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

[empowering]

 
https://youtu.be/OPHSN-apJr8

Next after the Asterix set at the very awesome Ozora festival (best listened to in its entirety)  is this banging set by ace Ventura at another legendary festival, the Boom festival.


Slightly more thumping than Asterix if its your sort of thing,.....enjoy.

................but also here is another lovely set by Asterix at the legendary, one and only Universo Paralello festival.
 .... more high energy awesomeness.

https://youtu.be/8eYEW4q42y8

 

[ChartBuddy]

Explanation

[Phil_S]

That's me in 2013, 2017 and 2021.

I had a goal set, sell at 100k. That worked out well, not.

I told myself - I'm not greedy so I'll sell at 80k. That worked out just at well.

[Toxic2040]

the noon wall report


all fairly bullish signals observed on the main timeframes...with probable continuation as the weekly candle battles into positive territory today. Some options expire at closing bell...expected increasing volatility into next week. 


dyor


4h


D


W

stronghands

[ChartBuddy]

Explanation

[Biodom]

That's me in 2013, 2017 and 2021.

I had a goal set, sell at 100k. That worked out well, not.

I told myself - I'm not greedy so I'll sell at 80k. That worked out just at well.

we (since I include myself) just got out-wimped

[ChartBuddy]

Explanation

[348Judah]

Explanation

All hope is dashed away eith the current price to surge high for this week as we are now on weekends, more possibility to go down than rising is possible, nextweek is another option for a move to go high, the candlestick for the weee is made already, let's expect more and better offers from this new week speculations.

[OutOfMemory]

Explanation

All hope is dashed away eith the current price to surge high for this week as we are now on weekends, more possibility to go down than rising is possible, nextweek is another option for a move to go high, the candlestick for the weee is made already, let's expect more and better offers from this new week speculations.

with probabilities of under 2%, my full house on the turn could be beaten by four-of-a-kind. Happened more often than once to me.
Good night 

[ChartBuddy]

Explanation

[aesma]

When you are walking around in the "outside" world, you can expect there to be no privacy at all. Everything you see, and everyone who can see you, just think there are cameras everywhere, everyone has a cell phone, and every building has CCTV. Once you are aware of that, you just do your best to blend in like everyone else, like the millions of other people who don't seem to care. If you wear a cap or hat, shades maybe, and a mask to cover your mouth, then automated systems will have a very difficult time to consistently identify you.

Many places have stopped requiring people to wear masks, but a lot of them still do. I have one just because it's become a habit for me, and I'll keep wearing it for a few months or years into the future while it still looks normal. Most indoor settings still "suggest" you have a mask anyway.

It's true but for example if someone who has taken footage wants to show it on TV, and you are in the frame, quite recognizable (not far away in the background) then they have to ask your permission, or blur your face, here in France. Not so in the US.

Once I was interviewed for TV, it was clearly set up for the ITW, I was dressed up etc. and talked about something in particular that was the focus of the TV show, yet they still made me sign a paper that I agreed to be on TV.

[Hamich124D]

On 15 July 2022, Bitcoin Fear and Greed Index is also 15 aka Extreme Fear

Current price, 1 BTC= 20,900$

Buy Bitcoin now and thank yourself later.

Bitcoin is now in its longest-ever 'extreme fear' period. I think if we can survive the next GDP annoucement (which will probably be negative) ie not dipping under the 17k resistance we should be starting to see some actual bullish movements and maybe get out of the extreme fear region.

[aesma]

PSA: How to not freak out citizens in your state.  /s

Gotta keep up the pretence that nuclear power is extremely dangerous.

God forbid a country would build enough safe nuclear power plants in the 21st century and be completely energy independent. The whole WEF globalist house of cards would come tumbling down.

What about...

nuclear waste disposal?

Yucca mountain!

...what? why not?

... cancelled by the Obama administration?
... US and A already produced more nuclear waste than the planned waste disposal could have held?
... all the US nuclear waste temporarily stored on Marshall Islands repository is about breaking up already?

https://www.latimes.com/projects/marshall-islands-nuclear-testing-sea-level-rise/

Energy independence?
Who wants energy independence when it radiates your ass?
... as well as anyone else's?

Sorry, but buying the "clean energy" argument fraud of the nuclear industry is putting your intelligence to shame!

EDIT: My bad, mean ego is telling me that it's time for another Chernobyl-grade event, to remind the world about how clean nuclear energy really is.

EDIT2:
This Planet has developed to a near perfect shelter for protecting life against one of the most deadly entities that exists in space: Radiation.
It's dumb, on a level above "completely nuts", to "produce" nuclear radiation beyond controllable levels. These visions grew on a mindblowing amount of stupidness and optimism. Optimism never tends to work when it comes to big problems.
Nuclear power generation is failure by design. It's that simple. I'm sorry so few can see this.

Well, the thing is, it's perfectly controllable. Aside from the obvious mistakes made, the Chernobyl design was just bad. A better example to use (but of course there was no Chernobyl like radiation cloud) is Fukushima, since there, the design of the reactor was reasonable. The location, less so, and especially the level of protection against a tsunami, which in the end is what caused the accident.

Lessons have been learned, seawalls have been increased, emergency generators are put higher, and for example in France we now have emergency teams ready to go to a struck powerplant by helicopter, with emergency generators and pumps also brought by air (so road conditions don't matter).

Some measures taken here would have also helped in Japan if they had done the same, for example all French reactors have been fitted with hydrogen recombiners since 2007, preventing explosions (they're passive so no power needed) : https://en.wikipedia.org/wiki/Passive_autocatalytic_recombiner

[Gachapin]

JUNE Ended But Records are still Counting the latest Glassnode report Say's.

Fuck Glassnode and their manipulation games.
Just my2ct

Really

I'm sure 😊 you are good at analysis of all the Transections then. I can't put my whole week to analyze the transfer details to take next position and pack up with the coming time,

Many onchain data guys like Willy Woo came up with the 180 degree wrong conclusions again and again in the recent years, since Glassnode and the other services popped into existence.
Some of that data is helpful, sure.  But all in all it's just another tool to convince the masses into believing a certain market narrative.

Wrong conclusions? There were interpretations of on-chain data, and opinions, maybe outlooks, but not much more.
Those conclusions only were in your head. You don't want to project onto neutral statements, but you wanna learn from your mistakes and use greatly provided inside information, instead of feeding hopium. Same as for PlanB fanboys. He always said his model(s) point(s) to areas of $$$ to $$$ to become possible, which is no guarantee or conclusion in any way. The models broke. So what? He even said from time to time that models are destined for breaking, it's only a question of the when.
If you want oracles, go to the amusement park of the nearest fair.

I was bullish on PlanB, too. But i'm a hodler. I don't care if or when S2F broke, but i found it interesting.
There will be other models, analysis(es) and "conclusions", but you can be sure of the one thing, the first law of Bitcoin:

BTCitcoin doesn't care!

There is a problem with certain models and data sets, as soon as they lead you to conclusions that are 180° false most of the time.

Of course it's about interpretations of onchain data.  But these interpretations were always based on logic.  
Just a simple example would be:  few coins on exchanges is interpreted as a sign for fewer selling and a higher probability for an upcoming price increase.

A lot of the data you could even backtest many years.

However, nowadays whales and big players know the OC data that we are all shown by Glasnost^tm and else, and they know what the data logically suggests.  Accordingly they push the market in the opposite direction to rip off all these onchain analytic believers..

Secondly, OC data can be tweaked to a degree to show a certain OC state of market behavior that simply is not there.


For me OC analysis is a kind of TA and it's nothing newbs should rely on.  That's why I'm vocal about it, so they don't fall for it.
I think we all know trading can be dangerous, especially in BTC, no matter your TA or your Glasnost subscription.  

For transparency FWIW...  I don't trade and I'm 95-99% in BTC all the time

[aesma]

On 15 July 2022, Bitcoin Fear and Greed Index is also 15 aka Extreme Fear

Current price, 1 BTC= 20,900$

Buy Bitcoin now and thank yourself later.

Bitcoin is now in its longest-ever 'extreme fear' period. I think if we can survive the next GDP annoucement (which will probably be negative) ie not dipping under the 17k resistance we should be starting to see some actual bullish movements and maybe get out of the extreme fear region.

When we have lost so much already, I don't really understand how people can fear that much.

The only thing I fear is that I have no available cash to buy more corn if we dipped to say 10K$.

There is that one bank account where I have a decent amount (more than one BTC) but since it was a gift from a deceased uncle to help me buy a home, I won't touch it.

[Hamich124D]

When we have lost so much already, I don't really understand how people can fear that much.

Well a wise men once said:  "Things can always get worst"  Homer simpson.probably

[ChartBuddy]

Explanation

[JayJuanGee]

El Selalvador is facing high times of critics as they are the majour supporters of the Crypto Market especially BTC the freed movement haha, yes its Freedom Movement of Finance and Its going great with the El Salvador so lets see how a Bull DUN help them Our to Avoid the Bank Default. Everything is on the stake and they are gaona make don't worry

Last I checked El Salvador is a supporter of bitcoin. ... so fuck off with your lumping in the dumb framework of their being supporters of the crypto market.. and that bitcoin is just a part of that.

That is bullshit deceptive and misleading talk or maybe you are confused about what bitcoin is? 

Just in case you are not clear... Bitcoin is the King and the various shitcoins are hanging on its apron strings... in other words, you do not need to include the concept of shitcoins or crypto when talking about what El Salvador is doing, has been doing, and likely will continue to do (unless they happen to get into shitcoins, which so far they do not appear to have been led down that path. they know the difference.. unlike you, Hamza2424.

Observing. Going up. Going down. Enjoy the ride either way.

Me no doesn't like down..   


Therefore, I cannot enjoy.. unless up (lots of) first..

It did go up a little bit last night (or a few hours ago).

Even though in my earlier post, I said "lots of" in a little way, I mean "lots of" in a BIG way.  #justsaying.

<- cryptographers, batslap not applicable!

My working rule is:  "When in doubt, batslap."

I am glad that you put that little disclaimer.. because some of us are just way too triggered in these parts in recent times.... (not going to name any names)

Earlier this month, I and others wrote a letter to Congress, basically saying that cryptocurrencies are an complete and total disaster, and urging them to regulate the space.
..

I am a big fan of Bruce, have read all his books (well, actually not true for "Applied Cryptography" which in parts is much above my comprehension, but I tried it too) and so far all his writings have been a great inspiration and education to me, but I do not agree with most of the points he makes here. For example, he doesn't seem to get the difference (or that there is a difference at all) between POS and POW and quite a few other misconceptions AFAICS.

Anyway an interesting read to know what the crypto guys (<- cryptographers, batslap not applicable!) think about BTC, the discussion below the article is the most interesting part IMHO.

I actually found a nice clean copy of Applied Cryptography 2nd edition in a thrift shop, selling for about $5. I opened it, read some parts, leafed through it, but ultimately did not buy it since I don't have any space at home to keep it, LOL. It will probably be still there next time I go.

Fortune favors the brave.

Protip:  Just buy the damned thing and figure out where to put it later.  #friendly vices

[ChartBuddy]

Explanation

[JayJuanGee]

JUNE Ended But Records are still Counting the latest Glassnode report Say's.

Moving on the Net worth Lost of the market is more then 35% thats onchain data. Probably i will say June was the best Month as For making Buying heavy Discount's offered in the June by weaker holders, Now Book your Limit order



Due to all this June panic most the Position in Margin and Future were in short, due to expressive Pressure on market the Biggest Change in Position 151k was noticed but I'm not sure about one thing Market was Bearish people made short trades but still the more profit was cashed by the exchanges thats Questionable.



In Mid May Crash of 2021 we said that its manuplative Dip, then in JAN 2022  the things were same but LUNA, then Other 3DAO and many projects forced the market to be the extreme Bearish.


What Happed earlier is no matter now,

What is going to happen thats Questionable I'm Bullish as BTC shwed a good Volume and Market Pump so if we break the 23k Resistance now then Position will be Trend Reversal . But it seems now Bottom is done ? Yes i think Bottom is done now market is making momentum the BEAR Boys Pack the bags

It's way too early to be calling the "bottom as in" even if you may well end up being correct (coincidentally or aka by luck).

JUNE Ended But Records are still Counting the latest Glassnode report Say's.

Fuck Glassnode and their manipulation games.
Just my2ct

Hm?  They are really manipulating..?    I know that they had to reframe some data in recent times.... and surely we have seen all kinds of ways that entities can take advantage of their position in the bitcoin (crypto in this case?) space...  but maybe you are right..   those folks are fucking around with various aspects of the data.   Could be.  Could be.

JUNE Ended But Records are still Counting the latest Glassnode report Say's.

Fuck Glassnode and their manipulation games.
Just my2ct

Really

I'm sure 😊 you are good at analysis of all the Transections then. I can't put my whole week to analyze the transfer details to take next position and pack up with the coming time,

Yeah.. take the comment personally Hamza2424.. that makes a lot of senses.. .

Wrong conclusion. I'm not mad.  

That's what she said.















 

JUNE Ended But Records are still Counting the latest Glassnode report Say's.

Fuck Glassnode and their manipulation games.
Just my2ct

Don't be mad.
Wait for the next Halving

One thing I notice is the more time passes by the shorten the bear market is becoming. In 2017 market become bearish from bullish less than 250 days from BTC halving. In the next bull season, it was more than 450 days before the next BTC halving market turned bullish. So if that trend continues then I can say we are very near to the starting of bullish trends.

It's not easy to know these days.. especially when we are still in the midst of the whole matter of just recently getting into what might be deemed as the bear market (sometimes around mid-May-ish confirmed)..

Oh, and by the way, many times the confirmation is lagging.. so it probably is never really easy to know where we are at. and then at what point we might be confirmed to be "out of" the place that we were.

Fuck.

[edited out]

Wrong conclusions? ........

^^^^^^^What he said (kind of)^^^^^^^












Gotta click on the thread to see what that there kitty cat be talkin bout Willis.. .. .. it will be worth it.. b/c peeps do got time for dat...
...




hahahahahaha