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

[ChartBuddy]

Explanation

[Hamza2424]

Ohhh soo much Heat in Winter this time well lets see what 200 Weekly MA says. By the way 24k figure is good for the week today ia Monday and from some rumors and Sources The last Week Bull Run is due to Chinese New Year if the news is true then in my view until 22nd of January Price can really test 200MA. Then a correction expected.



On the other hand a 4k bitcoin outflow from market and point here is not anout amount is about this amount is moved from the mining account.

[John Abraham]

Someone's Merit Whoring is getting annoying.  
Stop Posting Full-Screen Images (Except Charts)  

Well boss mistakenly post original size, congratulation for correct advice  

Posts:   2100
Activity:   574
Merit:   93
Hopefully "not Merit Whoring"   you are already fast ranked up then me.

I won't mind ranking you up.
But, Follow some basic ethics.
Make sure your post doesn't look like you are desperate for merits.
Congratulations on your new Rank.
I hope you do not support Bitcoin cash anymore https://loyce.club/archive/posts/5235/52354085.html

[ChartBuddy]

Explanation

[John Abraham]

People are Sharing Hal Finney's Quote on Twitter, and they forget to mention the source. Yes. It was from Bitcointalk Community.

Since we're all rich with bitcoins, or we will be once they're worth a million dollars like everyone expects, we ought to put some of this unearned wealth to good use.

[Unknown Op]

Everything is better with #Bitcoin BTC



TWITTER

[jojo69]

[ChartBuddy]

Explanation

[bangjoe]

source

“The Fund may invest in cash-settled bitcoin futures that are traded on commodity exchanges registered with the Commodity Futures Trading Commission,” the filing states.

After BlacRock invested in Circle then Coinbase, and put Bitcoin into its derivatives last year, and will create a futures market with a focus on blockchain.
Is it possible that the ETF product is nearing completion, which may have given the market some bulls lately?
I don't understand this but I have my suspicions.

[ChartBuddy]

Explanation

[Shan85]

Good News, Dear Members
$BTC breaks 20K and still goes UP! 📈

Global Cryptocurrency market cap reclaims $1 TRILLION 🥇Will market go up even more? Drop your thoughts 👇


Source: Twitter

[ChartBuddy]

Explanation

[aesma]

"Boomers: still getting lost without a GPS."

I'm guessing what is meant is boomers don't know how to use a GPS. Because gen Z would be the ones getting lost without a device giving them directions, boomers know how to read maps and signs.

(Tbh, the gen z roasts are way funnier than the other reply that she really wanted... but then again, jmho and I maybe bias...)

The gen Z ones hurt more, too. Making them look really dumb and useless.

[ChartBuddy]

Explanation

[JayJuanGee]

.....Boring... but thanks for taking the effort.

Boring?... AKA ... there's nothing in there that takes the piss out of JB and matches my narrative...so "boring"...lol.

Yes, yes, I hear ya.

Been telling myself to worry less about politics and other things I can't change anyway and spend more time on my creative hobbies.

You "need" a batslappening for reals.   

Source
when see BTC price $21k the relax mode on fly up BTC

That cat appears to have a fifth leg with a human foot. Freaky.

Is such a five-footed cat with a human foot in the room with us now?

[vapourminer]

"Boomers: still getting lost without a GPS."

I'm guessing what is meant is boomers don't know how to use a GPS. Because gen Z would be the ones getting lost without a device giving them directions, boomers know how to read maps and signs.

scratched my head on that one too. as i still have paper maps in my vehicles. i do use gps though, hard not too sometimes as its built into many cars nowadays..

mine is set to tell me when im speeding over a certain amount heh.  wonder what else it checks.. cars gonna drop a dime on me yet lol

[dragonvslinux]

Ok now is starting to look like bull flag on short-term time-frame, after failing ascending triangle break-out. Still expecting a fake-out to higher levels above $21.5K but this ain't no shorting range.

[ChartBuddy]

Explanation

[Hueristic]

The Bank for International Settlements (BIS) has now allowed banks to now hold 2% of their reserves in cryptocurrencies as per its recently released Prudential Treatment of Crypto Asset exposure report for December 2022. In June, the BIS had allowed only a few banks to hold not more than 1% of their reserves in cryptos.

https://www.investing.com/news/cryptocurrency-news/bis-allows-banks-to-hold-2-of-their-reserves-in-cryptocurrencies-2966647
Don't shoot the messenger, I didn't pick the wording

There is an exponential aspect to doubling.

In regards to bitcoin specifically, I would suggest anywhere between 1% and 25% for someone who is a responsible grownup.. so yeah, maybe banks have to work their lil selfies up towards the higher end of the range... .. but if they are actually contemplating shitcoins or "crypto" then fuck that nonsense, I am not even sure if 1% would be tolerable for that.. maybe 0.25% at most?... or maybe up to 1% of the bitcoin amount.

Been having a hard time finding particulars such as what banks are under their purview and exactly what the term "cryptocurrencies" means to them.

Hopefully shitcoins are not on that list but even if they were I don't see institutional banks receiving capitol from national treasuries as foolish enough to do a  full retard coinbase.

[TrustedBitcoiner]

Ok now is starting to look like bull flag on short-term time-frame, after failing ascending triangle break-out. Still expecting a fake-out to higher levels above $21.5K but this ain't no shorting range.

if that's not a good price point to short what is?
this has been one hell of a pop, I fully expect a strong pull back, maybe even retesting 15.5k.