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

[JayJuanGee]

Did I miss anything

Yes.

Sub $40k did not happen, and so you lost the bet.

You must owe me something, for all of that hassle.. .

Unless you want the time to keep going and you think sub $40k is still possible.

69 🤮
99 🥰

Welcome 🤗

$69k

$99k

What is the difference?

It does feel a wee bit different.

I am all for the upswing

But you $-Dudes can relebrate a fake win. Since Trump's trade war the $ has devalued quite a bit and € has to wait quite a while longer for ATH

People make the deflation bullshit claims so frequently, and it is almost retarded because of the whining narrowness of the vision. 

Essentially, my 0.63+ BTC buys way the fuck more right now as compared to what it bought in 2019 when BTC prices were bouncing between $3,200 and $13,880.  You gotta zoom out a wee bit if you want to appreciate that bitcoin is going up way faster than the dollar debasement is bringing the dollar down.  You can also look at the 200-WMA to appreciate the ongoing upward slope of such bottom indicator. 

Hopefully you are not over thinking these matters and trying to proclaim some kind of a gotcha that does not exist in bitcoin , even though it exists in many of the other assets that are barely appreciating at the same rate that the dollar is debasing.

Snap out of it SaintFlow!!!!!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

$100k over and done with.
Next target: ATH in May.

One hundred k done.
Everything's green on my screen.
ATH in May.

#sobackhaiku

[cAPSLOCK]

Speaking of steaks...



https://www.virtue.news/steak-n-shake-to-accept-bitcoin-payments-at-all-locations-starting-may-16/

Not much of a fast food eater... But will certainly pay a visit. Hope they take lightning.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

Excellent.  100k achieved; now we can get back to hodling with confidence and Grace...



The lady in black is Grace, you can find her in Berlin.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

OT:

Audiophile brothers, i hope you can help me out on this, because i don't really want to register to another forum for asking a single question in 20 years or so.

I am running a quite decent studio stereo soundsystem in my living room, sporting active Mackie monitor speakers and a tight active subwoofer going down to shaking 24Hz (20Hz at -3dB), without getting muddy at all. Problem is, i am cross-listening to audio material from a PC using a decent SSL audio interface with really good DAC's, as well as watching Netflix and x264/x265 stuff from the interwebz through a mid-level HDMI eARC extractor, which goes to the woofer, which splits at 90Hz (sending all higher frequency content to the studio monitors). All i need to do is leveling the monitors to the sub's output volume.
So far so good. The audio comes out balanced and flat from the SSL (PC), all is at level, sounds really nice, but when i switch to the TV/eARC output, Netflix startup sound already feels like an earthquake. The leveling pot on the woofer is really sensitive, if not even exponential, so turning this back and forth on every audio source switch can become a five-to-ten minutes lasting nightmare of hopping between listening position and subwoofer until i'm satisfied, even if i use white noise and my old, tortured ears as a reference.

I see no other solution than to switch the eARC extractor for an eARC DSP,  and on my first search engine visit i was already overwhelmed by choices between $200 and $1000 on the first 10 results. Some of those +$400 thingies seem to do room correction at the first glance, but i'd rather not spend a grand for an overkill package nor get away with a shitty compromise i'd later regret, having another unused crap device lying around at home because it will make my ears want to bleed.

Can anyboy familiar with this matter here recommend a "cheap but not crap" HDMI/eARC DSP that can downmix 5.1 formats into actually good sounding stereo with modern curve-type EQ and possibly basic room correction/auto equalization?

Please PN, to keep this thread a little cleaner, unless it's not the uber-bang-for-the-buck-all-singing-all-dancing-best-sounding device other WO's should know and have.

Thanks,
OOM

EDIT: The sub is sporting two stereo inputs, so the linear signal from the PC will always be fed unprocessed, while only the terribly loud TV sound drowning in bass would have to be processed by the eARC device, maybe with a little mid enhancement. So no multichannel stuff needed.

[SaintFlow]

Did I miss anything

Yes.

Sub $40k did not happen, and so you lost the bet.

You must owe me something, for all of that hassle.. .

Unless you want the time to keep going and you think sub $40k is still possible.

69 🤮
99 🥰

Welcome 🤗

$69k

$99k

What is the difference?

It does feel a wee bit different.

I am all for the upswing

But you $-Dudes can relebrate a fake win. Since Trump's trade war the $ has devalued quite a bit and € has to wait quite a while longer for ATH

People make the deflation bullshit claims so frequently, and it is almost retarded because of the whining narrowness of the vision. 

Essentially, my 0.63+ BTC buys way the fuck more right now as compared to what it bought in 2019 when BTC prices were bouncing between $3,200 and $13,880.  You gotta zoom out a wee bit if you want to appreciate that bitcoin is going up way faster than the dollar debasement is bringing the dollar down.  You can also look at the 200-WMA to appreciate the ongoing upward slope of such bottom indicator. 

Hopefully you are not over thinking these matters and trying to proclaim some kind of a gotcha that does not exist in bitcoin , even though it exists in many of the other assets that are barely appreciating at the same rate that the dollar is debasing.

Snap out of it SaintFlow!!!!!

Thanks for the reply
I will snap out of it when my positions turn green.
I bought several times on the way down from 100k€
Sofar you guys can celebrate - I am not there yet. The devalued $ scale will work out in the long run for a better bullrun on chart.

When it crossed 100k$ on 25. Nov 94k€
When it crossed 100k$ yesterday in € we barely touched 90k

I don't doubt it will happen eventually

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LFC_Bitcoin]

Could be time for a new poll?

I wouldn’t mind the price slowing down for a little bit, form some support at $100,000. That would give us a real base to attack a seriously high price later in the year.

I think $225,000 could be a blow off top but I will start selling at around $120,000 and ladder up to whatever the top ends up being. Ideally I will have fat fiat bags (after 24% CGT *spits*) to buy back when the inevitable bear market comes.

[hisslyness]

Could be time for a new poll?

I wouldn’t mind the price slowing down for a little bit, form some support at $100,000. That would give us a real base to attack a seriously high price later in the year.

I think $225,000 could be a blow off top but I will start selling at around $120,000 and ladder up to whatever the top ends up being. Ideally I will have fat fiat bags (after 24% CGT *spits*) to buy back when the inevitable bear market comes.

I’m not against liquidating some Bitcoin when life demands it, that’s just reality.

But doing it right at the start of the first New Chopper Post? That doesn’t sit well with me, especially if you genuinely believe this cycle could peak around $225K.

Trying to sell now just to buy back cheaper is usually a recipe for regret, particularly when you factor in a 24% capital gains tax. Unless the price drops more than 24% below your average sell price, you're not even breaking even.

And if you're laddering out as we go up, odds are you won’t get the full benefit of re-entering with that fiat stash.

Might be wiser to hodl through a few more chopper posts before making any big moves.

I am with you on this cycle, this will be an epic run! I have an even more ambitious target, 300k+, i mean 6T market cap will be broken, when the real money starts flowing in!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

This one is funny and I don't think it means much...



But this one is not really all that funny. And we all know what it means...

Current (and seemingly accurate) tea leaves theory States a ~100 day leading indicator from Global M2 right?  And the US is likely to announce soon as well.

Will not be surprised of we see smart money start front-running this.

[adam.sandler]

Excellent.  100k achieved; now we can get back to hodling with confidence and Grace...



The lady in black is Grace, you can find her in Berlin.

The lady's name is anna delos.
You can find her on x. Just be careful because she has NSFW content.

[adam.sandler]

Could be time for a new poll?

I wouldn’t mind the price slowing down for a little bit, form some support at $100,000. That would give us a real base to attack a seriously high price later in the year.

I think $225,000 could be a blow off top but I will start selling at around $120,000 and ladder up to whatever the top ends up being. Ideally I will have fat fiat bags (after 24% CGT *spits*) to buy back when the inevitable bear market comes.

A funny incident.

I had a similar opinion and idea to yours and I shared it.

This profit has made the summer more pleasant.
Friends never forget the profit margin. Correction is always a possibility (a bitter reality for some of us).
I would also like to see it increasing and being able to generate more profits because I am in profit at present but this makes me wonder whether there is any opportunity to buy later at a lower price perhaps ceasing to exist.

A friend made a joke about my opinion and mocked me. You gave him 21 merits.

You could sell it all
Set your mind on buying cheap
Profit makes no rust
#haiku

But now you have a similar thought to mine and you expressed it.

[LFC_Bitcoin]

Good things come to those who wait.

@CryptoJelleNL
The current #Bitcoin all-time high was made just 791 days after the bear market lows.

I knew that'd be too soon to mark a cycle high, and it's starting to look like the lengthening cycles theory is indeed playing out.

Expecting cycle highs in late Q4 2025, or even Q1 2026.

https://x.com/cryptojellenl/status/1920744423673000330

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Dark.Look]

Good things come to those who wait.

@CryptoJelleNL
The current #Bitcoin all-time high was made just 791 days after the bear market lows.

I knew that'd be too soon to mark a cycle high, and it's starting to look like the lengthening cycles theory is indeed playing out.

Expecting cycle highs in late Q4 2025, or even Q1 2026.

https://x.com/cryptojellenl/status/1920744423673000330

You separate Bitcoin cycles based on Bitcoin halving, as I can see. Comparing the history of Bitcoin prices to the previous cycles, we can understand a lot. But it shows we can expect lower prices before the next halving. Do you mean we can expect a price correction to lower prices before the next halving?