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

[ChartBuddy]

Explanation

[1714738422]

1714738422

[OgNasty]

Oops:



Edit:
Not difficult to forse this:

• No way US would allow CZ to step into the US market
• No way market regulators could allow a 80% market share entity. Whatever a market regulator is in Bitcoin space.

Is this why the market suddenly did another leg down?  If CZ abandons FTX at this point, it seems like we may have yet another bankruptcy and lost customer funds on our hands.  Definitely not good for anyone.  I guess the good news is that we're getting close to scraping the bottom predicted range of this bear market.  Now I think investors are looking at a potential loss of 30% if investing here, but also a possible x25 if the next bull run is successful.  Those seem like pretty good odds to me, but things can and likely will get worse before they get better.  All we can really do is watch and see what the big boys do now.  These bankruptcies are a good thing long term though.  FTX came out of nowhere and tried to rule the market.  This needed to happen.

[BitcoinBunny]

Surprising to see the Americans happy with the current direction to a certain extent and not a more decisive shift in the senate and even in the house which I thought would have been over by now with the count.

I'm not saying Americans should all vote for what they not believe in, nor do I think Republicans have (any) answers but shit is certainly starting to break now, not just with Bitcoin but all over.

Perhaps another 2 years of pain may change people's minds?

I suspect Powell will go down in history as the economy destroyer and central banks following the fast rate rises as a complete bunch of muppets also.

[philipma1957]

are we poor once again?

no we are not yet at bottom. 16k to fall very soon.


those 13-14 numbers seem more and more likely to happen.

BTW they would represent the redline line of a 5 cent power miner with top of the line gear.

We did go this low in fall of 2018.

be ready for more lows this week.

[Biodom]

are we poor once again?

no we are not yet at bottom. 16k to fall very soon.

who knows and if it does, then certainly not because you want to buy it there.
In such moments, an exact price prediction is an utter gibberish.
btw, speculative biotech started the burst of the Internet bubble in 2000.
If cryptocurrency (or bitcoin) market craters, it might cause a domino effect in the rest (SP500).
However, the whole market already corrected a bunch, so maybe Great Depression 2 ain't going to happen.

[eXPHorizon]

You are all Clueless

[eXPHorizon]

this is reaal lazer eyez

[goldkingcoiner]

are we poor once again?

Only if we sell. 1 BTC = 1 BTC

[eXPHorizon]

are we poor once again?

Only if we sell.

nobody needs you to sell, keep em. hold em till they worth cents

[ChartBuddy]

Explanation

[eXPHorizon]

https://youtu.be/Obim8BYGnOE

Eminem Till i Collapse




You're coming with me, feel it or not you're gonna fear it
Like I showed you the spirit of God lives in us


You bizzles forgot, Slizzle does not give a fuck!


But in this industry I'm the cause of a lot of envy

[OutOfMemory]

are we poor once again?

no we are not yet at bottom. 16k to fall very soon.


those 13-14 numbers seem more and more likely to happen.

BTW they would represent the redline line of a 5 cent power miner with top of the line gear.

We did go this low in fall of 2018.

be ready for more lows this week.

Hmm, looks like reversing to me. But what do i know?  

Aw, I wish I had some left-over fiat to buy more Bitcoin at these prices. But I'm already 100% BTC.

You are not alone, btw... 

[shasan]

do we go under 17k?

I got a piece at 17.7 today

We are already below 17k, it is horrible!!

[OutOfMemory]

do we go under 17k?

I got a piece at 17.7 today

We are already below 17k, it is horrible!!

But it's even more horrible without some spare fiat  

EDIT: Next to worse: I'm going to make some extra money this weekend. Kinda expecting a rebounce this Sunday or so.

[El duderino_]

Second pic
Where we at

[ChartBuddy]

Explanation

[El duderino_]

I gotta say…. 100% in BTC to myself

But nonetheless I can say “imo” btc is not treading is well…

A cord believer should be rewarded better….
Though I keep on with my BTC
Because I will always believe this is the way
Cheers

[philipma1957]

almost 15.9k

maybe I will lose patience and buy some  at 16,085 

[El duderino_]

[philipma1957]

got a piece at 16,017 not quite 15.9k

and it did go under 16k, but I missed it.