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

[As-Soon-As]

JUST IN: 🇯🇵 $103 billion Sony to launch #Bitcoin and crypto exchange.



https://x.com/BitcoinMagazine/status/1807720381597241418

Sony Group acquires Amber Japan, officially steps into crypto exchange arena
Sony's new venture follows Amber Group's acquisition of Japanese crypto exchange DeCurret.
Here: https://cryptobriefing.com/sony-crypto-exchange-acquisition/

*) Sony Group has officially entered the crypto exchange market by acquiring Amber Japan.

*) Amber Japan was involved in a speculated debt-to-equity deal following the FTX collapse.

Sony Group, a Japanese conglomerate known for games, music, and cameras, has officially entered the crypto exchange market with the acquisition of Amber Japan, according to crypto reporter Wu Blockchain. Amber Japan, previously known as DeCurret, is the Japanese subsidiary of the global Amber Group, providing regulated digital asset trading services.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BobLawblaw]

Fuggin' Germany again... This is gunna be another crab-week.

[Dump3er]

- The Biden administration has been doing everything within its power to slow down the adoption of Bitcoin. Trump won't stand in its way and after yesterday's debate it is clear Biden will not fulfill another term.

Don't count on that. Trump recently said to make sure that Bitcoin Mining "stays in the US". I wonder how he could accomplish this, but i think the "strategy" willl be another stupid idea, and if the "master plan" proves to be impossible to carry out, he will put up some shit "facts" about Bitcoin and tell us it would be banned.
Biden IS sleepy, but Trump is only a few years younger and losing his focus in speeches and interviews, more and more, at a fast pace.
If you ask me, none of the both should run any country.

One of the biggest problems I see is that Trump is the best friend of the banking industry. He is a guy who built his empire purely based on loans. For as long as banks are telling him to slow down bitcoin or at least not actively support it, he won't. If you look into Trump's vita, there is a ton of connections with banks all over the world. The Deutsche Bank loaned him $2 billion over the course of two decades and they did not dump him when it came out that he inflated his net worth applying overvaluation to his real estate. He is a slave of the banks and his former presidency (and potential future presidency) allowed/will allow him to repay the favor. It's a powerful and entangled mutual relationship. Bitcoin is not on his agenda. Banks are. And should banks say that they loaded their bags and he can now push bitcoin, then he would.

[WatChe]

who else???

O Slovakia what have you done? Kept the match for 90 minutes and then gave away in the last 6 minutes. Disappointing  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LFC_Bitcoin]

Jelle
@CryptoJelleNL
BTC is forming a weekly hidden bullish divergence, right at key support!

The last time this happened, BTC rallied from $25,000 all the way to $70,000.

Needs a green weekly close to confirm.

Take-off soon?

https://x.com/cryptojellenl/status/1807770227960131650



A wise man once said, `My body is ready.’

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[serveria.com]

- The Biden administration has been doing everything within its power to slow down the adoption of Bitcoin. Trump won't stand in its way and after yesterday's debate it is clear Biden will not fulfill another term.

Don't count on that. Trump recently said to make sure that Bitcoin Mining "stays in the US". I wonder how he could accomplish this, but i think the "strategy" willl be another stupid idea, and if the "master plan" proves to be impossible to carry out, he will put up some shit "facts" about Bitcoin and tell us it would be banned.
Biden IS sleepy, but Trump is only a few years younger and losing his focus in speeches and interviews, more and more, at a fast pace.
If you ask me, none of the both should run any country.

One of the biggest problems I see is that Trump is the best friend of the banking industry. He is a guy who built his empire purely based on loans. For as long as banks are telling him to slow down bitcoin or at least not actively support it, he won't. If you look into Trump's vita, there is a ton of connections with banks all over the world. The Deutsche Bank loaned him $2 billion over the course of two decades and they did not dump him when it came out that he inflated his net worth applying overvaluation to his real estate. He is a slave of the banks and his former presidency (and potential future presidency) allowed/will allow him to repay the favor. It's a powerful and entangled mutual relationship. Bitcoin is not on his agenda. Banks are. And should banks say that they loaded their bags and he can now push bitcoin, then he would.

Bitcoin loans anyone? 

[Gachapin]

US and Germany sending their coins to the exchanges at the same time... dunno if I should believe in a coincidence

It rather makes sense to me that "someone" wants to stop the rocked lift-off before the gox coins getting released, so the dump will be deeper and scarier... just a feelin soma

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

Charts are looking slightly on the UPpity side, but I hear about US/Germany preparing to sell...

Been there, done that. Another small delay (and more bad actors removed) before the real UPpity commences.

Stay strong, be patient (LOL)!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cygan]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[STT]

lol love the conveyor belt    Does the height of the price wall either side on Buddy Chart relate to positivity then.

   Price is acting a bit more positive now, challenging prices of 20th June and prior would be more convincing of that.  If we remain above 63k then any consistent build should result in a return to the higher range BTC prices.

Further out I think we are on the treadmill till the Autumn, just rehashing prices but that's a positive when its mostly about solidifying the 2024 gains.   I was worrying about prospects of a double top on weekly bars but that's more a shadow cast then an actual event just yet.

[Biodom]

Remember "Space balls"..."news: notorious 'Pizza' ate himself"
...and back to our Universe:
https://www.yahoo.com/finance/news/roaring-kitty-sued-over-alleged-142121005.html

I thought that he is the "man of the people" and "just liked that stock"... /s
Next move-he will be buying some memes  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

- The Biden administration has been doing everything within its power to slow down the adoption of Bitcoin. Trump won't stand in its way and after yesterday's debate it is clear Biden will not fulfill another term.

Don't count on that. Trump recently said to make sure that Bitcoin Mining "stays in the US". I wonder how he could accomplish this, but i think the "strategy" willl be another stupid idea, and if the "master plan" proves to be impossible to carry out, he will put up some shit "facts" about Bitcoin and tell us it would be banned.
Biden IS sleepy, but Trump is only a few years younger and losing his focus in speeches and interviews, more and more, at a fast pace.
If you ask me, none of the both should run any country.

One of the biggest problems I see is that Trump is the best friend of the banking industry. He is a guy who built his empire purely based on loans. For as long as banks are telling him to slow down bitcoin or at least not actively support it, he won't. If you look into Trump's vita, there is a ton of connections with banks all over the world. The Deutsche Bank loaned him $2 billion over the course of two decades and they did not dump him when it came out that he inflated his net worth applying overvaluation to his real estate. He is a slave of the banks and his former presidency (and potential future presidency) allowed/will allow him to repay the favor. It's a powerful and entangled mutual relationship. Bitcoin is not on his agenda. Banks are. And should banks say that they loaded their bags and he can now push bitcoin, then he would.

   "built his empire purely based on loans"
 Imagine a guy making money using the free flow of capital!  Disgusting!  This is how western economies operate; all new money is created as debt - how does that make one best friends/slaves of the bank?  I guess I must be best friends of the bank too!  I built my "empire" on loans as I imagine most of us have.  I'm also guilty of inflating my income/net worth by showing the bank previous income tax filings that I knew had little to no bearing on what I would make in the future - guess what?  They didn't care - loan approved.

 Let's see, based on political donations, who are really in the pocket of the banks:

 

 Oh... all of them!  Would you look at that, even banks have political leanings.

 As we have seen, Biden already used his executive power to kill a bi-partisan joint resolution that would have slapped down the SEC's unfair requirements under SAB 121 and that motion only passed because 9 Democrats voted with the Republicans and against Biden on it.  On top of that, Biden wants to see a 30% tax on electricity used to mine bitcoin.  Conservatives don't favour increased legislation - Trump is your best bet regardless of what you think he might try to do based on what you may or may not actually know about his past.   Don't forget Trump has 3 chldren through Ivana, a daughter with Marla Maples and a son through Melania which means he probably fucked all of them... OMG Trump is gonna fuck all of us too!!  You're right.  Dammit!  How could I have been so blind?