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

[adam.sandler]

Bitcoin is still in the red compared to the past month and yesterday's news had a temporary effect and is slowly correcting. But in my opinion, yesterday's news caused Bitcoin to move away from the important support area and increase the chance for the price to move higher. Of course, if the fear of a return to lower ranges does not make some want to sell extensively to lock in profits

chart=
https://postimg.cc/Lhxk69ty

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xzy887]

I get the rationale for a Bitcoin reserve. I don't agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create a Bitcoin reserve too. But what's the rationale for an XRP reserve? Why the hell would we need that?

https://x.com/PeterSchiff/status/1896274641959927961?t=prW-WiaOsWfjvIvpdq2sDQ&s=19

[JayJuanGee]

I'm taking profits at $100k this time, and there's nothing anyone can do to stop me.

Someone talked me out of it last time.

*harumph*

Well fuck... Setting some sells at 99450 to miss the landslide you trigger.

(thats not really the number since you could then exploit me... and the real number is 99337!  So ha!)

Life hack: never post your "real" future sell price on WO or those "trading masters" would place their sell orders just below yours  
bwahaha

Exactamente.. especially don't be showing your cards when dealing with such large sums (such as 0.00032481 or greater amounts.

Bitcoin is still in the red compared to the past month and yesterday's news had a temporary effect and is slowly correcting. But in my opinion, yesterday's news caused Bitcoin to move away from the important support area and increase the chance for the price to move higher. Of course, if the fear of a return to lower ranges does not make some want to sell extensively to lock in profits
chart=
https://postimg.cc/Lhxk69ty      

I am really not sure what your chart means.. and I also don't know why you would want to be fucking  around with trying to trade BTC around these prices,  especially if you happen to be in your first bitcoin cycle..

yeah, of course, the  mere fact that you registered on the forum just a few days ago does not mean that you are new to bitcoin, yet your coming into this thread and suggesting some kind of trading strategy begs questions about your actual understanding of bitcoin's value proposition.  Do you know bitcoin? or do you merely consider bitcoin as a trade?

I get the rationale for a Bitcoin reserve. I don't agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create a Bitcoin reserve too. But what's the rationale for an XRP reserve? Why the hell would we need that?

https://x.com/PeterSchiff/status/1896274641959927961?t=prW-WiaOsWfjvIvpdq2sDQ&s=19

Why don't you put  quotes around your post, rather than forcing us to try to figure out if any of those words happen to be your own or whether you might have any of your own ideas besides just posting what Schiff said while at the same time providing sloppy attribution, at best?

[adam.sandler]

I am really not sure what your chart means.. and I also don't know why you would want to be fucking  around with trying to trade BTC around these prices,  especially if you happen to be in your first bitcoin cycle..

yeah, of course, the  mere fact that you registered on the forum just a few days ago does not mean that you are new to bitcoin, yet your coming into this thread and suggesting some kind of trading strategy begs questions about your actual understanding of bitcoin's value proposition.  Do you know bitcoin? or do you merely consider bitcoin as a trade?

i have posted my analysis of btc's trend over the past month and have included a chart image to make my point clearer. how can you say that you don't understand the meaning of the chart i posted?
by the way, i did not say that I want to buy or sell in this price zone, no! you misunderstood. i was talking about other people's decisions to buy or sell in this area and the effect that their actions will have on the price.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cygan]

new chance for all you gents to win a shiny Icarus card
[FREE RAFFLE #2] - Icarus Custom Card🔐🎰

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[bitebits]

Seems we have entered the tumbleweed zone. Six CBs in a row. Conclusion: Volatility ahead.

I can feel it in my bones. Soon (tm).

Jup, there is something about hodling this thing over a decade. Like a scar that starts to itch when the weather is about to change.

Donald Trump's Crypto Czar David Sacks reportedly to hold press conference tomorrow to discuss how "to secure America as a leader in the digital asset ecosystem." 🇺🇸

https://x.com/BitcoinMagazine/status/1886432755581370432?t=UX1tfYnA4XZjsYkz28P7bw&s=19

Ugh... not holding my breath... with all the other massive shitcoinery signals I hope they can get this at least SOMEWHAT right.  I expect "diversity" which we all know is a mistake... and if that is the announcement then I will be mildly pleased.  It's the full on fumble I am scared of lol.

One thing I am sure of, regarding a strategic 'crypto' reserve, it will be bitcoin only if they do. The US will not buy privately printed currencies.

And then there is something about hodling this thing for 15 years and witnessing newbies time and time again lured into the cliffs by the siren song of alts. Kudos to you Capslock, should have known. Still I have some idle hopes eventually only Bitcoin makes it through.

[LFC_Bitcoin]

Gimme that sweet, sweet nectar.



@ashcryptoreal
Bitcoin Whales Are Using The Same
Playbook As 2023 And 2024.

In Both Instances, Btc Pumped 30%+
In 4-6 Weeks.

I Think History Is About To Repeat….

https://x.com/ashcryptoreal/status/1896482865883545949

[champions]

🇺🇸 The White House to host "crypto summit” this week 👀

https://x.com/BitcoinMagazine/status/1896523855587680497?t=FoJKhHDJSl7W4seNMyjHJQ&s=19

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[heslo]

I get the rationale for a Bitcoin reserve. I don't agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create a Bitcoin reserve too. But what's the rationale for an XRP reserve? Why the hell would we need that?

https://x.com/PeterSchiff/status/1896274641959927961?t=prW-WiaOsWfjvIvpdq2sDQ&s=19

Simple, money

Brad Garlinghouse of Ripple Labs donated directly to Trumps campaign for his election. This is his payback; political favour.

[hypebrother]

how to remove duplicates

I am not an expert in technicals but usually 0.5 and 0.618 fib levels indicate strong reversal after correction (which is natural in the markets).

edit: this is btc/usdt weekly chart

As expected



This might be the greatest reversal we have seen (yet).

“Clouds dispersed
And still it looks vague,
Dreamy up there:
Tonight’s
moon hanging
In the haze of spring.”

–-Saigyo

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[airfinex]

Simple, money

Brad Garlinghouse of Ripple Labs donated directly to Trumps campaign for his election. This is his payback; political favour.

Trump is a real bastard. Besides XRP, he added other shitcoins to the list.

[Leahized]

@saylor

Last week, @Strategy did not sell any shares of class A common stock under its at-the-market equity offering program, and did not purchase any bitcoin. As of 3/2/2025, we hodl 499,096 $BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin. $MSTR


X

[goldkingcoiner]

What happens when part of this crapto reserve gets rug pulled or inevitability loses its value rapidly? You know, like altcoins do.

[champions]

Trump to make Bitcoin 'investment' announcement today - White House.

https://x.com/RadarHits/status/1896540432643109322?t=IMfMYZ13clg6KltzjYt1kg&s=19