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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LFC_Bitcoin]

@thescalpingpro
BTC just closed another monthly candle above support

The price broke out above the last monthly resistance back in March and has now turned the level into support.

For the past few months, price has been going sideways above the previous ATH

In an uptrend, it's normal for the price to move sideways before a big move.

Last year, from March to September, the price stayed flat for 7 months before it broke out and surged by 178%.

So, even though it might seem boring, this kind of sideways movement usually comes before a massive move.

If we see a similar 178% surge on the current range breakout, we are looking at $188,000 👀

https://x.com/thescalpingpro/status/1796806917286928633


The calm before the storm.

It’s coming, patience required.

Nearly time for full send.

[OutOfMemory]

JUST IN: 🇺🇸 Eight US Congressmen and one Senator urge President Biden to not veto bill that would allow highly regulated financial firms to custody #Bitcoin    and crypto.
Here

Why are all those signatures on this "document" in different graphical resolutions?
i'm not saying it's a fake, but it's likely a fake  
#checkyoursources

You may be right. Or they never signed an actual paper, but stayed in electronic form (save the planet, etc.) by using image files as signatures (of varying resolutions, depending on how tech-savvy each one is).

Actually this is quite a poor montage:

1. These are two separate files, the text (top) is a PNG, while the "signature" part is a JPG file.
2. Look at the signatures closely. Lummis' (EDIT: and Flood's) Signature is(are) layered in front of the black horizontal line, while the other signatures are being behind.
3. As said before, resolutions are wildly random. (EDIT: I suggest there are at least some standards for digital "signatures"*)

Also, there is no official number, no date or anything referenceable on this "letter", facts that were also questioned in the original tweet.

#whatdoiknow?  

*because real digital signatures are a different thing anyway.

EDIT2: Biden already vetoed that bill. https://x.com/BitcoinMagazine/status/1796676018284953832
BUT... The text in the reply in the name of Joe is in a different color than the original bill.
I can't believe official documents of the USA are so poorly standardized, that's all.
Oh yeah, and twitter is emerging more and more into a fake-news portal.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

Patience is your friend
#Bitcoin.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

Just been reading

ETF inflows 13 consecutive days of inflows
Max amounts taken of kraken….

Price will follow

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

JUST IN: 🇺🇸 Eight US Congressmen and one Senator urge President Biden to not veto bill that would allow highly regulated financial firms to custody #Bitcoin    and crypto.
Here

Why are all those signatures on this "document" in different graphical resolutions?
i'm not saying it's a fake, but it's likely a fake 
#checkyoursources

You may be right. Or they never signed an actual paper, but stayed in electronic form (save the planet, etc.) by using image files as signatures (of varying resolutions, depending on how tech-savvy each one is).

 Who uses a pen anymore?
   I started a course last month, decided to take notes and do my homework old-school with pen and paper - my notes were a mix of chicken scratch and calligraphy.  I always thought writing was like riding a bike... or maybe it is and I should get the old bicycle out and see if I can still pop a wheelie and jump it over curbs.  If you don't hear from me for a couple of days, you'll know why.
 

[Paashaas]

X.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[DaRude]

Just been reading

ETF inflows 13 consecutive days of inflows
Max amounts taken of kraken….

Price will follow

Including Friday that's 14 consecutive days of inflows. Not just net inflows but net flows that absorb 5x the emission!
Emission since May 13 (14*450=BTC6.300), US ETF net inflows BTC~32k

[AlcoHoDL]

15-min chart looks eerily calm...

Bitstamp flatlining...
ETFs non-stop buying...
Calm before pumping?

#wishfulhaiku

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LFC_Bitcoin]

Including Friday that's 14 consecutive days of inflows. Not just net inflows but net flows that absorb 5x the emission!
Emission since May 13 (14*450=BTC6.300), US ETF net inflows BTC~32k

Something has got to give soon surely.

It doesn’t make any sense that we’re not going up unless big players are relentlessly shorting. The lessened supply is getting eaten up, if we don’t pump soon I’m going to start being suspicious.

[d_eddie]

It doesn’t make any sense that we’re not going up unless big players are relentlessly shorting.

Squeeze price is rising
Short your mom if you want short
You will pay dearly




#haiku

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

Including Friday that's 14 consecutive days of inflows. Not just net inflows but net flows that absorb 5x the emission!
Emission since May 13 (14*450=BTC6.300), US ETF net inflows BTC~32k

Something has got to give soon surely.

It doesn’t make any sense that we’re not going up unless big players are relentlessly shorting. The lessened supply is getting eaten up, if we don’t pump soon I’m going to start being suspicious.

already suspicious