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

[El duderino_]

Jesus. Two pages of going on about GPUs and not one locomotive?

We're still a long way from CCMF.

Maybe after $60k.

Indeed we’re still in recovery mode

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[lightfoot]

Jesus. Two pages of going on about GPUs and not one locomotive?

We're still a long way from CCMF.

Maybe after $60k.

Indeed we’re still in recovery mode

Yeah, we just crashed down TO 44k. Total bummer.

(Srsly, I'm just happy it's going up again. Enjoy the good feelings)

[avp2306]

Jesus. Two pages of going on about GPUs and not one locomotive?

We're still a long way from CCMF.

Maybe after $60k.

Indeed we’re still in recovery mode

Yeah, we just crashed down TO 44k. Total bummer.

(Srsly, I'm just happy it's going up again. Enjoy the good feelings)

Sure it is many people really enjoy what they are seeing on bitcoin.

There's a lot to happen and $50k is really possible to happen by the end of this month so I guess if $50k will be achieve there's huge hype it could bring for next year so HODL many good times still possible to happen since I think this is just a start of the bullrun.

[janggernaut]

Where is the helicopter???

[El duderino_]

Where is the helicopter???

On hold until 45k stamp

[xhomerx10]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

Nice one. No doubt this is how a lot of people feel who have been ignoring crypto since buying at $60K and selling at $20K… The time to fill your bags might be behind us, but a good DCA strategy will never do you wrong. The exciting part is that if this buying could somehow magically continue for the next 5 months, it could really ramp up once the halving takes place.

[cmacwuz]

Eh, time to get the party going. Train is pulling out of the station.....

that train doesn't look anywhere near a station

[philipma1957]

Interesting article

https://www.kitco.com/news/2023-12-05/Bitcoin-breaches-44k-as-BlackRock-secures-seed-capital-for-spot-BTC-ETF.html

"BlackRock sees a high probability that its application will be approved, and Bloomberg Intelligence ETF analysts Eric Balchunas and James Seyffart say there is a 90% chance that the first spot BTC ETF will be approved by Jan. 10.

Max Keiser, a well-known Bitcoin maximalist, has also caused a stir of speculation by tweeting about “rumors” that the sovereign wealth fund for Qatar – which is responsible for managing the nation’s vast oil and gas-generated wealth – is “looking to buy” $500 billion worth of Bitcoin. Keiser suggested that this could lead to a “$100,000 God Candle” on the BTC chart"

God candle! I like the sound of that!

holy moly that would be so very cool. 😎

[philipma1957]

Where is the helicopter???

On hold until 45k stamp

we get 50505.00 by weekend.

my 48k number seems wrong too low.

[Torque]

Jesus. Two pages of going on about GPUs and not one locomotive?

We're still a long way from CCMF.

Maybe after $60k.

Indeed we’re still in recovery mode

I think they'll first do a major bull trap (sell the ETF news), before eventually reversing course and plowing onward and upward.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[FinePoine0]

Already Bitcoin 44k Dollar done

Bitcoin price will hit 50k within this Two days

[OgNasty]

Jesus. Two pages of going on about GPUs and not one locomotive?

We're still a long way from CCMF.

Maybe after $60k.

Indeed we’re still in recovery mode

I think they'll first do a major bull trap (sell the ETF news), before eventually reversing course and plowing onward and upward.

I’m surprised a bull trap hasn’t occurred yet. Someone must be buying a ton of BTC right now. This is bigger than a Microstrategy buy. I would speculate a Saudi Fund or maybe a country like Argentina or even a company like Apple. I’m in full spectator mode seeing what happens next. I’ve got a Bitcoin ticker going in my house now.

[Torque]

Jesus. Two pages of going on about GPUs and not one locomotive?

We're still a long way from CCMF.

Maybe after $60k.

Indeed we’re still in recovery mode

I think they'll first do a major bull trap (sell the ETF news), before eventually reversing course and plowing onward and upward.

I’m surprised a bull trap hasn’t occurred yet. Someone must be buying a ton of BTC right now. This is bigger than a Microstrategy buy. I would speculate a Saudi Fund or maybe a country like Argentina or even a company like Apple. I’m in full spectator mode seeing what happens next. I’ve got a Bitcoin ticker going in my house now.

A bull trap wouldn't happen until after all the ETFs get approved....so early next year.

Either that, or Gary punts again on the very first ones just to be a dick (and to benefit his shorting buddies), sending bitcoin down.

[True Myth]

Jesus. Two pages of going on about GPUs and not one locomotive?

We're still a long way from CCMF.

Maybe after $60k.

Indeed we’re still in recovery mode

I think they'll first do a major bull trap (sell the ETF news), before eventually reversing course and plowing onward and upward.

This seems like the most likely scenario to me too.

[Richy_T]

If you can time the market, with the past history of halvings, it's easy money.

Of course, a lot of people overrate their abilities but the effect is the same.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com