Getting close to bitcoin halving and we are going parabolic!

The chart says it all! We are getting close to bitcoin halving and we are going parabolic!

Screenshot 2024-02-27 at 9.20.48 PM.png

What we are hoping to see is that previous high are going to look minuscule once bitcoin price goes parabolic.

At this time, I will just say, for the first time, I understand that price action is really the results of collective beliefs. If most other traders think that it will go higher, funds will rush in and prize will be pushed high.

And that is pretty much uncontrollable. We cannot control how others think. If we want to follow the herd, so be it.

Just be forewarned that nothing goes up forever.

Yes, nothing goes up forever. And it needn't have to. It just have to go higher than what we paid for and never come down, then we are in the green. So long as we are comfortable in the green, we should be contented.

Let's see how things unfold.

P/S: this is of course no investment advice but gibberish. In fact, I had to write this post to test if there are readers. INLEO site doesn't seem to work for me. :(

Someone, say something!



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19 comments
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It’s interesting to follow the halving effect phenomenon. I am working hard to be able to put some money in some staking projects the most before the halving. Lets see how it is going on.

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tell me about it. we hit 57k today lets goooooooooo

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I've been shorting Bitcoin recently, but now I'm starting to believe in 100k :)

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Hype all over the place... or true tokenomics proving themselves against traditional finance and indicators. Time will prove it!

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We are really moving so uptrend and it is getting so massive

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In my opinion we're going too high too fast... I think there will be still a correction before April comes. Still I'm not selling my BTC in case it doesn't come and I don't know if I should sell if we get to 60K or even to 80K... What's your opinion here? !LUV

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No one could have imagined that the price would reverse so quickly and within a few days we could see the all-time high being broken

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I think it's good to see the price go up. I still don't plan to sell right now so it's a game of waiting for now. Let's see the price make a new ATH and it should be quite amazing to see people FOMO in.

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This time we will see that bitcoin will break its all time high before its haloing and this time the way the ETF has been approved we can say that bitcoin can go to $100,000.

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I am really optimistic about this year for the crypto space

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