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

[Paashaas]

OTC supply going lower Bitcoin up.

[1714886032]

1714886032

[OgNasty]

I keep saying it but it bears repeating.  We're bumping up against the very last resistance level before the all time high and when it breaks we're going to zip up $10,000 in what will look like a straight line when zooming out on a chart.  I also don't think there's enough sellers left at the all time high to really slow down what is coming.  The ETFs are taking in far more than anyone expected and their intakes aren't slowing much.  It will be interesting to see what happens with ETF intakes once a new all time high is reached and the fomo really starts.  Has me wishing I bought options instead of shares when the ETFs went live.

[Biodom]

Some bitcoiners bristle at ETFs...not me.
Bought into a couple a few days ago (in Roth)...not taxable, haha.
A path: from some strange swedish bitcoin ETP (Bitcoin XBT tracker One or something like that) and straight into US-based.
An expensive tx (they REALLY fleece you), but it was up about 10X since 2020, so, no biggie.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

Some bitcoiners bristle at ETFs...not me.
Bought into a couple a few days ago (in Roth)...not taxable, haha.
A path: from some strange swedish bitcoin ETP (Bitcoin XBT tracker One or something like that) and straight into US-based.
An expensive tx (they REALLY fleece you), but it was up about 10X since 2020, so, no biggie.

I grabbed some too. I went with FBTC for the custody diversification. Also tossed it in a Roth IRA. Bitcoin is cool and holding your own is respectable, but long term Bitcoin gains without having to self custody or pay taxes on gains… That’s just too good to avoid for any reason. I’m up 25% already.

[Toxic2040]

the noon wall report



dyor

bitcoin still getting scooped up at record rates with the launch of ETF's  scarcity is having a impact and will likely continue to do so with the halving just around the corner

another strong week with bitcoin currently trading near $51.8kish on moderate volumes

a long three day weekend ahead with legacy markets closed on Monday in the US

steady as she goes


4h


D

stronghands

[eXPHorizon]

You only need to hang mean traitors, but mean Traitors you need to hang.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[eXPHorizon]

Everyone Gangster and Mafia until a Ghost enter their house.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

Looks like someone forgot to take his meds again.

And I don't mean Buddy.

[Amphenomenon]

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

I guess this is the thread 100bit.co.in - Suggest features to make the portal better

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

Just watched the trailer and I guess it's kinda interesting maybe because I'm a fan of most of the characters including Dua Lipa but the truth is I rarely watched movies, mainly on either Manhwa and Japanese Anime

[Greyhats]

Some bitcoiners bristle at ETFs...not me.
Bought into a couple a few days ago (in Roth)...not taxable, haha.
A path: from some strange swedish bitcoin ETP (Bitcoin XBT tracker One or something like that) and straight into US-based.
An expensive tx (they REALLY fleece you), but it was up about 10X since 2020, so, no biggie.

I grabbed some too. I went with FBTC for the custody diversification. Also tossed it in a Roth IRA. Bitcoin is cool and holding your own is respectable, but long term Bitcoin gains without having to self custody or pay taxes on gains… That’s just too good to avoid for any reason. I’m up 25% already.

I use a roth as part of my emergency fund sources, I restacked the ratio's when the etf's came out, and have some allocated to ibit.

Its not well publicised but you can withdraw your roth contribtions without any penalty/tax so long as its only the contribution amount and not any profit.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[sirazimuth]

OT alert...

Adventures at the local hardware store at checkout...

cashier... <rings up my purchase> "phone# please? "

me... <thinking WTF? Oh yeah, I always give out my phone# to random spammers>   "area code 012 345 6789"

clueless cashier..  (diligently punches the # in) "oh my!.. that's quite the exclusive area code."

me..."damn straight...I went to Harvard too..."

GO BITCOIN

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

Another day in the books (UTC) and another green candle. That's 11 of the last 12 days.

Gee. Are we in a bull market yet? 

[JayJuanGee]

[edited out

I agree with almost everything, including the vibe, but Microstrategy in SP500? This is not going to happen for at least 10 years, maybe never.
Why? For the same reason as why GLD is not in SP500. Basically, very small earnings (in MSTR case).
MSTR is almost like a no fee leveraged bitcoin ETF.
Do I wish that I bought it in my retirement account?
Sure...but it ain't a SP500 destined entity, imho.

Count on Biodom to be a party poop.

I like those eyes.  Nice touch.

[Ambatman]

Another day in the books (UTC) and another green candle. That's 11 of the last 12 days.

Gee. Are we in a bull market yet? 

depends on the timeframe
Short term (days) Yes
Mid term(weeks) not sure
Long term(months/years) Yes.

[philipma1957]

Another day in the books (UTC) and another green candle. That's 11 of the last 12 days.

Gee. Are we in a bull market yet?  

no first we must get into the top 100 see thread link:

https://bitcointalk.org/index.php?topic=138109.msg58617278#msg58617278

number 55375 is in 100th place

so we are close but not there.