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

[nutildah]

Bud stuck in a rut
Thank God NFL season's
Around the corner.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[2Pizza410000BTC]

See video: https://twitter.com/plan_marcus/status/1690648605411938304?t=ulQLWZsgnyfa0sEEBadgIg&s=19

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

buddy will cross the 100 straight 29k mark soon very soon.

There will be a reversal before that.

we are at 94 or 95 straight 29k marks.


As a miner more than anything else I can tell you 29k is very much an okay price for big miners.

So at the moment  big mining is driving price more than speculators.

It is an occasional 'thing' maybe 10 percent of the time so sooner or later the price will go back to the hands of investor/speculators.

[FinePoine0]

#Bitcoin   

Our outlook

2023 peak target: $50k
2024 (pre-halving): consolidation
2024 (post halving): New all time high (ATH)
2025/26 (Q4-Q1): Cycle peak
2026: Bear market


Details

[LFC_Bitcoin]

#Bitcoin   

Our outlook

2023 peak target: $50k
2024 (pre-halving): consolidation
2024 (post halving): New all time high (ATH)
2025/26 (Q4-Q1): Cycle peak
2026: Bear market


Details

Pretty much exactly what I’d expect but the 2023 peak is perhaps a little ambitious.

Let me have a go -

2023 peak target: $40,000
2024 (pre-halving): consolidation
2024 (post halving): New all time high (ATH - something like $86,000 as 2024 high)
2025 Cycle peak ($180,000 to $250,000)
2026: Bear market

[DVlog]

buddy will cross the 100 straight 29k mark soon very soon.

There will be a reversal before that.

we are at 94 or 95 straight 29k marks.


As a miner more than anything else I can tell you 29k is very much an okay price for big miners.

So at the moment  big mining is driving price more than speculators.

It is an occasional 'thing' maybe 10 percent of the time so sooner or later the price will go back to the hands of investor/speculators.

Yeah and historically September has been red for the Bitcoin market for most of the time. It sounds crazy but i am expecting a fall towards 25k and i am happy about that. This correction could be the last one and it is good for the market.

[philipma1957]

buddy will cross the 100 straight 29k mark soon very soon.

There will be a reversal before that.

we are at 94 or 95 straight 29k marks.


As a miner more than anything else I can tell you 29k is very much an okay price for big miners.

So at the moment  big mining is driving price more than speculators.

It is an occasional 'thing' maybe 10 percent of the time so sooner or later the price will go back to the hands of investor/speculators.

Yeah and historically September has been red for the Bitcoin market for most of the time. It sounds crazy but i am expecting a fall towards 25k and i am happy about that. This correction could be the last one and it is good for the market.

I see us in the 2015-2016 slot or pattern.

which means we slowly drift upwards to 60-72k right before the ½ ing next year.

A sept rollback is possible but if you look at the 8-9 month slot in 2015-2016 price was good not great for mining.
So we may not get the large 10-15% rollback you predict.

Basically we look at old patterns and hope we repeat the pattern we guess.

Since I mine and hodl more then I buy and hold. I pick the older pattern I like. Reality is who knows.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cygan]

an old issue from 14 december 2022

[BobLawblaw]

Stuck at twenty-nine,
Bitcoin's dance in frozen time,
Price whispers decline.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Out of mind]

#Bitcoin   

Our outlook

2023 peak target: $50k
2024 (pre-halving): consolidation
2024 (post halving): New all time high (ATH)
2025/26 (Q4-Q1): Cycle peak
2026: Bear market


Details

Pretty much exactly what I’d expect but the 2023 peak is perhaps a little ambitious.

Let me have a go -

2023 peak target: $40,000
2024 (pre-halving): consolidation
2024 (post halving): New all time high (ATH - something like $86,000 as 2024 high)
2025 Cycle peak ($180,000 to $250,000)
2026: Bear market

Maybe 2023 peak of the different

I think that will happen-  

2023 peak target: $45000/$50000
2024 (pre-halving): consolidation
2024 (post halving): New all time high (ATH - something like $75000/$80000 as 2024 high)
2025 Cycle peak ($100,000 to $150,000)
2026: Bear market

[DVlog]

buddy will cross the 100 straight 29k mark soon very soon.

There will be a reversal before that.

we are at 94 or 95 straight 29k marks.


As a miner more than anything else I can tell you 29k is very much an okay price for big miners.

So at the moment  big mining is driving price more than speculators.

It is an occasional 'thing' maybe 10 percent of the time so sooner or later the price will go back to the hands of investor/speculators.

Yeah and historically September has been red for the Bitcoin market for most of the time. It sounds crazy but i am expecting a fall towards 25k and i am happy about that. This correction could be the last one and it is good for the market.

I see us in the 2015-2016 slot or pattern.

which means we slowly drift upwards to 60-72k right before the ½ ing next year.

A sept rollback is possible but if you look at the 8-9 month slot in 2015-2016 price was good not great for mining.
So we may not get the large 10-15% rollback you predict.

Basically we look at old patterns and hope we repeat the pattern we guess.

Since I mine and hodl more then I buy and hold. I pick the older pattern I like. Reality is who knows.

It is true that historical patterns can give invaluable insight into the behavior of market movements but we need to consider that the bitcoin market has evolved a lot since the 2015-2016 cycle. Various elemental factors like regulation, institutional involvement, and technological advancement can redirect the market to a different path. I also believe that every cycle has a unique pattern though we can correlate them with the previous cycle.

32k has a strong resistance and it might be hard for the market to cross it and we have already seen it. I also agree with you about the reality that it is unexpected and full of surprises.