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

[BitcoinBunny]

Ok so what just happened?

This.

Ah yes, the old classic Bart and de-Bart

Bitcoin today dumping 1k$. Bitcoin Next stong support 28.3k$.

Tell Mr. Stong when you meet him that he needs to improve on his grammar skills.

[1695292605]

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[1695292605]

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[1695292605]

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[1695292605]

1695292605

[ChartBuddy]

Explanation

[ivomm]

Probably not a good thing short term for the BTC price if this happens but long term the USA could be cutting itself off BTC, at least lose control of the most used on and off ramps.
Not a bad thing I reckon.

In the end BTC doesn't give a flying fuck (some of the reason for this carry on appears to be the staking stuff - could also just be hollow threats from Armstrong).

Coinbase Could Move Away From U.S. if No Regulatory Clarity: CEO Brian Armstrong
https://www.coindesk.com/business/2023/04/18/coinbase-could-move-away-from-us-if-no-regulatory-clarity-ceo-brian-armstrong/

You are kidding, right? If Coinbase stops trading in US this would be very bad for Bitcoin in the next 5 years at least. Practically every institution in US involved in Bitcoin uses Coinbase custody directly or via OTC desks. I just don't want to speculate what will happen in this case. I'm not a fan of conspiracy theories, but I sense a plot to harm Bitcoin adoption in USA and EU. First, they tried to shut down the banks that operate with the exchanges. This didn't work as they supposed. On the contrary they killed banks and their stocks, while Bitcoin was getting even stronger. They see the danger now - people and institutions prefer to buy Bitcoin instead of stocks and pull out their deposits. The same reason why China banned Bitcoin so many times. Being incredibly stupid it took them years to realize that neither regulations nor lack of regulations will hinder Bitcoin. So now they came with a btilliant plan - they started issuing fines with no explanations creating a delibarate regulatory chaos. This is like getting arrested and brought to court and the judge saying to you - look we are going to put you in jail because we have no idea who you are. But if you leave the country, we won't stop you. So, they play the chicken game. Bittrex shitted their pants at the first fine. OK, we can live with that. They are so small, nobody cares. But If Brian acts like a pussy too, this will have a major impact.

[fillippone]

Yearly update of the password strength table:



Source:
Are your passwords in the green

[BitcoinBunny]

Yearly update of the password strength table:



Source:
Are your passwords in the green

I'll go with the 26 trillion years option.

[ChartBuddy]

Explanation

[Negotiation]

BTC price dives 3% in minutes as ‘deep correction’ grips crypto market.



Source.



I think so "deep correction" now it is well but next touch point is probably $34k.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[d_eddie]

Hey buddy, what's with this 29xxx thing? Ditch it.

[d_eddie]

More Gensler grilling

https://www.youtube.com/watch?v=pBMnPec4AC4

[Gachapin]

Hey buddy, what's with this 29xxx thing? Ditch it.

be careful or he might go to 28xxx

[vapourminer]

Hey buddy, what's with this 29xxx thing? Ditch it.

be careful or he might go to 28xxx

maybe if we are extra nice to buddy and polish its vacuum tubes or something. waddayasay buddy

[ChartBuddy]

Explanation

[goldkingcoiner]

Do you guys know if there is a live ticker of the cumulative buy/sell walls from the orderbooks of every major exchange?

[BitcoinBunny]

More Gensler grilling

https://www.youtube.com/watch?v=pBMnPec4AC4

No wonder Coinbase are threatening to leave the USA with this wishy washy unclear nonsense.
Gensler is the embodiment of modern day BS.

Any state official can bend wishy washy rules to whatever is suited in an agenda, rather than offer clear compliance targets businesses can operate under.

What we have is claptrap waste of time assholery in all levels of government, tax laws and finance laws.

[OutOfMemory]

Hey buddy, what's with this 29xxx thing? Ditch it.

be careful or he might go to 28xxx

* OutOfMemory warming up the index finger for clicking the BUY button 

Saw the Gensler interview yesterday.

What
A
Dumb
Douchebag (not)
Answering
Fucking
Unexpected
Questions
 

Should be detained for explicitly not servicing the US citizen, imo.

[ChartBuddy]

Explanation

[OgNasty]

Looks like the market it’s getting choppy at $30K as you would expect looking at the chop the last time we hit $30K on the way down. We’re basically mirroring that move which means when this chop does break up and we move another leg higher, the price should jump pretty much straight to $40K and pause for another consolidation period.

[ChartBuddy]

Explanation