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79K is just the warm-up. Where are we aiming for the next level of disruption?
I think we still haven’t seen the bottom yet; until it hits 59k, I don’t think we’ll see the end of this short-term downtrend.
Fair take. 59K would definitely shake out a lot of weak hands. But Bitcoin loves wrecking clean predictions. One sharp reversal and the whole mood flips. Till then: stay calm, zoom out, keep stacking.
keep stacking.
That’s a good point, and I’ll take your advice. We need to keep building up our holdings; short-term forecasts often prove inaccurate due to all the noise surrounding them. Conversely, the most effective forecasts are the long-term ones, and whichever way you look at it, the most realistic long-term outlook for Bitcoin is its imminent appreciation against weak currencies (fiat).
Short-term noise is loud, but the bigger trend still matters.
I’m just staying patient and stacking.
Also, the weekly MACD just flipped green not gospel, but definitely not nothing.
79K is just the warm-up. Where are we aiming for the next level of disruption?