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

[JimboToronto]

Good morning Bitcoinland.

A new AYH and immediate correction... currently $12060USD/$15952CAD (Bitcoinaverage).

The battle for $12k rages on.

Go Bitcoin go.

[1713855001]

1713855001

[1713855001]

1713855001

[1713855001]

1713855001

[rdbase]

oh also pomp eet https://www.youtube.com/watch?v=Yaxq3iggMdM

I like this jam for the official pump it up song of the forums.
https://www.youtube.com/watch?v=BfnjX88Va4Y

But then again... who da faq am I?

Sitting in a pub garden, observing $12,000 breached.

Enjoy the $12,000 breach pint bud!

[600watt]

watching those bitcoin price break outs for years. what I do not get is who is selling? why sell on a breakout in a bull leaning sentiment? price was consolidating for weeks. are those only stop losses and shorters getting liquidated? it looks like if there are still traders placing shorts, trying to get the price down. why?

[Last of the V8s]

[Last of the V8s]

to accumulate more

[LFC_Bitcoin]

watching those bitcoin price break outs for years. what I do not get is who is selling? why sell on a breakout in a bull leaning sentiment? price was consolidating for weeks. are those only stop losses and shorters getting liquidated? it looks like if there are still traders placing shorts, trying to get the price down. why?

Maybe guys who had $12,000 sell orders already placed on the exchanges. They might be out & about, totally unaware of how the market is playing out so their sells are already placed.

[600watt]

to accumulate more

that's it. ty.  

[JimboToronto]

ALL YEAR HIGH.

but boy, it was a short lived one.

So was the correction.

[Last of the V8s]

Let's buy this shit.

[psycodad]

Just watched an interview of Julia Chatterly with the Taiwanese Digital Minister on CNN (yep that on the right IS the minister!):



I noticed the following interesting things compared to my country:
1. We don't have a Digital Ministry
2. We don't have any longhaired, bright and seemingly quite competent hacker boffin in government at all
3. None of our government says goodbye this way with the words "Live long and prosper"

Made my day.

[Edited to add]: Happy 12k day, may it stick above this time!

[Lambie Slayer]

Bear suicide death toll will be much higher than snakebites or the scamdemic flu this year.  

Bears if you want a painless ending there are 8 states where doctors can help you move past this life. I suspect Roach has already taken this route.

https://www.deathwithdignity.org/learn/death-with-dignity-acts/

Current Death with Dignity Laws
Eight states and Washington, D.C., have death with dignity statutes:

California (End of Life Bear Option Act; approved in 2015, in effect from 2016)
Colorado (End of Life Bear Options Act; 2016)
District of Columbia (D.C. Nocoiner Death with Dignity Act; 2016/2017)
Hawai‘i (Bear Care, Our Choice Act; 2018/2019)
Maine (Liquidated with Dignity Act; 2019)
New Jersey (Aid in Dying for the Terminally Bearish Act; 2019)
Oregon (Death with Dignity Act; 1994/1997)
Vermont (Nocoiner Choice and Control at the End of Selling Act; 2013)
Washington (Fiat Hold with Dignity Act; 2008)

[philipma1957]

And 12186 looking good. At the moment.

Why do sellers sell.

Well maybe they had a lot at 3900-4100 purchased on March 12 of 2020

If I had purchased 200 coins in that range say 4000 I am on the hook for 800,000

I might have set a 12000  20 coin sale up and cashed it.  

We hit 12k 3 times this year correct.  so a guy above may have done 3 sales. of 20 coins. at 12 k = 720000

which would mean his remaining coins 140 cost him only 80,000

  He could set on more sale at 13,000 and if he does that 20 x 13,000 = 260,000

 which means he has 120 coins in hand and a profit of 180,000.

I think this is happening if it is and I am correct we will break out of it and go past 13,000 soon.

 As all those march 12 2020 buyers. Are reaching a point of perfection.

Ie. their remaining coins were not free but they were paid to get them.

WE WOULD NEED 1 RISE TO 13000 then a dropping candle.

At this point any March 12 buyer  following the method above would be at 60% of the coins he purchased and the coins would have cost him -1500 each.

He could then stop selling. 10%  of his original purchase of coins.  and only sell .5% or in my example he could sell

 1 coin at 13900 leaving him 119 coins and his 119 coins would be -1629 each or his profit is 193900
 1 coin at 14900 leaving him 118 coins and his 118 coins would be -1769 each or his profit is 208800


So I see the sell offs at 12k caused by people that purchase in the 4000 price range in march of 2020

I also see them ending very soon maybe 1 more selling spike at 13k

then off to the races.

[Last of the V8s]

to accumulate more

that's it. ty.  

so pray for slow grind, not his bart stuff. hell for short sellers

[Last of the V8s]

https://twitter.com/bitstein/status/1295363141086240770?s=20

BREAKING NEWS INSIDE THE WHITE HOUSE

[aesma]

Up down up down up down.

I really need to find a bot that can work for me.

[BobLawblaw]

[JL0]

Happy 12k. Somebody had enough of this 11.9k shit...

[Karartma1]

Up down up down up down.

I really need to find a bot that can work for me.

That is my thinking too. Barts are slowly fading away and new moves are on the rise. I love corn more than ever, never a dull day around here. Never!

[serveria.com]

Gaytris? 

[jeremypwr]

Greetings W/O!

Bitcasino.io is giving away .015 BTC in their latest "Predict the Bitcoin price" promotion @ https://bitcointalk.org/index.php?topic=5269398.msg55011946#msg55011946
Stop on by and drop your prediction