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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368019 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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July 04, 2022, 10:01:20 PM


Explanation
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July 04, 2022, 10:01:59 PM
Last edit: July 04, 2022, 10:43:57 PM by 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.
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what is this "brake pedal" you speak of?


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July 04, 2022, 10:15:01 PM
Merited by Hueristic (1)


well sanity has its downsides anyhow. overrated.
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July 04, 2022, 10:16:18 PM
Merited by vapourminer (1), suchmoon (1), sirazimuth (1)


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

BTW

Gachapin
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July 04, 2022, 10:37:24 PM
Last edit: July 05, 2022, 12:36:18 AM by Gachapin
Merited by vapourminer (1)

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.
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July 04, 2022, 10:55:26 PM


are we still in Bear Market?
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July 04, 2022, 10:56:35 PM




Taking a stab.

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July 04, 2022, 10:57:46 PM

above 20K
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July 04, 2022, 10:58:53 PM
Merited by sirazimuth (2), Hueristic (1)



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.  Cool
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July 04, 2022, 11:04:55 PM


Explanation
goldkingcoiner
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July 04, 2022, 11:10:10 PM



Just a feeling.
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July 04, 2022, 11:31:50 PM
Last edit: July 05, 2022, 02:42:01 AM by Biodom
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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
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July 04, 2022, 11:59:08 PM

Another teenage mass murderer in the USA.

 Roll Eyes

Happy Independence Day... Ugh....

 Cry

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  Tongue Roll Eyes
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July 05, 2022, 12:04:58 AM


Explanation
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July 05, 2022, 12:08:09 AM
Merited by cAPSLOCK (1)

Another teenage mass murderer in the USA.

 Roll Eyes

Happy Independence Day... Ugh....

 Cry

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.
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what is this "brake pedal" you speak of?


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July 05, 2022, 12:19:38 AM

BTW



thanks.

trying to figure out how to barbecue ramen noodles on the grill for tonights party.
ChartBuddy
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July 05, 2022, 01:03:27 AM


Explanation
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July 05, 2022, 01:18:08 AM
Merited by El duderino_ (10)

Another teenage mass murderer in the USA.

 Roll Eyes

Happy Independence Day... Ugh....

 Cry

 What the hell is in that pink and blue hair colourant and how quickly does it pass through the blood-brain barrier?
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July 05, 2022, 01:52:02 AM
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BTW



thanks.

trying to figure out how to barbecue ramen noodles on the grill for tonights party.

 


 Got one of these babies at my local Costco - great price too.  Right now I can only afford to grill cabbage and bread though.  HODL!
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July 05, 2022, 02:01:20 AM


Explanation
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