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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26369754 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.)
Cryptotourist
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July 08, 2022, 07:57:20 AM

YOU ARE ALL A BUNCH OF CUNTS !!!



Huh, &^$@$%^^&*%£%£@@%&!!!



Probably looking at a few lifetimes of jail here.
If only I was Japanese … not that those WEF cucks will leave it at that.
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All good things to those who wait


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July 08, 2022, 07:58:12 AM
Merited by Husires (6), Lucius (1), ImThour (1)

Finally, after 8 months of waiting we have a dead cat bounce! And all this because of the "good news" of some ponzis paying fiat debt and getting back their BTC collateral. Once again the market is irrational. These ponzis are specialized at coordinated BTC shorting to give the clients the proper yield in BTC. My guess is that they will wait for the cat to stall somewhere in the 26K-35K range, to resume the shorting.

The real question is will this bear market finish until the next halving or this time it will be different. I don't know how much BTC collateral all these ponzis have in total, but it seems enough to defend any short position even if there are not many BTC left on the spot exchanges. All this is of course just a speculation for the future, but it's been a 100% reality in the last 8 months. In this case the price will move something like this in the next 2.5 years: 17.5K->35K->20K->25K->15K (the last bottom might be around 12K or lower)->20K->30K->20K->42K. And then hopefully some good news will boost the next 2025 bull run to a brief last ATH in the 168K area (just a SOMA number like every other). This is the optimistic version. I don't want to speculate what will happen if these ponzis hold the price below the last ATH in 2025. It would be very dissapointing indeed.
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July 08, 2022, 08:03:26 AM


Explanation
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July 08, 2022, 09:03:34 AM


Explanation
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July 08, 2022, 09:27:42 AM

Holy fuck, Shinzo Abe assassinated
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July 08, 2022, 09:39:48 AM

Holy fuck, Shinzo Abe assassinated

Yeah when I read he was dead it shocked the hell out of me. Wonder what the hell went down there?!?
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July 08, 2022, 10:02:43 AM
Merited by fillippone (3)

…..the price will move something like this in the next 2.5 years: 17.5K->35K->20K->25K->15K (the last bottom might be around 12K or lower)->20K->30K->20K->42K. And then hopefully some good news will boost the next 2025 bull run to a brief last ATH in the 168K area.

Not sure about a brief last ATH but this is exactly where I think the price direction will go in the next 3 years.
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July 08, 2022, 10:03:27 AM


Explanation
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Bitcoin Bottom was at $15.4k


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July 08, 2022, 10:05:16 AM
Merited by Husires (6), fillippone (3), NeuroticFish (2)

the price will move something like this in the next 2.5 years: 17.5K->35K->20K->25K->15K (the last bottom might be around 12K or lower)->20K->30K->20K->42K. And then hopefully some good news will boost the next 2025 bull run to a brief last ATH in the 168K area.

This is what I think how price might move in upcoming months:
17.5k -> 28k -> 15k -> 19k -> 12.5k
12.5k > 22k -> 28k -> 45k

ATH to be near $180k once we start the bull run after Bitcoin Halving in April/May 2024.
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July 08, 2022, 10:05:35 AM
Merited by JayJuanGee (1)

Finally, after 8 months of waiting we have a dead cat bounce! And all this because of the "good news" of some ponzis paying fiat debt and getting back their BTC collateral. Once again the market is irrational. These ponzis are specialized at coordinated BTC shorting to give the clients the proper yield in BTC. My guess is that they will wait for the cat to stall somewhere in the 26K-35K range, to resume the shorting.
~snip~

I was hoping that all these companies would fail, which would be the best sequence of events regardless of the negative impact on Bitcoin in the short term. However, as things stand, this crypto circus will continue and people will continue to believe in fairy tales after all - because irrational behavior during the pandemic has become even more pronounced than before.
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July 08, 2022, 10:24:36 AM

OT: Ok, so I've seen on multiple financial channels now where financial analysts have repeated that "Stocks will begin to rise when a full-blown recession is confirmed."

What a fucked up world we live in now when that statement is supposed to make any sense.   Huh

I guess the idea is that after a recession there is a recovery, so they're already anticipating that, but it seems very premature indeed. Alternatively recession means rate cuts and free money again, but that would mean inflation also has to recede.
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July 08, 2022, 10:29:16 AM
Last edit: July 08, 2022, 10:41:40 AM by BitcoinBunny
Merited by fillippone (3), JayJuanGee (1)

Holy fuck, Shinzo Abe assassinated

Yeah when I read he was dead it shocked the hell out of me. Wonder what the hell went down there?!?

From BBC:

Quote
The man who is suspected to have shot Japan's former Prime Minister Shinzo Abe has been identified by Japanese media as 41-year-old Tetsuya Yamagami, a resident of Nara city.

He is reported to be a former member of Japan's Maritime Self-Defence Force, the country's navy, but the defence ministry has not officially confirmed this.

Japanese broadcaster NHK reports Yamagami as telling police he was "dissatisfied with Abe and wanted to kill him".

The Japanese sometimes seem very emotional with business, careers, work. Wasn't the Sony executive crying in a public address over some issues with Playstation at some point?
Maybe this 41 year old is some disgruntled imbecile with regards to his career or whatever.

I believe the Japanese work long hours, have hardly any immigration or emigration, low birth rate and their economy is in the toilet after much of their electronics manufacturing has gone over the pond to China and Indonesia.
Russia "seizing" the gas supply to Japan recently (Sakhalin-2) could have even more consequences on Japan.

Random thoughts about Japan:
  • The world would be much poorer with regards to videogaming without Japan. Nintendo, Sony all awesome stuff they have contributed and really pushed innovation a lot.
  • Yamaha is still a great company with regards to music instruments even if many of their products are no longer made in Japan.
  • Clips I've seen from their silent library TV show are hilarious.
  • I find it fascinating their porn is completely crazy and very different than the constant gonzo stuff that has taken over the hub. Lots of gangbanging, fake incest and doing this invisible man fucking women in classrooms, offices and whilst giving news reports. Weird shit.
  • Many Japanese women seem gorgeous but I don't think they give a shit about western men unlike a place like Thailand or Philippines. Possibly the low immigration and emigration figures have something to do with that.


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July 08, 2022, 10:39:04 AM

Japanese culture is fascinating indeed. I wouldn't really want to live there, though, and countries with low birth rates frighten me, all these old people around with less and less young... I'm not advocating for making babies like rabbits, quite the contrary, I'm all for population decline, but it should be gradual over decades, with let's say 1.8 children/woman. In my country where this is about the number, and we also have lots of immigration (way too much and from the wrong countries...), old people are already making grocery runs on Saturday mornings and week evenings, when they could do it when we're at work, just because they want to see younger people, so imagine a society with many more old ones and few young ones, these poor young people would be literally harassed ! Also more and more of the economy would be around taking care of old people, not really inspiring.
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July 08, 2022, 11:04:55 AM


Explanation
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July 08, 2022, 11:46:53 AM
Merited by goldkingcoiner (1)



https://twitter.com/liz_churchill_/status/1545010860078292992?s=20&t=ewt_Sx12j51nHHoZ8hcC1A
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July 08, 2022, 11:49:57 AM




https://twitter.com/StockShaman/status/1545115605270810624?s=20&t=ewt_Sx12j51nHHoZ8hcC1A
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July 08, 2022, 11:51:28 AM

Japanese culture is fascinating indeed. I wouldn't really want to live there, though, and countries with low birth rates frighten me, all these old people around with less and less young... I'm not advocating for making babies like rabbits, quite the contrary, I'm all for population decline, but it should be gradual over decades, with let's say 1.8 children/woman. In my country where this is about the number, and we also have lots of immigration (way too much and from the wrong countries...), old people are already making grocery runs on Saturday mornings and week evenings, when they could do it when we're at work, just because they want to see younger people, so imagine a society with many more old ones and few young ones, these poor young people would be literally harassed ! Also more and more of the economy would be around taking care of old people, not really inspiring.

Japanese are amazing. But as you said the population is getting older and no babys in sight. I am all about makin babies like Rabbits Cheesy because then at least humanity has a chance. The imigration is just insane too... wrong countries coming into wrong countries. I told many of these people to stay and rebuild a better future dont come and destroy our. About old people i agree fully, some are just resentful and bitter to the core. Taking my dad for example , 50 years of his past is just drinking and harrasing his kids and wife.. He constantly talks about how he was in WAR but he wasnt in it. He make sshit up to harras his kids and youngsters. The only ones who were in war were his kids when he was shooting on them while being totaly drunk.. while my mom is still kind of ok. She had to endure total idiocracy for her whole life so that left a imprint on her. And this kind of lives are almost all over the world with the old population.. It is a population of idiots and hypocites. I wouldnt take care of my dad even if i was the last person to take care of him.. no freaking way. Now imagine how many peeps got dads similar to this.. Lucky are those whose parents were A-OK Smiley
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July 08, 2022, 12:05:00 PM


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July 08, 2022, 12:10:23 PM



An x-ray of that thing reveals this...  Would love to see some volume gathering into the weekend and for the bulls to take a stab at that big candle on the left.  We will see!

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July 08, 2022, 12:16:31 PM

Holy fuck, Shinzo Abe assassinated
*sigh*
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