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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (11.2%)
8/4 - 16 (16.3%)
8/11 - 7 (7.1%)
8/18 - 5 (5.1%)
8/25 - 7 (7.1%)
After August - 51 (52%)
Total Voters: 98

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26456710 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
El duderino_
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December 13, 2023, 02:14:57 PM
Merited by vapourminer (1)

Ready the chopper  Grin

Insert

>I like yer style dude<
bitcoinPsycho
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December 13, 2023, 02:48:54 PM

 Grin Grin Grin Grin Grin Grin Grin Tongue Kiss
ChartBuddy
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December 13, 2023, 03:03:27 PM


Explanation
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bitcoinPsycho
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$120000 in 2024 Confirmed


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December 13, 2023, 03:04:53 PM

Next Chartbuddy >42K
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December 13, 2023, 03:28:01 PM
Merited by El duderino_ (3)

Next Chartbuddy >42K

It does look like the worst is over and the market is moving back up again. I don’t know if chart buddy is ready to be back at $42K but it’s certainly getting close. Maybe we haven’t seen the yearly high just yet. I know I feel better when we’re going up instead of down so maybe we have a little more steam left in this Santa Claus rally.
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December 13, 2023, 04:03:23 PM


Explanation
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El duderino_
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December 13, 2023, 04:05:02 PM

Aaaah not 42

Maybe next one 43
El duderino_
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December 13, 2023, 04:11:26 PM

Meanwhile
42
Not buddy published
vroom
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December 13, 2023, 04:13:30 PM

Next Chartbuddy >42K

close one Smiley
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December 13, 2023, 05:01:16 PM


Explanation
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bitcoinPsycho
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December 13, 2023, 05:04:21 PM


Definitely the right direction
OgNasty
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December 13, 2023, 05:12:55 PM

Next Chartbuddy >42K

It does look like the worst is over and the market is moving back up again. I don’t know if chart buddy is ready to be back at $42K but it’s certainly getting close. Maybe we haven’t seen the yearly high just yet. I know I feel better when we’re going up instead of down so maybe we have a little more steam left in this Santa Claus rally.

Lucky for me chart buddy didn’t strike when we were above $42K momentarily. I thought for sure this would be the fastest I’ve had to eat my words on this thread. Still, it looks very much like we’ll be hitting $42K on our buddy before day’s end. I’m very glad to see the market not continuing to slide. I got Christmas presents to buy.
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December 13, 2023, 05:47:21 PM
Merited by vapourminer (1), Hueristic (1), JayJuanGee (1), bitebits (1)

A colleague of mine says, in a conversation with another and me, during a night operation, he remembers when I told him about having bought a certain amount of coins and the price was around 1000$ and he thought I was crazy, now he recognizes I wasn't crazy after all.

He didn't remember right because the price was lower than that and I mostly got the coins trough mining LTC, but that was still good to hear, although I would rather not talk about my stash now to people...

Only thing sad is that the stash is significantly smaller as I lost coins in various foolish endeavors, but such is life.

As for the price, it's good it's high, although it makes buying more seem a bit pointless. Then I remember I'm predicting at least a 200K price in a not too distant future so it's still cheap.
ChartBuddy
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December 13, 2023, 06:03:26 PM


Explanation
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ChartBuddy
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December 13, 2023, 07:01:16 PM


Explanation
Chartbuddy thanks talkimg.com
ivomm
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December 13, 2023, 07:07:15 PM
Merited by LFC_Bitcoin (3), JayJuanGee (1)

NEW: BlackRock modifies the structure of its spot #Bitcoin ETF to allow "Authorized Participants", mainly Wall Street banks, to create new shares in the fund with cash, allowing them an exposure to #Bitcoin even without a license to own #cryptocurrency directly

https://twitter.com/BitcoinNewsCom/status/1735005414276878729
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December 13, 2023, 07:10:49 PM
Merited by bitebits (5), fillippone (3), JayJuanGee (1)

@BitcoinMagazine
BREAKING: 🇺🇸 Federal Reserve leaves interest rates unchanged again.
https://x.com/bitcoinmagazine/status/1735012299067297945


Bitcoin pumping on Powell’s statement, observing $42,4xx
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December 13, 2023, 07:37:58 PM
Merited by Hueristic (1), JayJuanGee (1), jojo69 (1)

NEW: BlackRock modifies the structure of its spot #Bitcoin ETF to allow "Authorized Participants", mainly Wall Street banks, to create new shares in the fund with cash, allowing them an exposure to #Bitcoin even without a license to own #cryptocurrency directly

https://twitter.com/BitcoinNewsCom/status/1735005414276878729

I don't like this. It would be more or less like a derivative then, no?

Buying pressure on the ETF can be soothed by some fiat cash, maybe printed on the spot by the friendly Fed,
without backing the new shares with hard coin - which would pass the pressure on to the underlying (that is - our lil fiend, king daddy etc.)

EDIT - Unless the rules force the actual ETF issuer (BlackRock) to back the new shares with hard coin - supposedly bought with the cash inflow generated by the authorized participant. However, no matter how I turn this thing in my head, it smells like a rehypothecation fest waiting to happen.
El duderino_
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December 13, 2023, 07:45:56 PM

🐜
ChartBuddy
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December 13, 2023, 08:01:17 PM


Explanation
Chartbuddy thanks talkimg.com
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