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

[BitcoinBunny]

How convenient for the Fed that a new covid variant "suddenly appears" right before the month they talked about tightening?  

Money printer will never not go brrr. They just need an excuse for the public.

Isn't there another one of those fake debt "ceiling" meetings on Dec 3rd?

[1715621991]

1715621991

[1715621991]

1715621991

[1715621991]

1715621991

[1715621991]

1715621991

[1715621991]

1715621991

[1715621991]

1715621991

[Paashaas]

That sell-off..

Meanwhile, coin supply on exchanges are dropping lower.

Going to the gym for a 2-hour workout.

Been there done that for today

2 WoD’s at the crossfit

10-11 WoD

Hour between stretching

12.15 -13.15 WoD 2 (cardio one)

Good job with taking care of your body, keep pushing!

I did some jogging 2 times a week during spring and summer, having a break due to colder shit weather outside.

Visiting the gym 3 times a week at Monday, Wednesday and Friday.

Starting a 10 min cardio to warm-up the muscles followed with 3 chest --> 4 legs (2 times a week) --> 3 back --> 2 abs --> 2 shoulder --> 2 biceps --> 2 triceps.

Changing exercises once every 2-3 months to avoid adaptation. Shock the muscles with more reps from time to time to stimulate them for better muscle growth.

Protein shake after workout.  

[ChartBuddy]

Explanation

[cAPSLOCK]

in 6 hours and 10 minutes (4:00 pm london time) the futures will expire and bitcoin will start pumping. quote me

*Looks at watch*  

*Eats a little thanksgiving tenderloin*  

[cAPSLOCK]

How convenient for the Fed that a new covid variant "suddenly appears" right before the month they talked about tightening?  

Money printer will never not go brrr. They just need an excuse for the public.

Yep, of the 100 variants over the last few months, they decided to use this one for their media attack dogs. They know they can't taper, infact, they know that they must keep increasing the brrrr. Just needed that excuse to save face.

I think they've already seen the early retail data coming out, and realize that hardly anyone is buying anything anymore, for Christmas or otherwise. They already know that this shopping season is going to be a bloodbath of red.

The whole world is deflating, and they know it. So this is all a smokescreen cover for a controlled demolition of the world economy. Mass layoffs, lockdowns, and firings (due to non-compliance with a certain mandate) is not just a byproduct of all this, they are actively seeking a shakeout of tens of millions of people from worldwide employment. They need small businesses to fail and close permanently. They NEED it to maintain big corp profitability and to get more cheap debt fuel from the Fed.

A quick look at the falling labor participation rate proves this. Jobs that are permanently lost and never coming back.

Sadly this is pretty much the only working explaination that makes sence anymore.

They are crashing the markets over a long weekend in the US when they are either closed to the public, or only open 3.5 hours and they intend to take as much out of Joe Public's savings as possible.

Occams razor.

But one little light of solace. 

Wonder why people like Hillary Clinton are out in the news chirping about the evil Bitcoin?

Because it is NOT a part of this long laid out plan.  And they are beginning to see it is going to be trouble.

I hope President Bukele survives all this...  I would imagine people are talking about "sending a message".

[gembitz]

How convenient for the Fed that a new covid variant "suddenly appears" right before the month they talked about tightening?  

Money printer will never not go brrr. They just need an excuse for the public.

catch the knife be the knife ;-D reeeee

[shahzadafzal]

It’s dead.

[NeuroticFish]

It’s dead.

Not again...

[ChartBuddy]

Explanation

[bct_ail]

in 6 hours and 10 minutes (4:00 pm london time) the futures will expire and bitcoin will start pumping. quote me

Done

[BitcoinBunny]

Everything "non essential" forced to close at 5pm daily in The Netherlands from Sunday because of the extremely dangerous deadly mutating Coronavirus.

Interesting comment I just read:

"Then we will just reverse everything. Go to the pub from 12pm-5pm and THEN go to work."

 

[dragonvslinux]

in 6 hours and 10 minutes (4:00 pm london time) the futures will expire and bitcoin will start pumping. quote me

Done

Wouldn't be surprised to see price starting to recover now tbh. There was a final high volume sell-off past hour prior to futures close, but overall past 4hrs had more buyers than the previous 4hr -5% sell-off.



There are therefore definitely enough buyers in the market at current prices, whether that's enough to rebound has yet to be seen however.
Bouncing from here >$55K would confirm strong bullish divergence on 4hr chart which would be a strong sign though.

[vroom]

in 6 hours and 10 minutes (4:00 pm london time) the futures will expire and bitcoin will start pumping. quote me

Done

[ChartBuddy]

Explanation

[JimboToronto]

Good morning Bitcoinland.

Woke up to a nasty little covid-panic-induced dip.... currently $54406USD/$69592CAD (Bitcoinaverage).

At least it's not as bad as last year's "Mindrust" covid dip.

Makes me wish I had some extra fiat to sell.

With prices like these, even non-USA folk can enjoy a Black Friday sale.

[savetherainforest]

Fuck it.

Bought some more.

Good for you! Keep holding my bags plz.!

Price currently at the 0.618 fib retracement level from Summer low to new ATH. Don't be surprised to see a "coincidental" bounce from here from "the middle of nowhere".



Currently not ruling out $50K-53K support being tested, nor the 200 Day MA around $46K, that also line up with the 50 Week MA support trend-line, but it's also not necessary.
For reference sake, the 0.618 retracement level is considered the "golden buy zone" based on expected retracement level (correction) from bullish rallies.
Naturally, closing a Daily candle below this level would likely confirm further downside towards stronger support, but the day is currently far from over...

So.... I'm not saying $45K.... but........ neither $49K does not seem feasible. I'd say $47-48K and we have a deal. A bargain I might say! !! !!!          

[philipma1957]

I got more dip today.

I will get some more later.

[bitcoinPsycho]

I got more dip today.

I will get some more later.

Same

[philipma1957]

I got more dip today.

I will get some more later.

Same

I want to stack all I sold for gear this fall.

that would be .5 btc so far so good.

[Paashaas]

Everything "non essential" forced to close at 5pm daily in The Netherlands from Sunday because of the extremely dangerous deadly mutating Coronavirus.

Interesting comment I just read:

"Then we will just reverse everything. Go to the pub from 12pm-5pm and THEN go to work."

 

Stop lying and overexaggerate the situation. B.1.1.529 is not even active here, only 1 case in Belgium so far.

Hospitals are struggeling again with Delta patiens, doctors asked the goverment to take extra steps for some relief.

Did you ever seen a really sick Covid patient in the hospital? Shall i pick you up and drive to one of those hospitals to see it yourself?

Most of you anti-vaxxers clearly have absolutely no idea what they are talking about, living in their own conspiracy theory bubble.

Go help yourself find a doctor, go on vacation, do some sports, read books. Clear your mind with that bullshit otherwise you always stay in that conspiracy bubble.