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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

I would rather choose a place with low temperatures and frequent rain than live in an oven most of the year. What good is the sun if you can't go outside most of the day?

It's easier to make a heater out of sticks and stones than to make an air conditioner.

also, when it's cold you can wear more and more clothes, but you can only take off so much when it's hot

[Biodom]

Boring price action?
Here's some sweet hopium, bros!

https://u.today/planb-issues-epic-year-end-bitcoin-btc-price-prediction

“My best guess Bitcoin scenario 2024-2028: 2024 (EOY): $0.15million, 2025: $0.8million, 2026: $0.4million, 2027: $0.3million, 2028: $0.4million,” noted PlanB.

Sweet!

Not sure why after 50% drop from the top, only a 30% decrease in year two of decline. I would guess that we might decline ~75% from the top in this one, unless the cycle changes dramatically.
Additionally, ~500K being a "round" number in many ways (for example, about 10 tril in market cap) may provide additional resistance.
But, these are just my comments..
I am sure many people on WO would be happy with any number between 200K-1mil (from some other commentators) for the cycle top.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[GIF-JOBS]

Bitcoin price hits 70K again. Bitcoin fundamentals have been showing a lot of volatility for a while now. It is increasing a little and then decreasing. It just hit 70K again. Let's see how far it goes.

[d_eddie]

Bitcoin fundamentals have been showing a lot of volatility for a while now.

You must be new here(TM).

[bitcoinPsycho]

Breakout imminent

[Paashaas]

Another day with rain, wind and clouds with 0% change of any sunshine.
Temperature dropped below 10°C. Thats why people wearing wintercoats..in June..jezus fcking christ..
Autumn, Winter, Spring 3 seasons of shit weather.
Considering about moving to another country in the Mediterranean area.
Spain seems to be immume for rain.

I would rather choose a place with low temperatures and frequent rain than live in an oven most of the year. What good is the sun if you can't go outside most of the day?

Here's something to cheer you up - while you're looking for the location

That location looks just right.

I'm a huge fan of sub-tropical climate with a cooling ocean breeze surrounded with forest rich of exotic lavish flora and fauna, dramatic coastlines and lagoons. Reminds me of Madeira or called "flower island" located between the Azores and the Canary Islands (Portuguese) which is also on my list.

[d_eddie]

Breakout imminent

Short squeeze in 3.5k... 3k...

[MrNata]

Bitcoin price looks like it's been rehearsing dance for a long time. Hopefully they are going to perform on stage very soon.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

Bitcoin price looks like it's been rehearsing dance for a long time. Hopefully they are going to perform on stage very soon.

 Well you can only do 69 for so long before you really want to start pumpin'

[goldkingcoiner]

I would rather choose a place with low temperatures and frequent rain than live in an oven most of the year. What good is the sun if you can't go outside most of the day?

It's easier to make a heater out of sticks and stones than to make an air conditioner.

Both are easy for someone with a strong grasp of fundamental physics.

Breakout imminent

[eXPHorizon]

https://youtube.com/shorts/8R2Yt7lBKYs

Here am I. Send me

[danadc]

Some are thinking that Bitcoin may pull back, but what do you think about what some people think? That this is a re-accumulation zone?

“Bitcoin has since developed a Re-Accumulation Range at these highs which resembles a Bull Flag trend continuation pattern.”

This approach is very good, but I thought that this type of behavior was a laterality, but if it is classified as a re-accumulation it is more focused on going up.

“Note that there is a pattern of accumulation and distribution, directly impacting pricing,” Oliveira continued.

    “After an intense period of distribution in March, institutional investors began the process of reaccumulation in the last two weeks.”

Oliveira added that whale behavior has already begun to make its presence felt on the market, yet “should intensify in the coming weeks.”

Original Source: https://cointelegraph.com/news/2nd-highest-weekly-close-ever-5-things-bitcoin-this-week?_gl=1%2a62xw6d%2a_ga%2aMTcwMDg3NDYzMy4xNzE2MDg5NTIw%2a_ga_53R24TEEB1%2aMTcxODA1MjM3Ni41LjEuMTcxODA1MjYzMy4wLjAuMA..

My perspective has always been bullish, I don't know about you but to me this all looks good.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinBunny]

I take it BTC is only allowed to go up after Jerome Powell takes a dump, right?