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

[ChartBuddy]

Explanation

[LoyceV]

Didn’t make the same mistake this time, dumped 25% of my bags between 53.8k & 65k, set for life & now, seeing this dump & likely transition to bear market……
~
I hope none of you made my 2017 mistake & deludedly thought bitcoin won’t go down.
If you did, I hope you can live peacefully until the next bull cycle which will start in 2024. If you sold nothing don’t worry, we will hit 100k & above but not in 2022 & most likely not 2023 either. 2024 & 2025 we ride again.

First, I still have hopes we don't hit the bear market yet. After all, It's too round at the top. It need to be pointy. I also think the influence of halvings becomes less and less powerful, and the 4 year cycle will at some point be a thing of the past. Dollars and euros going up against Bitcoin just doesn't make sense!
But (for now), I regret not selling some close to the peak. In 2017 I sold some right before the peak, and I sold a substantial part at the end of 2019 2020 to pay taxes. The price at that time was less than half of what it is now, and that sale makes me feel uncomfortable selling more now. After all, my bags are too small to be "set for life". If that would have been the case, I would have done the same as you did, but unfortunately I need a slightly higher price for a decent amount of "set for life". "Locking in" set-for-life status while keeping 75% in Bitcoin looks like a very good scenario to me

[ivomm]

Ignoring the %'s which excite mostly the traders, why any hodler would panic sell 1BTC for nearly 30K less than 2 months before? Only n00bs with less than a year experience can do such nonsense. Speaking of n00bs, where are all those new twitter laser eyes profile pics now? Only the most hardened hodlers can keep the laser focus no matter what happens. And this applies not only for 100K, but for any price actually.

Some declared in May 2021 that because the crash was 55% (much more than the usual 40% crashes during the bull years) that the bull run had ended. I replied that this is like to tell in the middle of the Summer that because the temps dropped 15C more that usual, the Summer is over. I was right and we saw another ATH later in the year. In the same way, just bacause it happened in the previous halving cycles, it is not clear yet whether we are entering a bear year. May be the chances are ~50% for that but not much more. It can happen that 2022 will be like 2017, starting with a 40% crash, and ending with some insane ATH's above 300K.

The truth is we are in uncharted teritories with no exponential top and probably no 2-3 years bear market with a 85% bottom. I have the gut feeling that this is the bottom and we will get above 80K after 3-4 months. The poll is still broken, but I'm not ready with my prediction of the 2022 top price, anyway. 160K, 330K... Perhaps? Or we've already seen the top price, God forbid  

[ChartBuddy]

Explanation

[ImThour]

I see a pattern.

And if not…. Then we just make the first yellow line a longer one…. So always there will be a pattern 

Smart lad, cheers.

[ChartBuddy]

Explanation

[bitcoinPsycho]

Bye bye Firefox






https://mobile.twitter.com/mozilla/status/1479143342495744009



https://duckduckgo.com/about

https://duckduckgo.com/app

[ChartBuddy]

Explanation

[LoyceV]

Bye bye Firefox

Lol. Wait until they discover how much energy the internet uses! They might want to shut down their web browser business.

[eXPHorizon]

Bye bye Firefox

Lol. Wait until they discover how much energy the internet uses! They might want to shut down their web browser business.

Yes... The Mining Grid is so Power Hungry you have no clue. If we put Internet E-Consumption we calculate it to be somewhere 13% of the whole Mining Grid. That is nowhere near the power consumtion of a Mining Grid

[somac.]

Bye bye Firefox






https://mobile.twitter.com/mozilla/status/1479143342495744009



https://duckduckgo.com/about

Mozilla has lost a lot of credibility with their support of the fake left and their divisive identity politics, this announcement certainly doesn't help. But there is no real non-chromium alternative. Mozilla will probably die out completely in 5-10 years anyway though.

[somac.]

Sheeeit.

Yeah

My guess is we are getting a dump down into the 30s this weekend. Hopefully the last though.

Gonna head off for 12 hours and not check the price. I hope that when I check the price again we have bounced from here. Got to be oversold right now.

With a profile signature like that I woudn't worry much... 

I now draw an income from bitcoin instead of selling it, higher prices are better for that too.

[ChartBuddy]

Explanation

[eXPHorizon]

Lets not forget the Fact that 99.99% of GPU and ASIC Miners will end up here

[shahzadafzal]

Lets not forget the Fact that 99.99% of GPU and ASIC Miners will end up here

How about 15 billion mobile devices? Which are expected to reach 18 billion by 2025.

[ChartBuddy]

Explanation

[BitcoinBunny]

Lets not forget the Fact that 99.99% of GPU and ASIC Miners will end up here

Worries about some GPU cards and ASIC miners.... 

"How $300 Million Cruise Ships Are Demolished"
https://www.youtube.com/watch?v=WMor47rIcl8&ab_channel=BusinessInsider

[ChartBuddy]

Explanation

[El duderino_]

RIP

[El duderino_]