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

[xhomerx10]

[LFC_Bitcoin]

Do not speak to me of the deep magic bitch.  I was there in 2020 when it was written.

Buddy, this is getting out of control. Are we going too fast? Surely there’s going to be a pullback soon, I’m getting nervous now

My plan was to start selling Q2 - Q3 2021. Another $10,000 - $15,000 added to this price & I’m going to have to start thinking about selling some.

[eddie13]

$26018 on bitstamp!

Observing 26,333.33

It's getting scary. If the trend goes on, in 5 days we'll reach 31k and next day it'll drop to 1k.
Obviously making fun of those who keep trying hard to find rules and associations by which the price would go.

Neh we might clear the way to like 35 and slam back to like 25..

It’s getting hot, but it needs to really pump before it really dumps..
I don’t see it dumping back under 20k..

[explorer]

$26018 on bitstamp!

Observing 26,333.33

It's getting scary. If the trend goes on, in 5 days we'll reach 31k and next day it'll drop to 1k.
Obviously making fun of those who keep trying hard to find rules and associations by which the price would go.

   But back to 31k before months end, don't worry. 

[goldkingcoiner]

From my calculations, we are going to see a dump at 30k. Wheee!

[d_eddie]

SOMA?

[Poker Player]

It's getting scary. If the trend goes on, in 5 days we'll reach 31k and next day it'll drop to 1k.

If it drops to 1k, I'll sell my soul to the devil to buy bitcoin. I'll wait a few years, buy hell and kick the devil out of there.

[NeuroticFish]

If it drops to 1k, I'll sell my soul to the devil to buy bitcoin. I'll wait a few years, buy hell and kick the devil out of there.

Why did you remove the second line when quoting?  
And yes you should do that, since, as @explorer mentioned, in a month it'll be back to 31k 

[Poker Player]

If it drops to 1k, I'll sell my soul to the devil to buy bitcoin. I'll wait a few years, buy hell and kick the devil out of there.

Why did you remove the second line when quoting?  
And yes you should do that, since, as @explorer mentioned, in a month it'll be back to 31k  

Why shouldn't I? I try to avoid overquotes in general. No big deal, this is a bit off topic.

[soullyG]

We're less than $1500 away from page parity!

[Torque]

Of course, it is possible that me are witnessing financial "regime change", but much more data is needed to support this.
Serious people have said that the only thing that can stop btc is very high interest rates.
In one playbook they will go for high inflation, causing btc to climb super high, then as inflation is established, smash btc down by sudden increase in the interest rates: going from super negative real rates that we see at the moment to positive rates, which would mean, say, 10-15% interest rates a la Volcker shock.

But that the real rub for them now: it's become nearly impossible for the FED to raise interest rates, even just a couple % points.

1) Higher rates would make just the interest on the govt debt un-serviceable

2) Higher rates would crash global markets, crash the bond market, and kill the GDP of all major countries

I believe that rates in the U.S. will go negative before going positive. They will continue to print fiat, keep interest rates at 0 or neg, and let inflation run.

[HairyMaclairy]

Yes we are running hot right now but it’s still very early days for the 2021 bull market.

I am very relaxed at the moment.  

A 2013 style correction is a real possibility but so many people are standing by to buy the dip that it would be short lived.  But it’s healthy to shake out the leveraged longs every so often.  

[goldkingcoiner]

I think we can all agree that fiat is REKT in 2021.

[OutOfMemory]

Today it's fascinating and scary at once.

[Phil_S]

Fun times.

I'm not scared at all.

[philipma1957]

Sold a small piece at $26,413.40

[janggernaut]

Still HODL everyone? 

[OutOfMemory]

Still HODL everyone? 

* OutOfMemory does 

[HI-TEC99]

From my calculations, we are going to see a dump at 30k. Wheee!

Isn't that what hairy predicted at 20k?

He must be eating his hat now.

[IntroVert]

Think we need a new poll