Back in the channel. Did you enjoy the round trip annon.
Discussion
😫
New ATH imminent.
Watch the price in gold ounces. It’s more accurate that way
Yeah, good point. How far we from Ath priced in that? I know we're below
We are at 32 ounces, need to pass the 39.5 ounces for ATH
The usd is absolutely getting murdered rn. Enjoy the debasement fren 🥵
That's pretty close, have a good feeling about q4
That’s roughly 30k from here so at 150k if gld doesn’t continue up
Yeah. Assume it'll rise as well, just a bit less, so let's say 180k is the goal :) Closer than it seems (I really really hope)
Hope it shoots up. It’s been really underwhelming haha
Know what you mean. Not since the trump pump a year ago has it felt exciting price wise. Was expecting a few more such feelings.
I mean who knows. Maybe all this time we have been in a bear market? And the bull phase maybe hasn’t even started yet 🤷♂️
The sell pressure has been insane tbh not what I expected
My blind guesses are a combination of larger market cap, paper bitcoin/mnav > 1.0, traders getting chopped trying to long the bull assuming cycles align, and lack of buzz are dampening things a bit, despite all the huge positive developments.
Oh, and the sell pressure too, which you're right, is rather shocking when you consider it hasn't even been that volatile.
Oh well shrug