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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

Bitcoin climbed to a one-month high above $73,000 as more than $680 million flowed into spot bitcoin exchange-traded funds (ETFs) on Monday and Tuesday.

Suck it up JJG! Spot Bitcoin ETFs are good for BTC hodlers!

Don't attribute the Pump to ETF inflows
It has nothing to do with it
Rather it's more of reaction towards a preconceived action.

My thought is it may be an incorrect reaction as well.

[philipma1957]

well 73k+ is better than a 59.8k dip

and it qualifies as day 1 of a new bull run if we can stay above 72k.

Which would crush the 4 year cycle pattern for once and for all.

Of course it may be a bull trap and the worst is yet to come (OgNasty belief system)

[Ermaios]

I think the SEC AND THESE MULTI-TRILLION DOLLAR FINANCIAL FIRMS ABSOLUTELY KNOW A WHOLE LOT MORE THAN YOU!!!  Dontcha kinda think?
Morgan Stanley operates in 42 countries, Blackrock operates in over 100 countries, and Fidelity operates in over 25 countries. The combined assets managed by Morgan Stanley, BlackRock, and Fidelity total approximately $23 trillion. Don't you think they all might know more than little ole you? Damn right they do! You don't know shit compared to them!

Hahahaha, come on Ognasty, give it up!
The above … sounds like your 28 years of being right about everything.
Nobody gives a fuck about the scumbags you represent.

Get off that riding stick of yours, and just wait for your afternoon session, dah.

[BTCETFInvestor]

Bitcoin climbed to a one-month high above $73,000 as more than $680 million flowed into spot bitcoin exchange-traded funds (ETFs) on Monday and Tuesday.

Suck it up JJG! Spot Bitcoin ETFs are good for BTC hodlers!

Don't attribute the Pump to ETF inflows
It has nothing to do with it
Rather it's more of reaction towards a preconceived action.

My thought is it may be an incorrect reaction as well.

Not saying it was solely the reason, but it definitely helped - as will future inflows to spot Bitcoin ETFs.  

[cAPSLOCK]

Bitcoin climbed to a one-month high above $73,000 as more than $680 million flowed into spot bitcoin exchange-traded funds (ETFs) on Monday and Tuesday.

Suck it up JJG! Spot Bitcoin ETFs are good for BTC hodlers!

Don't attribute the Pump to ETF inflows
It has nothing to do with it
Rather it's more of reaction towards a preconceived action.

My thought is it may be an incorrect reaction as well.

Not saying it was solely the reason, but it definitely helped - as will future inflows to spot Bitcoin ETFs.  

You will never see me complain about the price going up.  I store a large percentage of my meager savings in a speculative technology.  Because it's wild... because it's free... because it can't be stopped.

It's funny, some of my econ-minded friends will chide me.  They literally think I'm stupid and lucky.  And they're right do some extent, I think.  But they go down the list. It's not FDIC insured. The government will never let it succeed. It's too volatile to be used as a currency. It's a Ponzi scheme. It is at best a speculative asset. It's not even like gold. It has no technological use and still like Jamie Diamond just this week. Bla bla bla blockchain.

[Paashaas]

X

[cAPSLOCK]

I am going to start a campfire drum circle!

Calling on the spirits to guide Bitcoin towards its destiny of glory and other big words.

And I'm gonna keep doing this until y'all snuckers learn how to talk like adults.

|:  Boooom boom boom tap! Ba boom boom TAP.!  :|

[JayJuanGee]

kraken

Paashaas, my favorite hopium dealer this year

Funny, right?

Was it last year? or the year before?  That Paashaas was seeming to be one of the biggest bear turd that ever did live.. .. hahahahahaha..

He must have had bought back the various coins (too many too soon) that he sold in the mid $30ks (that would have had been in late 2023 or early 2024 that he made that sale of too many cornz too soon, so he was a pain in the ass through much of 2024 -perhaps the Trump pump knocked the senses back in him..    )..

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

From those options, I choose bull run, even though I recognize that our current status could end up being either.  We would likely need to get into the $80ks  and perhaps even the mid-$80ks before we might be able to have confidence in ruling out the bull trap option... even though in bitcoin, we have had times in which the price went up quite humungously and then ended up largely retracing back a large portion back to where it had been prior to the price run.  Remember April to June 2019 when we went up right around 3.5x from $4,200 to $13,880, but then we retraced back into the lower $7ks by the end of October 2019.

[edited out]

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!

Close to impossible - merely 28 days remaining in the first quarter.  

I might put the odds just below 1.5%.. and even that might be a wee bit too generous.

I might even be willing to enter into a bet to hedge my other bet.  hahahahaha.. cut the looses.

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

Too bad for ur lil selfie that you overly hedge in the direction of selling too much coin too soon, and then you don't buy back because you are too ignorant and/or greedy.

Think about having one of the best, if not the best, investments in front of yourself, yet you choose to try to pick up nickles in front of a steamroller.

Know it all traders have issues, and they even have tendencies to repeat mistakes that they had already made.. think about your 2017 fuck up.. but hey this time is different, right? and you supposedly learned from 2017, right?  

Hahahaha

You could have had way more than 200 coins but instead you are fucking around with somewhere in the ballpark of 20, and even that is a generous interpretation given your ongoing level of demonstrated dumb.

[OgNasty]

well 73k+ is better than a 59.8k dip

and it qualifies as day 1 of a new bull run if we can stay above 72k.

Which would crush the 4 year cycle pattern for once and for all.

Of course it may be a bull trap and the worst is yet to come (OgNasty belief system)

My 4-year cycle belief system is a gauge to sell, but that time has passed and was proven to be astonishingly accurate.  It should be noted that I am a super-bull who is regularly buying Bitcoin, selling silver for Bitcoin, making eloquent thought out forum posts for Bitcoin, and expect that we see a new all time high in but a few short years.  I don't recommend that people ever sell Bitcoin except in every fourth year: 2013, 2017, 2021, 2025, 2029, etc.  So I am in fact a buyer currently (unlike JJG who will sell off 4% of his stack this year), have been for several months, and plan to be for another couple of years even though I do expect we will see the cycle bottom in Q3 of this year.  Can I be back in the cool kids club now?

[cAPSLOCK]

X

I over merited you for this just based on current events and shit.

But that really does speak to my inner permabull.

I don't know how long it will take but we converge on a point where great big rises and great big falls are both changing frequency and amplitude.  An asymptotic ballet, where a number just is always going up a little at a time.

Selah.

I think I took too much of the blue pill this morning. Or was it the red one? I can't remember.

https://youtu.be/pq-jEHZ-EFc

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

well 73k+ is better than a 59.8k dip

and it qualifies as day 1 of a new bull run if we can stay above 72k.

Which would crush the 4 year cycle pattern for once and for all.

Of course it may be a bull trap and the worst is yet to come (OgNasty belief system)

My 4-year cycle belief system is a gauge to sell, but that time has passed and was proven to be astonishingly accurate.  It should be noted that I am a super-bull who is regularly buying Bitcoin, selling silver for Bitcoin, making eloquent thought out forum posts for Bitcoin, and expect that we see a new all time high in but a few short years.  I don't recommend that people ever sell Bitcoin except in every fourth year: 2013, 2017, 2021, 2025, 2029, etc.  So I am in fact a buyer currently (unlike JJG who will sell off 4% of his stack this year), have been for several months, and plan to be for another couple of years even though I do expect we will see the cycle bottom in Q3 of this year.  Can I be back in the cool kids club now?

I guess if you can figure out who's in charge of the Cool Kids Club, I don't know anything about it. I think it's fine out here.

[Richy_T]

It's funny, some of my econ-minded friends will chide me.  They literally think I'm stupid and lucky.  And they're right do some extent, I think.

I subscribe to the "Luck is where preparation meets opportunity" point of view. I spent several decades and many late nights (and not a small amount of money) learning things that prepared me to recognize Bitcoin for what it was (though even then, I nearly missed it). It's not unlike "You're not paying me to make the mark, you're paying me to know where to make it"

[cAPSLOCK]

It's funny, some of my econ-minded friends will chide me.  They literally think I'm stupid and lucky.  And they're right do some extent, I think.

I subscribe to the "Luck is where preparation meets opportunity" point of view. I spent several decades and many late nights (and not a small amount of money) learning things that prepared me to recognize Bitcoin for what it was. It's not unlike "You're not paying me to make the mark, you're paying me to know where to make it"

I don't think it's going to be all the way up on my list, but since Heaven will be happening for eternity, I am eventually going to get to ask the question, "God, how much Bitcoin did I evaporate playing with lightning nodes over the years?"

[Richy_T]

I don't think it's going to be all the way up on my list, but since Heaven will be happening for eternity, I am eventually going to get to ask the question, "God, how much Bitcoin did I evaporate playing with lightning nodes over the years?"

I'm kind-of sad I turned my miner off when it became unprofitable.

Though given multipool poofed, possibly not so much. I guess no one was using them as there wasn't much fuss.

[cAPSLOCK]

My 4-year cycle belief system is a gauge to sell, but that time has passed and was proven to be astonishingly accurate.  It should be noted that I am a super-bull who is regularly buying Bitcoin, selling silver for Bitcoin, making eloquent thought out forum posts for Bitcoin, and expect that we see a new all time high in but a few short years.  I don't recommend that people ever sell Bitcoin except in every fourth year: 2013, 2017, 2021, 2025, 2029, etc.  So I am in fact a buyer currently (unlike JJG who will sell off 4% of his stack this year), have been for several months, and plan to be for another couple of years even though I do expect we will see the cycle bottom in Q3 of this year.  Can I be back in the cool kids club now?

Also, LFC is another human being that I have a great respect for in his ability to actually move coins back and forth in a way that takes advantage of what we have seen emerge as a pattern in the graphs.

I could say I'm jealous of the ability and I am, but I'm also very happy with my strategy, which is just to hold still.

[JayJuanGee]

It seems we have been graced with a pump. Or as JayJuanGee would say: a pump.

That one flew over my head.

Suck it up JJG! Spot Bitcoin ETFs are good for BTC hodlers!

I will suck it up and recognize that spot bitcoin ETFs exist, yet that is not a change in my position, since I already knew that they existed in the USA markets as of January 2024, and they had already existed in some other locations (Canada and perhaps one or two other markets) prior to January 2024. 

Another thing that many of us involved in dee cornz (probably before you were even born, since you are such a newbie to bitcoin, and you don't even seem to know what it is) knew for several months prior to the spot bitcoin ETFs going live was that the bitcoin pumpening that started in and around October 2023 was likely a pretty strong sign that the November 2022 bottom of $15,479 was "in."

So, yeah, a lot of us actual bitcoiners were already quite mature in our recognition of both dee cornz and the USA-based spot bitcoin ETF's effects on the market way before you were even born (in the peripheral spaces around bitcoinlandia).  Perhaps at some point you might actually learn what is bitcoin.. perhaps? perhaps?  to the extent that we can believe anything that comes out of the postings from your current shill/PsyOp forum account.

#BTC.is.the.CBDC.backbone
#Jew.world.currency

This is confusing.

Sure we know that governments are currently trying to co-opt both bitcoin and various stable coins - especially USDT in recent times, yet that does not cause bitcoin to be "the CBDC backbone."

You need some better analysis and evidence to support those kinds of seemingly ignorant assertions.

After all these years fucking around and trolling the forum (this thread especially), you still seem to have no fucking clues about what is bitcoin?   

[Paashaas]

live feed from Michael Saylor's Strategy daily Bitcoin accumulation.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com