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

[LFC_Bitcoin]

Slow upwards grind now until the end of summer & then moon? We can hope hey but oh my, those couple of weeks were horrible. I have to admit I was petrified haha, sold nothing though.

[1714671248]

1714671248

[1714671248]

1714671248

[1714671248]

1714671248

[ChartBuddy]

Explanation

[OutOfMemory]

Slow upwards grind now until the end of summer & then moon? We can hope hey but oh my, those couple of weeks were horrible. I have to admit I was petrified haha, sold nothing though.

Why would you? Unless you'd need the fiat, of course.

[somac.]

I know Raoul Pal isn't always the most liked around here but he is spot on here. Open the link for all of his comments.

https://twitter.com/RaoulGMI/status/1397172575810228225

[somac.]

Also, an article by one of the Coinmetrics guys regarding the miners in China. A good read for those interested.

https://medium.com/coinmetrics/bitcoin-miners-are-escaping-china-d3937e8f018c

Over the past few weeks, Bitcoin markets have had to deal with a swarm of bad news coming out of China.

It started with rumors that miners in Sichuan had gone offline after the province limited energy-intensive industrial activities, such as Bitcoin mining.

Then came a joint statement by three of China’s top financial self-regulatory organizations reminding the public of the country’s 2017 ban on cryptoassets.

Then it was reported that, for the first time, the Chinese State Council, headed by President Xi Jinping’s top economic advisor, was cracking down on mining.

And to top things off, last Sunday the Chinese state-run news agency Xinhua published a negative article on cryptoassets, denouncing their risks relative to “traditional investment tools”.

While there have been multiple factors contributing to this sell-off, one thing is undeniable: there is something brewing in China......

[Wlex77]

The bitcoin rate fell and Tesla does not accept it. I think that Tesla is doing what she wants. Whether it is mutually related, I do not know. Tesla's price also fell. I don’t know what will come of it. Buying crypto can be dangerous. Although who knows!

[ChartBuddy]

Explanation

[Parazyd]

Feeling good about these upticks

[ChartBuddy]

Explanation

[philipma1957]

Chart buddy says 40k+

nice.

[El duderino_]

Chart buddy says 40k+

nice.

Stamp says sub 39, come on CB get us over 40 again 

[ChartBuddy]

Explanation

[LFC_Bitcoin]

Plan B
@100trillionUSD
IMO $60K was not the top, up & onward #Bitcoin 
https://twitter.com/100trillionusd/status/1397529897187397636?s=21

[Richy_T]

I have been trying to download chitu box so I can practice on my computer, but I can't open it, "software not compatible with win 32" or something like that. I'll try again later.

Wow, still on a 32 bit version of Windows? I'm surprised you're not having a tough time already. I don't think that's been the default since XP.

[Richy_T]

So we are skipping an ATH for May?

I was told a new ATH for every month in 2021.

So bitcoin changed its mind about May?

ATH in losses.

[Richy_T]

However, worth to add is that i found out if you want to model threads, 3D Builder is unusable. You'd need Fusion360 or one of the free 3D CAD programs.
No easy way to get threads, that's why i still cut them in metal and press/glue them into the 3D prints.

I've done threads a few times in openscad. I usually hand-craft them but there are libraries too.

[luckygenough56]

who's the lucky boy who did put 20k at 1.32 and see this waking up after a good nap
wouf wouf

[Toxic2040]

good morning everyone..some charts

Bitcoin continues to consolidate in the 40kish range.

#dyor


elephant loose in the banana patch
1h


thats a big toe nail
4h

#stronghands

[Karartma1]

Wake me up when May ends

[kellrobinson]