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

[ChartBuddy]

Explanation

[1714612129]

1714612129

[1714612129]

1714612129

[hisslyness]

Bitcoin BTC illuminates the path to economic sovereignty, innovation, and boundless prosperity.

It's the Best idea we've ever had.

3.3 Merits

I got this one for you Bob!

[BobLawblaw]

Farewell, dirty Dollar.

Hello clean Yuan?!???

[ChartBuddy]

Explanation

[shahzadafzal]

Another Satoshi debate :p

Ok so apparently on April 26, 2011,  Satoshi Nakamoto sent his final emails to fellow developers 📧 and until this day, it remains a mystery who Satoshi actually is 👀

But debate is always on and this time coinmarketcap brought some more fa_ts and figures to dig out who's Satoshi and and they also started Twitter Poll for that

https://twitter.com/CoinMarketCap/status/1651231357392003072

As always their list starts with the legend Dorian Nakamoto

The Options
Dorian Nakamoto
Hal Finney
Craig Wright
Nick Szabo
Wei Dai
Gavin Andresen
David Kleiman
Michael Clear
Zooko Wilcox O’Hearn
Martti Malmi
Adam Back
David Chaum
Paul Caulder Le Roux
Sergey Nazarov

Irrespective of their twitter poll results, their final reveal is not that bad though

https://coinmarketcap.com/alexandria/article/who-is-satoshi-nakamoto

[Learn Bitcoin]

Irrespective of their twitter poll results, their final reveal is not that bad though

I am glad they didn't said CSW is real Satoshi 

[ChartBuddy]

Explanation

[OutOfMemory]

With the mtgox funds on the move the market appears to be a little spooked that distribution is going to result in a price crash. Investors apparently trying to get ahead of this love caused a price drop of nearly 10%. Very interesting to see the market so sensitive to the news cycle. I guess people really think a lot of the gox BTC is going to hit the market.

AS IF MtGox OGs would sell off their Bitcoin at the beginning of a bull market  
MGOGs were living through three cycles at least.
"Investors" are fucking greedy nuts. I wouldn't want to live under that constant pressure of being forced to deliver xx% of gains every week/month/year.

Stop it will you? Last time one WOer talked about pants, I was left without them.

https://www.imdb.com/title/tt0810709/
Pants-Off Dance-Off
TV Series
Shedding their clothes down to their skivvies while dancing to popular music videos gives some the chance to win bragging rights and cash.

The end is nigh

[_Hiloveua_]

<...>

HODL $30k soon...

"HODL" You are Intoxicated😁

FORTY

Irrespective of their twitter poll results, their final reveal is not that bad though

I am glad they didn't said CSW is real Satoshi  

Lol

WO ;

[ChartBuddy]

Explanation

[Who is John Galt?]

too many market participants behave like a flock of scared pigeons

Isn't that good? Isn't it precisely this kind of behavior that makes trading possible, the volatility of bitcoin and, as a result, the increased interest in it? There is a time for everything: there is a time for frightened pigeons, and there will come a time for self-confident birds!

[ChartBuddy]

Explanation

[MERlT]

too many market participants behave like a flock of scared pigeons

Isn't that good? Isn't it precisely this kind of behavior that makes trading possible, the volatility of bitcoin and, as a result, the increased interest in it? There is a time for everything: there is a time for frightened pigeons, and there will come a time for self-confident birds!

Fuck! Traders

[ChartBuddy]

Explanation

[Who is John Galt?]

too many market participants behave like a flock of scared pigeons

Isn't that good? Isn't it precisely this kind of behavior that makes trading possible, the volatility of bitcoin and, as a result, the increased interest in it? There is a time for everything: there is a time for frightened pigeons, and there will come a time for self-confident birds!

Fuck! Traders

Everyone has their own place in the ecosystem, traders also bring their share of benefit to society ... if you keep them within limits. 😂

[ChartBuddy]

Explanation

[bitebits]

Haven't seen the 4th bear market report (22 pages) by Tuur Demeester shared yet. Worth a read since the previous three reports (2012, 2015, 2019) turned out to be quite prophetic. One conclusion is we are currently in the accumulation phase (price range $22k-$42k) until a new multi-year bull market pushes it well north of $120,000. IMHO it won't take long before all coins in the twenties are permanently sold and we are firmly back into the thirties. Time to HODL, sit back, and enjoy the ride.

https://global-uploads.webflow.com/64146a6197229d65fe665d88/6447db3b49378e26a7154596_position-bitcoin-boom-adamant.pdf
Another conclusion is dollar-cost-averaging sucks vs. lump sum, something the royal we already concluded on the WO.

For those in a hurry the first page with the conclusions:

[BitcoinBunny]

Looks like China is going to try to resolve the Ukraine crisis and crush the criminal American neocons' attempts to create conflict in the world, which it clearly is doing to boost its Military Industrial Complex money laundering scams despite the heartbreaking Ukrainian losses in lives and economic destruction.

If China is successful this could be a huge boost for peace and of course BTC's price when resolved I reckon.

 

Xi holds first call with Zelensky since Russia’s invasion – and promises delegation to Kyiv
https://uk.yahoo.com/news/xi-holds-first-call-zelensky-172051439.html

“As a permanent member of the UN Security Council and a responsible major country, we will neither sit idly by, nor pour oil on fire, still less seek to profit from it,” President Xi said in what was a possible dig at Western nations that have been very vocal in their support for Kyiv.

Xi makes the current western leaders look like the complete imbeciles that they clearly are.

[ChartBuddy]

Explanation

[Gachapin]

Bitcoin BTC illuminates the path to economic sovereignty, innovation, and boundless prosperity.

It's the Best idea we've ever had.

reported for plagiarism
https://twitter.com/MemeingBitcoin/status/1650966036965933058

Bitcoin price action similarities between 2019 and 2023

The conclusion of hash rate wars in 2018 saw Bitcoin price crash from roughly $6,000 to $3,000. This sudden drop formed a local bottom for BTC, which was followed by 107 days of consolidation.

This consolidation ended on April 1, when Bitcoin price shot up and formed a bullish divergence on the daily chart. The setup was followed by a 173% upswing in the next two months, which pushed BTC to form a local top at $13,880.

In 2023, a similar setup has formed, indicating that the ongoing coiling up is likely to lead to a similar outlook. While a 173% upswing is unlikely, investors can expect Bitcoin price to push deeper into the weekly Bearish Breaker area, extending from $29,247 to $41,273.

The likely targets are the midpoint of the said breaker at $35,260 and the range high at $41,273.

reported for plagiarism
https://www.binance.com/en/feed/post/455188