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

[VB1001]

There Are Now More Than 8,000 Bitcoin ATMs Worldwide

The number of crypto ATMs worldwide has grown to more than 8,000, just months after passing the 7,000 mark in March.

https://cointelegraph.com/news/there-are-now-more-than-8-000-bitcoin-atms-worldwide

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[yefi]

Your food intake doesn't regulate your blood ph. Your kidneys do. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4670772/

Your lungs do. If you hold your breathe, your blood becomes more acidic, because cells are respiring and you're not excreting that CO₂ from your blood.

Your kidneys are the metabolic component, the lungs the respiratory.

[Toxic2040]

After serious consideration I have come to the conclusion that I have no idea what I am talking about.

up/down scalps and horse lips
1h


#dyor
4h

#clueless

*apologies Searing...stolen fair and square

[JimboToronto]

One last thing. Apply the "follow the money" principle. Just check to see if there's money involved and whether or not the person giving you advice has some monetary gain from persuading you to follow his methods. Steer clear from cases where you need to buy some "magic supplement" that will make you healthy, or otherwise having to pay someone for health services that are not scientifically proven.

I forgot to mention in my earlier post that you have to watch out about that. It's a 2-edged sword.

The cultists like to use corporate profiteering and monetary incentives to doctors to justify hating Established Medicine and Big Pharma.

 

[ivomm]

I just bought BTC for $500 at $9360 following my DCA. This whale buy clearly stopped today's dump   Just like Tom Hanks: boom!

[sirazimuth]

I just don’t hope it’s a financial one that requires good judgement and decisions

Nope, I learned to not get emotional or obsessive with my financial decisions. My finances will do well automatically without me interfering.

It is something else man it feels so good you all need to try some of that stuff but no I'll keep it to myself.  

collodial silver?
how much did Tash charge you per milliliter ?

*scnr*

@Tash: I was on the same path until about a decade ago, tried a lot of fancy "magic" stuff, tried to convince other people of how silly they are not to go "alternative" and throw their money at scammers that are actual doctors.
Let me tell you this: It didn't work. The only people i knew that claimed that it works either had no real health problems or took money for their alternative product or service. Some of the first group had health problems afterwards. Most risks are well documented.
This is a wakeup call from Morpheus. It's up to you if you take the red or the blue pill.

https://www.youtube.com/watch?v=sCYvOgBaEY8

[JayJuanGee]

I just bought BTC for $500 at $9360 following my DCA. This whale buy clearly stopped today's dump   Just like Tom Hanks: boom!

Well, I hope that your BIG ass purchase at $9,360 will hold as our local bottom... difficult to say.

If our price range from a week or two ago may have been $8,300 to $10,500, then currently have we narrowed?  or are we just bouncing in about the middle of the ongoing range?  Maybe the former; maybe the latter?

Cannot be either disappointed or excited if we are just moving within the middle of an ongoing price range, and like you suggested, ivomm, stacking some sats at any daily, weekly, or monthly price point might be good enough in the more or less, seems to be blasé department. 

Or should we anticipatorily refer to our current status as coiling? 

[sovkysom39]

To date, the situation is bad, I think that we can go to a local resistance level of ~ 10000, but there are no forces to overcome this level.
After that, I expect a decline and a hike to 8000, and possibly even to 6000.
Level 4000 can only be achieved with a regular stream of bad news and panic from sellers.

[JayJuanGee]

To date, the situation is bad, I think that we can go to a local resistance level of ~ 10000, but there are no forces to overcome this level.
After that, I expect a decline and a hike to 8000, and possibly even to 6000.
Level 4000 can only be achieved with a regular stream of bad news and panic from sellers.

What is so bad about where we are at currently or even the possible scenario that you presented, that may or may not happen?    Maybe you should explain yourself a bit better.  Do you understand bitcoin and to do you understand some of the currently dominant BTC price prediction models?  stock to flow, four year fractal and s-curve adoption based on metcalfe networking principles.

Sure, we might go down, but then again, we might NOT... Instead, we might go up, or maybe we go sideways for a bit more, before deciding?  

You just described one possible scenario, while failing to acknowledge that the BTC price remains in a decently good place right now (as I type).

Sure, we might go up and fail again at $10k, and then just remain in 4 digits a bit longer.  You seem to believe that there is some kind of difficulties getting above such price point but you did not really provide any evidence or reasons beyond your speculation that there is not enough buying pressures ("forces")....

Alternatively, outside of your hypothesis, we could end up breaking above $10k and experience reseistance at the previous sticking points of $12k and $14k or even $17,250.

I have my doubts about breaking above $17,250 and going to something like $26k-ish, but many things can be possible in bitcoinlandia, and we have seen those kinds of breakouts in previous times, while the naysayers were predicting dooms and glooms and lackenings of force.... 

In any event, something seem to be missing from your mere downward (and lack of up) proclamation, sovkysom39.  I have heard your kinds of speculative (and not backed up) doubting-thomas proclamations many times, right before we get our break out towards the top, while some doubters had been proclaiming with mere hopium that there is not enough interests (or forces as you say) to push the BTC prices UPpity.  Go figure? 

[becoin]

To date, the situation is bad, I think that we can go to a local resistance level of ~ 10000, but there are no forces to overcome this level.

Don't worry. The Fed will print more trillions and force not only 10000 but 100000 and more!

[Biodom]

Certainly, Powell is "massaging" Congress to allocate more stimulus so he can lever up even more.
Municipalities, etc. are just a side show.

[yefi]

To date, the situation is bad, I think that we can go to a local resistance level of ~ 10000, but there are no forces to overcome this level.

Forces? We don't need no stinkin' forces! We got a h o n e y b a d g e r.

The honeybadger, in case you don't know, mocks all known forces of the universe. It breaks weak and strong bonds. It regularly defies gravity and reverses conservation laws.

In short, don't mess with it.

[Toxic2040]

Jesus. Dallas County reporting 24 hour COVID19 infections over 400 people. Was 300 last week.

Very ungood.

Its playing out like this in a lot of places Bob. People been cooped up too long...getting squirrely. Not much of a surprise with hundreds of thousands out protesting all on top of one another swapping spit.

Of course MSM wont attribute the uptick on that...afraid of being called racist or something.  fml

 

[lightfoot]

Jesus. Dallas County reporting 24 hour COVID19 infections over 400 people. Was 300 last week.

Very ungood.

Its playing out like this in a lot of places Bob. People been cooped up too long...getting squirrely. Not much of a surprise with hundreds of thousands out protesting all on top of one another swapping spit.

Of course MSM wont attribute the uptick on that...afraid of being called racist or something.  fml

 

Yeah, but people don't seem to be dying enough. Maybe that is a lagging indicator but dying people are harder to hide or fudge, unless we have a massive weekend at bernies going on....

[degxtra1]

Jesus. Dallas County reporting 24 hour COVID19 infections over 400 people. Was 300 last week.

Very ungood.

It's quite funny when people are so excited because of ordinary flu.
Ahh sorry, it's not that ordinary - master of minds said it's pandemia.

https://www.independent.co.uk/news/uk/the-showboat-flu-is-starting-to-slow-down-1504194.html
this article is from 1993.
Do you know how many people died that season(1993/1994) because of flu in England?

[smartcomet]

Great pet in the future, for $74,500.

[Biodom]

According to planB, apparently, SP500 and btc are not only correlated (95% R2), but they are also co-integrated. Ooops!
Albeit, current SP500 suggests 18K btc
https://twitter.com/100trillionUSD/status/1273202818476892160

At $288K btc (predicted by the S2FX model), SP500 'should' become 4300, which is entirely possible, considering the amount of "pumping".
How much " The Big mac" would cost then, I don't know, but probably not less than $10.

[Toxic2040]

evening snap shot

1h



struggling below $9,489.60 resistance along the 0.236 short fib we would need to break above $$9,548 or will likely see a retest of support around $9.2k    #dyor
4h

#stronghands

[bitebits]

https://twitter.com/geenty/status/1272868866201473024

We have entered into a historically brief level of low volatility.

80% of the time, these periods are shorter than 20 days...

[Raja_MBZ]

TBH, S&P 500 ain't looking good to me. We might get to see a little bitcoin shakeout soon (probably in lower $8000s).

#HODL_Strong #DontBeMindrust #KeepFiatReady