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

[Hyperjacked]

Bitcoin is getting ready for another move higher imo… looks like its been climbing the bulltard steps over the past week… or it might dump through the floor but I higher doubt it with the domino bank debacle just getting stated!
30k$ target price within 5 days imho  

Sitting at 24,790$

[Gachapin]

yea, it's like 6% of Swiss GDP....peanuts, right? /s
back here, two offending banks might be sold, afterall.

https://www.reuters.com/business/finance/us-regulator-taps-piper-sandler-new-bid-sell-silicon-valley-bank-sources-2023-03-15/

A hidden pearl found at that link:

Any buyer of Signature must agree to give up all the crypto business at the bank, the two sources added.

..in the face of the upcoming CBDCancer, it almost seems that tptb seek to eliminate on and off ramps for retail, so that cRypTo Bitcoin becomes the pawn of the rich and powerful..

[ChartBuddy]

Explanation

[AverageGlabella]

Bitcoin is getting ready for another move higher imo… looks like its been climbing the bulltard steps over the past week… or it might dump through the floor but I higher doubt it with the domino bank debacle just getting stated!
30k$ target price within 5 days imho   

Sitting at 24,790$

You are more optimistic then me we have had a lot of bad news in the last 7 days and I think it will keep the price where it is at currently. I think April might be our best bet to escape the $25000 resistance but I cannot be sure. The Silicon Valley Bank and another Swiss bank in Europe having trouble has helped Bitcoin gain a little more price recently but I do not think it will be enough until more banks announce their failures in the next couple of months.

[vapourminer]

Bitcoin is getting ready for another move higher imo… looks like its been climbing the bulltard steps over the past week… or it might dump through the floor but I higher doubt it with the domino bank debacle just getting stated!
30k$ target price within 5 days imho   

Sitting at 24,790$

You are more optimistic then me we have had a lot of bad news in the last 7 days and I think it will keep the price where it is at currently. I think April might be our best bet to escape the $25000 resistance but I cannot be sure. The Silicon Valley Bank and another Swiss bank in Europe having trouble has helped Bitcoin gain a little more price recently but I do not think it will be enough until more banks announce their failures in the next couple of months.

this is where you find that honeybadger doesnt give a fuck

[ChartBuddy]

Explanation

[Macadonian]

The next two hours we should break the $25,00 resistance! For the 2nd time in a couple of weeks. I think we might push on from here without dropping back down we might finally be able to challenge the $30,000 price. We just need more banks to fail in the next couple of days and it should continue rising. I do not know why multiple banks are failing in the same week but I hope it continues for the price of Bitcoin!

[BitcoinBunny]

Video shows Russian jet dumping fuel on US Reaper drone during 'reckless' interception over Black Sea
https://uk.yahoo.com/news/video-shows-moment-russian-fighter-102100949.html

Pretty good job by that Russian fighter pilot. Like a reverse Top Gun Maverick.  

Top Gun: Dmitri

American officials have accused the Russian pilots of flying in a "reckless, environmentally unsound and unprofessional manner".

They also said a Chinese weather balloon was an alien spacecraft.
 

[pixie85]

The next two hours we should break the $25,00 resistance! For the 2nd time in a couple of weeks. I think we might push on from here without dropping back down we might finally be able to challenge the $30,000 price. We just need more banks to fail in the next couple of days and it should continue rising. I do not know why multiple banks are failing in the same week but I hope it continues for the price of Bitcoin!

Really? It broke 25000 5 hours ago. It also broke it yesterday and the day before. Looking at bitfinex right now:
26529 on March 14,
25324 March 15,
25102 today.

Going above 25 is easy. Staying there for more than a day is the hard part

Pretty good job by that Russian fighter pilot. Like a reverse Top Gun Maverick.  

He was good up until the moment he got to close and clipped his rotor.

[Macadonian]

The next two hours we should break the $25,00 resistance! For the 2nd time in a couple of weeks. I think we might push on from here without dropping back down we might finally be able to challenge the $30,000 price. We just need more banks to fail in the next couple of days and it should continue rising. I do not know why multiple banks are failing in the same week but I hope it continues for the price of Bitcoin!

Really? It broke 25000 5 hours ago. It also broke it yesterday and the day before. Looking at bitfinex right now:
26529 on March 14,
25324 March 15,
25102 today.

Going above 25 is easy. Staying there for more than a day is the hard part

I know it is the hard part and I know we have breached $25,000 a few times in the last couple of weeks but we did not have several banks failing and being all over the news then. I think if we get above it again for the 2nd time in 24 hours we should stay above it because that is a sign of people dropping their bearish attitude and buying more Bitcoin.

[Gachapin]

maybe it's too early to talk about 30k, but...

since many turned bearish when the 30k level was lost, I expect many to turn bullish, when we reach it again..

going from 30k to 40k could be way easier than going vom 20k to 30k.  And I don't mean the obvious +33% vs + 50%, but sentiment-wise.

[ChartBuddy]

Explanation

[BitcoinBunny]

maybe it's too early to talk about 30k, but...

since many turned bearish when the 30k level was lost, I expect many to turn bullish, when we reach it again..

going from 30k to 40k could be way easier than going vom 20k to 30k.  And I don't mean the obvious +33% vs + 50%, but sentiment-wise.

For sure, many bought in when Musk started to buy BTC in the $30,000s

When they see that price again they will fomo in again I bet.

[Gachapin]

maybe it's too early to talk about 30k, but...

since many turned bearish when the 30k level was lost, I expect many to turn bullish, when we reach it again..

going from 30k to 40k could be way easier than going vom 20k to 30k.  And I don't mean the obvious +33% vs + 50%, but sentiment-wise.

For sure, many bought in when Musk started to buy BTC in the $30,000s

When they see that price again they will fomo in again I bet.

a bit of a simple minded scenario:

if we went by last cycle's performance and its ratios, price would hit 45k by June and after that stay between 45k and 25k for another 16 months..

[darkangel11]

a bit of a simple minded scenario:

if we went by last cycle's performance and its ratios, price would hit 45k by June and after that stay between 45k and 25k for another 16 months..

Fine, but why would bitcoin follow last bear market ratios if it did not follow them in the bull market and in the early stages of the bear?
IMO bitcoin's bottom would have been somewhere above 20k if not for the scammers and their impact.

[ChartBuddy]

Explanation

[goldkingcoiner]

Video shows Russian jet dumping fuel on US Reaper drone during 'reckless' interception over Black Sea
https://uk.yahoo.com/news/video-shows-moment-russian-fighter-102100949.html

Pretty good job by that Russian fighter pilot. Like a reverse Top Gun Maverick.  

Top Gun: Dmitri

American officials have accused the Russian pilots of flying in a "reckless, environmentally unsound and unprofessional manner".

They also said a Chinese weather balloon was an alien spacecraft.
 

Not sure what you would consider to be a "good job" but it took him 19 tries and he crashed into the drone in the end anyway. The fuel did absolutely nothing except contaminate thousands of fish.

Enjoy your sushi.

[BitcoinBunny]

Video shows Russian jet dumping fuel on US Reaper drone during 'reckless' interception over Black Sea
https://uk.yahoo.com/news/video-shows-moment-russian-fighter-102100949.html

Pretty good job by that Russian fighter pilot. Like a reverse Top Gun Maverick.  

Top Gun: Dmitri

American officials have accused the Russian pilots of flying in a "reckless, environmentally unsound and unprofessional manner".

They also said a Chinese weather balloon was an alien spacecraft.
 

Not sure what you would consider to be a "good job" but it took him 19 tries and he crashed into the drone in the end anyway. The fuel did absolutely nothing except contaminate thousands of fish.

Enjoy your sushi.

He landed, the drone didn't.

Presumably the altitude would have meant the fuel would have evaporated anyway.
Like what happens with fuel dumps by almost any jet whether military or not done on a frequent basis.

[ChartBuddy]

Explanation

[macson]

where "meme"

The next two hours we should break the $25,00 resistance! For the 2nd time in a couple of weeks. I think we might push on from here without dropping back down we might finally be able to challenge the $30,000 price. We just need more banks to fail in the next couple of days and it should continue rising. I do not know why multiple banks are failing in the same week but I hope it continues for the price of Bitcoin!

what is happening to banks right now is a domino effect and it looks like it will stay like this for the next few days, rumors about the decline in share prices of many banks have been heard since last January.  we still have a hard time predicting the market but it is very likely that bitcoin will not drop below $20k again.