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

[Gachapin]

I like the reference to the chart!

You can only send 50 merit to a given user per 30 days. You have already sent 50 merit to that user.

Shit.

damn I totally forgot to thank you for filling up my tank!

Thanks!!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

McDonald's to use ai for drive through windows as seen on ABC tv.

Found this link


https://technologymagazine.com/articles/how-mcdonalds-is-using-ai-to-boost-efficiency-and-workflows

What is the w.o. to do? When btc drops to 49k.

[Hueristic]

I like the reference to the chart!

You can only send 50 merit to a given user per 30 days. You have already sent 50 merit to that user.

Shit.

damn I totally forgot to thank you for filling up my tank!

Thanks!!

No thanks needed, you deserve it.

[Hueristic]

McDonald's to use ai for drive through windows as seen on ABC tv.

Found this link


https://technologymagazine.com/articles/how-mcdonalds-is-using-ai-to-boost-efficiency-and-workflows

What is the w.o. to do? When btc drops to 49k.

Moar bacon on ice cream plz.

[OutOfMemory]

McDonald's to use ai for drive through windows as seen on ABC tv.

Found this link


https://technologymagazine.com/articles/how-mcdonalds-is-using-ai-to-boost-efficiency-and-workflows

What is the w.o. to do? When btc drops to 49k.

KFC FTW! 

[Biodom]

Figured I'd post the failed progression ones as well considering its literally taking retarded resources to generate these things.

Love it, especially the roundabout detail  !

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[goldkingcoiner]

One of these days, a neutron bomb is going to go off, and all that will be left on these forums is ChartBuddy and Buddy Blocker posts...

Edit: Gunna work to remove derivatives reporting from the bot. Insignificant for our purposes. The numbers it generated in the last report were laughable

A neutron bomb? That's scary.

Now a cobalt bomb.... That is true horror.

[7788bitcoin]

~
$850k in 2034 will be epic.

But it won't be easy.

Here's a quiz:

$1k, $20k, $69k, $126k, ?, ?

Of course, the universe is non-linear, and "this time, or the next, could be different," so I do think $1M in 2034 is a reasonable expectation.

$1k, $20k, $69k, $126k, $230k to $240k, $400k to $420k....

Taking the fiat inflation into account, it is reasonable.  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[CryptoYar]

McDonald's to use ai for drive through windows as seen on ABC tv.

Found this link


https://technologymagazine.com/articles/how-mcdonalds-is-using-ai-to-boost-efficiency-and-workflows

What is the w.o. to do? When btc drops to 49k.

Sir, this is a Wendy’s, please stop asking for Bitcoin. 

[cAPSLOCK]

One of these days, a neutron bomb is going to go off, and all that will be left on these forums is ChartBuddy and Buddy Blocker posts...

Edit: Gunna work to remove derivatives reporting from the bot. Insignificant for our purposes. The numbers it generated in the last report were laughable

A neutron bomb? That's scary.

Now a cobalt bomb.... That is true horror.

That's some premium hi-test GenX crouched under the desk nightmare fuel.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

So we swept the lows, temporarily faked out the bears, and closed back above the 200 Week MA ($61,825), Weekly Close: $63,300. These things all happened, even if only subjectively relevant.

Does this make me delusional for thinking we bounce back to $80-90K, before correcting back down to the 200 WMA at around ~$65K (based on current trajectory) over the next few months ?

Either that, or this week is going to be even more nasty that last week. But I will say this is starting to remind me of the fake-out candles in August/September 2024 below $60K. Granted that was based on different momentum, it was consolidation in a bull trend, rather than consolidation in a bear trend. The counter to that is that this is more like $30K level in May 2022: a previous support level that once broken, plummeted the market by 40%, followed by the eventual 50%. The TA does undeniably target $30K from effectively a two-year long head and shoulders pattern. If we do successfully break below $60K, I won't rule it out, but first that level actually has to be broken.

There is otherwise little to no hope for the short-term bullish speculators at present: no bullish divergence on longer time-frames, no strong bounce as of yet, we are merely flirting with lower lows. The cycle remains intact.

well 63k is better than 59k but it still looks like we drop under 49 k some time this year. oh well

I was stumbling over a survey's result where crypto owners (private) were asked about their expectations.
Key takeaways: $850k in 2034, $26k in 2026, followed by $80k at the end of the year, 17% wanted to strictly hodl, the majority is trying to sell high, buy low (60%) but want to keep Bitcoin in the end, while only few were looking to sell their corn for fiat (5%). With the rest being some "i aint sure yet" votes.

Personally, i think $26k is a bit low, but this was the lowest price expectation, while $850k in 2034 was the answer of the one(s) with the most hopium.

$850k in 2034 will be epic.

But it won't be easy.

Here's a quiz:

$1k, $20k, $69k, $126k, ?, ?

Of course, the universe is non-linear, and "this time, or the next, could be different," so I do think $1M in 2034 is a reasonable expectation.

The 'cyclists' math points to $153-180k, then $108K... this is the "math" of "always at least a 70% decline, followed by progressively diminishing upside as per prior cycles".
You might have noticed that is "grows" backwards.
Hence, we need to break the cycles in the next 0-36 mo.

Powerlaw numbers: 450-452k by Sept 2029 and 159-162K "floor" (minimal number)-so a floor of powerlaw and "cyclists" 153-180k number are similar, however, for 2033, they are drastically different: 1270K/450K for powerlaw (Sept 2033) vs $108K for the "cyclists".

We shall see the results dichotomy after about 2030.
Powerlaw:
https://charts.bitbo.io/long-term-power-law/

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

So we swept the lows, temporarily faked out the bears, and closed back above the 200 Week MA ($61,825), Weekly Close: $63,300. These things all happened, even if only subjectively relevant.

Does this make me delusional for thinking we bounce back to $80-90K, before correcting back down to the 200 WMA at around ~$65K (based on current trajectory) over the next few months ?

Either that, or this week is going to be even more nasty that last week. But I will say this is starting to remind me of the fake-out candles in August/September 2024 below $60K. Granted that was based on different momentum, it was consolidation in a bull trend, rather than consolidation in a bear trend. The counter to that is that this is more like $30K level in May 2022: a previous support level that once broken, plummeted the market by 40%, followed by the eventual 50%. The TA does undeniably target $30K from effectively a two-year long head and shoulders pattern. If we do successfully break below $60K, I won't rule it out, but first that level actually has to be broken.

There is otherwise little to no hope for the short-term bullish speculators at present: no bullish divergence on longer time-frames, no strong bounce as of yet, we are merely flirting with lower lows. The cycle remains intact.

well 63k is better than 59k but it still looks like we drop under 49 k some time this year. oh well

I was stumbling over a survey's result where crypto owners (private) were asked about their expectations.
Key takeaways: $850k in 2034, $26k in 2026, followed by $80k at the end of the year, 17% wanted to strictly hodl, the majority is trying to sell high, buy low (60%) but want to keep Bitcoin in the end, while only few were looking to sell their corn for fiat (5%). With the rest being some "i aint sure yet" votes.

Personally, i think $26k is a bit low, but this was the lowest price expectation, while $850k in 2034 was the answer of the one(s) with the most hopium.

$850k in 2034 will be epic.

But it won't be easy.

Here's a quiz:

$1k, $20k, $69k, $126k, ?, ?

Of course, the universe is non-linear, and "this time, or the next, could be different," so I do think $1M in 2034 is a reasonable expectation.

The 'cyclists' math points to $153-180k, then $108K... this is the "math" of "always at least a 70% decline, followed by progressively diminishing upside as per prior cycles".
You might have noticed that is "grows" backwards.
Hence, we need to break the cycles in the next 0-36 mo.

Powerlaw numbers: 450-452k by Sept 2029 and 159-162K "floor" (minimal number)-so a floor of powerlaw and "cyclists" 153-180k number are similar, however, for 2033, they are drastically different: 1270K/450K for powerlaw (Sept 2033) vs $108K for the "cyclists".

We shall see the results dichotomy after about 2030.
Powerlaw:
https://charts.bitbo.io/long-term-power-law/

We're not necessarily disagreeing (I hope you can see that), and I'm not a "cyclist", I'm trying to interpret what I observe. I hate cycles in their current form and intensity, and I wish they are gone forever. That's why I made that post -- read my last line.

My "wishful prediction" of $1M in 2034 makes this clear -- I hope.

However, any observed 4-year periodicity is evidence that supports 4-year cycles. You can call them "diminishing cycles", "mutated cycles", "cycle traces" or whatever. And I wouldn't mind observing a 4-year periodicity, while the price skyrockets. Think of a rising curve that's modulated by a decaying sine wave with a period of 4 years. It would look similar to the Power Law curve in your link. And I wouldn't mind that at all.

[Gachapin]

So we swept the lows, temporarily faked out the bears, and closed back above the 200 Week MA ($61,825), Weekly Close: $63,300. These things all happened, even if only subjectively relevant.

Does this make me delusional for thinking we bounce back to $80-90K, before correcting back down to the 200 WMA at around ~$65K (based on current trajectory) over the next few months ?

Either that, or this week is going to be even more nasty that last week. But I will say this is starting to remind me of the fake-out candles in August/September 2024 below $60K. Granted that was based on different momentum, it was consolidation in a bull trend, rather than consolidation in a bear trend. The counter to that is that this is more like $30K level in May 2022: a previous support level that once broken, plummeted the market by 40%, followed by the eventual 50%. The TA does undeniably target $30K from effectively a two-year long head and shoulders pattern. If we do successfully break below $60K, I won't rule it out, but first that level actually has to be broken.

There is otherwise little to no hope for the short-term bullish speculators at present: no bullish divergence on longer time-frames, no strong bounce as of yet, we are merely flirting with lower lows. The cycle remains intact.

well 63k is better than 59k but it still looks like we drop under 49 k some time this year. oh well

I was stumbling over a survey's result where crypto owners (private) were asked about their expectations.
Key takeaways: $850k in 2034, $26k in 2026, followed by $80k at the end of the year, 17% wanted to strictly hodl, the majority is trying to sell high, buy low (60%) but want to keep Bitcoin in the end, while only few were looking to sell their corn for fiat (5%). With the rest being some "i aint sure yet" votes.

Personally, i think $26k is a bit low, but this was the lowest price expectation, while $850k in 2034 was the answer of the one(s) with the most hopium.

$850k in 2034 will be epic.

But it won't be easy.

Here's a quiz:

$1k, $20k, $69k, $126k, ?, ?

Of course, the universe is non-linear, and "this time, or the next, could be different," so I do think $1M in 2034 is a reasonable expectation.

The 'cyclists' math points to $153-180k, then $108K... this is the "math" of "always at least a 70% decline, followed by progressively diminishing upside as per prior cycles".
You might have noticed that is "grows" backwards.
Hence, we need to break the cycles in the next 0-36 mo.

Powerlaw numbers: 450-452k by Sept 2029 and 159-162K "floor" (minimal number)-so a floor of powerlaw and "cyclists" 153-180k number are similar, however, for 2033, they are drastically different: 1270K/450K for powerlaw (Sept 2033) vs $108K for the "cyclists".

We shall see the results dichotomy after about 2030.
Powerlaw:
https://charts.bitbo.io/long-term-power-law/

I don't know much about the S-curve,

but one might argue that we are entering the horizontal area of it, and that we might stay there for 2 cycles or so. In that case, we wouldn't go much higher. But yes, at least the 70% draw downs must be compensated for. And also it would break the cycles.

Many parts of the cycles are already broken. The timing is still intact though. IMO we are seeing believers acting on it without much of it being actually left.

Like pavlovian dogs acting on signals without actual food being there.

[philipma1957]

So we swept the lows, temporarily faked out the bears, and closed back above the 200 Week MA ($61,825), Weekly Close: $63,300. These things all happened, even if only subjectively relevant.

Does this make me delusional for thinking we bounce back to $80-90K, before correcting back down to the 200 WMA at around ~$65K (based on current trajectory) over the next few months ?

Either that, or this week is going to be even more nasty that last week. But I will say this is starting to remind me of the fake-out candles in August/September 2024 below $60K. Granted that was based on different momentum, it was consolidation in a bull trend, rather than consolidation in a bear trend. The counter to that is that this is more like $30K level in May 2022: a previous support level that once broken, plummeted the market by 40%, followed by the eventual 50%. The TA does undeniably target $30K from effectively a two-year long head and shoulders pattern. If we do successfully break below $60K, I won't rule it out, but first that level actually has to be broken.

There is otherwise little to no hope for the short-term bullish speculators at present: no bullish divergence on longer time-frames, no strong bounce as of yet, we are merely flirting with lower lows. The cycle remains intact.

well 63k is better than 59k but it still looks like we drop under 49 k some time this year. oh well

I was stumbling over a survey's result where crypto owners (private) were asked about their expectations.
Key takeaways: $850k in 2034, $26k in 2026, followed by $80k at the end of the year, 17% wanted to strictly hodl, the majority is trying to sell high, buy low (60%) but want to keep Bitcoin in the end, while only few were looking to sell their corn for fiat (5%). With the rest being some "i aint sure yet" votes.

Personally, i think $26k is a bit low, but this was the lowest price expectation, while $850k in 2034 was the answer of the one(s) with the most hopium.

$850k in 2034 will be epic.

But it won't be easy.

Here's a quiz:

$1k, $20k, $69k, $126k, ?, ?

Of course, the universe is non-linear, and "this time, or the next, could be different," so I do think $1M in 2034 is a reasonable expectation.

The 'cyclists' math points to $153-180k, then $108K... this is the "math" of "always at least a 70% decline, followed by progressively diminishing upside as per prior cycles".
You might have noticed that is "grows" backwards.
Hence, we need to break the cycles in the next 0-36 mo.

Powerlaw numbers: 450-452k by Sept 2029 and 159-162K "floor" (minimal number)-so a floor of powerlaw and "cyclists" 153-180k number are similar, however, for 2033, they are drastically different: 1270K/450K for powerlaw (Sept 2033) vs $108K for the "cyclists".

We shall see the results dichotomy after about 2030.
Powerlaw:
https://charts.bitbo.io/long-term-power-law/

I don't know much about the S-curve,

but one might argue that we are entering the horizontal area of it, and that we might stay there for 2 cycles or so. In that case, we wouldn't go much higher. But yes, at least the 70% draw downs must be compensated for. And also it would break the cycles.

Many parts of the cycles are already broken. The timing is still intact though. IMO we are seeing believers acting on it without much of it being actually left.

Like pavlovian dogs acting on signals without actual food being there.

Too many with this 4 year price belief

 what goes up must come down

Bla bla bla.


Oh did Saylor sell 32btc and get a 10,000 dollar drop?

And he purchased 1000 coins today for a good discount?


Or am I wrong?