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

[philipma1957]

where is the thread that shows top 100 days for btc can't find it.

I think you meant 100 Push-Ups A Day Until Bitcoin Is $100K Challenge.

https://news.bitcoin.com/blackrocks-bitcoin-etf-holdings-near-110k-btc/

$477 million in flow just for today.What a strong day
Netflow have been going 9 digits for a week now  
Stock holders are really seeing the potential of BTC now.

If the one day candle holds there's a likelihood we see $53K today

no this is an old thread

it would show top 100 days of prices in.  USD EURO POUND YUAN

so it is buried at least 1 year and a half back since we left the really high 60K plus numbers a while back in fall of 2021

[1714295016]

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[1714295016]

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[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

I do not do weed anymore. but it is not a terrible drug. far safer than drinking.

All I need to know is that I've met alot of Mean Drunks but never once a Mean Pothead.

[AlcoHoDL]

Feels like the chopper's gonna vroom vroom tonight.

Why tonight?

If we use UTC and the time of your post as our reference, then presumptively you are talking about the thing happening within the next 4-16 hours, give our take 4 hours.

But why?

Are we experiencing ongoing "supply shock?"

or is something else going on?

I am not saying that I disagree with your feeling, whether it is a gut feeling or a SOMA^{tm - d_eddie} feeling, but we surely are within the top of the "don't wake me up" zone, so I am not going to presume getting through the top of it, even though there still is some room for movement within the top of the zone, yet at the same time, there is no reason that we might not continue to bounce around in these here parts.. except surely the ONGOING  net vacuuming up of BTC by the various BTC spot ETFs on a daily basis surely cannot be healthy for anyone expecting down and or sideways BTC price performance in the coming weeks and/or months,

and at the same time, I am coming to a similar kind of assessment that it is almost like the BTC price has to double or triple from here in a fairly short period of time to merely help with the ability of spot BTC ETFs to be able to continue to absorb actual BTC rather than fake ones.. but even conceding all of that still would not necessarily meant that more UPpity is imminent, including breaking out of the "don't wake me up zone" and getting into "no man's land" while passing through "hot butter" territories.

Pray tell, what I might be missing in terms of your current vision?..including that as of about a month ago, we had a two-year high of $49,048, but then a correction down to $38,505... but then perhaps a somewhat overly rapid shooting up from near the bottom and mid of the "don't wake me up" zone and getting into the top of the "don't wake me up" zone.. but still we don't get any kind of automatic continuance UPpity.. because if we actually get into "no man's land" while passing through "hot butter" territories then surely we could end up losing momentum if we end up getting there too quickly, no?  or do you consider that BTC buy pressures (support) will be able to keep up so that we would clearly be able to get through "no man's land" - aka "bat country" and therefore if successfully making it through such, then we may well end up ranging in the $82k to $100k arena (which price range still has not been named - because it is likely too early to be too presumptuous about even getting to that $82k to $100k price area in a relatively short period of time, if that might be in the short-term cards...)?

I was counting on chance and the various aftertastes that I'm getting from the weird sauce mix that has resulted from the ETF approval, the stream of mini/midi pumps and the upcoming halvening, all coinciding and fueling each other, more or less. I've got to admit that I'm not a great fan of James Brown, but that song is so fitting for the occasion. "When I hold you in my arms, I know I can do no wrong." Who can deny that? The more one hodls, the more the right and the less the wrong...

So, yes, it was the usual SOMA^TM guess I sometimes feel the urge to communicate to my fellow WOers. It didn't age well, I know, but $52k/coin is still not a bad price. And I'm sure the chopper will vroom vroom soon anyway. Weak hands will always be there to take short-term profits whenever there's a pump, so dumpenings are always expected. Considering that the real pump will occur in 2025, things can only get better from here onwards. Anything that happens earlier is welcome, but, as you correctly point out, not something to be all fussy about.

One thing I feel is certain: this year and the next will be among the most entertaining, exciting, fun years since the beginning. 6 digits = fuck you status for many WOers who aren't there yet, and there is a big difference between a $2M fuck you and a $10M fuck you.

$100k/coin and even $1M/coin are unpredictable certainties. Got coin?

[criptoevangelista]

You may be correct that there are always chances that some kind of substantial and meaningful correction could take place, and in this particular price rise we are likely measuring since about mid-October 2023 when the Blackrock's ETF application was clearly announced.. and so the upwards BTC price action has been pretty much ongoing and relentless ever since.

Personally, I believe that is it not really necessary to know if it is fake or not, because I doubt that we are having a blow off top right now or having a couple more years of down or sideways, but hey guys can believe what they like, and for you, probably you should make sure that you are ongoingly stacking rather than waiting for dips that might not happen, and sure you are likely at a disadvantage if you are coming to bitcoin at any time around your forum registration, and surely there could be scenarios that you are just forced to continue to buy as the BTC price is going up.. and maybe the BTC price will come back down to these levels, and maybe it won't.

Another problem that newbies have is cashflow.. so the cash only comes in so rapidly, and maybe they are in a worse situation if they are in college or some kind of status in which they are not earning much if any income that goes beyond their living expenses (also known as discretionary/disposable income that they would be able to use for investing in something like bitcoin).

I ended my most robust bitcoin purchases in December 2022, made my entire equity allocation in BTC during 2022 (yes, I'm all-in and know the risks), and have only been making small weekly purchases since then. Fractions to accumulate as much as you can.

In fact, I am in the process of building wealth despite not being so young (almost 4 decades of life), after truly getting to know bitcoin I built an investment theory that will take around 8 years to complete (so far it has been 2,5 years) and I have been faithful to what I understood to be best for me. Will it work? I don't know, why there's no way to guarantee anything, but the probability of it working is very high.

These 9 principle individual factors that influence your decision whether to invest into bitcoin and how to invest into bitcoin have financial, skills and psychological components that include:
1)   your cashflow,
2)   how much bitcoin you have already accumulated,
3)   your other investments (including an emergency fund and/or other purposes that cash reserves might be held),
4)   your view of bitcoin as compared with other investments,
5)   your timeline,
6)   your risk tolerance,
7)   your time, skills, goals (investment/lifestyle targets, which includes figuring out the extent that you are in BTC accumulation, maintenance or liquidation stage),
8 )   your abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time,
9)   your considering your time, your abilities and whether to trade, reallocate from time to time, to use of leverage and/or to use financial instruments... (and for sure the use of financial instruments, leverage and margin trading involve higher level skills and are not even necessary to still become richie in bitcoin's already existing asymmetric bet.)

These are ongoing areas in which anyone should be working upon without necessarily concluding that they need to perfect all of them or even to perfect any one category prior to being ready to start investing into bitcoin.. whether that is investing with their time, their energies and/or their finances.

These factors are very, very important for any investor, I have been dealing with this financial world for much less time than practically everyone who writes here in the topic, I need to make adjustments to the route more frequently, I have not yet experienced a bull run completely.

But what I imagine to be the most viable is to be able to educate myself enough to identify the best times for settlement to finally do the magic of multiplying capital.

I continue to study and follow the things written here, this topic and reading the things written here is a A true lesson for those seeking knowledge.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Greyhats]

I dunno if it’s just me but seeing some the bullish new morph a bit over the last week or so, general topic remains the same but just slight tweaks across the different sources.

- Investor funds have to wait 30,60 or 90 days before investing in etf’s
- Etf finding it harder to buy otc at x price(last story was just under 100k from large holders)

Is this normal, like I notice it because i read things daily. Are these half truths aimed at bringing in the retail investors for example?

I wasn’t here for the start of the last bull/pre-halving. Is this something I should just get used to from now on?


Onwards and upwards,
Greyhats

[Biodom]

Gensler pooh-poohed bitcoin in his latest CNBC interview while being essentially made fun of in front of an audience.
Now, some Fed board governor says that he "doesn't want" banks to hold large amounts of bitcoin ETF.
I think that they realize that a relatively small trickle of funds into those ETFs (so far) could become a deluge.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[tertius993]

where is the thread that shows top 100 days for btc can't find it.

I think you meant 100 Push-Ups A Day Until Bitcoin Is $100K Challenge.

https://news.bitcoin.com/blackrocks-bitcoin-etf-holdings-near-110k-btc/

$477 million in flow just for today.What a strong day
Netflow have been going 9 digits for a week now  
Stock holders are really seeing the potential of BTC now.

If the one day candle holds there's a likelihood we see $53K today

no this is an old thread

it would show top 100 days of prices in.  USD EURO POUND YUAN

so it is buried at least 1 year and a half back since we left the really high 60K plus numbers a while back in fall of 2021

Do you mean this one: https://bitcointalk.org/index.php?topic=138109.2060

[Torque]

I do not do weed anymore. but it is not a terrible drug. far safer than drinking.

All I need to know is that I've met alot of Mean Drunks but never once a Mean Pothead.

That may be true, but in my entire life I've never met a pothead who didn't also drink. At the same time.

That's why when this supposed truism comes up of "marijuana is safer than alcohol" I always chuckle to myself and think, "How would you know?"

[Hueristic]

I do not do weed anymore. but it is not a terrible drug. far safer than drinking.

All I need to know is that I've met alot of Mean Drunks but never once a Mean Pothead.

That may be true, but in my entire life I've never met a pothead who didn't also drink. At the same time.

Weird, most Potheads I know don't drink at all.

Me I have no problem doing a trifecta.

Maybe your thinking of casuals?

[vapourminer]

I do not do weed anymore. but it is not a terrible drug. far safer than drinking.

All I need to know is that I've met alot of Mean Drunks but never once a Mean Pothead.

That may be true, but in my entire life I've never met a pothead who didn't also drink. At the same time.

Weird, most Potheads I know don't drink at all.

yup thats me and (most of) the folks i hang with. weed good, booze meh

but no judgment from me, lest i be judged in turn lol

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

I do not do weed anymore. but it is not a terrible drug. far safer than drinking.

All I need to know is that I've met alot of Mean Drunks but never once a Mean Pothead.

having fucked around with a lot of drugs in the 1972-1991 time period.

I rate pot as fairly safe.

I had lots of varieties of weed and hash and thc oil.

Even the thc oil which was really strong was not as unsafe as booze.

I know four or five dead drinkers. Either too much booze and od. or too much booze and car wrecks.

I do not know dead pot heads.


Lots of us would smoke weed and not drink back in the day. Say 1972 to 1978.

[ibminer]

I was gonna sell my coins, but then.

[sirazimuth]

If there is a woman out there who expects a $52k gift for Valentines' Day, avoid her like the J&J covid jab.  

Well tbc, these daze, I avoid women, full stop, even if they don’t expect a bitcoin in their rose bouquet.
(I’d venture to guess that most don’t)
I didn’t avoid a jab, however, and I rarely get sick,  so there is that.
Whether these facts correlate or not, who cares?…not me.  


GO BITCOIN

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Stepstowealth]

If there is a woman out there who expects a $52k gift for Valentines' Day, avoid her like the J&J covid jab.  

If there is a lady you are involved with and she knows that you are an investor in bitcoins and then she is demanding too much, and demanded too much for even valentine which is not the only day for show of love, you need to rethink your relationship.
If you even have friendship that is taking away too much money from you this period, stay away for a while for your own good.

Do not let anything stop you from investing and holding enough bitcoins, and it also does not mean you cannot have a bottle of beer.

[Gachapin]

Against all of your good advice and my bad judgement, I am about to watch Argylle.  I'm going in... wish me luck.  Hope I make it out alive.

 *My wife is a big Henry Cavill fan.

 Oh man, that sucked so bad that my wife woke me up telling me she had fallen asleep.

The movie really wasn’t good

But the longer the worst it became ….

sounds like a netflix movie