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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Odohu]

$35k in 5 days confirmed

#Bitcoin LTF Update. Cross Confirmed. LFG!
Source.

$35k sure 

Enjoy @nutildah.

Nice analysis. Elliot wave theory in action. Wave (i) took price from $24,500 to $30,000 and by the Wave theory, wave (iii) cannot be the shortest wave. Therefore,  the expected wave (iii) will take price to $38k and if it is extended, we might see price hit the $45k region.

Indeed, from technical standpoint, Bitcoin is read to experience massive growth in coming days. 

[OgNasty]

Interesting that Blackrock has come out and said that their Bitcoin spot ETF will be approved when and not if. Meaning that it is only a matter of time. Cathie Wood also came out and said that she expects her Bitcoin spot ETF to be delayed. So it seems that everyone is in agreement that the ETFs are coming. It’s just a matter of when the regulators want to open the floodgates.

[BitcoinPak]

Bitcoin is Freedom
Due to its decentralised nature which enables people to directly handle their money without relying on conventional intermediaries, bitcoin is frequently considered as a symbol of financial independence. But since Bitcoin brings both opportunities and constraints under legal systems, opinions on its role in freedom might vary.


img Source

[bitmover]

Interesting that Blackrock has come out and said that their Bitcoin spot ETF will be approved when and not if. Meaning that it is only a matter of time. Cathie Wood also came out and said that she expects her Bitcoin spot ETF to be delayed. So it seems that everyone is in agreement that the ETFs are coming. It’s just a matter of when the regulators want to open the floodgates.

I believe this will be the first time regulation will indeed make bitcoin different than any other cryptocurrency.

I expect blackrock to have just bitcoin etf, and I think sec won't approve ethereum or any other altcoin etf, as they understand bitcoin is the only commodity among all those altcoins "securities "

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Negotiation]

Binance drops majority of USD Coin reserves — Latest USDC news
https://cointelegraph.com/news/binance-drops-majority-of-usd-coin-reserves-latest-usdc-news

Bitcoin reserved is increasing everyday, other coins continue go to value less.

[Unknown Op]

[DVlog]

Bitcoin is Freedom
Due to its decentralised nature which enables people to directly handle their money without relying on conventional intermediaries, bitcoin is frequently considered as a symbol of financial independence. But since Bitcoin brings both opportunities and constraints under legal systems, opinions on its role in freedom might vary.


img Source

Mate how do you buy bitcoin if you do not work in the coal mine? Your family will perish in hunger. You can use your savings to buy Bitcoin instead of keeping it in a bank.

[Out of mind]

I'm pleased to announce that Barefoot Mining and Bitcoin Opportunity Fund have partnered to create a new Bitcoin mining company called West Bay Mining. The company is based in North Sioux City, SD and has been in operation since early June.
...!
Source

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

if you don't have money go to work and bring the pay then buy the dip and wait for the halving period motherfuckers

with what am observing I believe Bitcoin must reach $31k on the 10 of this month

You go back to 2018 for this?

[Salahmu]

source

This picture speak volume about the promises of Bitcoin. The freedom and opportunities offered by Bitcoin is unique as it truly exposes the weakness of global financial system. It is my utmost wish that Bitcoin will gain good acceptance and penetration into the mainstream as that will birth a new dawn in the history of mankind. Of course this will come amidst strong resistance from the powers that be.

Yeah indeed the picture speaks volumes, already Bitcoin has brought numerous opportunities and more to come, checking from there roadmap on how they started and how far they have gone you will no that Bitcoin has brought opportunities for people to earn a living, imagine the opportunities giving to people by Bitcoin when the price was $16k and now the price is $29,504 imagine how much they have made. Though Bitcoin may not be globally accepted yet but is my wish for the world to embrace the opportunities and financial breakthrough Bitcoin wishes to offer.

[bitebits]

It is already getting quite difficult for newbie normies to hold a whole bitcoin, and there is likely a need for a bit of persistence for many newbie normies to get their investment portfolio to such a place in which they are able to feel comfortable holding a whole bitcoin.

F that, you just really need to want it and understand what you are buying. No excuse for any newbie normie to not aim for the moon.

[...] I have been proclaiming that anywhere between 1% and 25% allocation into bitcoin is an o.k. amount of an allocation

And F that too. Totally rookie numbers and irresponsible financial advice JJG. Do you really think that if someone dips their toes with a 25% allocation, and it inevitably goes up to 50% of their portfolio, they keep the coin? Of course not because they don't have a clue what they bought into. Learn Bitcoin and you want to get your hands on every little bit of coin you can.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[SamReomo]

I don't want to believe those who say that Bitcoin is going to have another dip which would make it go below $25k in value. I don't know why those people predict the market in the negative way always. I always see Bitcoin rising in value and I even dream that Bitcoin is going to hit $35k in coming days. I know that I can be wrong and my prediction can also be wrong, but I still believe that Bitcoin will go up instead of going down and anyone who believes that Bitcoin will go down will have to understand that Bitcoin does follows their trading rules. It's the king of the crypto market and it can rise in value even if the trends go against it. Those people should at least wait for the next halving event then I'll show them that how wrong they were about Bitcoin's price.

I believe that Bitcoin will be $35k in September, and that's a belief from an enthusiast feelings, not from a trader's side who always look for charts and indicators.

[FinePoine0]

10 years ago today, Hal Finney made his final post to the #Bitcoin forum before logging off forever. 😮
@halfin

Source

[eXPHorizon]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vroom]

Switzerland is worldwide on 3rd place in migrating young talents and HNWI BUT we are 2nd place worldwide by #Lightning node capacity. I am so bullish for Switzerland when SNB is finally putting bitcoinBTC on their balance sheet. The regulatory framework is already top.
_Source

where is bobs lightning node in this graph?