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

[death_wish]

Times like these I just don't look at the monetary value of my various wallets. I avoid looking. 

Ha. I've been updating mine with each drop. Makes the bounce look better that way.

When the damn bounce actually happens that is.

Looks bouncing to me now.  Maybe you cheered Bitcoin up.  (I hope I didn’t make it sad.)

[1714255000]

1714255000

[1714255000]

1714255000

[1714255000]

1714255000

[tadamichi]

I prefer the power of positive thinking:  Please feel free to feel smug that your bitcoins are IN YOUR WALLET WHERE THEY BELONG.  Just like I was smug and self-satisfied during past major crashes:  Hahah, the market can’t touch my bitcoins!  WHY THE BLOODY HELL DID I DO THIS, I DO NOT KNOW.

This can be the best teacher and make you more successful in the future. I hope we can hold 23,200, there’s more longs coming in now, could also be a bull trap tho.

[somac.]

Times like these I just don't look at the monetary value of my various wallets. I avoid looking. 

Ha. I've been updating mine with each drop. Makes the bounce look better that way.

When the damn bounce actually happens that is.

Looks bouncing to me now.  Maybe you cheered Bitcoin up.  (I hope I didn’t make it sad.)

its a bounce when it gets to 27k.

[empowering]

Morning gents

Now this is more like it......


.......once the band aid gets ripped off a proper, we can get back to sideways and up.



Keep an eye on that accumulation distribution on the monthly , I mean, you only have to check it once a month.... should be a safe guide to when we are really bottomed, you might miss a bit of the move but hey.

[death_wish]

I prefer the power of positive thinking:  Please feel free to feel smug that your bitcoins are IN YOUR WALLET WHERE THEY BELONG.  Just like I was smug and self-satisfied during past major crashes:  Hahah, the market can’t touch my bitcoins!  WHY THE BLOODY HELL DID I DO THIS, I DO NOT KNOW.

This can be the best teacher and make you more successful in the future. I hope we can hold 23,200, there’s more longs coming in now, could also be a bull trap tho.

Thanks.  (Though what I really need is for it to stay over about $23,202.  One of the delightful features of margin accounts is the razor-sharp line between “rekt!” and “a miss is as good as a mile”.)

(Please see brief reply to you appended to that post, if you missed it... edited in after.)

its a bounce when it gets to 27k.

Sorry, I am admittedly not in the best state of mind at this particular moment.  Overestimating any little upwards jiggle on the basis of Hopium.  Of course, you are right...

Anyway, I do hope that you cheered Bitcoin up.  It looks so sad, so forlorn.  It needs a little smile.

[El duderino_]

But? When supply shock? 

[Khanvila78]

https://twitter.com/BitcoinMagazine/status/1536160649860071425

[cygan]

[El duderino_]

https://twitter.com/BitcoinMagazine/status/1536160649860071425

Haha this is a good one….. I think first time I see such a drawing….

[ChartBuddy]

Explanation

[ImThour]

https://twitter.com/BitcoinMagazine/status/1536160649860071425

Thanks, saving this. Will help in my HODL journey.

[Hamza2424]

https://twitter.com/BitcoinMagazine/status/1536160649860071425

Haha this is a good one….. I think first time I see such a drawing….

Not really sir Many People posted such Posts i mean exactly same posts in Wo community back some time

Hold is Gold
Hold is Hold looks boring to me now



One one end you know if BTC rise it will never ever see its bottom as

First ATH 17000$ and bottom 4800$ this cycle ATH 69k and bottom may be arround 20k ( Estimated )
So what it mean hold Just Dont sell whatever price if you are Claiming Hold them you are jsut wasting time as You will sell at good profit it is the reserve not a way to make money.


So if you just Understand BTC potential why you are Connected with market let the market goes down just believe on the potential and let BTC complete its beautiful Journey.


Destination will be Beautiful i know (edited)

[somac.]

Looking around twitter it seems there is the possibility for a lot of BTC, that is being used for collateral, to be sold due the current shitcoin leveraged chaos that is going on. All those defi yield promises falling apart it seems.

We aren’t getting a bounce for a little while yet.

[sirazimuth]

https://youtu.be/1lWJXDG2i0A

[BitcoinBunny]

https://youtu.be/1lWJXDG2i0A

Love his music.

Into the great wide open is up there also amongst my favourites.

[death_wish]

Just sold 0.05 BTC.  Pushed liquidation price down to about $22,080.  No choice with margin account health around 1.5%; last time I cut it this close (and I was at the computer fully functional), it was the first liquidation.  Another liquidation would dump more, with penalty.  (Not much more to dump, at this point.)

I chose the name for this forum account very well.

Congratulations to everyone who is buying BTC at these prices.

[ImThour]

BTW My 900th post. 

Bottom is almost in

This is a comparison of 2018 correction and 2022 price action.

[somac.]

BTW My 900th post. 

Bottom is almost in

This is a comparison of 2018 correction and 2022 price action.

I very much hope you are right. Because this is just getting a bit stupid.

[ImThour]

I very much hope you are right. Because this is just getting a bit stupid.

Nothing stupid as of now, if the next weekly closes below 200 WMA, then you should consider it stupid.

[death_wish]

BTW My 900th post. 

Bottom is almost in

This is a comparison of 2018 correction and 2022 price action.

LOL, are you telling me that the bottom is above $23,202?  Why didn’t you say so ten minutes ago?  Hahahah.

(Srry if I misread the chart.  Barely seeing straight now.)