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

[vokain]

*ding*

52k baby.

when 53?

Soon (tm)

[xhomerx10]

... But my account is older than yours.

Oh my bad...

Huh! A 2014 newb... now that is special. And in that case...I bow down to you sir.

I prefer lurker. I have been following this forum since 2013, and mainly this thread (90%~). I try to keep up to date. I find many people here interesting.
It's a good place to get a feel for the market, and a summary of different news outlets often gets posted here.

Got you beat.

The only downside of lurking is I didn't get a hat.

Lurkers unite!

 I'm not really one for social gatherings anyway but the idea of a Lurkers' convention scares the hell outta me

No worries! We won’t show up.

 Oh you'll be there...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ArikeTobi]

For now, all I can smell is the move to $52,000 and I don't know if someone is seing same with me, bitcoin is becoming more stronger in raising resistance over the bear market and it's more positive to see that this is getting more excitements even before the halving begins,  we are experiencing the first part of it which will serves as an intro.

[Ambatman]

...

Yeah that's the plan
Target was to start taking profit around 2026
But I don't know if I can stand not pressing the sell button when $100K.
Well even if I do take some profit
Never want to be a nocoiner again
Still surprise am still holding after $50K.

*ding*

52k baby.

when 53?

Continue increasing numbers
Bitcoin have been hitting every number you have said.
$53K around the corner
The next real resistance is $60K.

[JimboToronto]

Good morning Bitcoinland. Happy Valentine's Day.

Love these multi-chopper days.

[criptoevangelista]

For now, all I can smell is the move to $52,000 and I don't know if someone is seing same with me, bitcoin is becoming more stronger in raising resistance over the bear market and it's more positive to see that this is getting more excitements even before the halving begins,  we are experiencing the first part of it which will serves as an intro.

Possibly the market is pricing in the halving, we have a target region of 56.7k.

But we must also consider that ETFs have a lot of interest, there is now a demand much greater than the real supply. Very strong upward trend.

[Richy_T]

some bears are waiting for 6k

Buy the dip, don't be the dip.

[philipma1957]

...

Yeah that's the plan
Target was to start taking profit around 2026
But I don't know if I can stand not pressing the sell button when $100K.
Well even if I do take some profit
Never want to be a nocoiner again
Still surprise am still holding after $50K.

*ding*

52k baby.

when 53?

Continue increasing numbers
Bitcoin have been hitting every number you have said.
$53K around the corner
The next real resistance is $60K.

when rising. make some smaller sell ladders  

 say
54.5k
59.6k
64.3k
69.2k
74.4k

pretend you have a coin right now.

don't sell a lot on the ladder.

sell
0.02
0.02
0.02
0.02
0.02

which is 0.9 coins left for later

start a higher ladder after this ladder sells out

maybe
0.02 at 97.2k
0.02 at 102.2k
0.02 at 107.1k
0.02 at 112.2k
0.02 at 117.3k

leaves you with 0.8btc  and some cash for the crash or expenses.

you would have 16000 cash and 0.8 btc

jjg can give you other ideas of how to sell it or buy it or hold it.


all the numbers above are based on your btc being way under 40k say 29k or so.

[Lucius]

~snip~
The next real resistance is $60K.

The next real point of resistance is at $100k, anything below that is just preparation for the real thing🚀


That situation when you decide to go back in time and punish yourself for not buying BTC in 2010 - I hope they don't invent a time machine

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

I was told of a friend of a friend who lived on noodles and water for 1 month straight. And then he died. Not sure of the cause of death. Not sure if it was ramen either.

 Was this friend of a friend living at Camp Lejeune?

This was not as widespread as people think.

I was there during that timeframe so I checked into it and your had to be there for a minimum of 3 months and gone to a specific building for them to even check into it.

[Biodom]

We are in BULL market.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.

In a bull market, you buy, buddy, it is as simple as this.
Don't overthink it.

[xhomerx10]

I was told of a friend of a friend who lived on noodles and water for 1 month straight. And then he died. Not sure of the cause of death. Not sure if it was ramen either.

 Was this friend of a friend living at Camp Lejeune?

This was not as widespread as people think.

I was there during that timeframe so I checking into it and your had to be there for a minimum of 3 months and gone to a specific building for them to even check into it.

 Thanks for the information.  I'm just going by the radio ads from law firms I constantly hear.  I honestly had no other frame of reference.

[cmacwuz]

I will go to Zeunerts lurker convention, but under the condition that no hats are allowed.

There are more lurkers than you think on the WO....

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

We are in BULL market.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.

In a bull market, you buy, buddy, it is as simple as this.
Don't overthink it.

You are against sell ladders into a bull I am for them.

just don’t over sell your holdings. I e if you have 1 btc don’t sell it all in the runup to 100k

My selling stack is far less than my holding stack.

and I still mine in order to stack more.

[philipma1957]

We are in BULL market.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.

In a bull market, you buy, buddy, it is as simple as this.
Don't overthink it.

for me this is not a bull market.

its a bull trap.

due to my coins being acquired via mining. ⛏️

my cost average is under 30k for getting coins.

and once the ½ ing comes my cost average turns into 60k.  so since price is not 62k as a miner I turn bear in under sixty days.

I need to have a cushion for
apr
 may
 june
 july
aug
sept
power costs

so I have a sell ladder. once it gets filled on the top at 72k I will have enough power cushion for six months.


now I accumulated btc since my reset in 2022.

All coins were at the 16k to 52k level

so I am sure jjg can tell you the average price from nov 22 to feb 24.  about  65 weeks time

maybe 30k  .  so selling under 15%  of coins  all at profits and all tax free due to write off created in sept 2022 works for me.

I am different then most here as I get most coin via mining.⛏️

[OROBTC]

*ding*

52k baby.

when 53?

Soon (tm)

vokain, welcome back!


*  *  *

@philipma1957, *maybe* I'll start selling a little bit at $80k, but that's just because I am always uncertain.  But, I'm not selling much at below $100,000.  The Hal Finney predictions of $1M+ make more sense now.

Even so, no one knows how the future will go.  I will sell bits & pieces of BTC as the prices goes up bigly, but I will never sell it all.  Just like the last cycle when BTC hit its all time highs.

[philipma1957]

*ding*

52k baby.

when 53?

Soon (tm)

vokain, welcome back!


*  *  *

@philipma1957, *maybe* I'll start selling a little bit at $80k, but that's just because I am always uncertain.  But, I'm not selling much at below $100,000.  The Hal Finney predictions of $1M+ make more sense now.

Even so, no one knows how the future will go.  I will sell bits & pieces of BTC as the prices goes up bigly, but I will never sell it all.  Just like the last cycle when BTC hit its all time highs.

absolutely agree with you.

one ladder selling at 50-70k
next ladder selling at 97-117k

figure out what is next after we do those two ladders.

and still stacking via mining