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

[somac.]

Actually I have never seen BTC immediately pump on good news …. Always taking its time

It does sometimes, I specifically remember it happening with the news of Tesla buying some coin, but most times it does not.

didnt those 2 fake etf approval tweets, one from some crap online "news" site and one from a compromised government twitter account, also result in instant pumps (and of course immediate dumps when corrected)? and then the real etf approval comes and it drops.

yup just btc performing as usual.

Yeah, think I remember that.

[JimboToronto]

Buddy, Buddy. Wherefore art thou Buddy?

Richie? You didn't murder our premier WO contributor did you?

Hopefully he's just been busy working on his tax return.

I sure hope he's OK.

[xhomerx10]

Buddy, Buddy. Wherefore art thou Buddy?

Richie? You didn't murder our premier WO contributor did you?

Hopefully he's just been busy working on his tax return.

I sure hope he's OK.

As far as I can tell talkimg seems to be back to normal once again; Buddy should wake up soon.

[JimboToronto]

As far as I can tell talkimg seems to be back to normal once again; Buddy should wake up soon.

Thanx. That explains Buddy's absence.

Now what about everyone else? This place is like a graveyard.

[Hueristic]

As far as I can tell talkimg seems to be back to normal once again; Buddy should wake up soon.

Thanx. That explains Buddy's absence.

Now what about everyone else? This place is like a graveyard.

/Lurk Mode

[Gachapin]

As far as I can tell talkimg seems to be back to normal once again; Buddy should wake up soon.

Thanx. That explains Buddy's absence.

Now what about everyone else? This place is like a graveyard.

tumbleweed.gif

[philipma1957]

cheap corn for sale this morning I grabbed 0.008 btc today under 60400 per corn

'buy the dip and hodl'


I have more to buy if it goes lower

[JayJuanGee]

60K seems to be the next most likely support level on the weekly chart for Bitcoin/USD. I still believe that selling now is a dumb idea.
After that 48.5K - 51.6K slightly likely. And lastly, a bounce from 38K highly unlikely, yet possible.


_{https://www.tradingview.com/chart/BTCUSD/Up1vjifA-goldkingcoiner-s-BTC-Prediction-for-Q2/}

Edit: I am setting aside some fiat for buying @54k, just in case.

edit:Excuse the lazy and inaccurate line drawing.

I am not going to proclaim to know anything with any level of confidence, but I am kind of thinking that there may well be some support in the $54k to $56k range - so I don't have any strong evidence for that, except mere feelings..

And, also we have seen $60k break a few times already, but not really get much below that.. before bouncing back above it..

So sure, this time could be different.

I remember that there were quite a few of us who had gotten quite confident that $6k was the bottom in late 2018 since it had been tested like 5 or 6 times before it finally broke, and when it ended up breaking, we got nearly a 50% extra drop out of that...

Yeah, sure this time is different.

The fact of the matter, ever single time is somewhat different, so we can really only approximate what we believe might happen.. and so I am not going to write off dropping below no man's land, until we do.. which seems to be right around $55k.. even though surely when we broke above $53k on about February 27, we surely did not spend very much time in the mid-$50k that I had considered to be the beginning of no man's land.. and also we have not revisited that $53k to $59k area.. which I am not even asserting would be any kind of necessary condition in order to resume our UPpity...

So then why should anyone (whether bears or low coiners or no coiners) be given another opportunity to buy coins in the $50ks?  I see no reason for it.. but at the same time, Corn is going to corn.. so it is not like the level of the correction and/or the extent that we might end up staying down to whatever levels that we end up going needs to make any sense.

Buddy, Buddy. Wherefore art thou Buddy?

Richie? You didn't murder our premier WO contributor did you?

Hopefully he's just been busy working on his tax return.

I sure hope he's OK.

As you seem to already seemed to have had found out (from Homer's post and your acknowledgement), I'm pretty sure that the issue with Buddy is related to talking.img.

Richy_T mentioned it here.

[LFC_Bitcoin]

Observing $60,150.

It’s so over!

I guess I better beg for my job back.

[OgNasty]

I'm really not surprised at all by the dip we're seeing and to be honest I somewhat expected that we would revisit $52K after the halving.  I still think that's on the table and while I wouldn't trade that expectation, I wouldn't fear it either.  We just had a massive runup from $16K to $70K.  It isn't unusual that people are profit taking and placing shorts.  However, these panic profit takers and short sellers will be the fuel for the next leg up.  It may be a rocky summer, but I keep saying it and I do believe it, that we're going to see this rocket launch in a major way around Halloween.  You're not going to want to be sitting on the sidelines when the trick or treating kicks off.

[criptoevangelista]

The corn will soon explode and turn into popcorn... to the moon.

(I hope so)

But if it doesn't happen, no problem, buy buy buy. flash sale.

[goldkingcoiner]

60K seems to be the next most likely support level on the weekly chart for Bitcoin/USD. I still believe that selling now is a dumb idea.
After that 48.5K - 51.6K slightly likely. And lastly, a bounce from 38K highly unlikely, yet possible.


_{https://www.tradingview.com/chart/BTCUSD/Up1vjifA-goldkingcoiner-s-BTC-Prediction-for-Q2/}

Edit: I am setting aside some fiat for buying @54k, just in case.

edit:Excuse the lazy and inaccurate line drawing.

I am not going to proclaim to know anything with any level of confidence, but I am kind of thinking that there may well be some support in the $54k to $56k range - so I don't have any strong evidence for that, except mere feelings..

And, also we have seen $60k break a few times already, but not really get much below that.. before bouncing back above it..

I am looking at the weekly chart. On the daily, sure, we could bounce off of the $54-56k range, (which is why I said I set a buy order @$54k), but unless it's a bear trap, in the long term we will go down lower than 56k, should we fall under 60k. That is just how I see it. May be wrong, may be right, I hodl either way.

So then why should anyone (whether bears or low coiners or no coiners) be given another opportunity to buy coins in the $50ks?  I see no reason for it.. but at the same time, Corn is going to corn.. so it is not like the level of the correction and/or the extent that we might end up staying down to whatever levels that we end up going needs to make any sense.

Corn has a forgiving nature. The non-believers usually get a chance or two to get back into the game.

[JayJuanGee]

So then why should anyone (whether bears or low coiners or no coiners) be given another opportunity to buy coins in the $50ks?  I see no reason for it.. but at the same time, Corn is going to corn.. so it is not like the level of the correction and/or the extent that we might end up staying down to whatever levels that we end up going needs to make any sense.

Corn has a forgiving nature. The non-believers usually get a chance or two to get back into the game.

That does seem to be true... There tend to be quite a few opportunities to get back in, but surely, there are also a lot of folks who become too greedy because they wait too long..

And, yeah, every once in a while, the opportunities to come in below a certain price point, become no longer .. .whether or not $53k to $59k become available or whether sub $53k becomes available is still to be found out, and surely, there are not going to to be too many times that I am going to suggest for anyone to wait, unless they have already bought at sufficiently at the current price point, such as buying in the lower $60ks may well give some luxury to wait to find out whether more is going to be buyable in either the upper $50ks and the lower $50ks..

And don't call me a hypocrite since I still have buy oders going down into the lower $20ks, even though surely, I would be quite surprised to even see below $40k, and I think that I was close to be willing to have bet on that previously, so maybe we will see dragonvslinux re-entering the WO space.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[usekevin]

That does seem to be true... There tend to be quite a few opportunities to get back in, but surely, there are also a lot of folks who become too greedy because they wait too long..

And, yeah, every once in a while, the opportunities to come in below a certain price point, become no longer .. .whether or not $53k to $59k become available or whether sub $53k becomes available is still to be found out, and surely, there are not going to to be too many times that I am going to suggest for anyone to wait, unless they have already bought at sufficiently at the current price point, such as buying in the lower $60ks may well give some luxury to wait to find out whether more is going to be buyable in either the upper $50ks and the lower $50ks..

Now the price of bitcoin had crossed the 60k lane,it allow the market to go low further.Because we had the bull run for the longer period,So being a trader we must understand the new market will move to 59k-53k dollars as you said.After the mark of 70k dollars,the demand of bitcoin was reduced.The old holding people started to sell their long holding bitcoin,this was the reason for the price decline for now.When the demand was reduced and the selling ratio was gradually increased means,it automatically leads to the bear market.The reason is very simple,the new selling order was placed on the continuous way.

And don't call me a hypocrite since I still have buy oders going down into the lower $20ks, even though surely, I would be quite surprised to even see below $40k, and I think that I was close to be willing to have bet on that previously, so maybe we will see dragonvslinux re-entering the WO space.

The price of the bitcoin was struggled to reach 30k dollars last year and was in the range of 20-28k dollars for longer period.Once the market was reached the 30k mark and gradually reach the 40k dollar in the 2024 halves,the price of the bitcoin increased tremendously and reach the highest capital of 70k dollars.Many expected 80-90k mark in the May month,but the reverse path was going on.This is just the stabling of the market,but some traders get fear and reduce the price further by doing the sell order and try to cash out their bitcoin to usd.This panic selling was the biggest blunder by the new cryptocurrency traders.The bitcoin is just going to stable at 53k-55k before the next bull run to the 80k target.

[philipma1957]

got me some 59876 priced corn 🌽

set up 🆙 a new ladder down.

57654 next.

[El duderino_]

Thx buddy

Few weeks/months back I would have been happy with that recap

[El duderino_]

Dip is getting serious out there

[shahzadafzal]

Poll is busted
19 vs 43

Team 19 wins.

Next one please