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

[adam.sandler]

Bullish: If, when the Bitcoin price breaks several of its resistance levels and starts to rise again, it is highly probable that it will reach $120,000 or more within 6 months. As global interest in crypto continues to rise and more institutional players adopt Bitcoin, there’s a good chance we see it hit its all-time highs over the next 12 months.

Bearish Case: On the other hand, in case of a wider correction in the market or macroeconomic situations like interest rates or global crises hitting hard, the first support for Bitcoin could be in the range of $65,000 or even around $55,000.

Short term drop: IF BTC closes below $75,000 in the next few weeks, we will see it drop to $70,000, $68,000. However, if it stays solidly around those levels, there’s a good possibility it could rebound and backtrack on its way up.

[Paashaas]

Every portfolio will hold BTC.

[ChocolateBitcoinK]

Senator Cynthia Lummis : I spend dollars and save BTCitcoin.


https://x.com/SenLummis/status/1895511140857459147

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[WatChe]

i remember that it was my entry point too as i started at $10 went to ~$30 then down to ~$2. and it stayed low for a looong time as i recall. and i kept just kept mining even at a loss at times.. but interestingly thats where the bulk of my stash is from, those early mining days when only the dedicated kept running gears. obviously it paid of handsomely.

so tldr version: keep stacking

If you entry point was $10 then you must be a Bitcoin whale by now  

Bitcoin is going down after a long time, so just grab as much as you can.

[goldkingcoiner]

Bitcoin seems to have discovered a nice support @84K. Called it.

[OgNasty]

Bitcoin seems to have discovered a nice support @84K. Called it.

Things got pretty rough last night. I was watching it hitting $78K thinking that people had clearly sold off way too much for what was happening. I think that was the last shakeout before the bull run to new highs resumes. Congrats to those who managed to score any coins under $80K. I bought $250 worth.

[cxtreenal]

https://x.com/Saylorsatsire/status/1895517251442528257

Expand your horizons in Bitcoin. Your sky is not small.
You just pile on endlessly. Rise above fear.

[fredericktaylor]

Loomis believes that Bitcoin, viewed as a reserve asset, will become a valuable asset in the future, just like gold or other storable assets.  Loomis thinks some states could stockpile bitcoin on their own without waiting for a decision from the federal government.  Loomis argues that hoarding bitcoins would create a strong buffer against the devaluation of the dollar.
Loomis has always advocated for crypto-friendly policies and is trying to increase the acceptance of Bitcoin in the United States.  
Senator Loomis' statement indicates that in the future some US states will independently adopt Bitcoin as part of their economic strategy.



https://x.com/BitcoinMagazine/status/1895526271423299918?t=q5dz0CdBLHoLY3jum3-UuQ&s=19

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vroom]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[WatChe]

Bitcoin seems to have discovered a nice support @84K. Called it.

Things got pretty rough last night. I was watching it hitting $78K thinking that people had clearly sold off way too much for what was happening. I think that was the last shakeout before the bull run to new highs resumes. Congrats to those who managed to score any coins under $80K. I bought $250 worth.

This is the last time we are seeing Bitcoin under 90k. Take advantage of it and grab as much Bitcoin a you can 

[vapourminer]

i remember that it was my entry point too as i started at $10 went to ~$30 then down to ~$2. and it stayed low for a looong time as i recall. and i kept just kept mining even at a loss at times.. but interestingly thats where the bulk of my stash is from, those early mining days when only the dedicated kept running gears. obviously it paid of handsomely.

so tldr version: keep stacking

If you entry point was $10 then you must be a Bitcoin whale by now  

sure if i had never spent any. but the general rule the wife and i came up with was back in 2011 when mining 1/3 was to be for repayment of the mining card, 1/3 was to electric, and the last 1/3 was to be "saved."

however, i, like many other who mined cheap coins back in the day, sold a lot of those cheap coins back in the day,

so, whale? haha no. im more like plankton.

[Biodom]

i remember that it was my entry point too as i started at $10 went to ~$30 then down to ~$2. and it stayed low for a looong time as i recall. and i kept just kept mining even at a loss at times.. but interestingly thats where the bulk of my stash is from, those early mining days when only the dedicated kept running gears. obviously it paid of handsomely.

so tldr version: keep stacking

If you entry point was $10 then you must be a Bitcoin whale by now  

sure if i had never spent any. but the general rule the wife and i came up with was back in 2011 when mining 1/3 was to be for repayment of the mining card, 1/3 was to electric, and the last 1/3 was to be "saved."

however, i, like many other who mined cheap coins back in the day, sold a lot of those cheap coins back in the day,

so, whale? haha no. im more like plankton.

I joined later, but also recall times when spending 2-8 btc on something was just a regular purchase, like a miner or something similar. there never was a feeling of 'oh my g-d, I overspent'.
I wish that I never spent that btc, but all that spending helped btc to grow, imho.

[Biodom]

...They nuked the market to buy in cheap.

That's the only way to be sure...[of extraordinary profits faster].

https://www.youtube.com/watch?v=aCbfMkh940Q

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

Well when the difficulty adjustment is THERE we will be at THE FINAL hashrate ATH.

[eXPHorizon]

https://www.youtube.com/watch?v=Y2RQ8YkqeEU

This song/game is not for the average bljatcoiner but for the ones who understand what life really is about...

The Peak.. of Gaming...