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

[cafter]

snip

Halving's bright surprise,
Bitcoin's value starts to rise,
Digital gold skies.
I don't know to write.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

don't know what to make of it.. but in case someone is interested:



US officials say they're worried a Chinese-owned bitcoin mine in Wyoming will pose a national security threat, NYT reports
https://www.businessinsider.com/pentagon-chinese-owned-bitcoin-operation-cheyenne-wyoming-microsoft-2023-10

[shahzadafzal]

Buddy doesn't care
He's a bot with one mission:
To beat Phil's post count

Soon he'll be AI powered,
And Phil will be devoured!
Better watch out, Phil, you're toast!

[philipma1957]

don't know what to make of it.. but in case someone is interested:



US officials say they're worried a Chinese-owned bitcoin mine in Wyoming will pose a national security threat, NYT reports
https://www.businessinsider.com/pentagon-chinese-owned-bitcoin-operation-cheyenne-wyoming-microsoft-2023-10

Well this could be good news for other miners. The article says 12 mines scatter in the USA are owned by Chinese nationals.

I do not know their size but if they are large and they are shut down we could get a 10-20% drop in hash rate.

Which would benefit other miners.

Here is a Sunday  haiku for you:

Cryptocurrency
new way of breaking Jay's balls
Cryptocurrency

Oh Jay not sorry.
I liquidated shit coins
On Sunday this morn

[Who is John Galt?]

There is a promise
Of ETF in the air,
Tension before jump.

Because of tension,
Some are trying a new word,
Cryptocurrency.

But we all still know,
Bitcoin will fly to the moon
For sure very soon.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Experts Writer]

Face melting pump on $BTC loading quick.

[AlcoHoDL]

Price pumps, then price dumps...
Cramer bearish, Hayes bullish...
Business as usual.

ETF approved...
ETF still not approved...
Well, fuck you, Gensler!

Who is that fat clown,
In ChartBuddy's hourly posts?
Is that Karpelès?

PlanB's new chart toy,
Looks cute on my monitor.
Will this one come true?

Chicken Ejector.
India's secret weapon.
Biopropulsion!

How can one resist,
Jacking off to Taylor Swift?
Bunny's got good taste.

Careful there, Philip!
I've seen WOers do wonders,
With grainier clips.

#7wodigestsundayhaikus

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[danadc]

Some say that the movement and the market are boring, it has remained at $27k, but I prefer that it continue like this and not go down much and if it goes down it will have a great boost, I see btc that can reach $30k at any time moment.

This came from Timothy Peterson, founder and investment manager at Cane Island Alternative Advisors, who saw the BTC price level gaining importance going forward.

Thanks to the relationship between price and adoption, $27,000 should constitute a form of benchmark which sustains as support around 75% of the time by the end of 2023.

“Bitcoin price spends 75% of its time above its adoption curve. That curve will reach $27,000 in 60 days,” he wrote on X alongside a demonstrative chart..

Original Source: https://cointelegraph.com/news/bitcoin-traders-weekly-close-volatility-27k-btc-price

I liked this chart because it looks a bit like the accepted models. S2F is my favorite, even though many disagree and say that the model has expired, for me it is still valid.

[BitcoinGuru101]

But we all still know,
Bitcoin will fly to the moon
For sure very soon.

Bitcoin price is currently moving in a channel,
volatility expected once it breaks the channel on either side.
This move will happen soon.

[sirazimuth]

......
Yeah but I am prepped .....

Did you build a giant bunker and stock up on Top Ramen?

wait correction... (Sunday)

Did you build a big
Bunker and stock up on lots
Of pork Top Ramen?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[sirazimuth]

Price pumps, then price dumps...
Cramer bearish, Hayes bullish...
Business as usual.

ETF approved...
ETF still not approved...
Well, fuck you, Gensler!

Who is that fat clown,
In ChartBuddy's hourly posts?
Is that Karpelès?

PlanB's new chart toy,
Looks cute on my monitor.
Will this one come true?

Chicken Ejector.
India's secret weapon.
Biopropulsion!

How can one resist,
Jacking off to Taylor Swift?
Bunny's got good taste.

Careful there, Philip!
I've seen WOers do wonders,
With grainier clips.

#7wodigestsundayhaikus

Not too shabby.
... Hmmm , I wonder if the bunnyman gonna merit that post? (Taylor probably won't)

[JimboToronto]

I also set up sells at

 60k
 90k
120k
150k
180k

maybe someone will fat finger

You risk having Bitcoin on some exchange instead of safely offline in cold storage?

nyknyc

[philipma1957]

I also set up sells at

 60k
 90k
120k
150k
180k

maybe someone will fat finger

You risk having Bitcoin on some exchange instead of safely offline in cold storage?

nyknyc

Sure.  it is all about ratios. if you have x btc 5-10% of it should be on an exchange set up for  a fat fingered sale.

pretend you are risking 0.1 of 2.0 btc.

set it at 0.030 for 74.5k
and at 0.030 for 104.5 k
and at 0.040 for 144.5k

Then you could be like JJG





Oh I have a honey badger video for you all.
https://www.facebook.com/roaringearth/videos/243425028227744

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinGuru101]

https://i.ibb.co/6WjV8xv/IMG-20231015-WA0005.jpg
photo upload site

The longer the Bitcoin Bear Market,

The bigger the Bitcoin Bull Market!

[WatChe]

don't know what to make of it.. but in case someone is interested:

US officials say they're worried a Chinese-owned bitcoin mine in Wyoming will pose a national security threat, NYT reports
https://www.businessinsider.com/pentagon-chinese-owned-bitcoin-operation-cheyenne-wyoming-microsoft-2023-10

Well this could be good news for other miners. The article says 12 mines scatter in the USA are owned by Chinese nationals.

I do not know their size but if they are large and they are shut down we could get a 10-20% drop in hash rate.

They moved from China to USA due to ban in China. They will relocate to some other country in case USA also ban them.

Kazakhstan is also an ideal destination for miners from China.

https://www.visualcapitalist.com/sp/top-10-bitcoin-mining-countries-their-renewable-electricity-mix/