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

[Gachapin]

*wall of text*

If I had 100 btc at 73k and did not cash 10 of them I would be kicking myself in the ass now that my 100btc is down to 53k each. as it would be a 2 million loss.

This precise notion that you're losing nominal value in the short term is what keeps people from enjoying 100x profits. The exact same thing could have been said when Bitcoin fell from $200 to $150. If you had $7.3M in Bitcoin back then, that "correction" would cost you 2 millions in nominal value. But, it's evident that whether you entered in $200 or in $150, it's completely meaningless; all it matters is that you entered that early.

Those who lack the guts and confidence are not worthy of the significant gains. It is not me who says it, it's mother nature, apparently.

Wow!!!!   You said it much better than me, and way shorter, too.

low hanging fruits

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[laijsica]

Each dips is one of the opportunities for Bitcoin investors to accumulate more. Keeping the signs of bearish and bullish period holding more strength. I'm not upset because I know the value of Bitcoin will skyrocket so I'm rightly assessing the bearishness.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[philipma1957]

fuck off buddy.

next fed meeting is sept 17-19

we will see a lot of action from today till the change or freeze of rates.

I am prepped as soon as we drop under 50k to grab the dip and hodl

[ChartBuddy]

Explanation
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[philipma1957]

I got you surrounded buddy surrender now

[Perfectbaby]

Is Bitcoin heading towards $40K? Historically September has been the month when Bitcoin price has always taken a sharp downward momentum. I miss $70K and will wait for Bitcoin to rebound.

From my expectation we might we see 50% from its original price of $73k, that is 73k/2 is about $32.5k but we may definitely see it at $38-40k if time not taken since month of September has always be proven to be the worst month in the bitcoin history price.

It is a clean water to fetched on, maybe refill the emptied tank and drum inside the Warehouse and wait for the sunny days.

Do not be moved by the storm/wind

HODL tight!

That is some real wishful thinking..and the top was right around $73,794, so 50% of that would be close to $37k.. not $32.5k.. . .yet even $37k comes off as some very wishful-thinking in regards to downity.  Hopefully there are not too many newbies waiting to buy at those prices and failing/refusing to buy at current prices which surely seem to be quite decently good, in the whole scheme of things.

What matters is how could they be sure that it would likely happen the same, so you are right because buying at this current price will allow them to secure some position for themselves. But who knows what it would end at as the highest low for the year 2024 ( -50%) isn't certain and it's based on my speculation and of course if the price drops below mentioned price that would really be a good entry point for bulk loading.

Is Bitcoin heading towards $40K? Historically September has been the month when Bitcoin price has always taken a sharp downward momentum. I miss $70K and will wait for Bitcoin to rebound.

From my expectation we might we see 50% from its original price of $73k, that is 73k/2 is about $32.5k  but we may definitely see it at $38-40k if time not taken since month of September has always be proven to be the worst month in the bitcoin history price.
It is a clean water to fetched on, maybe refill the emptied tank and drum inside the Warehouse and wait for the sunny days.

Do not be moved by the storm/wind

HODL tight!

as one math challenged to another person 73/2 = 36.5

Hey @philipma1957 thanks for the correction anyway... Maybe I need to sleep is already 4:30am and I am kind of feeling dizzy. $73k/2 = $36.5k like I said earlier might see it at $38-40k.

Goodnight I cool off my brain, I will join the discussion in the next 4 to 7hrs time if I won't get knocked up by friends.

Getting knocked up is usually talking about getting pregnant, even though you are using such expression as a way of someone waking you up.. so I suppose knocking on your door in order to wake you.. . but the idea of "getting knocked up" is provocative in any event.  


Edit: I looked it up.. you seem to be talking about the second meaning rather than the first.

>>>>>transitive verb. 1. sometimes vulgar : to make pregnant. 2. British : rouse, summon.<<<<

https://www.merriam-webster.com/dictionary/knock-up#:~:text=transitive%20verb,British%20%3A%20rouse%2C%20summon

Sorry if you find it not correlated to the meaning or give exact what you expected. But I am used to that word as I believe knocking on my door are something common from friends who always want to share some nice ideas and also wanting gist as well.

Anyway I am back now, though it was a very tough night.

Still it's another good point to enter the market, the movement could change. But what more, I see it as a commensalism, in other words known to be the survival of the fittest. So who keeps DCA'ing could stand a better chance of accumulation than those who would panicked and push away their trailer loads. $54,300 not really a bad one.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[OgNasty]

Each dips is one of the opportunities for Bitcoin investors to accumulate more. Keeping the signs of bearish and bullish period holding more strength. I'm not upset because I know the value of Bitcoin will skyrocket so I'm rightly assessing the bearishness.

Bearishness is healthy. When you have conviction in Bitcoin and you believe it is going to become more valuable then you don’t need to worry about bearishness because it creates opportunities. What you need to worry about is everyone being bullish leaving no money left on the sidelines to enter. The best time to sell is when everyone is the most bullish.

[ChartBuddy]

Explanation
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[xzy887]

Bitcoin wants to return from moon.
Now Bitcoin will go to hell 

[Ambatman]

fuck off buddy.

next fed meeting is sept 17-19

we will see a lot of action from today till the change or freeze of rates.

I am prepped as soon as we drop under 50k to grab the dip and hodl

I expect some pull back before then as a form of manipulation
So that the big players can get it cheaper.
If nothing new comes up there's a likelihood that the red is going to continue this week.

Every great men and women got where they were because they persevered and moved on even when everything was falling (Red).

Bitcoin wants to return from moon.
Now Bitcoin will go to hell  

Hell is kinda metaphysical so not possible
It's coming to pick some people on earth and zip passed this current moon.

Or it's just teasing those on earth that are hoping to climb aboard.

[ChartBuddy]

Explanation
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[LFC_Bitcoin]

Bring on Q4.

It’s been a while since we enjoyed upwards momentum.

🚀


@rektcapital
Bitcoin is in a Halving year

So it makes most sense to compare 2024 with previous Halving years

In the previous Halving years (2016 & 2020), Bitcoin enjoyed three straight months of upside across October, November and December

https://x.com/rektcapital/status/1832817164555841951

[ChartBuddy]

Explanation
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