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

[aysg76]

When 45?

No, but when 100k?

Next target $50k on the charts soon and then maybe road to $100k also soon.The bull rocket has been launched.

[1714187718]

1714187718

[1714187718]

1714187718

[bitebits]

Just in case anyone thinks they know anything based on drawing some lines. Bitcoin goes to infinity, stop daytarding.

https://twitter.com/anilsaidso/status/1424223833347661826

[Syke]

45 been touched 

In Russia, 45 touches you.

[marcus_of_augustus]

frankly I would have thought 45k to meet some solid resistance, the bull is strong here ... 64k and ATH is really not that far away when it gets like this

... face-melting rally mode, 2nd stage engaged

[becoin]

The dollar is in a free fall. Dollar cultists are REKT. Again.

[aoluain]

45 been touched  

A friend has texted me this morning something they were keeping an eye on for the last
48 hours and at €43k the blue hash ribbon flashed "BUY".



I'm copying a post I made from yesterday >

A rare bullish bitcoin signal, the difficulty ribbon compression, has started pumping up for the first time since the bull run started.

I have been told by a Bitcoiner friend that when this signal flashes Blue historically
Bitcoins price doesnt go below it, apart from the big selloff related to COVID.

I'm still trying to wrap my brains around this but its looking like this buy signal is an
indication that we are going up very soon which would mean we are leaving 2018
values further behind.

Further reading > https://www.tradingview.com/chart/BTCUSD/oXBM6kA5-BITCOIN-Massive-HASH-RIBBON-Buy-Signal-Incoming-The-NEXT-TIMES/?utm_source=amp-version

[El duderino_]

[ChartBuddy]

Explanation

[cygan]

The good news is that the more you learn about #Bitcoin, the easier it becomes to HODL.

https://twitter.com/BitcoinMagazine/status/1424128261668413446

[fastlight]

Could there be a correlation between the progression of the talibans on the liberation of Afghanistan and the price of BTC? Who knows...


https://4.bp.blogspot.com/_dNDcHtiKdf4/S8cG3o6wmTI/AAAAAAAAG6k/WTiTGV25ECw/s1600/taliban+praying.jpg

but God .

[ChartBuddy]

Explanation

[bitebits]

+50% in 18 days:


https://twitter.com/adam3us/status/1424283110053715968

[Mbitr]

Just a quick one 
https://twitter.com/btc_archive/status/1424046348215672836?s=21

[dragonvslinux]

45 been touched  

A friend has texted me this morning something they were keeping an eye on for the last
48 hours and at €43k the blue hash ribbon flashed "BUY".



I'm copying a post I made from yesterday >

A rare bullish bitcoin signal, the difficulty ribbon compression, has started pumping up for the first time since the bull run started.

I have been told by a Bitcoiner friend that when this signal flashes Blue historically
Bitcoins price doesnt go below it, apart from the big selloff related to COVID.

I'm still trying to wrap my brains around this but its looking like this buy signal is an
indication that we are going up very soon which would mean we are leaving 2018
values further behind.

Further reading > https://www.tradingview.com/chart/BTCUSD/oXBM6kA5-BITCOIN-Massive-HASH-RIBBON-Buy-Signal-Incoming-The-NEXT-TIMES/?utm_source=amp-version

Thanks for sharing! Had been keeping an eye on hash ribbons for past few days, but flipped back to VPVR and didn't realise the first buy signal since November 2020 had been confirmed  
Doesn't quite mean the price goes moon moon from here, there is still a chance of a -35% drop roughly last I checked, but every buy signal previously has been a good one (apart from December 2019 arguably, though was still a good price overall).
Currently Coinbase confirmed 1 buy signal on the Daily, while Bitstamp is now flirting with a second buy signal today. Still nothing on the Weekly, but I imagine this will follow suit once the 200 Day MA is breached  

Edit: Literally after writing this the BLX, Coinbase & Bitstamp buy signals have now disappeared   I guess the hash rate source must have been re-calculated or something, since yesterday's closing price couldn't have changed??



My guess: some manipulation is in play from the hash rate source that confirms the hash ribbons buy signal. Never seen a buy signal confirm and then cancelled  
Going to look through the source code to see which source is being used...

[ChartBuddy]

Explanation

[El duderino_]

https://cryptosrus.com/rothschild-investment-company-plunges-into-crypto/?fbclid=IwAR0MG2yKxf9_gtim5BVcoI1-ILNetSW7UGB-g72OPFTCPv6Fpj62nwcshA8

[El duderino_]

+50% in 18 days:


https://twitter.com/adam3us/status/1424283110053715968

https://twitter.com/bitcoinmemehub/status/1424285662098956293?s=21

Since
You beat me to it…. I had to found another one

[Karartma1]

Bear with me, that's an upcoming bull run.
 

[dragonvslinux]

A friend has texted me this morning something they were keeping an eye on for the last
48 hours and at €43k the blue hash ribbon flashed "BUY".



I'm copying a post I made from yesterday >

A rare bullish bitcoin signal, the difficulty ribbon compression, has started pumping up for the first time since the bull run started.

I have been told by a Bitcoiner friend that when this signal flashes Blue historically
Bitcoins price doesnt go below it, apart from the big selloff related to COVID.

I'm still trying to wrap my brains around this but its looking like this buy signal is an
indication that we are going up very soon which would mean we are leaving 2018
values further behind.

Further reading > https://www.tradingview.com/chart/BTCUSD/oXBM6kA5-BITCOIN-Massive-HASH-RIBBON-Buy-Signal-Incoming-The-NEXT-TIMES/?utm_source=amp-version

Thanks for sharing! Had been keeping an eye on hash ribbons for past few days, but flipped back to VPVR and didn't realise the first buy signal since November 2020 had been confirmed  
Doesn't quite mean the price goes moon moon from here, there is still a chance of a -35% drop roughly last I checked, but every buy signal previously has been a good one (apart from December 2019 arguably, though was still a good price overall).
Currently Coinbase confirmed 1 buy signal on the Daily, while Bitstamp is now flirting with a second buy signal today. Still nothing on the Weekly, but I imagine this will follow suit once the 200 Day MA is breached  

Edit: Literally after writing this the BLX, Coinbase & Bitstamp buy signals have now disappeared   I guess the hash rate source must have been re-calculated or something, since yesterday's closing price couldn't have changed??



My guess: some manipulation is in play from the hash rate source that confirms the hash ribbons buy signal. Never seen a buy signal confirm and then cancelled  
Going to look through the source code to see which source is being used...

Yesterday's buy signal is back 

[ChartBuddy]

Explanation