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

[philipma1957]

phils around here somewhere...

He's busy adjusting the miners up to setting eleven.

was at the mine yesterday and we did crank it up a bit

4 new pieces on the way for next week.

[1714307578]

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[1714307578]

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[1714307578]

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[1714307578]

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[1714307578]

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[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinGuru101]

Just approve them already, Gensler.

https://i.ibb.co/L6FLBM5/IMG-20231014-174228-308.jpg

SCC did not come for appeal that means deadline is overs.
But the EtF is no yet approved, but we get the pleasure of approval soon

If we now look at the current market situation
Bitcoin is currently approaching a significant  declining trend line on the 1 hour time farme and is attempting to break though or reverse from it.This is an important moment as it can give us insight into the potential short term price movement Bitcoin.

https://i.ibb.co/mvp045R/Screenshot-20231014-220121.png

[sirazimuth]

Whenever there's another Bitcoin announcement about some random thing that maybe includes words like "innovation" or the c-word or some such similar thing,
I always picture in my aging, feeble mind all the normies (who maybe accidentally clicked on the story) rolling their eyes.

[d_eddie]

phils around here somewhere...

He's busy adjusting the miners up to setting eleven.

At least he's not Scottish.
https://www.youtube.com/watch?v=NMS2VnDveP8

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Volgastallion]

Just approve them already, Gensler.


@MDBitcoin
ind of crazy to think the Power Play that ETFs have on the #Bitcoin  market.

I. Unified Approval of All #Bitcoin  Spot ETF Applications:

   • Endorsing all #Bitcoin  ETF applications simultaneously could ignite a multi-trillion dollar surge in the market.

II. Market Dynamics:

   • Under such circumstances, the free market would adeptly identify the winners and those who fall behind.

III. BlackRock's Influence:

   • Although BlackRock appears dominant in this arena, I remain optimistic about diverse outcomes.

   • When BlackRock entered the scene, Bitcoin's value increased by roughly 20% within a week.

IV. #Bitcoin 's Historical Growth:

   • It's easy to overlook that #Bitcoin  started with a value of $0 and escalated to a market capitalization exceeding $1 trillion, primarily without significant institutional involvement.

V. If retail investors contributed to the first $1 trillion, what might happen when influential financial entities engage with a limited asset known as the pinnacle of monetary saving technology?

VI. BlackRock's Potential Impact:

   • Regardless of personal opinions, BlackRock's Bitcoin Spot ETF is set to revolutionize the Bitcoin ecosystem.

   • It's a transformative move that could potentially trigger an immediate rise to 150k for Bitcoin.

VII. Bitcoin's Evolution:

   • The asset is poised to evolve in an unprecedented way.

This could bring at least $100B in new demand (conservative estimate). 

Then expect: 

Institutional FOMO.
Small to middle nations FOMO.
Countries FOMO

Well now we enter in the good place of start to think  WHEN the market is gonna start the bullrun?, for me i think we can still see a dump made by the same who are gonna start to flood after the market with new capital descripted above.

I read some people saying the amrket already disccount this so we are not gonna see so much jump in the price in this first stage, and i really dont think so, we only see a stationary market waiting for big news, and this big news  (and good ones) are coming so like i said fastent your belts after a one more little dump.

So for me is 25k or below and after that, start of the bull run. And ONE last thing, we cant not see the world reality of right now, take care about of scalating conflicts all around the world, its not a minor factor.

[Hamza2424]

SCC did not come for appeal that means deadline is overs.
But the EtF is no yet approved, but we get the pleasure of approval soon

I'm 100% sure that I haven't even written a single word about any Bitcoin ETF approval  , that was just news and the LFC's post was in the same context so I thought why not add the weightage to it?

[jojo69]

[Gachapin]

ok, so apparently badger gave no fuck about today's SEC news

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[eXPHorizon]

Gold folks : Here my bro take this 180k USD Loader and use it to your hearts content untill you get back on your feet and don't sweat it bro.


Bljatcoin folks : Nobody is coming to save you or help you.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[philipma1957]

I got bored today and did some trezor clean up and new firmware.

Sold my shitcoins and used them set up a BTC stairway buy down to 9k.

[Hueristic]

I got bored today and did some trezor clean up and new firmware.

Sold my shitcoins and used them set up a BTC stairway buy down to 9k.

I hope you get no buys in.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com