Is today a God Candle day? Just taking temperature.
Discussion
Probably not. Maybe just a lesser saint.
Valkyrie candle?
Perhaps.
We need a pantheon of candle lengths that lead up to the One True God candle.
🤔 kinda on nostr:nprofile1qqsvnvvlln2ru6jlyweayugxecv7ftfdlzd6zqca63sh7x6ercggjegpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq32amnwvaz7tm9v3jkutnwdaehgu3wd3skueqpp4mhxue69uhkummn9ekx7mqsu0f2w 's side on this one. When it decides to go, it's going to run hard. 🤷 Just my opinion.
From a technical perspective, it's actually true. I can't remember the stat, but there are only a handful of days in the year where bitcoin's price moves the majority of its total gain/loss in the year. Really big moves really quickly, and the rest of the time it just coasts.
And take into consideration that there are nation states that are about to fight over it. As well as corporations.
💯
I heard someone say, can't remember who but I'm inclined to agree, that the possibility of a super cycle is in his opinion low because even though corps and states are getting in, it's not like they're all super maximalists. They're going to behave the same as retail did in previous cycles but with a LOT more capital, causing the same price action, just on a much larger scale.
I'm prepared for humongous swings 🎢
Perhaps, but the limited finite supply might preclude such.
No