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

[El duderino_]

When to BTD at this point….

Recovery could happen fast, but have we seen the bottom-ish prices or not ….

"Serious" analyst targets are projected around $32k since ATH.
I didn't believe it myself at that time, but so far it seems to play out.
#NFA

Whom are serious analysts ? 

[El duderino_]

Thx @easterbunny

Dead by WoD atm

Battery empty 18.33 min for the WoD piece 30-24……6

[ivomm]

I was having a little hope that the market will be rational and the price would jump by 30% on the news of war, but alas! The market is still far away from being mature and reacting rationally to any news. Since I was in RL crisis during the previous dip to 33k and couldn't buy, now I will use the chance to buy my usual €5K. I don't want to see another dip to 30K or below it, but for me it would mean just more buying. I have no problems with buying the dips. I have problems with not selling anything after a long series of ATH's.   Now the sky looks grey and grim, but at the end of the year it may look bright and shiny with new ATH's. And this time I will stick to my guns and not letting my emotions getting in the way.

[lightfoot]

At this point I highly recommend that people take news reports less than 24 hours old with a serious grain (boulder) of salt. This is going to be a serious disinformation campaign, far more intense than the stuff we've been dealing with over the last 2 years.

That said, this is not good. People are going to get hurt with this shit. And the relative stability we have enjoyed over the last 30 years has pretty much been tanked. We'll see what comes out of it.

Look to examples in Prague, Hungary, Poland, and Afghanistan to see how this can play out.

I continue to be reminded of the Rick quote: "God Damn it, when did this shit become the default".

[naim027]

Give me a reason to be alive   I know I should HODL and don't Panic. But, I am running out of fiat. all my investment in Bitcoin now and I am trying to be strong. It was not a good idea to invest all in. I should wait more and follow DCA Method. But, I didn't. At this moment, If I sell $100 to buy food, I will lose another $100. Give me a reason to be alive

[lightfoot]

I was having a little hope that the market will be rational and the price would jump by 30% on the news of war, but alas! The market is still far away from being mature and reacting rationally to any news. Since I was in RL crisis during the previous dip to 33k and couldn't buy, now I will use the chance to buy my usual €5K. I don't want to see another dip to 30K or below it, but for me it would mean just more buying. I have no problems with buying the dips. I have problems with not selling anything after a long series of ATH's.   Now the sky looks grey and grim, but at the end of the year it may look bright and shiny with nes ATH's. And this time I will stick to my guns and not letting my emotions getting in the way.

One problem is that Bitcoin depends on trust and cooperation of parties. When people start throwing shells around that trust can be.... eroded and people go to ground with food, ammo, and booze.

A lot of things run on trust. We'll see where it goes.

[LFC_Bitcoin]

War is here, it’s not good but we will have the chance to buy very cheap bitcoin in the coming months I feel.

Who is ready?

I have large amounts of fiat, ready, let’s go!

[ChartBuddy]

Explanation

[BitcoinBunny]

I think Putin has gone to a point of no return.

As I warned before I think the waves of refugees heading to the EU and beyond will be immense!

To be honest, I expect more dumpage heading into the weekend and especially Sunday which is often the dump or rise day.


Ironically Russia is currently holding the presidency of the UN Security Council. (it changes next month).

[OutOfMemory]

When to BTD at this point….

Recovery could happen fast, but have we seen the bottom-ish prices or not ….

"Serious" analyst targets are projected around $32k since ATH.
I didn't believe it myself at that time, but so far it seems to play out.
#NFA

Whom are serious analysts ? 

I'm referring to those who take custody over real clients actual money. Not the twitter kind of "anal-ysts" 
Those who were calling the market right when most of the rest was blindly following comunity narratives, stupidly laughing at counter-opinions.
IF i would mainly trade, i'd listen to them, but for me it's only information, as a hodler.

I'll send you a PM, don't want to look like advertising here on WO...

[Imranbutt44]

Ironically Russia is currently holding the presidency of the UN Security Council. (it changes next month).

For those who think that United Nations has the power to stop the war.

[BitcoinBunny]

Ironically Russia is currently holding the presidency of the UN Security Council. (it changes next month).

For those who think that United Nations has the power to stop the war.

True.

All of these institutions and endless layers of government are just a shower of reactionist pieces of crap paying 100s of thousands or millions to a bunch of useless imbeciles:
EU
NATO
UN
and countless smaller political associations.

[cAPSLOCK]

Price musings as of 2/21/22
--cut blahblahblah--

I talked about how we get these sorts of capitulation bottoms in a downswing and I see one possibly on the way here.

I know thin TA is currently pissing people off here, and I will gladly quit posting this if enough people ask me to... no problem.  I have never thought I was good at drawing lines (or ovals) on charts.  But I have been watching bitcoin for 20% of my life.  Plus this is much more fundamental analysis, really.
But this might be the moment I was speaking of in the above post.  The sort of thing that happens like 3/12/20ish etc.

AKA a rare buying opportunity.

Now, THIS event, might have legs?  Maybe this is not the absolute moment.  And yes... maybe this is a dead cat bounce on the way down much further. 

Another sort of caveat:  We may also see some very negative actions specifically against Bitcoin on the way.  Maybe Russia starts using it as they continue doing thing the west is publicly hating on.  The assholes that run the current system might see a chance to try to kill bitcoin.  To hit it while it is down. Could happen.

All that to say... there could be more where this came from.  But Bitcoin rises from this too.  And this MIGHT be the day to buy a little. Speaking for myself.

[ChartBuddy]

Explanation

[Paashaas]

Anyway, i had a nice breakfast with a pre-work out drink, going to the gym for a 2-hour workout.

Gonna join bro …. This CF thing really clears my head

Program for today=




Only starting with the deadlifts

Pre workout drink @9.45, class starts at 10.15 cheers

Increased my gym subscription from 3 to 4 times a week since it re-opened.

Monday: chest, shoulder and triceps. Tuesday: legs, back, bicep and abs with planking positions.

Wednesday: rest.

Thursday: chest, shoulder and triceps. Friday: legs, back, bicep and abs with planking positions.

Saturday/Sunday: rest.

Doing compound exercises like barbell row, military press, deathlift in the begining when the muscles are still fresh. The deathlift is the king of all exercises which you can't ignore.
A full-body workout, it targets your upper (back, shoulders and arms) and lower body (glutes, quadriceps, hamstring and calves muscles) including the abdominal region.
It does not only helps with testosterone levels and growth hormones, increasing/strengthening your posture overall, it is also a real calorie burner for losing weight. Even back at home you continue burning calories.
There are serval types of deathlifts, pick one which is best for your weakpoints to train.

[savetherainforest]

Russia is Blitzkrieg'ing ALL of Ukraine's major cities. I changed my mind on Putin, he is kind of a dick. (even though WW3 is the result of the USA meddling in foreign countries all these years for their own national interests and pushing Russia into a corner)

Taiwan will be soon taken by China, mark my words.

Looks like WW3. Not even joking.

KK... Drone strikes for all Russia major cities.

Also, sink all the food ships to China so they can starve to death!

[Paashaas]

Congratulations communist ass kissers, Putin did not only attacked the Eastern part but the ENTIRE country.

You must feeling embarresed ore like a total idiot, isn't it?

Russia is a communist shithole, every (political) opposition, activists and journalists are geting killed and/ore arrested.

Remember Alexei Navalny (a good Russian), which Putin tried to kill but survived in Europe? When he came back at home he was immediately arrested with years of prison time which means Russian justice system is rotten to the bone.

Even Memorial Human Rights Center is banned...you know...communism and human rights does not go hand-in-hand.

[BitcoinBunny]

Russia is Blitzkrieg'ing ALL of Ukraine's major cities. I changed my mind on Putin, he is kind of a dick. (even though WW3 is the result of the USA meddling in foreign countries all these years for their own national interests and pushing Russia into a corner)

Taiwan will be soon taken by China, mark my words.

Looks like WW3. Not even joking.

KK... Drone strikes for all Russia major cities.

Also, sink all the food ships to China so they can starve to death!

You mock but you actually made an interesting point, for the first time from what I have seen.

If we don't expel China from the global trade machine this situation will only get worse for people in Europe mostly.

Russia is basically encroaching on European soil (see Belarus and Moldova also) and it is doing this by being bankrolled from mostly China (but also ironically partly using money from the west for gas & oil - 700 million dollars per day I heard, mental figures).

Both Russia and China should be shunned by the rest of the world and that should happen very soon.
Stop all imports, stop all trade.

This is why I made sarcastic remarks about Joe Biden the other day. Sure it deviates from the BTC talk but what is happening will influence everything and everyone including our BTC.
If we keep voting in weak ass geriatrics such as Joe Biden the west will fall.

They even seem to be enablers many of these politicians by preventing fracking, preventing local pipelines and constantly preferring to get energy and supplies from bastard countries whose political leaders basically can't behave like normal human beings.

[xhomerx10]

Message from my energy supplier:

My combined gas and electricity bill will rise 45% from April 1st.

 

Thinking about this some more, my energy supplier could have just msged me and said
"Sorry but your pounds are now worth 45% less."

 

 Or they could have said, "Thank you for your monetary support of the sanctions against Russia."

[BitcoinBunny]

Message from my energy supplier:

My combined gas and electricity bill will rise 45% from April 1st.

 

Thinking about this some more, my energy supplier could have just msged me and said
"Sorry but your pounds are now worth 45% less."

 

 Or they could have said, "Thank you for your monetary support of the sanctions against Russia."

True, I have been surprised to see much of the UK's energy mix (about 50%) coming from wind the last week during this horrendous weather.
But even so, the wind mills are probably made in China.