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

[marcus_of_augustus]

Russia's deadline for unfriendly countries to pay in rubles coming on Monday. More drama in the fiat world, i see a lot of people panicking about inflation, food shortages etc... But oddly i'm somehow at peace, wondering why that might be  

...Maybe that's where you went wrong, there are some things that's universally right, if you question those you by default end up on the bad side.

Oh how i envy your naiveness, to the point where I'd feel bad popping that bubble.

... anywhere one can buy Ruble stablecoins?

edit: btc for russian oil/gas, rubles for btc ... checkmate?

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[JayJuanGee]

You need a reality check.

If you say so, then-it-must-be. LOL. I check on a daily basis, how about you? I question everything (even Bitcoin).

You might be too skeptical for your own good, Cryptotourist.. You might need to question ur lil selfie..    

Goodnight motherfuckers.

You are so sweet.





Sometimes.








I missed you too.



















Not.

...

I have seen for the 5th (10th? 20th?) time BTC go up or down $1000 + in the time it takes me to run down & get gas, or eat a sandwich, etc.  

Yet I have been unable to find fast news about what happened.  What news source has good & fast reporting why BTC price can move so quickly?  CoinDesk and CoinTelegraph don't cover "Breaking News" like that...

Tune into the Wall Observer thread (have you heard of it?)... We know everything here... you just have to ask the right question.. and filter out the dumbies.. including but not limited to yours truly.  

What news source has good & fast reporting why BTC price can move so quickly?  CoinDesk and CoinTelegraph don't cover "Breaking News" like that...

I find an obscure little part of the interweb called the "Wall Observer BTC/USD - Bitcoin price movement tracking & discussion" to be a really good source of bitcoin news. I think of it as the ultimate in distributed news reporting and it comes with immediate and up-to-date commentary on every news item. Highly recommended.

strawbs said it first.

I gotta admit.

[savetherainforest]

Goodnight motherfuckers.

You are so sweet.

Owww... JJG.. Your so... and such...



You Are A Total Piece of Sh!t that is now bitter and turned into a : Salty Sour Pussy ...... THE KIND OF PUSSY THAT REACHED A KIMCHi LEVEL OF FERMENTATION !!

[Toxic2040]

daily look backs

dyor



stronghands

[JayJuanGee]

These cultists around here on this topic, half of them kinda have me on ignore, because I tell them the truth too often.    

You're on a roll today, save the rf.

Seems likely that you need to check the accuracy of your maths and sciences.... - while you are at it you and your only buddy.. the maths and sciences expert should both check into that matter.

#justsaying

the Sunday evening wall report

Strong upward impulse in late trading today sends bitcoin up over $47k for the first time in months. Hodlers rejoice! Significant overhead resistance remains but a challenge of the kijun sen seems inevitable at this point near the $51kish mark.


dyor

Hopefully, that is not any kind of live clip of any of WO members getting caught into another "temporal."

We (royal or otherwise) surely would not want to get stuck in a temporal.. if we were to have our dithers?  I mean druthers.

oh better sell some now.

Don 't do it, you bear.

This is financial advise.

 

Buy now, buy often...

-PoolMinor

[img wdth=100https://i.postimg.cc/mZ6QrTN3/Buy-noww.png[/img]http://https://www.bitfinex.com/order-book/?pair=BTCUSD

https://youtu.be/VTgVwYBVRx4

Holy fuck this is huge, If you have powder use it.

I never in my life thought I'd hear this bitch say this shit!

Aged well as well.

Sorcerer.

Sorcerers everywhere.

Retrospectively

[ImThour]

Hands down, the best chart which is not even based on TA.

According to this, we haven't reached the peak nor the bottom.

https://www.lookintobitcoin.com/charts/1-year-hodl-wave/


And yea, no one will look at this and will only look at my bearish TA. Crazy IKR?

13th March Analysis - 2W Timeframe

Inverted Hammer at Support and MACD is bullish.
Overall: Bullish

[ChartBuddy]

Explanation

[JayJuanGee]

I'm not complaining, but have no idea what is happening.    

What else is new?

Goodnight motherfuckers.

You are so sweet.

Owww... JJG.. Your so... and such...



You Are A Total Piece of Sh!t that is now bitter and turned into a : Salty Sour Pussy ...... THE KIND OF PUSSY THAT REACHED A KIMCHi LEVEL OF FERMENTATION !!

That hurts so much coming from uie pooie, and it hurts even more that you bolded and ALL CAPSed parts of it... and even underlined parts too...

Edit:  However, after I read Goldkingcoiner's post below.. your description started making me want to eat myself... the way you put together those various flavors sounds kind yummy.,. add some sardines or tuna.. and likely unbeatable, no?  ... much much better than Bawb's earlier offer.

no one will look at this and will only look at my bearish TA.

In that regard, how's your short down to $10k going?


or alternatively your expectation that BTC prices would reach below the 200 Week moving average in the near future? (which you trajectored out to be below $20k).

Psychology and finances related to bitcoin couldn't be going too well when you are waiting with such confidence for such BTC price lows to happen, which on the backside likely means that you are failing/refusing to adequately/sufficiently prepare for UP, right?

Your failure/refusal to sufficiently/adequately prepare for UP does not count if you are measuring your short-term value in the fact that you are still holding onto your dollars.. right?   therefore, you did not lose any dollars, right?  even though the BTC price went up $12k.. or 30%-ish.

[ImThour]

Your failure/refusal to sufficently/adequately prepare for UP does not count if you are measuring your short-term value in the fact that you are still holding onto your dollars.. right?   therefore, you did not lose any dollars, right?  even though the BTC price went up $12k.. or 30%-ish.

Nope, didn't lost, only made some bucks, thanks to my analysis.

EDIT:
Also, my Moving Average theory is still going fine. A Bearish Candlestick on 50 MA.
This proves it was a retest and the downfall to 200 MA is about to begin.

[ImThour]

Hey Everyone,

Drawings on Chart:
Bottom - Green Line
Peak - Red Line
Halving - Yellow Line
200 MA and 50 MA are being used.



Does anyone notice the halving occurs in the center of where Bottom Starts and Peak Ends?

2011 to 2013, Halving happened in 2012 which was the center of that period.
2015 to 2017, Halving happened in 2016 which was the center of that period.
2018 to 2021, Halving happened in 2020 and if we consider the 69k ATH as a Peak, we see the halving is in the center once again.

Projected Bottom -
It is calculated on the basis of average number of days it previously took to reach Bottom from the Peak.

4th Halving Projection -
The date is from this source: https://www.deltecbank.com/2022/02/28/bitcoin-halving-2024/

Let me know what you think about this.
Thanks!

[savetherainforest]

Hey Everyone,

Drawings on Chart:
Bottom - Green Line
Peak - Red Line
Halving - Yellow Line
200 MA and 50 MA are being used.



Does anyone notice the halving occurs in the center of where Bottom Starts and Peak Ends?

2011 to 2013, Halving happened in 2012 which was the center of that period.
2015 to 2017, Halving happened in 2016 which was the center of that period.
2018 to 2021, Halving happened in 2020 and if we consider the 69k ATH as a Peak, we see the halving is in the center once again.

Projected Bottom -
It is calculated on the basis of average number of days it previously took to reach Bottom from the Peak.

4th Halving Projection -
The date is from this source: https://www.deltecbank.com/2022/02/28/bitcoin-halving-2024/

Let me know what you think about this.
Thanks!

I would rather say that we go to around $300K and then we come down to $70 < > $100K .   

[ChartBuddy]

Explanation

[goldkingcoiner]

Goodnight motherfuckers.

You are so sweet.

Owww... JJG.. Your so... and such...



You Are A Total Piece of Sh!t that is now bitter and turned into a : Salty Sour Pussy ...... THE KIND OF PUSSY THAT REACHED A KIMCHi LEVEL OF FERMENTATION !!

Mmm. That sounds like good pussy to me. 

[DaRude]

Russia's deadline for unfriendly countries to pay in rubles coming on Monday. More drama in the fiat world, i see a lot of people panicking about inflation, food shortages etc... But oddly i'm somehow at peace, wondering why that might be  

Not going to happen, imho.
They were saying that they would pay bonds in rubles too, then paid in $ and euro.

I am not sure why their contracts stipulated ONLY $ and euros, apparently, but they are valid contract nevertheless.
You can't just ask to be paid in rubles when the contract says: euros (for example).
There might be willing intermediaries, though (for the low low 5% or something).

Also not familiar with the terms and it might have to go through courts, but frankly once you steal/freeze someones money I can't imagine many people expecting Russia to continue to deliver tangible resources in exchange for imaginary units which it cannot use. Default is just a financial term, it implies that entity cannot pay it's debt. It's an indicator that such entity is a high risk, and shouldn't be dealt with unless you want to loose your money. Not sure how much creditors will care if Russia is financially solvent and pays its debt (in convertible yuan or with rubles with say set conversion rate to gold), but is forced to technical default just because US decides not to accept/process it's payments in USD. Business is business.

I understand that EU oil/gas reserves are pretty low coming out of the winter, think few countries even switched to spot for oil deliveries, not sure about the length of current contracts, but alternatively Russia can agree to continue accepting USD/EUR for bare minimum deliveries on current contracts but force any new contracts for next winter to be done in RUB. I expect everyone here is well aware that trades only happen when it's beneficial to both sides. When one side freezes all trades but leaves oil/gas, logic dictates that stopping these trades would hurt them more than the adversary. Russia was running surplus even before these high oil/gas prices, their main imports were machinery computers vehicles etc which now they cannot import anyway, they literally cannot spend the money that they're getting from their exports. Shitty part about sanctions is once you applied them all you have no more leverage. I wouldn't want to be on the EU side during these gas/oil contract negotiations:

EU: so here is our proposal, we just add binary bits in our computer which you cannot use and you send us that sweet sweet oil and gas so our heavy manufacturing can continue to operate and our people won't freeze next winter.
Russia: (slowly opens its fly and whips it out)  no, no, please go on, continue, what else would you like...

Edit: They have the money, paying their obligations on bonds is not an issue. US just decided to allow it this time JPMorgan sent the money to Citigroup after it sought and received the required approvals from U.S. authorities on Wednesday

[shahzadafzal]

[NoorulHuda]

https://mobile.twitter.com/WatcherGuru/status/1508019531435978757
https://mobile.twitter.com/WatcherGuru/status/1508030418746060803

Pardon Please.
This guy is spreading wrong information on Twitter.
I have contacted whith with Emaar.
They are saying they don't accept crypto for payment.
Proof is here.

[shahzadafzal]

You are so sweet.

Owww... JJG.. Your so... and such...



You Are A Total Piece of Sh!t that is now bitter and turned into a : Salty Sour Pussy ...... THE KIND OF PUSSY THAT REACHED A KIMCHi LEVEL OF FERMENTATION !!

I was about to eat my yummy apple-pie breakfast but forget it!!!!!

[Cosmic Beyonders]

A Historical Day of the BTC movement the most enjoyable and Profitable day.
BtC from the resistance of the 49500$ can take a dip keep tracking due to Major profit booking and 45000$  will work as the support level.

[JayJuanGee]

Your failure/refusal to sufficently/adequately prepare for UP does not count if you are measuring your short-term value in the fact that you are still holding onto your dollars.. right?   therefore, you did not lose any dollars, right?  even though the BTC price went up $12k.. or 30%-ish.

Nope, didn't lost, only made some bucks, thanks to my analysis.

No problem...   You can deny whatever you like.  I was just speculating about how a reasonable person might hedge in the event s/he actually believed some of the previous nonsense that you had posted (to the extent to which s/he could make heads or tails out of what you had posted).. and especially the proclamations that you already made about inevitable downity.. or down before up or whatever DOWNity hopium you had been attempting to put into the information world.

Would it NOT make sense if a person were to be expecting the BTC price to go down into the lower $20ks or spike below $20k or even to go into the $10k territory, s/he would prepare for such a scenario by at least holding some fiat on the side in order to prepare to buy if/when the BTC price goes to those lower levels?  At minimum?  Surely more aggressive actions could be taken too.. but there is no free lunch in regards to preparing for down is likely going to have some opportunity costs in preparing for down.. but instead you want to say that you make money on your trades even when you are seeming to be quite wrong... the opposite of right.

EDIT:
Also, my Moving Average theory is still going fine. A Bearish Candlestick on 200 MA.
This proves it was a retest and the downfall to 50 MA is about to begin.

I cannot tell what you are talking about when you refer to MA.. are you talking about the weekly MA?   The 200 Weekly Moving average is currently at about $20,700, so if you are suggesting that the BTC price is either approaching the 200 WMA or had already tested it, then you seem to be quite far off of that.  Sure, on January 24, the BTC price did spike down to $32,951, but on January 24, the 200 Week MA was at $19,253...

You can see the current location of the 200 week MA and the specific BTC price historical location of the 200-week MA at this website.

https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

@JJG - This is for you mate.

What are you trying to show me?  

By the way, I have nothing against your various charts or if you are trying to make various predictions, but you seem to be having difficulties with putting these matters in any kind of meaningful context.. and even in your later post when you say that historically there has been this much passage of time between the lows and the highs and the halvening happened between, you do not seem to be saying very much.. or at least nothing that has some kind of significant and/or predictive resonance.... and even your current assumption that November 9, 2021 at $69k might have been the top of this bull run seems to presume what you want it to presume rather than really helping to inform us where we might be in terms of price, how we got here and where we might be going.  

Are you suggesting that we are not going to have a breach above $69k during this calendar year?  Otherwise when are you suggesting such breach above $69k to be likely? 2023?  or some other date?  Seems to me that the odds are still pretty decent that we will get a breach of $69k this calendar year... I am not sure the odds, but I would not even be convinced that it would be fair to suggest that it might not be an extension of our earlier cycle that so many folks are wanting to suggested to have had ended in 2021 - yet I have a lot of doubts that king daddy, aka honey badger, aka lillie fiend, is going to give too many shits about allowing dates on a calendar to stop it from going UPpity if that is where the point of most pain might seem to be... especially for the status quo richie who are likely continuing to try to prevent the largest wealth transfer in history from continuing to take place... they should jump on board rather than fighting it, but surely it is not yet time for the battle to stop.. so some folks are going to likely need to have to suffer along the way, and surely many of the regular longer term BTC HODLer participants in this thread do not mind witnessing a decent number of the status quo rich to suffer because they continue to fail/refuse to jump on the bitcoin train and they likely still believe that they have tools in their tool box to fight it.

[ChartBuddy]

Explanation