I love it when other people make my point for me. So, thank you SOOOOOO much Joe007 and Willy Woo, because now I can just have fun saying what I always think and ride the wave, bebe.
The sentiment around the recent Bitcoin rally remains divided amongst investors. Joe007, for instance, one of the biggest whales in the cryptocurrency market, has been adamant that the upsurge has been a result of pure manipulation.
Other investors like Adaptive Capital general partner Willy Woo and Three Arrows Capital CEO Su Zhu said that both fundamental and technical factors have supported the rally since the beginning. When Bitcoin’s price was hovering at around $7,000, Zhu noted that the premium of the BTC/USDT pair indicated an accumulation phase was starting particularly in Asia.
So here's the fun; analysts need to say things, and more than anything that's been the main value they have brought to the table when it comes to crypto. They draw triangles on things, call out Fibonacci (keep the fib, throw out the onacci) retracement percentages, and they always summarize with "therefore, it could go up if it meets..." and "if it doesn't reach blah blah blah it could go down". Well, shine my shoes Einstein, I coulda told ya that!
The real reason? Becauseeeeeee!
So, here's my Bitcoin price prediction. I am going to outdo the experts right now. Ready? I am going to 100% guaranteeeeeee my accuracy.
Yes, I said it. 100% guarantee or here's 1 million dollars of Bitcoin.
My prediction: Bitcoin is absolutely positively without question no matter what anyone else thinks, going to go up, and it is going to go down.
And guess what, as of the time of finishing that sentence BOTH came true!!!!!!!!!!!!!!!!!! I am THE MOST ACCURATE PREDICT-ATOR OF AL<LLLL TIMEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!!
But, I'm also ironically actually really good at actually really truly predicting Bitcoin, so I don't mind saying the "experts" are completely full of crap. I am usually accurate more because my instinct is really good, than because I know something fancy about indicators. Again, with indicators, I'm really good too, so I don't mind calling out the complete and total b.s. If Bitcoin reaches certain short term ranges that cannot be predicted, guess what, I do this crazy thing and state clearly- it cannot be predicted at that time. Because it can't. Unless you are a whale, and you are actually wanting to call your game before getting to pump or dump, the rest of us will not know what comes next. But, when the signs are obvious, I never see the experts getting it right, so one begs WHY NOT? Because they don't know crap. Pay them, you'll find that out, too. They know nuttin'!
So, this was really fun. And, if you disagree that is fine. Everyone is right enough times to quote themselves showing they were right. None of them tend to quote themselves the other 90% of the time when they are wrong. That's just how it goes. In fact, the people who are honest like that... don't call themselves experts. Nuff said. That's my expert opinion- hehe.
Original article can be found here:
https://cointelegraph.com/news/what-caused-bitcoin-price-to-surge-past-10k-over-the-weekend
I hope you find this a benefit. If so, TIP! :-)
Gordon Freeman Out.
For the funny stuff, go here:
https://www.publish0x.com/crypto-satire-fake-news-ripped-from-the-headlines
