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

[ChartBuddy]

Explanation

[Gachapin]

21 k

[OutOfMemory]

RSI starting to looking more like 2019, so yep 
Looks like this was the bottom, ladies and gentlemen.
Nocoiners prolly will refuse to buy at next ATH -80%, too. Why not?
YOLO, instead of throwing money at an internet money scam 

hodl, hold, hodl!
time to get me some nice sleep.
sorry, nocoiners.

#prematureHaiku

[TheJuice]

21 k

Love to see it

[HI-TEC99]

[STT]

OMG.. pink.

that's outrageous.

Funny thing is pink is tradition for finance, not sure why.    I much prefer it to a white background on a chart, it makes for a good contrast and its a naturally occurring color so why not.

https://www.investopedia.com/terms/i/inthepink.asp


I think 20k is most important to hold for the next week or so while waiting for 200 day average to turn upwards and we gain momentum more important then just spiky bursts which can reverse more easily then a tide change imo.

[TheJuice]

OMG.. pink.

that's outrageous.

Funny thing is pink is tradition for finance, not sure why.    I much prefer it to a white background on a chart, it makes for a good contrast and its a naturally occurring color so why not.

https://www.investopedia.com/terms/i/inthepink.asp


I think 20k is most important to hold for the next week or so while waiting for 200 day average to turn upwards and we gain momentum more important then just spiky bursts which can reverse more easily then a tide change imo.

Agreed. I wouldn't mind us trading side ways for a couple weeks to establish a new baseline. I do think there's a chance we continue higher. We kept tickling 25k prior to F(raud)TX collapse.

[ChartBuddy]

Explanation

[aesma]

The macro question is: how much the US will get f-ed up by a self-imposed debt ceiling situation.
Mind you, I don't think that debt ceiling per se is something bad...it is just the way they are talking about 'solving' it might bring attention to the size of that debt and the consequences of it.

Here are some background stories from the "right" and "left", respectively:

https://news.yahoo.com/house-republicans-prepare-emergency-plan-000250667.html

https://newrepublic.com/post/170016/mint-trillion-dollar-platinum-coin-dark-brandon

And here is....Davos/WEF/etc, etc.:

https://dnyuz.com/2023/01/14/davos-confronts-a-new-world-order/

Perhaps, both the latter and the former explains upcoming btc surge.

The Times They Are A-Changin':

https://www.youtube.com/watch?v=90WD_ats6eE

Didn't know about the platinum coin, that's funny. Too bad they don't do it, it's not really worse than the ridiculous clown show they'll make about the debt ceiling.

I don't understand how such hypocrisy is possible without consequences, under Trump in 2017-2018 the GOP controlled all branches of government, did they balance the budget ? No, they blew a massive hole in it...

[Tipeform$]

Bitcoin has crossed the 200 day MA.

#Bitcoin    has crossed the 200 Day Moving Average!



Source

[ChartBuddy]

Explanation

[TheJuice]

Bitcoin has crossed the 200 day MA.

#Bitcoin    has crossed the 200 Day Moving Average!



Source

cheer mate

[TrustedBitcoiner]

when btc starts to fall back down to earth, the alts are going to have a real bad time.

[Tipeform$]

Bitcoin has crossed the 200 day MA.

#Bitcoin    has crossed the 200 Day Moving Average!



Source

cheer mate

Love it bro
Market high
happy moment 💡

[ChartBuddy]

Explanation

[Gachapin]

when btc starts to fall back down to earth....

lol
good luck with your short....

[dragonvslinux]

when btc starts to fall back down to earth....

lol
good luck with your short....

Depends how you're shorting. Bitcoin dominance up 4% this week and also appears to be breaking out to the upside, some larger altcoins holding strong against Bitcoin, others falling hard despite dollar "gains". Again this has all the hallmarks of a trend reversal, Bitcoin pumping and alts lagging. Shorting alts in 2019 for satoshi profits was magnificent. Hopefully this year will be the same.

[Gachapin]

when btc starts to fall back down to earth....

lol
good luck with your short....

Depends how you're shorting. Bitcoin dominance up 4% this week and also appears to be breaking out to the upside, some larger altcoins holding strong against Bitcoin, others falling hard despite dollar "gains". Again this has all the hallmarks of a trend reversal, Bitcoin pumping and alts lagging. Shorting alts in 2019 for satoshi profits was magnificent. Hopefully this year will be the same.

Yes that's true.  But I think he shorted Bitcoin.


( I lold because Bitcoin being down to earth means < 20k to him, and because he wrote "when" and not "if"... like he could be sure of it. ....  since his short is under water it all comes off as rather wishful thinking )

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation