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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

got some discounted corn today.

next buy level is set at 55555.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Torque]

OT:

Oh gee lookie, another simmering Summer of Love in the U.S. just in time for a highly contentious election year.

What. A. Complete. Shocker.  /s  

When are people going to stop getting played? Oh yeah, that's right, never.  

[El duderino_]

got some discounted corn today.

next buy level is set at 55555.

Me waiting for the undiscounted

[Richy_T]

Not a biggie, yet, of course, but it is enticing to think about why this is happening.
I don't buy into P. Brandt 25% probability that bitcoin has already exhausted it's bull phase as it would be quite pathetic of a bull, but it seems that some macro factors are playing into this: maybe persistent inflation and hence no easing or maybe stagflation (albeit it is ridiculous to expect stagflation when we just started the AI era). I am reading that % of people not paying their bills is increasing in parallel with the credit card debt (1.2 tril in US). maybe the large %% of the population is simply broke (even with almost full employment)

It's not that unexpected. The halving generated interest and raises prices, putting more coins on the market and dampening the effect of the supply shock. The lowered availability of coins has its effect eventually though.

With that said, current financial conditions are a concern and it would be foolish to think they were having no effect.

[MERlT]

Pain...

The former boss of the world's largest cryptocurrency exchange has been jailed for four months for allowing money laundering... maybe related to dip?

 

[lightfoot]

OT:

This is WO. Everything seems to be on topic :-)

Oh gee lookie, another simmering Summer of Love in the U.S. just in time for a highly contentious election year.

*yawn* All part of the plan, no biggie. You can set your watch by this stuff.

When are people going to stop getting played? Oh yeah, that's right, never.  

It's why the world is so stable. Just like predicting that bitcoin falls on April 14th when everyone cashes out for taxes. Like clockwork.

My concern is not what the rabble are doing, the question is what are the keys doing?

And at this point man, I'd hate to be a key.

[Paashaas]

It will tank to ~$50k ore even $40k support depens how many rockets Israël fires.

Market is uber bearish.

ETF's are done buying and Hong Kong pumping Bitcoin was fake.

Barry Shillbert still selling.

Retail is broke.

No demand.

Perhaps this halving will be a total flop.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

It will tank to ~$50k ore even $40k support depens how many rockets Israël fires.

Market is uber bearish.

....

[Gachapin]

got some discounted corn today.

next buy level is set at 55555.

I have my doubts that it will go any lower than that, but who knows...   The King giveth and the King taketh



quite a lot of flavor enhancers, but who am I to complain




this one is probably better, but I've never seen it in a store

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

It will tank to ~$50k ore even $40k support depens how many rockets Israël fires.

Market is uber bearish.

ETF's are done buying and Hong Kong pumping Bitcoin was fake.

Barry Shillbert still selling.

Retail is broke.

No demand.

Perhaps this halving will be a total flop.

The “it will” isn’t correct imo every few weeks I have seen such a dip not the unusual.

ETF’s being done also flawed just can’t know…

Barry selling = correct

Retail broke many yes on the other hand a lot of them getting interested and
User counts keep increasing

Always demand…. Every coin sold got a new buyer.

As always trader getting smashed around
Hodler unaffected
Perfectly balanced as all things should be.

[vapourminer]

got some discounted corn today.

next buy level is set at 55555.

I have my doubts that it will go any lower than that, but who knows...   The King giveth and the King taketh

quite a lot of flavor enhancers, but who am I to complain




this one is probably better, but I've never seen it in a store

big tech big ramen got us

[Phil_S]

Someone left BTC on pause.
Whoever has the remote, can you press play again, or fast forward if it comes to it?

Thanks!

Wrong button! Wrong button!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

got some discounted corn today.

next buy level is set at 55555.

I have my doubts that it will go any lower than that, but who knows...   The King giveth and the King taketh

quite a lot of flavor enhancers, but who am I to complain




this one is probably better, but I've never seen it in a store

big tech big ramen got us

totally OT

I heard the Japanese started the whole instant ramen thing because they had to make use of the relief aid flour provided en mass by the US, after WW2...   culturally they weren't so used to flour consumption, like bread or else, but instant noodles solved it

[JimboToronto]

Good morning Bitcoinland.

Nice to see Chartbuddy back. Thanks Richy.

The predictable post-halving dip is right on schedule. Glad I bought my tax-time dollars when a bitcoin could still get 64k of them.

Hopefully by the time I need to buy some more in early June dollars will be cheap again. This dip shouldn't last too long.

Go Bitcoin go.

Edit: I just noticed I passed 4k activity.

4k merit is easy... just make decent posts. 4K activity takes time and regular posting.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com