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

[ChartBuddy]

Explanation

[El duderino_]

Weekend approaches,
Bitcoin price may see a bump,
excitement aounds.

[ChartBuddy]

Explanation

[HI-TEC99]

[ChartBuddy]

Explanation

[OgNasty]

Looks like we’re getting another run at $30K. Could we see it on this Cinco De Mayo? With the rally in equities markets I think it’s possible as investors are feeling pretty bullish that the Fed is going to have to pivot soon. With the US Government dumping tons of coins for the next several months, I think it will be difficult to sustain any moves above $30K at this time. 

[ChartBuddy]

Explanation

[Gachapin]

Looks like we’re getting another run at $30K. Could we see it on this Cinco De Mayo? With the rally in equities markets I think it’s possible as investors are feeling pretty bullish that the Fed is going to have to pivot soon. With the US Government dumping tons of coins for the next several months, I think it will be difficult to sustain any moves above $30K at this time.  

do they announce the sales after each batch or after all batches are done?

last time they sold 10k not much happened

[philipma1957]

Dudes and dudettes the fed is rubbing its hands and going mo ha ha.

https://tenor.com/view/burning-hell-muahaha-evil-laugh-gif-10739654


no pivot for you

or is it no soup for you "soup nazi" Seinfeld


Sept may be the pivot.


we have

June .............13-14
July  .............25-26
September ....19-20       this is the pivot maybe and the rally will commence at least 45k asap once pivot happens.

[Torque]

Dudes and dudettes the fed is rubbing its hands and going mo ha ha.

https://tenor.com/view/burning-hell-muahaha-evil-laugh-gif-10739654


no pivot for you

or is it no soup for you "soup nazi" Seinfeld


Sept may be the pivot.


we have

June .............13-14
July  .............25-26
September ....19-20       this is the pivot maybe and the rally will commence at least 45k asap once pivot happens.

Don't know exactly when the pivot will be, but make no mistake, this will be a shorter rate hike cycle than in 2007-2008.

The Fed is bailing out these failing regional banks with 1-year loans for cash on the face value of their now underwater bonds. This is so they don't have a writedown on their portfolios (i.e., not a loss on collateral because it's a loan vs. a sale). The banks will then presumably cover the loans by selling the bonds when rates are back down (and thus face value back up) to the level it was when they first bought the bonds.

Wanna hazard a guess when that will be? Ha ha, SOON.

And where is the Fed getting all this cash when their balance sheet is supposedly shrinking? Can you say 'Shadow QE'? Lol.

[ChartBuddy]

Explanation

[virasog]

The kids are our future and so is the bitcoinBTC.



https://twitter.com/BitcoinMagazine/status/1653150841782542336

[HI-TEC99]

[ChartBuddy]

Explanation

[Negotiation]

we have

June .............13-14
July  .............25-26
September ....19-20       this is the pivot maybe and the rally will commence at least 45k asap once pivot happens.

Stronghold Digital Partners With Canaan Subsidiary to Boost Bitcoin Mining Capacity by 400 PH/s

https://news.bitcoin.com/stronghold-digital-partners-with-canaan-subsidiary-to-boost-bitcoin-mining-capacity-by-400-ph-s


The number of transactions is increasing slowly which is why I agree with you that to reach 45k, don't have to wait too long.

[philipma1957]

we have

June .............13-14
July  .............25-26
September ....19-20       this is the pivot maybe and the rally will commence at least 45k asap once pivot happens.

Stronghold Digital Partners With Canaan Subsidiary to Boost Bitcoin Mining Capacity by 400 PH/s

https://news.bitcoin.com/stronghold-digital-partners-with-canaan-subsidiary-to-boost-bitcoin-mining-capacity-by-400-ph-s


The number of transactions is increasing slowly which is why I agree with you that to reach 45k, don't have to wait too long.

I am looking for a strong fall fingers crossed that I am correct

[ChartBuddy]

Explanation

[xhomerx10]

https://toronto.ctvnews.ca/data-breach-exposes-clients-personal-information-at-one-of-canada-s-largest-investment-firms-1.6381707

" Data breach exposes clients' personal information at one of Canada's largest investment firms

Clients’ names, social insurance numbers and personal addresses were part of a data breach at one of Canada’s largest investment firms. 
Toronto-based Mackenzie Investments confirmed to CTV News Toronto on Wednesday that a third party vendor, InvestorCOM Inc., was compromised by a cyber security incident related to data transfer supplier GoAnywhere...

...Hackers took advantage of a zero-day vulnerability in GoAnywhere’s file transfer system and accessed customers’ data at the end of January, according to the company.  Organizations around the world were impacted by the ransomware attack, including Proctor and Gamble, Rubrik, and the City of Toronto...

 
 I got a letter today telling me the bad news.  Fuck.  They're offering 2 years of identity theft protection services but what good is that when my Social Insurance Number is forever?  I don't have much with Mackenzie but the first thing I do will be to move it out... I'm thinking Bitcoin.

[ChartBuddy]

Explanation

[philipma1957]

https://toronto.ctvnews.ca/data-breach-exposes-clients-personal-information-at-one-of-canada-s-largest-investment-firms-1.6381707

" Data breach exposes clients' personal information at one of Canada's largest investment firms

Clients’ names, social insurance numbers and personal addresses were part of a data breach at one of Canada’s largest investment firms. 
Toronto-based Mackenzie Investments confirmed to CTV News Toronto on Wednesday that a third party vendor, InvestorCOM Inc., was compromised by a cyber security incident related to data transfer supplier GoAnywhere...

...Hackers took advantage of a zero-day vulnerability in GoAnywhere’s file transfer system and accessed customers’ data at the end of January, according to the company.  Organizations around the world were impacted by the ransomware attack, including Proctor and Gamble, Rubrik, and the City of Toronto...

 
 I got a letter today telling me the bad news.  Fuck.  They're offering 2 years of identity theft protection services but what good is that when my Social Insurance Number is forever?  I don't have much with Mackenzie but the first thing I do will be to move it out... I'm thinking Bitcoin.

yeah 2 notices from 2 companies on this today