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

[LFC_Bitcoin]

@ mic - Maybe this?

on a complete RED hat would be very VERY VERY tight ......   but maybe in avatar size its not gonna be very clear..... small letters.

maybe something like these 

Any would be cool!
Looks like I’m going to have to join the hat club

[1714822265]

1714822265

[1714822265]

1714822265

[1714822265]

1714822265

[El duderino_]

^
mmmm four avatar pic-4merit , i almost posted 20 of them     (but always think to take it easy) 

whatever send the best one TO the HATpresident.

but for sure to join the damn club, the inside price info of BTC thats going around the HATgang is crazy.....

[Paashaas]

This place is turning into a shithole.

Time to move on i guess.

[El duderino_]

This place is turning into a shithole.

Time to move on i guess.

Just fit yourself a hat and join ..... after 5 more pages or so the hat part is finished, and BTC is Maybe more entertaining

And we all are wearing hats 

XhomerX putting lots of time and work in this to create a FUN thing, absolute no shit about that. 

[infofront]

$BTC vol continues to be depressed. The trailing ~2 month intraday range is in the bottom decile we've seen going back to 2012. It's now the 4th longest consecutive period where vol has been this low (~33.2% annualized).

This has occurred despite $USDT & @bitfinex fears alongside macro volatility with the $VIX reaching the upper 10% range over the trailing 2 years and $FANG $EEM all selling off.

https://twitter.com/Rptr45/status/1052970368753905664

[Wekkel]

This place is turning into a shithole.

Time to move on i guess.

5 years too late 

And beat market (never helps).

For 1st class crypto info, selected Telegram groups work very well.

[GGALINff]

This place is turning into a shithole.

Time to move on i guess.

shithole it is
probably means close to btc bottom

[Torque]

This won't last guys.

Bitcoin has shown more synchronicity with the U.S. stock market than a hedge against it. And I'm pretty sure the U.S. stock market will begin a new bull run next year.

Why do you think the Fed wants to hike interest rates 4 times next year? Because it already knows the plan and the pattern (2-3 yr bull, 1-1.5 yr bear which we're in now). So the Fed already knows things will start to turn around to bullish again next year, and it will seek to hike into strength. That's why insiders like Jim Cramer know the bull will return next year and are pissed the Fed will want to hike into it. The banks and the financial corps will lobby for the Fed to delay or go slower.

[jonoiv]

This won't last guys.

Bitcoin has shown more synchronicity with the U.S. stock market than a hedge against it. And I'm pretty sure the U.S. stock market will begin a new bull run next year.

Why do you think the Fed wants to hike interest rates 4 times next year? Because it already knows the plan and the pattern (2-3 yr bull, 1-1.5 yr bear which we're in now). So the Fed already knows things will start to turn around to bullish again next year, and it will seek to hike into strength. That's why insiders like Jim Cramer know the bull will return next year and are pissed the Fed will want to hike into it. The banks and the financial corps will lobby for the Fed to delay or go slower.

I don't see any connection either way.  Certainly when bitcoin was $2, it was just geeks mining and a few people taking punt.  Big money didn't get involved until 2013 at the earliest, since then technical has been far more important than fundamentals.

[Torque]

I don't see any connection either way.  Certainly when bitcoin was $2, it was just geeks mining and a few people taking punt.  Big money didn't get involved until 2013 at the earliest, since then technical has been far more important than fundamentals.

Well, in 2013 the U.S. stock market went on a massive bull run/rally, peaked in Dec 2013, then went sharply bear in Jan 2014.

So did the Bitcoin market.

Then in 2017 the U.S. stock market went on a massive bull run/rally, peaked in Dec 2017, then went sharply bear in Jan 2018.

So did the Bitcoin market.

If you can't see that direct correlation, then I can't help you man. It's all about long money vs. short money, and smart money vs. dumb.

I would agree with you on technicals though, as the Bitcoin fundamentals haven't changed since 2012 so they don't really matter. I don't really consider SW and LN as a huge change to the fundamentals, as the utility and SoV function has been there all along.

[BTCMILLIONAIRE]

I don't see any connection either way.  Certainly when bitcoin was $2, it was just geeks mining and a few people taking punt.  Big money didn't get involved until 2013 at the earliest, since then technical has been far more important than fundamentals.

Well, in 2013 the U.S. stock market went on a massive bull run/rally, peaked in Dec 2013, then went sharply bear in Jan 2014.

So did the Bitcoin market.

Then in 2017 the U.S. stock market went on a massive bull run/rally, peaked in Dec 2017, then went sharply bear in Jan 2018.

So did the Bitcoin market.

If you can't see that direct correlation, then I can't help you man. It's all about long money vs. short money, and smart money vs. dumb.

I would agree with you on technicals though, as the Bitcoin fundamentals haven't changed since 2012 so they don't really matter. I don't really consider SW and LN as a huge change to the fundamentals, as the utility and SoV function has been there all along.

The difference is the increasing volume in the Bitcoin market. Perhaps not this round, but in one of the next two rounds I could see actual hedging of stocks through crypto. Most people today still didn't get what Bitcoin is about and still think of it as a ponzi/bubble.

Furthermore, stocks were stable leading into summer and started climbing around mid to late summer. So anyone who sold some Bitcoins near the top would've made some decent profits in the stock markets. Hence, the lack of a perfect correlation creates opportunity.

We still don't know if Bitcoin or the stock market will enter the next rally first either. Any delay of one asset class would create further potential for profits.

[Yaplatu]

 

[Wekkel]

If you can't see that direct correlation, then I can't help you man.

Be careful when challenging a person’s belief system 

[BinaryReign]

@ mic - Maybe this?

on a complete RED hat would be very VERY VERY tight ......   but maybe in avatar size its not gonna be very clear..... small letters.

maybe something like these 

Any would be cool!
Looks like I’m going to have to join the hat club

I’m in, but I can’t wear muh hat yet. I guess I’ll be more active to earn that full member status and show it off.

Thanks to xhomerx10

[Torque]

If you can't see that direct correlation, then I can't help you man.

Be careful when challenging a person’s belief system  

I could envision a day in the future where in Bitcoin we have could true inverse correlation. But I don't think we're there yet. We may never have a true 100% inverse.

In fact I don't believe things like the PMs markets are a true hedge against the stock market anymore. They've been pumped with so much leverage and derivative now that most often they move in sync with the stock market these days. I'm sure that's by design - centralized control.

It's all about technicals and "narratives" anymore, rather than fundamentals.

[El duderino_]

I don't see any connection either way.  Certainly when bitcoin was $2, it was just geeks mining and a few people taking punt.  Big money didn't get involved until 2013 at the earliest, since then technical has been far more important than fundamentals.

If you can't see that direct correlation, then I can't help you man.

"If you don't believe me or don't get it, I don't have time to try to convince you, sorry“

So there is a correlation 

[LFC_Bitcoin]

Really interesting posting there Torque, very interesting to read.

Thanks man

[Last of the V8s]

I don't see any connection either way.  Certainly when bitcoin was $2, it was just geeks mining and a few people taking punt.  Big money didn't get involved until 2013 at the earliest, since then technical has been far more important than fundamentals.

Well, in 2013 the U.S. stock market went on a massive bull run/rally, peaked in Dec 2013, then went sharply bear in Jan 2014.

So did the Bitcoin market.

Then in 2017 the U.S. stock market went on a massive bull run/rally, peaked in Dec 2017, then went sharply bear in Jan 2018.

So did the Bitcoin market.

If you can't see that direct correlation, then I can't help you man. It's all about long money vs. short money, and smart money vs. dumb.

I would agree with you on technicals though, as the Bitcoin fundamentals haven't changed since 2012 so they don't really matter. I don't really consider SW and LN as a huge change to the fundamentals, as the utility and SoV function has been there all along.

you made me look at the charts for gringo stock market and you seem to be quite wrong

[bitcoinPsycho]

 
more of this please

[HairyMaclairy]

More grind down the line