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

[dieselmeister]

https://twitter.com/whale_alert/status/1351815346852917248

Can you help me to understand this. Bullish or Bearish sign? When its even a sign...

[BobLawblaw]

Can you help me to understand this. Bullish or Bearish sign? When its even a sign...

Usually considered bullish, being seen as a capital injection into the crypto ecosystem.

[dieselmeister]

Can you help me to understand this. Bullish or Bearish sign? When its even a sign...

Usually considered bullish, being seen as a capital injection into the crypto ecosystem.

Thanks

[heslo]

https://twitter.com/whale_alert/status/1351815346852917248

Can you help me to understand this. Bullish or Bearish sign? When its even a sign...

Any minting of USDT, USDC, etc is positive IMO, like Bob said, it's minted because the demand is there to put it into crypto

[OutOfMemory]

The thing is, traditional watches are functional jewelry. Every digital watch comes off like a modern toy in comparison.
Never saw a digi watch that did fit to an elegant suit, they always look cheap somehow.
But this thing is a monster, purely for attraction (and obscurity?)
Nothing beats a classic Rolex imho, but you need big hands as well to make em look really good.

Agreed. Pocket watches are always the best, but if you need an amazing wristwatch I would recommend a Hamilton 505 Ventura or even the Pacer. Futuristic in 1961, futuristic in 2021 (holy crap, it's been 60 years)

You read this article about Grayscale today? It was linked two or three pages back. (Spoiler: look out for the 2nd of Feb and the days after.)
Hope you're wrong because of DCA-dipping no more possible at around $36k?

EDIT: Here it is, for your convenience. Very bullish read, that is.

https://medium.com/coinmonks/grayscale-trust-and-the-effect-on-crypto-prices-3bbd49d6fcb7

Brother why to look for 2nd of February?? Whats happening? The only thing I know is that my GF has her Bday the 2nd of February and i'm not going to sell any coins and certainly no big amounts for the event...

I quoted the relevant paragraph:

The next major unlocking is set to happen around February 3, 2021. Meaning the time period beforehand will be void of unlockings.

This void enables the market to cool down. That’s what we’re currently witnessing the week of January 11th.

[BobLawblaw]

Looks like this drop may be tied to ETH related shenanigans. Just saw some ETH quarterly shorts getting rekt come across my timeline.

[OutOfMemory]

Looks like this drop may be tied to ETH related shenanigans. Just saw some ETH quarterly shorts getting rekt come across my timeline.

Looks like that to me too, but only in some recent parts of the charts. It's more sideways anyway, when i zoom it away.
But many of "promising" alts are falling in price too, so i am thinking more in direction of people generally holding back their investments before the president elect is in effect. Don't get me wrong, i love art, even if 101% gay, but i don't want to be the one triggering you to post a non censored hardcore gay anime pic 

[BobLawblaw]

Got filled @ $34.5k.

Prepare for chop.

Going back to bed.

[El duderino_]

Got filled @ $34.5k.

Prepare for chop.

Going back to bed.

72 hours to 50k still not passed.... your prediction is still in play 

[fillippone]

Brother why to look for 2nd of February?? Whats happening? The only thing I know is that my GF has her Bday the 2nd of February and i'm not going to sell any coins and certainly no big amounts for the event...

I quoted the relevant paragraph:

The next major unlocking is set to happen around February 3, 2021. Meaning the time period beforehand will be void of unlockings.

This void enables the market to cool down. That’s what we’re currently witnessing the week of January 11th.

If you are scared for February 2, then brace yourself for more to come:



Source

Can you see how February compares to June? or July?
February end of lock period is related to buys in July. This is NOTHING compared to the buys in Q4 this year, as you can see, that will result in endo of Q2 end of locks.

Conor McGregor’s new $1 million watch
https://twitter.com/HotFreestyle/status/1349873785483259904

nice, but what time is it?

Can you make calls, play games, or check Bitcoin prices with it?

I'm not 100% in favor for this watch but still I do love traditional watches more over sports watches or apple watches or whatever ...

The thing is, traditional watches are functional jewelry. Every digital watch comes off like a modern toy in comparison.
Never saw a digi watch that did fit to an elegant suit, they always look cheap somehow.
But this thing is a monster, purely for attraction (and obscurity?)
Nothing beats a classic Rolex imho, but you need big hands as well to make em look really good.

The only watch I care about:

Fillippone (MI5)

#meritislife: how to be notified on a smartband of merits and mentions

[bitcoinPsycho]

Weeeeee

[somac.]

Increasing volume at this level, it is around the support of this triangle that we have been consolidating in since the 42k high.

Buy the dip time is now.

[Wekkel]

January consolidation month.

This is fine.

[savetherainforest]

The only watch I care about:

Fillippone (MI5)

#meritislife: how to be notified on a smartband of merits and mentions

Still don't know : "wtf do u do with s-"merits" ... hmmm??"  

[ivomm]

Increasing volume at this level, it is around the support of this triangle that we have been consolidating in since the 42k high.

Buy the dip time is now.

[phishead]

Attention to all crypto-entrepreneurs

Just wanted to take a second of your time to check out my auction for a possible Bitcoin/crypto business PR contract with me, while also helping me pursue a dream I've always had, and to do it all with Bitcoin I've held since my delivery driving tip money days.  Thanks for your time and happy hump day!

https://bitcointalk.org/index.php?topic=5310811.msg56139513#msg56139513

[dieselmeister]

Increasing volume at this level, it is around the support of this triangle that we have been consolidating in since the 42k high.

Buy the dip time is now.

I have no fucking fiat money any more ... "Verdammt!"

[UnDerDoG81]

Guys we only dropped few % from ATH but I feel so poor  when moon?

[d_eddie]

Trump Pardons Ripple Board Member Ken Kurson; Ulbricht, Snowden Not on List

Silk Road’s Ross Ulbricht was not among the 143 individuals to receive clemency from the President, despite reports he was being considered.

https://www.coindesk.com/trump-pardons-ripple-board-member-and-family-friend-ulbricht-not-on-list

[Krubster]

Let's have a look at the previous bull market.



The first leg up lasted for 79 days with 224% gains. The following correction lasted for 34 days, ending with a big fakeout (-39% from ATH) before the next leg up.

Looking at the other corrections, we can see that they all ended in a similar way, with a big dip before going up again.


Now let's have a look at the current market.



Here the first leg lasted for 93 days with 295% gains. The currect correction that we are in right now have resulted in a 27% dip so far.

If the current bull market will behave anything like the previous one, it would indicate that we are in for a bigger correction before going up again.

But hey, what do I know. This time it's different ^TM, right?

(Sorry for the big pics, but they became unreadable when I was trying to scale them down)