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

[modrobert]

@onlyyontv
#China logistics firm in Guangzhou confirms to @CNBC it’s airlifting 3,000kg (6,600lbs) #bitcoin  mining machines to Maryland, USA. Fenghua International advertises products delivered to door, tax on both ends cleared. Price per kilo: as low as $9.37! #cryptocurrencies

https://twitter.com/onlyyoontv/status/1406911193126785026?s=21

YES. YES YES YES YES YES!

Cargo flight stop in Maryland to refuel and then off to final destination; El Salvador...right?

[Torque]

For me it more and more clear that news is more and more irrelevant

Meme change my mind

[El duderino_]

For me it more and more clear that news is more and more irrelevant

Meme change my mind

Same kind of thing

Though news as bull or bear…. Just noise….

[philipma1957]

All coin mining reduced bigly.

All coins have retreated in price.


The major difference in 2018

was all hash rate was going up.

and all prices were dropping.

Hold on to your hats 🎩 and watch the show.

I am stacking my btc and selling all other coins I mine at a profit.


we should drop under 17 diff maybe under 16 diff.

watching the diff rise again soon will be the key.

soon is sept 2021

if diff keeps retreating well beyond sept 2021 I would get worried.

[Torque]

https://www.cnbc.com/2021/06/21/cramer-sold-almost-all-of-his-bitcoin-fears-china-is-over-crypto.html

When the biggest investor fraud of all, Jim Cramer, starts saying shit like this on MSM

you know the bottom is near

#BUYBTC #BTFD

[ChartBuddy]

Explanation

[cAPSLOCK]

@onlyyontv
#China logistics firm in Guangzhou confirms to @CNBC it’s airlifting 3,000kg (6,600lbs) #bitcoin  mining machines to Maryland, USA. Fenghua International advertises products delivered to door, tax on both ends cleared. Price per kilo: as low as $9.37! #cryptocurrencies

https://twitter.com/onlyyoontv/status/1406911193126785026?s=21

YES. YES YES YES YES YES!

Cargo flight stop in Maryland to refuel and then off to final destination; El Salvador...right?

I'd be OK with that too.  Maybe even better.  I just want to see them in countries that WANT them.

It is going to become clear sooner that China has made a pretty bad error driving them away.  But I think they are going for their whole CBDC push.

[Paashaas]

https://twitter.com/BitcoinMagazine/status/1406997335960428546

https://financialpost.com/pmn/business-pmn/sothebys-diamond-auction-marks-another-bitcoin-milestone

[ChartBuddy]

Explanation

[Phil_S]

50% of ATH is $32400, looks like dips below that level are very short-lived.

[Toxic2040]

the morning wall report




#dyor

1h



4h

#stronghands

[ChartBuddy]

Explanation

[aysg76]

Seeing the market now the condition of most traders is like this wondering when it will pump again.But still hoping to get some support say at $30k level.

The market keeps dipping but not the first time so don't worry.

[Wekkel]

I tend to see it differently.

Corn is stamping a bottom 50% above 2017 ATH.

The long term trajectory is still massively up.

All is good 

[Millionero]

Germany's 🇩🇪 second most read newspaper, F.A.Z, just published this full page #Bitcoin  piece.

"#Bitcoin  Packs a Punch"



https://twitter.com/documentingbtc/status/1406629207438921733?s=21

Is there a link to a translation?

[Toxic2040]

I tend to see it differently.

Corn is stamping a bottom 50% above 2017 ATH.

The long term trajectory is still massively up.

All is good 

+1 WOsMerit

one could extrapolated that even further..

not only is it 50% above its previous ATH....its 50% under it current ATH

maths..smh

[gallianooo]

I dont think 30k will hold. We need one more deep shake out. We were here before and the interest was not much. We need a price to convince the people with money to get in. I hope so much that I am wrong. But gut and experience wise I think 23-24k is a painful level where the market could turn. I dont think we see sub 20k ever again.

Agree that 30K will maybe not hold, as we didn't see any real bounce or conviction since this (local ?) bottom.

But at the end 30k or 24k.. from my side, can be almost the same. We would be still above the previous 2017 ATH so.. if we need to see a really painful / capitulation level, we should visit 20K again or even bit less..

I cannot believe at this scenario for now, but who knows. For now 30K level makes his job, even if there is no fuel to go up.

Stay positive. We will be higher this year.

[Arriemoller]

Congratulations Toxic!!

[JSRAW]

Congrats brother.

[ChartBuddy]

Explanation