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

[luckygenough56]

Fuck I'm not just buying cheap corn, also a bit of litecoin to trade for some of the more stable alts, they're crashing even harder than Bitcoin, easy to get some good quick returns with how volatile they are.

yup eth wants to go to 0 it seems

[1713888577]

1713888577

[gallianooo]

KING BTC, please.

TIME TO WAKE UP ! 

[JayJuanGee]

I wonder if this will effect the Silver market come Monday, lot of speculation that the $2T market cap in crypto kept Silver and Gold down by about 30%

I really don't think the two are linked at all, gold and silver are hedges and crypto is extremely volatile.

There's ideology cross overs but I don't think that's the majority of ownership.

We are not talking about crypto in this thread, so there is that angle too.  

In other words, if I am misreading you, you might want to clarify what you mean, kingcolex.

Dang i'm such a dick sorry guys  

Goes without saying that you are a dick, and surely you are not sorry.. You are just saying that you are sorry to be even more of a dick.

Dicks are not sorry for being a dick.  

An alternate theory could be that you are a twat? If you actually happen to be sorry, then twats tend to be sorry for their being a twat (and twats tend to be even more sorry if they had been a dick).

[Raja_MBZ]

Took a big position into BTC. However, planning to keep it short-term.

[cAPSLOCK]

word on the streets says RAJA bought back at 32k

Very good for him, if so.  Well done.

[aesma]

Lots of red today. I woke up early and remade my buy orders, 10 of them have now been executed. Didn't expect that. I have only 4 left. I would buy more unfortunately there is a limit to how much money can be sent instant per day from my bank, so I need to wait for tomorrow.

[cAPSLOCK]

Do you guys remember when we were the newbies, panicking and falling apart everytime there was a huge dip and now its funny to watch the others while hodling calmly?

I'm not panicking, but pretty depressed by all of it. It just seems like it shouldn't be happening at this point in the cycle, but hey, maybe the cycle is not over yet.

Everyone should stop comparing cycles imho...

Should look to the NOW not history.... All bullish signs improvements, adoption etc....
We didn’t had these in the past, comparing ain’t the way....

This is very very true, and as they would say on twitter: Few.

I have been kind of chuckling about all the folks who have been assuming bitcoin was going to do the exact same thing as it has every other time.  I just do not believe it will do that.  For so many reasons.  It will apply max pain.  For sure patterns will get frontrun, etc.

I thought the idea of the "supercycle" was way more likely...  And to be honest, I do not think it's out of the question still, though if we drop much more we will be looking like just a faster version of a standard bull... for now.

But what you say is true.  The fundamentals are different now.  And there is BIG institutional money on the sidelines, and you gotta know the old school players have been waiting for this kind of chance.  They can see how it's acted before.  This is nothing new, even if they have not "held through" pullbacks before, because they can look at the history.

Why, exactly would they not be buying.  Right now?

[luckygenough56]

i should have doged at 0.2 still bouncier compared to others

[ivomm]

So far bears have failed to dump the price below 30K twice this week. Come on bears, is this all you've got?  

[Toxic2040]

[cAPSLOCK]

I am hoping the Saturday long post, will be the Sunday long post.   But currently it is TOO long so I am trying to whittle it down.

[luckygenough56]

So far bears have failed to dump the price below 30K twice this week. Come on bears, is this all you've got?  

yup eth crossed its low bitcoin a little more resilient

there there we goin up hope it was the last fuck

[Raja_MBZ]

word on the streets says RAJA bought back at 32k

Very good for him, if so.  Well done.

I didn't buy @ 32k. I bought @ 31.5k. Not sure how that guy guessed it but he guessed *almost* correctly.

I think I'll keep a little position to avoid calling myself a no-coiner, and sell the rest at around $34k or so, as I believe we're now in a bear trend.

[ChartBuddy]

Explanation

[modrobert]

Second dip confirmed, time to surface...

[luckygenough56]

@ RAJA well trained gut feeling is all

[OutOfMemory]

IMO, this dip has to be the capitulation signal.
No strong resistance yet, but now it should be there.

If not, well...  
(...we'd be fucking fucked)

EDIT: Found this, for the laughs of y'all:

To all people new in crypto/trading.

You should not trade before you can answer this correctly:

A man buys a goat for 60.
Then he sells it for 70.
Later, he buys that goat back for 80.
Then, he sells it again for 90.

How much profit did he make?

Reply in comments also!

https://twitter.com/LSDinmycoffee/status/1396253987725262851?s=03

So far bears have failed to dump the price below 30K twice this week. Come on bears, is this all you've got? 

Don't jinx it 

[bitebits]

Daytarders:


https://twitter.com/BTC_Archive/status/1396512921212137473

[modrobert]

To all people new in crypto/trading.

You should not trade before you can answer this correctly:

A man buys a goat for 60.
Then he sells it for 70.
Later, he buys that goat back for 80.
Then, he sells it again for 90.

How much profit did he make?

Reply in comments also!

https://twitter.com/LSDinmycoffee/status/1396253987725262851?s=03

Give us a timeline? Have to bring inflation to the calculation...

[fillippone]

This  is a very good reason for Musk stopping to tweet FUD on bitcoin.



Again, I wouldn’t be surprised to see TSLA revealing that they BTFD on next quarter release.