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

[ChartBuddy]

Explanation

[1713591011]

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[1713591011]

1713591011

[1713591011]

1713591011

[Sayeds56]

Inverse Head and should is forming on BTC chart, a breakout is likely to happen but Major Resistance is 42K that has to be crossed to achieve major mile stone of 51K.




https://www.tradingview.com/chart/BTCUSDT/xiNmjrbb-BTC-Inverted-Head-and-Shoulders/

[ChartBuddy]

Explanation

[luckygenough56]

Inverse Head and should is forming on BTC chart, a breakout is likely to happen but Major Resistance is 42K that has to be crossed to achieve major mile stone of 51K.




https://www.tradingview.com/chart/BTCUSDT/xiNmjrbb-BTC-Inverted-Head-and-Shoulders/

all that technical blabbering when you could just zoom out and see we were going to do at least that right shoulder given a bit of time. What happens next is the question indeed, my outta my ass chart,



a bit of sideways and restesting before going back to business

notice the ant buy volume, even if volume doesn't mean shite anymore

[ivomm]

U.S. billionaire and one-time cryptocurrency skeptic Carl Icahn is contemplating a potential $1.5 billion investment in digital currencies.
https://twitter.com/CoinDesk/status/1397820256463298560
https://www.coindesk.com/carl-icahn-bitcoin-crypto-big-way

[luckygenough56]

U.S. billionaire and one-time cryptocurrency skeptic Carl Icahn is contemplating a potential $1.5 billion investment in digital currencies.
https://twitter.com/CoinDesk/status/1397820256463298560
https://www.coindesk.com/carl-icahn-bitcoin-crypto-big-way

Carl is being hit by the fomo it seems and buy at 40k, smart investor move  wow or is it just another news (contemplating lol) to boost the price because the skeptic bought at 4k

Anyway he will invest in doge i'm sure 

[ChartBuddy]

Explanation

[Phil_S]

What if the price is $ 72,401?
Would Phil_S win

Finally, an interesting subject of discussion in WO.  

[JimboToronto]

Now that's a wall. 

Back to bed.

[El duderino_]

Going down yo.

And up

*sleep well

[Arriemoller]

Going up again yo.

[Arriemoller]

I have downloaded a 1:56 scale model that I need in 1:87 what percent do i input in the slicer please.

[ChartBuddy]

Explanation

[El duderino_]

https://twitter.com/prestonpysh/status/1397587638538981378?s=21

[ChartBuddy]

Explanation

[Phil_S]

I have downloaded a 1:56 scale model that I need in 1:87 what percent do i input in the slicer please.

I would assume it's 56/87 = 0.6437 or 64.37%

https://twitter.com/prestonpysh/status/1397587638538981378?s=21

[ChartBuddy]

Explanation

[Gyrsur]

conclusion: this time it is different. you cannot compare the bull run of 2017 one-to-one with the situation today.

reason: if you look into the chart of the pre 2017 ATH you will recognize that after the burst of a mini bubble the low after was never lower than the high of the former mini bubble. but this time the low is lower than the pre high. that leads to pure panic in the market. you can called it manipulation of the market.



First line from below: ATH 2017
Second line from below: High of the first Mini Bubble
Third line from below: High of the second Mini Bubble

the Low of the second Mini Bubble is much lower than the High of the first Mini Bubble. the aim was to shake out the weak hands.

EDIT: updated with a pic.

EDIT2: second pic is the same as the first one but with a logarithmic scale. we have a long way to go in front of us until we will reach the next bear phase.



EDIT3: something to consider too: before the ATH 2017 there were no PRO tools like (regulated) Futures and Options available to trade with. the burst of the ATH Bubble of 2017 happened at the day of the start of the BTC Futures on CME.

[somac.]

conclusion: this time it is different. you cannot compare the bull run of 2017 one-to-one with the situation today.

reason: if you look into the chart of the pre 2017 ATH you will recognize that after the burst of a mini bubble the low after was never lower than the high of the former mini bubble. but this time the low is lower than the pre high. that leads to pure panic in the market. you can called it manipulation of the market.

Which mini bubble are you referring too? And what's your opinion on direction of market from here?

[Gyrsur]

conclusion: this time it is different. you cannot compare the bull run of 2017 one-to-one with the situation today.

reason: if you look into the chart of the pre 2017 ATH you will recognize that after the burst of a mini bubble the low after was never lower than the high of the former mini bubble. but this time the low is lower than the pre high. that leads to pure panic in the market. you can called it manipulation of the market.

Which mini bubble are you referring too? And what's your opinion on direction of market from here?

that's my opinion.

save your wealth.