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

[goldkingcoiner]

current status of corn:



Hong Kong ETF's were a total flop. Womp Womp. But that was obvious, since China won't buy. Now, if China decides to unban Bitcoin... That is a different story.

[Biodom]

current status of corn:



Hong Kong ETF's were a total flop. Womp Womp. But that was obvious, since China won't buy. Now, if China decides to unban Bitcoin... That is a different story.

...it's no use crying for 'spilled' corn?
 

[Biodom]

In other news:

R. Ver (the "middle finger" btc fork guy) arrested:
https://bitcoinist.com/bitcoin-jesus-roger-ver-arrest-accused-tax-scandal/

CZ gets "only" 4 months. Somehow, I think that this low sentence correlates with Elon getting a good deal in China, lol. Prosecution was asking for 36 mo.
https://www.reuters.com/legal/binances-ceo-zhao-faces-sentencing-over-money-laundering-violations-2024-04-30/

[OgNasty]

In other news:

R. Ver (the "middle finger" btc fork guy) arrested:
https://bitcoinist.com/bitcoin-jesus-roger-ver-arrest-accused-tax-scandal/

CZ gets "only" 4 months. Somehow, I think that this low sentence correlates with Elon getting a good deal in China, lol. Prosecution was asking for 36 mo.
https://www.reuters.com/legal/binances-ceo-zhao-faces-sentencing-over-money-laundering-violations-2024-04-30/

The government seems to be at war against crypto at the moment. With Roger being arrested I think that opens up the door for the arrest of individuals and the confiscation of their coins. I wonder how much longer this war will continue escalating. It may end up being a scary thing owning Bitcoin. I’m not even sure what CZ did to get 4 months. I guess he’s lucky to be able to get this behind him somewhat quickly.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

In other news:

R. Ver (the "middle finger" btc fork guy) arrested:
https://bitcoinist.com/bitcoin-jesus-roger-ver-arrest-accused-tax-scandal/

CZ gets "only" 4 months. Somehow, I think that this low sentence correlates with Elon getting a good deal in China, lol. Prosecution was asking for 36 mo.
https://www.reuters.com/legal/binances-ceo-zhao-faces-sentencing-over-money-laundering-violations-2024-04-30/

The government seems to be at war against crypto at the moment. With Roger being arrested I think that opens up the door for the arrest of individuals and the confiscation of their coins. I wonder how much longer this war will continue escalating. It may end up being a scary thing owning Bitcoin. I’m not even sure what CZ did to get 4 months. I guess he’s lucky to be able to get this behind him somewhat quickly.

well if its only 4 months an he survives it the deal is not that bad

[Biodom]

In other news:

R. Ver (the "middle finger" btc fork guy) arrested:
https://bitcoinist.com/bitcoin-jesus-roger-ver-arrest-accused-tax-scandal/

CZ gets "only" 4 months. Somehow, I think that this low sentence correlates with Elon getting a good deal in China, lol. Prosecution was asking for 36 mo.
https://www.reuters.com/legal/binances-ceo-zhao-faces-sentencing-over-money-laundering-violations-2024-04-30/

The government seems to be at war against crypto at the moment. With Roger being arrested I think that opens up the door for the arrest of individuals and the confiscation of their coins. I wonder how much longer this war will continue escalating. It may end up being a scary thing owning Bitcoin. I’m not even sure what CZ did to get 4 months. I guess he’s lucky to be able to get this behind him somewhat quickly.

Don't be too dramatic, imho.
He is an expat (renounced US citizenship).
Being an expat means that you suppose to pay tax on exit (as if you sold ALL of your assets).
They allege that he did not do that, that's all...for now.

[vapourminer]

We're going back to $58k for several months... aren't we...

forever bob

[Richy_T]

Thx buddy

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

Yup would have been fun when were sailing smooth although we still in high seas.

Anyway also why starting at 19:00? Any specific reason or just random selection?

I worked out the bug, threw out the last 24h then allowed it to work as normal. I though about doing the whole missing range but that was 5 days.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

I think (/hope) worst case we test the 21EMA weekly, which is around 56k now.  In bull markets that has always been the support.

[AlcoHoDL]

We're going back to $58k for several months... aren't we...

1410 Days : 17 Hours : 01 Mins.

Then we moon.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Explanation
Chartbuddy thanks talkimg.com

buddy be pushing downwards close to 60000

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Ambatman]

First monthly candle in red for the past 6 months doesn't necessarily mean bearish
Let's see how today's report goes
I believe the dip would be partly related to this.
I believe Bitcoin might fill last month high around late morning or in the evening before moving up.
If it doesn't I get the opportunity to buy lower than $58K
The good news to me is that Bitcoin current monthly candle didn't immediately start rising without filling the last month high
The fall is better than seeing it move up leaving that Gap.


Welcome back Buddy
The thread felt different without him.

[xhomerx10]

Compared to the Leafs, Bitcoin is looking fine to me tonight.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

Okay Bitcoin, the Leafs managed to pull off a win; your turn!

[philipma1957]

Explanation
Chartbuddy thanks talkimg.com

buddy comes back and slides 🛝 us lower.