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

[ChartBuddy]

Explanation

[1714688217]

1714688217

[1714688217]

1714688217

[1714688217]

1714688217

[1714688217]

1714688217

[1714688217]

1714688217

[OutOfMemory]

Another one of those genius plans the "Inflation Reduction Act of 2022". 

I'm sure it will describe very well how very few will be able to get money from very many.

No, c'mon. You know them, they'll just come out like:

"Thanks to our great Inflation Reduction Act of 2020, Inflation only got as high as 12%. Otherwise it would probably been no less than 22% (according to math and science)"

Mind their wording. Lying to the public without lying to the public (a.k.a. Message Control).

[cygan]

1BTC = 1BTC

[Jatiluhung]

Bitcoin can't be for everyone,  it's either some are hodling or some are selling at any giving price.  If everyone decides to hodl and sell when the price is high, its impossible.  Bitcoin is made particularly for the strong people. 💪

Nah it’s for everyone, you forgot that people can also use it. It’s 1 million times better than other currencies, so it will simply become a dominant currency over time, where people also use it. Bitcoin is the valuable thing, not fiat. Some people just realised it earlier than others, that’s why they’re profiting. But people can still use Bitcoin later on when they missed out on the opportunity, as it will still be a much better currency and thus benefits them. No inflation, Self-custody, censorship resistance, no middleman medium of exchange etc. It doesn’t matter if someone in 100 years made money from it or not, as there is no better alternative form of money and thus it benefits everyone. So it really is for everyone. We just have the opportunity now to get sats for cheap, because people are still unaware.

someone with a strong grip will be the winner. and bitcoin for those who hold strong.

actually people are now starting to be aware of bitcoin. Yet many are still afraid to get started and enter. because the anti-bitcoin media is constantly making news that shakes the beginners who want to enter. only people who really study bitcoin will survive. whereas those who just follow the hype without going deep into it will only become paper hands and they will feel sorry later on. 5 or 8 years later they will say "if I used to hold bitcoin firmly until now". but their regrets will only be like foam in the ocean (meaningless).

[AnotherAlt]

Fixed it for you.

Well, I argue. I strongly argue. If you think you are a king, you need a tenant/vassal to rule.
If you are alone on a planet, You are not a king. You are just an ordinary object. You have to accept the existence of shitcoins. The shitcoins exist, and that's why Bitcoin is No. 1. If Bitcoin were the only Crypto, then we don't need to number it. If there is no sadness in your life, You won't understand the importance of Happy life. Shitcoins often do the worst things, which is why we understand why Bitcoin is great and is the King.

[Cookdata]

Hash lord: The network is here to stay.

[ChartBuddy]

Explanation

[WatChe]

Well WatChe, it is not easy to say what time is the best time to get into bitcoin, and surely it would seem that our having prices right around the 200-week moving average would be a good time to get in and to establish a position; however, part of the problem remains that it can take quite a long time to establish a reasonable position into bitcoin unless you are already a mature investor with other assets, then the bitcoin newbie could merely establish a strategy of reallocating into bitcoin...

Mature investors will sometimes be nervous about employing any kind of straight reallocation into bitcoin, so sometimes instead they will merely divert new cash to be invested into the new asset (in this case bitcoin) until the allocation target levels are reached... so if we are in the bottom and we can stay here for a while, then it will surely end up being a great time to invest, but we could either experience a fake out run upwards or even a real run upwards, and then sometimes the new investor could get nervous and make some bad moves in terms of chasing the BTC price up.. but still it seems that mostly I agree with you that it is difficult to paint scenarios in which getting in now would be a bad thing.

The newbie without very much cash will likely be more frustrated by getting into bitcoin now, but newbies have to work with what they got in terms of figuring out how aggressive that they can be and also maybe if they can figure out ways to generate cash or extra cashflow to be able to put into BTC... which of course, I love DCA, but sometimes there can be some value to lump sum invest and maybe to have some reserves to buy on dips, too.

That's true its never too easy to predict when it's best time to buy. If you go with 200 WMA, then current price of bitcoin is close to 200 WMA.



If you zoom it and see 200 WMA vs Bitcoin price from 25 Jun 2022 onwards then there are many occasions where btc price went down to WMA. Seeing this pattern it's good time to buy as price of bitcoin is very close to 200 WMA. On 25 July 2022, 200 WMA is 22.73k$ while price of bitcoin was 21.33k$



Image source: https://www.coinglass.com/pro/i/200WMA

[ChartBuddy]

Explanation

[Republikcoin.com]

someone with a strong grip will be the winner. and bitcoin for those who hold strong.

And it's more about someone's optimism about what he holds and a high level of confidence in what he holds.

actually people are now starting to be aware of bitcoin. Yet many are still afraid to get started and enter. because the anti-bitcoin media is constantly making news that shakes the beginners who want to enter. only people who really study bitcoin will survive. whereas those who just follow the hype without going deep into it will only become paper hands and they will feel sorry later on. 5 or 8 years later they will say "if I used to hold bitcoin firmly until now". but their regrets will only be like foam in the ocean (meaningless).

Media that is anti-Bitcoin and constantly swaying people who want to get into Bitcoin is a Media that also doesn't like Bitcoin so the owner of the Media keeps making bad news for Bitcoin so that not many people want to like Bitcoin. Even though it is only about a belief and everyone who has complete faith in Bitcoin will always put aside the false news and continue to do the work to earn Bitcoins and keep them in the long term.

[ChartBuddy]

Explanation

[Arriemoller]

https://www.youtube.com/watch?v=foT1ITubs1A

[Hamich124D]

Another GDP decrease in the 2nd quarter as expected making us officially in a recession,it was 0.9 percent decrease so less than the first quarter.

BTC wasn't impacted that much (not yet anyways) from the news which is always nice to see.

[ChartBuddy]

Explanation

[BitcoinBunny]

Kamala Harris preparing to run in place of ‘one-term Joe’

https://www.thetimes.co.uk/article/kamala-harris-preparing-to-run-in-place-of-one-term-joe-sbm8jt8sx

[BitcoinBunny]

Dutch farmers continue to burn hay and crap alongside major motorways in The Netherlands.
https://www.youtube.com/watch?v=y7ONyYm5VRI&ab_channel=CRISISFOOTAGE

Dutch police chief warns they could get years in prison. Yet the government can destroy farmers' livelihood unhindered because of the "greater good".

Maybe the police should arrest all destructive Western governments + Ursula Von Der Lies and Christine LeGarde Criminal Mastermind. Go after the real criminals for a change.

[ChartBuddy]

Explanation

[Hamza2424]

Investment Markets are not safe its a lame excuse now especially in the case of BTC just dont forget the potential and keep on Buying. Thats not a thing to say its a Gift for the generations for financial independence break the limitations of the boarder currencies and explore the real global village with BTC.

Always Bullish about BTC




Wave count 😅



Source Twitter TechDev52

[ChartBuddy]

Explanation

[Hueristic]

In 2013 President Xi Jinping announced the launch of his signature policy, the Belt and Road Initiative, the largest transnational infrastructure program ever undertaken by a single country.  Today though, many of the loans financing these huge infrastructure projects are going bad and going bad in record numbers.

Today's video looks at the Belt and Road Initiative, how the projects are going and how recent events like Russia's invasion of Ukraine are affecting debtor nations like Sri Lanka, who defaulted on their sovereign debt in May of this year.

https://www.youtube.com/watch?v=2tRL6XeNohI


This ones for BeCoin.