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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

I have the feeling, already for some days now, that a $93k retest is on the menu.

We already been there, and done that.

In other words, prices touched upon $93,833 about 3 hours ago (at the time of this post).

Thanks, i totally missed that, because i only had a glance at ChartBuddy's numbers while scrolling down reading.
I still think there's a good chance to go really close to or momentarily below $93.000, a little moar deep than on Feb 18th.
If not, why not?!   Either way would just go by emotionless for me.
Not the most bad thing $93k flat won't be touched at all and we already are looking back at the mentionen re-testing in the future.

So, in front of another screen (namely the one i'm looking at, right now) i accidentally (because touchpad) clicked on a page number above the currently last page, and ChartBuddy's was popping at me with $91.xxx in red. I was really startled for a sec  

EDIT: I forgot to mention that there is much liquidity at $92.xxx figures, so breaking $93k would be unsurprising to me. Breaking $91 would be rude, but the odds are bad (SOMA).

[LFC_Bitcoin]

Interested to see the price we close February at. It’s been very underwhelming so far, price gradually getting lower and lower in a range from 100k to 93k.

I’m assuming February will be a red monthly candle, which I did not expect. In a bull run (peak bull year) February is historically very good.

If March is similarly shit, I am going to get concerned about this supposed bull year. A very important 4-5 weeks ahead for the bull run.

[AlcoHoDL]

Interested to see the price we close February at. It’s been very underwhelming so far, price gradually getting lower and lower in a range from 100k to 93k.

I’m assuming February will be a red monthly candle, which I did not expect. In a bull run (peak bull year) February is historically very good.

If March is similarly shit, I am going to get concerned about this supposed bull year. A very important 4-5 weeks ahead for the bull run.

Still 4 days left till the end of Feb. This is Bitcoin. Anything can happen.

Still, $90+k is a good result for me. And I strongly expect the price to be supra-$200k by the end of the year. I'm excited.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

I have the feeling, already for some days now, that a $93k retest is on the menu.

We already been there, and done that.

In other words, prices touched upon $93,833 about 3 hours ago (at the time of this post).

Thanks, i totally missed that, because i only had a glance at ChartBuddy's numbers while scrolling down reading.
I still think there's a good chance to go really close to or momentarily below $93.000, a little moar deep than on Feb 18th.
If not, why not?!   Either way would just go by emotionless for me.
Not the most bad thing $93k flat won't be touched at all and we already are looking back at the mentionen re-testing in the future.

So, in front of another screen (namely the one i'm looking at, right now) i accidentally (because touchpad) clicked on a page number above the currently last page, and ChartBuddy's was popping at me with $91.xxx in red. I was really startled for a sec  
EDIT: I forgot to mention that there is much liquidity at $92.xxx figures, so breaking $93k would be unsurprising to me. Breaking $91 would be rude, but the odds are bad (SOMA).

I hardly ever have confidence in figuring out how far any short-term price corrections will go, or whether they will have one, two or three legs downward before returning back up.  Our price corrections from current times seem quite a bit less severe than previous times, (referring to prior to late 2023.. or maybe even this whole bull run from November 2022 until present, we have not really been having too many severe price corrections, as had  been seeming to take place more frequently in previous times (prior to 2023)..

The seeming change in the severity of BTC price corrections is still not going to get me to presume that severe price corrections (such as greater than 30%) won't happen, and since we have been mostly been staying above $90k since mid-November, I am not even going to presume that sub $90k is not probable to be breached - even though sometimes there are likely forces wanting to flesh out as many weak hands as they are able to flesh out, yet I would have had presumed the weak hands to have had already been fleshed out and we would be ready to break into the $120k to $180k range, which also does not even mean that we might not correct back down to $100k and/or below $100k.

At the same time, there shouldn't be any reasons for any of the relatively longer term bitcoiners (what is a longer term bitcoiner these days?  greater than 1.5 cycles?.. that would be prior to 2019) to be concerned about any of these matters, even though surely there are some of us who are getting anxious to cash out some coins, but not wanting to cash out any significant amounts of coin around $100k or even below $100k.. like some newbie fixated on round numbers.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

Interested to see the price we close February at. It’s been very underwhelming so far, price gradually getting lower and lower in a range from 100k to 93k.

I’m assuming February will be a red monthly candle, which I did not expect. In a bull run (peak bull year) February is historically very good.

If March is similarly shit, I am going to get concerned about this supposed bull year. A very important 4-5 weeks ahead for the bull run.

Still 4 days left till the end of Feb. This is Bitcoin. Anything can happen.

Still, $90+k is a good result for me. And I strongly expect the price to be supra-$200k by the end of the year. I'm excited.

I figured we would see a rise on the FTX distributions but it seems like the recent Bybit hack is causing more panic than we’re seeing reinvestment. Feels like blockchains are all so intermingled these days that even Bitcoin can’t avoid falling victim a bit to the shenanigans of other coins.

[philipma1957]

Interested to see the price we close February at. It’s been very underwhelming so far, price gradually getting lower and lower in a range from 100k to 93k.

I’m assuming February will be a red monthly candle, which I did not expect. In a bull run (peak bull year) February is historically very good.

If March is similarly shit, I am going to get concerned about this supposed bull year. A very important 4-5 weeks ahead for the bull run.

Still 4 days left till the end of Feb. This is Bitcoin. Anything can happen.

Still, $90+k is a good result for me. And I strongly expect the price to be supra-$200k by the end of the year. I'm excited.

I figured we would see a rise on the FTX distributions but it seems like the recent Bybit hack is causing more panic than we’re seeing reinvestment. Feels like blockchains are all so intermingled these days that even Bitcoin can’t avoid falling victim a bit to the shenanigans of other coins.

since eth ran a blockchain backwards tp recover the 2016 hack.

are not they obligated to do it again?

are we going to see class action against eth and mr v?

If we do will it act like a boost or a help to btc?

[OgNasty]

Interested to see the price we close February at. It’s been very underwhelming so far, price gradually getting lower and lower in a range from 100k to 93k.

I’m assuming February will be a red monthly candle, which I did not expect. In a bull run (peak bull year) February is historically very good.

If March is similarly shit, I am going to get concerned about this supposed bull year. A very important 4-5 weeks ahead for the bull run.

Still 4 days left till the end of Feb. This is Bitcoin. Anything can happen.

Still, $90+k is a good result for me. And I strongly expect the price to be supra-$200k by the end of the year. I'm excited.

I figured we would see a rise on the FTX distributions but it seems like the recent Bybit hack is causing more panic than we’re seeing reinvestment. Feels like blockchains are all so intermingled these days that even Bitcoin can’t avoid falling victim a bit to the shenanigans of other coins.

since eth ran a blockchain backwards tp recover the 2016 hack.

are not they obligated to do it again?

are we going to see class action against eth and mr v?

If we do will it act like a boost or a help to btc?

I think people have the expectation that “mr v” will rollback the blockchain. As you said, he has done it before. I have a little ETH that I got many years ago and wouldn’t be opposed to them forking again. I’d probably immediately sell the unsupported chain’s coins and buy Bitcoin with them. I’m probably not alone, so I think that might be a positive for Bitcoin.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

This is the type of day where I throw my head back laughing...

I love it.

Market waking up a little.  Could still go back to sleep?  yes.  But it's figuring it out.

[JayJuanGee]

Interested to see the price we close February at. It’s been very underwhelming so far, price gradually getting lower and lower in a range from 100k to 93k.

I’m assuming February will be a red monthly candle, which I did not expect. In a bull run (peak bull year) February is historically very good.
If March is similarly shit, I am going to get concerned about this supposed bull year. A very important 4-5 weeks ahead for the bull run.

Still 4 days left till the end of Feb. This is Bitcoin. Anything can happen.

Still, $90+k is a good result for me. And I strongly expect the price to be supra-$200k by the end of the year. I'm excited.

I figured we would see a rise on the FTX distributions but it seems like the recent Bybit hack is causing more panic than we’re seeing reinvestment. Feels like blockchains are all so intermingled these days that even Bitcoin can’t avoid falling victim a bit to the shenanigans of other coins.

Whenever there is froth in the space and even purging of froth (whether from shitcoins or other kinds of seeming froth), bitcoin short-term prices have tended to be affected, yet a lot of those ups and downs in short-term price moves tend to play out as noise, even though surely some guys get excited by some of the short-term moves and have difficulties creating and employing strategies that involve keeping their eyes on the prize..

[edited out]

since eth ran a blockchain backwards tp recover the 2016 hack.

are not they obligated to do it again?
are we going to see class action against eth and mr v?

If we do will it act like a boost or a help to btc?

Last time I checked ethereum was a shitcoin, so ethereum being a shitcoin begs the "relevancy" question?

In udder wurds.. how relevant or even interesting in these here parts?

This is the type of day where I throw my head back laughing...
I love it.

Market waking up a little.  Could still go back to sleep?  yes.  But it's figuring it out.

I am glad that you are enjoying yourself so much.

 

I guess the bottom range of my own "don't wake me up zone" would be somewhere in the $85k price arena, since I had previously mentioned $85k-ish, as a kind of interesting arena - since it is around 15%  below $100k, and why did I pick that price arena as being an "area of interest"?  probably kind of random.

[cAPSLOCK]

Last time I checked ethereum was a shitcoin, so ethereum being a shitcoin begs the "relevancy" question?

In udder wurds.. how relevant or even interesting in these here parts?

Ethereum is the mother of all shitcoins.

SO it is absolutely irrelevant in the sense it is what it is.

BUT... it is kind of relevant as to what the sheep think.

Sadly... still...

[JayJuanGee]

Last time I checked ethereum was a shitcoin, so ethereum being a shitcoin begs the "relevancy" question?

In udder wurds.. how relevant or even interesting in these here parts?

Ethereum is the mother of all shitcoins.

SO it is absolutely irrelevant in the sense it is what it is.

BUT... it is kind of relevant as to what the sheep think.
Sadly... still...

Mildly relevant.  I will concede.  

 

I will also conceded that I have been excited with the Ethereum/BTC pair ongoingly going down in the pas 2.5 years, especially when they moved to proof of stake, and so many bitcoiners were proclaiming that they were retarded to be giving up  one of the ONLY things that potentially could have had given Ethereum some actual value.  I even got more excited when the  pair broke below 0.04 BTC and then even more recently breaking below 0.03 BTC.  I will be more excited  to see it break below 0.02 BTC like it was in 2019 or so and then below 0.01 like  it was prior to 2017... but  yeah, I am not  even sure if these kinds of continued  breaking downwardly are going to continue to happen, since so many of the eth-heads do not even seem to be concerned about their 70%-ish premine... like it does not even matter how many actual Eth coins are in existence?

So, yeah, general sentiment.. ethereum is a mother asshole of shitcoins.. yet it can be quite difficult to figure out how much that shitcoins or the various other shitcoins are going to be sending proper messages about the waste of time, energies and money that the shitcoin pumpers (and shitcoin devotees) continue to put into that nonsense..

[El duderino_]

The chopper is clearly on ground

[vapourminer]

since eth ran a blockchain backwards tp recover the 2016 hack.

are not they obligated to do it again?

are we going to see class action against eth and mr v?

If we do will it act like a boost or a help to btc?

eth was new enough back then to get away with it and even then it was crazy, even for a doomster fire it was crazy the hoops you had to go through..

so today? cover it and move on. its only eth after all. theyll get more.


full disclosure: from my GPU mining days: i still have some eth and etc from that original DAO fiasco somewhere.

[LFC_Bitcoin]

The chopper is clearly on ground

[vapourminer]

The chopper is clearly on ground

just a quick buffing and some new paint here and there we will be wheels up* before you know it


* wheels not included

[Ivystar5]

Me looking at you all acting like nothing is happening.

When are in the last days of February yet market still crashing.

Am just a newbie what do I know.