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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26400517 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
lightfoot
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May 10, 2024, 05:57:30 PM

Apparently so. Or some other shoe is going to drop any minute now.
Paashaas
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May 10, 2024, 05:59:51 PM

In a technical point of view this is still a bear market.

Even the halving could not turn the market bullish.

I'm not even bullish right now perhaps around autumn.

3 years bear 1 year bullish.
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May 10, 2024, 06:01:16 PM


Explanation
Chartbuddy thanks talkimg.com
bitcoinPsycho
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$120000 in 2024 Confirmed


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May 10, 2024, 06:06:08 PM
Merited by El duderino_ (10), philipma1957 (2), JimboToronto (1), Greyhats (1)

In a technical point of view this is still a bear market.

Even the halving could not turn the market bullish.

I'm not even bullish right now perhaps around autumn.

3 years bear 1 year bullish.


I'm bullish as fuck
xhomerx10
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May 10, 2024, 06:22:20 PM
Merited by JayJuanGee (1)

https://crypto.ro/en/news/18k-bitcoin-options-and-280k-ethereum-options-expire-today/

 "Key Points

    Greeks.live reveals that 18k Bitcoin options and 280k Ethereum options expire today.
    Bitcoin is trading around the $63k mark.

The latest reports coming from Greeks.live reveal that 18,000 Bitcoin options are about to expire today, with a Put Call Ratio of 0.64, a Maxpain point of $62,000, and a notional value of $1.2 billion."


edit: this ~60k feels more painful than $62k for me at least.
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May 10, 2024, 06:25:11 PM
Merited by JayJuanGee (1)

In a technical point of view this is still a bear market.

Even the halving could not turn the market bullish.

I'm not even bullish right now perhaps around autumn.

3 years bear 1 year bullish.


But but 1 month ago or little more you where Uber bullish….
El duderino_
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May 10, 2024, 06:25:43 PM
Merited by fillippone (3), philipma1957 (1), JimboToronto (1), bitcoinPsycho (1)

In a technical point of view this is still a bear market.

Even the halving could not turn the market bullish.

I'm not even bullish right now perhaps around autumn.

3 years bear 1 year bullish.


I'm bullish as fuck

Me too brother
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May 10, 2024, 06:55:13 PM
Merited by JayJuanGee (1), bitcoinPsycho (1), Greyhats (1)

In a technical point of view this is still a bear market.

Even the halving could not turn the market bullish.

I'm not even bullish right now perhaps around autumn.

3 years bear 1 year bullish.


I'm bullish as fuck

Me too brother

Bullish since block 305416
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May 10, 2024, 06:55:19 PM
Merited by JayJuanGee (1), bitcoinPsycho (1)

In a technical point of view this is still a bear market.

Even the halving could not turn the market bullish.

I'm not even bullish right now perhaps around autumn.

3 years bear 1 year bullish.


I'm bullish as fuck

Me too brother

Me 3, ultimately we are at 1.7 x the 200 WMA(34,167) with current price of 60,542. Its going to take it dropping 10% below the 200 WMA for to if consider am i feeling bearish to be fair. Shit I might be a perma bull  Grin
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May 10, 2024, 07:01:14 PM


Explanation
Chartbuddy thanks talkimg.com
Bulltard
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May 10, 2024, 07:11:12 PM
Merited by JayJuanGee (1)

In a technical point of view this is still a bear market.

Even the halving could not turn the market bullish.

I'm not even bullish right now perhaps around autumn.

3 years bear 1 year bullish.


historically halving events have never turned the market bullish in a day. that's not how it works.
it usually takes a few months to see its effects.
anyway, right now, market depends mostly on one thing, the etfs. as long as grayscale is selling, we're fucked and they still have a little less than 300k btc to sell so... nothing else to do but wait.
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May 10, 2024, 07:35:25 PM
Merited by JayJuanGee (1)


3 years bear 1 year bullish.

I think it's the other way around.

Quote
But but 1 month ago or little more you where Uber bullish….
I believe he's saying this not to get dissapointed but rather surprised once it shoots up.
I do it sometimes.
Lower expectations to increase surprise(positive)

Quote
The latest reports coming from Greeks.live reveal that 18,000 Bitcoin options are about to expire today, with a Put Call Ratio of 0.64, a Maxpain point of $62,000, and a notional value of $1.2 billion."
Here I was thinking the fall was as a result of Israel playing bomber man.
 
Going off track to neglect the market situation

Did you know that Ice blocks were invented by an 11 year old by accident?
Or that Dogs can't fly?okay neglect this. Felt like adding it


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May 10, 2024, 08:01:09 PM
Merited by fillippone (3), xhomerx10 (1)

@BitcoinMagazine
BREAKING: 🇺🇸 America's largest bank JPMorgan Chase discloses spot #Bitcoin  ETF holdings in new SEC filing.




https://x.com/bitcoinmagazine/status/1789020004131737624



Probably nothing, anon.

Just ignore it and continue selling cheap to institutions. It seems like such a great idea to sell right now.

Jamie Dimon, LOLLLLL.

Watch what they do, not what they say.
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May 10, 2024, 08:01:14 PM


Explanation
Chartbuddy thanks talkimg.com
El duderino_
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May 10, 2024, 08:29:34 PM

In a technical point of view this is still a bear market.

Even the halving could not turn the market bullish.

I'm not even bullish right now perhaps around autumn.

3 years bear 1 year bullish.


I'm bullish as fuck

Me too brother

Bullish since block 305416

Bullish since personal entry point

Not knowing which block it was.
criptoevangelista
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May 10, 2024, 08:30:13 PM
Merited by JayJuanGee (1)

In a technical point of view this is still a bear market.

Even the halving could not turn the market bullish.

I'm not even bullish right now perhaps around autumn.

3 years bear 1 year bullish.


It can be considered bear until October 2023.... the game changed when we broke the 32k resistance....
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May 10, 2024, 08:33:05 PM
Merited by LFC_Bitcoin (3), vapourminer (1)


Probably nothing, anon.

Just ignore it and continue selling cheap to institutions. It seems like such a great idea to sell right now.

Jamie Dimon, LOLLLLL.

Watch what they do, not what they say.

They are market makers for many ETF issuers, so it is expected for them having some share inventories.
Those numbers are actually quite small, so weird.
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May 10, 2024, 09:01:16 PM


Explanation
Chartbuddy thanks talkimg.com
Agbe
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May 10, 2024, 09:15:49 PM

In a technical point of view this is still a bear market.

Even the halving could not turn the market bullish.

I'm not even bullish right now perhaps around autumn.

3 years bear 1 year bullish.


It can be considered bear until October 2023.... the game changed when we broke the 32k resistance....
Many people are not in bull market base on the time and period they started their investment. If they invest at the time of $65k $68k and was planning to sell it when bitcoin hit $78k or $80k and when bitcoin climbed to $73k they didn't sell because that is not their target price to sell and now that the price is coming down again they are on the bear market so they have to wait again. And that is the long term investment we are talking about.
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May 10, 2024, 09:59:51 PM
Last edit: May 10, 2024, 10:14:41 PM by xhomerx10

It begins!

 Switzerland reporting in:
Taken by fabio scherrer on May 10, 2024 @ Switzerland, Kronberg, 47° N latitude



 edit: also from Bihać - Bosnia and Herzegovina



 edit2: and Southern Germany
Taken by Sven Melchert on May 10, 2024 @ Stuttgart, Germany


 
 edit:3 okay last one but this is from 44°N LAT
Taken by Luca Pescatori on May 10, 2024 @ La Spezia, Italy

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