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

[John Abraham]

Not sure if this had been posted before: https://www.bbc.com/news/technology-60576373

Now it's clear why they want Binance to collapse. You go against the system you die. What CZ did was he just refused to rob Russian users 

WTF is happening in this world? I am with Binance on their decision. Average people shouldn't suffer from political drama/war whatever you name it.

[ChartBuddy]

Explanation

[Unknown Op]

https://twitter.com/nocontextfooty/status/1605598020623511552?t=Q6o4j9PD1UYs5-d0SJo9Cw&s=19

[ChartBuddy]

Explanation

[Cryptotourist]

Happy winter solstice.
It’s the day of the year that light beats darkness.


Oh JJ, come out, come out, wherever you are!
I’m going to make it really easy for you.
In the meantime:

Stuck in the middle with you

Clowns to the left of me
Jokers to the right
Here I am stuck in the middle with you.

[OgNasty]

I can't get over the fact that the last couple of months have been extremely stable for Bitcoin while traditional assets have been all over the place.  It seems like people would rather be holding BTC than the S&P 500 at the moment.  Even Elon Musk is saying on Twitter that smart people he knows are shorting the S&P 500 while he continues to hold his BTC.  If we do avert a recession and the Fed is successful with their 'soft landing' I think we will see the mother of all Bitcoin rallies.  I'm starting to see the perfect storm on the other side of the valley.

[ChartBuddy]

Explanation

[shahzadafzal]

I can't get over the fact that the last couple of months have been extremely stable for Bitcoin while traditional assets have been all over the place.  It seems like people would rather be holding BTC than the S&P 500 at the moment.  Even Elon Musk is saying on Twitter that smart people he knows are shorting the S&P 500 while he continues to hold his BTC.  If we do avert a recession and the Fed is successful with their 'soft landing' I think we will see the mother of all Bitcoin rallies.  I'm starting to see the perfect storm on the other side of the valley.

This means we are at the bottom now? Sorry JJG we are not going below 16k reevaluate your DCA...  Regarding the recession which analysts predicted is already upon us, but still bitcoin is showing consistency.

I think during recession people will be attracted to Bitcoin more compared to traditional S&P 500.

Bitcoin will prove itself a recession proof investment/asset

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Cryptotourist]

Regarding the recession which analysts predicted is already upon us, but still bitcoin is showing consistency.

I think during recession people will be attracted to Bitcoin more compared to traditional S&P 500.

Bitcoin will prove itself a recession proof investment/asset

Bitcoin is already a hedge against recession, inflation, government oppression, you name it.
Just take a look at the BTC/RUB pair for 2022. It formed a third top/ATH for Russian Bitcoin holders, whilst at the same time Russian stocks plummeted.


Just got a [newsletter] email from Tradingview:

BITCOIN - Forming Reversal Pattern - Ending Diagonal
Bitcoin is forming a reversal pattern known as Ending Diagonal. Ending diagonals form in Wave 5 or in Wave C. This is one of the more reliable reversal pattern with easy confirmation. It is important to note that the 5th wave of the ending diagonal can sometimes fall short or even extend therefore it's important to wait for confirmation. Confirmation for this reversal pattern will be the break of the diagonal. Further confirmation will be a break above the completion of the 4th wave. - WickatorFX

[emphasis mine]

Holly Molly.

[vapourminer]

breaking: proudhon gets busted by the cops

https://www.youtube.com/watch?v=HB_CYgi_wdc

[ChartBuddy]

Explanation

[Hueristic]

In reality, Binance.US appears to be little more than a facade to obfuscate the fact that an unregulated offshore crypto business currently under investigation for money laundering and sanctions violations is doing business in the United States despite being banned from the country.

https://dirtybubblemedia.substack.com/p/is-binanceus-a-fake-exchange

[Cryptotourist]

Alright.

Cryptotourist dies with this post - because of reasons.

It’s been brewing in my head since earlier this year, but only now getting round to it.
I will lock this account with a random password that I won’t be able to recreate.
Of course the email reset option will remain for now, but if this account ever posts again in the future, I urge anyone with two brain cells to ask for confirmation with the fingerprint on the profile AND the stacked Bitcoin address.
Moderators can also ban it for all I care. [kindly consider this post a request]

It’s been a real pleasure posting amongst you guys n girls.
Peace out.

Sunset

[Unknown Op]

Twitter now displays the #Bitcoin BTC chart directly in app



https://twitter.com/BitcoinMagazine/status/1605672662449152027?t=mEKpoO6dxofXTtUp4nXGCw&s=19

[BitcoinBunny]

Lol @ the criminal US government trying to pass a $1.7 trillion bill.  More than 5 times the entire BTC market cap.   

[ChartBuddy]

Explanation

[philipma1957]

BTCitcoin $16.9k<$21k in 31 Dec 2022

Bitcoin 20k plus Christmas Day December 31 Bitcoin price on this occasion will get

If we reach over 20 k this year it will be a christmas 🎄 miracle

[serveria.com]

Alright.

Cryptotourist dies with this post - because of reasons.

It’s been brewing in my head since earlier this year, but only now getting round to it.
I will lock this account with a random password that I won’t be able to recreate.
Of course the email reset option will remain for now, but if this account ever posts again in the future, I urge anyone with two brain cells to ask for confirmation with the fingerprint on the profile AND the stacked Bitcoin address.
Moderators can also ban it for all I care. [kindly consider this post a request]

It’s been a real pleasure posting amongst you guys n girls.
Peace out.

Sunset

Finally, thanks God!