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

[OgNasty]

The stock market bounced back this morning but Bitcoin seems to be lagging behind a bit. The government is now saying they’ve basically made a deal to avoid default, but it isn’t official yet. That news may be being overshadowed by a higher than expected inflation rate which means the fed will likely continue hiking rates. I don’t think that is the ideal Bitcoin environment, but we’re getting closer.

[Mbitr]

AI will always have its weaknesses

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[Biodom]

Unbelievable...

https://cryptonewsland.com/celsius-gets-acquired-by-fahrenheit-as-market-fever-subsides/

What's next: yard acquires meter?

[nlovric]

https://bitcoincore.org/en/2023/05/26/release-25.0/

" Finally BTC Bitcoin Core 25.0 is now released"

[ChartBuddy]

Explanation
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[fillippone]

I’m just here for the memes;)

[Hamza2424]

I’m just here for the memes;)

Seems like Jaga badmash hehe (Local Word).

Well looks like my eyes are getting weaker just because of the shine of this color, anyway, I would love to see what is the bonding between the color and technology.

I have a request for this guy to give me a neck chain I want to buy some Stoshis.

[shahzadafzal]

I’m just here for the memes;)

Seems like Jaga badmash hehe (Local Word).

Well looks like my eyes are getting weaker just because of the shine of this color, anyway, I would love to see what is the bonding between the color and technology.

I have a request for this guy to give me a neck chain I want to buy some Stoshis.

That guy had a very sad ending

https://www.theguardian.com/world/2016/jul/16/indian-businessman-famed-for-240000-gold-shirt-beaten-to-death

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
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[Stavri]

I think if we hit $250,000 in the upcoming bull run it’ll me in mid to late 2025. That would follow the path of previous cycles but what the hell do I know. I’m just here for the memes;)

this place is practically a meme goldmine 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

250K?
It looks like PTB are infatuated with a newer toy aka AI (running NVDA to almost 1 tril in valuation).
To me, it makes it less likely for us to see growth from 26-27K to 250K in this cycle.

However, some upward pulse has to be expected and the value of btc in the fall of 2024 would probably determine how much running power it would have.
If only 50-60K by that date, then $120K would be the new ATH target and if btc is already at ATH by the fall of 2024, then we can, indeed, spike to 180K and maybe even 220-250K.

^ above is a pure speculation based on about 10 years of experience and not much else..I don't have a fancy trend graph to show (at least i did not make it yet).

[ChartBuddy]

Explanation
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[Bitcoin_people]

The mental gymnastics of fiatcoiners



https://twitter.com/saifedean/status/1662221698874372096?t=o7_w0GhkSdIIojc18gpRow&s=19

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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