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

[bestcandy]

Looks like Trump somehow made Bitcoin go down instead of pumping it, as many were expecting.

Certainly we were optimistic that Trump will help Bitcoin base on his proposed idea of using Bitcoin as a strategic reserve of US prior to his inauguration but what we are seeing now show that he made Bitcoin to go down instead of Pumping and this may be as a result of some of his economic policies especially the increase of tariff in importation of goods from China, Canada and Mexico.

[philipma1957]

Looks like Trump somehow made Bitcoin go down instead of pumping it, as many were expecting.

Certainly we were optimistic that Trump will help Bitcoin base on his proposed idea of using Bitcoin as a strategic reserve of US prior to his inauguration but what we are seeing now show that he made Bitcoin to go down instead of Pumping and this may be as a result of some of his economic policies especially the increase of tariff in importation of goods from China, Canada and Mexico.

dude he will be doing world wide tariffs to any country that charges a tariff to the USA.


the list of countries that do not charge the usa a tariff


"https://www.trade.gov/free-trade-agreements
FTA tariff tool.

Australia
Bahrain
Canada (included in the United States Mexico Canada Agreement USMCA)
Chile
Colombia
Costa Rica (included in the Dominican Republic - Central America FTA [CAFTA-DR])
Dominican Republic (included in CAFTA-DR)
El Salvador (included in CAFTA-DR)
Guatemala (included in CAFTA-DR)
Honduras (included in CAFTA-DR)
Israel
Jordan
Korea
Mexico (included in the United States Mexico Canada Agreement USMCA)
Morocco
Nicaragua (included in CAFTA-DR)
Oman
Panama
Peru
Singapore"



Canada and Mexico are on that list and will not longer be tariff free

along with about 180 countries with tariffs  already

[Paashaas]

$150,000 - $200,000 will be next high range, nobody will talk about current dump.

Depression replaced with euphoria.

[philipma1957]

$150,000 - $200,000 will be next high range, nobody will talk about current dump.

Depression replaced with euphoria.

I will be talking as I am adding BTC now

but I may need to wait for a long time to see the profit in it.

I think the musky trumpeter has broken the 4 year cycle.

some time this week <75k for sure and <70k looks good.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[bestcandy]

Me after realizing we're going down more:

Bitcoin may go down more but it's certain that it will reverse and appreciate in the near future.
There is no need to panic over the dipp because we are already aware of the volatility nature of Bitcoin so let's exercise some patience and see the dip as investment opportunity that we will leverage to accumulate more Bitcoin to enhance the sustainability of our investment for future profitability.

[LFC_Bitcoin]

philipma1957, respectfully I am confused as to why you seem so happy about the current market situation. Some of us are witnessing our stack go down very, very significantly in value.

You have a 2012 bitcointalk.org registration. I would have thought that you would have been doing all your buying many, many years ago and would be cheering on higher prices, not picking up sats at this point of the cycle.

[bestcandy]

Looks like Trump somehow made Bitcoin go down instead of pumping it, as many were expecting.

Certainly we were optimistic that Trump will help Bitcoin base on his proposed idea of using Bitcoin as a strategic reserve of US prior to his inauguration but what we are seeing now show that he made Bitcoin to go down instead of Pumping and this may be as a result of some of his economic policies especially the increase of tariff in importation of goods from China, Canada and Mexico.

dude he will be doing world wide tariffs to any country that charges a tariff to the USA.


the list of countries that do not charge the usa a tariff


"https://www.trade.gov/free-trade-agreements
FTA tariff tool.

Australia
Bahrain
Canada (included in the United States Mexico Canada Agreement USMCA)
Chile
Colombia
Costa Rica (included in the Dominican Republic - Central America FTA [CAFTA-DR])
Dominican Republic (included in CAFTA-DR)
El Salvador (included in CAFTA-DR)
Guatemala (included in CAFTA-DR)
Honduras (included in CAFTA-DR)
Israel
Jordan
Korea
Mexico (included in the United States Mexico Canada Agreement USMCA)
Morocco
Nicaragua (included in CAFTA-DR)
Oman
Panama
Peru
Singapore"



Canada and Mexico are on that list and will not longer be tariff free

along with about 180 countries with tariffs  already

We earlier thought that Trump will be a great performance indicator that will pump the price of Bitcoin but his economic policy show that his attention is more on economic war and economic supremacy than Bitcoin and this has resulted to a severe negative impact on Bitcoin that is not in correlation to our expectations from him

[vapourminer]

Looks like Trump somehow made Bitcoin go down instead of pumping it, as many were expecting.

1.5D checkers

[jstyler]

im not sure trump's words are the culprit, the 1.5D checkers do show some bearish pressure, but what really stands out to me is the dollar's strength, it's been holding steady around 95, think this could be a major headwind for bitcoin's price, also just noticed some decent volume on the ask side at 45000, that could be a decent level of support, not saying its an infallible prediction but thats my 2 cents

[Ambatman]

https://x.com/APompliano/status/1899154245783359849?t=WvlNBgErD3Tm0bX8wI-IVg&s=19

Anthony believes all these was intentional to force Powell to do a cut in rate

What are your thoughts?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

https://x.com/APompliano/status/1899154245783359849?t=WvlNBgErD3Tm0bX8wI-IVg&s=19

Anthony believes all these was intentional to force Powell to do a cut in rate

What are your thoughts?

Probably.
March-April dip was expected once all this talk about tariffs, etc started.
The main stock market 'decision' will be in October when it would either plunge decisively or recover.
Bitcoin could bottom earlier, though.
I will start deploying cash in July or so, regardless.

[OutOfMemory]

philipma1957, respectfully I am confused as to why you seem so happy about the current market situation. Some of us are witnessing our stack go down very, very significantly in value.

You have a 2012 bitcointalk.org registration. I would have thought that you would have been doing all your buying many, many years ago and would be cheering on higher prices, not picking up sats at this point of the cycle.

On the other hand, it's almost certain that this is the (usual) shakeout before the real bullrun.
I'm chilling to the sound of aggr.trade right now. My favorite music 

[cAPSLOCK]

Just posting what the chart looks like during this "massacre".



Now... we are WELL into the seas of uncertainty.  The world is shifting hard.

It has to.

We are in war.  Fought in a way  historians may be able to see more clearly than those of us living through it.

At least I hope so... because if humankind's version of history is more badly understood than THIS present... well  it's fun nonetheless, I suppose.

I have no idea.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

<snip> We are in war.  Fought in a way  historians may be able to see more clearly than those of us living through it.

War? With whom or what?
I don't read this as a war...more like an economic alignment.
Did we all think that 36 tril deficit is nothing?
It was going in the direction of a complete and utter collapse in a few years, according to Ray Dalio.
Now...who knows, maybe there is a small chance if budget deficits decrease.

[danadc]

The market situation is declining, but it is because most traders are in long and long-term Positions, that is why the method of liquidations, so that may be one of the Reasons why it is going down , but this gives me a lot of hope:

A CryptoQuant analyst has maintained a price prediction of $150,000 to $200,000 for Bitcoin in the upcoming bull cycle, expecting a new all-time high (ATH) of $180,000 by 2026, stating,

“I expect Bitcoin to reach the $150K-$200K range in this upcoming bull cycle. Even major banks have recently started making similar or higher predictions.”

Original source:https://ambcrypto.com/heres-what-happened-in-crypto-today-bitcoin-at-80k-and-the-u-s-has-a-new-plan/

I understand that this storm has a lot of impact, especially seeing a price above $100k.

The good thing is that the market always teaches us lessons and makes us see that it will recover.

[Nathrixxx]

Life is full of surprises, you're advising someone on the same thing you needed to be advised as well.

Increase in tarrif everywhere, who needed the advice most.

link

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com