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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Any more bright ideas, Mr Jerome Powell?

 

To be fair this probably has a little more to do with the Japanese central bank.

US stock market was already crashing on Friday. He would definitely have had early access to the job data that caused that.

They're just behind the curve all the time.

People have been saying "we are never going to see zero percent interest rates again"

I'm pretty sure that's where we will be headed towards eventually.

This Japanese thing started last week though. Powell of course has completely fucked up as well, but it's a team effort.

100% agree with you on the zero percent interest rates. In hindsight I think that will sound as stupid as the "higher for longer" crowd.

powell crashed the market on purpose. if you look back and read what i have said i mentioned more then once he was going to crash the market.

[somac.]

Was just thinking that Saylor might actually buy a bottom instead of a top for a change. If he goes through with the 2 billion purchase that is.

[degxtra1]

Well, we haven't had a proper Black Monday for a while. I guess we were due.

This feels like a proper correction. Wew lads!

Im waiting for correct time to place 100x leverage up, Dont call me crazy. Just 10K.

44K is my guess but ready for flash kind of 38K. what are your opinions? Serious  input please.

[philipma1957]

Well, we haven't had a proper Black Monday for a while. I guess we were due.

This feels like a proper correction. Wew lads!

silver down 4.9%
gold down 2.3%
btc down 15.1%
various other digital coins down eth for one is down 21%
japanese market down 12%
us markets down. nasdaq minus 4.9% dow minus 2.7%

the fed got its crash.

lets see how this plays out.

@ jjg maybe i cash my ibonds and get some coin.

so this is pretty much what the fed worked to do.


hint the fed never does a soft landing 🛬 they raise rates then go flat til markets crash.

this is a good time to have some cash for coins.

[Lucius]

powell crashed the market on purpose. if you look back and read what i have said i mentioned more then once he was going to crash the market.

Isn't it Gary's fault for everything, at least when it comes to Bitcoin? No, it's Powell's fault in the end though


(click to play)

NSFW

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

S&P500 lost $2 trillion+ after opening.

Charles Schwab, TD Ameritrade, Vanguard, E-Trade,
Fidelity, City trading platforms down.

Bitcoin holding miraculeusly.

[xhomerx10]

This is exactly what happened to Bitcoin overnight.  Thankfully, we get three attempts.


 

[philipma1957]

powell crashed the market on purpose. if you look back and read what i have said i mentioned more then once he was going to crash the market.

Isn't it Gary's fault for everything, at least when it comes to Bitcoin? No, it's Powell's fault in the end though


(click to play)

NSFW

The raise rates then go flat no cutting rate pattern crashed us in 2008 and in 2024  it is intentional on the feds part.

I have analyzed it and they simply do this for other sectors. (long term care insurance sector) usa long term care insurance companies are required to hold the payments in bonds.

when rates drop they deter towards bankruptcy when bonds go up they make out.


That is a 6 trillion dollar pile of cash in us bonds.  It plays a role in what happens.


there is more than that .


the good thing is my stack is bigger.

[vapourminer]

somebody been pressing random buttons again?

[Volgastallion]

Why the price is just bouncing back? If nothing has changed..... Very strange.... Super short bulltrap?

[El duderino_]

Why the price is just bouncing back? If nothing has changed..... Very strange.... Super short bulltrap?

Bouncing back like nothing happened ….?? LoL

[LoyceV]

Why the price is just bouncing back? If nothing has changed..... Very strange.... Super short bulltrap?

That's exactly the reason why I'd never panic-sell on a drop.

[d_eddie]

Lazy ass coiners!
Easy to buy and hodl.
Just a stroke of luck...





#haiku

[bitcoinPsycho]

Well, we haven't had a proper Black Monday for a while. I guess we were due.

This feels like a proper correction. Wew lads!

I see it as a gift, long live Bitcoin's death 

[Paashaas]

I'm still able to retire even after this bloodbath.

Financial freedom.

[bipshuffle]

It's always Gary's fault.

https://youtube.com/shorts/JtJQV7Poj_I?si=3Fm_TH1XqVxakryU

[d_eddie]

Why the price is just bouncing back? If nothing has changed..... Very strange.... Super short bulltrap?

Bouncing back like nothing happened ….?? LoL

Shorts cashing out before it's too late?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com