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

[ChartBuddy]

Explanation

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[modrobert]

Old Trudeau is a bit of a fuckface isn't he?

Trudeau vows to freeze anti-mandate protesters' bank accounts
https://www.bbc.co.uk/news/world-us-canada-60383385

Deputy Prime Minister Chrystia Freeland said at Monday's news conference that banks would be able freeze personal accounts of anyone linked with the protests without any need for a court order.

Vehicle insurance of anyone involved with the demonstrations can also be suspended, she added.

Ms Freeland said they were broadening Canada's "Terrorist Financing" rules to cover cryptocurrencies and crowdfunding platforms, as part of the effort.

"Hey you with that truck over there honking all the time, you are a terrorist so I'm taking your Bitcoin."  

... fucking little facist, totalitarianism always comes through the left

... and these idiots here cheering for mandates ... just make me sick ... lick those jackboots you snivelling little cowards ... for your health safety of course

I consider myself "left", but still think what you wrote is true. My kind of "left" have a lot more in common with the "right" regarding these issues, always had a problem accepting authority and dislike bootlickers.

[shahzadafzal]

Remember some weeks back when I wrote that I didn't know if I had Omicron or just bad rheumatism?

Well yesterday in the mall I saw a sign offering antibody tests for half price so I took one.
And I have antibodys, so it was Omicron I had back the.

To all the rest of you sick guys, get well soon and take lots of vitamin D.
Don't know about the hydration craze, just makes you pee like crazy, I hydrated normally and that worked just fine. The important thing is not to dehydrate.

Price going up Yo!

It’s always going up…



https://www.google.com/search?q=how+many+dollars+are+printed+daily&rlz=1CDGOYI_enAE928AE928&oq=how+many+dollars+are+printed+daily&aqs=chrome..69i57.16680j0j4&hl=en-US&sourceid=chrome-mobile&ie=UTF-8

[mia_houston]

Well, we have reached the first resistance level, on the way to a new ATH, now we are trying to gain a foothold above this mark.



Analyst from glassnode told about the reasons for the slowdown in growth: https://insights.glassnode.com/the-week-onchain-week-07-2022/

The fact is that traders began to choose a hedging strategy and prefer protective insurance rather than speculative actions. This is due to the expected decision of the Fed in March to raise rates, so many are now lowering their risks. Against this background, finally, there was a decrease in leverage in derivatives markets and a decrease in open interest (from 2% to 1.76%)

Today bitcoin is starting to increase and is starting to try to go back up, but I think maybe this will not last long because investors are starting to get influenced by the issue of the geopolitical war between Russia and Ukraine, so they might prefer to monitor what will happen in the next few days before deciding to enter or stay out of the market in my opinion, but seeing the price resistance you say is at the $44K level, I might be a little curious if it is possible if the bitcoin price can break through that price resistance in the next few hours, even if bitcoin able to penetrate it, do you think it will be a sign that bitcoin will return to a bullish trend?

[ChartBuddy]

Explanation

[ImThour]

BTC - I am seeing some sort of similar pattern being created.
Just want to have this image on WO to come back to in future.

[JimboToronto]

... fucking little facist, totalitarianism always comes through the left

Wrong terminology.

Fascists are right wing. Trudeau is slightly left wing.

Call him a Commie if you want to sling mud.

HONK HONK #BITCOIN FUNDRAISING 

https://store.bitcoinmagazine.com/collections/honk

Another excuse to accuse Bitcoin of "funding terrorists".

[ChartBuddy]

Explanation

[ivomm]

Overwhelming support for Grayscale BTC Trust ETF conversion proposal

Bloomberg senior ETF analyst Eric Balchunas had a look through some of the more recent comments on Feb observing that 95% are in favor of the proposed conversion.

https://cointelegraph.com/news/overwhelming-support-for-grayscale-btc-trust-etf-conversion-proposal

[cAPSLOCK]

... fucking little facist, totalitarianism always comes through the left

Wrong terminology.

Fascists are right wing. Trudeau is slightly left wing.

Call him a Commie if you want to sling mud.

HONK HONK #BITCOIN FUNDRAISING 

https://store.bitcoinmagazine.com/collections/honk

Another excuse to accuse Bitcoin of "funding terrorists".

I personally think "Fascist" is one of the very worst understood political labels thrown around.  And the new tech-socialism does indeed have some fascist sorts of aspects.

But I think Trudeau is an idealistic socialist and has fully fallen for an unsustainable narrative driven by groups like the WEF.

I also think his action in the last few weeks are a TERRIBLE mistake and I am hoping that we see the police and military eventually defend the population gathered in the streets of Ontario rather than follow unrighteous commands from a leader who has clearly lost his countries heart.

Then again, I am somewhat irritated when people from other countries wax judgemental on my homeland... so I will shut up about yours after only saying I am impressed by the fact that Canadians are standing up against the pressures of creeping tyranny much better than my own countrymen.

[ChartBuddy]

Explanation

[mia_houston]

but seeing the price resistance you say is at the $44K level, I might be a little curious if it is possible if the bitcoin price can break through that price resistance in the next few hours, even if bitcoin able to penetrate it, do you think it will be a sign that bitcoin will return to a bullish trend?

It can break through, but this is not enough, it is necessary to confidently gain a foothold above this resistance level so that we can talk about continued growth. I do not rule out that we can soon see 50,000, at least for a short time. In any case, I like the position of the holders, they do not capitulate, but continue to accumulate. I followed suit.

I also hope that we all can see a high bitcoin price and maybe reach a new ATH, but as we know right now the global market is in an uncertain condition, an increase in inflation that might happen, the Russian invasion of Ukraine which might also affect the market global, thus making many stock prices begin to fall, is it possible that bitcoin will also experience the same thing in your opinion?
I personally am not someone who is an expert in analyzing bitcoin prices, but when I see you summarize all the possibilities like your post above, to be honest I really want to enter the market at this time, but I am afraid that later I will be trapped in high prices if the price declines suddenly, what do you think is the support level price for the bitcoin price for now?

[fr4nkthetank]

"I am hoping that we see the police and military eventually defend the population gathered in the streets of Ontario rather than follow unrighteous commands from a leader who has clearly lost his countries heart."

that's delusional.  all parties asked the protestors to go home.  also, fuck em (says 3/4 of canada)
edit: nice little stash from protestors at one of the border crossings.  Restrictions are ending, time to end the economic blockade and reopen the car plants.  take credit if ya want

[ChartBuddy]

Explanation

[suchmoon]

Another excuse to accuse Bitcoin of "funding terrorists".

Nah, Bitcoin is like Toyota. If "terrorists" use it, it must be really good.

[BobLawblaw]

Wrong terminology.
Fascists are right wing. Trudeau is slightly left wing.
Call him a Commie if you want to sling mud.

At the risk of sounding pedantic, the polarity-shifting and meaning of left/right has been in flux so much over the last two decades, I'm not sure it's fair to state fascism is limited to the right wing, moving forward.

We are living in clown world now, unfortunately.

Language is being redefined in near-realtime.

[Torque]

Justin Castro 'Trudeau' ordered banks to freeze the bank accounts of protesters.

Insurance companies were ordered to cancel the car or truck insurance policies of protesters.

Protesters are not allowed to use any cryptocurrency as that now falls under "Terrorist Financing" rules.

The tyrant does not need any court orders as he declared a State of Emergency and showed his true colors.

Under the State of Emergency act, the government can arrest and detain anyone without trial.

He is forcing mandates on the people to take an experimental drug with no clinical trial data, with proven lethal or serious lifelong side effects and with zero legal repercussions, for what at this point amounts to a fucking cold (provided you even get infected at all). And being vaxxed spreads the virus even more.

All Canadians who support him on this are complicit in supporting tyranny. This is wrong and insane, and they should know that.

Goodbye personal liberty and freedom in Canada. When internment camps?

[Paashaas]

Fidelity International launched a bitcoin exchange-traded product in Europe to meet increased demand from institutions.

https://bitcoinmagazine.com/business/fidelity-international-launches-bitcoin-etp-in-europe

[philipma1957]

Wrong terminology.
Fascists are right wing. Trudeau is slightly left wing.
Call him a Commie if you want to sling mud.

At the risk of sounding pedantic, the polarity-shifting and meaning of left/right has been in flux so much over the last two decades, I'm not sure it's fair to state fascism is limited to the right wing, moving forward.

We are living in clown world now, unfortunately.

Language is being redefined in near-realtime.

Absolutely true.  Can't say anything without someone saying you are abusing them.

No sense of unity much like the tower of Babel we are being spilt off one another.

I remember finding out that the word "oriental" was considered  an insult by many people.

So I had to add a new word to the list of what not to say.
The List is really fucking long now.

oh well

I guess that is how the world is.

[ChartBuddy]

Explanation