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

[savetherainforest]

German Producer Price Index Hits Record High Inflation of 30.9%
https://bitcoinnews.com/record-high-inflation/

Won't be long until the first Euro Trillionares

Rookie mistake that they removed the 500 Euro bill.  

[1714208870]

1714208870

[ChartBuddy]

Explanation

[HI-TEC99]

Guys, if you want to hang around women's bathrooms all day you can simply enrol at the University of Plymouth.
You cannot be stopped apparently.

Are you allowed to bring a sheep?

Are you asking for a friend?

[HI-TEC99]

... one other little tip.  I like to buy a little extra on those "blood running in the streets" days.  It has been clearly a winning strategy for me.  Maybe I have just been lucky.  Bitcoin (and poker) has cultivated a fairly high pain tolerance... so "blood in the streets" for me is usually a BAD day, and either close to a bottom, or at least near the base of a good dip, even when more are to come.

How do you know it's a "blood running in the streets" day?

Is that when there's a candle with an inverted zippidity doo with a kangaroo leg?

I don't know much about zippitydoos or roo legs.  Do they look like this?  If so, yes.

No that's a zappity dee with a rabbit's tail. It's bullish.

It's explained on this technical analyst's website.

https://www.reddit.com/r/Superstonk/comments/nuqd86/apes_doing_ta_before_gme/

don't conflate the zippity doo with a kangaroo leg with the less common zappity dee with a rabbit's tail; that one's bullish

[Torque]

[ChartBuddy]

Explanation

[Paashaas]

He has cancer ore Parkinson?



https://twitter.com/b_nishanov/status/1517246149173862402

[becoin]

The russian offensive is not making any advances worth mentioning.

The reason is very simple. They have to build additional facilities for detaining POWs. They can't cope with the large number of surrendering soldiers of the Kiev regime.

[suchmoon]

He has cancer ore Parkinson?

Could be just constipated.

The reason is very simple. They have to build additional facilities for detaining POWs. They can't cope with the large number of surrendering soldiers of the Kiev regime.

I thought they were stumbling on the huge piles of flowers thrown at them by the ecstatic locals.

[Cosmic Beyonders]

Source : Cointlegraph

[Arriemoller]

German Producer Price Index Hits Record High Inflation of 30.9%
https://bitcoinnews.com/record-high-inflation/

Won't be long until the first Euro Trillionares

The ideologs don't care. All they care about at the moment is "Shulzie-boy, why aren't you building more tanks and sending them straight to Ukraine??"

Yes, why isn't he doing that? Germany seems to always end up on the wrong side of history.

[ChartBuddy]

Explanation

[shahzadafzal]

Rate this graffiti.


https://twitter.com/bitcoinmagazine/status/1517281356849500160?s=21

[JayJuanGee]

The year is 2040……

I am sure I will have more than that in 2040. He's cute though, no homo.

Not to be stalking you too much ImThour, but your more than 2 years in bitcoin already (even if you might have fucked up in the beginning in terms of not getting started with aggressive DCA'ing right away and even if you continue to have some levels of fuck ups in terms of thinking that you can beat DCA'ing strategies), you should be somewhere close to at least exceeding our current days newbie entry-level target of 0.21BTC... and maybe you are onto some other goal or perhaps double that, or 0.5BTC or even have 1 or more BTC within targets...,.

For sure the cartoon is correct regarding likely repetition of BTC price history in that the BTC accumulation entry-level target for normies is going to continue to get smaller and smaller and smaller.

I continue to be glad that I have learned along the way and that in recent times (the last year or so) I have not fucked up my supra 0.63 BTC accumulation levels and I have figured out systems that I believe that I am able to keep certain foundational levels of BTC, even if the BTC prices go up and that I am feeling that I am not selling very much, but still getting rewarded for my past BTC accumulations - even though mistakes have been made along the way.

Another thing is that the word is really getting out there.  I had heard some relatively newbie to bitcoin talking about how he planned to be rich as fuck in 10 years or longer when bitcoin reaches supra $1million levels and so he was stacking around $450 per month (or was it $400?) but anyhow, the ongoing stacking does add up to about $100 per week.. and for sure, I consider those to be good levels for any newbie who can manage that level of cashflow dedicated to bitcoin without unreasonably depriving himself/herself of currently covering living expenses and maintaining a liquid emergency fund too (that is not bitcoin).

[Torque]

Funny how whenever the stonk market takes a major puke, it is always, always on a Friday?

All by design. Gives them (the Fed) the whole weekend to plan their response.

Money or Tuesday, watch as magic Fed money comes in to magically levitate the stonk market, along with a softer Fed tone.  

Btw, the Fed is so full of shit. If they really cared about inflation and the economy, they can raise interest rates at any time. They could have done it right now, today. Or a month ago, or at any time really. They don't have to wait until May, or for a quarterly meeting to do it.

[ChartBuddy]

Explanation

[JayJuanGee]

As the trend continues to be down since the ATH, you have to wonder if we will see the return to $10K that was the accumulation period before the last big jump.

Every once in a while you post a decently lucid and on point post, but holy fucking shit.... you are coming off as quite looney to be talking about $10k as if it were a realistic number merely because something like that was our September 2020 bouncing off point... that ship has sailed.. Haven't you (and your team) gotten the memo?

Billionaires are buying in and fighting the cyclical trend, but they appear to be losing. With the purchases between Do Kwon and Michael Saylor, I thought we’d be over $50K by now.

The mere fact that we are not over $50k causes you to conclude that billionnaires are losing in the "attempts to prop up BTC prices?"

 

You surely come off as someone who is NOT sufficiently or adequately prepared for UP.

If those two weren’t buying, we may already be at $10K.

oh gawd. 

I’d be hesitant to make any moves trading one way or the other here, but I think it would be unwise to assume we can’t see a prolonged price decrease for potentially the next year or two that takes us to test the last held support levels.

Hopefully, for your own good, you are not holding onto too much dry powder waiting for $10k that will not happen.  You will be lucky to get BTC for less than $30k.. and yeah, many of us recognize the 200-week moving average as a bottom during bear markets, and that is currently at nearly $21,500, so if you assume a bear market it is possible that the 200-week moving average will be met at some point, and it is moving up around $30 per day currently...

I personally would not bet on the 200-week moving average being met any time soon, but surely I would not rule it out, either.  Your odds to reach the 100-week moving average are a bit better than waiting to reach either the 200-week moving average or your lame detached theory of revisiting previous levels of support at $10k - which seem to be pure fantasylandia, and anyhow, the 100-week moving average is approaching $34.5k currently.

[savetherainforest]

Explanation

Look !! We Time Traveled. And the price in 4 months is just 4K difference or 10%.   

[Farmer Bill]

Guys, if you want to hang around women's bathrooms all day you can simply enrol at the University of Plymouth.
You cannot be stopped apparently.

Something we in US have exported to UK. In UK bathrooms are called toilets.

See twitter for the response

Check  it out on nitter.net if you don't have twitter account

https://nitter.net/search?f=tweets&q=PlymUniEquality&since=&until=&near=

[ChartBuddy]

Explanation