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

[Gachapin]

How could you not understand that you're being sucked up to for merits by now by people who have never actually bought bitcoin and never intend on it. You've been doing it for years. Others see you meriting suck-up shitposts, and that encourages them to also suck up to you. Its a vicious cycle. You're basically enabling the next generation of beggars, encouraging them to perfect the art of ass kissing instead of learn anything else whatsoever. Do you have zero introspective ability?

This is the entire reason they are here, is because you merited this post, which was a response to you:

You brought up a great point and I agree...
...
I also liked how you mentioned the importance of flexibility in making decisions.
...

The other stuff they write is just a regurgitation of what you've already written a hundred times. They write it because they know its in alignment with your own beliefs, not because they actually believe it.

I can conclude that JJG likes to being ass-kissed. Who would have thought that our gay dancer avatar is into that stuff...  

But seriously, I think all your points are valid. While JJG is free to spend his merits as he likes, he also gives a lot to beggars and by that is breeding an ever new generation of merit farmers who only write to please him.

I cannot imagine that he hasn't understood that yet. I think he is rather working on increasing the number of active users on this forum, whose design, to be honest, is not too appealing to newcomers... I have actually friends who wouldn't read the WO because of the old design that doesn't work well on smartphones...

[Shawheer Khan]

How could you not understand that you're being sucked up to for merits by now by people who have never actually bought bitcoin and never intend on it. You've been doing it for years. Others see you meriting suck-up shitposts, and that encourages them to also suck up to you. Its a vicious cycle. You're basically enabling the next generation of beggars, encouraging them to perfect the art of ass kissing instead of learn anything else whatsoever. Do you have zero introspective ability?

This is the entire reason they are here, is because you merited this post, which was a response to you:

You brought up a great point and I agree...
...
I also liked how you mentioned the importance of flexibility in making decisions.
...

The other stuff they write is just a regurgitation of what you've already written a hundred times. They write it because they know its in alignment with your own beliefs, not because they actually believe it.

Upgrade your gears fuckass,

[Shawheer Khan]

AI-generated ass kissing

You brought up a lot of ggod points. This dip around 114k definitely looks like a local bottom bounce. But as we've all seen before, Bitcoin doesn't move in a straight line. A bit of sideways and even a deepper retrace wouldnt be shocking. Especially with some people eager to sell in strength. Fire sales? Maybe. But I think the temporary breaks in an upward trend are where the strong hands Step in.

Your strategy with the staggered buys and sells really makes sense as it's a calm and calculated approach in an emotional market. This kind of system-based DCA+laddered-exit plan can quietly gain while everyone else is trying to time tops and bottoms. Even if each individual fill doesn’t make a massive difference, over 10+ cycles it really starts compounding and showing itself.

And yes, The corrections of 25%+ can shake he tree really hard but like you said its part of the process. Whether we get a V-shape pattern or grind down steady these phases will work to reset leverage and get rid of weak hands.

In the end it's still a game of patience and positioning. The bears might feel bold for a bit but they'll over stay their welcome

This post was flagged with ai spammer got deleted by me mistakenly.

[nutildah]

I can conclude that JJG likes to being ass-kissed. Who would have thought that our gay dancer avatar is into that stuff... 

Point taken

I thinks he is more working on increasing the number of active users on this forum, whose design, to be honest, is not be too appealing to newcomers...

You're right, I would like to see the forum attract new users, so long as they have anything at all original or interesting to say. The thing is a lot of these "newcomers" aren't new at all. Their previous accounts got red tagged or banned so they are back with new ones.

I have actually friends who wouldn't read the WO because of the old design that doesn't work well on smartphones...

This is one of the few changes I really think the forum _should_ make -- a mobile-adapted version of the SMF software.

Upgrade your gears fuckass,

You were already outed as an AI spammer 2 weeks ago. You started manually placing typos in your text to avoid detection by the detectors, but its quite obvious you have nothing to contribute here.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Shawheer Khan]

You were already outed as an AI spammer 2 weeks ago. You started manually placing typos in your text to avoid detection by the detectors, but its quite obvious you have nothing to contribute here.

I tried to contribute. But fuck yall.

[Ivystar5]

So when do we think the next breakout to the upside is going to happen?
We seem to have been stuck in a tight range of $115,000 to $120,000 for a while, even though it hasn’t been long at all. I must admit, I didn’t enjoy the dump during the last 24 hrs.

I think once we chip away at and eventually pierce the ATH of $123,000 we will run for a while, possibly touching $140,000. Maybe we stay in this range for another 2-3 weeks before we explode upwards.
The only thing that’s certain is nothing is stopping this train from hitting between $150,000 and $200,000 before the end of the year.

If we are going to see 150k as our top of the year then it's quite early to have another pump because from what I can see with our current 120k bitcoin could do tremendously and 150k will look too small to be achieved however, if 200k is the new target for the year then we hope another pump next Tuesday, maybe we can balance back to 120k from now till Tuesday.

[Tungbulu]

This kind of system-based DCA+laddered-exit plan can quietly gain while everyone else is trying to time tops and bottoms. Even if each individual fill doesn’t make a massive difference, over 10+ cycles it really starts compounding and showing itself.

I consider DCA to be a good way to get into bitcoin, along with supplementing such strategy with lump sum buying and buying on dips.  I don't really consider DCA to be a good way to exit bitcoin, and I don't even consider exiting bitcoin to be a good idea, even though I do believe in sustainable withdrawal that can be either price based and/or time based.  I have a thread on the sustainable withdrawal topic, which also I do not consider to apply unless a guy had first reached overaccumulation status..

Yeah, the DCA strategy IMO is just about the best strategy to employ if your plan is to effortlessly accumulate Bitcoin overtime. And by effortlessly, I don't mean you won't hit a few difficulties along the way, I mean you really don't have to do much if you stick to a consistent DCA. And yeah, supplementing the DCA strategy with lump sum and taking advantage of potential DIPs can really help to optimize one's strategy.
A lot of investors often get it wrong when we recommend buying the dips as a way to optimize one's strategy, rather engaging in consistent accumulation and then taking advantage of potential DIPs (whenever it comes) they make the mistake of WAITING FOR A DIP, which is not only an awful way to approach Bitcoin accumulation but can also result to missing out on potential gains.
I share in your thoughts regarding exiting Bitcoin, the DCA in this case might really not be the best approach. What could be more suitable would be a more tailored strategy such as sustainable withdrawal strategies. And your suggestion about applying the sustainable withdrawal strategy only when one has attained a 'fuck you' status or a state of overaccumulation is spot on because it highlights the importance of prioritizing accumulation and wealth preservation.

You were already outed as an AI spammer 2 weeks ago. You started manually placing typos in your text to avoid detection by the detectors, but its quite obvious you have nothing to contribute here.

I tried to contribute. But fuck yall.

Your response/reaction only proves that you're guilty as charged, a typical AI spammer.

Except you wanna tell us it's a mere coincidence that both @memehunter and @nutildah are wrong about you, or have something against a newbie they have absolutely no history with, which IMO is just hard or should I say impossible to believe.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[WhoYouCantKill]

So when do we think the next breakout to the upside is going to happen?
We seem to have been stuck in a tight range of $115,000 to $120,000 for a while, even though it hasn’t been long at all. I must admit, I didn’t enjoy the dump during the last 24 hrs.

I think once we chip away at and eventually pierce the ATH of $123,000 we will run for a while, possibly touching $140,000. Maybe we stay in this range for another 2-3 weeks before we explode upwards.
The only thing that’s certain is nothing is stopping this train from hitting between $150,000 and $200,000 before the end of the year.

Yeah, I noticed the market's been consolidating around $115k to $120k, and it's kinda like a normal routine for Bitcoin to hover around a particular range before making the next big move, I mean it was like that before finally hitting above the last ATH. While the recent dump might have been a bit of a rollercoaster, I'd like to think of it as a reminder that volatility is an inevitable part of the game.

Your analysis makes sense, if Bitcoin manages to pierce through the current ATH, it might potentially trigger a run up, but we can't say for sure how far it's gon run, it could be  $140k, less or even more. Predicting Bitcoin, especially within the short term can be challenging, and you might wanna do so with your fingers crossed lol, but really, nothing is impossible, I've seen Bitcoin in the past making some crazy surges and even if it's true that past performances may not always guarantee future outcomes, there's absolutely no doubt it'll likely do the same in the future, I mean, it always does.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[adam.sandler]

So when do we think the next breakout to the upside is going to happen?
We seem to have been stuck in a tight range of $115,000 to $120,000 for a while, even though it hasn’t been long at all. I must admit, I didn’t enjoy the dump during the last 24 hrs.

I think once we chip away at and eventually pierce the ATH of $123,000 we will run for a while, possibly touching $140,000. Maybe we stay in this range for another 2-3 weeks before we explode upwards.
The only thing that’s certain is nothing is stopping this train from hitting between $150,000 and $200,000 before the end of the year.

Yeah, I noticed the market's been consolidating around $115k to $120k, and it's kinda like a normal routine for Bitcoin to hover around a particular range before making the next big move, I mean it was like that before finally hitting above the last ATH. While the recent dump might have been a bit of a rollercoaster, I'd like to think of it as a reminder that volatility is an inevitable part of the game.

Your analysis makes sense, if Bitcoin manages to pierce through the current ATH, it might potentially trigger a run up, but we can't say for sure how far it's gon run, it could be  $140k, less or even more. Predicting Bitcoin, especially within the short term can be challenging, and you might wanna do so with your fingers crossed lol, but really, nothing is impossible, I've seen Bitcoin in the past making some crazy surges and even if it's true that past performances may not always guarantee future outcomes, there's absolutely no doubt it'll likely do the same in the future, I mean, it always does.

I also think that looking at repeated fluctuations that have happened in the past helps us understand what is going to happen next.
The good thing about Bitcoin with its long history is that it allows us to access a lot of history of fluctuations and predict the future by examining repetitive patterns on the chart.
Although I have always said that nothing is 100%, the probability of something happening that has been repeated several times before is higher.
That is why people here (at least me) do not get too excited about fluctuations, whether positive or negative, and look at the overall and long-term trend.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

So when do we think the next breakout to the upside is going to happen?
We seem to have been stuck in a tight range of $115,000 to $120,000 for a while, even though it hasn’t been long at all. I must admit, I didn’t enjoy the dump during the last 24 hrs.

I think once we chip away at and eventually pierce the ATH of $123,000 we will run for a while, possibly touching $140,000. Maybe we stay in this range for another 2-3 weeks before we explode upwards.
The only thing that’s certain is nothing is stopping this train from hitting between $150,000 and $200,000 before the end of the year.

Holy shit 114.9k was not a dump a stumble sure . A pause for buddy to catch his breath okay fine, but not a dump.

123.1x.80=98.48   thats a dump

123.1x.93=114.483 no dump

note I use 123.1 as the high it was higher as I sold some at 123,123

now do I think we go under 100k giving us a 20% correction then fly to over 200k in Nov sure why not it could happen.

[vapourminer]

did somebody leave the door open again?

[shahzadafzal]

So when do we think the next breakout to the upside is going to happen?
We seem to have been stuck in a tight range of $115,000 to $120,000 for a while, even though it hasn’t been long at all. I must admit, I didn’t enjoy the dump during the last 24 hrs.

I think once we chip away at and eventually pierce the ATH of $123,000 we will run for a while, possibly touching $140,000. Maybe we stay in this range for another 2-3 weeks before we explode upwards.
The only thing that’s certain is nothing is stopping this train from hitting between $150,000 and $200,000 before the end of the year.

Holy shit 114.9k was not a dump a stumble sure . A pause for buddy to catch his breath okay fine, but not a dump.

123.1x.80=98.48   thats a dump

123.1x.93=114.483 no dump

note I use 123.1 as the high it was higher as I sold some at 123,123

now do I think we go under 100k giving us a 20% correction then fly to over 200k in Nov sure why not it could happen.

sold some to buy back under 100k again.

we have a secret sauce now.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ESG]

   _These same ones who have been buying large quantities for a few years,
like, Microstrategy, Elon, Trump, funds in general, they will also sell this someday, ...
...I wonder how and when they will do it...

Likely you need to worry about your own stack rather than being worried about various future sales of bitcoin that might or might not happen.

Have you been stacking bitcoin?    If so, do you have enough or more than enough bitcoin?  if you answer no to either of those  questions then it seems that you need to keep stacking... through buying... you don't stack bitcoin through selling, contrary to the beliefs of some ill-informed folks who also might sometimes go by the name, "trader." 

Since that day I have been thinking every day about how I can answer that I try to hold BTC and at the same time I try to trade to increase the BTC (Satoshi) that I try to keep, of course by trading, rarely do I succeed,... And at the same time last year I had to sell a good part of what I had saved because I don't have much money, and it was sad for me.......  and nowdays is hard to buy without IDs, KYCs, and i dont want buy to pay taxexss for governaments...  or, so that they know how much I bought and how much I have, and what I do with it.

  _So, even so, I still think that those who buy large amounts, will sell part of it to buy back or even to withdraw a profit,....

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com