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

[Kasabus]

30% drop on Bitcoin incoming? Get ready to buy lower!
https://www.tradingview.com/chart/BTCUSD/y4lKlQbn-30-drop-on-Bitcoin-incoming-Get-ready-to-buy-lower/

what is your opinion?

Rinse and Repeat or Hold, where you are most comfortable.

I love drop, I love making money with this trend.
30 is huge, its bigger than the price we have jumped so far, but that is not new, it's pretty normal to the market.
Let the pump and dump begin.

[1713952316]

1713952316

[nanobtc]

Thanks.

I thought it conveyed the atlatl like extra bit of overshoot pretty well.

I noticed trebuchet as a verb, as well. So much more 'physics and stuff' than the old catapults. And more accurate. The hinged weight, and the sling makes all the difference.

I built one of posterboard, reinforced with Popsicle sticks. The bucket was weighted with coins, I had an adjustable pin for release.  I could put a marble into a monitor, 3 cubes away, every time. Nerf guns in the office? Fear this.    A simulation here:  http://www.virtualtrebuchet.com/

[VB1001]

Has Bitcoin bottomed? Here's how it compares with past bubbles

The 12-month duration of Bitcoin’s slump is on the shorter end of the scale. The bursting of bubbles in US stocks and home prices played out over longer periods.
If Bitcoin has in fact bottomed out, history suggests there could be further upside. The Nasdaq more than doubled in the five years after its post-bubble low and has since reached record highs that are well above its peak during dot-com mania.

https://www.business-standard.com/article/markets/has-bitcoin-bottomed-here-s-how-it-compares-with-past-bubbles-119040700077_1.html

[jojo69]

reserve the order Lambos, Aston, Bentley...

meh. I'm thinking more on the order of Cirrus or Epic.

Lol, You are on another level.

I remember he was looking at jets last ATH time.  Perhaps that is the "lambo" he has mentioned, I kind of thought it was real estate though.

[Saint-loup]

Wall Street trades a significant portion of the market’s bitcoin futures

Data shows that the Chicago Mercantile Exchange’s (CME) Bitcoin futures traded $563 million in volume on Apr. 4th while the top 10 crypto exchanges traded $685 million, suggesting Wall Street is now trading a significant portion of the BTC futures market.

CME Sees Massive Increase in Bitcoin Futures Trading Volume

Following the Chicago Board Options Exchange’s (CBOE) decision to delist Bitcoin futures the Chicago Mercantile Exchange (CME) stepped in and seized much of the market.

Any major stock exchange’s involvement in the digital asset-derivatives market will benefit the crypto industry, both in terms of liquidity and in and legitimizing the sphere.

Recent data from Messari Crypto, a cryptocurrency research company, shows that CME has meaningful amounts of volume. According to CME, its BTC futures traded about $563 million on Apr. 4th alone.

While the exact amount wasn’t confirmed by CME, the company lists the number of contracts traded as well as the amount of Bitcoin in every contract. With 5 BTC per contract and yesterday’s $5,000 Bitcoin price, the 22,542 contracts traded over $500 million.



https://cryptoslate.com/wall-street-trades-a-significant-portion-of-the-markets-bitcoin-futures/

CME Bitcoin futures had a record trading day on April 4, hitting an all-time high volume of over 22.5K contracts (112.7K equivalent bitcoin), surpassing previous record of over 18.3K (64.3K equivalent bitcoin) on February 19



https://twitter.com/CMEGroup/status/1114246469559750661

[JSRAW]

@jojo

Speaking of real estate.

World First crypto house auction about to start in 17 hours

https://www.youtube.com/watch?v=ulMW6dClD1c

[ivomm]

30% drop on Bitcoin incoming? Get ready to buy lower!
https://www.tradingview.com/chart/BTCUSD/y4lKlQbn-30-drop-on-Bitcoin-incoming-Get-ready-to-buy-lower/

what is your opinion?

Rinse and Repeat or Hold, where you are most comfortable.

I love drop, I love making money with this trend.
30 is huge, its bigger than the price we have jumped so far, but that is not new, it's pretty normal to the market.
Let the pump and dump begin.

You know, I often wonder why 95% of exchange trades are like 0.05 or 0.001BTC. The answer is - there are thousands of n00bs (probably can't even calculate percentages and addicted to drugs) who believe that by trading such pathetic amounts, they will become millionaires. I got flash news for you - Not gonna happen! If you are lucky, you may get 10% in a year, so congrats with your 0.0001BTC profit. Go buy an island with that.

[Toxic2040]

This is it,  literally for all the marbles. Thoughts and comments as we begin to count down the hours for the close of the weekly candle.

If Tenken-Sen closes above the Kijen-Sen for a  tk crossing(TKx) I believe that will set us up for some interesting possibilities. We have already broken above the majority of resistance and can now only see bumps at $5.5k and $6.6k

The test is to close above $4943 or so..I measured and checked twice yet still managed to put two different numbers up for you. Probably a good idea to always check my maths..anyway.

If we do see such a crossing the coming week should prove exciting...we will be in a fairly unique place with no upwards resistance and a bullish bias to the market. The next stop if we were to break above the 0.236 fib would be at $6.6k were the conversion line might provide resistance to the lagging span. The bottom of the cloud is the next level at $7.2k



All that being said..we still have to get there. #dyor

1h


W denoised


W

#stronghands'19

[VB1001]

https://bitcoinvisuals.com/ln-capacity

[hisslyness]

You are the one going off on tangents and ignoring the points that he's making.

And no, lowering the block size would almost certainly kill it right now because people would be incapable of using it and hence likely move elsewhere.

Disagreeing with larger blocks is one thing, although you have failed to produce any sensible argument against it. But advocating for lowering the block size just indicates that you're just running your mouth.

Are you perhaps trying to farm merits so you can join some signature campaign?

nah you got me!.. i am only trying to get merits... but it is for a good reason.

i am trying to enter micgoossens prediction games!.. but he keeps on increasing the merits required!

I am not saying i want to lower the blocksize now, i meant if i had to choose between the two, i would pick lower the blocksize, as i see more benefits from that, than raising the block size.

I told you my thinking behind why larger blocks will not solve the unconfirmed transaction issue with Bitcoin. It is a bandaid fix, that will need to be re-address time and time again!

We need a solution that is outside normal way of thinking, forcing transaction off chain and to layer 2 and yes the only way to do that is too keep the blocksize where it is or smaller and with the benefits that come with that, although most people will see it as a negative....

[VB1001]

Before turning it on, put your fingers in the plug to verify that there is electricity.

 

[El duderino_]

via Imgflip Meme Generator

https://twitter.com/redditbtc/status/1114627424975839232?s=21

Buy Bitcoin

Good morning WO’s

Have a best Sunday, Belgium weather = very nice today, only its the tour of the flanders... pffff don’t like this cycling sports

[HairyMaclairy]

With a bit of navel gazing, biz jets might make sense for someone with 5,000 BTC at the top of the next bull.

Is Loaded still hodling?

[VB1001]

https://twitter.com/search?f=tweets&q=bitcoin%20vs%20gold%20chart&src=typd

Gold vs Bitcoin

Ok, Final flush, Let's go BTC

[LFC_Bitcoin]

Morning gentlemen!
Nice lazy Sunday for me watching films, football & checking the bitcoin price at regular intervals.

I’ve got a nice round number of bitcoin’s (to add to my stash) as a target in my head. I don’t think I’m going to reach this number if the price keeps going up but I’m not bothered. I have enough
Just a bit of OCD or something!

[HairyMaclairy]

The last 15 minutes have been nice

[El duderino_]

Indeed

[hodl_2015]

The nibbling on the wall (@stamp) is about to begin.

[HairyMaclairy]

The nibbling on the wall (@stamp) is about to begin.

How big is it? 

[hodl_2015]

The nibbling on the wall (@stamp) is about to begin.

How big is it?  

1200  http://bitcoinity.org/markets/bitstamp/USD
At first I thought support was a bit lower than usual, but it was just the Y-scale that was a bit unusual :-)