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

[d_eddie]

China will print ~170M$ on Monday. The inflow rate into btc won't be so high as with tether probably, but it can't be too bad for the badger either. SOMA analytics summary: a measurable blip up is due.

[1680281872]

1680281872

[jupiter9]

Thanks to @jack for helping to pump the price of Bitcoin today. #bitcoin hashtag now trending due to everyone testing new emoji  

I had to check the price after seeing this post and I see nothing very significant yet. Observing @ $9,428 only

You think the new users will be registered on coinbase and fiat money transfered from the banks in just a few hours? The old users pushed the price a couple of hundreds up. What else do you want? A double vegeta for a dtupid emoji?

[Gyrsur]

please close the week above $9442 (38.2%).

[vapourminer]

^
[img width =180]https://media.giphy.com/media/smvO0U7z3ZE2Y/giphy.gif[/img]

Jeep, I've always had one at home, you can do anything with them.

oh yeah the original. built by ford and willys.. a bud of mine has one that he has restored. runs it in parades.

fun fact - in the original willys (WW2 vintage) all the ford parts have a "F" stamped on them lol. so when a part broke they would known who manufactured it.

[serveria.com]

Let's finish this week above 9500! Five digits next week? 

[BitcoinNewsMagazine]

$9273 to $9442 is a zone of strong resistance predicted from multiple Fibonacci retracements. I would be happy with a green weekly candle TBH.

[Gyrsur]

Let's finish this week above 9500! Five digits next week? 

[Gyrsur]

$9273 to $9442 is a zone of strong resistance predicted from multiple Fibonacci retracements. I would be happy with a green weekly candle TBH.

another true fibo believer!  

#nohomo

[VB1001]

^
[img width =180]https://media.giphy.com/media/smvO0U7z3ZE2Y/giphy.gif[/img]

Jeep, I've always had one at home, you can do anything with them.

oh yeah the original. built by ford and willys.. a bud of mine has one that he has restored. runs it in parades.

fun fact - in the original willys (WW2 vintage) all the ford parts have a "F" stamped on them lol. so when a part broke they would known who manufactured it.

Jeep and Bitcoin are unique, the rest are copies.

[mindrust]

^


Jeep, I've always had one at home, you can do anything with them.

Great against Zombie&Coronavirus apocalypse. You drive right through the zombies. You drive, your chick shoots them AK-47. Yeehaw

[lightfoot]

Well, in a subjective reality it depends on your beliefs. If you team does it, it's great and good and wise fiscal stewardship. If the other team does it, it's deficit spending and robbing future generations, and a symptom of evil greedy money grubbing people.

When your team does it, it grows the economy (sure, measured in that currency) and creates jobs (and hides that banks are bankwupt).
When the other team does it it is keeping a currency artificially low and causing a trade deflect.

"It's the same thing" said Pooh

Milne, AA. (1917) House on Pooh Corner, Doubleday books

[Raja_MBZ]

Will this support level hold? Or are we actually going to witness the continuation of "alt-season"?

[Paashaas]

- China’s death toll rises to 304 with more than 14,550 confirmed cases.

So how is that tracking with that spreadsheet that was being passed around last week? I seem to recall we should be in thousands of deaths by Feb 2nd.

Just thinking.

Posting spreadsheets everyday might be annoying to some people here. A quick summary is better, to much things happening.

Do not trust China's official numbers or statements, casualties are higher than they say.

[Paashaas]

Bitcoin halving 2012 vs 2016 vs 2020.


https://twitter.com/onemanatatime/status/1223438428995375104

[Biodom]

Will this support level hold? Or are we actually going to witness the continuation of "alt-season"?

Thanks for the graph, merited.
My interpretation is slightly different.
It's not the altseason, it's a repricing of POS (including upcoming POS (eth) and NRC, not real crypto (ripple)) vs POW crypto.
The difference: only POS/NRC coins really move, POW alts don't move much.
I think that it would continue for at least 2-2.5mo, after which we would probably have a fast move in btc (at least 10 points up in dominance from the lows at the end of March-beginning of April).

[Raja_MBZ]

Thanks for the graph, merited.
My interpretation is slightly different.
It's not the altseason, it's a repricing of POS (including upcoming POS (eth) and NRC, not real crypto (ripple)) vs POW crypto.
The difference: only POS/NRC coins really move, POW alts don't move much.
I think that it would continue for at least 2-2.5mo, after which we probably would have a fast move in btc (at least 10 points up in dominance from the lows at the end of March-beginning of April).

TBH, that's not a common point-of-view. I've heard people shouting "PoW will pump, PoS won't!" before, but not the opposite of it. Let's see if what you're saying actually happens.

Two coins out of my whole portfolio that pumped a hell lot in January are ADA and ZEC. One is PoS and the other is PoW. I've completely bitcoin-ed out my ZEC, but not ADA. I honestly would love to see ADA/BTC running up further. Let's see, let's see...

[Biodom]

Thanks for the graph, merited.
My interpretation is slightly different.
It's not the altseason, it's a repricing of POS (including upcoming POS (eth) and NRC, not real crypto (ripple)) vs POW crypto.
The difference: only POS/NRC coins really move, POW alts don't move much.
I think that it would continue for at least 2-2.5mo, after which we probably would have a fast move in btc (at least 10 points up in dominance from the lows at the end of March-beginning of April).

TBH, that's not a common point-of-view. I've heard people shouting "PoW will pump, PoS won't!" before, but not the opposite of it. Let's see if what you're saying actually happens.

Two coins out of my whole portfolio that pumped a hell lot in January are ADA and ZEC. One is PoS and the other is PoW. I've completely bitcoin-ed out my ZEC, but not ADA. I honestly would love to see ADA/BTC running up further. Let's see, let's see...

I was partially referring just to today's sharp POS move. let's see if it continues or not.
personally, i like POW more as it feels real (converting electricity to coin's security).
In a long run it is possible that king btc will defeat all (going back to 80-90% dominance), we shall see.

[lightfoot]

EDIT: Did you create and update that table by yourself, didn't you?
Please keep posting this.

Indeed, thank you for posting this. This is actual predictions that can be matched with fact, *really* cool and useful.

[gentlemand]

It's palindrome day today, the first in 999 years.

The next will be on 12/12/2121 and then not again until 03/03/3030.

Go forth and celebrate. I would but I threw another Windows 7 party yesterday to celebrate the end of updates. It was kerrrazy.

[Last of the V8s]