I personally speculate that Bitcoin might move like this next:
Starting from tonight, we will surge upwards (around 3 a.m. Trump will likely discuss the Venezuela situation), all the way until this Friday when the PCE data is released.
It's just the weekend on Friday, so I estimate it will pull back for a couple of days to take a breather.
Then we will grind sideways until the 11th of next week, waiting for the Federal Reserve's interest rate cut to land - I feel there will first be a tempting short squeeze, and then it will be pushed up.
Anyway, it's just a casual guess, whether it's accurate or not depends on the market's mood. Everyone make your own judgment, DYOR is always a hard rule.
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MiningDisasterSurvivor
· 22h ago
Haha, here we go again with another "I think it'll go like this" prediction. I've been through this routine before. Trump at 3 a.m., PCE data, fake-outs and dumps... it all sounds convincing, but back in 2018 I was analyzing charts the same way, and still got totally wrecked. Honestly, your logic chain isn't bad, but the market never follows the script—don't ask me how I know.
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GasGoblin
· 12-02 18:48
Trump is going to stir things up again, this time how high he can pump depends on how long he can talk haha.
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SybilAttackVictim
· 12-02 18:47
Damn, it's the Trump meme at 3 a.m. again... Can this kind of hype really rise each time?
Does anyone still believe in this old script of bear traps and dumping?
If it really goes the way you say, I'll just eat cereal.
Grinding until the 11th... Your predictions must be pretty relaxed, huh?
But we really need to watch out on PCE day, let's talk about it then.
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SnapshotLaborer
· 12-02 18:39
Haha, I like this rhythm prediction, just don’t know if the market will follow your script.
The bear trap really disgusts people, I fall for it every time.
By the way, Trump opens his mouth at 3 AM, and we Asians have to stay up late to watch the market again.
Anyway, I’m optimistic about next week’s Fed; this wave before the rate cut will definitely wash away a batch of people.
Your speculation is well-founded, unlike some people who just blow hot air.
Waiting to see how the PCE data performs; I feel this week will be very interesting.
The grinding period is the most annoying, sideways fluctuations are the easiest to be played by market makers.
The real opportunity comes when the shoe drops; everything before that is just a warm-up.
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DaoResearcher
· 12-02 18:39
According to the historical data model in the White Paper, this predictive framework has typical hindsight bias, and the success rate of governance proposals has long been undermined by on-chain data.
It is worth noting that your assumption at this time node will be proven wrong within a 75% confidence interval, lacking support from Token economics.
From Vitalik's discussion on market predictions, this logic is full of holes, brother.
It's just wishful thinking; I am actually bearish on the feasibility of this idea.
Simply judging from the governance indicators of on-chain activity, this rhythm cannot keep up with the market's game equilibrium.
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BrokenDAO
· 12-02 18:30
It's this narrative of "policy expectations → data-driven → bear trap dumping" again. It sounds like the market is being treated as a certainty game. The problem is that those who predict so precisely each time end up getting caught at some stage, often because they overestimate their ability to understand the "market's mood."
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TokenomicsTinfoilHat
· 12-02 18:25
Trump's mouth is really hard to predict, it's strange if you can believe it.
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I'm tired of this bear trap dumping routine, what else can they do?
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If that PCE data on Friday turns out to be a black swan, it's game over.
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Will it drag until the 11th? I bet 5U it moves ahead of time.
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Alright, just casually guessing, anyway I'm just taking a wild guess haha.
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I absolutely will not buy the dip this time, last time I got trapped really badly.
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If the Fed really cuts rates, Bitcoin will be the winner.
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Sideways is the most annoying, not rising or falling is just uncomfortable to watch.
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An honest person, willing to say they're just guessing, is better than those pretentious analysts.
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3 AM? I actually want to stay up and watch the market, but alas, the life of a worker.
I personally speculate that Bitcoin might move like this next:
Starting from tonight, we will surge upwards (around 3 a.m. Trump will likely discuss the Venezuela situation), all the way until this Friday when the PCE data is released.
It's just the weekend on Friday, so I estimate it will pull back for a couple of days to take a breather.
Then we will grind sideways until the 11th of next week, waiting for the Federal Reserve's interest rate cut to land - I feel there will first be a tempting short squeeze, and then it will be pushed up.
Anyway, it's just a casual guess, whether it's accurate or not depends on the market's mood. Everyone make your own judgment, DYOR is always a hard rule.