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

[d_eddie]

Ouch. Ouch.

[BobLawblaw]

Meanwhile... over on nostr...

[Torque]

When the whales mega short, they just love to follow up the FUD with a big dip below what they think are major psychological numbers.

Looks like they are gunning for sub $20k.

Joke's on them....long term HODLers are completely unaffected.  

Also, get used to these big leveraged up and down barts pretty much all year long.

The only thing that matters is that we'll end up higher than where we started the year.

[ChartBuddy]

Explanation

[BobLawblaw]

Joke's on them....long term HODLers are completely unaffected.  

<so_tiresome.gif>

[Volgastallion]

I know its quite early but i thinked march can be a good month for BTC price, but seems like im totally wrong.

As always lets see the positive side, you can buy it cheaper.

[vapourminer]

this is what happens when you mining shitcoin ^{(you can't afford to cover electricity bills and buy a vacuum cleaner)}

there is sooo much dust that rig may of actually mined BTC back in the day, not alts.

[Toxic2040]

the noon wall report

dyor

sleepy joe says more taxes
warmachiine goes brrrrrr
eagles beak slashes at soft elbow
jobs report out tomorrow

another day in the life of a hodler
carry on


4h


D

stronghands

[dragonvslinux]

the noon wall report

dyor

sleepy joe says more taxes
warmachiine goes brrrrrr
eagles beak slashes at soft elbow
jobs report out tomorrow

another day in the life of a hodler
carry on


4h


D

stronghands

FYI if you're looking at clouds, given the Daily is bullish and Weekly remains bearish, the 3D has an interesting "neutral perspective" imo:



There's that bullish cross which looks good. Notably it's right at the 200 Day MA priced at $19.7K. Hopefully we don't get there til April tho, until after the bullish cross-over?

Also as it's first time since $50K and over a year since price has been above bullish formation, so looks quite relevant, as opposed to Daily flip flopping.

I ain't no cloud expert tho! Just thought I'd share this time-frame for a change as a usual in between of Daily bullish and Weekly bearish.

[ChartBuddy]

Explanation

[BobLawblaw]

[xhomerx10]

this is what happens when you mining shitcoin ^{(you can't afford to cover electricity bills and buy a vacuum cleaner)}

there is sooo much dust that rig may of actually mined BTC back in the day, not alts.

 Dust?!  That's some kind of alien invasion.

[xhomerx10]

I, xhomerx10, being of sound mind and body (well... I mean I'm still breathing), am formally submitting a complaint to the CEO of Bitcoin on account of too much downity and not enough uppity.

[JayJuanGee]

[edited out]

Yeah one can never be exactly sure of a bottom… it doesn’t really matter if Bitcoin drops below 21,600 since I went all in at 17k$ Sold at around 24k$
Have a good day Jay

Wow.. you are trading this noise with decent amounts of your holdings? 

You must almost deserve a bat slappening for admitting to that...





Don't you realize/appreciate the power of the meme?

The lowest Bitcoin went after 2017 was in 2019 and it was on February 7, 2019, when the USD value was $3,384.91. If I am not correct then I apologize. Considering the present situation I do not think that Bitcoin will go down so much but ironically it is going down. I think it will hit the biggest low after 2019.

First of all.. we use Bitstamp here for our price references..   especially the kinds of "overall" claims that you seem to be making..

And the low would have been in about mid December 2018 in the ballpark of $3,124.... sure a minor difference in terms of the substantive price, but you are off also by around a month and a half.. .. and.... really the bottom in 2018.. lasted until about April 1, 2019.. and then we had a kind of mini bull run from around $4,200 on April 1, 2019 until around $13,880 around the very end of June 2019.

In regards to your expectation that the BTC price is going lower than $3,400-ish, what you be smoking?  How's that going to happen?

Do you even know what the fuck you are talking about?

Do you know bitcoin?  or you just talking some kind of a fantasy expectation?

First of all, you are saying that our current bottom is not in, which is $15,479.. from right around November 20, 2022.. we have to get down to those levels first and then thereafter go below that.  How's that going to happen?  What's going to cause it?  Do you have anything besides what you "hope" will happen?

[BitcoinBunny]

There is only one place a government that wants to tax people's gains at 40% belongs and that is in a locked up dungeon.

[Toxic2040]

FYI if you're looking at clouds, given the Daily is bullish and Weekly remains bearish, the 3D has an interesting "neutral perspective" imo:



There's that bullish cross which looks good. Notably it's right at the 200 Day MA priced at $19.7K. Hopefully we don't get there til April tho, until after the bullish cross-over?

Also as it's first time since $50K and over a year since price has been above bullish formation, so looks quite relevant, as opposed to Daily flip flopping.

I ain't no cloud expert tho! Just thought I'd share this time-frame for a change as a usual in between of Daily bullish and Weekly bearish.

+1 WOsMerit



me either  

...but

digging deep towards span B support levels with the lagging span testing span A
its into the trenches until Q3(its critical until Sept.?)at least with volatility remaining elevated imo
dyor

[log2exp]

There is only one place a government that wants to tax people's gains at 40% belongs and that is in a locked up dungeon.

It's only fair that IRS will issue capital loss tax credits with no $3,000 cap.

[ChartBuddy]

Explanation

[Paashaas]

There is only one place a government that wants to tax people's gains at 40% belongs and that is in a locked up dungeon.

Add a possible 30% tax on electricity used for cryptomining..

Biden plans to increase taxes to collect a whopping $5.5 trillion over the next decade.

[BitcoinBunny]

There is only one place a government that wants to tax people's gains at 40% belongs and that is in a locked up dungeon.

Add a possible 30% tax on electricity used for cryptomining..

Biden plans to increase taxes to collect a whopping $5.5 trillion over the next decade.

I'm sure he will get 400 million votes next time regardless.