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

[ChartBuddy]

Explanation

[AlcoHoDL]

I'll have to look into getting one of these when I need a new on as it took me forever to de-google my last one.

Just to clarify, the Huawei P30 Pro includes Google Services, so you don't want that. You'll need to get any model after the P30 Pro (check to make sure). They are de-Googled by design, and you get the benefit of having a newer, better phone too. They do have Chinese versions of the equivalent services though (Petal Maps, Huawei AppGallery, etc.), so there's that. Not even sure if one can really avoid the Big Brother these days... 1984!

[Biodom]

Both bitcoin and small stocks are way up.
Either there will be good CPI numbers on the 12th OR they are pumping before dumping on us.
I have seen shorties performed "tricks' like this before.
Hence, I am not buying into a surge, but rather selling small amounts of stonks, not touching btc.
I don't think that we are done for the stonks downside yet (could be going up a bit first, though).

[OgNasty]

Both bitcoin and small stocks are way up.
Either there will be good CPI numbers on the 12th OR they are pumping before dumping on us.
I have seen shorties performed "tricks' like this before.
Hence, I am not buying into a surge, but rather selling small amounts of stonks, not touching btc.
I don't think that we are done for the stonks downside yet (could be going up a bit first, though).

It seems like the bond market has signaled that the Fed isn't going to be raising as much as they think, and markets are celebrating that.  Specifically with Bitcoin, it seems that the worst of the storm is behind us and the melting up has begun.  I expect this to last for quite some time, at least until profit taking for the halving takes place.  It's starting to look like this year is going to be smooth sailing though, at least until the mtgox distribution near the end of the year, but I suspect by then the market will be jumping into Bitcoin before the next bubble happens.  Hopefully that minimized the mtgox downside a bit.

[TrustedBitcoiner]

you guys just jelly that i am taking advantage of this range day trading scooping up more btc with each wave.  

Are you serious? Day-trading is just gambling. Buying an asset you see long-term value in and holding it long-term is investing.

The Bitcoin multi-millionaires here in WO didn't get rich by day-tarding. They did it by hodling through thick and thin regardless of the price.

Nobody here is jealous of the likes of you.

could have been richer had you sold the rips and bought the dips!  

you guys just jelly that i am taking advantage of this range day trading scooping up more btc with each wave.  

Yes you are picking up pennies in front of a steam-roller while many of us had picked up tens or even hundreds or perhaps even thousands of times more value back in early 2017 or even earlier than that.  Hard to be jealous when we see the potential or maybe better yet likely pain of you trying to risk ur lil selfie getting squished like a little bug for very small amounts of value, if you were even able to accomplish what you proclaim to be attempting.

I am the steam roller! Muahahahaha

maybe next season you can join me  I'm just having fun, let me pretend i can get rich af trying to setup and execute good trades.

Nobody is going to let you pretend, you lil diptwat.. except maybe your grandma.

We have seen all kinds of guys like you who like to project that they are ballers or whatever, and then they disappear when the BTC price goes up more than a few percentage points and recks the fuck out of their having had sold too much too soon because they believe that they are so smart and going to pick up more BTC at lower prices.

I believe that I am correct in the overall suggestion that I have been making in the past several years..  Maybe I have been making it since I started in bitcoin, but I found new ways of saying it?  But anyhow the overall suggestion is that you should not be trying to accumulate more BTC by selling it.  The better strategy is to accumulate more BTC by employing various ways to buy more of it and if you run out of money, you just HODL until you have more money coming in so that you are able to buy more.  

Of course once you get to to a sufficiently large stash that is sufficiently in profits, then you have way more options... Of course, what is a "sufficiently large stash" and what is "sufficiently in profits" is going to have various ways to frame such matters in terms of individual circumstances, yet for me neither of those ways of framing the ability to have more options means that having more options should cause anyone to be going balls to the walls and start to fuck around with trading or any of that bullshit, but there are likely ways that anyone might be able to rationalize aspects of his/her profits in such a way that they can use those profits for the playing of those kinds of trading practices which also can end up being set up as decently good ways to manage a portfolio and to possibly take advantage of ongoing and close to inevitable volatility in something like bitcoin without devolving into presenting themselves as some kind of big baller who has difficulties controlling/managing his/her ego.. which seems to be part of your issue, TrustedBitcoiner.

why dont you start the wall of text observer thread

[Biodom]

Both bitcoin and small stocks are way up.
Either there will be good CPI numbers on the 12th OR they are pumping before dumping on us.
I have seen shorties performed "tricks' like this before.
Hence, I am not buying into a surge, but rather selling small amounts of stonks, not touching btc.
I don't think that we are done for the stonks downside yet (could be going up a bit first, though).

It seems like the bond market has signaled that the Fed isn't going to be raising as much as they think, and markets are celebrating that.  Specifically with Bitcoin, it seems that the worst of the storm is behind us and the melting up has begun.  I expect this to last for quite some time, at least until profit taking for the halving takes place.  It's starting to look like this year is going to be smooth sailing though, at least until the mtgox distribution near the end of the year, but I suspect by then the market will be jumping into Bitcoin before the next bubble happens.  Hopefully that minimized the mtgox downside a bit.

hmm...maybe a 2019-like with acceleration into the end of Q1 instead of mid Q2, then a "flag" related to MtGox, finishing at 60-70% higher by the EOY.

[TrustedBitcoiner]

Both bitcoin and small stocks are way up.
Either there will be good CPI numbers on the 12th OR they are pumping before dumping on us.
I have seen shorties performed "tricks' like this before.
Hence, I am not buying into a surge, but rather selling small amounts of stonks, not touching btc.
I don't think that we are done for the stonks downside yet (could be going up a bit first, though).

It seems like the bond market has signaled that the Fed isn't going to be raising as much as they think, and markets are celebrating that.  Specifically with Bitcoin, it seems that the worst of the storm is behind us and the melting up has begun.  I expect this to last for quite some time, at least until profit taking for the halving takes place.  It's starting to look like this year is going to be smooth sailing though, at least until the mtgox distribution near the end of the year, but I suspect by then the market will be jumping into Bitcoin before the next bubble happens.  Hopefully that minimized the mtgox downside a bit.

i believe that bitcoin is on its own trajectory and what the fed does, or how well the stocks are doing, has little impact on BTC price. sure for a while it was a convenient way to explain price action, but I see nothing out of the ordinary, the past year wouldn't of been significantly difference no matter what the Marco picture was. there maybe some short term correlation, but if you zoom out far enough its all just noise compared to what's really driving the price action.

[Paashaas]

Recieved a phone call from my brother in law early this moring around 6 AM.
He told me that my sister was taken to the hospital with an ambulance, she couldn't endure the sudden serious pain attack in her lower body.

Stood up with instant adraline and stress while pulling my cloth on with haste rushing to the hospital.

Turns out her gallbladder failed working anymore so it needed to removed asap, thankfully they did surgery same day and will stay in the hospital for some day's for possible complications.

She can still lead a normal life without a gallbladder. The liver will still make bile to digest food, but instead of being stored in the gallbladder it drops continuously into the digestive system. A modified diet plan is required to avoid fats especially saturated and trans fats as much as possible which is on the positive side a good thing overall.

She will be fine i guess...yet, was always worried about her health because after she gave birth back in 2009 her health deteriorated. Womb removed and serval organ prolapses over time.
It was a profound medical rollercoaster. Sometimes i question myself what's next and perhaps another serious problem in the foreseeable future which even could lead to a certain death but her health preservered so far but it is ''getting better thought''.

After this incident i instantly canceled the 9 day's tour trip to Egypt next month with her husband and daughter. All paid by me and had everything arranged already, a major dissapointment for sure. (Always get a cancellation insurance!)
Nevertheless, going to book again for autumn break due for her daughters free time school period. That scorching heat during summer is over the top anyway.

The most important reason why i've decided to quit working is to support and spend more time with her -and ofcourse my mother- making good memories. Not my intention to chase money my whole life and be some kind of greedy fck keeping the Bitcoin wealth for my own, i wanna die in piece, aka; to achieve a hearth so light as a feather.

[ChartBuddy]

Explanation

[JayJuanGee]

[edited out]

why dont you start the wall of text observer thread

Already did.  I been here since the mid-4ks (page count).  How about uie-pooie?

By the way, historically, I have not been much of a thread starter.. it has not really been my thingie, if you had not noticed.

if you zoom out far enough its all just noise

Do you mean that the zoomed out not noise of the my lil precious charts is just like the opposite of the you are noise?  Or a different kind of not noise from lillie fiends?  And, what happens if I keep zooming out in order to get away from the noises.  Will we even be able to communicate after having had zoomed so far out there?  

Do you have a recommended zooming out distance.. like maybe zoom out a month or something like that?  

Will the zooming out help with the day tarding in order to figure out if you are going to be able to buy back at $16,700 and which later you moved up your buying back down before up threshold to $16,900?  You probably know quite a bit about these kinds of tarding things, especially if we were to know the right person to ask, which would be to ask you, of course.

[ChartBuddy]

Explanation

[Hhampuz]

$20k before Feb 1, who else can feel it?

[philipma1957]

$20k before Feb 1, who else can feel it?

Don't think so.

I think a strong fallback to 15.8-16.2 is coming.

the whisper on cpi for jan 12 is mid 6


this means :


https://www.bloomberg.com/news/articles/2023-01-10/jamie-dimon-says-fed-may-need-to-hike-interest-rates-beyond-5


So if that is all true I think we hike .50 which is not making a rally

[ImThour]

$20k before Feb 1, who else can feel it?

CPI tomorrow, if data good yes, else no.

[ChartBuddy]

Explanation

[bitcoinPsycho]

$20k before Feb 1, who else can feel it?

Im Backing you

[TrustedBitcoiner]

[edited out]

why dont you start the wall of text observer thread

Already did.  I been here since the mid-4ks (page count).  How about uie-pooie?

By the way, historically, I have not been much of a thread starter.. it has not really been my thingie, if you had not noticed.

if you zoom out far enough its all just noise

Do you mean that the zoomed out not noise of the my lil precious charts is just like the opposite of the you are noise?  Or a different kind of not noise from lillie fiends?  And, what happens if I keep zooming out in order to get away from the noises.  Will we even be able to communicate after having had zoomed so far out there?  

Do you have a recommended zooming out distance.. like maybe zoom out a month or something like that?  

Will the zooming out help with the day tarding in order to figure out if you are going to be able to buy back at $16,700 and which later you moved up your buying back down before up threshold to $16,900?  You probably know quite a bit about these kinds of tarding things, especially if we were to know the right person to ask, which would be to ask you, of course.

zooming in and out is very helpful for day trading.  i am not worried about my 17.2 short because if i zoom out a little we can see that bitcoin's current trend is sideways, zoom out again and the trend is down, zoomed in it looks like my trade was bad i sold and price is keeps going UP! but the zoomed out version shows it will eventually complete successfully.

and that's how its done buddy. easy money  

[vapourminer]

zooming in and out is very helpful for day trading.  i am not worried about my 17.2 short because if i zoom out a little we can see that bitcoin's current trend is sideways, zoom out again and the trend is down, zoomed in it looks like my trade was bad i sold and price is keeps going UP! but the zoomed out version shows it will eventually complete successfully.

and that's how its done buddy. easy money  

dude. easy money is when you make it in your sleep. thats how investments work.

[philipma1957]

zooming in and out is very helpful for day trading.  i am not worried about my 17.2 short because if i zoom out a little we can see that bitcoin's current trend is sideways, zoom out again and the trend is down, zoomed in it looks like my trade was bad i sold and price is keeps going UP! but the zoomed out version shows it will eventually complete successfully.

and that's how its done buddy. easy money  

dude. easy money is when you make it in your sleep. thats how investments work.

but perfect timing works so much better.

buy at 6 sell at 1100
buy in again at 100 sell at 19000
buy in again at 3900 sell at 67k
buy in again at 29k sell at 68k

only needed 4 moves to be pretty. much perfect.

please note this is tongue in cheek joke


I guess next move was buy at 15.7k. in November  sell at ? later on.

[TrustedBitcoiner]

zooming in and out is very helpful for day trading.  i am not worried about my 17.2 short because if i zoom out a little we can see that bitcoin's current trend is sideways, zoom out again and the trend is down, zoomed in it looks like my trade was bad i sold and price is keeps going UP! but the zoomed out version shows it will eventually complete successfully.

and that's how its done buddy. easy money  

dude. easy money is when you make it in your sleep. thats how investments work.

but perfect timing works so much better.

buy at 6 sell at 1100
buy in again at 100 sell at 19000
buy in again at 3900 sell at 67k
buy in again at 29k sell at 68k

only needed 4 moves to be pretty. much perfect.

please note this is tongue in cheek joke


I guess next move was buy at 15.7k. in November  sell at ? later on.

if you can catch a couple 10-15% swings along the way, that's 10-15% more ammo you can spend on the bigger swings.