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

[ChartBuddy]

Explanation
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[nutildah]

Bitcoin fixes this

[ChartBuddy]

Explanation
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[Liocen]

lol I think I know what it is too, just knowing what "O" is

Is it the 'O' for One,,,, or the '0' for 10?
'O' is actually mysterious and
it is actually like oxygen that does not burn itself but helps others burn.

Viking warrior is about to win.

[ChartBuddy]

Explanation
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[LDL]

Don't Worry
Ups
&
Down
Both cyclic...

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[bitmover]

The spot price has been spending a lot of time in that area of like 100% to 150% above the 200-WMA.  Surely nothing too exciting in terms of exuberance... or even overexuberance. 

It would be nice to get into the greater than 300% to 400% range..meaning that spot price is 300% to 400% or greater higher than the 200-WMA, even if many of us would not even consider that to be very frothy, either.

I doubt we will ever see such volatility again.

To get 300-400% above 200wma, we dont need just to reach 200-250k levels. We need to reach such levels in 2025, because the 200wma is also growing.
Reaching it in 2030 won't take us to 300-400% 2000 wma range.

[LFC_Bitcoin]

So I was looking at charts, trying to convince myself everything is still on track. This is what I saw:

On this date in the 2021 bull year we were at $48,000.
We rose above $50,000 in early September to then put in a low of $40,000 in late September.

By late October we were over $65,000 and obviously hit the cycle high of $69,000 in early November.
That’s a 43% price rise from late September 2021 dip to cycle high of $69,000.

I don’t see why in any way, shape or form that the top is in at $124,000 in August.
A 43% price rise from here by early November would put us at $157,000.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Zeunerts]

So I was looking at charts, trying to convince myself everything is still on track. This is what I saw:

On this date in the 2021 bull year we were at $48,000.
We rose above $50,000 in early September to then put in a low of $40,000 in late September.

By late October we were over $65,000 and obviously hit the cycle high of $69,000 in early November.
That’s a 43% price rise from late September 2021 dip to cycle high of $69,000.

I don’t see why in any way, shape or form that the top is in at $124,000 in August.
A 43% price rise from here by early November would put us at $157,000.

It's quite possible that the market will continue to be boring for the coming weeks. But to think that we would top out around 157K is somewhat conservative.
With the recent Powell speak and the "2% inflation target" change,  cuts coming and all other catalysts lining up. I feel that we should probably see a higher number.

Might not be as explosive as previous run ups, maybe more of a prolonged bullrun. Not sure we should count on a major crash of 60-80% either. Selling in Nov/Dec with intentions of buying back lower next year seems quite risky..

Time will tell. Will be an interesting time ahead. HODL ON.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Richy_T]

We are now in the annoying phase where everyone who knows you have bitcoin but doesn't themselves tells you how they would have sold at the top and been rich. Which they didn't because, as previously stated, they don't have bitcoin.

[philipma1957]

We are now in the annoying phase where everyone who knows you have bitcoin but doesn't themselves tells you how they would have sold at the top and been rich. Which they didn't because, as previously stated, they don't have bitcoin.

why oh why oh why didn’t we all sell at 124k

gosh darn it

[Paashaas]

My mother's death hits like a fcking truck.

Don't know if i will recover from this tragic loss.

Mourning period will be long.

Canceled my citytrip to Berlin.

Trying to find some distraction.

It’s not just the tops.

Every “bear market” has ended precisely as red turned to green.

Every “ramp” has lasted as long as bars were green.

Every “hockey stick” has been marked by green flipping red (not the halving).

And yes, every “top” has been marked by a peak in red.

The business cycle’s dynamics are all that’s been needed to understand Bitcoin’s.

Even the profiles of the reds match the profiles of the bull runs ffs.

All I see is “this cycle is so different”, f*ck this cycle”, or “cycle almost over

X.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Liocen]

My mother's death hits like a fcking truck.

Don't know if i will recover from this tragic loss.

Mourning period will be long.

Canceled my citytrip to Berlin.

Trying to find some distraction.

Long story short.

2 police officers at my door this evening asking if i could check if my mother is doing fine because they recieved an emergency call from her neighbour.
...

...

They found my mother in her bathroom unconscious.

....

....

Doctors said shes braindead it will take few days till 2 weeks.

...
...

I'm heartbroken, crying, don't know what to say.

My mother,  me and my sister loved her so much.

It was your previous message that touched my heart.

The pain of losing a mother is truly very painful. The one who does not have a mother in this world is deprived of everything.
A few days ago you shared the news of your mother's illness. I felt a little bit by putting your mother in my mother's place. That moment was really painful. I prayed that your mother would come back to you.

But today I feel very sad to receive this sad news from you. May God grant you the strength to bear the grief.
And may God grant your mother a place in heaven.

May God protect all mothers.

[philipma1957]

My mother's death hits like a fcking truck.

Don't know if i will recover from this tragic loss.

Mourning period will be long.

Canceled my citytrip to Berlin.

Trying to find some distraction.

It’s not just the tops.

Every “bear market” has ended precisely as red turned to green.

Every “ramp” has lasted as long as bars were green.

Every “hockey stick” has been marked by green flipping red (not the halving).

And yes, every “top” has been marked by a peak in red.

The business cycle’s dynamics are all that’s been needed to understand Bitcoin’s.

Even the profiles of the reds match the profiles of the bull runs ffs.

All I see is “this cycle is so different”, f*ck this cycle”, or “cycle almost over

X.

Try doing some work for others as a distraction. Maybe a relative needs help. Or a neighbor doing some service for others can help you.

please remember you are not alone and many of us have lost out parents.


My mom died in 2016
My dad died in 2003

My father-in-law died in 2002
My mother-in-law died in 1994

And the miscarriages were in 1998 and 2002 .


Its a lot of loss for me and my wife. At times At nite I wake up look at my sleeping wife and I get heavy duty fear of losing her.

It is normal to feel the pain you feel. BTW thanks for sharing it as it is somewhat helpful for me.


oh here is something nice I went to Belmar, NJ and walked the board walk with my wife yesterday it was a nice day for us.

I want you to remember this post as even with all the loss my wife and I have had yestrday at the beach with  the weather felt good to us.