AlcoHoDL
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Addicted to HoDLing!
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October 16, 2023, 03:27:26 PM |
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These spikes are just noise/outliers... They need to be both long and wide to count.
$40k+ dominating a 5-min chart, then we're talking pump.
Okay, maybe even $35k+...
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OgNasty
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Leading Crypto Sports Betting & Casino Platform
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October 16, 2023, 03:43:23 PM |
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These spikes are just noise/outliers... They need to be both long and wide to count.
$40k+ dominating a 5-min chart, then we're talking pump.
Okay, maybe even $35k+...
Maybe they aren’t going to send us to $100K yet, but these are some fairly large pumps that show somebody is buying bigtime right now and with a lot of funds. It isn’t easy to send the market into massive spikes like that and whoever is doing it likely believes the price will be headed much higher so they’re indiscriminately buying all they can.
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AlcoHoDL
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Addicted to HoDLing!
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October 16, 2023, 03:53:52 PM Merited by Out of mind (1) |
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These spikes are just noise/outliers... They need to be both long and wide to count.
$40k+ dominating a 5-min chart, then we're talking pump.
Okay, maybe even $35k+...
Maybe they aren’t going to send us to $100K yet, but these are some fairly large pumps that show somebody is buying bigtime right now and with a lot of funds. It isn’t easy to send the market into massive spikes like that and whoever is doing it likely believes the price will be headed much higher so they’re indiscriminately buying all they can. Sure, they are nice to see, even if too narrow. Every little helps. I'd be very happy with $40k or thereabouts by the end of 2023 or early 2024 if I'm honest. I expect the real pump(s) to occur in Q4/2024 and during 2025. This (2025) should be a very exciting year for Bitcoin HoDLers (and for WO!).
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 16, 2023, 04:04:49 PM |
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ExplanationChartbuddy thanks talkimg.com
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Hamza2424
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#SWGT CERTIK Audited
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October 16, 2023, 04:30:37 PM |
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Now we know, there will be a minimum $5k green candle only from the news when SEC approved Blackrock ETF. Haha really .... We are Watching on it... Hmm Let me elaborate here it is... Check Point Testing... Retesting Here it is...
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Out of mind
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I like to treat everyone as a friend 🔹
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October 16, 2023, 04:35:32 PM |
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I'd be very happy with $40k or thereabouts by the end of 2023 or early 2024 if I'm honest. I expect the real pump(s) to occur in Q4/2024 and during 2025. This (2025) should be a very exciting year for Bitcoin HoDLers (and for WO!). If Bitcoin is worth $40k by the end of 2023 and early 2024, it will look really interesting. Since Bitcoin's halving will happen in 2024, there is only 191 days to wait. Bitcoin's price pump will occur in 2025, and it will be an exciting year for HoDlers. WOHalving date
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ChartBuddy
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October 16, 2023, 05:03:23 PM |
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ExplanationChartbuddy thanks talkimg.com
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bitnote
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October 16, 2023, 05:22:57 PM |
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Back to reality--
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WatChe
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October 16, 2023, 05:25:38 PM |
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Well this could be good news for other miners. The article says 12 mines scatter in the USA are owned by Chinese nationals. I do not know their size but if they are large and they are shut down we could get a 10-20% drop in hash rate. They moved from China to USA due to ban in China. They will relocate to some other country in case USA also ban them. Kazakhstan is also an ideal destination for miners from China. Duh , If USA decides they are spies that gear will be frozen for months if not years. USA can be really shitty when they want to be. They got Canada to arrest a big shot from Huawei and bring them back to the USA they held her for quite a while. There were few among 12 mines that are directly linked with Chinese government, while few were not and others could not be easily traced. So not all 12 mines are under threat from USA government. The point is why those miners who have directly link with Chinese government moved to USA? There are other places where they could have gone. Meng Wanzhou (huawaii ceo daughter) was lucky to find her way back to China. Not forget China arrested two Canadians in retaliation to her arrest and released them only after she got freed. This law was enforced on April 2023 and its probably after government realised that there is huge increase in mining by miners that moved out of China after 2022.
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d_eddie
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October 16, 2023, 05:29:17 PM Merited by vapourminer (1) |
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Hunters hunting stops They're shooting at the shorters Meaning we go down? #haiku
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ChartBuddy
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October 16, 2023, 06:04:51 PM |
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ExplanationChartbuddy thanks talkimg.com
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BitcoinGuru101
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October 16, 2023, 06:13:56 PM |
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Wait everybody, hang on, stop what you are doing, THIS guy ☝️ knows what's going on.
Sure, I know! If you have any questions, just ask, I'll help.
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xhomerx10
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October 16, 2023, 06:28:52 PM |
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Hey ChartBuddy! Thank you ChartBuddy! Do it again!!
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ChartBuddy
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October 16, 2023, 07:03:25 PM |
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ExplanationChartbuddy thanks talkimg.com
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JimboToronto
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You're never too old to think young.
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October 16, 2023, 07:13:12 PM |
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If you have any questions, just ask, I'll help.
Is a bear Catholic? Does the pope shit in the woods?
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Hamza2424
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#SWGT CERTIK Audited
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October 16, 2023, 07:20:11 PM Merited by JayJuanGee (1) |
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Holy shit, Hamza2424. You know that a cycle is ONLY 4 years long?
Nooo.. But approximately that can be a dominant figure, it may vary according to the market developments. The figures may deviate from the last patterns, But to keep in short most people try to understand the concept of the Bitcoin market cycle from halving to halving but it's really challenging to predict the exact timeline as many factors may influence it. And, sure maybe "we" could give you a wee bit of a benefit of a doubt and to suggest that you really meant two cycles.. this cycle and the next one, but that still ONLY gets you 8 years under the most generous of interpretations of your own words.
Ahh.. Well, thank you for the benefit of the doubt,. What I mean is at the end of the coming cycle maybe around 2028 to 2029. I cant be sure about the figures.. Maybe in the last almost 15 years we have gone from zero to 1%.. and gosh are we being generous with even thinking that 1% of the world's population somehow has some exposure to bitcoin that would mean that bitcoin is a priority for them?..
I have my doubts, but it is not easy to measure bitcoin adoption.. but we could say that 1% of the worlds population is right around 80 million people... so in the next 4-8 years you are suggesting that bitcoin adoption is going to be 20x to 30x that number.. which, with the same quantity of world's population would be 1.6 billion to 2.4 billion.
You've said it on your own that it's really hard to figure out the efficient measures but I doubt that in your calculation the 1% is inadequate, as per the developments and the recognition level we can easily say around 10% to 12% of the population has exposure of the Bitcoin directly or indirectly and around 1/2 of this figure will have direct relations with Bitcoin. For making future predictions, I'm basing my analysis on crisis levels. It appears that the magnitude of a crisis correlates with higher adoption rates. In recent times, the COVID-19 pandemic significantly accelerated market growth, leading to a substantial upswing in both recognition and adoption rates. I think that you are referring to psychology, right?
Yeah.. A typo error, Most of the time I really take care of it, but sometimes especially when typing on a smartphone it's hard to deal with.
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Hueristic
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Doomed to see the future and unable to prevent it
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October 16, 2023, 08:00:39 PM Last edit: October 16, 2023, 10:08:15 PM by Hueristic |
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Well they officially ruined Rick and Morty, dumbed it down to about a 12yr old level.
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ChartBuddy
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October 16, 2023, 08:01:15 PM |
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ExplanationChartbuddy thanks talkimg.com
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shahzadafzal
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October 16, 2023, 08:02:15 PM Last edit: October 17, 2023, 04:36:21 AM by shahzadafzal |
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This reminds me of a scene from a very famous film I watched when I was in college… Sorry I forgot the name, but surely it was a famous one... in our campus at least :p
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