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

[ChartBuddy]

Explanation

[JohnBitCo]

Nailing Right into the bitcoin season. Its time for bitcoin to rally up towards the new All time high.

[LFC_Bitcoin]

Binance getting regulated hard.

https://twitter.com/binance/status/1421033049098174468?s=21

No more futures/derivatives trading in several Euro countries.

[Mpamaegbu]

As long as price continues to remain caged in between those two lines, no clear move is in sight for Bitcoin bear or bull. That's my take.

[ivomm]

Binance getting regulated hard.

https://twitter.com/binance/status/1421033049098174468?s=21

No more futures/derivatives trading in several Euro countries.

So far Binance was a rogue exchange operating illegaly. Now the CEO came to the bright conclusion, that if they want to conitue operating, they have to get a licence in each country. I wouldn't be surprised if Binance turns out to be the new Mt Gox. I just wonder what is the IQ score of those traders keeping funds on that exchange. Trading bots there are one big hell of a mess. I really doubt any of these bots can bring a profit for a longer period. Especially judging by the most trades of magnitute 0.00x.   Since the traders realised losses in the last 2 months on all exchanges are above $50 bil, I can only imagine the misery of these n00b traders, esp. in binance.

[ChartBuddy]

Explanation

[somac.]

Binance getting regulated hard.

https://twitter.com/binance/status/1421033049098174468?s=21

No more futures/derivatives trading in several Euro countries.

So far Binance was a rogue exchange operating illegaly. Now the CEO came to the bright conclusion, that if they want to conitue operating, they have to get a licence in each country. I wouldn't be surprised if Binance turns out to be the new Mt Gox. I just wonder what is the IQ score of those traders keeping funds on that exchange. Trading bots there are one big hell of a mess. I really doubt any of these bots can bring a profit for a longer period. Especially judging by the most trades of magnitute 0.00x.   Since the traders realised losses in the last 2 months on all exchanges are above $50 bil, I can only imagine the misery of these n00b traders, esp. in binance.

I don't think they're a mt gox. But, they are certainly dodgy, sort of like bitmex. Definitely can't trust them.

[shahzadafzal]

Binance getting regulated hard.

https://twitter.com/binance/status/1421033049098174468?s=21

No more futures/derivatives trading in several Euro countries.

So far Binance was a rogue exchange operating illegaly. Now the CEO came to the bright conclusion, that if they want to conitue operating, they have to get a licence in each country. I wouldn't be surprised if Binance turns out to be the new Mt Gox. I just wonder what is the IQ score of those traders keeping funds on that exchange. Trading bots there are one big hell of a mess. I really doubt any of these bots can bring a profit for a longer period. Especially judging by the most trades of magnitute 0.00x.  Since the traders realised losses in the last 2 months on all exchanges are above $50 bil, I can only imagine the misery of these n00b traders, esp. in binance.

I don't think they're a mt gox. But, they are certainly dodgy, sort of like bitmex. Definitely can't trust them.

What options do we have then? Specially those outside of US?

[somac.]

Binance getting regulated hard.

https://twitter.com/binance/status/1421033049098174468?s=21

No more futures/derivatives trading in several Euro countries.

So far Binance was a rogue exchange operating illegaly. Now the CEO came to the bright conclusion, that if they want to conitue operating, they have to get a licence in each country. I wouldn't be surprised if Binance turns out to be the new Mt Gox. I just wonder what is the IQ score of those traders keeping funds on that exchange. Trading bots there are one big hell of a mess. I really doubt any of these bots can bring a profit for a longer period. Especially judging by the most trades of magnitute 0.00x.  Since the traders realised losses in the last 2 months on all exchanges are above $50 bil, I can only imagine the misery of these n00b traders, esp. in binance.

I don't think they're a mt gox. But, they are certainly dodgy, sort of like bitmex. Definitely can't trust them.

What options do we have then? Specially those outside of US?

There are crap loads of decent exchanges and plenty outside of the US. Bitstamp and kraken have been pretty solid.

[ChartBuddy]

Explanation

[philipma1957]

Binance getting regulated hard.

https://twitter.com/binance/status/1421033049098174468?s=21

No more futures/derivatives trading in several Euro countries.

Good they had fucked up rules and allowed over speculation.

[bitebits]

https://medium.com/blockstream-markets-weekly/blockstream-markets-weekly-july-30-2021

- Bitcoin is on pace for the second consecutive weekly gain after finishing higher nine of the previous ten days.
- New rule coming into effect in Germany that will open Bitcoin to $420B of institutional money
- $68B ProFunds launches the first public BTC mutual fund
- $7B Horizon allocates 10% of fund to GBTC
- Fidelity’s macro head says BTC looks like Gold in the 1970s
- And much more..

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Richy_T]

Back to the fun and games, I see. 

[El duderino_]

Back to the fun and games, I see. 

Which fun what games ?

[Biodom]

Bitcoin doing nicely while I was gone from here.

OT: Went on 2wk vacation abroad.
There is a LOT of infection going on (anecdotally based on relatives info).
Being vaxxed does not seem to make an effect on being infected, but probably has an effect on severity (hopefully).
People lost the sense of following the rules though and 50% are flaunting mask rules in public transport (subway, etc) despite (theoretically) a potential of being fined.
Those 50% are wearing the mask, but on the neck, lol
The fine is $60 equivalent-a slap on the wrist if you ask me.

Conclusion: I think that at some point almost all will get infected (in the range of 75-90%) and, hopefully, vaccines would help with reducing mortality and serious effects-that's what the main purposes should be anyway, but people would get upset by the fact that current vaccines (even the best) are not as clear-cut as we all hoped them to be.

[Toxic2040]

good morning charts


standing by and see if retail has any 1st of the month appetite following improving sentiment in the market...SOP
And the usual suspects again present with Hopium...FUD...options being bought and sold and institutional moves being made...all in a days work lads
steady as she goes

#dyor

end of the week and month profit taking are stirring volatility
1h


pretty good balance point at $40k...market still undecided in short term direction
thinking it will break sharply either towards $35k or $44k once a direction is picked further indicating we are at or near a inflection zone
4h


bumping up against Span B resistance and rebounding against ssma100 in a narrow range
about the best I can say right now is that reclaiming the SMMA100 level and finding support there is pretty good imho
D

#stronghands

[philipma1957]

Bitcoin doing nicely while I was gone from here.

OT: Went on 2wk vacation abroad.
There is a LOT of infection going on (anecdotally based on relatives info).
Being vaxxed does not seem to make an effect on being infected, but probably has an effect on severity (hopefully).
People lost the sense of following the rules though and 50% are flaunting mask rules in public transport (subway, etc) despite (theoretically) a potential of being fined.
Those 50% are wearing the mask, but on the neck, lol
The fine is $60 equivalent-a slap on the wrist if you ask me.

Conclusion: I think that at some point almost all will get infected (in the range of 75-90%) and, hopefully, vaccines would help with reducing mortality and serious effects-that's what the main purposes should be anyway, but people would get upset by the fact that current vaccines (even the best) are not as clear-cut as we all hoped them to be.

1)I think they are a clearcut short term solution that would knock this off the map of the world if the world had a 95% vax rate.


2) I think none of us know what the long term effects of this vax will do to our bodies. It will take 10 years to find out.

3) I think more than 2 billion people will resist the vax and not get it as they fear point number 2.


4) Ten years from now I think people will still argue over this. Even thought the math will show a clear cut difference in death rates for the vaxed vs the un vaxed.


My guess was vax is smarter then no vax.

So I walked over to the barrel of guns grabbed one and played a round of russian roulette so to speak and vaxed.

I have zero problem with anti vaxers as long as they admit no vax is going to the other barrel of guns and playing russian roulette so to speak 🗣

which is the better wheel of death 💀 to play?


i hope vaxing. I want to be around in ten years to see how much my btc is worth.

[JayJuanGee]

Binance getting regulated hard.

https://twitter.com/binance/status/1421033049098174468?s=21

No more futures/derivatives trading in several Euro countries.

Did that tweet get deleted, because when I click on the link, it shows "This Tweet is unavailable"

Bitcoin doing nicely while I was gone from here.

Yes.... hint, hint... #nohomo


 

Welcome back....

Are you ready to rumble?