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Valentines day massacre
Btc on its way to 15.5k
Pivot Point 3rd Level Resistance 22,650.67
Pivot Point 2nd Level Resistance 22,365.88
Pivot Point 1st Resistance Point 21,996.17
Last 21,810.35
Previous Close 21,607.81
Pivot Point 1st Support Point 21,341.67
Pivot Point 2nd Support Point 21,056.88
Pivot Point 3rd Support Point 20,687.17
Hmmmm…so what was the price of btc on Jan 24?
Guy's absolutely CRUSHING this mkt
Bitcoin's at the 7:45 mark
See post 38677
Here take a look
The Great Role Of Glitches In Identifying Price Movement
hmmmmm.........Did I just catch a fresh sign here & indication of some Glitch Action ?
For example ;
And we all know what happened soon after this !.....Within days it was down at 21,400
So.......we've suddenly now begun to smell something quite "fishy" again.
Especially if it keeps up !
This was just minutes before The 23,000 Plunge
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Didn't see it here, but then lots of messages went by.
Sorry I called the clonk at 23,500 well before it dropped.
I guess I may be, but in early enough that I’m not a bag holder, plus I sold a bit on the last bull run. I’m 90% eth, 8% xrp and 2% btc. I own most of my eth through ether capital Corp. eth is looking like it may become the settlement layer for digital commerce and development on ethereum dwarfs all other platforms. Whether that happens is anyone guess, but one thing I’m sure of is blockchain is not going anywhere. It’s the next evolution of the internet. The ability to move value as quickly and easily as information. I’ve now experience 3 bulls and 2 bears, so I’ve become desensitized to the volatility.
Published 12 hours ago on February 13, 2023
Blockstream CEO and Bitcoin core developer Adam Back believes BTC could be worth $10 million by 2032.
The bold projection is based on a theory by Hal Finney which rests on mass adoption of the crypto to catapult its market cap to $200 trillion.
Blockstream CEO Adam Back recently took to Twitter to share his thesis on the trajectory of Bitcoin over the next ten years. Back, who also happens to be a core developer for Bitcoin, believes that the flagship cryptocurrency could be worth $10 million by 2032, right around the time when it undergoes its sixth halving event.
$200 trillion market cap prediction for BTC
Adam Back’s projection is largely based on a prediction by Hal Finney. Finney had predicted back in 2009 that should Bitcoin become the dominant payment system across the world, the total value of the crypto would technically be equal to the total value of all the wealth in the world.
This bold prediction would mean that BTC’s market capitalization would reach $200 trillion, with each BTC worth a whopping $10 million.
Back shared his take on Finney’s prediction, which itself was based on the mass adoption of Bitcoin. According to the Blockstream CEO, BTC went up by 2.036% every year between 2013 and 2022. If this trend were to continue, Finney’s prediction would come true by 2032, which is when Bitcoin would undergo its sixth halving.
However, Back factored in a number of improvements that would be needed for the $10 million valuation to become a reality. Improvement of wallet infrastructure and Bitcoin layer 2 techs, paired with a new wave of investors who learn to hold and accumulate BTC in cold storage, would contribute to the 2032 vision.
“The market in bitcoin-native financialisation is immature, almost untouched. bitcoin structured products, mortgages backed by real-estate but interest guaranteed by BTC, and other products make bitcoin easier to use for more people, and match risk profiles. which creates more growth,” he told his followers on Twitter.
And those victory laps for the after the fact calls. GOT IT!! LMMFAO!
For the answer to that, see post this replied to :
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171197889
Hi. So what do you think happens tomorrow, BTC going down? You think CPI number will be bad?
No I’m not a chartist. What gives me comfort is identifying medium/long term trends and then supplementing short term price movements with charts.
The best way to know whether something is climbing is to look really hard at its' chart.
Sorta like your comfort in charts?
wow........a day of decoupling from the equity markets !
THAT'S rather unusual (nowadays).....huh ?
And down to WHERE have the cryptos declined ?
Why, down to the level outlined in THIS post ?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171192970
Down to the (my) 21,500 ?..........and its' low has even poke below THAT !????
So the S&P has quite srongly up-spiked, whilst the cryptos have somewhat slumped (down to support).......
Better pray that a Risk-off Sentiment in equities doesn't start kicking in.......because thar COULD cause the cryptos to lose their support
Quickly down to The Oval that is where it would drop.......
Which could seem like one getting thier heads handed to them since that would be sending this price level lower.
.
Bitcoin !.........Bitcoin !.........Here we Go !
$$$$BITSHIBDOGEWOO-HOO!!!!!!
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Bulltrap. Rug pull in t-minus.......lol
Thank you for yor 43,000 BTC CALL!
Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO
https://cointelegraph.com/news/bitcoin-could-hit-10m-in-9-years-but-more-sidechains-needed-blockstream-ceo
Cathie lives in my town. See her a lot at the Village Market l. I hate Wilton.
I agree BTC 23 then 24 you are right!!!
It’s not about following charts, it’s about analysis, percentage odds of a particular move, and understanding where things are at from a momentum standpoint right to the very minute. Long term price will rise, but don’t listen to the “experts” cause they have some kind of vested interest in a particular price movement. I know it might give you comfort because that’s what you hope will happen, but really they don’t know anymore than you. Believe me. Just look at data, you will be much farther ahead.
Yup....legends in their own Minds. OTFLMFAO
Nor is following some that claim to be chart masters. Only time will tell
Bitcoin January 18th : File name = pre breakout
2 sessions later.......BOOM ! Breakout !.........Nailed it
But....but.....but.
ha !......Whatever.......LoL
Unbelievable.
Last 21,900 : Overhead Ruler-Line Breakout ; * Nailed*
Point being : I'm right about 90 % of the time - In either direction - Both up and / or Down
.
.
bitcoin ledgers COLLECTIVE CONCIOUSNESS
INEVITABLE MOVEMENT AS DOCUMENTATION NEEDS HUGE BANKS FOR STORAGE WHERE WILL IS THAT STORAGE VAULT.
"Oh yeah - You were Bearish all January !" people around here will say.....
They also wanna "label"" me "Huggy Bear".......
They look forward to (if Bitcoin takes off here ) to misrepresenting me as . . .. .being. . . .
THE ALWAYS BEARISH CHARTIST
But so.....
I'm like......."WHAT THE. XXXX ???......They just "make this BS up ?"
Just how does one "get away" with spreading lies like that ?......Well I certainly know the answer......ha
Anyways, regardless ; Whatever, ha ! . . . .
Was I "bearish all January" ?......and "Constantly giving just horrible trading advice" ?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170993933
I don't think so !
3 hours later...........BOOM !
.
ill repeat it again
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