Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by on 10/12/2025, 17:18:16 UTC
That price projection looks very wishful. I would truly be willing to bet against such a drop, and it seems that a lot of folks are shooting for fantasylandia prices that are horey sheit low, while at the same time, they are going to be quite lucky if they can bring BTC prices below the April 2025 low of $74,434.. and it could well end up being the case that our $80,537 low from November 21 ends up being the low for this local dip (yet it is hard to know, maybe only around 50/50 odds at this time, since we are still ONLY around 15% above that current $80,537 local bottom.
We get back into a classic and ever repeating situation that involves guys failing/refusing to prepare themselves for either price direction, and in bitcoin especially, the failure/refusal to prepare for up is quite the repeated problem, especially given that we seem to still only have around 1% of world-wide adoption of this asset... so many retail are getting fucked out of Bitcoin while there seems to be a more isolated battle going on and also attempts to co-opt and absorb bitcoin into various centralized and custodial systems, so many folks continue to believe that exposure to bitcoin and bitcoin is the same thing.
It is usually people who sold or that have opened shorts that start writing false analysis about the price movements that are actually just wishful FUD. The more people that they can convince the better chances they have to materialize their predictions. Generally almost all predictions are completely baseless, even if they try to find random patterns in the chart and make some drawings. We get back into a classic and ever repeating situation that involves guys failing/refusing to prepare themselves for either price direction, and in bitcoin especially, the failure/refusal to prepare for up is quite the repeated problem, especially given that we seem to still only have around 1% of world-wide adoption of this asset... so many retail are getting fucked out of Bitcoin while there seems to be a more isolated battle going on and also attempts to co-opt and absorb bitcoin into various centralized and custodial systems, so many folks continue to believe that exposure to bitcoin and bitcoin is the same thing.