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

[Gachapin]

I too must say that 120k feels very comfy...

I just hope we rip past $125k this run.

Meatspace, as well as shitposting on X has been occupying much of my time.

Hope everyone is well.

*hugs and kisses*

-Bob

how is farm life ?

[hypebrother]

https://www.youtube.com/watch?v=PD-MdiUm1_Y

[hypebrother]

https://youtu.be/oSmVh5RHpvg?si=kAJS_Y3L1bP9uFfw

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[laijsica]

https://x.com/BitcoinMagazine/status/1973805906719588462

This huge difference in Bitcoin price really continues to raise expectations for investors and in most cases exceeds expectations. On 02 October 2024, Bitcoin was worth around $60k and exactly a year later in the same month it was worth $120k.

Bitcoin price on 02 October 2023, being around $28k. This periodic rise and becoming a store of value means that Bitcoin could potentially reach $1 million in the future.

Source: https://www.tradingview.com/symbols/BTCUSD/?timeframe=60M

[Gachapin]

Some thoughts..


it's actually interesting that many in the WO think that 150k will be a good price to sell some of their corn.

Inflation adjusted that's not even 2x from the last cycle top. That would be 165k (and we know the official inflation numbers are fake..)

So you wait 4 years to part from your coins for a 2x at best.


On the other hand, if we expect a 75% drop from the cycle high (which may never come because of institutions etc), we need to reach 600k or more to not fall below 150k again.

That leaves me with the conclusion that 150k is a good point to sell if you expect to buy back lower..
However there is the risk of no such drop coming... or you miss the train to buy back when it drops below 150k again..

If we only get a 40% drawback (because market has matured a bit) than we might never visit 150k again as long as the cycle top is above 250k which could well be...

means for me... I will sell a bit, but probably not more than 10%

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[hypebrother]

https://youtu.be/8qMlF-YdtEc?si=FAbNSdb8F5bLN4m0

[asUHWEceyc]

numbers are big

but 200 would now be less overheated than 73 in March 24

which only declined around 30% for buyback six months later

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[IceLincoln]

Hopefully this makes sense coming from a seasoned investor with decades of experience...  

From now on when I see posts from BTCETFInvestor, I will need to consider, “ oh?  There must be some validity in that, since he’s “seasoned investor with decades of experience.”

There is nothing seasoned about this man, Just a big arrogant mouth!. Each time I read his comments it makes me not want to believe his claims the more. Experience will teach you Honour and Humility but evidently he lacks both.

https://x.com/BitcoinMagazine/status/1973805906719588462

This huge difference in Bitcoin price really continues to raise expectations for investors and in most cases exceeds expectations. On 02 October 2024, Bitcoin was worth around $60k and exactly a year later in the same month it was worth $120k.

Bitcoin price on 02 October 2023, being around $28k. This periodic rise and becoming a store of value means that Bitcoin could potentially reach $1 million in the future.

Source: https://www.tradingview.com/symbols/BTCUSD/?timeframe=60M

Bitcoin will continue to aim for the moon, keep stacking and hodling.
 We’re about to witness another historical run, soon we’ll break the ATH. I was here last uptober but I didn’t know much, I was on the sidelines but I’m happy to be in the game now.

[OutOfMemory]

I too must say that 120k feels very comfy...

I just hope we rip past $125k this run.

Meatspace, as well as shitposting on X has been occupying much of my time.

Hope everyone is well.

*hugs and kisses*

-Bob

Hey Bob!
Just wanted to post the other day that i miss your humor in this here thread, i'm sure that i'm not alone with this  
The subject got lost somewhere between edits   Fuck ADD!
Nice to know you're up and running, though.

I left twitter more or less.
Their algorithm mostly serves me conspiracy stuff (kirk assasination, aliens and UFOs... WTF?!) though i was never looking on twitter for stuff like that.
Seems Grok is the dumb kid in AI class, too.

[LoyceV]

That leaves me with the conclusion that 150k is a good point to sell if you expect to buy back lower..

I'm terrible at timing the market, so I gave up a long time ago.

[Franklyn-wood]

https://x.com/BitcoinMagazine/status/1973805906719588462

This huge difference in Bitcoin price really continues to raise expectations for investors and in most cases exceeds expectations. On 02 October 2024, Bitcoin was worth around $60k and exactly a year later in the same month it was worth $120k.

Bitcoin price on 02 October 2023, being around $28k. This periodic rise and becoming a store of value means that Bitcoin could potentially reach $1 million in the future.

Source: https://www.tradingview.com/symbols/BTCUSD/?timeframe=60M

This is doubled the price of last year October. This shows that we are in for another double of what we are seeing by next year.
 Let the people in charge pump the price once again.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Searing]

https://x.com/BitcoinMagazine/status/1973805906719588462

This huge difference in Bitcoin price really continues to raise expectations for investors and in most cases exceeds expectations. On 02 October 2024, Bitcoin was worth around $60k and exactly a year later in the same month it was worth $120k.

Bitcoin price on 02 October 2023, being around $28k. This periodic rise and becoming a store of value means that Bitcoin could potentially reach $1 million in the future.

Source: https://www.tradingview.com/symbols/BTCUSD/?timeframe=60M

This is doubled the price of last year October. This shows that we are in for another double of what we are seeing by next year.
 Let the people in charge pump the price once again.

My BTC "Hoard" is 10x the of what it was at he low of 2020....just saying.....as a caution (IMHO) however is that Institutions or those who HODL and move BTC/Crypto for

others and take a fee....will never really HODL long term...with maybe the exception of Strategy....all those fees....all those bonus....all that looking good for managment

for moving/shaking and stirring all that btc/crypto....so if it comes between them looking like they are smarter and make their bonus or selling early rather then HODL

the people 'moving' this btc/crypto around will never really HODL and get out first...it is just (again) human nature....no INDIVIDUALS HODL'ing no issues..even SOME

institutions that HODL btc directly...But as to blackrock...with 'clients' doing so for others...

I kinda think they will get in and out at various times (probably wrong) and let their clients eat

the down end and get fees on the top end FOMO..as a way to keep fees and lessen risk to say blackrock....but meh....I know zip...just how I see it....more volatility due to

institutions...smarter people then me have made this view known...