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

[Hyperjacked]

Explanation

Sweet… now let’s hold 19,800$ for 10-12 hours and see it play out!

[Hyperjacked]

"A picture is worth a thousand words"

Bitcoin Yearly Candles

This years candle looks like such an obvious bear trap. We could spring back to 30k+ before the end of the year. Unless we end the year on a fat red candle, I am staying optimistic.

The longer we hold the line at 17k and trade sideways the more powerful the upside move going into the 2024 halving…of course I was wrong on the last halving and the most bullish according to the poll… who knew! 400K target for 2025… 😎 cheers hodlers

Disclaimer: Holdin my keys wit an iron grip

Love this chart…zoom out…take a deep breath n hodl on for the ride of your life!

[ChartBuddy]

Explanation

[Toxic2040]

[El duderino_]

So we above 20k again

[janggernaut]

Wheres the helicopter?

[aesma]

This year my plan is to strictly DCA with a defined amount of fiat (already sent the whole year to the exchange end of 2022) and continue the ladder trades.

For those who DCA, how do you do it, do you choose a day of the month/day of the week to do it ? Or do you try do get a "good price" in a defined window ?

[El duderino_]

Wheres the helicopter?

Will come at I guess 70k

[Hhampuz]

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

Well this aged like milk, way too bearish.. $25k before Feb 1st more fair?

[El duderino_]

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

Well this aged like milk, way too bearish.. $25k before Feb 1st more fair?

Meriting is feeling likewise Bro

[heslo]

21k!!!

What is going on?!?!? (not that I'm looking the gift horse in the mouth or anything like that)

[Biodom]

So we above 20k again

You meant 21? 

[dragonvslinux]

Just witnessed the 6% pump within the hour after daily close above 200 DMA. Mad business, has been a while. Currently around $21K.
Daily RSI now showing most overbought since December 2017 @ 90. Definite April 2019 vibes right now with the 20% pop to $5K.
Bears continue to get rekt expecting correction. Probably see sideways at best/worst now similar to 2019. Bottoms in I reckon.

[Biodom]

21k!!!

What is going on?!?!? (not that I'm looking the gift horse in the mouth or anything like that)

Actually, quite interesting...both gold and btc (more) are rallying due to debt ceiling vibes?
I was on record here somewhere that the initial pump would be earlier than in 2019 (more like Q1-endish local peak) vs Q2-end in 2019, but this is better than expected

[fillippone]

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

Well this aged like milk, way too bearish.. $25k before Feb 1st more fair?

Meriting is feeling likewise Bro

[heslo]

21k!!!

What is going on?!?!? (not that I'm looking the gift horse in the mouth or anything like that)

actually, quite interesting...both gold and btc (more) are rallying due to debt ceiling vibes?

That's what I'm thinking too. They'll undoubtedly agree to raise the ceiling anyway but I'll take the nice little pump that goes with it

[El duderino_]

21k!!!

What is going on?!?!? (not that I'm looking the gift horse in the mouth or anything like that)

If this continuous... then I can only say -> market making sense.

[proudhon]

This is the short opportunity of this century.

[goldkingcoiner]

21k!!!

What is going on?!?!? (not that I'm looking the gift horse in the mouth or anything like that)

If this continuous... then I can only say -> market making sense.

The market always makes sense.

[dragonvslinux]

This is the short opportunity of this century.

That most recent crazy pump looks like it came from $200m liquidations from $20.5K to $21K. A lot of people thought those prices would be the ceiling. A lot of people were wrong...