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

[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]

[Kylapoiss]

We should change the 100k party to 50k party so we have some partying to do while we wait for the price to rise

I've run out of reasons to drink

[ChartBuddy]

Explanation

[cAPSLOCK]

Interesting chart.  The bit missing is the price seeking level related to the NEXT halving.

[cAPSLOCK]

We should change the 100k party to 50k party so we have some partying to do while we wait for the price to rise

I've run out of reasons to drink

Just take a shot every time Chart Buddy posts a 40k crossing in either direction.  I suggest buying a liter of whatever you like because it might go fast.

[kellrobinson]

[kellrobinson]

Interesting chart.  The bit missing is the price seeking level related to the NEXT halving.

quadratic regression on the logarithmic scale indicates $76k
There's an app a chart for that ha ha

[cygan]

a dream of every BTC hodlers



https://twitter.com/BTC_Archive/status/1397282997750075395


and here is a DOGE version

[kellrobinson]

Interesting chart.  The bit missing is the price seeking level related to the NEXT halving.

Your wish is my command.

[cAPSLOCK]

Prediction:

New ATH by mid June.

Quote it for posterity gentlemen.

Oh?

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?

That sucks.

[Kylapoiss]

We should change the 100k party to 50k party so we have some partying to do while we wait for the price to rise

I've run out of reasons to drink

Just take a shot every time Chart Buddy posts a 40k crossing in either direction.  I suggest buying a liter of whatever you like because it might go fast.

Good idea, cheers mate

[shahzadafzal]

I’m knew it China and Elon are not only the reasons behind this.

I have no idea about how this leverage thing, how it works..? I have never tried but this seems convincing based on this wild up and down fluctuations between $30k-$40k lines.



https://www.cnbc.com/2021/05/25/bitcoin-crashes-driven-by-big-margin-bets-new-crypto-banking.html

[cAPSLOCK]

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.

Same, I did buy a little though.  First time in over a year I bought that much too...  So I am kind of still nervous.

[Hueristic]

a dream of every BTC hodlers



https://twitter.com/BTC_Archive/status/1397282997750075395


and here is a DOGE version

This is what the term "gauche" was coined for.

[suchmoon]

I have no idea about how this leverage thing, how it works..? I have never tried but this seems convincing based on this wild up and down fluctuations $30k-$40k lines.

It's simple, borrow 100x of what you have and trade with it... 100x profit but 100x loss too, so if corn goes down 1% your collateral gets liquidated. Amazingly there is no lack of math-challenged idiots who think this will never happen to them.

[cAPSLOCK]

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

He is a very smart dude with lots of insight.  It's just his "big bad maxi" narrative that is annoying.  He may not realize that the whole "Ethereum is actually more amazing than Bitcoin" argument is fairly worn out for people who have been paying ACTIVE attention for longer than him.  He actually goes WAY back in having interest in "crypto" but only came out guns blazing this halving epoch.

But he is spot on here, and the contrast he is pointing out is still not really being heard over the ROAR of "ZOMG BITCOIN VOLITILE CANNOT BE SOV" screaming noise.

But we are getting closer.