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

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[xzy887]

Due to this market condition, everyone is feeling hesitant to trust Bitcoin. And everyone has a reason to worry, many tokens/coins have already become scams due to this market condition and people are becoming more panicked after being scammed like FTX exchanger.
Now I noticed 2 things in cryptocurrency. Some say now is the best time to buy Bitcoin while others say now is the time to get out of Bitcoin.
And maybe many have said goodbye to Bitcoin. But I believe now is a good time to buy Bitcoin. Which will be part of our huge profit later. How people who held Bitcoin in 2014 have now profited.

[ChartBuddy]

Explanation

[Inwestour]

Hope everybody is buying at the moment. I still think we will go lower, $12,000 to $14,000 on the cards imo. I am buying at the current price though. Just need to have substantial funds ready for the absolute bottom range. It’s impossible to buy the bottom but you can sure as hell try your best to get close.

We are 100% going to 6 figures in $ per bitcoin by the end of 2025. Do not miss this (for some of you noobs) once in a lifetime opportunity. Easy 10 x your money from here.

DCA & HODL mid to long term, brothers!

It would be very nice to catch the bottom, but I understand that it is very difficult, so I buy every time, when I have the opportunity. I bought before, I buy now and if the fall continues, I will buy more. Unfortunately, I don’t have a lot of money so that I can make big savings in case of a further fall, but I also cannot save and wait for the price to fall further, because there is a possibility, that it's price is already the bottom, and if I don't buy now, then I'll just miss out on the best price.

6 figures in $ per bitcoin that would be great, not much left until 2025, looking forward to it! 

[Agbe]

At this stage of the market, everyone has their prediction, so the predictions even confuses us, Pantera gives his own prediction that in 2024 March is the time of the ATH of $149,000. As it is I am really worry of the market right now because I bought Bitcoin at the time of 21$ and I want to use the money for the Xmas. Though it is not much but at least it can but small things, I was planning to hodle it till the next bull.

Is it that the fall of FXT is the cause of this 16$ for this long period it time?

[ChartBuddy]

Explanation

[rat03gopoh]

Wondering what exactly is the advice

[hisslyness]

Wondering what exactly is the advice

Always remember where you park your car?…

[ChartBuddy]

Explanation

[Rahul09]

Everything will burn, but we have to hold on to bitcoin.

[strawbs]

Wondering what exactly is the advice

I'm pretty sure it's advising you not to place yourself in a situation where you might encounter a single lady. You could start talking to her, then she becomes your girlfriend, then you get married, then she steals all your wealth. Pretty simple.

Unless she has Bitcoin.

[Crazy_Bitcoin]

Satoshi -
I developed bitcoin a peer-to-peer electronic cash that sends directly to you without going through a financial institution

Humans -
I'm giving my bitcoin to a financial institution

-Financial institution -
We lost your bitcoin   

twitter

[Rehan Zakir]

Source: https://twitter.com/Bitcoin/status/1593816701518241792?s=20&t=bxMNkHUT-ipZnxrrVSQqvQ

[AverageGlabella]

Whatever the ultimate bottom is, I expect "only" 5-10X in the next cycle (from the bottom).
Why? Prior cycles:
$2 bottom, then $1160 top or 580X
$175 bottom, then $19780 top or 113X
$3100 bottom, then $68900 top or 22X

As you can see, the multiple keeps decreasing drastically (by a factor of about 5) in each consecutive cycle.
Accordingly, the next number for a top is roughly 5X of the bottom, but due to some variability, perhaps up to 10X is possible.
Currently, this would mean either $77.5K (which would be a GREAT disappointment for almost everyone) or up to, perhaps, $155K, which could be OK.

I am ok with x5 of the current price that would be close to doubling my investment but 100k per Bitcoin is my goal so if you are predicting x5 being the lowest I probably would achieve my goal if your calculations are proven right. Not sure I share the optimism because recovering in time for the next cycle and hitting 5x-10x looks very difficult right now. We will probably go through multiple waves of it going up and down before that 5x is possible. Assuming the current price is the bottom.

[ChartBuddy]

Explanation

[Dr. Strange]

SATOSHI NAKAMOTO. ₿ANKING THE UN₿ANKED SINCE 2009.

Bitcoin magazine store collection😀






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[Lucius]

At this stage of the market, everyone has their prediction, so the predictions even confuses us, Pantera gives his own prediction that in 2024 March is the time of the ATH of $149,000.

I won't check their speculations, but I think they might be wrong for the whole year, unless they think the new ATH is realistic before the halving.

As it is I am really worry of the market right now because I bought Bitcoin at the time of 21$ and I want to use the money for the Xmas. Though it is not much but at least it can but small things, I was planning to hodle it till the next bull.

If by any chance you bought Bitcoin at the price of $21, today you wouldn't have to think about what you will buy for Christmas - even with the current price, you would be in a big profit

Is it that the fall of FXT is the cause of this 16$ for this long period it time?

I don't think it needs to be further explained, and no one knows how long it will take for Bitcoin to recover - maybe a few months, maybe a year. I think Bankman will take the title of Grinch this Christmas.

[ChartBuddy]

Explanation