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

[ChartBuddy]

Explanation

[philipma1957]

We are 50% through the fourth #Bitcoin Epoch!



50% of Blocks have been mined since last halving.
105,000 to go!
Expected halving date: 3 May 2024!

Kinda near my birthday

I expect big things from the fallout of the next halving. I dunno if our last bull run was diluted due to the fall out from what COVID did to the world economy. We did not have a blow off top like after previous halving’s.

I really think $250,000+ will be the price of 1BTC at some point in 2025 (obviously it always takes a while for the supply shock to take effect on the price post halving).
We will get the fireworks that we were promised in 2021.

Now is a good time to buy but I am waiting for lower with a large stack of fiat.

Regarding the bottom, it seems that we have 3 higher lows 28K, 34K and 37K. Unless WW3 starts, I don't see how this trend will be broken and 30K revisited. The bad news is that despite the supply shock, the derivate market remains a major threat to any significant price increase.  When it will  be enough to overcome the gravity of the derivates is hard to predict. Wall Street and SEC are doing everything possible to suffocate the price. I'm sure that 100K and then 300K will come at some point, but may be not so soon.

yeah they will keep us in the 28.8-69.8 slot as long as possible.

[El duderino_]

[Hueristic]

Never change the WO name please

I was going to vote yes as a joke but realized if too many of us did that it wouldn't be funny and the joke would be on us!

[machasm]

Never change the WO name please

I was going to vote yes as a joke but realized if too many of us did that it wouldn't be funny and the joke would be on us!

Yeah got to be careful with that sort of thing.
I voted Conservative as a joke and look where that got us (UK)!

OT More dumpinings?

[ChartBuddy]

Explanation

[ivomm]

...
P.S. Sub 39K again. Another blow to the high leverage longs. They NGMI unless they lower the leverage to ... 1 The other option is to hang themselves after the gazillionth liquidation. Hodlers dont care  

This turned out to be a massive unexpected long squeeze down to $36500.

[_javi_]

As chartbuddy cant even cope with the dumps and follow the price.. he doesnt deserve a thread.

Mamma mia.
I pray the Lord for health to survive my 3rd fu#$ing bear market

[machasm]

...
P.S. Sub 39K again. Another blow to the high leverage longs. They NGMI unless they lower the leverage to ... 1 The other option is to hang themselves after the gazillionth liquidation. Hodlers dont care  

This turned out to be a massive unexpected long squeeze down to $36500.

What is it with these degenerates?
They just seem to keep doing the same mistake over and over again.
Like a true addicted gambler they believe that 'This time its bound to go my way'
Losers.

[Torque]

Last train.

Look for close at or above $37,700.

[JimboToronto]

As chartbuddy cant even cope with the dumps and follow the price.. he doesnt deserve a thread.

Chartbuddy isn't about the price. It's about the walls.

That in itself is a reason to continue calling this the Wall Observer.

[Blue King]

 

[naim027]

No no no no,

Wait wait wait wait,

$37070

 

[empowering]

[Blue King]

BTC Market Crash

[El duderino_]

[Torque]

Deep pocket whales dumping into their own walls is technically not a long squeeze.

Thanks for coming to my trading Ted Talk.

[ChartBuddy]

Explanation

[Torque]

PMs price action today continuing to prove that all markets are rigged. 

[naim027]

BTC Market Crash

[img height=300]https://i.ibb.co/XpHSc3S/IMG-20220505-214238.jpg[img]

It's not a Crash, It's an opportunity to buy more.


A Brand New Video Meme. Dedicated to @cAPSLOCK, @JayJuanGee, @LFC_Bitcoin, @El duderino_

Note: No Offense. Just For Fun.

https://www.youtube.com/shorts/-P24HqyjPjY