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

[cAPSLOCK]

I am in utter disbelief we just shouldn't be here.  

maybe 17.6 k was bottom? it was the high number for miner support bottom

There is no bounce, none. I don't beleive we have hit it till we see a bounce and at this rate that might be never.

Not sure yet 17602 to 18024 is a bit of a bounce

now flat in 17900-18000 and over 18.1 now


https://aggr.trade

So, my little mindrusts: who sold at the bottom?  

lol... sell...

cAPS is the ultimate sucker, I guess.

[1714039947]

1714039947

[Gachapin]

[...]

I have quite some BTC but I'm giving ETH a shot with some on-the-side-cash

I had a few billion of shibas/shibes wtf u call them, and I was so pissed that I had to pay ETH for the transaction. I had to send from my hard wallet some LTC on the swap wallet to buy 0.02 ETH for the fee. I was so mad that day and the stench of ETH stood with me in my mind for so long.    

Well I remember BTC having a >$50 transaction fee at one point when the market was crazy...
Things can get fixed...

$50? You gotta be joking! I paid 1 grand +  in fees to grab the forks back in 2017.  

I really loved the airdrops and forks around that time.  So much free money   

[JayJuanGee]

I am in utter disbelief we just shouldn't be here. 

EXACTAMENTE........!!!!!!!!


but we are...







fuck

I am in utter disbelief we just shouldn't be here.  

Same here... it's like some bizarre dream... a nightmare...  

Keep buying. Stop crying.              

Sometimes easier said than done.. you supposed currently blowing with the winds / waffling bulltard wannabe.   

the feelings are currently worse than the actual decline %.
It is "only" 74% for the current low vs 84% in 2018.
I guess it is because of a larger $ numbers in play.

I think that pessimistic feelings are coming from NOT ONLY that the BTC price bouncing around at or below the 200-week moving average for nearly a week (more than 5.5 days), but we have dipped to like 21% below the 200-week moving average within the past 90-minutes to our current low of $17,593 and that is not even clearly the bottom.. since in terms of time and even price hardly even very far of a distance from that..  So, it could be the bottom.. and still emphasizing how much we still have to make up just to get back up to the 200-week moving average.. but still also too soon to call that price from 90 minutes ago as the bottom of our current dippening, either.

[somac.]

We need another green candle to push us up over 19500

[Gachapin]

selling hasn't stopped yet, the 0.81104-gang is still selling their BTC chunks

[BobLawblaw]

Just bought some Eth at $890  

GET

OUT

[yefi]

Sorry, I mean the lenders like Celsuis, Blockfi/Three Arrows and others if there are.

Celsius' position on MakerDAO can be viewed here: https://defiexplore.com/cdp/25977. It can take a minute for the page to load.

Current liquidation price is $13,603, but can go up or down depending on whether collateral is provided or withdrawn.

Note this is not their only exposure, they also have 9-figure liabilities on other platforms (src).

[somac.]

selling hasn't stopped yet, the 0.81104-gang is still selling their BTC chunks

Probably the same lot who are longing futures on bitfinex.

[ChartBuddy]

Explanation

[OROBTC]

...

Just bought a smidge of BTC.  Sell signal for you all?

[Wilhelm]

Just bought some Eth at $890  

GET

OUT

HHAHAHAHAH If I buy some BTC can I stay?  

[BobLawblaw]

you over paid   I just filled in under 18k

Don't care.

Got filled @ $17,750 too!

Will get filled @ $17,500 and below as well!

 

[WastedLTC]

So, my little mindrusts: who sold at the bottom?  

Had my finger on the buy button waiting to see a liquidation spike us down... didn't happen....    So, waiting some more.    Too bad the same finger was on the same button clicking away when we were in the 50k range.      The sell button is tough to find...

[Biodom]

imho, at some point part of the oil money from ME would surge into btc.
It makes so much sense to do it right now while they still have gigantic profits.
That Nexo's Trenchev (with a 'strange' claim of 100K in 12 mo) might be on to something that we are not yet aware of.
js

[Gachapin]

Sorry, I mean the lenders like Celsuis, Blockfi/Three Arrows and others if there are.

Celsius' position on MakerDAO can be viewed here: https://defiexplore.com/cdp/25977. It can take a minute for the page to load.

Current liquidation price is $13,603, but can go up or down depending on whether collateral is provided or withdrawn.

Note this is not their only exposure, they also have 9-figure liabilities on other platforms (src).

Thanks so much. Very useful info!

[JayJuanGee]

Finally some signs of life!

gentleman....

oh wait ...maybe not....

We are just regular normies now..

been demoted

 

[...]

I have quite some BTC but I'm giving ETH a shot with some on-the-side-cash

I had a few billion of shibas/shibes wtf u call them, and I was so pissed that I had to pay ETH for the transaction. I had to send from my hard wallet some LTC on the swap wallet to buy 0.02 ETH for the fee. I was so mad that day and the stench of ETH stood with me in my mind for so long.    

Well I remember BTC having a >$50 transaction fee at one point when the market was crazy...
Things can get fixed...

oh gawd...    

I am in utter disbelief we just shouldn't be here.  

You are right.  But markets give 0 fucks about that.

I am just angry that every penny of capital I have either already IS bitcoin, or I need for my family and cannot risk, though the risk grows smaller and smaller.

Same here, I got 5.5 btc and $10,000 left in checking. Maybe I should get one of those bitcoin backed loans to buy more bitcoin.

Might be a good idea.

(whining)... need to feed my family... something something.. 13k bottom... blablabla.. my net worth just dropped 20%.... cry cry cry... have cash money left for 2 months living...

Now this feels like a real capitulation!  

Whoaza!!!!!!!


you fucking lucky bastard.  I would like to have had gotten a dippening in which my networth ONLY dropped by 20%... that would have been fucking amazingly bullish  would not have had to ration the hookers, lambos and blow as much, either.. win win.. .

[somac.]

imho, at some point part of the oil money from ME would surge into btc.
It makes so much sense to do it right now while they still have gigantic profits.
That Nexo's Trenchev (with a 'strange' claim of 100K in 12 mo) might be on to something that we are not yet aware of.
js

I don't know about that. After seeing what's happened in the space the last few weeks I reckon they would just use gold and issue their own gold certificates. BTC is better, no doubt, but it is just to unstable for now.

[Richy_T]

Some of you can use this (especially for this weekend).

also, try adding width= to make this image smaller.

Use like this: [img width= ]

Thx for the tip

I could do two monitors one lower and to the right of the other with the graph running across and down.

[BitcoinBunny]

[BTCaesar]

This time is different (to the dumpy side)