[edited out]
............If we dropped to 39k it would be under my buy steps downwards.
I have powder to buy at lower numbers. buy low buys go to 42k at the moment .
Just not sure I would want to set. say 38k 35k 30k as lower steps.
I don't have any problem keeping my buy orders below the 200-WMA even as the 200-WMA continues to move up.. , and so yeah when the BTC price is moving down, it can seem kind of debatable how low to keep buy orders in order to keep buying..
With you Phil, we have already heard that you continue to buy as the BTC price goes down, but if it goes below your buy orders then you start to sell.. and start recommending T-bills.
hahahahahaha
So, any serious bitcoiner shouldn't be asking you what to do.
I am not serious I am delirious.
At least, that part has been clarified.
that's my state, when we dump into mindrust territory every 4 years
we would need to go under 39k this year for me to get stressed bigly
35k here
$35k would be pretty stressful, yet i am thinking that I am going to start to feel nervous if we go below 20% higher than the 200-WMA prior to the end of 2025, as I had mentioned that as a possible betting point that I had been willing to entertain to say that we are not going there... so right now 20% higher than the 200-WMA is right about $47,520, and sure just dipping below that price, such as a spike or even in the context of some blackswan event, might not bother me as much as if we were to say below that for more than a week or two..
I still cannot really see why folks are getting so worried, and we largely still seem to be bouncing around in noman's land/don't wake me up zone, which surely we have been here for a while, but getting caught in a relatively long consolidation area is not even that unusual in the whole scheme of bitcoin's history, including that the positive part of this consolidation it is taking place towards the higher end of the BTC price (think about our so far dip down to $49,577, it is ONLY about 33%-ish from the current ATH), rather than some of our previous ones we were like a lot less than 50% of the BTC ATH area..
Maybe I get along so well with PlanB's ideas because he said some similar things as what I had said above, even though I wrote my above response prior to watching his video. It is a good watch and only 14 minutes.
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