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

[MERlT]

It feels a bit like things are too stable right now. With all the chaos going on in the global economy, politics, wars, bank frauds, etc., it’s amazing that Bitcoin is suddenly feeling more stable than it’s ever been (after the last year’s massive drop). This screams capitulation to me and that there are some big players acting like backstops and scooping up all of this cheap BTC. I can’t help but think those accumulating now will be the big winners of 2024.

[ChartBuddy]

Explanation

[eXPHorizon]

Notice how western media are now quite happy to report on Chinese anti Covid protests whilst it completely ignored those in our own countries and colluded with the governments to make people afraid of a flu virus that almost everyone who got it survived.

And now YOU have to be poor to pay for the measures taken during the Covid hysteria whilst the elite got even richer in the process with billions laundered.

The issue is West thinks that there problems are worlds problem and not other way around. Anything bad in China, North Korea is highlighted but not much importance is given to mass shooting that take place in usa every month or so. Dual standards

If you want i will educate you about the Situation in USA . IF you want which you doubtfully will... since marinading in Propaganda ...


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

[Rehan Zakir]

Bitcoin ‘millionaire’ wallets drop 80% in year of BTC price bear market



In yet another indication of how far the crypto market has fallen since Bitcoin’s last all-time highs, Bitcoin millionaires have been seriously feeling the pinch.

Glassnode, which tracks multiple cohorts of BTC wallets, confirms that as of Nov. 25, there were 23,245 with a balance worth over $1 million.

Contrast that with the scene from Nov. 8, 2021, when the tally hit its peak as BTC/USD approached its latest $69,000 all-time high — then, there were 112,898 “millionaire” wallets.



Information source: https://cointelegraph.com/news/bitcoin-millionaire-wallets-drop-80-in-year-of-btc-price-bear-market

[Popkon6]

No, doubt, in this decade, the best investment is to invest in bitcoin. Because this will gives you massive profit in a very short period of time. As we all know that the ATH of bitcoin is 67000$. It means now, its available at 4 times less times from its ATH (all time high) price.
Image Source

Bitcoin Maximalist CEOs, such as Bitcoin make money from exchanging fiat to BTC, the organization does not run a casino, they never try to keep your coins.  Definitely a good company.

[Inwestour]

The point is CZ is a snake and he is trying to show how all funds are safu with sleight of hand akin to craig wrong signature scam.

CZ is the one who started all this your funds are not backed that started the dominos and as I pointed out a few days earlier he had this all ready to go while he tried to goad armstrong into calling him out.

But Jesse Powell (Kraken CEO) is not a fool and a true cypherpunk Idealist who has had his books open and audited for years is calling him out on his little maneuvers.

I do agree it is cool to see some info being provided but now is the time to pressure that snake into FULL Disclosure.

Especially since he is the one who started it and apparently thinks he has all his dominos lined up.

https://www.youtube.com/watch?v=DelF6zEHXpE

It is obvious that he prepared well for this since he started it all himself, but his problem is that CZ considers himself too smart and therefore started a game in which he may not be able to survive. I see in him only cunning and greed, and these are not the best character traits. He wants to show a beautiful picture in which everyone would believe, but there are many people who are smarter than him and see and understand everything. Yes, he is cunning and perhaps he will cause a lot of trouble to everyone who trusts to his exchange, but he is definitely not smarter and hi will need to answer for every act.

Notice how western media are now quite happy to report on Chinese anti Covid protests whilst it completely ignored those in our own countries and colluded with the governments to make people afraid of a flu virus that almost everyone who got it survived.

And now YOU have to be poor to pay for the measures taken during the Covid hysteria whilst the elite got even richer in the process with billions laundered.

Yesterday I watched a video of quadcopters flying in China and disinfecting the streets, it looked like an excerpt from some science fiction movie. This spectacle has already begun to get boring and this is becoming more and more obvious when the whole world begins to forget about it, and in China it reaches unprecedented proportions.

Someone made billions on this and I am sure that this is not the end, what happened once can happen again.

[savetherainforest]

It feels a bit like things are too stable right now. With all the chaos going on in the global economy, politics, wars, bank frauds, etc., it’s amazing that Bitcoin is suddenly feeling more stable than it’s ever been (after the last year’s massive drop). This screams capitulation to me and that there are some big players acting like backstops and scooping up all of this cheap BTC. I can’t help but think those accumulating now will be the big winners of 2024.

When 'Tether' collapse? (aka. USDT)       

Manipulation must fall.

[ChartBuddy]

Explanation

[suchmoon]

Glassnode, which tracks multiple cohorts of BTC wallets, confirms that as of Nov. 25, there were 23,245 with a balance worth over $1 million.

Contrast that with the scene from Nov. 8, 2021, when the tally hit its peak as BTC/USD approached its latest $69,000 all-time high — then, there were 112,898 “millionaire” wallets.

I love random useless stats. So if I have 5 wallets then only one of them has a million fiats in it now? That's rough.

Silver lining though: perhaps after this bear season more people will finally realize that 1 BTC = 1 BTC and all this hype about "best performing asset" and "everyone will be rich beyond belief if they just buy corn" and shit like that means nothing. Saylors and Elons will fade away but Bitcoin will still be there.

[bct_ail]

Antoher one bites the dust.
https://blockfi.com/November28-ClientUpdate

[shahzadafzal]

Antoher one bites the dust.
https://blockfi.com/November28-ClientUpdate

It was expected, thanks to FTX which started digging graves for many.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[WatChe]

Antoher one bites the dust.
https://blockfi.com/November28-ClientUpdate

Only bitcoin and that too in your own wallet.
Not your keys, not your coins.

[eXPHorizon]

FUUUCKIN MOSQITOES MAN

https://www.youtube.com/watch?v=0CA5CPHRXDc

[Toxic2040]

the noon wall report at 11:36am


ahead one third...take those combers on the bow lads
see what other flotsam washes ashore this week
likely to see increasing volatility imho

dyor

D



W

stronghands

[El duderino_]

https://twitter.com/1markmoss/status/1597245271301394432?s=46&t=QiE5okWXvuDtc2DwwzDeLw

A good read

[Torque]

https://twitter.com/1markmoss/status/1597245271301394432?s=46&t=QiE5okWXvuDtc2DwwzDeLw

A good read

The "crypto" market's memory is exceedingly short.

His points #3 and #4 are precisely why the "crypto" market will have another bull run. Because VC greed never dies.

It'll be brand new companies just like FTX and BlockFi but with new names; wolves in sheep's clothing.

They will find loop holes around the "securities" issue.

Because scammers gonna scam, and n00bs are completely oblivious to crypto history.  

We are 13 years into Bitcoin's birth, and the ONLY regulations inacted have been on poor Average Joe (i.e., KYC/AML, id and bank account required, taxes on buy, sell, and profit, etc.), NOT on the scammer exchanges and VCs.

[ChartBuddy]

Explanation

[eXPHorizon]

When you wanna get off the Ground but Gravity pulls you down. Bitcoin is no exception to the rules of Nature  




Did you know that on Mars there is a Mountain called : Mt. Olympus ? And it is the Highest mountain on Mars