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

[ChartBuddy]

Explanation

[El duderino_]

https://twitter.com/carlbmenger/status/1613470192536788994?s=46&t=GxMNB1Jcg65k0AA1RiSv6Q

[vroom]

Bitcoin Miss Universe 2023

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Unknown Op]

Twitter Developing ‘Coins’ Feature With Stripe Payments



SOURCE

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[philipma1957]

CPI is in

https://www.usatoday.com/story/money/2023/01/12/cpi-report-data-release-gas-prices-inflation-december-2022/11034854002/

CPI report shows fall in gas prices helps inflation slow again in December ...

Inflation eased substantially for a third month in December as tumbling gasoline prices and a moderating rise in grocery bills offset another surge in rent.

Consumer prices increased 6.5% from a year earlier, down from 7.1% in November and a 40-year high of 9.1% in June, according to the Labor Department’s consumer price index..

That marks the slowest annual gain since October 2021 and matches economists' estimates.

On a monthly basis, consumer prices fell 0.1%, the first monthdecline since May 2020.

What does core CPI mean?

Core prices, which exclude volatile food and energy items and better reflect longer-term trends, increased 0.3% from November following a 0.2% bump the previous month. That lowered the annual increase from 6% to 5.7%.

that -.1% is a pivot

very likely we see .25 rate jump and not .50

I am thinking we are going to be okay

Proudhon predicted on Jan 9 we would fall back under 17k by Jan 14 and never have a 5 day stretch over 17k this year.

so the next few days are critical

[Helena Yu]

Twitter Developing ‘Coins’ Feature With Stripe Payments

I don't care with any shitcoin, this is Bitcoin forum.

[philipma1957]

Twitter Developing ‘Coins’ Feature With Stripe Payments

I don't care with any shitcoin, this is Bitcoin forum.

Well it is an attack vector to keep an eye on.

[ChartBuddy]

Explanation

[BitcoinBunny]

Will 18K hold or....

He can't stay down with three barrels on him. Not with three barrels, he can't.

[Ryu_Ar1]

Will 18K hold or....

I think we still have to see the results of the CPI, if indeed the numbers are above the predictions it is very likely that bitcoin will go back down but if it is indeed below the predictions the possibility of $19k is possible I think.

[philipma1957]

Will 18K hold or....

I think we still have to see the results of the CPI, if indeed the numbers are above the predictions it is very likely that bitcoin will go back down but if it is indeed below the predictions the possibility of $19k is possible I think.

CPI is posted a few post back.

We did a pivot and the first drop in 1 month since 2020.

So we wait on the fed for rate adjustment. I am thinking + 0.25 may be the next adjustment.

That should be a positive for BTC.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[philipma1957]

https://www.reuters.com/markets/us/fed-seen-delivering-quarter-point-hike-next-month-inflation-slows-2023-01-12/


so the prediction is now 0.25% hike

on Feb 1


looks like sideways with a slight rise from now to Feb 14

We then will speculate on the Cpi for late Feb.

if it is -0.1 like it was for Jan 12

we could see a zero or .25

All in all we may rally sooner rather than later.


Or not.

Oh tomorrow will be my 12th DCA buy.

[BitcoinBunny]

So weird that considering the USA vs Russia proxy war taking place in Ukraine, NASA and the Russian space agency still work together.

Too bad this working together didn't become an instrument for peace on all fronts, permanently.  

Regardless, hopefully the guys all get home safe.

US and Russian astronauts stuck waiting in space after spacecraft suffered damage
https://uk.yahoo.com/news/us-russian-astronauts-stuck-waiting-015404901.html

[bitcoinPsycho]

BOOM