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

[JimboToronto]

Coin Market Cap still has 24h high at $69,987.54, so 70K hasn't been breached according to them, just yet.

Coin Market Cap? You mean that altcoin site?

It reached $70016 at Stamp.

Of course it dropped by over a grand after that.

[Ambatman]

Why bitcoin going down..

up bitcoin up... we are very near by 70K

Bitcoin is teasing the Bear.

[OutOfMemory]

That $70k wall is like a real bitch, isn't it?

March-May-July. Three times. But those really intimidating sellwalls were set a few k's above.
They will be going to take a lot of energy and multiple attempts to go down. That's when the real fun starts and we'll likely revisit $70k from about $75k to $80k multiple times.
I hope $80k is breached by the end of Q3, but that smells a lot like hopium to me right now.

[nutildah]

Reaching toward the heavens, the green rock dildo - which had abruptly thrust from the earth with geologically-inexplicable might - was so powerfully illuminated that it cast a blinding glare, causing the homos underneath to momentarily shield their eyes, before relenting to the pleasure of basking in the aura of its monumental glory.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[d_eddie]

Bitcoin is teasing the Bear  's back orifice before uh hmmm entering it. Just wait. Get popcorn in the meantime.

FTFY

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

It was nice today. I pumped up the volume @ work. Nobody understood why...

In the car on my way back it was pretty quiet though...

[fillippone]

Us Govenrment fud one again:
US Gov moves roughly 30k BTC ($2Bln more or less) worth of Bitcoins and you immediately paperhand?




They want to dump before it’s too late? Is this a Kankas City Berlin move?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Torque]

Has the post- Trump dump begun? 

[Ambatman]

Has the post- Trump dump begun? 

A correction is inevitable with the rise we experienced this past week.
Crossing $70K isn't out of the table this week.

If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
http://bitcointalk.org/index.php?topic=423.msg3819#msg3819

Today makes it exactly 14 years Satoshi made this statement.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Always some paper hand bastard eh?

Just means more time to get cheap corn 🌽.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LFC_Bitcoin]

US Government paper handing then. Seems like an F U to Trump after he spoke positively about Bitcoin and hinted at a US Strategic Reserve, promising not to sell any of the coins they currently possess.

We’re ticking off these FUD weapons though aren’t we. Germany done, Mt Gox on the way to being done and now US Government selling. Price is holding relatively strong at $67,457. I think 3 x from here by the end of 2025 seems very possible. FUD is running out, not much to stop us soon.

[OgNasty]

Always some paper hand bastard eh?

Just means more time to get cheap corn 🌽.

“Mr 100” took some profits on the news. Can’t be too mad at him. He was stacking hard the entire dip to $53K. It was probably needed anyway. People at the Bitcoin conference were speaking so bullish, there no doubt was some leverage in the market that needed to be dealt with. Hopefully Trump can keep the US gov from dumping their stash Germany style, but even if he can’t, the amount of BTC hanging over the market is being worked through and we’re still roughly a year away from the 4-year cycle peak.

[serveria.com]

US Government paper handing then. Seems like an F U to Trump after he spoke positively about Bitcoin and hinted at a US Strategic Reserve, promising not to sell any of the coins they currently possess.

We’re ticking off these FUD weapons though aren’t we. Germany done, Mt Gox on the way to being done and now US Government selling. Price is holding relatively strong at $67,457. I think 3 x from here by the end of 2025 seems very possible. FUD is running out, not much to stop us soon.

Agreed, the pump is going to be MASSIVE, but late and most probably brief (skyrocket straight into the 140-210k area) . By q4/end of 2024 we could possibly reach about 100k (and finally have a party). Early 2025, governments/banks/Wall street etc are going to keep holding us down for as long as possible, until Autumn/Winter 2025 when BTC will finally burst up and we'll have days, possibly weeks to cash out (if we want/need to).       

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

Post-dump price edging.
Weak Goxers pseudo-hedging.
Rusty pipe wedging.

#blurpyrhyminghaiku