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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

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[JimboToronto]

Explanation
Chartbuddy thanks talkimg.com

Wow. Now there's some wall movement.

[BitcoinBunny]

I like when BTC goes up by more since the last time I looked than I originally bought in for.  

[JimboToronto]

Bitcoin has been good to me...

Me too.

and me

Most of us I think.

[JayJuanGee]

Observing 36,750@Stamp

I smell FOMO in the air.
preparing for an ETF induced God Candle.
My body is ready.

I'm feeling the bad smell FOMO too...

As the market break the resistance of 36k last night maybe due to the approval news of ETF and mojoritys saying 50k too soon well if ETF not approve .... Will market stay in fake sentiments Zone? Or correct itself....

Whether approved or not, the market may well correct upon any announcement in either direction.. so surely we already  know such a phenomena exists for any of us who might get concerned about relatively shorter-term BTC price moves, while at the same time, there may be no real reasons to get worked up about shorter term BTC price moves because we are now pretty clearly out of "don't wake me up zone" and are you awake yet?  I am... or at least trying to be, and surely breaking to the upside feels better than breaking to the downside, and so are we able to enjoy the ride while it lasts, and perhaps take any measures that we might need to take in order to help our lil selfies to deal with such a ride.. ..

and any of us who have been in bitcoin for around a year and a half or more have had quite a bit of time to have had been stacking relatively cheap cornz in the sub 200-week moving average price arena and even having had had opportunties to have had stacked in around 35% below the 200-week moving average.. "We" cannot be sure the next time those kinds of days of around and/or below the 200-week moving average are going to return (currently at right around $28,601 and rising a bit more than $20 per day.. not bad not bad)... but they were great opportunities while they lasted for anyone who had been so fortunate as to be able to recognize the value in such somewhat price depressing times.

Hopefully you got ur lil selfie enough cornz snowpega.  Going by your forum registration date, you have had a bit over a year, and sure it could take a while to stack, but a year is not a outrageously low amount of time... even though surely it is understandable that some normie peeps do have cashflow issues (presuming that maybe you might be a normie peep. Perhaps?).

I’ve never been called a wimpy BTC investor before, but I like it.
 

You are correct.  I was kind of lumping you in there with Biodom.. with some little jabs that may or may not be completely correct, but they allow for the communication of ideas regarding various kinds of stacking choices that any of us might be making, including various trade-offs that might exist with some of our choices (whether we realize them at the time)... but yeah, I appreciate your wilingness to somewhat roll with the punches.   

I don’t have a system. I just stack BTC. Been stacking since before I had grey hair.
 

Maybe your non-system is a kind of system, but yeah some folks are more informal with their BTC approach than others. and perhaps fly by the seat of their pants in terms of cashflow management and/or how aggressive they might want to be in their BTC accumulation strategies.

Still drive the same car. Still live in the same house. I do intend to spend a little on a Cybertruck, but other than that I don’t have much need to part with my BTC.
 

Nothing wrong with either deferred gratification or just sticking with largely reasonable levels of consumption, even though sometimes there might be some needs to spend some of the profits in one way or another, without necessarily devolving into glutenousness and/or overly ostentatiousness.

Pretty sure I don’t even remember my wallet password anymore. I think I still have some BTC somewhere though.

That can be both good and bad.

[infofront]

Hello Wall Observer! The bitcoin spirits have awakened me, and sent me with a message: We're all going to make it!

Previous poll results:

[Hamza2424]

What’s up everybody. Long time no see. Let’s go!

Have you seen the Chopper boy!

[JayJuanGee]

Sorry to impede your bullish rhetoric, I rather see a healthy $5000 dump for RSI to reset so it can break $40k ore even $50k before christmas.

Where have I heard those kinds of sentiments previously?

Weren't you the one saying something similar (yeah it was not exactly the same and you were using different indicators, as in none) around $32k-ish.. and how did that work out for uie-pooie?

Sorry to impede your bullish rhetoric, I rather see a healthy $5000 dump for RSI to reset so it can break $40k ore even $50k before christmas.

I do understand

Just always hating the dumps

But I guess you folks know me already

Dumps are almost inevitable, but does not mean that we might not go up another $10k or so again from here before such dump actually ends up happening...   Sure dumps can and likely will happen at various seemingly random times, and on a personal level, I don't rally see a lot of resistance until around $50-$55k prior to entering into no man's land.. but that still does not mean that a dump might not happen at any point between here and there  - including it could happen in the next few minutes... but surely we cannot have confidence in any kind of a supposed dumpening merely based on some squiggly lines on a chart... or the feelings that we might have that "surely a dump is due any minute."  Part of the fun of not dumping is that the bears get reckt over and over and over and over again... Lot's of fun for those of us claiming (asserting) not to be bears.

[vroom]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

P.s. By the way, Biodom just because you and OgNasty seem to agree on some kind of system that is the opposite of yours truly (or maybe you don't agree on a system, but you rather agree that you don't like my system, even though you don't really seem to appreciate the over-allocation angle of my system), that does not necessarily mean that you got it all figured out, but it may mean that you found something that is comfortable for you, including in terms of your making sure that you don't invest too much into BTC (aka whimpy), just in case dee cornz might not perform as well as some of your other traditional asset diversions.

some peeps are on a minimize the odds of loss mode vs maximize the amount of profit mode

I surely would not even consider my own system as anything close to maximizing the amount of profits, but instead a kind of attempt at tailoring a system in which I am not really bothered by price moves in either direction, even relatively large ones, but surely my whole system is quite skewed on the side of UP, and I was mentioning this to someone in the real world the other day, if I am ONLY selling around 10% for every time that the BTC price doubles, then there is no way to run out of BTC, and sure sometimes the BTC price goes back down and I can buy back, but I don't give too many shits either way... and the other part of the matter, is if the BTC price doubles, then I could sell up to 50% and that would be total profits,  but instead I choose to sell in the ballpark of 10% and perhaps even less, and so what ends up happening is that the remaining 40% compounds on itself over and over and over and over again, and since I have been doing some variation of that since the BTC price was $250 or so, then the BTC price has doubled several times...   Let's look at it:

1)   $250-$500

2)   $500-$1,000

3)   $1,000-$2,000

4)   $2,000-$4,000

5)   $4,000-$8,000

6)   $8,000-$16,000

7)   $16,000-$32,000

8.)   $32,000-$64,000

9)   $64,000-$128,000

So yeah, we have largely been through 8 doublings and then retractions back somewhat, and so there had been retractions several times along the way that allow for buying back.. to the extent that anyone (such as yours truly cares). but also there has been compounding of the amount that were folded over, and if there was a presumption from the start that there were too many BTC in the holdings, the facts have not really changed to negate the presumption of too many BTC all along the way.. and maybe some of these kinds of matters can be better seen by someone who may well end up getting into a status of overallocation and never really getting out of it.. it is like a good problem to have.

Bitcoin has been good to me...

Me too.

and me

Most of us I think.

Those of us who have largely errored on the side of HODLing and accumulating and sure selling some along the way can be helpful in a lot of ways, including managing psychology and finances... but yeah, it is likely better to get to such position in which you have options to sell without worrying about it.. .. which I frequently like to describe as overaccumulation, but it likely has better names.. or  even other names depending on what is described.. another way of describing the phenomenon is to largely let your winners ride.. . .which surely has been a profitable endeavor when dealing with dee cornz...as long as you have them... and even 0.63 can feel like a whole hell of a lot of cornz when some others more newer entrants into dee cornz may well be  struggling to accumulate 0.21..

[Hamza2424]

I was already missing you...
I feel good about chopper moving ahead.

[JimboToronto]

I go back to bed for an hour and a bit and all hell breaks loose.

Oh well. It was fun while it lasted. At least the daily candle is still green.

No big deal. A bitcoin is still worth 100,000,000 satoshis.

Edit: big intimidation ask wall dancing around $46.5k... can't wait to see what it looks like on the next Chartbuddy.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

Explanation
Chartbuddy thanks talkimg.com

Wow. A picture is worth 1000 numbers.

[goldkingcoiner]

Wow. A picture is worth 1000 numbers.

Careful, thats how NFT's get started.

[JimboToronto]

Wow. A picture is worth 1000 numbers.

Careful, thats how NFT's get started.

Every Chartbuddy is everybody's own NFT and it's totally free. Just download it.

And it's obviously much more valuable than some ridiculous monkey picture.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[kellrobinson]

Horizontal axis: block height. Red in positive territory: bull market. Zero crossings (marked green and yellow) indicate begin and end of bull.

wordpress.com/post/hardworkandlowpay.wordpress.com/852

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com