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

[DaRude]

It's pretty obvious that whales are trading btc for eth in order to begin a large pump and dump run ahead of the Ethereum upgrade/merge news.  

Noobs will never learn I guess.

According to CMC market caps:

• USDT: $68B
• USDC: $52B
• BUSD: $19B
• Total: $139B

At first i was waiting for the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) to kill all of these "decentralized" USD stablecoins with just a single order, with that sucking all of the value out of ETH. But what would that achieve, sure close #2 crypto and watch the funds flow into BTC which they can't touch, that would be counter productive. Instead it would make more sense to count your losses with ETH, embrace it fully and while demonizing commie earth destroying BTC.

[Cryptpogz1]

@BTC: Feels like nearing another tipping point. Up or down?  

Looks like you did get your response  

Kinda sucks tho thought the dumping will atleast start somewhere when the feds announce the new intrest rates. the leveraged shorts are stacking up like crazy right now i won't be surprised if market makers start pushing the price up to try to liquidate them.

#stronghands

[ChartBuddy]

Explanation

[fr4nkthetank]

It's pretty obvious that whales are trading btc for eth in order to begin a large pump and dump run ahead of the Ethereum upgrade/merge news.  

Noobs will never learn I guess.

Buy the rumour sell the news ?  Every time. 

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[proudhon]

Bitcoin won't spend more than 240 hours above $20k for the rest of 2022.

[Gachapin]

Bitcoin won't spend more than 240 hours above $20k for the rest of 2022.

you sure you didn't mean 24 hours?


edit
nice signature btw

[JayJuanGee]

OOM is grumpy, and I'm grumpy too.

Earth is one giant meat circus.

Bitcoin stuck @ $20k too. Fuck this shit. 

It's not stuck at $20k anymore.. . so isn't having had been stuck at $20k looking good now?

So it keeps bouncing between 19.8k and 19.6k, but I've got my limit order set to buy 50k Sats at 19.53k ... watching for it to fill for what seems like WEEKS!... MONTHS! (OK so maybe it has only been 3 days...) but I don't really need it to dip, just a quick wick... Come On Chart Buddy! Working me out a deal! (Does that make me evil?)

Go Bitcoin! (right after you full my order)

Well, even if you had your order prior to August 30, we ONLY hit $19,552 which still would have been just short of your buy order. 

I can actually relate to you in some regards because even if you might set your buy (and sell, if any) orders in such a way that you are somewhat emotionally neutral in regards to whether they ever fill or not, still there are frustrations when the orders are almost met but not quite met. 

When I was more of a newbie, I would sometimes just adjust them in order that they would more easily be filled, and then that way, it gave me something to do, and maybe to lock in a kind of profit.  As I put more time into bitcoin, my motivations to change my orders do not get triggered as easily, even though I still can sometimes feel some frustrations and maybe even I will just change it for shits and giggles just to create some action. 

If the changes are just on the margin, then they are likely not going to make much of any BIG differences, but sometimes having some frustrations can cause a triggering of changing several orders in order to put them all in a place that is more comfortable - and surely these are discretionary matters, but sometimes the frustrations (little or not) can trigger global rethinking of placement of orders, size of orders, increments of orders and also spreads... and frequently when I make global adjustments to my orders, then I will tend to be satisfied for quite a long time, until something significant changes in my situation which would more likely end up being something related to large price movements rather than changes in my finances or psychology.. but cannot rule out winning the lottery (or something similar) - even though I don't play the lottery (so maybe not a great personal example for me.. even though other surprise things can sometimes come up).. hahahahaha

All Better Now!
Thanks Guys!
Go Bitcoin Go!

Speaking of the devil.  Based on the recent new developments from today, I did make adjustments on the way down the ladder and up the ladder too.. ....   Makes me feel moar better (I mean less worse)...

Bitcoin won't spend more than 240 hours above $20k for the rest of 2022.

Thank god you are back.

I was beginning to worry.

[Copetech]

Bitcoin won't spend more than 240 hours above $20k for the rest of 2022.

WooHoo! Bullish! (Or should that be Lamish???)

Pro-Tip for newbies newbier than Cope the Newb: Prudhoe uses Maths & Sciences that consistently prove to be the opposite of reality... so apparently Bitcoin won't be below $20k for more than 10 days through the rest of 2022! WooHoo Buy the Dip cuz it ain't coming any cheaper!!!

[ChartBuddy]

Explanation

[jojo69]

[slowlyslowly]

Explanation

Not sure newbies to this site and so potentially bitcoin buyers realise how great the price is at the moment if previous history counts for anything (spoiler alert I do). I think we could get to $100k+ in say 5 years so buying at around $20k is 5 fold growth in price. I happen to think bitcoin could actually got to $4k before it goes up. So a 90% drop from the last ath. But buying at least some now and some later is a reasonable option. The whales seem elsewhere for a while but when they return thinks will change. If you regret you did not not know about bitcoin or knew about it but we’re too nervous to buy when it was $200 or $2,000 then in few years time a 2022 price of $20k will feel the same. DYOR AND THIS IS NOT FINANCIAL ADVICE.

[Gachapin]

everyone who missed selling at the 2017 top...  now is your chance !!

[ChartBuddy]

Explanation

[Toxic2040]

[NotATether]

It's pretty obvious that whales are trading btc for eth in order to begin a large pump and dump run ahead of the Ethereum upgrade/merge news.  

Noobs will never learn I guess.

Just how I expected this to play out.

People are getting their ETH buy orders ready today, but will they remember to put their sell orders 1 month from now?

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation