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

[mRTHroo]

Bitcoin - How to trade BOLLINGER BANDS.

Volatility and volume will increase in direct proportion to how high the price action trades at the top/upper half of the BBands. The contrary is also true; you may anticipate greater volatility and volume the lower the price trades on the bottom of the bands. It is also true that the market may be regarded as overbought when the price trades at the top for an extended period of time; at such a time, selling may be a sensible option. The opposite is also accurate. The market is said to be oversold and a good opportunity to think about initiating a position or purchasing is when the price continuously trades below the Bollinger Bands.







Source

[1714295825]

1714295825

[1714295825]

1714295825

[ChartBuddy]

Explanation

[Ami0]

This week the benchmark interest rate reached 69.5% in Argentina. It has increased 1750bp in two weeks. The official inflation rate has surged to 71%. It is expected to exceed 90% by year-end.

Bitcoin is more than an investment. Bitcoin is hope.

Saylor

[ChartBuddy]

Explanation

[ImThour]

Explanation

I like chartbuddy without decimals.

[Franctoshi]

Blockchain Industry Workforce Grows 80% This Year, Study Shows

Blockchain technology is one of the trendiest developments in business, finance, and numerous other industries.
Following the surge in popularity of cryptocurrencies, their entry to the public has produced new investment strategies and opportunities.
There has been a surge in the number of people who have found employment in this burgeoning technological sector as a result of the increasing popularity of blockchain and cryptocurrencies.

According to the conclusions of a survey conducted by the professional networking site Linkedin and the cryptocurrency trading app OKX, the number of individuals working in the blockchain sector “increased by 76% annually as of June 2022.”
Blockchain Space Expanding At Faster Rate
Since its beginning a little more than a decade ago, the blockchain sector has experienced tremendous expansion,
 but the rate of development has accelerated significantly in recent years.

While the industry and its growth are frequently evaluated based on market capitalization, trading volume,
and other financial criteria,
the firms comprising this sector are led and managed by people with a wide range of skills.

•United States,
•India, and
•China are the top three nations in terms of talent availability in the blockchain business, according to the research.
•India ranks second in terms of the number of competent professionals in various types of such applications, including cryptography and financial applications.

In terms of blockchain talent, India trailed the United States, while China ranked third overall.
India, on the other hand, was identified as the fastest growing nation in terms of the availability and growth of competent specialists, with a 122% annual growth rate of its talent pool.

•Canada follows with a growth rate of 106%, followed by Singapore with a growth rate of 92%.

•Nigeria has the fourth-highest worldwide and African rate of talent development, at 81%.

•China has the lowest growth rate among the top 10 nations in the world for blockchain talent, at 12%.




Global Blockchain Market To Gain $20 Billion Revenue.
The global expenditure on blockchain solutions is anticipated to reach $11.7 billion this year.
By 2024, it is anticipated that the worldwide blockchain technology market would generate $20 billion in revenue.
The number of registered wallets exceeded 70 million in the second quarter of 2021.


Source
https://bitcoinist.com/blockchain-industry-workforce-grows-80/

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[348Judah]

here's how Greg Foss make his own explanation mathematically about bitcoin used as global asset and his concluding approach towards the increase in bitcoin and its adoption as it increases in value from the global asset gradually against all other forms of assets



https://twitter.com/mcshane_writes/status/1558946443506982914?t=S1yimfZIsRZnUCbXcFxnnA&s=19

less of the talks, the conclusion is just make sure you buy bitcoin.

[ChartBuddy]

Explanation

[LFC_Bitcoin]

The current failure to capture & subsequently hodl $25,000 doesn’t fill me with confidence that the bottom is in. I would advise you all to have dry powder loaded on exchanges for potential lower lows. I’ve seen this movie too many times before.

Honeybadger will wake up & start going on a tear but maybe not for a year or more.

[ChartBuddy]

Explanation

[cygan]

[ChartBuddy]

Explanation

[Gachapin]

The current failure to capture & subsequently hodl $25,000 doesn’t fill me with confidence that the bottom is in. I would advise you all to have dry powder loaded on exchanges for potential lower lows. I’ve seen this movie too many times before.

Honeybadger will wake up & start going on a tear but maybe not for a year or more.

It seems the majority thinks the worst is yet to come...
(I hope they are wrong as usual..)

[Ami0]

$33 billion digital bank Revolut wins approval to offer #Bitcoin and crypto to its 17 MILLION clients in the European Economic Area 🙌

Bitcoin Magazine

[Little Mouse]

The current failure to capture & subsequently hodl $25,000 doesn’t fill me with confidence that the bottom is in. I would advise you all to have dry powder loaded on exchanges for potential lower lows. I’ve seen this movie too many times before.

Honeybadger will wake up & start going on a tear but maybe not for a year or more.

Would love to see around $12k-$13k though I have started buying ever since it got down to $17k.

[ChartBuddy]

Explanation

[BitcoinBunny]

Gas price on the Dutch stock exchange in euro for 1 Mega Watt / hr.

Now it's the drought that is causing the price to continue to rocket after boogieman Adolf Putin no longer provides enough reason.



The reaction from European governments?
"Sorry folks! We're closed for 8 weeks to have holiday and make as much money as we can from our favourite little European tax payers, sorry, uh uh uh huh."

[LFC_Bitcoin]

The current failure to capture & subsequently hodl $25,000 doesn’t fill me with confidence that the bottom is in. I would advise you all to have dry powder loaded on exchanges for potential lower lows. I’ve seen this movie too many times before.

Honeybadger will wake up & start going on a tear but maybe not for a year or more.

It seems the majority thinks the worst is yet to come...
(I hope they are wrong as usual..)

Me too, I mean if as expected there is a global recession or even great depression confirmed, we can hope bitcoin acts as a life raft for people & a safe haven. Thing is when bad shit goes down, like when COVID was first confirmed as a global pandemic the arse fell out of bitcoin (not complaining, I bought a decent amount there, profiting on peoples misery). Im 50% convinced the bottom is in, in other words I have no clue.

We are going to $150,000+ in the next bull cycle (after the halving). I’m just not convinced another black swan won’t send us tumbling to new lows before that.