it be unreliable to be suggesting some places in the middle of noman's land as being somewhere where we might be at a particular time, since the mere idea of noman's land is a tendency to play out as a kind of pass through range.
Sure, you might coincidentally get your price guessing nostradamus wannabe correct, but it would seem more solid to attempt to design your predictions on various potential plateau price locations rather than probable pass through price locations.
I got it...Mr Market for some unknown reason wants to royally piss off M. Saylor by hovering over his bitcoin average buying price (almost exactly).
That explains the 29.3+/-0.2K conundrum (or flatline if you like this term better).
No matter, MSTR is still "flying".
Seems like a coincidence more than anything - even if their might be some BIG players with BTC price directional desires around such price point.
It is nice to be
currently floating (ballpark spot price range = $28,400 to $31k**) $largely 5%-15% above the 200-week moving average (currently $27,128), and really a lot of 2015 was floating ball-parkedly in similar levels above the 200-week moving average.. and surely this year is not really as much like 2015 because the BTC price spent a whole shit-ton of time floating below the 200-week moving average (even while the 200-week moving average never turned negative), but there were a couple of months that the price was 20% to 35% below the then 200-week moving average.
**note I am largely just making up these number ranges, and sure they are likely a wwwweeeeeee bit of a moving target, even though I am still suggesting that my "don't wake me up price range" is still currently in the ballpark of $25k to $35k.By the way the 200-week moving average is currently moving up at about $15 per day, but when we were in the early November 2022 through early January 2023 doldrums, the 200-week moving average was only moving up around $10 per day... maybe on a percentage basis, there might not be much if any change in the slope, but it still feels good man to see the substantive numbers moving up to such an extent, which just seems like a kind of cushion in terms of how much downity that it might well take to drag such 200-week moving average back down to ONLY going up $10 per day, if that were even reasonably probable to happen.. doesn't seem like it, but I am personally not going to completely rule it out.. even though it seems that our current dynamics continues to contribute towards price pressures in which the 200-week moving average is ongoingly moving up in terms of giving us higher and higher amounts in which it is tending to rise each day - a difficult dynamic to fight, even for the bitcoin hating/fearing beartards.
Oh fuck everything about this $28k action. Bah.
Shenanigans.
Seems a little like things are starting to break down. Usually that’s a buy the dip moment. I guess we’ll see…
There does not seem to be any reasons to not be buying.. even though some people do actually consider bitcoin as being "topish," but it seems to me that those with such "topish" perspectives are not really understanding bitcoin very well.. including getting some kind of realistic assessment in regards to how bitcoin's current actual price seems to be relating to various happenings in the current macro-world.
Another thing is that we likely realize that somewhere in the ballpark of 99% of normies are still not currently buying bitcoin, and gosh I wonder what is the percentage of institutions, rich peeps and governments?
It's not easy to really know the data - even though there likely is some data - but I get the sense that even institutions, rich peeps and governments are not more than a percentage or two of them into bitcoin, even though continuously there are some bigger and BIGGER players coming out of the woodwork and stating that they have some bitcoin exposure (how much? is another question, and can you actually believe them? Gotta have doubts about any of those "actual exposure" numbers being very high.. but hey, what do I know?... it is not like I am presenting actual data beyond my own osmosis like sense of things - which may or may not be as accurate as I would prefer it to be).
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