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

[d_eddie]

The EU decided to lower the interest rates,

You made me think of Christine, and I felt inspired!
There was an old lady in EE-YOU
Who thought she could clean up, renew
She called it progress
Come kiss my big ass!
A load of BS, this I tell you


#limerick
#limerickristine

That old witch always reminds me of a movie where everyone looks a bit like her

I don't think I watched that movie, but agreed hehehe: a pan-Christine universe would be a nightmare

[d_eddie]

Will the real 69 420 please stand up.

Base on the Technical perspective, There's still much liquidity above $72k about a Billion dollars plus liquidity sitting in that price range way up to $73k which is left untouched and secondly, the fact that Bitcoin on Friday succeeded in creating equal highs with the NFP data that was published yesterday still suggests the market has more potential of moving to the up side.

Worst case scenario in the imminent short term, $63k that was left untouched.

To me, the most important question is: are these accumulation dips (created or at least facilitated by money managers) or large distribution dips (which would be bearish)?
In my opinion, it is the former, but we shall see.

It definitely feels like accumulation. In distribution we should move from a peak after significant upward action. These dips happen in a slight UPpity-trending sideways, often on apparently explaining bits of news.

[vapourminer]

Not important but...
Haikus moved to Saturday?
Whatever... have one!



#haiku

like wtf dude
saturday: the new sunday
get with the program

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[STINKYBEE]

If billions of dollars coming into BTC etfs and the price can barely get over the previous ath, why all the fuss about etfs ? BTC was better off without ETFs. If early investors and institutions are waiting for retail to push price up, how is it any better having etfs? It just mean more sell pressure now because institutions buy OTC, so all of the bitcoin they but (which is most of it now) doesn't push price up, only down when they sell.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

If billions of dollars coming into BTC etfs and the price can barely get over the previous ath, why all the fuss about etfs ? BTC was better off without ETFs. If early investors and institutions are waiting for retail to push price up, how is it any better having etfs? It just mean more sell pressure now because institutions buy OTC, so all of the bitcoin they but (which is most of it now) doesn't push price up, only down when they sell.

one might understand
one might not get it at all
one term: supply shock

#sturdyhiku

[Biodom]

If billions of dollars coming into BTC etfs and the price can barely get over the previous ath, why all the fuss about etfs ? BTC was better off without ETFs. If early investors and institutions are waiting for retail to push price up, how is it any better having etfs? It just mean more sell pressure now because institutions buy OTC, so all of the bitcoin they but (which is most of it now) doesn't push price up, only down when they sell.

Not sure what is the point of this complaint. ETFs are here already and not going away. Surely, they would smooth the ride and, perhaps, decrease the pace of appreciation somewhat, although it remains to be seen. The rest of the 2024 should give a clearer picture.

Btw, bitcoin is less volatile that s--tcoins, by a factor or 4-5X.
I'll stay with the leader of the pack aka the corn.

[El duderino_]

OT: Furiosa<Fury Road for me, but still watchable (albeit with a couple of especially gory scenes).
Hemsworth is mostly unrecognizable, apart from his body physique.

That said, they picked up a very skinny actress, who is routinely beating up bulky men in the movie, but I digress.
If someone already opined on this, my apologies: saw it last night and this was my first impression.

I liked the movie…. But the skinny woman beating men must stop

I prefer I one man destroying an army more as when 1 girl beats a guy

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

OT: Furiosa<Fury Road for me, but still watchable (albeit with a couple of especially gory scenes).
Hemsworth is mostly unrecognizable, apart from his body physique.

That said, they picked up a very skinny actress, who is routinely beating up bulky men in the movie, but I digress.
If someone already opined on this, my apologies: saw it last night and this was my first impression.

I liked the movie…. But the skinny woman beating men must stop

I prefer I one man destroying an army more as when 1 girl beats a guy

Yeah, I think this is just another sign of the woke times...

Call me old school, but I'd prefer one man, gentle in his manners, but strong and powerful, destroying an army of villains, and then get the girl. That's the natural way. Having one skinny girl beating an army of men is a perversion of both the male and the female gender.

Having said that, I thoroughly enjoyed Milla Jovovich in Resident Evil. Well, they were zombies, not men...

[El duderino_]

The first resident evil yes

The rest is sh*t

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[fillippone]

Explanation
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Boring Weekend price
Still Miss good old Friday pumps
Chart buddy repeats
#haiku

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[d_eddie]

Now stop here buddy
And give us better numbers
Right now you're boring







#haiku

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[nutildah]

How's it possible
For bitcoin to be so high
Yet I still feel rekt