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

[BitcoinBunny]

Great we have a dinosaur in charge of our centralised bank.

If this guy would to ever leave the job perhaps they can dig up some T Rex bones and use that as a replacement.

Bank of England chief Andrew Bailey warns on cryptocurrencies after market plunge saying they have 'no intrinsic value'
https://www.dailymail.co.uk/news/article-10845107/BoE-chief-Andrew-Bailey-issues-stark-warning-cryptocurrencies.html

[empowering]

Great we have a dinosaur in charge of our centralised bank.

If this guy would to ever leave the job perhaps they can dig up some T Rex bones and use that as a replacement.

Bank of England chief Andrew Bailey warns on cryptocurrencies after market plunge saying they have 'no intrinsic value'
https://www.dailymail.co.uk/news/article-10845107/BoE-chief-Andrew-Bailey-issues-stark-warning-cryptocurrencies.html

What a pleb.


Has he looked at the rest of the markets?


What does he feel about the value of fiat currencies after him and all of his cohorts in pleb have inflated the fiats by 80% over a few years.


....and of course the daily mail and all of the rest of the dying media give asshats like him a platform to spew their bullshit.


Cannot wait for these assholes to retire/die

[danadc]

A point of view where they show a possible price range of BTC, is it likely to happen?

For instance, Bitcoin has defined a clear support floor at $28,870 and a stiff resistance barrier at $30,750. A decisive four-hour candlestick close outside of this range will determine where BTC will go next. The formation of a symmetrical triangle suggests that upon the break of the stagnation period, prices will move by 17.70%.

Under such circumstances, a breach of the $30,750 resistance level might result in an upswing to $35,300, while dipping below the $28,870 could see Bitcoin take a nosedive to $24,400.

Source: https://cryptobriefing.com/bitcoin-ethereum-poised-for-volatility/?utm_source=feed&utm_medium=rss

This price level is good, although it seems to me that it will not reach $ 24K for now, I think that because of what Muhcos speak they expect a small bullish rally, I hope that things between USA and China do not transcend with the problem of invading Taiwan , this may affect the market.

[jojo69]

Tomorrow the Wright v McCormack trial starts, and it's important that people (especially journalists) have an understanding of the background of this case, because sometimes fact is stranger than fiction.

[Paashaas]

Japan's second largest bank to launch institutional Bitcoin, crypto custodial services.

Sumitomo Mitsui Trust, Japan's second largest bank, is creating a new company called Japan Digital Asset Trust to offer custodial services for bitcoin and other cryptocurrencies for institutional clients, according to a report by Nikkei Asia.

The new company will hold assets like bitcoin and other cryptocurrencies for large investors and corporations because the company reportedly believes investors will feel more comfortable if the custody of those assets can be held by trusted financial institutions

Restaurant software giant Lavu enables Bitcoin and crypto payments in more than 65 countries.

Global restaurant software provider Lavu announced on May 19, that they’re now in cooperation with Verifone a global FinTech payment solution provider.

The partnership will offer smooth integration of Lavu’s restaurant software suite with the Verifone FLEX payment options, enabling the companies based in more than 65 countries to offer a unique point of sale (POS) solution with multiple modern payment methods to their customers.

[empowering]

Japan's second largest bank to launch institutional Bitcoin, crypto custodial services.

Sumitomo Mitsui Trust, Japan's second largest bank, is creating a new company called Japan Digital Asset Trust to offer custodial services for bitcoin and other cryptocurrencies for institutional clients, according to a report by Nikkei Asia.

The new company will hold assets like bitcoin and other cryptocurrencies for large investors and corporations because the company reportedly believes investors will feel more comfortable if the custody of those assets can be held by trusted financial institutions

Restaurant software giant Lavu enables Bitcoin and crypto payments in more than 65 countries.

Global restaurant software provider Lavu announced on May 19, that they’re now in cooperation with Verifone a global FinTech payment solution provider.

The partnership will offer smooth integration of Lavu’s restaurant software suite with the Verifone FLEX payment options, enabling the companies based in more than 65 countries to offer a unique point of sale (POS) solution with multiple modern payment methods to their customers.

Good stuff

[ChartBuddy]

Explanation

[Gachapin]

Great we have a dinosaur in charge of our centralised bank.

If this guy would to ever leave the job perhaps they can dig up some T Rex bones and use that as a replacement.

Bank of England chief Andrew Bailey warns on cryptocurrencies after market plunge saying they have 'no intrinsic value'
https://www.dailymail.co.uk/news/article-10845107/BoE-chief-Andrew-Bailey-issues-stark-warning-cryptocurrencies.html

Funny how say all the same after the Luna blow up.  For sure they are watching the market.  And for sure they know Bitcoin is a threat to their brrrrrrrrrr

[cAPSLOCK]

Tomorrow the Wright v McCormack trial starts, and it's important that people (especially journalists) have an understanding of the background of this case, because sometimes fact is stranger than fiction.

I really really really really really hope the courts smash Wright into a little burnt out cinder.  He had his sugarpapa will call it the victory of the decade, but whatever.

[Hueristic]

Tomorrow the Wright v McCormack trial starts, and it's important that people (especially journalists) have an understanding of the background of this case, because sometimes fact is stranger than fiction.

I really really really really really hope the courts smash Wright into a little burnt out cinder.  He had his sugarpapa will call it the victory of the decade, but whatever.

That cocksucker has been protected by three letter agencies forever, I wouldn't count on too much.

[ChartBuddy]

Explanation

[Torque]

Tomorrow the Wright v McCormack trial starts, and it's important that people (especially journalists) have an understanding of the background of this case, because sometimes fact is stranger than fiction.

Funny how articles have always mentioned that Jon Matonis and Gavin Andresen maintain that they weren't tricked, however neither one of them have bothered to reach out to CSW since then and said, "Hey Craig, let me see that evidence again. Just to be doubly sure that you are indeed Satoshi." Also neither have ever have asked him directly to sign messages as proof.

Not once. They just shrug and move on. Don't really seem to care about definitive proof.

That speaks volumes.

[ChartBuddy]

Explanation

[Torque]

When the MSM trot out so called "experts" to make absurd bottom predictions like this, it means that the bottom is likely already in.

https://www.cnbc.com/2022/05/23/bitcoin-btc-could-fall-to-8000-a-70percent-drop-guggenheims-minerd.html

Example: I distinctly remember back in 2015 when Gold was around $1150/oz. The "experts" in the MSM were all saying it could drop as low as $700/oz. It never even got close to that, just another -$100 and that was it. Don't listen to these idiots.

This idiot Minerd also said, "I don’t think we’ve seen the dominant player in crypto yet." Wat? Bitcoin IS the dominate player, fool. For 13 fkn years now.

[Gachapin]

When the MSM trot out so called "experts" to make absurd bottom predictions like this, it means that the bottom is likely already in.

https://www.cnbc.com/2022/05/23/bitcoin-btc-could-fall-to-8000-a-70percent-drop-guggenheims-minerd.html

Good grief  


That guy already had his success as a contrarian indicator when he "called" the last bottom.

https://www.bloomberg.com/news/videos/2021-07-21/bitcoin-could-drop-to-15-000-guggenheim-s-minderd-says-video

[xhomerx10]

Great we have a dinosaur in charge of our centralised bank.

If this guy would to ever leave the job perhaps they can dig up some T Rex bones and use that as a replacement.

Bank of England chief Andrew Bailey warns on cryptocurrencies after market plunge saying they have 'no intrinsic value'
https://www.dailymail.co.uk/news/article-10845107/BoE-chief-Andrew-Bailey-issues-stark-warning-cryptocurrencies.html

 Well based solely on my limited experience (because I was unable to convince anyone else in several years of its value), ownership of bitcoin is intrinsic to a higher quality of life.  If you don't believe it or don't get it, I don't have the any more time to convince you, sorry.

[shahzadafzal]

Sorry to disappoint you guys but it's confirmed the planned green dildo event has been postponed for another week.

[ChartBuddy]

Explanation

[savetherainforest]

This feels like a great and really feels like a nice day to see a dump!

I see you too want 8th 9th weekly red candle

Yeah... sure... fairy tales!!          

[empowering]

Son of a bitch....

Mel Gibson, spent $30 million dollars of his own money making Passion of the Christ.....


And it took like a billion dollars worldwide at the box office.


What a G.


(he made around 400 mil)