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

[LFC_Bitcoin]

Starting to see lots more bullish tweets. It’s that time in the cycle isn’t it, people start to look forward to the reality that we are going to moon in the not too distant future.


@bitcoin_clown
BTC went from 12k to 69k - 495%

Let's assume history repeats

If BTC does the same run starting at
30K we're going to $148500
40K -> $198,000
50K -> $247,500
60K -> $297,000
70k -> $346,500

and if we FOMO & start at
80k -> 396,000

now add some blackrock to the mix 🧡🚀
https://twitter.com/bitcoin_clown/status/1678826586118713361

[1714196477]

1714196477

[1714196477]

1714196477

[1714196477]

1714196477

[1714196477]

1714196477

[HelliumZ]

Starting to see lots more bullish tweets. It’s that time in the cycle isn’t it, people start to look forward to the reality that we are going to moon in the not too distant future.


@bitcoin_clown
BTC went from 12k to 69k - 495%

Let's assume history repeats

If BTC does the same run starting at
30K we're going to $148500
40K -> $198,000
50K -> $247,500
60K -> $297,000
70k -> $346,500

and if we FOMO & start at
80k -> 396,000

now add some blackrock to the mix 🧡🚀
https://twitter.com/bitcoin_clown/status/1678826586118713361

Pump! Pump!!
Come again
HODL ! HODL!!
Hold is Gold.

[Out of mind]

What a coincidence. Just before the halving in April 2024, we will see many final SEC decisions on Bitcoin ETF applications Still waters run deep.
Source

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[eXPHorizon]

The Sun : I am gonna END this Bljatcoins entire career.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ivomm]

The issue of ETFs is important both for the current year and for the next 2-3 years. If there is a rejection this summer, it is very likely that this year's bull market will end and we will return to the bear market until the effect of the halving is felt in 1 year. If accepted, it is possible to approach ATH already this year, i.e. to witness a unique bull cycle starting 1 year before the halving. It's clear that this is exactly why Blackrock wants to get in now, not when Bitcoin goes past 100K after the halving.

  It is still not clear, whether the SEC is ready to change its mind. The news from yesterday (or the other day) is that Cboe Refiles Spot Bitcoin ETFs Following Surveillance Agreement with Coinbase, i.e. the text "Expected to enter into an SSA" is replaced by such an agreement already entered into. Of course, Blackrock were the first with a ready SSA.

https://www.financemagnates.com/cryptocurrency/cboe-refiles-spot-bitcoin-etfs-following-surveillance-agreement-with-coinbase/

Henceforth, the SEC has 2 sensible answers and 1 completely illogical one - the result of personal intrigues, political and financial influence, etc.:

1. Direct approval of all spot ETFs. The SEC can now feel victorious that they have brought Coinbase into some form of regulation, so this option is quite likely.
2. Indirect approval, subject to extending the scope of SSA. This means a requirement for the so-called  pull actions i.e. the information-sharing agreement, under which the SEC will be able to request the personal data of those suspected of manipulations. I can only speculate here that Blackrock and the others would immediately enter into one, as long as Coinbase didn't object. Given that this will bode well for the stocks and help their future cooperation with the SEC, I believe that Coinbase has no basis for such a refusal. This topic is discussed in one article, but there is no comment from Blackrock et al.:
https://finance.yahoo.com/news/blackrock-bitcoin-etf-application-takes-160452048.html
3. Denial on grounds of manipulation and that most of the volume is in non-US exchanges. This, of course, is just a front behind which are the nefarious interests of certain high-ranking bankers, feds and politicians who are pulling clown Gary's strings. However, this behavior is becoming increasingly unlikely, especially if the Grayscale wins the case and is joined by Blackrock in the event of a refusal. As Jay Clayton said recently, it is becoming very difficult to sustain the SEC denial.

So, the chances for an ETF approval are much higher now, than 2 months ago. And with a possible information-sharing agreement, IMO they would be over 90%.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[d_eddie]

Explanation
Chartbuddy thanks talkimg.com

Green, the deep rift, red
It's good to see you again
Before the bulls come





#haiku

[bullrun2024bro]

This is not the decoupling I asked for. 

[EmpoEX]

It’s over guys… huge green candles coming your way… or if you prefer to call them green d*ldos

There you go

[xhomerx10]

^You bastard! 
Calling false "Green Dildo!" alerts in the WO thread is an offence punishable by Bob's rusty pipe.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[EmpoEX]

^You bastard! 
Calling false "Green Dildo!" alerts in the WO thread is an offence punishable by Bob's rusty pipe.

Friendly advice,
Zoom out your chart,
There is no false Green Dildo.
Bitcoin has never been bearish, It's always bullish.
Everything depends on your perspective! change it and you're bullish again! Join me  

[xhomerx10]

One of my kid's favourite bands just released a new "album" which of course is on the birthday list.  Suddenly what's old is new again.

If you know... you know.
Just wish I hadn't tossed out my old Sony Walkman Sport with AM/FM and convenient armband.

[hisslyness]

One of my kid's favourite bands just released a new "album" which of course is on the birthday list.  Suddenly what's old is new again.

If you know... you know.
Just wish I hadn't tossed out my old Sony Walkman Sport with AM/FM and convenient armband.

Mine has mega bass!

[cygan]

[Lucius]

[BobLawblaw]

We are newbies
We are all worthless
We spam the WO MT
Stop garbage Posting
Keep Clean WO

<rusted_length_of_pipe.jpg>

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com