For some reason the bolded part above reminds me of some of the bitcoin naysayers during the 2014/2015 period, and we do not see them around here anymore. In fact mmitech was actually correct and even profitable for a couple of years when he had supposedly sold all of his BTC at around $600 in mid-2014, so he would come back to the thread and rub it in on a fairly regular basis.. even though he was ongoingly a dweeb, even if it appeared that he was correct for nearly two years.
Here's one of my responses to him.
Then it also reminds me of Jonoiv, too.. Holy fucking shit in early 2019, that guy sold his bitcoin at about $6k (or was it lower) when BTC prices were going up in early 2019 and he kept waiting for a BIG enough correction to buy back and he was so fucking wrong for at least a year after that, until all of a sudden we got the March 2020 incident, and he had his short-lived ability to make up for his selling mistake in early 2019, yet the dumbass
even chimed into the thread on that actual day which largely showed that he had the opportunity and he could have bought back right around $4k at about a 30% discount, and a bit later he said
he was completely out of BTC.. implying that he was waiting for lower $2ks or some kind of disingenuine nonsense like that.
From time to time, we get to meet amazing nocoiner, low coiner, bitcoin naysayers in these here parts... and so far they have all been wrong (even though they have been doing pretty well - feeling vindicated - in the past few months since we dropped below $35k).
So, I expect the price to begin leveling off and gradually entering a semi-bull market similarly to both 2015 and 2019. There will be some oscillations, but I expect a clear average price increase of 2-3 times before the next exponential bull market, hopefully in 2025. Yes, it may hit 20K or a little below 20K a few more times, but it is unlikely to break 17.5K anytime soon. It could happen in a few months, if Tesla and other tourists rush to sell again, or if some stable coin explodes. For now, however, the dynamics of the market do not show such signals.
I still think that when the market reaches around $17k and people open long positions, So this time we will see one last unexpected dump which will cause BTC to reach $15k or $12k. During the journey of bitcoin from $18k to $25k, everyone thought that the market would go comfortably to $30k but during that time the rising wedge broke and according to this pattern it is not possible to return before $17k when BTC reaches $17k or $18k, it will be a better idea what is the mood of the market.
Your posts are starting to turn into dweeb posts, including strawman ascribing moon-boy status to members here who have been talking about upward BTC price movements that have likely similar odds of happening as your wishful-thinking DOWNity scenario that cannot even stop in terms of wishing for $17k and cannot resist including $12k to $15k in your propositions of inevitability.
Are you a betting man? Maybe we should play out your odds and put some stake into what you are saying in regards to your supposed certainty? Once we work out the terms, we will need an escrow for this.
Just to let you know (or would that be
Protip? there is no inevitable in bitcoin especially related to 15% more down merely because you and a bunch of reddit dweeb-twats are wishing for such down.
Likely one of the ONLY things inevitable in bitcoin is its volatility, and the inevitable aspect of bitcoin's volatility does not have a directional component - even if you are asserting such doom and gloom DOWNity BTC price matters as if they were certain when they might not even have odds that are much higher than 50%, especially since we have already been bouncing largely below the 200-Week moving average for more than 2.5 months..
