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

[Out of mind]

Hello friends!

Old poll results:

Hi Buddy..!!
Seeing this, we can say for sure that the BULL market will start in 2024.,,, 🐂BTC
(HoDLBTC)

[cygan]

[ChartBuddy]

Explanation
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[Out of mind]

Another interesting BTCBTC  mining metric is the cost value of each TH/s installed by each BTCBTC  a miner as a proportion of the Enterprise Value less BTC hodl.
are should be taken as some of the BTC  miners have additional revenue streams, some of which are highlighted below.

Source

[Richy_T]

Yes, you could buy Teslas with Bitcoin for about 3 days. Musk pussed out though.

[Gachapin]

Interesting

.... I’m not sure if after this cycle there will be any larger players left to continue it after Wall Street, so I would recommend taking a little off the table whenever we do peak, likely around Q3 of 2025.

No big players being left, would mean that all most large players need to get in heavily during 1-2 years or so.  I don't see that happening, even if an ETF gets approved.  And after Wall Street the next round would be countries building BTC reserves... apart from El Salvadore I don't see many moving into that direction either.
So I think after the next cycle peak there will still be enough big players that have't gotten in yet.
Of course there could be other reasons for demand drying up, but probably not the case that all big players are already in.
  
(Btw we haven't even taken into account that BTC can function as a blackhole sucking money out of almost any other investment there is in the world (gold, overvalued real estate and stock market, etc))


Actually, "taking a little off the table whenever we do peak" is great advise but isn't it difficult for you to identify when it happens before your eyes? If not please do me favor and let us know, when you see the cycle peak. Thanks

[Bitcoin_people]

Wow Amazing..
Good news..
People will spend bitcoins to buy it.
 

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[AlcoHoDL]

Pointless post, I know, but...

Sick & tired of $29xxx - $31xxx. Come on, Bitcoin, do something, blah blah blah...

Seeing $4xxxx in the summer/autumn will be something. I won't dare dream of ATH this year. Don't mind it coming in 2024 (as it will).

Life is good, but can always be better.

The 2024+ cycle will be major, even life-changing, for many of us. HoDL strong WOers, we're getting there!

[Gachapin]

Pointless post, I know, but...

Sick & tired of $29xxx - $31xxx. Come on, Bitcoin, do something, blah blah blah...

Seeing $4xxxx in the summer/autumn will be something. I won't dare dream of ATH this year. Don't mind it coming in 2024 (as it will).

Life is good, but can always be better.

The 2024+ cycle will be major, even life-changing, for many of us. HoDL strong WOers, we're getting there!

when compared to the previous cycle, it could well be that we stay in range for another year... but I mean a broader range like 20k-40k.

[Hueristic]

Hello friends!

Old poll results:

Shit, I forgot what I voted in the last one!

Upside for sure on this one.

*Pretty sure it was 2023

[ChartBuddy]

Explanation
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[Bd officer]

#Bitcoin  

[jojo69]

[ChartBuddy]

Explanation
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[Gachapin]

when throwing kids in a grinder is the happy end ...

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[HI-TEC99]