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

[Hueristic]

are we rich yet?

are we free yet?

 are we sane?

The definition is debatable.

[empowering]

https://youtu.be/oHs98TEYecM

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Wilhelm]

OT: Dutch farmers to their WEF-controlled govt: "Fuck you!"

https://twitter.com/TheRealKeean/status/1543300949870927873

The Dutch will go hungry if the farmers keep the protests up. Blocking many food distribution outlets from what I've read.

Maybe McDonald's is unaffected.

75% of our food is imported so we will only harm our export.

But yes we are expanding the Maasvlakte with poluting petrochemical companies however cow farts and farmers are apparently the problem.

[ChartBuddy]

Explanation

[Biodom]

The number of non-zero bitcoin addresses and coins in them keeps increasing throughout this bear (i posted the link here: https://bitcointalk.org/index.php?topic=178336.msg60504546#msg60504546), which makes me think that it is a fake-out engineered by the Wall street to bankrupt early lending firms (Blockfi, celsius, Voyager) and replace them with THEMSELVES with people like SBF being in kahoots with the banks, most likely.

The fact that BIS now allows 1% of funds in banks total assets being bitcoin and etc. points to this dynamic as well.

Conclusion: It was all totally FAKE (at least as far as 67.6-69K top is concerned) and very similar to how they pushed Internet stocks deep down in 2001-2002 to take the major positions in them at a deep discount.

[vapourminer]

are we rich yet?

are we free yet?

 are we sane?

The definition is debatable.

well sanity has its downsides anyhow. overrated.

[Hueristic]

are we rich yet?

are we free yet?

 are we sane?

The definition is debatable.

well sanity has its downsides anyhow. overrated.

thats why I like to compliment people by calling them my favorite type of crazy.

BTW

[Gachapin]

The number of non-zero bitcoin addresses and coins in them keeps increasing throughout this bear (i posted the link here: https://bitcointalk.org/index.php?topic=178336.msg60504546#msg60504546), which makes me think that it is a fake-out engineered by the Wall street to bankrupt early lending firms (Blockfi, celsius, Voyager) and replace them with THEMSELVES with people like SBF being in kahoots with banks, most likely.

The fact that BIS now allows 1% of funds in a banks assets being bitcoin and etc. points to this dynamic as well.

It was all totally FAKE (at least as far as 67.6-69K top is concerned) and very similar how they pushed Internet stocks deep down in 2001-2002 to take the major positions in them at a deep discount.

Totally possible

The last months of dumping looked rather fake and rushed (e.g. no bounces) in face of not even having had a parabolic spike top...
IMO nobody would sell that way, if he didn't want to collapse the price.

The question is:  Was it to simply hurt Bitcoin or was it to get a big position?

Like you, I tend to think it's the latter.  
Because if it was the former "they" would probably just create some harsh legislation and destroy the market.
Also, big players like Intel starting selling ASICs is a hint for me.

[BTCaesar]

are we rich yet?

are we free yet?

 are we sane?

are we bored?

are we still in Bear Market?

[cAPSLOCK]

Taking a stab.

[Biodom]

above 20K

[JimboToronto]

Benedict Arnold was a patriot, loyal to his king.

George Washington was an opportunistic traitor, glorifying himself and furthering his career through treason.

Happy 4th.  

[ChartBuddy]

Explanation

[goldkingcoiner]

Just a feeling.

[Biodom]

An 'alternative' bullish view that suggests that 69 was a "3", not a "5".
https://www.tradingview.com/chart/BTCUSD/YborCh2M-Is-Bitcoin-about-to-rally-to-110-120k/

I give this scenario a low chance (make it 20-30%), but it ALSO suggests a 47-48K point in a few mo, then 110-120K thereafter (this is a part of lengthening cycle model that suggest that the current bear is intermittent, like in the summer of 2013)

[Wilhelm]

Another teenage mass murderer in the USA.

 

Happy Independence Day... Ugh....

 

6 dead, dozens wounded in shooting rampage at July 4th parade in Chicago suburb of Highland Park

Don't know what's stopping usa from reviewing there gun law. This is crossing limits now.

Not going to happen, they are probably going to give everyone free guns to prevent shootings  

[ChartBuddy]

Explanation

[Richy_T]

Another teenage mass murderer in the USA.

 

Happy Independence Day... Ugh....

 

6 dead, dozens wounded in shooting rampage at July 4th parade in Chicago suburb of Highland Park

Don't know what's stopping usa from reviewing there gun law. This is crossing limits now.

Gun laws just got reviewed in the supreme court. Didn't go the way you'd like. Sorry, not sorry.