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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[1714289645]

1714289645

[1714289645]

1714289645

[1714289645]

1714289645

[nutildah]

How Bitcoin will react is still the big unknown.

Bitcoin has only ever existed in a bull market. It has yet to see a true recession, which is why its indeed a big unknown. And as we all know, everyone flocks to the dollar during times of panic, even in spite of inflation.

Anyone here think that M. Burry will get it right again, for a second time?

Honestly I don't think so. Something will happen, but lightning never strikes the same place twice. The fact that nobody really knew what he was doing the first time around helped him tremendously. Now that everybody knows, will it have the same effect? Something about the Heisenberg uncertainty principle...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BobLawblaw]

TFW when you're 2% executed on a limit-sell order... and then the price tanks...

*le sigh*

Fucking butterfly-effect keeping price down.

I screwed it up for all of us.

Goodbye, cruel world.

/s

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[hisslyness]

Anyone here think that M. Burry will get it right again, for a second time?

Michael Burry, of ‘Big Short’ fame, just bet $1.6 billion on a stock market crash
https://www.cnn.com/2023/08/15/investing/michael-burry-stock-market-crash/index.html

I am starting to feel it, through one of the business's I own. The turnover is down dramatically, about 60% and speaking to other businesses, it's the same thing!

We look after a very very very large fulfillment/online distribution business and our contact there has also mentioned a sharp decline in orders.

While we are only a drop in the ocean here, compared to the US and other Countries, it just a another signal on the things to come, the course that the Governments have ALL agreed too take, for some unknown reason, it seems they want a recession and ultimately mass unemployment...

I have my theory's as to why...

But to answer your question above, I think he is right, the timing maybe 12 - 18 months away, i still think there is too much cash out there that needs to be absorbed back into the 1%'s and Government's pockets.

[xhomerx10]

Imagine hiring her to play the Evil Queen / Wicked Witch / Old Hag.

 




Snow White? Snow Shite more like.

dunno much about photo shop but you really have to look hard to find her blurred belly...

 I wanna know how they managed to get her clothes off while she maintained that exact position.

I don't recognize her is she a known person or just AI or lots of photo shopping?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Odohu]

Nice buddy 150 at 29k slot

Wait for it Philipma1957, I'm quite sure that buddy is going to give us many surprises in 29k range. It's just the beginning of the surprises we are getting. The intensity of the surprises will increase over time. I hope that buddy may not shock us by going below 29k range because that would be another 440 volt shock to many holders.

I made my projection in This thred with a two case scenarios. The conclusion is that the consolidation will linger for a while thereafter a drop to the $26k region or a rise higher from without the deep correction. However,  a little fundamental is needed to drive the rise. All the same, Bitcoin is cheap now compared to where we are going.

[Paashaas]

Market wants to go down instead of up because this is a bear market.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

Market wants to go down sideways instead of up or down because this is a bear sideways market.

ftfy

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

Market wants to go down sideways instead of up or down because this is a bear sideways market.

ftfy

I do dislike a bearmarket
I do dislike a sideways market

El D. = made for Bull and Bull market only

[philipma1957]

Imagine hiring her to play the Evil Queen / Wicked Witch / Old Hag.

 




Snow White? Snow Shite more like.

dunno much about photo shop but you really have to look hard to find her blurred belly...

 I wanna know how they managed to get her clothes off while she maintained that exact position.

I don't recognize her is she a known person or just AI or lots of photo shopping?

That missing belly button through me off.

Having had mine surgically repaired in 2022 I was simply overwhelmed by her lack of one.

[Torque]

Anyone here think that M. Burry will get it right again, for a second time?

Michael Burry, of ‘Big Short’ fame, just bet $1.6 billion on a stock market crash
https://www.cnn.com/2023/08/15/investing/michael-burry-stock-market-crash/index.html

I am starting to feel it, through one of the business's I own. The turnover is down dramatically, about 60% and speaking to other businesses, it's the same thing!

We look after a very very very large fulfillment/online distribution business and our contact there has also mentioned a sharp decline in orders.

While we are only a drop in the ocean here, compared to the US and other Countries, it just a another signal on the things to come, the course that the Governments have ALL agreed too take, for some unknown reason, it seems they want a recession and ultimately mass unemployment...

I have my theory's as to why...

Please do share, I'd love to hear your theory. It's pretty obvious by their behavior and policies over the last 3 years that they want a massive reduction in the working class, as well as a massive reduction in businesses.

My father worked for a business (who's revenue was solid and steady YoY) that had their absolute best year in 2021: they made 400% revenue over any year prior in their 15-year history.

Then they went out of business THIS year due to lack of business. Orders fell completely off a cliff from 2022 onward. Go figure.

But to answer your question above, I think he is right, the timing maybe 12 - 18 months away, i still think there is too much cash out there that needs to be absorbed back into the 1%'s and Government's pockets.

For now the 1% have parked their cash at the Fed for a 5% return, but the Fed can't keep paying that out long term. Not even remotely sustainable. Especially with the interest on the national debt.

[philipma1957]

My ebay sales are completely dead 💀

not a single item for months on end.

Maybe they tapped out enough to start the crash soon.

Back in 2008 the crash happened a little after rates dropped some and went flat.

We have yet to see rates drop a bit and go flat.

I clock long term care companies due to my bro-in-law having dementia and two long term care policies.

These companies have done remarkably well with rate hikes at they ladder buy bonds to invest.

They are a multi trillion dollar network that was becoming very desperate in Jan of 2022 due to the low interest rates at that time.

Feds are looking to bust everything like they did in 2008.

The housing market backed off quickly.
Ebay sales are way down.

I have read a lot of companies have slower sales.

I have read that customers are buying store brands to save money more.

So the fed is getting their way.

This will be the third t8me they have done it if it happens.
daddy bush
bush
biden

feels like it. lets wait and see.