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

[ChartBuddy]

Explanation

[LDL]

[AverageGlabella]

Keep pushing chart buddy I see the head!

$100 away from the $25000! We could be entering a new bull season. If you told me that a month ago I would have probably called you delusional but here we are anticipating breaking the $25000 resistance.

As long as the price of BTC goes up and as long as the price of a few thousand or a few tens of thousands of Sastoshi does not seem like much to the buyer, I don't think the owner will worry too much about the menu - but after the price of BTC is double what it is today, I would seriously consider paying 1 salad $20 or more.

An electronic menu in a visible place that would automatically adjust to the BTC price would definitely make more sense.

Only while btc is volatile in many years and when the halving have disappeared this should not be a issue and printed menus can be used because the volatility should be less then it is today. I do not think small businesses could afford a system that is connected to a api and displays the btc equivalent for their menu items though.

[shahzadafzal]

We bleed orange hello again $25k

[philipma1957]

Hmm 25k again.

so retreat to 24k

or push on to 26k?


I really would like to see a dead solid 3k green candle today or tomorrow.

[Gachapin]

bears trying to defend 25k

[AverageGlabella]

Hmm 25k again.

so retreat to 24k

How dare you?

or push on to 26k?


I really would like to see a dead solid 3k green candle today or tomorrow.

That is better. I do not share the optimism of a 3k increase by today or tomorrow but maybe by the end of the week we can start pushing towards $30000 which will be the next resistance to beat. If we beat that we could be on the path of a very big bull run especially after the year of shit we have had.

bears trying to defend 25k

Trying is the key word.

[ChartBuddy]

Explanation

[Gachapin]

there could be too much expectation that we go through 25k very soon...

[dragonvslinux]

Hmm 25k again.

so retreat to 24k

or push on to 26k?


I really would like to see a dead solid 3k green candle today or tomorrow.

I'd much prefer to see it tomorrow. All I'm after is a Weekly close above previous high of $24.3K, ideally above $24.5K Daily high close. Everything else risks heavy rejection right now (as already seen today) prior to any higher time-frame breakout confirmation. Also it's a Sunday, so much more chance or a low volume pump that risks rejection by Monday... more or less as we're already seeing today.

Currently returning to the local accumulation/distribution zone that volume has concentrated since Thursday. That's all I want to see until confirmation sets in by end of week. Patience is a virtue. Also, currently seeing the 4th consecutive rejection with bearish wicks from 50 Week MA on Daily time-frame, so best not to get carried away quite yet. Next week, it will be $300 lower which will be much better with price above...

[gembitz]

...

BITCORN ORDINALS SOUND ORDINARY I MEAN WHO COULD HAVE WANTED NFTS ON /\BTC MAINNET ANYWHO? :-D Lel Reeee 1OOK close~~~hodl this is gentlemen~~~

You are still learning about this no?

Ordinals are merely the ordering of numbers, so if BTC has 2.1 quadrillion satoshis, then each of them have a number.

The other aspect that builds upon the idea of "ordinals" is to attach an inscription, so within the inscription NFTs/JPEGs or other forms of data could be included.. so ordinals and inscriptions are not exactly the same thing, even though there is some relation since they were kind of launched (or promoted, or went live) at the same time through the coding arrangements (on top of bitcoin's base layer) that Casey Rodarmor introduced....

so, wwwwwwweeeeeeeeee indeeeeeeeeeeed!!

[/quote]


BITCOIN ORDINAL NFTS WILL BOG DOWN THE CHAIN AND SEND EACH COIN TO MILLION$$$ IMHO + :-D HODL TIGHT MATES!!!CHOO CHOO MOON TRAIN SOOON ^!!!

[ChartBuddy]

Explanation

[BobLawblaw]

Well, that was rude...

[philipma1957]

Well, that was rude...

yeah danced around 25.1 to 25.2 and now 24.3

[HI-TEC99]

Well, that was rude...

yeah danced around 25.1 to 25.2 and now 24.3

[ChartBuddy]

Explanation

[gembitz]

Well, that was rude...

IMO BLOCKS WILL SLOW TO ONE PER HOUR AND REACH 100k+ PRICE PER CORN *BTC NFTS SATS LOCKED UP !!BTC ORDINALZ GOGGOOG ;-D HODL MOON TRAIN INKOMING!!!!

[Hamza2424]

Source

NFTS these days...

[gembitz]

 bitcoin inscriptions vroom vroom    https://docs.ordinals.com/guides/inscriptions.html

[ChartBuddy]

Explanation