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

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[JayJuanGee]

[edited out]

Anyway since you mentioned stonks,

I thought that I was attempting to relate any of my side points to bitcoin?  In any case, I will let my earlier post stand, whether any of my various deviations from dee cornz were sufficiently clear or not.

~So I'll be the first to say that, maybe JJG is right, and retrospectively was right, that the cycle ended in 2024. This indicator seems to think that is possible now.

Maybe the cycle ended in 2024.
Maybe it didn't.

Maybe all the indicators are right.

Maybe we're in a supercycle.
At this point, I don't really care. My plan remains unchanged - Bitcoin either reaches my target price, or I'm riding this thing all the way to zero.

I think that some indicators contradict other indicators, so they all cannot be right.  Can they?
I am not even going to proclaim that any of my posts, including this here one, is any more animated or clear-headed than any other person or bot posting in these here parts in recent times.

[xhomerx10]

 The M2 money supply had a bulletproof correlation to Bitcoin's price until @LFC_Bitcoin mentioned it and I opened Schrödinger’s box to look at the chart.  As soon as I did that, the correlation completely collapsed... 10 years of macro data rendered useless just by looking at the chart.  What is this, Quantum Economics?  This price action is all my fault... I shouldn't have looked.

edit: maybe I should stop openly talking about my dislike of cats.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[LFC_Bitcoin]

The M2 money supply had a bulletproof correlation to Bitcoin's price until @LFC_Bitcoin mentioned it and I opened Schrödinger’s box to look at the chart.  As soon as I did that, the correlation completely collapsed... 10 years of macro data rendered useless just by looking at the chart.  What is this, Quantum Economics?  This price action is all my fault... I shouldn't have looked.

edit: maybe I should stop openly talking about my dislike of cats.

Unfortunately all these models fail eventually. It’s just so annoying that they seem to fail with Bitcoin falling below their path, rather than failing because we blast to the moon and invalidate them.

Stick to flow - DEAD
M2 correlation - DEAD
Power law - DYING

I’m as guilty as anybody for following these guys with their models but really they’re all proven to be full of shit.
Just bring me >180k in 2029.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[vapourminer]

I opened Schrödinger’s box to look

says you. might be more likely Schrödinger opened the box and found us.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

The M2 money supply had a bulletproof correlation to Bitcoin's price until @LFC_Bitcoin mentioned it and I opened Schrödinger’s box to look at the chart.  As soon as I did that, the correlation completely collapsed... 10 years of macro data rendered useless just by looking at the chart.  What is this, Quantum Economics?  This price action is all my fault... I shouldn't have looked.

edit: maybe I should stop openly talking about my dislike of cats.

The asset is small enough for wealthy people to fuck with.

So they read the w.o. and fuck with it.

Don't feel bad Biodom and I rage against 4 year price cycle and they love to force that on. us by playing btc prices like a yo-yo

[AlcoHoDL]

The M2 money supply had a bulletproof correlation to Bitcoin's price until @LFC_Bitcoin mentioned it and I opened Schrödinger’s box to look at the chart.  As soon as I did that, the correlation completely collapsed... 10 years of macro data rendered useless just by looking at the chart.  What is this, Quantum Economics?  This price action is all my fault... I shouldn't have looked.

edit: maybe I should stop openly talking about my dislike of cats.

Unfortunately all these models fail eventually. It’s just so annoying that they seem to fail with Bitcoin falling below their path, rather than failing because we blast to the moon and invalidate them.

Stick to flow - DEAD
M2 correlation - DEAD
Power law - DYING

I’m as guilty as anybody for following these guys with their models but really they’re all proven to be full of shit.
Just bring me >180k in 2029.

Hahaha... Only 4-year cycles are still alive and kicking! And they DGAF about our feelings. Just ask Sparkle Chubby Fairy. She knows.

Sorry, Biodom, I just couldn't resist!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

The M2 money supply had a bulletproof correlation to Bitcoin's price until @LFC_Bitcoin mentioned it and I opened Schrödinger’s box to look at the chart.  As soon as I did that, the correlation completely collapsed... 10 years of macro data rendered useless just by looking at the chart.  What is this, Quantum Economics?  This price action is all my fault... I shouldn't have looked.

edit: maybe I should stop openly talking about my dislike of cats.

Unfortunately all these models fail eventually. It’s just so annoying that they seem to fail with Bitcoin falling below their path, rather than failing because we blast to the moon and invalidate them.

Stick to flow - DEAD
M2 correlation - DEAD
Power law - DYING

I’m as guilty as anybody for following these guys with their models but really they’re all proven to be full of shit.
Just bring me >180k in 2029.

Hahaha... Only 4-year cycles are still alive and kicking! And they DGAF about our feelings. Just ask Sparkle Chubby Fairy. She knows.

Sorry, Biodom, I just couldn't resist!

Musk follows my every word on the w.o. as does Mr v.  That prick Mr v still owes me 2 eth.


Completely, changing subject did anyone catch that the rescue drone for the USN helicopter pilots was sporting a corsair logo.

Impressive that gaming gear is now saving military.

[ChartBuddy]

Explanation
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[xhomerx10]

I opened Schrödinger’s box to look

says you. might be more likely Schrödinger opened the box and found us.

 Fair point, though if the cat was also inside the box with us, I would definitely be dead long before it was opened and the experiment would be a bust.  I actually love cats; my immune system has a different take.  For some reason, as I aged, I developed a severe allergy to cats and since both of my sisters have at least two each, I took nearly two years of injections as a treatment just so I didn't need a rescue inhaler to visit.  I still have to keep my distance though as the treatment doesn't work so well for the eyes.

 Since I've already said too much...
 Before I got the treatments, I was able to pick out the people who had cats as pets just by being a few feet away from them.  One day during a meeting with three other people, I had a particularly strong reaction and while I still felt the tickle in my lungs, the left side of my face felt hot as well.  I said out loud, "Okay, I'm detecting multiple cats today..." as I turned to my left.  The guy I looked at said, "I have three cats".  As I turned back around, the guy in front of me said "Oh my god!  One side of your face is all red!"  We had all been on a job just before that and I had a slight sweat going which always me things worse for me because whatever those particles are would stick to my sweaty skin.  Anyway, this is starting to sound like a romance novel...

[ESG]

Trump threatens to seize Iran’s oil export terminal Kharg Island and
take ‘total control’ of its energy industry

• President Donald Trump said the U.S. military will attack Iran “VERY HARD TONIGHT.”
• The U.S. will soon take over the country’s “oil infrastructure points” and its oil and gas markets, Trump said in a Truth Social post.
• Trump compared the forthcoming action to the U.S. operations in Venezuela, “which is working out brilliantly for both Venezuela and the United States of America,” he wrote.

Short contracts bitfinex growing..., and market dynamics is weird...
BTC at 63K$ Defending himself from the attacks.

BCO around 95$, and GC1 falling , 4100$

Really the negotiations were going very well.