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

[Biodom]

lower bottom or not, I think of a major bounce in the next 2-8 wk, maybe even into September.
SP500 to 4300 (at least)
btc to above 28-29K (at least)
next couple of days are less clear, though.

[1715115224]

1715115224

[1715115224]

1715115224

[1715115224]

1715115224

[ChartBuddy]

Explanation

[sirazimuth]

Look on the bright side bros...
Arrie posted a pic of an awesome sarny. And homer fixed it no less!! (the pic, not the sarny, just to be clear)

...



....

That more than makes up for our lil friend King Daddy crashening down the toilet.
Perhaps...perhaps??

[Biodom]

sarny or sarnie?
does this word even exist in US English?
 

EDIT: https://en.wikipedia.org/wiki/Glossary_of_British_terms_not_widely_used_in_the_United_States
or
https://bestlifeonline.com/british-words-americans-should-know/

I love "bagsy" and "rasher" (which is not what you would expect!)

[philipma1957]

damn it Buddy, this is not Dec 2017 ...

so........ who sold at the top?


Oh dear... I just double posted and quoted myself.
Nully is rubbing off on me.
My apologies.
I'll try to keep my post less than 3 pages and 10 links...

I sold a good amount in the fall over 60k.

[Biodom]

damn it Buddy, this is not Dec 2017 ...

so........ who sold at the top?


Oh dear... I just double posted and quoted myself.
Nully is rubbing off on me.
My apologies.
I'll try to keep my post less than 3 pages and 10 links...

I sold a good amount in the fall over 60k.

a baller move...put you into talented trader territory (together with @LFC).

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[WatChe]

Another Sunday
We're waiting for better times
Another haiku

#haiku

#SundayMotivation


Image source : https://www.eachquotes.com/2021/09/bitcoin-quotes-top-cryptocurrency.html?m=1

[Hamza2424]

JUNE
Proved itswlf as the Worst Month of the Crypto market in the whole year 2022 that was totally unexpected,

Still According to the analysts the 140000 BTC per month are directly going to whale 🐋 Accounts as per Glassnode onchain analysis.
Still market is ahowing thw blods bath hoping good for July.

Crypto marlet moving sentiments are regular to be stick below 20 om the fear and greed index leading market is in the Panic amd may be more to be as much lose hands trying to exit from the market



Source: Telegram, Glassnode

[fr4nkthetank]

I'll have one of those 449% up months please

[Biodom]

I'll have one of those 449% up months please

I would take the second best 172% too.
let's go!

[ChartBuddy]

Explanation

[nullius]

Hey, this looks like an interesting discussion:

I will leave as an exercise to the reader the question of whether, if they could see America now, the signers of the American Declaration of Independence would run back to the king screaming, “Please forgive us!  Take us back!  We made a very big mistake!”

Just bear in mind that in that circumstance, they would likely also be able to see England now.

Just bear in mind that if the colonies that became the United States had instead remained under Crown authority, all subsequent history would have differed.  Most obviously, the American Empire could not have replaced the British Empire in the middle of the Twentieth Century.  Perhaps even more importantly, in my studied and unhumble opinion, the cultural disease which has destroyed England was incubated in the plutocratic American mercantile classes, the bankers, traders, and stock-jobbers, who had culturally metastasized from the same cancer that gave rise to the Cromwellian and subsequent revolutions in England.  In America, the cancer grew out of control; it eventually metastasized back to England, and ultimately, to the Continent.

I will leave it at that, lest anyone suspect that I may be an ultraconservative, aristocratic British Monarchist moonlighting as a rag-tag anarchist.

Lest any liberals try to strawman me as dogwhistling:  By “cancer”, I hereby refer to the breed of Gentiles who fit negative Jewish stereotypes worse than the Jews ever have, while Jews get all the blame.  The old-money American financial and later, industrial “robber baron” classes who defined America on the world stage were mostly not Jewish, in and of themselves.  They were predominantly Anglo-Saxon Protestants.  They were running America with an iron fist, back at a time when Jews were more or less unwelcome in their social clubs.

There are obviously also various other types of Americans, from Jeffersonian idealists to Texan—well, nowadays, to Texan Bitcoiners.  I refer to the politically dominant Americans who, like it or not, defined America’s place in history.

It is different now.

Indeed, it is.  As power has centralized into government entities that cannot be opposed by old-fashioned means of revolution, the dynamics of asymmetric warfare have also changed.

https://en.wikipedia.org/wiki/Hybrid_warfare

I began here to write something further.  Although it was nothing illegal—to the contrary, more like “the first principles of how to overthrow the system and burn it to the ground by legal, nonviolent means”—I decided that discretion is the better part of valour, at this particular moment.

On a more jovial note, this post’s subject does not refer to any of the persons who are quoted above.

[jojo69]

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ivomm]

lower bottom or not, I think of a major bounce in the next 2-8 wk, maybe even into September.
SP500 to 4300 (at least)
btc to above 28-29K (at least)
next couple of days are less clear, though.

This bear market is different and even more unpredictable than usual. For the moment it looks like any 5% increase is followed by a 15% drop. Nothing has changed since the last ATH. And this can only be explained by a massive BTCictoin spending as collateral to avoid liquidation and insolvency. Nobody knows if in the next days another fund will explode with 10K+ BTCitcoins on fire sell. For that reason most of the investors either lost interest or wait at the sidelines for the dust to settle. The so called institutional investors are hard to attract and even harder to keep when the price is 50%+ below their purchase price. Even if there is a disbelief rally to 35K+ in the coming weeks, the remaining institutional investors will sell at break even and some of the hodlers will sell something, knowing that a revisit to 20K is to be expected. If the pattern of the previous cycles is kept, the average price will gradually increase to 3x from the bottom until the end of 2024. Examples: 10K->30K, 15K->45K, 17.5->52.5K. And if there is a new ATH in 2025, it might be around only 2x from the last, i.e. 140K. This is what I think, but I might be awfully wrong in both directions, like sub 10K bottom and no new ATH in 2025, or the other extreme - a new ATH beyond 300K.

[eXPHorizon]

[El duderino_]