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

[Churchillvv]

Rapture or rally?

Which first? 🤔😁🫎

Why not both ?
Is that too much to ask  ?? 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Searing]

The cryptocurrency market saw roughly $1.7 billion in total liquidations in the past 24 hours, according to public data aggregated on Coinglass.

Coinglass data showed that of the $1.7 billion in liquidations, about $1.62 billion came from long positions. Within the past four hours alone, roughly $1.09 billion was liquidated, including about $1.06 billion in longs.

In the past 24 hours, over 404,000 traders were liquidated, with the total liquidations reaching $1.7 billion. The largest single liquidation order was a $12.74 million BTC-USDT swap on OKX, according to the data.

Liquidations occur when a trader’s positions in a particular market are forcibly closed due to significant losses or insufficient margin to meet the maintenance requirements. The liquidation figures are typically based on publicly available data, which may significantly understate the true extent of market liquidations. In many cases, API limits and incomplete reporting practices result in only a fraction of actual liquidation activity being captured by data aggregators. This incomplete data can lead to an underestimation of market risk and volatility, ultimately distorting the overall picture.

► https://www.theblock.co/post/371560/crypto-liquidations-surpass-1-billion

Corporations invested on the pump.....they sell for profit..and the employees look great for anything more then a 5% gain....they also get a bonus....this may be done

also to 'protect' their shares on the stock market getting hit by real world events...win/win/win

they will NOT HODL like individuals or whales or/ hobby types like us....

IMHO if we have a recession the stock market say goes down 30% I think (IMHO I know zip remember) that BTC/Crypto will dump 70%...there is nothing left in economic

society...banks/rich/middle class...but too much debt.....everyone is at the max for full time work and if everyone pulls back, with 70% of the economy consumer

spending...well you have the so called 'pullback' or 'correction' or 'recession'

BTC will come back and do much better over say next 10 years then 4-5% bonds IMHO...so it is all fine

but for regular folks rich/poor/whatever they are all over-extended with debt etc...so my view....24/7 panic sell to mirror 24/7 panic buys on pump

don't ya know

Buy and HODL till 99% of all BTC has been mined in 2035 is my advice....as far as regular day to day $$$ traditional finance it is gonna get ugly again IMHO





 

[d_eddie]

September stays green?
October would be ashamed
(Straight Outta My Ass)







#haiku
#SOMA

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Franklyn-wood]

Today is somehow dull hmm!

Is it because of the sudden bear movement or world war lll has started?...maybe not!

Lemme go check my neighbors to confirm the problem 🙂

[cAPSLOCK]

With over 404,000 traders liquidating $1.7 billion in the last 24 hours, and the largest single liquidation order of $12.74 million BTC-USDT swap - I am confused by what suddenly prompted all this liquidation.  

Bitcoin declined to $112,350, down over 2% at one point. 24 hour volume is currently over 59 billion and growing...

Can anyone explain the reason for this huge amount of widespread liquidation?

► https://www.theblock.co/post/371560/crypto-liquidations-surpass-1-billion

Well, the worst thing is insider info.

[Franklyn-wood]

With over 404,000 traders liquidating $1.7 billion in the last 24 hours, and the largest single liquidation order of $12.74 million BTC-USDT swap - I am confused by what suddenly prompted all this liquidation.  

Bitcoin declined to $112,350, down over 2% at one point. 24 hour volume is currently over 59 billion and growing...

Can anyone explain the reason for this huge amount of widespread liquidation?

► https://www.theblock.co/post/371560/crypto-liquidations-surpass-1-billion

Well, the worst thing is insider info.

We often see cases like this when the big money wants to pump the market price.
Because of the big news that will be coming from the white house this week, they decided to crash the market so they can pump it.
This is fuckin ridiculous! Some traders had lost money for no reason... trading is blind oh shit!

[cAPSLOCK]

What would it look like if there WERE paper bitcoin at this point...

Anyone up to date with what Caitlyn whasserface is saying?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BTCETFInvestor]

The cryptocurrency market saw roughly $1.7 billion in total liquidations in the past 24 hours, according to public data aggregated on Coinglass.

Coinglass data showed that of the $1.7 billion in liquidations, about $1.62 billion came from long positions. Within the past four hours alone, roughly $1.09 billion was liquidated, including about $1.06 billion in longs.

In the past 24 hours, over 404,000 traders were liquidated, with the total liquidations reaching $1.7 billion. The largest single liquidation order was a $12.74 million BTC-USDT swap on OKX, according to the data.

Liquidations occur when a trader’s positions in a particular market are forcibly closed due to significant losses or insufficient margin to meet the maintenance requirements. The liquidation figures are typically based on publicly available data, which may significantly understate the true extent of market liquidations. In many cases, API limits and incomplete reporting practices result in only a fraction of actual liquidation activity being captured by data aggregators. This incomplete data can lead to an underestimation of market risk and volatility, ultimately distorting the overall picture.

► https://www.theblock.co/post/371560/crypto-liquidations-surpass-1-billion

Corporations invested on the pump.....they sell for profit..and the employees look great for anything more then a 5% gain....they also get a bonus....this may be done

also to 'protect' their shares on the stock market getting hit by real world events...win/win/win

they will NOT HODL like individuals or whales or/ hobby types like us....

IMHO if we have a recession the stock market say goes down 30% I think (IMHO I know zip remember) that BTC/Crypto will dump 70%...there is nothing left in economic

society...banks/rich/middle class...but too much debt.....everyone is at the max for full time work and if everyone pulls back, with 70% of the economy consumer

spending...well you have the so called 'pullback' or 'correction' or 'recession'

BTC will come back and do much better over say next 10 years then 4-5% bonds IMHO...so it is all fine

but for regular folks rich/poor/whatever they are all over-extended with debt etc...so my view....24/7 panic sell to mirror 24/7 panic buys on pump

don't ya know

Buy and HODL till 99% of all BTC has been mined in 2035 is my advice....as far as regular day to day $$$ traditional finance it is gonna get ugly again IMHO

I agree with this! 

[philipma1957]

The cryptocurrency market saw roughly $1.7 billion in total liquidations in the past 24 hours, according to public data aggregated on Coinglass.

Coinglass data showed that of the $1.7 billion in liquidations, about $1.62 billion came from long positions. Within the past four hours alone, roughly $1.09 billion was liquidated, including about $1.06 billion in longs.

In the past 24 hours, over 404,000 traders were liquidated, with the total liquidations reaching $1.7 billion. The largest single liquidation order was a $12.74 million BTC-USDT swap on OKX, according to the data.

Liquidations occur when a trader’s positions in a particular market are forcibly closed due to significant losses or insufficient margin to meet the maintenance requirements. The liquidation figures are typically based on publicly available data, which may significantly understate the true extent of market liquidations. In many cases, API limits and incomplete reporting practices result in only a fraction of actual liquidation activity being captured by data aggregators. This incomplete data can lead to an underestimation of market risk and volatility, ultimately distorting the overall picture.

► https://www.theblock.co/post/371560/crypto-liquidations-surpass-1-billion

Corporations invested on the pump.....they sell for profit..and the employees look great for anything more then a 5% gain....they also get a bonus....this may be done

also to 'protect' their shares on the stock market getting hit by real world events...win/win/win

they will NOT HODL like individuals or whales or/ hobby types like us....

IMHO if we have a recession the stock market say goes down 30% I think (IMHO I know zip remember) that BTC/Crypto will dump 70%...there is nothing left in economic

society...banks/rich/middle class...but too much debt.....everyone is at the max for full time work and if everyone pulls back, with 70% of the economy consumer

spending...well you have the so called 'pullback' or 'correction' or 'recession'
 
BTC will come back and do much better over say next 10 years then 4-5% bonds IMHO...so it is all fine

but for regular folks rich/poor/whatever they are all over-extended with debt etc...so my view....24/7 panic sell to mirror 24/7 panic buys on pump

don't ya know

Buy and HODL till 99% of all BTC has been mined in 2035 is my advice....as far as regular day to day $$$ traditional finance it is gonna get ugly again IMHO

I agree with this! 

looking to sell more copper on tuesday.

I grabbed some btc this morning

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Searing]

These dips are starting to get a little painful… Who could have seen this coming?!?

More seriously though, there are rumors going around that tomorrow will bring a surprise announcement to pump Bitcoin. Bitcoin finally being added to 401K plans (laws passed but not implemented yet) and a strategic Bitcoin reserve announcement seem to be the popular whispers.

The 'Joy' of Bitcoin (Bitcoin: You Merciless Bitch!) Is no one (especially) sees it coming...if I feel the 'urge' to sell..even if I don't it usually

means times are getting 'tight' money wise.....I may move with the herd...but HODL and don't jump off the cliff and sell..though when

people dump even I feel the urge to follow and then blow $$$ recklessly. However, I am old enough to know I'm boring with cash and/or

without cash. However, I am 'damn' interesting with a BTC Hoard since 2013. (Ego: if only in my own puny/disturbed mind)

[philipma1957]

These dips are starting to get a little painful… Who could have seen this coming?!?

More seriously though, there are rumors going around that tomorrow will bring a surprise announcement to pump Bitcoin. Bitcoin finally being added to 401K plans (laws passed but not implemented yet) and a strategic Bitcoin reserve announcement seem to be the popular whispers.

The 'Joy' of Bitcoin (Bitcoin: You Merciless Bitch!) Is no one (especially) sees it coming...if I feel the 'urge' to sell..even if I don't it usually

means times are getting 'tight' money wise.....I may move with the herd...but HODL and don't jump off the cliff and sell..though when

people dump even I feel the urge to follow and then blow $$$ recklessly. However, I am old enough to know I'm boring with cash and/or

without cash. However, I am 'damn' interesting with a BTC Hoard since 2013. (Ego: if only in my own puny/disturbed mind)

thanks to you most of last year I attic mined a lot.

Still attic mining today. In fact I am dropping off 650 pound of eth cable tomorrow for about 650x1.15=747.5

which I will buy more btc.

oh sent you a dm on face book today.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Searing]

These dips are starting to get a little painful… Who could have seen this coming?!?

More seriously though, there are rumors going around that tomorrow will bring a surprise announcement to pump Bitcoin. Bitcoin finally being added to 401K plans (laws passed but not implemented yet) and a strategic Bitcoin reserve announcement seem to be the popular whispers.

The 'Joy' of Bitcoin (Bitcoin: You Merciless Bitch!) Is no one (especially) sees it coming...if I feel the 'urge' to sell..even if I don't it usually

means times are getting 'tight' money wise.....I may move with the herd...but HODL and don't jump off the cliff and sell..though when

people dump even I feel the urge to follow and then blow $$$ recklessly. However, I am old enough to know I'm boring with cash and/or

without cash. However, I am 'damn' interesting with a BTC Hoard since 2013. (Ego: if only in my own puny/disturbed mind)

thanks to you most of last year I attic mined a lot.

Still attic mining today. In fact I am dropping off 650 pound of eth cable tomorrow for about 650x1.15=747.5

which I will buy more btc.

oh sent you a dm on face book today.

I have 14 18tb Evergreen Chia Miners (green box) lost my ass on such...but they make nice 18TB usb drives don't ya know

(google evergreen chia miners)

so yeah..such a pain in the ass but stuff is going out the door asap and going into btc on my main wallet, where I can't really touch it

main HODL wallet just to make sure it stays there unlike paypal dust or coinbase where such sales to btc seem to 'drift' away

what was it paycoin when paypal allowed it ..you could buy btc that way...i think i did it once..for probably 1/2 a btc for some

silly price like $150 or some such..on the blockchain someplace....or faucets

i know for a long time on bitcointalk i was in signature projects (dubious) that paid 1/2 btc a month

alas if only i'd known such then

so gonna go with attic mining and HODL till 2035 when 99% of bitcoin has been mined and HOPE Price goes up 1/2 the amount it has in the

10 years

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com