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

[ChartBuddy]

Explanation

[BitcoinBunny]

I actually thought it would go down after the USA Q2 figures.

Glad I'm not into trading.

What a mindfuck. I don't believe anything these guys says.

I remember a funny comment on a YouTube BTC daytrader channel years ago someone saying "Just do the opposite of what this guy says, I've made thousands so far."  

[OgNasty]

I actually thought it would go down after the USA Q2 figures.

Glad I'm not into trading.

What a mindfuck. I don't believe anything these guys says.

I remember a funny comment on a YouTube BTC daytrader channel years ago someone saying "Just do the opposite of what this guy says, I've made thousands so far."  

Nah, ever since 2008 the market has done the opposite of what common sense says it should.  This is because investors know the economy is fucked and the fed will print their way out of any mess.  That means when there's bad news like a recession, it's actually good news because that means the government is going to stop tightening sooner and go back to having to stimulate the economy.  With more inflation comes higher asset prices, so investors don't care that the economy is going to hell, they care that the government is about to dump a ton of money on markets.  That means you have to get in to make $.  Bizarro world indeed.

[tadamichi]

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).

Three bots all quoting each other and replying.

Hilarious.

A bot that notifys me who replied, without me having to go trough the thread. How convenient.

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).

Sure, but this is just noise in the long term. I actually met many newbies who are actually holding strong, despite just having mediocre knowledge about Bitcoin. Bitcoiners did a good job teaching people early, but sure this wont save everyone and it doesnt have to. Everyone is responsible for themselves. After enough market cap it will probably become obvious by itself even to paper hands and sceptics, and then the real fomo starts.

And like i said, you dont need to have profited from Bitcoin for it to be useful. Even when youre starting from scratch its better to go into Bitcoin than some fiat, gold or other bs. In times of woke politicians and recessions, i wouldnt trust anyone but myself to keep my assets safe. So even if youre not there to profit from Bitcoin primarily, the choice of barely confiscatable assets to save some purchasing power long term, is really small. This really is for everyone, no matter when they started.

[NotATether]

1BTC = 1BTC

Make a collectable out of it! [when my position gets stronger I'd like to posess something like that]

And while I'm here...

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

Yeah, it's free lunch for whoever becomes the replican candidate. Now I just have to figure out who is going to win their primaries.

Hint: Anybody who sounds like a robot is out.

[ChartBuddy]

Explanation

[OutOfMemory]

So i got two scenarios in mind:

1. Bitcoin upity getting rejected in the $24k to $25k area, correcting a bit before further up moves.
2. Bitcoin goes up to $26k-$27k before correcting short term.

WO traders, any opinion(s) on this?

[ChartBuddy]

Explanation

[machasm]

So i got two scenarios in mind:

1. Bitcoin upity getting rejected in the $24k to $25k area, correcting a bit before further up moves.
2. Bitcoin goes up to $26k-$27k before correcting short term.

WO traders, any opinion(s) on this?

Bitcoin goes up whatever (Eventually).

[Phil_S]

Switchblade 300
https://twitter.com/VaushV/status/1552178737457729541

[Hamza2424]

Find Your Future Way, Grab Opertunity because time never stops.
Thats the fact the most valuable investment is one and only BTC.




Source: Tech Dev 52

For now BTC Majour Supports are on level and a Good Week is on going, I'm pretty much sure about the 30k as 1 WO member said a time ago sleep untill it hits the 30k.

For now the Jaws of Bears are Brokwn by majour Support levels Keep an eye on the 20k + 22k respective time

[JayJuanGee]

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).

Of course, we have seen this in bitcoin over and over Jatiluhung.  Every time can seem unique in terms of bitcoin is really dead this time, and sometimes I even feel those kinds of sentiments, even though I feel that my investment strategy is pretty strong.. but sometimes the extremes can scare (or at least make us nervous) even longer term HODLers.

Part of the reason NOT to over invest, and to have a plan to continue to accumulate BTC, and if you run out of money to just HODL.. because surely we are in a buying zone, and hopefully no one has invested so much into bitcoin that they are not able to cover their various expenses through these kinds of bitcoin down periods.. which can sometimes last way longer than expected and to continue to have low pushes even though at some point they will end up being over, and we won't always know when the up is resuming.. we might even get up to $30k or $40k, and then have another down movement - similar to early 2019.. but no two price dynamic events are likely to play out the same exact way.. and of course, we have way BIGGER players who are pushing around BTC prices with BIGGER tools.. but still does not mean that the bearwhale twats are going to end up being successful to push BTC prices down as far as they would  like or to be able to keep BTC prices down for as long as they would like... many times the bearwhale twats lose control.. and that is part of what they fear.. (but they still sometimes play as if they are not going to lose control.. some of them get reckt as fucked in the process, but other bearwhales are still able to profit even when they end up not being successful - the BIG boys are usually pretty good at preparing for a variety of scenarios.. but not always and sometimes even BIG boys get caught with their panties down.. and in situations where no one is going to bail them out)..

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.

Optimism may well not do any bitcoin HODLer any good if s/he has overplayed his/her hand.  Optimism needs to be coupled with reasonableness and prudence, and sure you can be aggressive too, but if you are too aggressive (or too optimistic) you may well contribute to your own getting reckt in part or in full.

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.

The devil is in the details Republikcoin.com.

We are exposed to all kinds of information about bitcoin, and surely you are correct that some mainstream sources of information are frequently getting matters wrong, but they are not always wrong and sometimes they do get exposed to credible sources, so we have to be able to figure out good sources of information and bad sources of information, but also be able to analyze if some of the information might have some mixture of good and bad ways in which they are talking about and presenting the bitcoin topic.

It's not always clear, even though you are likely correct that as a general principle we need to be quite skeptical of various mainstream media sources because sometimes they will inject various subtle digs (or misinformation) even in pieces that are being presented as bitcoin positive pieces.

[jojo69]

https://www.youtube.com/watch?v=thJgU9jkdU4

[Hueristic]

Switchblade 300
https://twitter.com/VaushV/status/1552178737457729541

Jesus thats an expensive kill for a rando, gonna cost alot if that's their plan.

Code:

Unit cost: Model 300: US$6,000 

[Hueristic]

https://www.youtube.com/watch?v=thJgU9jkdU4

[Verse 1]
I've lived alone for many years
Life is dull, everyday life is grey
I lose patience, sanity and hair
I would like to have a wife
And the hope wants to wane
Finding a partner
Who is coequal to me
No, there’s no luck in sight

[Chorus]
She doesn't have to be beautiful
She doesn't have to be smart, no
She doesn’t have to be rich
Not a model with long strides
But big tits
[Verse 2]
Like a constantly open wound
Blood drips from the soul
Only consolation are little dogs
A fine miss would be good
A fine miss would be great
I'm not demanding at all
I'm not picky at all
At the end of the story

[Chorus]
She doesn't have to be beautiful
She doesn't have to be smart, no
She doesn't have to be rich
But I would like to ask for one thing
Big tits

[Instrumental Break]

[Bridge]
I'm not demanding at all
But big boobs would be great

[Chorus]
She doesn't have to be beautiful
She doesn’t have to be smart
She only has to be rich
In adipose tissue, please, please
She won’t miss anything from me
She doesn't even have to kiss me
Doesn’t need to comfort me with grapes
She only has to have huge tits
Big tits

[JayJuanGee]

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).

Three bots all quoting each other and replying.

Hilarious.

Oh god you are delusional sometimes...  You would not know a bot if if slapped you in the face (bot, not bat) even though admittedly your anti-newbie comment is funny..   

So i got two scenarios in mind:

1. Bitcoin upity getting rejected in the $24k to $25k area, correcting a bit before further up moves.
2. Bitcoin goes up to $26k-$27k before correcting short term.

WO traders, any opinion(s) on this?

Remember 2019, it ended up going around 3.3x before any meaningful correction.

I have my doubts about 3.3x being likely because we then get into the deadman's zone and even too close to the ATH.. so anything up to 2x (such as up to $42k) as and even 2.5x  (up to $52k - as a very high extreme) might be within the extremes of UPpity that might still end up having decently high correction come thereafter.

Don't get me wrong, I am thinking that a 2019 scenario would be quite unlikely under current circumstances - but you never know with bitcoin.. so maybe a mini-me 2019 scenario could end up bringing us into the mid-$30ks before correcting back down to the 200-week moving average.. and maybe putting us more into something like how 2015 played out with our break down below $200 but then a break out up to $317 in July and then a reversion to test $200 one more time before finally breaking out more BIGGEDly.

[serveria.com]

Switchblade 300
https://twitter.com/VaushV/status/1552178737457729541

Using military drones to attack civilians? How retarded is that? The guy wasn't even a Russia national according to the comments...

[ChartBuddy]

Explanation

[serveria.com]

Switchblade 300
https://twitter.com/VaushV/status/1552178737457729541

Jesus thats an expensive kill for a rando, gonna cost alot if that's their plan.

Code:

Unit cost: Model 300: US$6,000 

They don't seem to care. Sleepy Joe is paying anyway...  

[Hamza2424]

1BTC = 1BTC

https://twitter.com/bestbitcoinmeme/status/1552664549538537472?t=0KA11Z7Frd1jURcTyeCgog&s=19