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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26405557 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Gachapin
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bitcoin retard


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March 16, 2023, 06:35:00 PM
Merited by ivomm (1), dragonvslinux (1)

if we went by last cycle's performance and its ratios, price would hit 45k by June and after that stay between 45k and 25k for another 16 months..

I did the calculation based on % retrace and it's more like $50K/$52K with a general target of $48.5K, for now at least (based on 2023 low to ATH)
Ignoring the % retrace another 4.4x move from the lows (like in 2019) would actually be more like $69K.
Hence I prefer the calculation of retracing around 62% from ATH, rather than 100%.


Sorry I was a bit inaccurate with my numbers, when writing 25k and 45k, because of their psychological impact.


What I did (approximately):

last cycle highest retrace, to 69% of the ATH in June 2019 (approx. 13.8k)  --> corresponds with 47.6k this cycle

then 16 months price-wise between that and 1/3 of the ATH (approx. 6.3k) --> corresponds with 47.6k and 22.8k this cycle

(I left out the black swan covid crash)


So 25k-45k by my rule of thumb...  
As someone said before, I also don't think it makes much sense to be too exact when comparing the cycles. Especially in Bitcoin, which is a very special animal

But thanks for your work. I appreciate it every time!

and.. I can certainly live with 50k  Cheesy


BitcoinBunny
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March 16, 2023, 06:57:36 PM

Running a scamming fiat banking organisation, being involved in numerous scandals and illegal activity, running your business into the ground:

"Hey lovely man, do you need $54 billion?! Here you go, lovely man."   Kiss

-----

Selling some chocolate and placing a drawing of a mountain of your country on the packaging:

"Hey stop that! You are a bad, bad man, do it again and we throw you in jail! Comply immediately! Comply!"  Angry

It's Tobler-GONE: First Toblerone bars go on sale without iconic Matterhorn image to comply with Swiss law
https://www.dailymail.co.uk/news/article-11868485/First-Toblerone-bars-sale-without-iconic-Matterhorn-image-comply-Swiss-law.html
ChartBuddy
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March 16, 2023, 07:01:17 PM


Explanation
d_eddie
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March 16, 2023, 07:27:29 PM

Running a scamming fiat banking organisation, being involved in numerous scandals and illegal activity, running your business into the ground:

"Hey lovely man, do you need $54 billion?! Here you go, lovely man."   Kiss

-----

Selling some chocolate and placing a drawing of a mountain of your country on the packaging:

"Hey stop that! You are a bad, bad man, do it again and we throw you in jail! Comply immediately! Comply!"  Angry

It's Tobler-GONE: First Toblerone bars go on sale without iconic Matterhorn image to comply with Swiss law
https://www.dailymail.co.uk/news/article-11868485/First-Toblerone-bars-sale-without-iconic-Matterhorn-image-comply-Swiss-law.html

At least, the mountain's still there and is not going anywhere (nuclear armageddon aside).
Imagine if Toblerone featured some different image - say, like the Credit Suisse logo.
HI-TEC99
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March 16, 2023, 07:51:19 PM

...

Selling some chocolate and placing a drawing of a mountain of your country on the packaging:

"Hey stop that! You are a bad, bad man, do it again and we throw you in jail! Comply immediately! Comply!"  Angry

It's Tobler-GONE: First Toblerone bars go on sale without iconic Matterhorn image to comply with Swiss law
https://www.dailymail.co.uk/news/article-11868485/First-Toblerone-bars-sale-without-iconic-Matterhorn-image-comply-Swiss-law.html

So selling this chocolate with the iconic Matterhorn image on its packaging isn't allowed anymore?

ChartBuddy
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March 16, 2023, 08:01:17 PM
Merited by vapourminer (1)


Explanation
ChartBuddy
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March 16, 2023, 09:01:22 PM


Explanation
cygan
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Crypto Swap Exchange


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March 16, 2023, 09:04:08 PM
Last edit: May 14, 2023, 04:50:30 PM by cygan
Merited by vapourminer (1)

now again after the tv tower another object was illuminated with a huge Bitcoin logo Cool


https://twitter.com/Bitman_bob/status/1636102699325218816

and the whole thing came out of this moving head:

Lainta
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Bisq Market Day - March 20th 2023


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March 16, 2023, 09:11:45 PM



https://twitter.com/BitcoinNewsCom/status/1636414659468181527?t=m3LWT-55jTgx2QNKqWG16w&s=19
Hyperjacked
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It's all mathematics...!


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March 16, 2023, 09:26:56 PM
Merited by BobLawblaw (3), xhomerx10 (1)

“Bump and run reversal” pattern with a 100k$ target price!   Shocked Shocked  Shocked
“Textbook perfect”



https://cointelegraph.com/news/bitcoin-to-100k-next-analyst-eyes-textbook-perfect-btc-price-move  
ChartBuddy
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March 16, 2023, 10:01:16 PM


Explanation
eXPHorizon
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Precision Beats Power and Timing Beats Speed.


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March 16, 2023, 10:28:36 PM

now again after the tv tower another object was illuminated with a huge Bitcoin logo Cool


https://twitter.com/Bitman_bob/status/1636102699325218816

and the whole thing came out of this moving head:




I can do marketing so much better id make the btc world wow from the effect and sophistication of the effort. But am i ? For Millions of € ofcourse 😉 or should i say a few Beetkojjnas 😆
ChartBuddy
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March 16, 2023, 11:01:17 PM


Explanation
Richy_T
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March 16, 2023, 11:08:33 PM



Hmm. ACH delays at coinbase.
Not Sure abut the reason ??

They never said. Seems to be OK now.
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March 16, 2023, 11:35:15 PM
Merited by Biodom (1)


I wonder if I'll be able to sue the local Chinese restaurant. Their fortune cookies were advertising FTX.

fillippone
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Fully fledged Merit Cycler - Golden Feather 22-23


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March 16, 2023, 11:36:34 PM
Last edit: May 15, 2023, 10:28:13 AM by fillippone
Merited by d_eddie (1), johnsaributua (1)

Did someone noticed that?




Wait, what? The FED was doing a Quantitative Tightening!

Well, actually, it's in "Stealth QE" mode!

Fed Balance Sheet Explodes By $300BN As Bank Bailouts Lead To Record Discount Window Surge

They pushed the infamous  Bank Term Funding Program (nobody wants to use it because of a stigma effect associated with the liquidity drawn from such a facility), but the discount window was actually very successful last week:


They offered 4 weeks worth of tightening in a single auction.



ChartBuddy
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March 17, 2023, 12:01:19 AM


Explanation
Biodom
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March 17, 2023, 12:06:17 AM

AI artwork corresponding to "salmon swimming in the river":

https://twitter.com/lndian_Bronson/status/1636213844140851203

hmmmm...not there yet, sorry.

btw, anyone knows where those 2 tril in the new "facility" are coming from, seriously?
I hope it is not our pockets, eventually.
ChartBuddy
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March 17, 2023, 01:01:16 AM


Explanation
smartcomet
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March 17, 2023, 01:50:29 AM
Merited by vapourminer (1), jojo69 (1)

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