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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26364512 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
OROBTC
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February 28, 2024, 07:10:53 PM
Merited by JayJuanGee (1)

...

Just checked Gemini exchange.  Still working (that is, got to my account OK, balance is correct), but I did not try to sell anything.  80k is my first sell point.
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shahzadafzal
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February 28, 2024, 07:13:58 PM
Merited by JimboToronto (1)

Satoshi took the theoretical concept of perfect money and programmed it into existence.

Deflationary money - designed to increase in value - forever.

It's difficult for the human mind to comprehend. Most still don't get it.



https://x.com/thomas_fahrer/status/1762697392959447127?s=46
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February 28, 2024, 07:14:13 PM
Merited by philipma1957 (1)

...

Just checked Gemini exchange.  Still working (that is, got to my account OK, balance is correct), but I did not try to sell anything.  80k is my first sell point.

So you're selling next week then, approximately.
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February 28, 2024, 07:50:33 PM
Merited by vapourminer (1)

...

Just checked Gemini exchange.  Still working (that is, got to my account OK, balance is correct), but I did not try to sell anything.  80k is my first sell point.

So you're selling next week then, approximately.


If /when we get to 80k, sure, I'll sell a tiny slice.  Just like I sold slices in 2021 and 2017.  It doesn't hurt to take some profits.  At 90k, another slice.  DCA in reverse if you will.

I'm one of those guys who's never sure about what will happen in the future...  I'll take some of the money and run (like before).

But, I'll never sell all of my BTC.  Never.

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February 28, 2024, 08:01:16 PM


Explanation
Chartbuddy thanks talkimg.com
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February 28, 2024, 08:14:36 PM

...

Just checked Gemini exchange.  Still working (that is, got to my account OK, balance is correct), but I did not try to sell anything.  80k is my first sell point.

So you're selling next week then, approximately.


If /when we get to 80k, sure, I'll sell a tiny slice.  Just like I sold slices in 2021 and 2017.  It doesn't hurt to take some profits.  At 90k, another slice.  DCA in reverse if you will.

I'm one of those guys who's never sure about what will happen in the future...  I'll take some of the money and run (like before).

But, I'll never sell all of my BTC.  Never.



Me too. Most of my BTC holdings are destined to become some kind of inheritance for my kids (and the wife, if she keeps treating me well, lol).
For the latter, she has her own holdings, but i manage them. She's not tech-affine at all. I am still trying to get her in the mood to introduce her to Bitcoin and related common (and best) practices.
Good that the market cooled off now, i need to get some sleep, at least 6 hours Grin


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February 28, 2024, 08:22:08 PM
Merited by vapourminer (1), JayJuanGee (1), DirtyKeyboard (1)

5k candle on the daily so far today. What was the largest ever?



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February 28, 2024, 08:28:12 PM
Merited by JimboToronto (1)

Good morning afternoon Bitcoinland.

Haven't posted in a few days due to getting food poisoning on Friday. Just started eating solid food (bananas, applesauce, oatmeal, etc) again yesterday. Bed-ridden but occasionally checking the price during this impressive rally and meriting a few posts. Too weak to bother creating any real posts though.


That sucks, get well soon to fully enjoy the ride!

(and may the solid food stay with you!)
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February 28, 2024, 08:31:30 PM

Looks like we're seeing some profit taking as Bitcoin's recent rally melted the faces off folks.  I'm guessing this is going to be a massive bear trap.  Judging from the volumes it does appear like someone is selling heavily into buy walls.  This to me is a sign that traders are selling their positions and maybe even shorting into buy walls to try and knock the price down.  This is a dangerous game when Bitcoin is in rally mode.  I suspect it won't last long and the market will punish anyone dumb enough to take on short positions trying to cause a cascading fall in price.  We've entered the battleground...
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February 28, 2024, 08:33:07 PM
Merited by ivomm (1)

This applies for being a hodler as well  Grin



 That's hilarious.  Just two days ago while I was unzipping some weblogs I felt a slight pang of guilt about never, in all these years, paying for WinRAR.   It's such an awesome program too.

edit: 0.0004812 BTC?!  Forget that!
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February 28, 2024, 08:50:13 PM

the noon wall report


another massive day of ETF inflow, bitcoin at its all time highs in over 30 countries

remember your training....remain calm and focused

the train is now leaving the station....hop aboard and enjoyer the ride


dyor


4h


D

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February 28, 2024, 08:52:25 PM

At that price some big money cashes out so it's more BTC in circulation, bearish for the price
Retail ETF investors are buying
Big institutional investors are not buying much
Retail trading is still mostly short

==>82k then down to 45k to clean?
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February 28, 2024, 08:57:04 PM

Stops triggered some profit taking from 63-61k. I hope to spend some time again below 60k before we’re off to never ever land but we shall see. Reloading
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February 28, 2024, 09:03:32 PM


Explanation
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February 28, 2024, 09:09:31 PM
Merited by Paashaas (1)

Next week watching Dune II

Very looking forward
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February 28, 2024, 09:27:13 PM

Next week watching Dune II

Very looking forward

ever played this one?



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February 28, 2024, 09:29:01 PM

Next week watching Dune II

Very looking forward

 No doubt you'll be watching it in some exotic location TBD.
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February 28, 2024, 09:31:21 PM

The Bitcoin price just dropped $4,000 and we’re still up $4,000 on the day. That’s crazy. If I weren’t an experienced Bitcoiner I might confuse this massive rally with a blow off top and sell here. Thankfully, I’ve got my eyes set on $100,000 and no $4,000 gain in 24 hours is going to shake me out. Smiley
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what is this "brake pedal" you speak of?


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February 28, 2024, 09:32:37 PM
Merited by OROBTC (1), ivomm (1)

...

Just checked Gemini exchange.  Still working (that is, got to my account OK, balance is correct), but I did not try to sell anything.  80k is my first sell point.

coinbase always crashes during a rip. even the bank person i chatted with about bitcoin a bunch of years ago knew that happens.. i figured her for a coiner for sure when i heard that lol.

gemini is usually ok.
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February 28, 2024, 10:01:21 PM
Merited by DirtyKeyboard (1)


Explanation
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