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

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Popkon6]

Luna, Celcius, FTX This caused the BTC market to dump.  But the market is still unknown in which direction the future will turn.

[ChartBuddy]

Explanation

[heslo]

Another 2500BTC to Saylor!

https://twitter.com/saylor/status/1608086703843180544

[cygan]

https://twitter.com/saylor/status/1608086703843180544

[ChartBuddy]

Explanation

[Torque]

OT: China scrapping zero Covid policies announced in the last month of 2022. Expecting a full reopening early next year before or around Chinese New Year.

https://www.cnn.com/2022/12/26/business/china-travel-covid-quarantine/index.html
https://www.zerohedge.com/covid-19/hong-kong-scraps-covid-curbs-revive-economic-hub

Color me shocked. Shocked I tells ya! What timing!      

pikachuface.jpg

OT: The rest of the world's financial markets are more connected to and dependent on China than we're led to believe.

https://www.zerohedge.com/markets/beijing-pivots-china-issues-sweeping-property-rescue-package-kickstart-economy

[fillippone]

https://twitter.com/saylor/status/1608086703843180544

Devil is in the details.
for the first time they actually sold some Bitcoin!

[Torque]

Glad I didn't buy any Tesla shares. Fuck sake. It's in a total death spiral now.

 

starts to look like a shitcoin chart

When Elon was complaining that Tesla was on the verge of bankruptcy when Fed rates were at 0%, just imagine what sustained rates at 5%+ are going to do for his company if things don't change soon. 🤷

Also let's not forget that Elon sold a shit ton of Tesla stock (as well as bitcoin) at the end of 2021, supposedly for "tax purposes".  

Was he an absolute financial genius with expert market timing?

No. He was tipped off by insiders of where markets were going to go in 2022 and beyond.

[ChartBuddy]

Explanation

[cygan]

✂

who of you hat wearers would be interested in an individual ColdKey hat edition?
some info & another releases from ColdKey could be found here:
[ANN] History Coldkey - A testimony to Bitcoin - Time for change has come !
[ANN / WTS] Bas Coldkey -- Reeeee: Collectible Cards of Bitcointalk Users.

i would first like to know/see only with it how big the resonance would be

BTCump
for those who missed it on the last page

[xhomerx10]

I typically think that bitboy is a bit obnoxious, pushing s-tcoins, yada, yada, but here is a pretty good summation of, basically, three possibilities for bitcoin in 2023 and going forward:

https://www.youtube.com/watch?v=SN1aowWFA2U

I happen to agree with a conventional "cycle" scenario as being the most likely.
We shall see.

without actually watching the video (don't wanna contribute by giving him a view)  ....let me guess... 3 possibilities.... is it up, down, and sideways ??

nope

damn.... you are teasing me

 

 Apparently there are 3 prevailing theories for the direction of BTC.
 1 BTC tanks further and doesn't recover to a new ATH until 2028
 2 BTC has bottomed and we make a new ATH at the end of 2024 and peak bull in 2025 (traditional cycle) *
 3 BTC hasn't bottomed (a black swan event causes further declines) but we still make a new ATH at the end of 2024 and peak bull in 2025 (traditional cycle with a near death experience? lol)

* bitboy's prediction.


 It's a lot of sideways and maybe some down followed by some up. 
 HODL

 

[xhomerx10]

✂

who of you hat wearers would be interested in an individual ColdKey hat edition?
some info & another releases from ColdKey could be found here:
[ANN] History Coldkey - A testimony to Bitcoin - Time for change has come !
[ANN / WTS] Bas Coldkey -- Reeeee: Collectible Cards of Bitcointalk Users.

i would first like to know/see only with it how big the resonance would be

BTCump
for those who missed it on the last page

 I may be slightly biased but I think it's a wonderful idea

[ChartBuddy]

Explanation

[LFC_Bitcoin]

 Apparently there are 3 prevailing theories for the direction of BTC.
 1 BTC tanks further and doesn't recover to a new ATH until 2028
 2 BTC has bottomed and we make a new ATH at the end of 2024 and peak bull in 2025 (traditional cycle) *
 3 BTC hasn't bottomed (a black swan event causes further declines) but we still make a new ATH at the end of 2024 and peak bull in 2025 (traditional cycle with a near death experience? lol)

* bitboy's prediction.


 It's a lot of sideways and maybe some down followed by some up. 
 HODL

 

I think scenario 2 or 3 are most likely. I’m leaning towards scenario 3, I think more pain due to the situation the world financial markets are in. The US haven’t even admitted we’re in a recession yet.

[cygan]

✂

who of you hat wearers would be interested in an individual ColdKey hat edition?
some info & another releases from ColdKey could be found here:
[ANN] History Coldkey - A testimony to Bitcoin - Time for change has come !
[ANN / WTS] Bas Coldkey -- Reeeee: Collectible Cards of Bitcointalk Users.

i would first like to know/see only with it how big the resonance would be

BTCump
for those who missed it on the last page

 I may be slightly biased but I think it's a wonderful idea

since some users here may no longer look in, it is certainly difficult to reach all hat wearers...
then i might have to list them all here and hope that they all use the bitcointalk telegram bot from TryNinja and get triggered by it
and there are since the time also certainly new hats added

[ImThour]

Is this his first BTC sell?

https://twitter.com/unusual_whales/status/1608139473908555777

[ivomm]

The 2022 was very rough for Bitcoin. Almost all institutional investors turned out to be ponzis. How and when the trust in Bitcoin offering institutions will be restored, I have no idea. I think the first few months of the next year will give us a hint what will happen in 2025. If the steady downward continues there are chances 2023 to end up with lower prices than now. And this will cast a doubt whether the halving will lead to a new ATH. May be this will be the first time for this pattern to break?

Now, it is clear to everyone that the price is no longer a function of demand/supply only. There are quite a few big players manipulating the price. Some of them do it legally, others completely illegaly. For example, the fishy everyday liquidation of the longs in 2022 was due to the war between 3AC and Almeida. The worst part is that Almeida shorted thousands of paper Bitcoins. Hopefully, the foul players will be all out of the play and this will bring a healing to the market. Then we can hope for a new ATH in 2025 and possibly an exponential bull run with ATH's above 150K.

But I'm a bit sceptical about the exent of the next bull run. First of all, there is always our arch enemy China with their pannic ban announcements every time bitcoin is in the bull territory for more than a month. Their whole economy is a tower of cards and they are terrified of bitcoin like satan of Jesus. And whether we wish it or not, hundreds of millions chinese will find a way to purchase Bitcoins during the bull run and then dump it with a huge loss when each monday PBOC publishes a newsletter how it will ban bitcoins, vpn's and put in jail the users of vpn's. Second, Bitcoin is a threat to the world fiat empire and there always be old corrupt clowns like Gensler, US and EU bakners etc. who seek a way to ban via POW enviroment arguments. And finally, there always be plenty of morons to trust other liars with their money, creating a cluster of ponzis which will collapse in the same way as FTX, Almeida, 3AC, terra, etc.

So, I expect the next bull run to start somewhere in 2025 with a possible delay to 2029 if there are other major issues. Then the bear market will come again, unless all the above scenarious change by then. I dream of a world with Bitcoin recognized as the only true money and becoming invincible to any FUD. Bitcoin survived all kind of trials and storms, and it will survive any other storm on the way. So, no need to worry about fiat savings and expenses. Just keep hodling+DCAing and all will be fine.

[ChartBuddy]

Explanation