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

[estenity]

this pattern looks exactly the same like in may, june 2022.

If we go by that, we will reach 72k and then drop to a new low, which will mark the cycle bottom range.

But it could also be that "they" are painting this chart to look exactly the same to lure people into selling

there is today a paper in zerohedge.com showing an inverse relation between KOSPI index of south Korea and BTC price (only accessible through a paywall)
KOSPI index became parabolic up at the same time as the btc price went down...
but now kospi has been falling abruptly this week-end, and at the same time btc price began to increase...we will see if this correlation persists...

https://www.zerohedge.com/the-market-ear/parabolic-moves-never-end-well-kospi-bubble-just-found-out

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

71500

This wonderful time should be enjoyed!

We will touch 72k very soon

it seems cAPSLOCK green hammer act properly

72.4k today right now

[Omj1014]

kraken

Interesting timing on the Fed master account news. If Kraken actually pulls this off, the liquidity shift will be massive. But Gachapin has a point this feels like a classic sell the news setup. We might touch $72k just to liquidate the late longs before a real correction.

[Paashaas]

Coindesk

[philipma1957]

hmm 59k x 1.2= 70.8k


so today is day one of the new bull run

or day one of a bull trap

take your pick fellows

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

hmm 59k x 1.2= 70.8k


so today is day one of the new bull run

or day one of a bull trap

take your pick fellows

actually the low was about 59.9k x 1.2=71.88k still means a chance at a new bull run as of today.

Maybe just maybe JJG wins his bet!

[Gachapin]

maybe this is happening

at least price is goin up

BLACKROCK JUST STARTED BUYING BITCOIN AHEAD OF THE U.S. MARKET OPEN.

THEY'RE BUYING MILLIONS EVERY FEW MINUTES, NONSTOP.

LOOKS LIKE THEY KNOW GOOD NEWS IS COMING

https://x.com/DefiWimar/status/2029123827498615288

[Ermaios]

~ Kraken ~

Yup!
Now recall how the residential liars treated Kraken back in 2018-2019.

@Ermaios - Du bist zu dumm, um  eine andere Sprache als Griechisch zu verstehen. 

Hello my petite Ashkenazi Jew!!!
The only word I didn’t understand off the back of my head was “andere”, and I don’t even speak German.
You know Trump is an Ashkenazi Jew too, right?

Kαι εσύ είσαι ένα πανιβλακέστατo ραμoλιμέντo, πoυ τo μόνo πoυ αναζητά, είναι ψωλές και ψωλαρίδια.

@Ermaios = Aμαθία  (STUPID got humping Greek)

Zong! 1-0
I didn’t even know that you can write it like that, and of course means “ignorance” written either way.
Here is one for you, written as it should, quite fitting actually:

H ημιμάθεια είναι χειρότερη απ’ την αμάθεια.

You were warned, but hey, please prove to me what a donk you really are.

[Gachapin]

can you two please get a room

[ESG]

hmm 59k x 1.2= 70.8k


so today is day one of the new bull run

or day one of a bull trap

take your pick fellows

actually the low was about 59.9k x 1.2=71.88k still means a chance at a new bull run as of today.

Maybe just maybe JJG wins his bet!

73000!

[OgNasty]

hmm 59k x 1.2= 70.8k


so today is day one of the new bull run

or day one of a bull trap

take your pick fellows

actually the low was about 59.9k x 1.2=71.88k still means a chance at a new bull run as of today.

Maybe just maybe JJG wins his bet!

Unlikely. Sure looks to me like everything is repeating itself just as it should. This will be the final bull trap before the last big fall. Then sideways for a few months. Then final capitulation. Then bull market.

“Anything else would be uncivilized.”
- Charles Barkley on the market repeating the four year cycle



As always, I would love to be wrong with my bearish prediction. Unfortunately, I rarely am.

[Lucius]

maybe this is happening

could be fake tho

BLACKROCK JUST STARTED BUYING BITCOIN AHEAD OF THE U.S. MARKET OPEN.

THEY'RE BUYING MILLIONS EVERY FEW MINUTES, NONSTOP.

LOOKS LIKE THEY KNOW GOOD NEWS IS COMING

https://x.com/DefiWimar/status/2029123827498615288

What is not fake is that BTC ETFs (US) have bought around $1.4 billion worth of BTC in the past 5 days, which means that investors have realized that they will not get BTC cheaper than $60k. Realistically speaking, they know that not so long ago the price of 1 BTC was over $120k, which means that they hope that it is possible to achieve this again.

There was also news that Iranian intelligence had initiated talks with the US about stopping the attacks on Iran - realistically, they know that if the attacks continue, they will lose what little they have.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

hmm 59k x 1.2= 70.8k


so today is day one of the new bull run

or day one of a bull trap

take your pick fellows

actually the low was about 59.9k x 1.2=71.88k still means a chance at a new bull run as of today.

Maybe just maybe JJG wins his bet!

Unlikely. Sure looks to me like everything is repeating itself just as it should. This will be the final bull trap before the last big fall. Then sideways for a few months. Then final capitulation. Then bull market.

“Anything else would be uncivilized.”
- Charles Barkley on the market repeating the four year cycle
...

I don't want the badger to be civilized right now

however, I had the same thoughts

this pattern looks exactly the same like in may, june 2022.

If we go by that, we will reach 72k and then drop to a new low, which will mark the cycle bottom range.
...

[BTCETFInvestor]

hmm 59k x 1.2= 70.8k


so today is day one of the new bull run

or day one of a bull trap

take your pick fellows

actually the low was about 59.9k x 1.2=71.88k still means a chance at a new bull run as of today.

Maybe just maybe JJG wins his bet!

73000!

Headed strongly and steadily toward 74,000

[Gachapin]

can we get a 10k candle pls

[AlcoHoDL]

can we get a 10k candle pls

As long as it's not a red one...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com