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

[JayJuanGee]

...Just checked Gemini exchange.  Still working (that is, got to my account OK, balance is correct), but I did not try to sell anything.  80k is my first sell point.

So you're selling next week then, approximately.

If /when we get to 80k, sure, I'll sell a tiny slice.  Just like I sold slices in 2021 and 2017.  It doesn't hurt to take some profits.  At 90k, another slice.  DCA in reverse if you will.

I'm one of those guys who's never sure about what will happen in the future...  I'll take some of the money and run (like before).

But, I'll never sell all of my BTC.  Never.

Of course, you probably have your own spreadsheets, but feel free to use the raking spreadsheet for any ideas or the one on Google that fillippone created that allows you to plug in your own terms and see the results.

At that price some big money cashes out so it's more BTC in circulation, bearish for the price
Retail ETF investors are buying
Big institutional investors are not buying much
Retail trading is still mostly short

==>82k then down to 45k to clean?

That would be quite unusual to make it all the way through no man's land and then to correct all the way through it .. plus some extra..   I don't buy it.. or at least it does not seem to have very high odds.

I would give higher odds to either mid $90ks or even going past $100k and getting back into noman's land.. perhaps temporarily and maybe even for a few weeks.

Stops triggered some profit taking from 63-61k. I hope to spend some time again below 60k before we’re off to never ever land but we shall see. Reloading

It is imaginary.

We are likely not hanging around here very long..

a few weeks to a few months at most.


hahahahahahaha

The Bitcoin price just dropped $4,000 and we’re still up $4,000 on the day. That’s crazy. If I weren’t an experienced Bitcoiner I might confuse this massive rally with a blow off top and sell here. Thankfully, I’ve got my eyes set on $100,000 and no $4,000 gain in 24 hours is going to shake me out.

That is pretty whimpy.

$100k

That's old news.


That is the target from last cycle.



Think MOAR BIGGER.

The Bitcoin price just dropped $4,000 and we’re still up $4,000 on the day. That’s crazy. If I weren’t an experienced Bitcoiner I might confuse this massive rally with a blow off top and sell here. Thankfully, I’ve got my eyes set on $100,000 and no $4,000 gain in 24 hours is going to shake me out.

I also don't see any point in selling some bitcoin now...

say no to "crypto premature ejaculation" 

Say no to anything that has crypto related with it... .. wouldn't want any of that shit.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[shahzadafzal]

Savage!

https://x.com/WatcherGuru/status/1762968856446783992?s=20

[OROBTC]

...

JJG, #661544 just above

Yikes!  My planning is much more basic than the work you've done in your referenced thread.  Yet the way I sold in prior spikes (small frequent slices as the bull markets were in full swing and soon after the ATHs) was similar enough (though unstructured) to your spreadsheet suggestions.  I do not plan in such detail for a few reasons:

1)  at this point in my retired life I tire of spreadsheets
2)  things change so fast that I will make decisions, sometimes, on the fly
3)  I have never had enough BTC to attain one of your FU status amounts, but that's fine with me as my wife and I are retired OK, you may remember me re 1% - 2% of net...
4)  my sales-in-slices strategy worked well in 2017 and (especially) 2021
5)  I might not have the discipline to follow a plan...

I certainly concede that my somewhat relative success has been in at least part due to luck.  But, as I considered in the past with my own views of probabilities of price movements both uppity and downnity and our financial situation and rather plebian knowledge of Bitcoinistan, I was just fine with the gains I made.  Which have not been game-changers, but that's OK.  Especially 2021...

My game plan is likely to be "rather 2021-ish."  Sell off small slices every once in a while, maybe once or twice a week, once we reach some $80k.  In 2021, I started selling at $30k, and sold off slices throughout the double spike.  I then started buying again at some $40k - $45K (too soon, oops).  My last purchase was just this Monday, I haven't made up my mind when I'll buy again.  My buying more-or-less conforms to the spirit of DCA even if sloppier, but, hey it works without overly taxing my brain.

[shahzadafzal]

Bitcoin BTC is now the 5th largest currency in the world.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[DirtyKeyboard]

ChartBuddy's 24 hour Wall Observation recap
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All Credit to ChartBuddy

[OutOfMemory]

Next week watching Dune II

Very looking forward

I recently watched part I again with my wife to introduce her to the story, because i will take her to the cinema for part II.
When i was 14, i read the book, before i read the remaining ones and also bought the enceclopedia (parts 1 and 2). It was a no-brainer to rent and copy the first movie on VHS, the one by David Lynch, an i also became quite a fan of him afterwards.
In Part 1 (2022) they did everything right. Not too much effects, awesome score, the space created by slowness, lighting and minimalism. The only thing i didn't like was the lack of building tension, which might be only me, because i already knew the story in and out.
Too bad that Frank Herbert doesn't have a chance to watch and comment on it, or even take part in its production.

And not seen the old version

You won't miss anything, but for the old times, it was brilliant. The new version is remarkably authentic, as was the old one (AFAIR), when you don't look too much at details that were omitted to simplify the story and ease the flow.

Bitcoin BTC is now the 5th largest currency in the world.

A quarter of the Yen's MC, and when it is passed, it's only a small step for Bitcoin but a giant leap for mankind.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vokain]

Had a feeling we’d be back. Reloaded at 61k the stops that got triggered and then some. 

ATH soon enough

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LFC_Bitcoin]

Good morning, gentlemen.

Feels good being nearly 40% richer than 1 month ago. This is nothing though, where we are going moon suits will be required.

[serveria.com]

Hey WO brethren!

Simply couldn't ignore what is happening atm. King Daddy is pumping hard and all is well. I'm looking forward to at least a year, possibly a year and a half of pumpening and great fun. I hope we will finally hit six digits this cycle and I will sell some coins.

I saw several posts on aging by some WOers. Yes, my hair is turning grey and I also wake up at night for a pee now. I really hope that when BTC pumps well into 6 digits I will still remember what I needed Lambos, hookers and blow for...    

[serveria.com]

Good morning, gentlemen.

Feels good being nearly 40% richer than 1 month ago. This is nothing though, where we are going moon suits will be required.

My body is ready. Will you give us peasants a hint on when to sell? I remember two previous cycles you had almost perfectly correct timing! 

[vroom]

what do you guys think of this bitcoin guy rocket? I think we should replace our chopper with something new for our way from 100k to a million. we should be prepared

updated version with outlining:



maybe someone else who is more skilled then me can create a better rocket?

[MERlT]

[/quote]



[/quote]

[JimboToronto]

Will you give us peasants a hint on when to sell? 

Only when absolutely necessary. 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinBunny]

New ATH today?

Either that or it's ramen for dinner again!

[serveria.com]

Will you give us peasants a hint on when to sell? 

Only when absolutely necessary. 

Agreed, only in case of emergency... I swear! Btw, do buying hookers and blow qualify as emergency? Asking for a friend...