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

[ChartBuddy]

Explanation

[Gachapin]

Frankly, I'm not in a very positive mood when looking at the current price performance.

But the mere fact that most perma bulls (including me) seem to be in such a mood, short to mid-term, lets me speculate that we might not get the bear everyone is preparing for.  (yes... might...)


Bob's dream of a new ATH in October is definitely a lethal golden shot of hopium...  but I won't rule out a quick turn around calling an end to our standard cycle pattern.  

Many people expect a bear as usual, based on the previous cycles...  But we already saw this cycle to be different:  
We had a premature top. And after the decline of 55% to under 29k (when people called a bear), we got another ATH...  quite different...
now, people are even arguing where to put this cycle's top...  

So the argument for this time being different is already strong.

Sure, it could be a just a standard cycle from here on.  But it was not standard at the run-up, so why would it turn standard from here on...?  (past predicts the future, right? if you believe that)


In short:
I'm leaning towards the view that this cycle was and also will be different.  
And of course that includes the possibility that it turns out to be worse than the cycles before..  and in some aspects it already did:
last cycle's ATH broken, 200WMA disregarded...
But I feel SOMA these negative aspects are a fake-out and that this bear will be better than everyone expects it to be, right now...
hopium microdosing here

[Gachapin]

Do we have an MT Gox creditors in da house? I'm not sure where I register my info for payment...
https://markets.businessinsider.com/news/currencies/mt-gox-bitcoin-settlement-payouts-9-billion-dollars-early-2022-2021-11

registration closed long time ago

[Hyperjacked]

Do we have an MT Gox creditors in da house? I'm not sure where I register my info for payment...
https://markets.businessinsider.com/news/currencies/mt-gox-bitcoin-settlement-payouts-9-billion-dollars-early-2022-2021-11

registration closed long time ago

Ouch... thanks 😂 I've been offline and haven't been up with the times.
They sent me a letter a couple years ago... never thought we would get anything anyway and burnt it.
Cheers and be back in a couple years for the next halving bull run.

[Arriemoller]

Ukraine has been on an offensive for almost a week now, they are pushing forward some 10 to 25 km a day, that's incredible. Any pockets or small towns they can't take right away is simply bypassed and left for the rear troops to clear up, they are on a roll. Go Ukraine.

Guy sitting in a vehicle crossing a river on a pontoom bridge when Ukraine shells it, some of the last audible words on the video is "god please have mercy". Well, now we know whos side god is on.
https://mobile.twitter.com/just_whatever/status/1567582959800033280

[ChartBuddy]

Explanation

[aesma]

Lower lows, crab market with slight uppity until we hit the halving at $40,000 or something. Bull run starts & were well into 6 figures (USD) by end of 2025.

One day some nerds from the 3-year future are going to read this post and wonder why the hell they didn't buy BTC when it was so cheap.

Not just nerds. Plenty of people including ones that already own BTC. From the future you can't really grasp the risk/reward equation facing people now. If a 5 fold price rise was guaranteed...it would have already happened, basically, people would be buying and the price would go up.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Cryptolove20015]

BREAKING: Jack Dorsey and Jay-Z to gift $340,000 in bitcoin to academy students in New York.

Source: https://twitter.com/BitcoinMagazine/status/1567655846468882432

[ChartBuddy]

Explanation

[Biodom]

Check this out...
https://www.wired.com/2011/11/mf-bitcoin/

A depiction of trials and tribulations of bitcoin back in 2011.
Interesting read, imho...btc was at $2-3.
Named some names..someone had >300K bitcoins back then...wow.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[HI-TEC99]

[sirazimuth]

.......
Yeah, seems to be true, but i also became aware of @nullius no more posting to the WO?
.......

 I bet @nullius is still here; he's just recharging the internal batteries because manic state requires mucho energy.

I thought maybe he finally got his  @ deathwish...

.......DOOOOH!   (I kid of course, I just like dark humor, my bad)

.....
You are talking out of your ass though.

Hey, remember this is the Wob, bro.
You could post that on practically every page and it wouldn't be inappropriate....
(oh look, I used a double negative...lol)

....

Nah, that is your speciality.

Yeah but you take it to another level bro.  (Pro tip, use spell check when posting and/or pay attention to those those little red squiggly lines)

.....
Nuff said

Yes please

<bollocks memes>

I thought you were done.

....

Nice. Reminds me of AI art.
I've browsed some really cool ones on the intertoobz. Pretty amazing stuff, imo.
You can create your own here, because of course you can....
https://creator.nightcafe.studio/create/text-to-image?algo=stable

Ok, that dude needs lessons in stealth camping.

This ct is definitely not one of the 99% of cts that are complete bs. 
Albeit, a cow on a soapbox giving a speech about it maybe a stretch...

Talking sheep and cows have made me see the light. Now I believe all conspiracy theories.....

[ProfTP]

...Lower lows, crab market with slight uppity until we hit the halving...

the question is, when will the lower lows stop and turn into crab market... (aka bottom in)

Between now & end of Q2 2023.

there is a possibility that the bottom comes this year, from now till dezember.

Then we will get a strong bull next year till end of 23. Then 3 years of bear market

[cygan]

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation