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

[ChartBuddy]

Explanation
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[1715188479]

1715188479

[1715188479]

1715188479

[1715188479]

1715188479

[dansus021]

Whattt the heckkkkk is going onnnn? 

[JayJuanGee]

[edited out]

I am sure Phil is with you, and he would like to be able to replace some of the cornz that he sold around those $20k prices - even though you (or even he) may well end up being too greedy since the prices might not even go below $25k.. and then they gotta go below $22k before they would even get to $20k..

I am not sure at what point anyone who sold around $20k would feel like buying back.. especially if they have held out this long.. they might not buy back even though it would seem to be an obvious opportunity, and we have seen some forum members do that in the past, even though Phil sometimes might not do the right thing, he does not seem to be as jaded^** about BTC like some of those who are complaining about certain prices and then failing to act.. and you might actually be one of those, supposedly based on your getting screwed from the February 2014 MTGOX shut down and then subsequent not opening back up, if we can believe anything that you say.

**Yes, I know Phil is a BTC miner, so it would be quite difficult to argue him as jaded instead of just being a business man who sometimes cannot get too far removed from thinking about his various assets in terms of their short-term dollar values.. and the jaded ones tend to be the ones who are either overall bearish about bitcoin, so they have a certain target price that they want the price to drop to before they buy which causes them difficulties buying back even during steep BTC price dippening times.

Whattt the heckkkkk is going onnnn?  

That be called a bart... very easy to see, even from a reduced version of the chart that you provided

[ChartBuddy]

Explanation
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[jojo69]

[ChartBuddy]

Explanation
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[pakhitheboss]

That is some deep thinking! The line says where everyone would go first.

[ChartBuddy]

Explanation
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[goldkingcoiner]

Whattt the heckkkkk is going onnnn?  

SEC Delays Spot Bitcoin ETF Decision for All Applicants Including BlackRock, Fidelity
 Source: Coindesk

I told you guys they are going to stall until they cannot stall anymore. Now is the time to buy up cheap coin. When that barrel bursts, ETFs will come flowing one after another.
Zoom out and stop panicking.

[philipma1957]

Just did a buy today

[Biodom]

I told you guys they are going to stall until they cannot stall anymore. Now is the time to buy up cheap coin. When that barrel bursts, ETFs will come flowing one after another.
Zoom out and stop panicking.

Who's panicking?
It makes perfect sense for them to delay so some "players" can load up to the halving.

Btw, someone (@jbreher?) said that GLD did not sell off after the ETF approval, but went up.
That is almost true as it declined from 44.4 to 41.3 (about 7% ) between Nov 2004 and Feb 2005, then did not go much up (if any) until about 9-10 mo later, if I researched it correctly.
Not sure what to expect from bitcoin ETF. Imho, if not much appreciation before the decision, then there will be no appreciable selloff.
In any case, I expect prices at least 3-4 times higher (and maybe much more) from the moment ETF is approved to 3-3.5 years later (in comparison, it took GLD 7 years to 4X).

[ChartBuddy]

Explanation
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[AlcoHoDL]

[...]

I told you guys they are going to stall until they cannot stall anymore. Now is the time to buy up cheap coin. When that barrel bursts, ETFs will come flowing one after another.
Zoom out and stop panicking.

Not panicking. Who in their right mind would sell any amount of coin below $100,000 anyway? So, $20k, $30k, $60k are irrelevant (to me at least). In fact, this is one of the few remaining opportunities for no/low-coiners (and even bigger players) to stock up.

Let the badger do its thing, be patient, less than 2 years remaining for 6-digit territory (Crystal Ball^TM guaranteed).

All good.

[ChartBuddy]

Explanation
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[philipma1957]

Fucking buddy take another break.

the lead is under 1000 posts.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[STT]

Never 100% on what that chart is saying, the sells are more stacked then buys currently I guess.   
  The SEC delay would not be news especially, it was expected for them to take the full amount of time afforded to themselves before moving forward on any decision.  They may appeal the recent judgement etc.   if nothing else they will stall the process for the full length of time is normal occurrence the commentator I listened to said.

The peak pricing at 28k matches monthly average and more importantly its moved back below 200 day average which will dishearten many.   Averages arent resistance anyway, it needs to be trading above regularly for us to be properly confident of good momentum in favor of gains.   

Mainstream trader drawing conclusions on average price including volume, if buddy can spam charts I got way more ammo to post up :p 

Good trader to follow imo

Its fair we can pull back to 24k despite it holding the line of recent lows now, it will scare a few out yet remain above the Feb peaks; that continues the meta of 2023 of touching all points being both negative and positive fairly regularly.

[johnsaributua]

septemBEAR is it sir? lol, currently still saving the sweet words of a bitcoin motivator for DCA.