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

[ivomm]

So, weekend dump for ants? More cheap coins to MS.

[somac.]

So, weekend dump for ants? More cheap coins to MS.

Its kind of amzing really, every weekend has a dump. Might just be for ants, but a dump none the less.

Also, haven't heard if MS have bought yet, I wonder if they are entering slower this time and perhaps closer to the lows.

[El duderino_]

So, weekend dump for ants? More cheap coins to MS.

Its kind of amzing really, every weekend has a dump. Might just be for ants, but a dump none the less.

Also, haven't heard if MS have bought yet, I wonder if they are entering slower this time and perhaps closer to the lows.

I only know I went out for a morning swim… when getting back inside checked the price and saw 1k lower sigh ….

Would hate to pay cheap corn tomo and hate it more if it’s to the hands of a BSV’er

Thinking out loud, wtf am I doing 

[Hhampuz]

Imagine selling now if you didn't at $60k 

[UnDerDoG81]

So, weekend dump for ants? More cheap coins to MS.

Its kind of amzing really, every weekend has a dump. Might just be for ants, but a dump none the less.

Also, haven't heard if MS have bought yet, I wonder if they are entering slower this time and perhaps closer to the lows.

I started trading weekend dumps last weekend for the first time. Dont worry it might change now to a different pattern

[shahzadafzal]

Imagine selling now if you didn't at $60k  

Joke on you... that's still 653.89% up of my average buy... 

[ChartBuddy]

Explanation

[LFC_Bitcoin]

PlanB
@100trillionUSD

Bitcoin is below $34K, triggered by Elon Musk's energy FUD and China's mining crack down.

There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K

https://twitter.com/100trillionusd/status/1406577006230245376?s=21

[ChartBuddy]

Explanation

[somac.]

PlanB
@100trillionUSD

Bitcoin is below $34K, triggered by Elon Musk's energy FUD and China's mining crack down.

There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K

https://twitter.com/100trillionusd/status/1406577006230245376?s=21

I hope he is right and I think he will be, but, he must be thinking somewhere in his mind that his model may no longer be working.

I suspect that we just need to clear all this Chinese shit out. Their miners need to be completely shutdown, or moved before this thing settles. God knows how much longer that will take.

I'm also wondering what happens with the Greyscale trust, I heard that 650million will be unlocked from there next month. I don't know if that is BTC or USD.

If things go bad, I wouldn't be surprised to see 15k even if only for a very short time. Markets are worried right now, if a sell of happens BTC will go down too.

[Gyrsur]

There will be no taping, pulling or rubbing of neither my Helmuth nor my glockenspiel, thank you.
But thanks for your input.  

Edit, What's doc leaves?

Not sure about your country but in England they are a broad-leaved plant that grows near nettles that contain a chemical that soothes the pain and itching that nettles cause (the 'doc' is short for 'doctor', I believe). Hmm. Just looked and it's "dock" leaves and apparently they don't actually contain anything, it's just the rubbing action that helps. Well shit, there's another piece of my childhood gone

I guess you could make some nettle tea. Brings a new meaning to teabagging.

Edit: Apparently alkali substances can help with the nettle stings.

Looked it up.
Have seen it countless of times but never new it's name, apparently it's "Tomtskräppa" in Swedish, weird name.
It sems to have a weird name in many languishes, in German it's "Stumpfblättriger Ampfer", I bet no Germans in here knew that.

native speaker says it is "Sauerampfer". but without a pic it can be almost anything.  

EDIT: no it's not. Arriemoller was right. it is "Rumex obtusifolius" in German "Stumpfblättriger Ampfer". but looks to me the same as the other one.  

[El duderino_]

Sunny Sunday bro’s…
Languishing bitcoin value.
When do we strap in?

[Hhampuz]

It's quite sad that Elon tweeting about bitcoin and tesla accepting bitcoin for their cars had a bigger impact on price than a country turning it into real currency, like wtf.

[AlcoHoDL]

Imagine selling now if you didn't at $60k 

Yeah, my cousin just ordered a 75-inch TV with the money he got by selling corn a week ago.

I've warned him that this will soon be the most expensive TV set he has ever bought in his life. He didn't listen to me.

[Gyrsur]

So It was hot as hell last night and I decided to go outside, naked, to cool of (I live in the countryside). It so happened that I walked in to my neighbors old corral and what I thought was just high grass was also nettles. I stung my legs, butt, and Helmuth and the glockenspiel, I have had a trying night.

just learned the name is "Johnson". amateurs.  

[Paashaas]

Chinese miners crackdown, energy FUD, Goldman Sachs shorting, stock market tanking and dragging Bitcoin down with it.

Crazy how sentiment changed so quickly.

[somac.]

Chinese miners crackdown, energy FUD, Goldman Sachs shorting, stock market tanking and dragging Bitcoin down with it.

Crazy how sentiment changed so quickly.

Is goldman shorting bitcoin?

[Paashaas]

Chinese miners crackdown, energy FUD, Goldman Sachs shorting, stock market tanking and dragging Bitcoin down with it.

Crazy how sentiment changed so quickly.

Is goldman shorting bitcoin?

around the U.S. open corn was dumped out of the market like sh*t. so some technical oriented guys gave up.

looks like more sideways now. rally is delayed because it seems they don't want to have the corn to expensive to still fill their pockets at least until end of August.

Proof: yesterday someone posted that but deleted it just afterwards. but Eagleeye was faster.  

https://www.cnbc.com/2021/06/18/bitcoin-goldman-sachs-ramps-up-trading-in-partnership-with-mike-novogratz-galaxy-digital.html

I was the one who deleted it to spare negativity.

This sucks but we can't do nothing about it besides waiting for the rebound. Saw great indicators it wil happen but it has been postponed for now.

[somac.]

Chinese miners crackdown, energy FUD, Goldman Sachs shorting, stock market tanking and dragging Bitcoin down with it.

Crazy how sentiment changed so quickly.

Is goldman shorting bitcoin?

around the U.S. open corn was dumped out of the market like sh*t. so some technical oriented guys gave up.

looks like more sideways now. rally is delayed because it seems they don't want to have the corn to expensive to still fill their pockets at least until end of August.

Proof: yesterday someone posted that but deleted it just afterwards. but Eagleeye was faster.  

https://www.cnbc.com/2021/06/18/bitcoin-goldman-sachs-ramps-up-trading-in-partnership-with-mike-novogratz-galaxy-digital.html

I was the one who deleted it to spare negativity.

This sucks but we can't do nothing about it besides waiting for the rebound. Saw great indicators it wil happen but it has been postponed for now.

I'm not seeing anything in there that says they are shorting the market. Just that they will be offering exposure to clients through Galaxy Digital.

[ChartBuddy]

Explanation