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

[ChartBuddy]

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[Biodom]

quite limp if you ask me

Providing enough blood isn't trivial.

Funny that you mentioned it..reminded me of a "sci-fi opera" called "The Hydrogen Sonata" by Iain M Banks.
It takes place many eons from now and anyone can have any body they want and you can change the body too (the explanation would take too long to post here).
Anyway...One of the characters there had either a dozen or 50 penises (it's biological engineering, of course... EDIT: he had up to 60) and, indeed, he had to have multiple hearts with most of them activating only upon a need to pump blood in those organs upon erection, of course.

Somehow, it felt/read kind of gross, but I am sure that imaginary fella had a lot of fun, probably  .

[ChartBuddy]

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[DirtyKeyboard]

ChartBuddy's 24 hour Wall Observation recap
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Credit to ChartBuddy and talkimg.com

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[Johnlomape]

I've seen enough.  The market obviously wants to end the year at $42069 and at this point I don't even think people should fight it.  Just let it happen.  Maybe Elon is having some fun or the overall market is just a bunch of wise guys.  Pretty crazy that it could be manipulated seemingly so easily to hit a price target for a joke, but here we are.  Makes you wonder what will happen when those big money folks want to manipulate the price to the moon...  It will be hang on tight time for sure.

The New Year era could be a big opportunity for the big folks making some plans to drag the price to a well comfortable position that will profit the smarts. Seating close to a bull in the farm yard trying to disclose my plans for the new era to her 😆.

[ivomm]

It took less than 3 months in 2017 to reach 20K starting below 4K. And then everyone knew CME and CBOE won't buy actual bitcoins. Now it is different. It is hard to predict what will happen in the next few months. It depends how quickly the main ETF buyers will adapt to the new opportunity to buy bitcoin ETF's. May be there will be a rush, may be not. And may be  some will be dissapointed by the slow start and dump their coins. But in the long run the supply shock will make the difference of course.

[Zaharai]

quite limp if you ask me

 Well... it's only 100k 

Demand on the penis. $100k is a deficient value. I see more value  

[ChartBuddy]

Explanation
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[Lucius]

It took less than 3 months in 2017 i to reach 20K starting below 4K. And then everyone knew CME and CBOE won't buy actual bitcoins. Now it is different. It is hard to predict what will happen in the next few months. It depends how quickly the main ETF buyers will adapt to the new opportunity to buy bitcoin ETF's. May be there will be a rush, may be not. And may be  some will be dissapointed by the slow start and dump their coins. But in the long run the supply shock will make the difference of course.

I wouldn't agree if everyone knew that fact, because if they did, such a massive FOMO wouldn't have been created. I think that the majority still lived in the delusion that the price would eventually reach much more than $20k, although realistically, even that price was a big surprise for those who understood a little better what was actually happening.

From everything I read on the forum, many members still do not understand the difference between futures BTC ETFs that already exist and the possible approval of spot ETFs in the US.

However, I think retail customers are definitely not in the same financial position as they were in 2017 given the inflation rates that have occurred since then. What I want to say is that the amount of money at their disposal is far less than before, and the price of Bitcoin itself plays a big role in all of this.

However, it is a big unknown how the market will accept spot BTC ETFs, because regardless of the fact that the market seems to really want it at the moment, theory and practice can often be completely different.

[becoin]

It took less than 3 months in 2017 i to reach 20K starting below 4K. And then everyone knew CME and CBOE won't buy actual bitcoins. Now it is different. It is hard to predict what will happen in the next few months. It depends how quickly the main ETF buyers will adapt to the new opportunity to buy bitcoin ETF's. May be there will be a rush, may be not. And may be  some will be dissapointed by the slow start and dump their coins. But in the long run the supply shock will make the difference of course.

There should be no illusion. Bitcoin ETFs are made to control bitcoin price, not promote bitcoin.

The world bank oligopoly will try to control bitcoin price just like they control gold price. It'll be  done either by naked short sales of paper bitcoins  (contracts)  or by derivatives based on endless re-hypothecation of the existing bitcoins. They will have success as long as they have unlimited access to the US$ printing press and as long as US$ still hold some value. Fortunately, US$ value is evaporating fast and the end of the road for the world fiat system based on US$ is in site. We need just 2-3 years to hit it.

Lets hope people all over the world will be wise enough to not give any chance to the US warmongers to wage a war big enough so that the bankrupted financial elites can burn the accounting books.

Live your life, care about your loved ones, and a Happy New Year!

[ChartBuddy]

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[ChartBuddy]

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[hisslyness]

Happy New Year! From Sydney, Australia!

[AirtelBuzz]

Happy New Year! From Sydney, Australia!

HAPPY NEW
YEAR

Let's 31 fast night 🎇 party celebration. 🫣





Cheers 🥂

[El duderino_]

Bangkok of the list
Koh phangan full moon party….
In 3 hours from now

[ChartBuddy]

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[WatChe]

It took less than 3 months in 2017 i to reach 20K starting below 4K. And then everyone knew CME and CBOE won't buy actual bitcoins. Now it is different. It is hard to predict what will happen in the next few months. It depends how quickly the main ETF buyers will adapt to the new opportunity to buy bitcoin ETF's. May be there will be a rush, may be not. And may be  some will be dissapointed by the slow start and dump their coins. But in the long run the supply shock will make the difference of course.

I remember Dec 2017, when Bitcoin touched $19,000 on Dec 19. There was speculation rather confirmation in the market that in 2018 price of Bitcoin will be 100$k but a year later we saw Bitcoin at 3500$ in Dec 2018. Bitcoin didn't even saw 19000$ in 2018.
Once again the situation is very much same. With ETF's and halving coming up next year, speculations are high about Bitcoin price in 2024. I do agree that we dont know what will happen immediately but in long run it will have an impact.

Happy New Year! From Sydney, Australia!

Happy new year from Pakistan.
Australia is now in 2024.
I am also still 5 hrs away from in 2024 finally.