Feels like we’ve been treading water since late February. Well we have been, haven’t we. Really hoping for some bullish momentum soon and a significant period of uppity. $61,000 seems very cheap, we’re still below the 2021 high, which is a bit pathetic really considering we now have Spot ETFs and institutional buying.
I’m going to stay positive and expect that in the new few months we leave this range behind and blast through the $70,000 zone into price discovery hitting multiple all time highs before the year is out. I know that 2025 is likely to be the peak of this cycle (and probably the second half of the year) but I expect us to start moving up soon. We should be past the $60,000’s now.
it just seems like someone tamed Bitcoin...
Tamed bitcoin.
![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
Nonsense.
Yeah.... sure.. it is the goal of the financialization diptwats to try to tame dee cornz, and also they want to present matters as if they were actually in control, including being in control of dee cornz.
How did that work out?
Anyone really believe that their supposed taming is working?
I know some of you guys actually believe such nonsense.. especially when you get all worked up that dee cornz is not going up fast enough..
but what the fuck do you expect? It is going up... and continues to go up, and if the financialization diptwats had their way, they would have had loved to keep bitcoin below $500 in mid-2016, but they were not able to keep it down any lower for any longer.
Sure financialization can dampen some of bitcoin's ongoing and inevitable volatility, but the various kinds of financialization does not completely remove the volatility and it is not going to stop dee cornz from going up in price (which is what the status quo powers that be would really prefer to do)... and, ultimately dee cornz is going up and continuing to go up, whether the diptwat financialization know-it-alls want it to go up or not..
The 200WMA is another thing and the 200-WMA has not faile/refused and/or stopped going up since late 2017/early 2018.
[insert "deal with it" meme here]
Don't get me wrong. I surely am not against financialization, since it seems to me that financialization is inevitable and it is part of bitcoin's
network effects as outlined by Trace Mayer.. ... Maybe I am more against the ideas of financialization twats trying to proclaim credit and/or control of dee cornz.