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

[ChartBuddy]

Explanation

[PhoenixZephyrus]

Well...it seems like users of Coinbase residing in Canada are in a bit of a pickle now...

[ChartBuddy]

Explanation

[xhomerx10]

https://www.cnbc.com/2022/03/24/russia-might-take-bitcoin-as-payment-for-oil-and-gas-as-sanctions-rise.htmlu

 

[ChartBuddy]

Explanation

[Arriemoller]

Russia is now mobilizing conscripts and scraping together what working material they can, here's a convoy that shows the state of the russian army right now.

https://twitter.com/GirkinGirkin/status/1507275250505027589?s=20&t=AmMRpDSoJtZpPj0zMpMeVA

They are scraping the bottom of the barrel.

 They're probably using Doordash, Grubhub, FoodPanda and UberEats or whatever their equivalent delivery apps are to get food to the front lines; none of those gig workers can afford to live a decent life let alone a decent vehicle so that's why it looks kinda rag-tag.

Don't think so, they're out of money.

❗️ Financial problems have started in the Russian military

The Main Intelligence Directorate of the Ministry of Defense of Ukraine informs:

▪️After the promised payments to the military of the invading army, the Russian military had problems with funding. As it turned out, the payment of these costs is not provided in the budget in any way. And considering the unsatisfactory state of the financial system of Russia due to the imposed sanctions, it is impossible to find additional funds in the budget.

▪️Particularly, in the temporarily occupied Crimea, after the payment of «assignment allowances» to those who took part in the war against Ukraine, the available limit of military funds in February was completely exhausted. There is no funding for any payments for March.

▪️Similar situation with the payment for Russian «private military company» mercenaries participation in the war. Cases of refusal to go to the territory of Ukraine are becoming more frequent. The reason is non-fulfillment of the concluded contracts terms. The commandos do not receive funds for participation in operations, compensation for injuries and promised «social guarantees».

[ivomm]

The EU's landmark legislative package for governing crypto assets is moving on to the next stage of negotiations without the divisive provision seeking to restrict the use of proof-of-work crypto.
The parliament has not challenged the negotiation mandate for MiCA, Berger tweeted early on Friday. The deadline for challenging the mandate ended at midnight on Thursday, according to Berger.
https://www.coindesk.com/policy/2022/03/25/eus-mica-bill-moves-forward-without-bitcoin-limiting-provision/

[suchmoon]

Russia is now mobilizing conscripts and scraping together what working material they can, here's a convoy that shows the state of the russian army right now.

https://twitter.com/GirkinGirkin/status/1507275250505027589?s=20&t=AmMRpDSoJtZpPj0zMpMeVA

They are scraping the bottom of the barrel.

 They're probably using Doordash, Grubhub, FoodPanda and UberEats or whatever their equivalent delivery apps are to get food to the front lines; none of those gig workers can afford to live a decent life let alone a decent vehicle so that's why it looks kinda rag-tag.

Don't think so, they're out of money.

https://www.usnews.com/news/world/articles/2022-03-21/russian-officials-solicit-donations-for-soldiers-fighting-in-ukraine

Some highlights:

Local officials in Russia's Belgorod region bordering Ukraine have set up collection points where citizens can drop off donations of socks, medicine and tinned food for Russian troops fighting in Ukraine, according to messages from the officials seen by Reuters.

... "Friends, right now for our military the most important thing is medicine: strong pain relief, cold medicine, cough tablets, bandages, syringes, insulin, Novocaine, Lidocaine."

"We are also accepting personal hygiene items, socks, hats, gloves, thermal underwear, cigarettes, head torches."

The items requested by the association head in the chat included compasses, analogue watches, and AA and AAA batteries.

He said he had handed over tea, food, and undergarments.

They'll start asking to donate weapons and vehicles soon I think. Well, it's Russia so probably not so much "asking".

[ChartBuddy]

Explanation

[Biodom]

Contrary to prior bitcoin "species" classifications...in 2022, 616 btc tx makes you a 'whale'...probably 60 btc in 2025, then 6 in 2030-35.

https://www.benzinga.com/markets/cryptocurrency/22/03/26300799/bitcoin-whale-moves-616-btc-off-coinbase

[savetherainforest]

Well...it seems like users of Coinbase residing in Canada are in a bit of a pickle now...

SHeeeeeeeeeeiiiiii!TTT !!              


[<Brace FOr Impact>]

[ChartBuddy]

Explanation

[Toxic2040]

the evening wall report


Bitcoin closed at $44,340.60 today with upwards momentum intact as bullish signals continue to be observed. I actually am having a hard time articulating what I am feeling right now but I know you all feel it too. The World is changing...your still early...step aboard for the ride.


dyor

mastodon trumpets and leads the charge
4h


shoots of corn grow in the sunlight
D


the weekly chart looks close to a significant bullish crossover on the MACD and span A resistance fading
W

stronghands



-------

re fedbase
there is and will be more regulations...its just up to(you)the people to stand up against the surveillance machines that corporations and nation states have become
get out there...bang on doors...emails...phone calls..what ever it takes    the change is upon us... make it happen
they will talk about this era for the next thousand years...point to it and say this where everything became different
you are a part of that  we are part of that
i am humbled

[jojo69]

If Bitcoin Dies, Freedom Dies With It

Bitcoin’s prolonged stability and global adoption are not only beneficial, but necessary for free societies to thrive.

[PoolMinor]

Buy now, buy often...

-PoolMinor









https://www.bitfinex.com/order-book/?pair=BTCUSD

[ChartBuddy]

Explanation

[JayJuanGee]

I actually am having a hard time articulating what I am feeling right now but I know you all feel it too.

If we (not sure whether this would be royal?) attempt to temporalize the sensation of lil selfie, then whatever happens to be contained therein should flow outwardly more easily, no?

#justsaying...**



**I am not even claiming to be original in my attempts at framing and/or problem-solving what might be happening in bitcoinlandia... Yesterday (around this time), the connections seemed to flow so easily out of ur lil selfie.. and so maybe signs are materializing within the zen-zone a possible endening to our earlier temporal... which goes without saying may (before anyone appreciates it - even your closest rival, ImThour) result in either flat or DOWNity..  ../....


I hate to make these statements, really...

[ChartBuddy]

Explanation

[goldkingcoiner]

Are all particles decentralized? If every particle is fundamentally the same particle; produced by the same fundamental conditions, can they be produced anywhere in the
universe? That might explain both the particle wave duality and the particle pair production as a phenomenon of the conservation of energy law. Gonna try to figure this one out.

Think of it this way: red is information. Red is also a known and established color that only has one appearance attribute, being red.
A red car, a red flower, a red book. So the information "red" is decentralized but always present everywhere. It's the physical attribute to different forms which makes it something more than just red (like different particles having different quantities of energy, but having different forms)

And don't tell me to google QFT. Its not the same.

[Toxic2040]

I actually am having a hard time articulating what I am feeling right now but I know you all feel it too.

If we (not sure whether this would be royal?) attempt to temporalize the sensation of lil selfie, then whatever happens to be contained therein should flow outwardly more easily, no?

#justsaying...**



**I am not even claiming to be original in my attempts at framing and/or problem-solving what might be happening in bitcoinlandia... Yesterday (around this time), the connections seemed to flow so easily out of ur lil selfie.. and so maybe signs are materializing within the zen-zone a possible endening to our earlier temporal... which goes without saying may (before anyone appreciates it - even your closest rival, ImThour) result in either flat or DOWNity..   ../....


I hate to make these statements, really...

a lot of ways to go here...but i think ill go this way    

what I am saying is that I think the number will continue to go up well into April and beyond...some consolidation...some profit taking....markets gunna market
big picture...things look to be accelerating with adoption and use case...its talked about extensively pretty much every day on most MSM outlets now
its increasing its roll in international settlements and has been declared legal tender in sovereign states
right now in this moment bitcoin and by extension 'cryptocurrencies' are probably the most discussed thing amongst nations....besides the actually fighting in Ukraine and the threat of escalation from Russia
I think the mining costs of bitcoin are around $30-$35kish?  some perhaps as low as $20k..but probably not many at that lvl     halfing in...yeah...two years...but...thats not all that far really...gunna have to start pricing that in soon
maybe $60k-$70kish?  thats not counting inflation or energy cost spikes i guess   but really...is a bitcoin just worth what it costs to mine?  dont think so really myself     or if it is...probably best to put some profit in there so people can move it around

i am also saying that on the daily the 50ma inflected and appears to be in a more upwards and sideways mode than in a downwards and sideways mode   might fill up to $50k-$52kish easily and have a nice cup and handle and then maybe a spot of tea

so...  dyor


stronghands