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

[OgNasty]

Looks like the sell-the-news-boys are dumping into the buying volume of the buy-the-news-boys.
Fun to watch.

The market needed a surprise on interest rates. 50bps was needed to keep the market afloat. Volatility incoming…

I’m not sure how we get to new highs from here, but if Bitcoin doesn’t find a way in the next 2 months then MSTR doesn’t get into the S&P500 and this cycle top is in. It’s finger crossing time.

since you are quite a prediction guy, what do you think is the top this time, and also the bottom when the great crash comes...
honestly interested!
I mean you have some soma numbers in your head right?

I cannot predict how irrational the market will become. I can only tell you that Treasury companies are whales selling their coins at a premium to suckers while saying Bitcoin is going to a million…

[OutOfMemory]

Looks like the sell-the-news-boys are dumping into the buying volume of the buy-the-news-boys.
Fun to watch.

The market needed a surprise on interest rates. 50bps was needed to keep the market afloat. Volatility incoming…

I’m not sure how we get to new highs from here, but if Bitcoin doesn’t find a way in the next 2 months then MSTR doesn’t get into the S&P500 and this cycle top is in. It’s finger crossing time.

That sounds a little too bearish to me right now.
I expect more like a down-before-up situation, because many loaded their (dump-) guns around $111k. When their power is absorbed by the buyers, the upity could resume in a stronger way.
When we dip, then into areas slightly above this range, imo, which would be still for ants.
Just scale down (/10), then the $5k dump would be like a $500 dump in $11k territories.
We have seen better dumps than such 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ESG]

Why does a crab walk sideways?
-
"Crabs walk sideways due to their unique anatomy, which features a flattened body and legs positioned on the sides, making lateral movement more efficient. This sideways gait also helps them navigate through their natural habitats, like crevices and rocky terrain.
 animal-club.co.uk''''

"Never thought about walking next to a crab in that way but you have really presented a wonderful scene or event! In fact, crabs have been created this way since the beginning of time.
Nature has designed crabs in such a way that it is easiest and safest for them to walk like this with their flat bodies and legs on their sides. They can use the legs they have to walk on to protect themselves from danger.

it's surprising to think how effective this unique walking posture of crabs is in surviving in harmony with the cracks and waves of the rocky seashore.
Truly, every detail created by nature is perfectly crafted, which is simply fascinating to see.""

"Huge hawks and wild bald eagles are among some of the birds that make a meal of crabs. They pick up crabs and take them upwards, throwing them on a hard surface like a stone in order to break the crab's shell and get to the meat. Crabs have a soft shell, making them easy prey for many of their enemies.
When they're under the sea,
Sharks are natural enemies of the crab, relying on it as their only source of food.
Source: Biology Book

[OutOfMemory]

do you see the door?
use it to protect yourself 
from old, rusty pipes

#meet_me_at_the_RPT

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[asUHWEceyc]

Don’t listen to me though. Watch this instead.

https://youtu.be/eCXaCSVhivI?si=M62NPB5I8NIX6tIt

We are in bubble territory already and “the Titanic has hit the iceberg.”

Brought to you by FTX and BlockFi, subscribe to my newsletter, buy my treasury company stock, etc, etc

I believe the relevant quote here is, don’t shoot the messenger.

Take a look at these two charts and tell me we aren’t about to see a repeat of 2008. Inflation has held the housing market up so far, and it seems obvious the fix for this is more inflation. That might save the housing market from massive losses, but it is going to destroy the consumer. Everything is going to be on sale in a year, including Bitcoin.

Dey gonna print grandpa's barn condo a third heloc to keep em in golf cart tires and golden corral rather than let prices fall in ongoingly real terms.

After dip printing (if), a considerable sum leaks into the ultimately scarce revolutionary cybercoin

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

Why does a crab walk sideways?
-
"Crabs walk sideways due to their unique anatomy, which features a flattened body and legs positioned on the sides, making lateral movement more efficient. This sideways gait also helps them navigate through their natural habitats, like crevices and rocky terrain.
 animal-club.co.uk''''

Interestingly...crab body form was "invented" by evolution many times over in a process called carcinization (in American spelling).
https://en.wikipedia.org/wiki/Carcinisation

One has to wonder that when we would see a first life form on a distant planet..it would likely be a crab (or something similar).

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[fillippone]

 That's beautiful!  Thank you.

Slight, obvious modification:

[JayJuanGee]

  "The grand essentials to happiness in this life are something to do, something to love, and something to hope for."
  ~George Washington Burnap, [The sphere and duties of woman : a course of lectures]
  I translated this into geometric form - "The Triangle of Happiness"
  This one approximates philipma1957's triangle.

The idea of a right-angled “triangle of happiness” is great. It seems to imply that our lives also move forward with three corners: work, love, and hope. These are three important like directions, wherever we turn our eyes, their imprint is there.

If we look at history then we can see that whether it is a great creation or a difficult struggle these three corners of the triangle have worked in the background of our life. Love does not run straight like a curved line of geometry, sometimes high, sometimes low; yet within it lies the continuous beauty of illusion.

Life is also full of ups/downs. We learn to maintain balance as we walk the curved path of rules and regulations. When viewed from a distance, the “triangle of happiness” seems like an engraving on the wall of an ancient temple that has survived time, and is silently teaching: many things are beautifully maintained in the triangular shape.

Finally, this is not just a philosophy point, it is a map of the human heart.  Each line tells a story of emotion and the three angles together show what you do in life, who you love, and what you hope for. The path becomes clear.

That's beautiful!  Thank you.
 Perhaps my idea was too subtle but for my version, I purposely used the right angle triangle and intentionally placed "something.to.do" on the hypotenuse (the longest side) because philipma1957 really seems to like keeping himself busy.

At first, I did not understand the right angle triangle very well, yet the more that it was discussed and I looked at it, I began to consider that the someone to love portion as being a constant that goes to the right with the passage of time, yet something to do and something to hope for are declining with the passage of time, even if they still exist they become less with the passage of time.

[edited out]

If you mean how to handle this cycle?... Don't try to time to top, set a plan and stick with it!... If you are selling and planning to buy back lower, DON'T!

Besides, everyone's circumstances are different, however, the last and most important advice i can give is, think and plan 2/5/10/20 years ahead!...

Ok.  So you are not trading. (Edit>> o.k. I see you clarified the matter in a subsequent post.)

You might trying to be somewhat methodical about your planned sales on the way up, if we go there... so perhaps a price element to your sales and also a time element to your sales, in the sense that you seem to be wanting to still have some coins at various points in time in the future.

I might have had been overly presumptive in regards to your seeming excitement to potentially be trimming off some cornz in the 4th quarter-ish of this year.

My target was BTC will touch the 100-102k area, but it seems like they go down 107k and bounced back , now sideaways are going on. It's feeling rn that it's the quite environment before the real storms coming. We can see a new big ATH for btc. It's beeen 18 days since BTC recover from 107k level and doing it's sideaways from 112k - 116k . Let's see what's the storm is waiting for . I bull or bear

Hopefully you are prepared enough for UPpity... since sometimes the dips do not happen, and we have to make sure that we are adequately in, and not trying to be too smart for our own good.

[ESG]

Why does a crab walk sideways?
-
"Crabs walk sideways due to their unique anatomy, which features a flattened body and legs positioned on the sides, making lateral movement more efficient. This sideways gait also helps them navigate through their natural habitats, like crevices and rocky terrain.
 animal-club.co.uk''''

Interestingly...crab body form was "invented" by evolution many times over in a process called carcinization (in American spelling).
https://en.wikipedia.org/wiki/Carcinisation

One has to wonder that when we would see a first life form on a distant planet..it would likely be a crab (or something similar).

Nice!!!
Evolution is the Key on universe!

The adoption of a crab-like body structure can convey a number of selective advantages for crustacean species. Carcinisation is associated with a lowered center of gravity, allowing these creatures to invest in sideways walking. This evasive adaptation is particularly useful in an ocean environment with forward-moving predators.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

bounce back to 116.7k

not bad.

[Johnlomape]

bounce back to 116.7k

not bad.

Gradually the price of Bitcoin will continue hitting the top before the long anticipated long green candles take us to another all time high.

I smell a big green bull knocking at the door! Yes come in!

[BTCETFInvestor]

bounce back to 116.7k

not bad.

I think by year-end we'll see BTC at 140k or higher.

I also expect we'll see an additional -50 and -25 bps Fed rate cut to go with the -25 bps rate cut today, so I think our U.S. markets will rally too into year-end.  

Lastly, I also expect Strategy to be added to the S&P 500 by year-end.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hridyansh Labs]

do you see the door?
use it to protect yourself 
from old, rusty pipes

#meet_me_at_the_RPT

Well...

the old door is like
silent protector/keeper,

Actually we know that

silent promise to keep you safe
even among the rusty pipes.