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

[cAPSLOCK]

Did you mean PlanB by Any Chance?

nah, search for "bitboy crypto" on youtube, but better not search as he is full of gas.

Something is really off about this dude.  And it's not that he is just 110% full of shit.  Something is off.

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[1714196771]

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[1714196771]

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[somac.]

Accumulation is where we are at until the Fed is finished playing bad cop. It's that simple. Any ATHs or lengthy bullish moves can be forgotten about until that time comes.

Oh gawd!!!!!   

You really believe that the Fed is calling the shots in regards to what bitcoin (king daddy) is doing?

You know I didn’t say that. Or, are you saying you don’t know what the Fed controls with all its various tools? You’re daft so I’ll just tell you, US dollars.

And guess what, USD is one half of the USD/BTC pair, wow!! Does that mean that if the Fed manipulates the USD it actually has an effect on the price of BTC (or more appropriately any asset measured in it USD)? Actually don’t answer that you can’t.

What he said. (referring to Biodom)

I’m not sure what you’re implying here and I guess neither are you. But for my most of history gold was a currency. I guess it’s possible for something to be both “shock!!” gold and a currency.

Snap out of it somac!!!!!!!

What? snap out of the reality of the Feds temporary manipulations of the global reserve currency. Seems like a real winner idea right there.



This will be my only reply to your stupidity.

[JayJuanGee]

[edited out]

This will be my only reply to your stupidity.

Each of us said our parts, so I rest my case (for now).






until you say something that happens to be not so smart, again.






hahahahaha  and.... upon reflection.. I probably won't be waiting very long.....

 

[ChartBuddy]

Explanation

[Cosmic Beyonders]

Well If trends Breaks then
🥂 cheers for the Long term Down move.
Well Its BTC it can be anything so hold your belts Its looking like a Rollercoaster Ride in which the Eyes are Close so we don't know what up next Upside move or downside.

[mikeywith]

Well If trends Breaks then
🥂 cheers for the Long term Down move.

Or, one last bear trap before heading back to at least the ATH



The way I see it is that fear is high, many people are waiting for a crash, longs are not increasing by much, more shorts coming in trying to make a killing over the coming trend crash, to me this is a perfect setup for a new rally to the upside, even if this trend line gets taken, it's more likely to be a bear trap and the last shakeout before heading back to 60k at least, this whole thing feels like Q1 2019.

[shahzadafzal]

OT:
Macron defeats Le Pen and vows to unite divided France
"He Did It Joe"

[ChartBuddy]

Explanation

[Blue King]

Today Bitcoin price 38.9k USD. and Bitcoin strong support 38k USD..

[JayJuanGee]

Today Bitcoin price 38.9k USD. and Bitcoin strong support 38k USD..

How do you know?

about "support" at $38k?

[ChartBuddy]

Explanation

[naim027]

Today Bitcoin price 38.9k USD. and Bitcoin strong support 38k USD..

How do you know?

about "support" at $38k?

Maybe he is "PlanC" 

[JayJuanGee]

Today Bitcoin price 38.9k USD. and Bitcoin strong support 38k USD..

How do you know?

about "support" at $38k?

Maybe he is "PlanC"  

PlanB's Stock to flow is not dead yet.. especially it should not be used to try to figure out short-term BTC price moves - but it likely suggests that the BTC price is in a kind of underperforming range - currently as I type this post - in terms of the $100k price that it portends to have an average weighted price for the whole of this halvening period, and we are about half way through this halvening period and our average BTC price (accounting for volume too) for the period (the two years so far) is about $34,500....


Anyhow, so far in the short term, $38k is still holding up as I type this post.. but just barely with a spike down to $38,218 within the past 20 minutes.

 

[naim027]

Today Bitcoin price 38.9k USD. and Bitcoin strong support 38k USD..

How do you know?

about "support" at $38k?

Maybe he is "PlanC"  

PlanB's Stock to flow is not dead yet.. especially it should not be used to try to figure out short-term price moves - but it likely suggests that the BTC price is in a kind of underperforming range - currently as I type this post - in terms of the $100k price that it portends for the whole of this halvening period, and we are about half way through this halvening period and our average BTC price (accounting for volume too) for the period (the two years so far) is about $34,500....


Anyhow, so far $38k is holding up.. but just barely with a spike down to $38,218 within the past 20 minutes.

 

I am not an expert in speculations. But, According to PlanB, We should hit $100K this year. Not only PlanB But most of our predictions failed in the past. Even most of us (34% out of 110 People) thought we break out of this boring trading range this month. I Voted for June 2022. Let's see what happens. I don't rely on Analysts' tweets and their predictions anymore.

[ChartBuddy]

Explanation

[AlcoHoDL]

[...]

I don't rely on Analysts' tweets and their predictions anymore.

Wise choice.

[Blue King]

 Update news:
 Russia failing in war aims and Ukraine succeeding, says US Secretary of State Antony Blinken)

I couldn't believe it after hearing this news. Because Russia is a much stronger country than Ukraine.

[Sayeds56]

Today Bitcoin price 38.9k USD. and Bitcoin strong support 38k USD..

How do you know?

about "support" at $38k?

Maybe he is "PlanC"  

PlanB's Stock to flow is not dead yet.. especially it should not be used to try to figure out short-term price moves - but it likely suggests that the BTC price is in a kind of underperforming range - currently as I type this post - in terms of the $100k price that it portends for the whole of this halvening period, and we are about half way through this halvening period and our average BTC price (accounting for volume too) for the period (the two years so far) is about $34,500....


Anyhow, so far $38k is holding up.. but just barely with a spike down to $38,218 within the past 20 minutes.

 

I am not an expert in speculations. But, According to PlanB, We should hit $100K this year. Not only PlanB But most of our predictions failed in the past. Even most of us (34% out of 110 People) thought we break out of this boring trading range this month. I Voted for June 2022. Let's see what happens. I don't rely on Analysts' tweets and their predictions anymore.

As we know very well that Technical analysis is science of probability but not certainty and there is no technical indicator which can predict the price with 100% accuracy all the times but PlanB stock to flow model worked quite well and it failed only few times. Kevin Severson who is also well reputed Technical analyst has predicted in recent video that Bitcoin has almost bottomed out now and breakout is likely to happen soon by using 600DMA Indicator and proved his point with track record of Bitcoin price. The video is very interesting. Please watch it, link is given below:

https://www.youtube.com/watch?v=CtzIgEJX1gg

[ChartBuddy]

Explanation

[BitcoinBunny]

Update news:
 Russia failing in war aims and Ukraine succeeding, says US Secretary of State Antony Blinken)

I couldn't believe it after hearing this news. Because Russia is a much stronger country than Ukraine.

How is Ukraine succeeding? Country getting destroyed day by day. 10 million people have fled.

Blinken is a fucking propaganda imbecile.

Kremlin could deploy a Tsar Bomba on Ukraine and I bet the western politicians and media will still give Ukraine the edge. "There is a still a chance, Russia hasn't achieved a thing yet. Blah Blah. Hunter Biden is awesome. Boris Johson is a great buddy. Macron is superb. Inflation is only 20% this year, can you believe it?"
Un fucking believable.