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

[LFC_Bitcoin]

what is image hosting
https://twitter.com/100trillionusd/status/1456581634497581059?s=21



When God candle ser ?







what is image hosting

[1715400429]

1715400429

[1715400429]

1715400429

[1715400429]

1715400429

[1715400429]

1715400429

[1715400429]

1715400429

[cygan]

Good morning, gentle reminder that you can buy a fraction of a #bitcoin

https://twitter.com/LinaSeiche/status/1456583934591049731

[ChartBuddy]

Explanation

[somac.]

https://twitter.com/100trillionusd/status/1456581634497581059?s=21

Hell, at this rate I'd be happy for a 2k green candle

[kellrobinson]

Take a quadratic regression of time as a function of bitcoin’s daily closing price since July 7, 2010 (Mt Gox and Bitstamp concatenated):

Time is not a function of the price in the mathematical sense of "function", since there are multiple possible values of time for a given price (whenever the same price occurred at two or more different times).

I merited you for the effort anyway, but I think you can do better.

Okay, bro.

[kellrobinson]

The bottoms of that last chart come off as somewhat conservative, but I suppose that bottoms do tend to be conservative anyhow... but seeing so much sub $100k bottom projection in 2022 and into 2023 causes me less enthusiasm than seeing tops (even though I have been growing more and more fond of bottom analysis in recent years).

I will note that I can still appreciate the overall chart as still being quite bullish if we would thereafter consider that the projection of the yellow line would likely have some flat in 2023 and then perhaps start to slope UPpity in later 2023..and so at some point our bottom projection would thereafter get permanently above $100k... maybe around late 2024? - early 2025-ish?

Pushing time series extrapolations out that far is pretty speculative.  
This stuff is a moving target.  Like the way I kind of smushed the lumps under the previous cycles so that the last lump would fit.
This is the transform I used for the cyclical superposition.  Fitting all the bumps under bitcoin's price means they all can't be perfect.

[ChartBuddy]

Explanation

[d_eddie]

Yawn

Must be ups coming soon

Take a quadratic regression of time as a function of bitcoin’s daily closing price since July 7, 2010 (Mt Gox and Bitstamp concatenated):

Yawn

Must be ups coming soon

Surely we’ve tested support at these levels enough now?

I’m ready for euphoria now, come on FFS.

Just picking a few nits, just making sure you know you're replying to different eddies here.

[kellrobinson]

Pearls before swine.

[sirazimuth]

I see what you did there.

[ChartBuddy]

Explanation

[vroom]

[dragonvslinux]

Price remains bullish while holding the $61K local volume point of control. Bouncing off this support will likely bring about a re-test of $65,000 and a clear path towards higher highs. Below $60K the 200 MA on the 4hr chart is at $59K support, which if held would create a higher low than the wick down to $56.6K to build more momentum for a push to the upside.



The 9 month long consolidation accumulation zone is at $56.6K, also the 0.618 fib retracement level (of local low) where Bitcoin has seen the most trades since February 2021.

[eXPHorizon]

Hahah funny

[ChartBuddy]

Explanation

[aysg76]

So do you think the future scenes would be like this from bitcoin trader's house?



The dildos are going to be wild this time and fuck the bears this time hard 

So for those who don't have any coins or are still confused when is the best time to invest in Bitcoin there is meme for you all to have a look at :



See there is little word play here but that makes huge difference between them as on one side you wait for prices to dip like imagine now the prices are at $62k but you are waiting for them to come at $60k or low so you can invest but it doesn't come here for long time so you missed the opportunity but on the other side you invested at $62k and now we hit new ATH of $70k this month which will be soon so you gained approximately $8k on that with just holding your coins and if you have waited them to come below you will be termed as no coiner.

If you can have fraction go grab it because the time is near when you will demand it but there will be no liquidation as nobody is willing to sell.You could check the charts that most instructions and retail investors are holding their coins instead of selling.If you know smart investors accumulate more in bearish and make profit in bull.But you can justHOLD and it's that simple.

[NeuroticFish]

Why not


(made at iloveimg.com with this shuttershock image)

[bitcoinPsycho]

Hahah funny

So true

[ChartBuddy]

Explanation

[jojo69]