Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[jojo69]

The truth is treason
To an empire of lies
Power in numbers

From my science side, I agree we need to stop trashing the planet. I don't want to breathe Asia's burnt chemical garbage into my lungs nor eat their plastic ocean waste whenever I want seafood. I think we all agree on this part.

so much this

Climate doesn't matter, all you have to to is tear you eyes off of your fucking 3" screen and look the fuck around you to see that we are being totally irresponsible.  So many people that purport to be "conservative" treat the natural world like some magic inexhaustible daddy's wallet they can just keep mooching off forever.

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[Globb0]

Hmm

I'm hopping for this chart

[jojo69]

We are back in the accumulation zone. More time to increase your stash before the halvening. I am fine with that.


https://www.moonmath.win/

[LFC_Bitcoin]

Wake up you lazy FUCKING bulls, these are cheap coins right here. What are you guys waiting for?
Time to buy now or cry later !!!!

Get up off your asses!

[Gyrsur]

[BitcoinGirl.Club]

LOL Epic 🤪

By the way,
Good morning WO!
Observing @ $8,020
5 digits please!!!!!!!!!!!!!!!!!!

[El duderino_]

Would be the dumbest move ever...... if the bottom is in ?? You don’t wanna be left behind with some lame paper stacks

[Biodom]

Would be the dumbest move ever...... if the bottom is in ?? You don’t wanna be left behind with some lame paper stacks

Especially since Gemini, for example, pre-credits your buy.
Essentially, you say "transfer X $$", then these $$ (up to a substantial sum) are available for btc purchase immediately, which is very convenient.

[El duderino_]

[Ibian]

The Greta Thunberg Helpline has been launched to provide counseling services to middle aged men



More information here: https://youtu.be/gl99R6FM5s8

Not the child. Her parents. The child is a victim.

[Ibian]

Anyone else feel like Greta's speeches sound rehearsed? I don't know, the way she talks creeps me out.

There is a clip of her off-script. She has nothing to say on her own.

[El duderino_]

[El duderino_]

Bitcoin vs. Bitcoin SV in a nutshell.

https://twitter.com/fluffypony/status/1178319864970256384?s=20

  haha nice one lol

[Lambie Slayer]

In November 2018 we broke down sharply from 6k on Nov 14, it lingered range bound for 5 days around 5500 and on the 5th day it plummeted to the 4ks.

For those seeing thinking the breakdown of 9k is analogous to the 6k breakdown last winter, it should be noted we have lingered for 5 days around 8k since the 9k breakdown and if its a similar pattern we can expect a sharp drop very soon, maybe today.

Holding in this area is critical to avoid further massive damage to price.

Be safe out there.

[mindrust]

We are used to it. Going back to $5k or even $3k at this point doesn't mean anything to me other than "cheap coins". We already survived it once, we can do it again.

[Gyrsur]

In November 2018 we broke down sharply from 6k on Nov 14, it lingered range bound for 5 days around 5500 and on the 5th day it plummeted to the 4ks.

For those seeing thinking the breakdown of 9k is analogous to the 6k breakdown last winter, it should be noted we have lingered for 5 days around 8k since the 9k breakdown and if its a similar pattern we can expect a sharp drop very soon, maybe today.

Holding in this area is critical to avoid further massive damage to price.

Be safe out there.

good find, btw. but the drop was caused by fundamental issues (HashWar).

EDIT: question because I cannot remember. what caused the rally to > $10k from the bottom $3.2k? were there fundamental events for this? not really right?

[mindrust]

In November 2018 we broke down sharply from 6k on Nov 14, it lingered range bound for 5 days around 5500 and on the 5th day it plummeted to the 4ks.

For those seeing thinking the breakdown of 9k is analogous to the 6k breakdown last winter, it should be noted we have lingered for 5 days around 8k since the 9k breakdown and if its a similar pattern we can expect a sharp drop very soon, maybe today.

Holding in this area is critical to avoid further massive damage to price.

Be safe out there.

good find, btw. but the drop was caused by fundamental issues (HashWar).

EDIT: question because I cannot remember. what caused the rally to > $10k from the bottom $3.2k? were there fundamental events for this? not really right?

BAKKT bought 10k coins. I don't know any other good explanation to that pump.

[Gyrsur]

In November 2018 we broke down sharply from 6k on Nov 14, it lingered range bound for 5 days around 5500 and on the 5th day it plummeted to the 4ks.

For those seeing thinking the breakdown of 9k is analogous to the 6k breakdown last winter, it should be noted we have lingered for 5 days around 8k since the 9k breakdown and if its a similar pattern we can expect a sharp drop very soon, maybe today.

Holding in this area is critical to avoid further massive damage to price.

Be safe out there.

good find, btw. but the drop was caused by fundamental issues (HashWar).

EDIT: question because I cannot remember. what caused the rally to > $10k from the bottom $3.2k? were there fundamental events for this? not really right?

BAKKT bought 10k coins. I don't know any other good explanation to that pump.

ok, thank you! and now they are selling back slowly to investors. roughly $6k should be the lowest bottom until halving and some time after in my humble opinion. if nothing wild will happen like the HashWar or TulipFund / Faketoshi.

[fillippone]

My explanation for price pump and following dump is the following:

Related to this news, I can tell you that so far, the best explanation for the BTC price dump is the following:
1.Big swinging dicks got ready for a successful BAKKT launch, comparable to CME/CBOT futures, with 5000x Bitcoin volumes in the first days. This would have sent the BTCUSD Price skyrocketing.
2.Big swinging dicks loaded guns leveraging long position on Bitmex and buying bitcoin outright. This happened in the past months.
3. BAKKT launch was a disappointment, with ridiculous volumers.
4. Big swinging dicks understood BAKKT was not meant to be an immediate success they had to close their long, because VaR constraints.
5. This forced liquidation, than moved the price lower, forcing slower money to force their own liquidations, like a snowball effect.
6. Unfortunate coincidence (no tinfoil mode here) Hashrate dipped spurring a lot of concern (again, no conspiracies theories about a 51% attack against BAKKT, it might have been only a cloud services outage in inner China that temporarily stopped some mining pool).


Speaking of futures, I wrote this thread on the future definition, usage, contract detail, lingo etc.

Everything you wanted to know about BTC futures but were afraid to ask!


Please let me know if you like and how to improve it!
I am going to add details on the next days. This work was more time draining than expected!

[BitcoinGirl.Club]

What is it in 2024. I failed to recognize it.