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

[gallianooo]

Look like we should have to see more pain in the market before UP.

[El duderino_]

Look like we should have to see more pain in the market before UP.

Where is pain between 60-70??

When btc was 20k

Was there pain at 17500?

[gallianooo]

Look like we should have to see more pain in the market before UP.

Where is pain between 60-70??

When btc was 20k

Was there pain at 17500?

I mean more 'psychologic' pain for weak / newbies... more and long sideways, and probably REKT more with some more big (and quick) red dildo...

I know it's not the feed for that, but when you are looking the Alts market, LoL 

[vapourminer]

ok so are there actually people worrying about bear markets.  here. they worrying here in the WO!!!



has another large hadron collider event shifted universes again? am i in the Bear Observer thread??



muuuussttt esssscaaaaaaaaaapppppppeeeeee

[Holds3bitcoin]

Look like we should have to see more pain in the market before UP.

I buy the top it dumps, I sell the bottom it pumps (straight downtrend) ?

[JimboToronto]

What about the holder

From 2013-2021 ish

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

Look like we should have to see more pain in the market before UP.

I buy the top it dumps, I sell the bottom it pumps (straight downtrend) ?

Is that you Proudhon?

[Hueristic]

Look like we should have to see more pain in the market before UP.

Where is pain between 60-70??

When btc was 20k

Was there pain at 17500?

Dropped to what 4k was it?

And the sideways pain was the Vegeta Crisis!

[psycodad]

Within the next ~10 days I need to sell a tiny bit to cover mortgage, insurances and whatnot, it will start to go up shortly after that.
You can then thank me later.

#HODL
#takeonefortheteam

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[shahzadafzal]

It’s a bear trap.

[Biodom]

Meaningless stats:

If you look at the graphs, both NVDA and btc appreciated almost to the exact same extent from about June of 2015 (9 years): ~270X, give or take.
I wonder how many people held btc "intact" for those years, how many held NVDA and how many held both (those must be VERY rare "birds").
Respect.

NVDA achieved the highest market cap today on US stock market.
I recall the same happening to CSCO in 2000 when it overcame GE and MSFT.
CSCO "peaking" was not sustainable as once the Internet build-out was largely completed, less growth occurred.
IMHO, same fate for NVDA, eventually.

EDIT: You didn't need to hold both, though  

[Gachapin]

cmon rip it off already and let's go to 60k so we can start the real fun.

However the sideways market might easily go on until fall or winter

[OgNasty]

cmon rip it off already and let's go to 60k so we can start the real fun.

However the sideways market might easily go on until fall or winter

I agree about the sideways market. It felt like everyone was new here talking about how the price would rip right after the halving. Not only does it take a year + to hit the high, but this time we also have the mtgox funds to unwind and Wall Street shorting. The market will go up again when mtgox funds are distributed and Blackrock decides they have gotten as many coins from the weak hands as possible. I’m guessing October.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

cmon rip it off already and let's go to 60k so we can start the real fun.

However the sideways market might easily go on until fall or winter

I agree about the sideways market. It felt like everyone was new here talking about how the price would rip right after the halving. Not only does it take a year + to hit the high, but this time we also have the mtgox funds to unwind and Wall Street shorting. The market will go up again when mtgox funds are distributed and Blackrock decides they have gotten as many coins from the weak hands as possible. I’m guessing October.

Buy ladder hit at 64.1k  so I wiped out my 64 k ladder I have a 63k ladder in place.

Hope to do some more buys as we head sideways.

[gallianooo]

cmon rip it off already and let's go to 60k so we can start the real fun.

However the sideways market might easily go on until fall or winter

I agree about the sideways market. It felt like everyone was new here talking about how the price would rip right after the halving. Not only does it take a year + to hit the high, but this time we also have the mtgox funds to unwind and Wall Street shorting. The market will go up again when mtgox funds are distributed and Blackrock decides they have gotten as many coins from the weak hands as possible. I’m guessing October.

Personally I have doubt about side way until fall or winter..

I can imagine a 'nice' narrative with US election, especially if TRUMP come back, with the usual FOMO.

In that situation, i can potentially imagine the top of the cycle why not few months in advance, like with the timeframe of 2/3 months with the election, so like November 2024 - February 2025.

They will make 'everything is fine' till the election. IF we really get the recession in Q1/Q2 2025, i cannot imagine everything traditionnal / stock market collapsing  and Bitcoin and the industry FOMO. No sense and very low chance that way.

We currently have everything in a  'green light' for BTC. If we cannot go higher with all of that till that time (halving / spot ETFs mostly / white house talking about btc & crypto for the election...) then I have some doubt where we can get MORE good news and fomo than this.. But time will tell anyway.