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

[aesma]

Not that long ago we were talking about this here and I was thinking I would sell a few % at 100K just to "shave off" gains, not necessarily to use it, maybe just to buy again if the price goes down again after that, or to eventually spend if it never goes down, but now that we're quite closer to 100K I'm not so sure, we'll see.

i couldnt resist.. i have a sell at $100,001 USD just for the lulz

Actually that sounds like fun.

I remember sometimes setting some really dumb orders, just to have the numerology on my books... both on the selling and the buying side.. mostly on the selling side though, because every few years when we are entering into new ATHs, we are moving into previously uncharted territory, so there is some kind of funzies in that... even though several months worth of ATHs (such as 2021) can sometimes start to cause us to take them for granted a bit when they are happening.

And sometimes there is a fluke on the exchange and an order gets filled even though the price didn't move that much globally.

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[DirtyKeyboard]

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

[ChartBuddy]

Explanation
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[OutOfMemory]

It's very OK if we enter the infamous pre-Halving correction today.
In the end, it's a ripple in the ocean when zooming out.
Last not least, King Daddy doesn't care  

Have a nice day, regardless of numbers (don't let them dictate your wellbeing). I have to service the old milling machine to produce some exclusive hardwood earrings for some of the woke community.

EDIT: I will as well look at the charts as much as possible 

[OgNasty]

The mempool has started creeping up a bit over the last week. This is pretty typical after a price increase as people move coins to exchanges. Elevated levels of interest I’m sure play a role as well. The ETFs are running the show right now, otherwise I would say we’ll see some consolidation and a return to a falling mempool before another big leg up. We’ll see though. ETFs are back sucking up BTC in 6 more hours.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[Leahized]

Bitcoin BTC is going up forever?

You think

[LoyceV]

Bitcoin BTC is going up forever?

You think

You're asking the wrong question.
Dollar (USD) is going down forever? The answer is yes. Which, by deduction, means Bitcoin is going up forever.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

The mempool has started creeping up a bit over the last week. This is pretty typical after a price increase as people move coins to exchanges. Elevated levels of interest I’m sure play a role as well. The ETFs are running the show right now, otherwise I would say we’ll see some consolidation and a return to a falling mempool before another big leg up. We’ll see though. ETFs are back sucking up BTC in 6 more hours.

In case you didn't notice, tomorrow it's D-Day for Blackrock's first Shitcoin Spot ETF at the SEC.
When i watch the BTC/ETH creeping upwards slowly, i guess some speculative folks are trying to get a share of ETH from part of their BTC in anticipation of a stronger move, following whichever statement from the SEC. If the SEC decides against the ETF, which i think is quite likely, those people will lose quite some amount of their BTC stack, when Ether goes down after the (imo, good) news. Some will be waiting for a sell-the-news event in case of positive confirmation etc. you know the story.

[bitcoinPsycho]

Bitcoin BTC is going up forever?

You think

No chance. Its dead

[OutOfMemory]

Bitcoin BTC is going up forever?

You think

No chance. Its dead

That's one of the most fascinating facts about Bitcoin, it goes up forever despite dying hundreds of times. They could call it "Deadcoin" as well...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[aesma]

man i wish this all time high thingie hurries up and happens, i need to sleep tonight

I was asleep when it happened, I had already done an allnighter the previous night I couldn't do 2 in a row.

The reason I didn't sleep before is that I'm rethinking my short term plans in light of this price action...

[ChartBuddy]

Explanation
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[Amphenomenon]

man i wish this all time high thingie hurries up and happens, i need to sleep tonight

I was asleep when it happened, I had already done an allnighter the previous night I couldn't do 2 in a row.

The reason I didn't sleep before is that I'm rethinking my short term plans in light of this price action...

Waking up at night to take a piss

3 choppers passed

And no I’m not dreaming

I guess this is the experience you will be having soon  

The mempool has started creeping up a bit over the last week. This is pretty typical after a price increase as people move coins to exchanges. Elevated levels of interest I’m sure play a role as well. The ETFs are running the show right now, otherwise I would say we’ll see some consolidation and a return to a falling mempool before another big leg up. We’ll see though. ETFs are back sucking up BTC in 6 more hours.

In case you didn't notice, tomorrow it's D-Day for Blackrock's first Shitcoin Spot ETF at the SEC.
When i watch the BTC/ETH creeping upwards slowly, i guess some speculative folks are trying to get a share of ETH from part of their BTC in anticipation of a stronger move, following whichever statement from the SEC. If the SEC decides against the ETF, which i think is quite likely, those people will lose quite some amount of their BTC stack, when Ether goes down after the (imo, good) news. Some will be waiting for a sell-the-news event in case of positive confirmation etc. you know the story.

I also think the Ethereum spot ETF won't be happening now at least this year, I support Chervinsky analysis, once ETH ETF spot is approved now another group will pop out to request for ETF for another coin and the cycle will continue. I wonder what do these guys see in Ethereum, that would make SEC accept their request, also I think that the fact that Ethereum as an infinite number of supply is a red flag in the long run. Though I might be wrong since I don't really know much about the Ethereum Blockchain

4k was exactly 4 years ago...

Time flies when you are having fun.

The last 4 years have been pretty good, relatively speaking, especially for any of us who had been in bitcoin and/or mostly established our position prior to 4 years ago.

On the other hand, anyone who might have had established their position at the top of the 2017 market and did not buy more BTC, those guys might have had suffered a bit in 2022, but if they continued to buy the whole time since 2017, they would be sitting quite pretty right now.

Even if a person from 2017 ONLY invested $100 per week over the last 7 years, he would have had invested right around $36,600 and he would have had accumulated right around 4.4623 bitcoin (currently valued at $306k, so profits on paper currently nearly 8.5x in profits).  Who's going to be complaining about those kinds of numbers for the BTC accumulator/HODLer?

Sometimes I wish If I could have been among those who knew the truth about bitcoin investment early around 2017  but I'm far from that and its quite unfortunate especially when you were holding onto some falsehood knowledge but I Thank God I can see things crystal clear now.

Though I can't accumulate more as you all but I hope in 20 years time I will be like you old folks speaking about bitcoin and I guess others will also view me as an earlier investor then

[Zeunerts]

Time to get ready for a new day of trading.

HODL until it hurts.

[OutOfMemory]

Necklace tag in the making:



was about time  

EDIT: exotic hardwood (don't remember which one, but it tastes awfully bitter, don't ask how i know...), sanded, shellac finish, polished, laser engraved.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com