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

[ChartBuddy]

Explanation

[1715048530]

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[1715048530]

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[1715048530]

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[1715048530]

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[jojo69]

[ChartBuddy]

Explanation

[empowering]

I have had the thought over the years, since Steve Jobs died.....that on some important levels basically Apple=Steve Jobs..... and that they would struggle to innovate and take and maintain market share in the same way that they did, yes, I realise that there is was is MUCH more to Apple than just Steve Jobs, and that as an entity they still have plenty of resources to continue, and thrive even, I just think it is a different beast altogether now sans Jobs.


Not getting into the pros- and cons, of Job's approaches, n Apples walled gardens n all.. nor anything else re OS, or his business approach...personal life etc.... and I am not a "fan boy" for Jobs, though, I do take my hat off to him in some ways, the guy had a good eye, you have to give him that...


....but it is the way he died I cannot believe....you know he shunned treatment, at stages early enough that it really could have made a difference for him, because he calculated wrongly on some other alternative treatments. Not just once either, he had several points where he could have changed his mind before it was too late.... Although, it is a pretty nasty cancer he died from. Pretty fucked story...   his ego, in this instance seemed to work against him... the pictures of the guy, near the end


(ps, I almost am OT here compared to your original post, and I acknowledge your point..... and lets face it Apple did kill it)


(pps,     yes and of course Woz, was, important too....Jobs jus was in a different way)

[empowering]

https://youtu.be/E3s-qZsjK8I

"big! little! big! little! GET ON IT!!!!"

[Gambit2s]

Update here,

Looking like one more Dip is on the way Good news for the Limit Orders,

Now we are entering a new majour Support Level $16.5K.
LETS see how far it Goes.

Wow almost immediately after you posted this bitcoin went up to 19700.

Keep em coming

[cAPSLOCK]

Many years ago, my doctor told me my cholesterol was slightly elevated (I don't remember the exact numbers but it was 0.1 over the top number in the range) and signed me up for a course on how to eat.  When I saw the list of foods I should avoid, I told the nurse I would rather be euthanized than to live without coffee, eggs, cheese, cream, butter and meat.  Back then, euthanasia wasn't an option so I took the sheet home and never looked at it again figuring I would die from the effects of cholesterol eventually.

The biggest irony is that it is a complete myth (lie) that high cholesterol is caused by any of those things on that list.

The myth is perpetuated by garbage studies, paid for by the corrupt health associations, that don't do proper controls. The survey subjects that they find that have high cholesterol primarily eat diets high in sugars, carbohydrates, processed foods, and processed seed oils... and also so happen to eat eggs, cheese, cream, butter, and meat. So those studies falsely associate the latter foods with high cholesterol. (As a side note, these high cholesterol subjects also show highly elevated levels of triglycerides, which are typically associated with chronic consumption of large amounts of alcohol as well. Interesting, right?)

They NEVER do a controlled study on people who have diets primary of the latter (meat, cheese, diary, eggs, butter) but not the former (sugar, carbs, processed foods, seed oils). This is by design. They actually WANT that misassociation so they can then sell it to the public.

You want to reduce your cholesterol? Stop eating sugar, carbs, and junk that's not real food. Keep the meat, cheese, whole milk, eggs, butter. Eat clean, healthy vegetables. Cook with ghee, real butter, and/or a high quality olive oil. Stay away from seed oils.

I would also say, stay away from alcohol. It's basically high-test liquid sugar but with worse effects on the endocrine system, internal organs, liver, etc. But I know very few will do that, lol.

OT: As a follow-up to this conversation, check out this study:

Study: Low fat diets reduce men’s testosterone levels
https://www.news-medical.net/news/20210409/Study-Low-fat-diets-reduce-mene28099s-testosterone-levels.aspx

Totally makes sense since testosterone is made (in part) from cholesterol.  I eat keto so no problems there.  Any low t I have is genetics and age.

[JimboToronto]

Good day Bitcoinland.
One nine two nine six dollars
(Bitcoinaverage).

So here we are:
Another Haiku Sunday.
It's time to relax.

Bird's in the oven,
Just made some margaritas
For my wife and me.
____

Still buying the house,
Found alternate financing...
No more Bitcoins sold!

Small reverse mortgage
Fully open with low rates
From private lender.

I can wait it out:
No payments necessary
And no banks involved.

The best part is that
I can use rent revenues
To buy more Bitcoin.

The next ATH
I can pay off the mortgage
With no penalty.

All I can say is:
Life is good. Thank you Bitcoin.
Life is very good.

[Hamza2424]

Wow almost immediately after you posted this bitcoin went up to 19700.

Keep em coming

Well By the way that was an indication and you better know indication might be wrong or True my work is until what i think to let you know.
Point 2 then BTC agin fell down to 19.2 so still don't be hopeful

For the months market I'm Bullish always as all WO members are and i got something for you buddy.

[ChartBuddy]

Explanation

[gallianooo]

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.

Based of the previous cycle, the increase from the bottom was 3K end of 2018 till 14K in june 2019, so almost x5 not x3.

[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.

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.

Based of the previous cycle, the increase from the bottom was 3K end of 2018 till 14K in june 2019, so almost x5 not x3.

yes, but (14/3.1)X 17.6 would be 79.5, an ATH, while in 2019 we went to roughly 70% of prior ATH.
70% of 67566 is 47.3K, a very possible number that already figured multiple times in prior discussions.
I just don't want to talk about it as a high probability target mid term. If we get there, it would be awesome, sure.

[vapourminer]

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.

Based of the previous cycle, the increase from the bottom was 3K end of 2018 till 14K in june 2019, so almost x5 not x3.

yes, but (14/3.1)X 17.6 would be 79.5, an ATH, while in 2019 we went to roughly 70% of prior ATH.
70% of 67566 is 47.3K, a very possible number that already figured multiple times in prior discussions.

math and numbers and math and numbers and ... bleh!

all i wanna know is: are we rich yet?

[ChartBuddy]

Explanation

[Ludmilla_rose1995]

Wow almost immediately after you posted this bitcoin went up to 19700.

Keep em coming

Well By the way that was an indication and you better know indication might be wrong or True my work is until what i think to let you know.
Point 2 then BTC agin fell down to 19.2 so still don't be hopeful

For the months market I'm Bullish always as all WO members are and i got something for you buddy.

One thing I really love about bitcoin is that it always surprises me. the bitcoin price may stay at the current price for the next few months but the bear market will definitely change to bull

[TrustedBitcoiner]

are we rich yet?

are we free yet?

[ChartBuddy]

Explanation

[WatChe]

Always choose your financial advisor wisely.



Image source

[ChartBuddy]

Explanation

[xhomerx10]

are we rich yet?

are we free yet?

 are we sane?