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

[Biodom]

Both bitcoin and small stocks are way up.
Either there will be good CPI numbers on the 12th OR they are pumping before dumping on us.
I have seen shorties performed "tricks' like this before.
Hence, I am not buying into a surge, but rather selling small amounts of stonks, not touching btc.
I don't think that we are done for the stonks downside yet (could be going up a bit first, though).

It seems like the bond market has signaled that the Fed isn't going to be raising as much as they think, and markets are celebrating that.  Specifically with Bitcoin, it seems that the worst of the storm is behind us and the melting up has begun.  I expect this to last for quite some time, at least until profit taking for the halving takes place.  It's starting to look like this year is going to be smooth sailing though, at least until the mtgox distribution near the end of the year, but I suspect by then the market will be jumping into Bitcoin before the next bubble happens.  Hopefully that minimized the mtgox downside a bit.

hmm...maybe a 2019-like with acceleration into the end of Q1 instead of mid Q2, then a "flag" related to MtGox, finishing at 60-70% higher by the EOY.

[TrustedBitcoiner]

Both bitcoin and small stocks are way up.
Either there will be good CPI numbers on the 12th OR they are pumping before dumping on us.
I have seen shorties performed "tricks' like this before.
Hence, I am not buying into a surge, but rather selling small amounts of stonks, not touching btc.
I don't think that we are done for the stonks downside yet (could be going up a bit first, though).

It seems like the bond market has signaled that the Fed isn't going to be raising as much as they think, and markets are celebrating that.  Specifically with Bitcoin, it seems that the worst of the storm is behind us and the melting up has begun.  I expect this to last for quite some time, at least until profit taking for the halving takes place.  It's starting to look like this year is going to be smooth sailing though, at least until the mtgox distribution near the end of the year, but I suspect by then the market will be jumping into Bitcoin before the next bubble happens.  Hopefully that minimized the mtgox downside a bit.

i believe that bitcoin is on its own trajectory and what the fed does, or how well the stocks are doing, has little impact on BTC price. sure for a while it was a convenient way to explain price action, but I see nothing out of the ordinary, the past year wouldn't of been significantly difference no matter what the Marco picture was. there maybe some short term correlation, but if you zoom out far enough its all just noise compared to what's really driving the price action.

[Paashaas]

Recieved a phone call from my brother in law early this moring around 6 AM.
He told me that my sister was taken to the hospital with an ambulance, she couldn't endure the sudden serious pain attack in her lower body.

Stood up with instant adraline and stress while pulling my cloth on with haste rushing to the hospital.

Turns out her gallbladder failed working anymore so it needed to removed asap, thankfully they did surgery same day and will stay in the hospital for some day's for possible complications.

She can still lead a normal life without a gallbladder. The liver will still make bile to digest food, but instead of being stored in the gallbladder it drops continuously into the digestive system. A modified diet plan is required to avoid fats especially saturated and trans fats as much as possible which is on the positive side a good thing overall.

She will be fine i guess...yet, was always worried about her health because after she gave birth back in 2009 her health deteriorated. Womb removed and serval organ prolapses over time.
It was a profound medical rollercoaster. Sometimes i question myself what's next and perhaps another serious problem in the foreseeable future which even could lead to a certain death but her health preservered so far but it is ''getting better thought''.

After this incident i instantly canceled the 9 day's tour trip to Egypt next month with her husband and daughter. All paid by me and had everything arranged already, a major dissapointment for sure. (Always get a cancellation insurance!)
Nevertheless, going to book again for autumn break due for her daughters free time school period. That scorching heat during summer is over the top anyway.

The most important reason why i've decided to quit working is to support and spend more time with her -and ofcourse my mother- making good memories. Not my intention to chase money my whole life and be some kind of greedy fck keeping the Bitcoin wealth for my own, i wanna die in piece, aka; to achieve a hearth so light as a feather.

[ChartBuddy]

Explanation

[JayJuanGee]

[edited out]

why dont you start the wall of text observer thread

Already did.  I been here since the mid-4ks (page count).  How about uie-pooie?

By the way, historically, I have not been much of a thread starter.. it has not really been my thingie, if you had not noticed.

if you zoom out far enough its all just noise

Do you mean that the zoomed out not noise of the my lil precious charts is just like the opposite of the you are noise?  Or a different kind of not noise from lillie fiends?  And, what happens if I keep zooming out in order to get away from the noises.  Will we even be able to communicate after having had zoomed so far out there?  

Do you have a recommended zooming out distance.. like maybe zoom out a month or something like that?  

Will the zooming out help with the day tarding in order to figure out if you are going to be able to buy back at $16,700 and which later you moved up your buying back down before up threshold to $16,900?  You probably know quite a bit about these kinds of tarding things, especially if we were to know the right person to ask, which would be to ask you, of course.

[ChartBuddy]

Explanation

[Hhampuz]

$20k before Feb 1, who else can feel it?

[philipma1957]

$20k before Feb 1, who else can feel it?

Don't think so.

I think a strong fallback to 15.8-16.2 is coming.

the whisper on cpi for jan 12 is mid 6


this means :


https://www.bloomberg.com/news/articles/2023-01-10/jamie-dimon-says-fed-may-need-to-hike-interest-rates-beyond-5


So if that is all true I think we hike .50 which is not making a rally

[ImThour]

$20k before Feb 1, who else can feel it?

CPI tomorrow, if data good yes, else no.

[ChartBuddy]

Explanation

[bitcoinPsycho]

$20k before Feb 1, who else can feel it?

Im Backing you

[TrustedBitcoiner]

[edited out]

why dont you start the wall of text observer thread

Already did.  I been here since the mid-4ks (page count).  How about uie-pooie?

By the way, historically, I have not been much of a thread starter.. it has not really been my thingie, if you had not noticed.

if you zoom out far enough its all just noise

Do you mean that the zoomed out not noise of the my lil precious charts is just like the opposite of the you are noise?  Or a different kind of not noise from lillie fiends?  And, what happens if I keep zooming out in order to get away from the noises.  Will we even be able to communicate after having had zoomed so far out there?  

Do you have a recommended zooming out distance.. like maybe zoom out a month or something like that?  

Will the zooming out help with the day tarding in order to figure out if you are going to be able to buy back at $16,700 and which later you moved up your buying back down before up threshold to $16,900?  You probably know quite a bit about these kinds of tarding things, especially if we were to know the right person to ask, which would be to ask you, of course.

zooming in and out is very helpful for day trading.  i am not worried about my 17.2 short because if i zoom out a little we can see that bitcoin's current trend is sideways, zoom out again and the trend is down, zoomed in it looks like my trade was bad i sold and price is keeps going UP! but the zoomed out version shows it will eventually complete successfully.

and that's how its done buddy. easy money  

[vapourminer]

zooming in and out is very helpful for day trading.  i am not worried about my 17.2 short because if i zoom out a little we can see that bitcoin's current trend is sideways, zoom out again and the trend is down, zoomed in it looks like my trade was bad i sold and price is keeps going UP! but the zoomed out version shows it will eventually complete successfully.

and that's how its done buddy. easy money  

dude. easy money is when you make it in your sleep. thats how investments work.

[philipma1957]

zooming in and out is very helpful for day trading.  i am not worried about my 17.2 short because if i zoom out a little we can see that bitcoin's current trend is sideways, zoom out again and the trend is down, zoomed in it looks like my trade was bad i sold and price is keeps going UP! but the zoomed out version shows it will eventually complete successfully.

and that's how its done buddy. easy money  

dude. easy money is when you make it in your sleep. thats how investments work.

but perfect timing works so much better.

buy at 6 sell at 1100
buy in again at 100 sell at 19000
buy in again at 3900 sell at 67k
buy in again at 29k sell at 68k

only needed 4 moves to be pretty. much perfect.

please note this is tongue in cheek joke


I guess next move was buy at 15.7k. in November  sell at ? later on.

[TrustedBitcoiner]

zooming in and out is very helpful for day trading.  i am not worried about my 17.2 short because if i zoom out a little we can see that bitcoin's current trend is sideways, zoom out again and the trend is down, zoomed in it looks like my trade was bad i sold and price is keeps going UP! but the zoomed out version shows it will eventually complete successfully.

and that's how its done buddy. easy money  

dude. easy money is when you make it in your sleep. thats how investments work.

but perfect timing works so much better.

buy at 6 sell at 1100
buy in again at 100 sell at 19000
buy in again at 3900 sell at 67k
buy in again at 29k sell at 68k

only needed 4 moves to be pretty. much perfect.

please note this is tongue in cheek joke


I guess next move was buy at 15.7k. in November  sell at ? later on.

if you can catch a couple 10-15% swings along the way, that's 10-15% more ammo you can spend on the bigger swings.

 

[Torque]

$20k before Feb 1, who else can feel it?

CPI tomorrow, if data good yes, else no.

Meh, they got their thumb on all the markets rn.

I think we've got at least 4-5 more months of sideways.

Now is a great time to DCA.

When bitcoin suddenly and for no reason jumps back to the $23-25k range and stays in that for long time, it's on like Donkey Kong.

[El duderino_]

$20k before Feb 1, who else can feel it?

CPI tomorrow, if data good yes, else no.

Meh, they got their thumb on all the markets rn.

I think we've got at least 4-5 more months of sideways.

Now is a great time to DCA.

When bitcoin suddenly and for no reason jumps back to the $23-25k range and stays in that for long time, it's on like Donkey Kong.

Give us DK

[ChartBuddy]

Explanation

[philipma1957]

$20k before Feb 1, who else can feel it?

CPI tomorrow, if data good yes, else no.

Meh, they got their thumb on all the markets rn.

I think we've got at least 4-5 more months of sideways.

Now is a great time to DCA.

When bitcoin suddenly and for no reason jumps back to the $23-25k range and stays in that for long time, it's on like Donkey Kong.

Give us DK

Well I am not quite ready for a 10k candle maybe on Jan 27th

[xhomerx10]

$20k before Feb 1, who else can feel it?

CPI tomorrow, if data good yes, else no.

Meh, they got their thumb on all the markets rn.

I think we've got at least 4-5 more months of sideways.

Now is a great time to DCA.

When bitcoin suddenly and for no reason jumps back to the $23-25k range and stays in that for long time, it's on like Donkey Kong.

Give us DK

Well I am not quite ready for a 10k candle maybe on Jan 27th

 That would coincide nicely with World Breast Pumping Day.  Count me in!  I like to watch.