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

[ChartBuddy]

Explanation

[1715384914]

1715384914

[1715384914]

1715384914

[1715384914]

1715384914

[bitebits]

This is Saylor's stacking of sats visualized.:


https://twitter.com/woonomic/status/1476805762420600832

[ChartBuddy]

Explanation

[heslo]

I'm getting in early but it's nearly new years in my part of the world so happy new year to you all! Hope it's a great 2022 and it's been a pleasure to share this ride with you all over the past few years! Here's to new heights, good health and great friends

[shahzadafzal]

https://twitter.com/naiiveclub/status/1476771034468544512?s=21

[ChartBuddy]

Explanation

[shahzadafzal]

I'm getting in early but it's nearly new years in my part of the world so happy new year to you all! Hope it's a great 2022 and it's been a pleasure to share this ride with you all over the past few years! Here's to new heights, good health and great friends

Happy New Year to all of you!

Wishing to you guys a lots lots of green candles in 2022.

[BitcoinBunny]

I'm getting in early but it's nearly new years in my part of the world so happy new year to you all! Hope it's a great 2022 and it's been a pleasure to share this ride with you all over the past few years! Here's to new heights, good health and great friends

Happy New Year to all of you!

Wishing to you guys a lots lots of green candles in 2022.

[ChartBuddy]

Explanation

[dragonvslinux]

Well look at that!  Seems we got a decent bounce.  But now the question is what next...  the volume and all the other signs are pointing to breaking down.  And being the last day of the year coming up you would think the bears and bulls have a little shenanigans planned for the next 24-48... SUCH FUN watching the walls!

Highest Daily volume candle since October 6th on CB? Not convinced volume favours the bears anymore, even if was previously the case (and when you posted such an observation).



Price is struggling to get over the 200 Day MA & VPVR point of control around $48K, but otherwise looks neutral short to mid-term while remaining at this level. Quite simply, a rejection from this price is again bearish and a break above is again bullish. Hence $48K always being a key price level for me.  Notably, the bears yet again failed to push prices lower than $46K, that instead attracted considerable buying pressure.

For now the trend remains sideways, with buyers stepping in below $48K and sellers stepping in above it. Until this narrative breaks, price remains undecided in a short to mid-term. Price has otherwise bounced from some longish-term support, which is a positive sign, but requires closing above $48K as well as moving back above $50K for confirmation. Otherwise is nothing more than another dead cat bounce.

While not being an expert in Wycoff accumulation theory, I am beginning to see this pattern within the current short-term trend:



Needless to say, it requires confirmation by a breakout above the current resistance level around $51K. Looks similar though.

The Wyckoff accumulation phase is a sideways and range bound period that occurs after a prolonged downtrend. This is the area where larger players try to build positions.

[ChartBuddy]

Explanation

[aysg76]

This is some good shit 



This road patch is also going to be soon degraded with time like his image because doge is doge which means it is shitcoin.

[Shamm]

Hello world Observer family, me again Shamm
I will not active here since last week cause we were hit by a typhoon and I save my baterry percentage. But know my neighbor offer me to charge my phone cause they have a generator.

I want to greet you all a happy HAPPY NEW YEAR 🎊

[PoolMinor]

This is some good shit 



This road patch is also going to be soon degraded with time like his image because doge is doge which means it is shitcoin.

Doge was the original stable coin. Trading at 30 sats for so long. I see it stable @ $1 if they can reduce the fee structure and initiate a burn of sorts to make it more deflationary.


What is going to happen to all the stable coins when the currency that they are representing becomes hyper-inflated?
 

[d_eddie]

What is going to happen to all the stable coins when the currency that they are representing becomes hyper-inflated?

They stay pegged to hyperinflation, and the holders get pegged too - in a different way.

[ChartBuddy]

Explanation

[cAPSLOCK]

Actually i've been waiting for the male-british-gay version of Jeanne d'Arc for too long.
But i fear Hollywood will annoy us with Joan Rambo first 
Sigh...

I can't wait to watch that show where they portray Anne Boleyn as black.

Fuck this Goddamn space rock.

As long as there are people who can see and fight the nonsense we will eventually get back to where we need to be.  This madness cannot last forever.

Though there are times I am close to giving up...

[xhomerx10]

~snip
We would likely need some mutually agreeable escrow.. so another thing that I am thinking is where the fuck is

@Dabs

when you need him?
~also snip

 What with 4 different diets and 40 flights of stairs 3X per day, he is far too busy shedding the winter weight to worry about escrow.   

[d_eddie]

Actually i've been waiting for the male-british-gay version of Jeanne d'Arc for too long.
But i fear Hollywood will annoy us with Joan Rambo first 
Sigh...

I can't wait to watch that show where they portray Anne Boleyn as black.

Fuck this Goddamn space rock.

As long as there are people who can see and fight the nonsense we will eventually get back to where we need to be.  This madness cannot last forever.

Though there are times I am close to giving up...

It is rumored that Anne Boleyn was the granddaughter of Kunta Kinte himself. Or was it MLK's stepsister? Can't remember.

[ChartBuddy]

Explanation