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

[ivomm]

I am opening a 100x 1x leverage long position for €5k 

[1715024508]

1715024508

[1715024508]

1715024508

[fillippone]

Microstrategy did it again.
They bought another 1,000 BTC using investors’ money.
More info here

EDIT:
Ah!
I, read the docs, wrote and edited my post on my thread via mobile, linked it here, and still managed to beat @El Duderino_ at it.
Lol!^{My life is miserable and I spend too much time staring at screens}

[El duderino_]

Rinse and repeat

[cAPSLOCK]

Looks like news of the China real estate defaults are starting to affect corn prices negatively?

This is a fascinating dynamic to me.  The Chinese real estate meltdown stands to be the gasoline on the fire that has been burning since the similar situation 13 years ago (that Satoshi mentions in the genesis block).

And that will have possibly profound effects on ALL markets.

But, as we are aware bitcoin has a particular property that makes it a VERY attractive haven in the midst of a storm like the one I think we are watching unfold.

So, I think as this gets worse all markets drop as money is moved to risk off investments.  Bitcoin is still crazy speculative, and poised to be the most pristine risk-off asset in the world.

As much as I would like to see Bitcoin;s famous volatility fade a little?  I do not think we have seen the end of it yet.  But it should be interesting to watch.

[El duderino_]

Microstrategy did it again.
They bought another 1,000 BTC using investors’ money.
More info here

Fast posting by Italy

[OutOfMemory]

I am opening a 100x 1x leverage long position for €5k  

HFSP  

Looks like news of the China real estate defaults are starting to affect corn prices negatively?

This is a fascinating dynamic to me.  The Chinese real estate meltdown stands to be the gasoline on the fire that has been burning since the similar situation 13 years ago (that Satoshi mentions in the genesis block).

And that will have possibly profound effects on ALL markets.

But, as we are aware bitcoin has a particular property that makes it a VERY attractive haven in the midst of a storm like the one I think we are watching unfold.

So, I think as this gets worse all markets drop as money is moved to risk off investments.  Bitcoin is still crazy speculative, and poised to be the most pristine risk-off asset in the world.

As much as I would like to see Bitcoin;s famous volatility fade a little?  I do not think we have seen the end of it yet.  But it should be interesting to watch.

China banned Bitcoin. Coincidence?

[ChartBuddy]

Explanation

[Torque]

Looks like news of the China real estate defaults are starting to affect corn prices negatively?

This is a fascinating dynamic to me.  The Chinese real estate meltdown stands to be the gasoline on the fire that has been burning since the similar situation 13 years ago (that Satoshi mentions in the genesis block).

And that will have possibly profound effects on ALL markets.

But, as we are aware bitcoin has a particular property that makes it a VERY attractive haven in the midst of a storm like the one I think we are watching unfold.

So, I think as this gets worse all markets drop as money is moved to risk off investments.  Bitcoin is still crazy speculative, and poised to be the most pristine risk-off asset in the world.

As much as I would like to see Bitcoin;s famous volatility fade a little?  I do not think we have seen the end of it yet.  But it should be interesting to watch.

Risk off as in deflation of ridiculous 100X leverage? Yes. (the price will move down or be flat in the short term as it finds a new bottom)

Risk off as in hedge funds NOT acquiring the underlying bitcoin asset on the DL? No.

As traditional overinflated equity markets drawback, all that money will be looking for safe hedge assets to run to. Because cash is still trash, and they know it.

Let's see what happens in the New Year.

[eXPHorizon]

https://www.youtube.com/watch?v=lLuhWLNqpiA


This is how it looks today

Slap slap slappidy slap hhh


https://www.youtube.com/watch?v=alMMyxtJ2fA

[JimboToronto]

Good morning Bitcoinland.

The battle for $50 rages on... currently $48952USD/$62133CAD (Bitcoinaverage).

C'mon Bitcoin. Get up.

I honestly don't mind paying my fair share of tax. Can't be greedy now. Just a heads up to all in the uk

I very much mind paying any tax to such fuckers, when instead the government could just print some more fiat from fresh air. In fact, when a government can magically create money from nothing whenever it wants, it makes me question why I've been paying taxes my whole life.

[goldkingcoiner]

Rinse and repeat

Why would they buy them at 57.4k? Seems a bit high, even when buying large amounts.

[ChartBuddy]

Explanation

[El duderino_]

https://cointelegraph.com/news/whatsapp-starts-testing-currency-payments-with-meta-s-novi-wallet

[serveria.com]

Rinse and repeat

Why would they buy them at 57.4k? Seems a bit high, even when buying large amounts.

A bit high? Now maybe some noobs may think so. But in the long run I believe we are almost guaranteed to call it cheap. 

[dragonvslinux]

Price is coming back towards long-term moving average support, would be very surprised to not see a bounce from here:



50 Week MA rising bullish @ $47,385
200 Day MA rising bullish @ $46,590

Time to create some bullish divergence on the RSI by looks of it, double bottom incoming, or bulls will get front run.
Don't be fooled by any wicks that might poke lower to liquidate fresh longs. Patience is a virtue.

I wouldn't be surprised to see 50 Week MA tested again anytime this week, or otherwise the 200 Day MA around $46.5K, given that it hasn't been re-tested yet since the initial crash and recovery

[hisslyness]

Rinse and repeat

Am I the only one thinking he paid $7k too much for each coin?

[BitcoinBunny]

Rinse and repeat

Am I the only one thinking he paid $7k too much for each coin?

There's probably a few of you who think it's too much.
But Saylor doesn't give a fuck. He buys BTC when he has dirty fiat available.
He believes it will go up forever Laura. So it doesn't matter to him at all what happens short term.

It makes me believe Saylor more actually rather than the endless shillers such as Musk and all the YouTube twats who jump from one thing to the other (fucking Dogecoin, Eth, Meta shite or NFT) just because it's fashionable and suits their bank accounts.

[shahzadafzal]

Target $135k

https://twitter.com/naiiveclub/status/1468967547764547585?s=21

[ChartBuddy]

Explanation

[naim027]

According to DdmrDdmr's Merit dashboard. WO is the Most Merited thread.

93429 Merits have been transferred between WO thread contributors.
Look at the From and To Numbers. Only From 721 Members to 893 members.

On Average, Every merit senders send 129.58 Merits.
And Every merit receiver got 104.62 Merits. On Average. Heck yeah.
Post per Merit Ratio: 1 : 2.30

New Milestone Soon (100K Merit from a Single thread)

Congratulations WO thread Contributors.