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

[Toxic2040]

the Sunday evening wall report


Bitcoin down again slightly today, falling -1.71% late in the session on moderate trading with the weekly candle closing at $39,691.27.

This next week might see some movement finally as tax fiiling ends...in the more uppity direction instead of all this downnity direction that has seemed to linger far too long.

I think things will start clarifying this coming week. Steady on

dyor


doesnt look like a train hardly a'tall...so what     Carolina will not be denied to us forever.   
4h


tenken sen and kijun sen overhead with span B now offering resistance
D


W w/ 26/104 weekly moving averages


fighting for the cloud atop span B    late in the summer or beginning of the fall showing a fat bulge of liquidity   
W w/clouds

stronghands

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[philipma1957]

This weekend Is:

 1) Easter 2) Passover 3) Ramadan


I wonder if BTC will resurrect itself This Mon to Fri April 18-24?

[Adnan32]

I think so we can consider it a majour buying zone as we can see the history here that is a Strong suport level also.

So if we consider the bounce back then that will be the perfect entry

[xhomerx10]

This weekend Is:

 1) Easter 2) Passover 3) Ramadan


I wonder if BTC will resurrect itself This Mon to Fri April 18-24?

 It's Duminica Floriilor (Palm Sunday) for those who base their date for Easter on the Julian calendar which means another chance at resurrection the following week.  As the Ukrainians are saying today: Бyд’ вeликий як вepбa, здopoвi ’як вoдa, бaгaтi як зeмля (Be as big as a willow, healthy as water, rich as earth)

[ChartBuddy]

Explanation

[philipma1957]

This weekend Is:

 1) Easter 2) Passover 3) Ramadan


I wonder if BTC will resurrect itself This Mon to Fri April 18-24?

 It's Duminica Floriilor (Palm Sunday) for those who base their date for Easter on the Julian calendar which means another chance at resurrection the following week.  As the Ukrainians are saying today: Бyд’ вeликий як вepбa, здopoвi ’як вoдa, бaгaтi як зeмля (Be as big as a willow, healthy as water, rich as earth)

I know that there are multiple Easters as I lived in Astoria ,Queens 1986-1992 and meet the head of the Greek Orthodox Church as there was a Major Greek church a few blocks from my apartment. Also watched Telly Savalas film an episode of Kojak at that same church.  St. Demetrios Cathedral on 31st street and 30th Dr.

I could not figure a way to include the other Easters, but you did a good job thank you.

[JayJuanGee]

I think so we can consider it a majour buying zone as we can see the history here that is a Strong suport level also.

So if we consider the bounce back then that will be the perfect entry

Are you saying that strong support is in the $39k to $41k price arena?  And bounce back is coming this week?  or some later point?  And, if so how for is the bounce back going to go?  You know that we have not really gotten above the $46k for very long in this calendar year, so far, even though the toying around with $46k to $48k did end up lasting about a week at the end of March and the beginning of April, which caused some stronger speculations that the $32,951 bottom from January might be "in" but at the same time, if there were a kind of bounce back from our current range of something like $39k to $41k, then we would get back into that more trickier area in which there are more possible battles.

Sure there are still battles in the upper $30ks and lower $40ks but such battles do not seem to be as strong as the potential ones in the upper $40ks - so I am having some trouble, currently considering bouncing back into a battle zone to be considered as a bouncing back rather than putting the BTC price back into a battle zone area.. which surely, may well be due to resume the battle - even though personally, I would be having a hard time calling that a bouncing back rather than a return to the battle zone, if it were to occur that we go back in the $45k to $48k zone in the near future.

[Richy_T]

Sound crazy?

Yes. But it also sounds likely.

[Richy_T]

Interestingly enough, I see that Bitfury, have already rolled out a system which is in use today in conjunction with the gubermint of Georgia which does use BTC in a fashion for real estate registry. (It uses a private permissioned blockchain to collect all the data and execute the tx, and then publishes it to the Bitcoin blockchain for public verification)

So far has 300,000 properties supposedly recorded in this fashion.

"NAPR (which is charged with land registry in Georgia)  was able to provide Georgian citizens with digital certificates of their assets supported with a cryptographic proof (known as a hash). This hash was published to the Bitcoin Blockchain. This enabled the owner of the document to prove their legitimate ownership of the property by showing their timestamp. No one can alter the timestamp on the Bitcoin Blockchain, including NAPR.

Integrating this layer meant that information about a property title could not be altered, and that any attempted tampering would be equivalent to tampering with the Bitcoin Blockchain (making it publicly visible to everyone on the Bitcoin network)"

Good, practical use. Not an NFT.

[Cryptotourist]

@CT: I don't use no ignore list. I just have no idea what to reply to your ass-crazy projections.

Okay. Good.
But how about the lyrics of the track that was just for you?
I thought they were spot on.


So, orthodox Easter incoming. I’m going to be extra nice this week.
Now don’t take advantage of that, else my posts next week will make JJG look bleak.

Take Yo’ Praise

Morningzzz

[ChartBuddy]

Explanation

[JayJuanGee]

I’m going to be extra nice this week.
Now don’t take advantage of that, else my posts next week will make JJG look bleak.

A "nice" Cryptotourist?  wouldn't that be an oxymoron (pun intended)?

Secondly:  Hypothetically going into JJG comparison mode, would call for long?  deep?  mean? or some other approach?  

Maybe I should not be asking the above questions, right?  You know there's an expression about not feeding "them," right?  My own moments of weakness might be identifiable within this post?

[ChartBuddy]

Explanation

[Gachapin]

Until we go under the 34.5k-35k area within the next month, I won't think about a bear market in this cycle.

..but I don't even know, if there still are 4 year cycles

[ChartBuddy]

Explanation

[cygan]

happy easter BTCitcoin plebs

[ImThour]

Until we go under the 34.5k-35k area within the next month, I won't think about a bear market in this cycle.

My man waiting for price to go 50% down before considering it a bear market.
So, a 50% correction is just a pullback huh?

[Gachapin]

Until we go under the 34.5k-35k area within the next month, I won't think about a bear market in this cycle.

My man waiting for price to go 50% down before considering it a bear market.
So, a 50% correction is just a pullback huh?

We had more than a 50% pullback in 2021 and made another ATH after that, my man. Seems you don't even read the charts Mr TA.
And frankly, how long have you been in this market to be so self confident, huh?

That being said I don't know shit where we're going. But I sure have seen many people like you come and go over the years.

[ChartBuddy]

Explanation

[ImThour]

We had more than a 50% pullback in 2021 and made another ATH after that, my man. Seems you don't even read the charts Mr TA.
And frankly, how long have you been in this market to be so self confident, huh?

That being said I don't know shit where we're going. But I sure have seen many people like you come and go over the years.

Seems like I am going to have a discussion with Mr Satoshi himself who knows after every pullback, there is a new ATH.
And sure, you are the millionaire who asks people to buy BTC because you yourself failed to buy one over the years.

Keep dreaming for a new ATH.