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

[bangjoe]

BTCBitcoin update:
There is a high chance price moves back up to the 17500-17700 area then drop hard to 10k.
This move will be quick and could manipulate many traders and in the process price will print a double top pattern that could look like the one below.

Twitter

speculation is speculation, and prediction is prediction everyone already understands, but no one can read the emotions of the market in the future.
I do not deny speculation that predictions are perfected by speculation and that sometimes predictions are also right on target, but it depends on one's level of understanding, experience and luck in predicting.
Many analysts say like you said that Bitcoin has the potential to decrease to 10k, if that happens it will be the basis of the current price cycle, of course, I am not worried about that, to be precise my DCA will continue and of course, and I will prepare funds to sink at the bottom of the price when there is a decline.

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[ChartBuddy]

Explanation

[Lucius]

What a fiasco about all this desire to push the Argentines to the finals, with the ban on the use of VAR technology in all disputed situations, to the point of declaring this character the best goalkeeper of the tournament - mom is especially proud of him

#argentinoprimitivo

[vroom]

EDIT:
Looks like Musk will be out of Twitter / as head if he sticks to his poll result. Can't see Tesla shareholders giving him much time to sort things out and possibly wanting him gone from there also.

may I introduce the new twitter CEO to you:

[ChartBuddy]

Explanation

[montaga]

..........
EDIT:
Looks like Musk will be out of Twitter / as head if he sticks to his poll result. Can't see Tesla shareholders giving him much time to sort things out and possibly wanting him gone from there also.

Can he save twitter?
https://twitter.com/Snowden

[BitcoinBunny]

What a fiasco about all this desire to push the Argentines to the finals, with the ban on the use of VAR technology in all disputed situations, to the point of declaring this character the best goalkeeper of the tournament - mom is especially proud of him

#argentinoprimitivo

Jesus Christ what a farce.

After the game, he explained to Argentine radio station La Red: "I did it because the French booed me. Pride does not work with me."
....

After the game, footage from the Argentina dressing room showed Martinez asking his team-mates for a "minute’s silence" for Kylian Mbappe, who was now "dead".

Seems they deserved all the (so called) "hate" I slung at them and in fact, far more.

 

I remember Italy being another quite "iffy" winner for the Euros last year with the captain's massive shirt pull on Saka towards the end. Should have been yellow carded as minimum.

Shame a respectful team with respectful supporters, such as Japan didn't win yesterday.
I reckon THEY should be considered as another host nation for the World Cup soon.

[kellrobinson]

That green trace is the bitcoin usd moving geometric mean over 105,000 blocks, one half cycle.  chart2 below better illustrates the sinusoidal nature of bitcoin's price cycle as its moving geomean swings between peak (pale blue) and trough (red).



The horizontal axis units are block height divided by 140, so the halvings occur at multiples of 1500.  As you can see, the geomean had a zero crossing at 3000 (the second halving).  
The price action recently is getting compressed in time.  The geometric mean had a zero crossing early, before the third halving.  And the latest geomean peak appears to have come prematurely  .  Maybe people are trying to front-run the halvings.

[psycodad]

EDIT:
Looks like Musk will be out of Twitter / as head if he sticks to his poll result. Can't see Tesla shareholders giving him much time to sort things out and possibly wanting him gone from there also.

may I introduce the new twitter CEO to you:

IIRC he (who shall not be named, aka 'Elmo' resp. 'Space Karen') had to promise to name a CEO until a certain date when the takeover was in dispute (can't find the link anymore, sorry), so it seems as he _had_ to step down as CEO - now he's just making a big show of what he had to do in near future anyway.

Though the 'birdsite' mocking on Mastodon is great fun to watch in the meantime.. (right now the Fediverse gets around 1 new user every second and Elmo is apparently panicking about it).

[Lucius]

Seems they deserved all the (so called) "hate" I slung at them and in fact, far more.

The whole world saw that they had a privileged status, but they also showed how much they respected their rivals by trampling national flags and jerseys and throwing them in the trash (Mexico and Croatia).

Shame a respectful team with respectful supporters, such as Japan didn't win yesterday.
I reckon THEY should be considered as another host nation for the World Cup soon.

Speaking of fans, see how the Croatian national team was welcomed in the capital despite the cold, and what a famous actress Kate Beckinsale said about the celebration.

[ChartBuddy]

Explanation

[JayJuanGee]

BTCBitcoin update:
There is a high chance price moves back up to the 17500-17700 area then drop hard to 10k.
This move will be quick and could manipulate many traders and in the process price will print a double top pattern that could look like the one below.

Twitter

You mean that if you are able to draw squiggly lines on a chart that look convincing, then at that point your squiggly lines become a "high chance" to become true?

How high of a chance are you talking about?

Do you feel so confident that you are willing to give odds?  or how confident are you about this "high chance" that you describe?  70% or higher?  80%?  or higher than that?

[ChartBuddy]

Explanation

[philipma1957]

 Looking to see if we fizzle  a bit.

Mostly seems to be sideways.

[jojo69]

Voyager Announces Agreement for Binance.US to Acquire Its Assets

The Binance.US bid, which sets a clear path forward for Voyager customer funds to be unlocked as soon as possible, is valued at approximately $1.022 billion and is comprised of (i) the fair market value of Voyager's cryptocurrency portfolio at a to-be-determined date in the future, which at current market prices is estimated to be $1.002 billion, plus (ii) additional consideration equal to $20 million of incremental value. The Company's claims against Three Arrows Capital remain with the bankruptcy estate, and any future recovery on these and other non-released claims will be distributed to the estate's creditors.

[ChartBuddy]

Explanation

[eXPHorizon]

Speaking of fans, see how the Croatian national team was welcomed in the capital despite the cold, and what a famous actress Kate Beckinsale said about the celebration.

For me They are the Greatest People and Club. ❤️🇭🇷🇭🇷🇭🇷❤️ No comparison on whole world i swear..

Obitelj !

[alastantiger]

Voyager Announces Agreement for Binance.US to Acquire Its Assets

The Binance.US bid, which sets a clear path forward for Voyager customer funds to be unlocked as soon as possible, is valued at approximately $1.022 billion and is comprised of (i) the fair market value of Voyager's cryptocurrency portfolio at a to-be-determined date in the future, which at current market prices is estimated to be $1.002 billion, plus (ii) additional consideration equal to $20 million of incremental value. The Company's claims against Three Arrows Capital remain with the bankruptcy estate, and any future recovery on these and other non-released claims will be distributed to the estate's creditors.

I saw this today while watching the news and no one could have guessed that this was going to be Binance.us move.I am scared because I do not want to see a time when Binance would be the dominant player with weak competition. That will not look so good. I am following the news closely.

[ChartBuddy]

Explanation

[Cryptotourist]

Awfully quite recently, must be the winter solstice closing in or something.