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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

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[Who is John Galt?]

Kazakhstan is also an ideal destination for miners from China.

Kazakhstan also limits the use of electricity for mining. They have adopted a law according to which mining is a licensed activity, and electricity can only be taken by agreement from the excess portion or imported or produced by miners themselves. Of course, this is better than a complete ban, as in China, but it is not so ideal.

https://www.loc.gov/item/global-legal-monitor/2023-04-30/kazakhstan-new-law-establishes-legal-framework-for-digital-assets-and-cryptomining/

[cafter]

Who's getting the middle finger in the second image?

Government!

[bitcoinPsycho]

BOOM

[gallianooo]

PUMP & DUMP at any big green candle since 2 years 

Look like a fake news for ISHARES ETF approval.

[philipma1957]

Its pretty fun, I recommend trying it out if you haven't yet. Its part of the Microsoft Edge browser (the only thing I use that browser for).

I use edge for the search rewards, earned around $30 until now in 5months.

These are my two:




quote please..

looks like second one did not take.

[nutildah]

5 minute pump to $30k, then 20 minute dump back to where we are now

I'll take it

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

[darkangel11]

Not really a dump if you look closely. Before the pump the price was 27900, reached 29900 on Stamp and fell down to 28000, currently at around 28090.
If after all the dust settles it's still above the price it started from it's still a positive thing. Basically $200 up in 2 hours. I'll take it any day.
Then there's the daily where the price is up by $1k, which looks even better.

[Torque]

I love how you guys call a short squeeze a "dump" smh   

[darkangel11]

I love how you guys call a short squeeze a "dump" smh  

Isn't "pump" a short squeeze?

[Paashaas]

Now we know, there will be a minimum $5k green candle only from the news when SEC approved Blackrock ETF.

[shahzadafzal]

Now we know, there will be a minimum $5k green candle only from the news when SEC approved Blackrock ETF.

Well usually we don’t accept $5k candles  but that’s ok since it’s a winter season we can make exception. So $5k minimum is acceptable this time.

[BitcoinBunny]

[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

Quoted for the image.  Even with your explanation, I am not sure what it means.

I saw here a good bitcoin future,
that is going to be fulfilled soon

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinGuru101]

Now we know, there will be a minimum $5k green candle only from the news when SEC approved Blackrock ETF.

But wait, there's a twist! Some sources  are screaming "Fake New"

BLACKROCK SAYS ISHARES BITCOIN ETF NOT APPROVED - THE BLOCK PRO
https://twitter.com/TheBlock__/status/1713914863456604176?t=FUnIhnXcIvZX5KkuSCxs-A&s=19

[danadc]

There are many things that we do not know, but I am sure that many here in WO know, governments are quite ironic:

According to a data analysis based on public filings, crypto firm 21.co estimated that the U.S. government still holds 194,188 BTC, estimated to be worth $5.3 billion. The firm noted in its analysis that these are “lower-bound estimations of the U.S. government holdings based on publicly available information.”

However, in recent years, the U.S. government has turned to crypto exchanges to sell seized Bitcoin over public auctions. One such sale came in March earlier this year when the government sold 9,118 BTC on Coinbase, as confirmed through a public filing.

Source: https://cointelegraph.com/news/bitcoin-us-government-largest-bitcoin-hodlers-5b-in-btc-report


Things are always unfair, that's why when it comes to governments I have never believed, and the less interaction they have with the government the better, but they are very cunning, they must have a lot of Bitcoin, which is not fair.

That is why I do not believe in regulations, it is more money given to governments, that is my way of thinking , that is why bitcoin will never be in the hands of governments.

[BitcoinBunny]

Now we know, there will be a minimum $5k green candle only from the news when SEC approved Blackrock ETF.

But wait, there's a twist! Some sources  are screaming "Fake New"

BLACKROCK SAYS ISHARES BITCOIN ETF NOT APPROVED - THE BLOCK PRO
https://twitter.com/TheBlock__/status/1713914863456604176?t=FUnIhnXcIvZX5KkuSCxs-A&s=19

Wait everybody, hang on, stop what you are doing, THIS guy ☝️ knows what's going on.