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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Ambatman]

Whenever there are some news like this on all over social media networks, the price sinks dramatically

We don't do that here.
We don't know sink just corrections.


Expecting a Good Week.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

drunk driving again
in the autonomous car;
the future is here

# Sunday haiku

A car goes alone
A man is drinking inside
Who's doing the really driving?

#haiku

FTFY.

[Biodom]

drunk driving again
in the autonomous car;
the future is here

# Sunday haiku

A car goes alone
A man is drinking inside
Who's doing the really driving?

#haiku

FTFY.

A police officer conundrum 

[Biodom]

Next 18 mo trading setups (possibilities as I see them):

1. Everything goes as expected with a peak in late 2025 at 150-250K (pick up your favorite number, which is 216K for me).

2. An exponential rise between September and Nov-Dec 2024 (to 130-140K), followed by a valley in the following 4-6mo (back to 65K due to economy being in poorer shape...they will decrease rates to 3-4% for a reason, right?), then an attempt at all time high again in Nov (Dec) 2025. Maybe only a meager ATH of +10% to Nov/Dec 2024 ensues.

3. Not much appreciation until the election, then either a rapid rise or a much meager rise (depending on who wins, I guess) into 2025.

IMHO, most are expecting scenarios #1 or #3, but I think that something similar to #2 is more likely.

[uneng]

Do you remember when Bitcoin dumped last time to 54,000$ in the beginning of August? The justification was an attack from Israel against Hamas, which ended killing two of their leaders.

Today another confrontation between Israel and Hezbollah emerged, but Bitcoin is doing well above 64,000$. Following that logic, shouldn't Bitcoin be already crashing at this moment? Or do such events only have an impact when it's convenient for news portals and specialists to give any excuses to explain a potential Bitcoin dump on short run?

It's just an example of how news regard Bitcoin's price are fail in directing the public towards the truth.

[Ambatman]

Do you remember when Bitcoin dumped last time to 54,000$ in the beginning of August? The justification was an attack from Israel against Hamas, which ended killing two of their leaders.

Today another confrontation between Israel and Hezbollah emerged, but Bitcoin is doing well above 64,000$. Following that logic, shouldn't Bitcoin be already crashing at this moment? Or do such events only have an impact when it's convenient for news portals and specialists to give any excuses to explain a potential Bitcoin dump on short run?

It's just an example of how news regard Bitcoin's price are fail in directing the public towards the truth.

FUD makes it possible to buy the cornz cheaper.
The news couldn't beat the one of Powell that they are cutting rates in the eyes of investors. 

[ivomm]

Next 18 mo trading setups (possibilities as I see them):

1. Everything goes as expected with a peak in late 2025 at 150-250K (pick up your favorite number, which is 216K for me).

2. An exponential rise between September and Nov-Dec 2024 (to 130-140K), followed by a valley in the following 4-6mo (back to 65K due to economy being in poorer shape...they will decrease rates to 3-4% for a reason, right?), then an attempt at all time high again in Nov (Dec) 2025. Maybe only a meager ATH of +10% to Nov/Dec 2024 ensues.

3. Not much appreciation until the election, then either a rapid rise or a much meager rise (depending on who wins, I guess) into 2025.

IMHO, most are expecting scenarios #1 or #3, but I think that something similar to #2 is more likely.

[Biodom]

Do you remember when Bitcoin dumped last time to 54,000$ in the beginning of August? The justification was an attack from Israel against Hamas, which ended killing two of their leaders.

Today another confrontation between Israel and Hezbollah emerged, but Bitcoin is doing well above 64,000$. Following that logic, shouldn't Bitcoin be already crashing at this moment? Or do such events only have an impact when it's convenient for news portals and specialists to give any excuses to explain a potential Bitcoin dump on short run?

It's just an example of how news regard Bitcoin's price are fail in directing the public towards the truth.

FUD makes it possible to buy the cornz cheaper.
The news couldn't beat the one of Powell that they are cutting rates in the eyes of investors. 

ouch...that hurts 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

The Dude is ready for the next LeVeL

[Biodom]

Sweet hopium from Michael S.:

https://www.youtube.com/watch?v=qyglxM5yqH8

TL;DR more of the same...but nice to hear  
Charity will inherit his bitcoins, shares and causes (around 29:00)..nice!

[jojo69]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

I have some old problems that I can’t solve. I have new problems that are worse that I may not be able to solve but maybe I can.

I will know more about my new problems on wednesday. Hoping they have a path to solution.

[xhomerx10]

The Dude is ready for the next LeVeL

  You're already next level, El duderino_

[JayJuanGee]

I have some old problems that I can’t solve. I have new problems that are worse that I may not be able to solve but maybe I can.

I will know more about my new problems on wednesday. Hoping they have a path to solution.

Sorry to hear that, and surely one of the difficulties of aging.. which if we are lucky, we all get to experience aging.. even though the aging in itself has its difficulties.

I am also at the age that when I go down the street I see folks who appear to be in way worse health than me and they are way younger than me, so then I kind of feel good about my own luck and perhaps some of my abilities to take care of myself over the years in order to not appear to be in such poor health.

A similar thing is true, sometimes, when I see someone much more elder than me, but engaged in physical activities that I am struggling to accomplish at my current age and physical condition.