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

[ChartBuddy]

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[DirtyKeyboard]

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[ChartBuddy]

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[ChartBuddy]

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[BitcoinBunny]

(Shame the linked image / gif quality always has to be so shit, will this 1mb limit stay in place for the rest of time? Would be nice if we could include longer/better gifs and embed YT. But maybe I'm just being silly.)

[ChartBuddy]

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[LFC_Bitcoin]

Kinda glad we’ve taken a breather and the price has stopped pumping. It’s too early bros, the last thing we needed was an unsustainable pre-halving rally and a mini blow off top and dump. Slow and steady wins the race man, this shit is a marathon, not a sprint.

I do wonder who is selling now though, what kind of a moron do you have to be to sell the greatest financial asset known to man, two months before its supply is cut yet again? I guess you can’t help stupid people.

I’d like 50k to hold, if only for psychological reasons. Let’s meander around 50k and then start a slow rise into the halving. Spot ETFs will soon have bought all the OTC supply and that’s when the fun will really start. $250,000 in play for 2025.

HODL.

[ChartBuddy]

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[somac.]

Kinda glad we’ve taken a breather and the price has stopped pumping. It’s too early bros, the last thing we needed was an unsustainable pre-halving rally and a mini blow off top and dump. Slow and steady wins the race man, this shit is a marathon, not a sprint.

I do wonder who is selling now though, what kind of a moron do you have to be to sell the greatest financial asset known to man, two months before its supply is cut yet again? I guess you can’t help stupid people.

I’d like 50k to hold, if only for psychological reasons. Let’s meander around 50k and then start a slow rise into the halving. Spot ETFs will soon have bought all the OTC supply and that’s when the fun will really start. $250,000 in play for 2025.

HODL.

I'm getting impatient, but, you're right. Still it would nice to break the ATH within say 3 months.

[BitcoinBunny]

Kinda glad we’ve taken a breather and the price has stopped pumping. It’s too early bros, the last thing we needed was an unsustainable pre-halving rally and a mini blow off top and dump. Slow and steady wins the race man, this shit is a marathon, not a sprint.

I do wonder who is selling now though, what kind of a moron do you have to be to sell the greatest financial asset known to man, two months before its supply is cut yet again? I guess you can’t help stupid people.

I’d like 50k to hold, if only for psychological reasons. Let’s meander around 50k and then start a slow rise into the halving. Spot ETFs will soon have bought all the OTC supply and that’s when the fun will really start. $250,000 in play for 2025.

HODL.

No idea who is selling or why, but then I also don't get why anyone would put any cent into any other cryptocurrency than BTC. It makes no sense other than only for a short term possible gain perspective. Some of the other currencies are even built as intentional unlimited supply jokes and people still go for them.
Just like that utter NFT BS. Unlimited supply of bearded colourful apes with a cigarette. WOWOWOW.

All these stupid coins are coming and going: Cardano, Tron, Ripple, Stellar Lumens, BNB, Solana with server issues, Bonk, Doggystyle coins etc. etc. Load of shite.

It says there are 2.2 million cryptos on Coin market cap. The last time I checked that number it said there were in the 4000s.

Just crazy carry on.

So because of that, sure, I guess some people are thinking they are doing well selling their BTC and probably spreading it into a thousand other cryptos or "projects" thinking they may rise just as much as BTC. But with those rises they are most likely going to miss the boat to buy back in?

Probably crypto scam artists trying to get other people's BTC is a huge reason for this nonsense and we are often flatlining for a while.
Whooptie Doo, another 10,000 coins added to CMC.

[Zeunerts]

Kinda glad we’ve taken a breather and the price has stopped pumping. It’s too early bros, the last thing we needed was an unsustainable pre-halving rally and a mini blow off top and dump. Slow and steady wins the race man, this shit is a marathon, not a sprint.

I do wonder who is selling now though, what kind of a moron do you have to be to sell the greatest financial asset known to man, two months before its supply is cut yet again? I guess you can’t help stupid people.

I’d like 50k to hold, if only for psychological reasons. Let’s meander around 50k and then start a slow rise into the halving. Spot ETFs will soon have bought all the OTC supply and that’s when the fun will really start. $250,000 in play for 2025.

HODL.

I hear you and agree, but..

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[xhomerx10]

(Shame the linked image / gif quality always has to be so shit, will this 1mb limit stay in place for the rest of time? Would be nice if we could include longer/better gifs and embed YT. But maybe I'm just being silly.)

 Ha!  Good one, big blocker!

[BitcoinBunny]

This pitstop is nothing.

Remember we were below 40K just 4 weeks ago, lol.

 

[ChartBuddy]

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[Gachapin]

your bets guys... will 50k hold over the next 3 days?

I'd say we'll dip below

[JimboToronto]

Of course, when any of us get into our elderly years where we might be more fragile and/or subjected to needs of liquidity, we may well need to keep some of our extra value in cash.. but like you said, if you already have a decent amount in other assets, then you may well be able to run the risk of having most of the rest, even the cushion in bitcoin.

When I speak of taking dividends, I don't mean necessarily taking them and holding them in fiat currencies. It's still best to hold them as Bitcoin.

It's more a matter of being able to buy that second house, business, vehicle, or other lifestyle improvement without wiping out your nest egg.

Of course you keep your cushion in Bitcoin. Unfortunately, purchasing real estate, vehicles, travel, etc usually requires fiat currencies. I was lucky to be able to buy my principal vehicle, my John Deere Gator, with Bitcoin, avoiding the need to convert to dollars to make the purchase. Of course my lake, city house, dental implants and other major purchases required dollars or pesos.

I usually keep only a minimum dollar balance on hand for purchases and in my bank account to avoid bank charges and pay utility bills, etc and only buy dollars or pesos as need be.

[ChartBuddy]

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