Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3662. (Read 26708170 times)

legendary
Activity: 2772
Merit: 2846
Guys, if you want to hang around women's bathrooms all day you can simply enrol at the University of Plymouth.
You cannot be stopped apparently.





Are you allowed to bring a sheep?

Are you asking for a friend?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!

German Producer Price Index Hits Record High Inflation of 30.9%
https://bitcoinnews.com/record-high-inflation/

Won't be long until the first Euro Trillionares


Rookie mistake that they removed the 500 Euro bill.  Cool
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug

German Producer Price Index Hits Record High Inflation of 30.9%
https://bitcoinnews.com/record-high-inflation/

Won't be long until the first Euro Trillionares


The ideologs don't care. All they care about at the moment is "Shulzie-boy, why aren't you building more tanks and sending them straight to Ukraine??"
full member
Activity: 196
Merit: 270
sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty

German Producer Price Index Hits Record High Inflation of 30.9%
https://bitcoinnews.com/record-high-inflation/

Won't be long until the first Euro Trillionares
copper member
Activity: 1498
Merit: 1619
Bitcoin Bottom was at $15.4k
As the trend continues to be down since the ATH, you have to wonder if we will see the return to $10K that was the accumulation period before the last big jump. Billionaires are buying in and fighting the cyclical trend, but they appear to be losing. With the purchases between Do Kwon and Michael Saylor, I thought we’d be over $50K by now. If those two weren’t buying, we may already be at $10K. I’d be hesitant to make any moves trading one way or the other here, but I think it would be unwise to assume we can’t see a prolonged price decrease for potentially the next year or two that takes us to test the last held support levels.

2 years? it would be up to the halving, which has not been a historical trend.
10K? it is theoretically possible, i guess, but for that to happen, many 'bad' things would have to happen.
Like, S&P 500 at 1000-1500. Can it get there? Sure, it can in a 2008 repeat. Likely? Not really.

I tend to compare current situation with the 70ies.
During that time, interest rates went up and stocks were in a sine wave with bottoms roughly half of the tops (Dow 1000 to 600) while inflation raged, so inflation adjusted returns were roughly minus 64% from 1971 to 1982.
Check both inflation adjusted and not-inflation-adjusted versions here (the fluctuation between 600 and 1000 is visible only on not-inflation adjusted):

https://www.macrotrends.net/1319/dow-jones-100-year-historical-chart

To conclude, since bitcoin is more like gold and not stonks (and the gold was up in the 70ies), it is unlikely to trip that low.
As far as $22K-sure, it is possible, if we are in the bear market and not in a gigantic flat (between 30 and 60K).
Future will show, but my personal opinion is the 30-60K band/flat.

The only lower amount I believe Bitcoin can hit is realized price i.e. $24.5k, it is also the 200 WMA.
I made a post months before that BTC will retouch 200 WMA and I think there are good percentage of chances for that to happen.

Below that? IDK. I am all-in at 200 WMA, either it be $24 or $28 at the time.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 1092
Merit: 342
WOLFBET.COM - Exclusive VIP Rewards
There is a lot of speculation with respect to the price of Bitcoin, in Bitstamp a BTC decline was recorded at $ 39197, some are reviewing the liquidity pools to see what information can throw them:




Quote
Between spot and $37,500, there was approximately $100 million in bids waiting on Binance, according to an accompanying chart.

"Expecting it to get filled, but watching to see if BTC/USDT liquidity moves to the active buy zone or the buy zone moves to the orders resting on the Binance order book," Material Indicators commented.




Sometimes they try to accommodate things with the NASDAQ and S & P 500 as Loafirman here:

Quote
U.S. Equities Showed No Signs of Slowing Their New Rout, with The Down 1.75% in The First Ninety Minutes' Trading and The Nasdaq 100 Shedding 1.43%.

source: https://cointelegraph.com/news/bitcoin-follows-fresh-us-stocks-dive-as-analysis-expects-btc-price-to-take-37-5k-liquidity

I think that the alternative economy that is generated by BTC, I do not see any correspondance or correlation, however there are authors of article that try to put that information as relevant.

 There are many who are stating that a Wall Street recession will be presented in 2023, and one of the most recommended things is that people should seek quickly protect themselves, either with gold and BTC.

One of the things that can accelerate all this is the growing inflation in the USA, which goes more than 8%, for me are alarming figures, and another factor to consider is that if the conflict between Russia and Ukraine affects all speculative markets.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
The total russian combat losses as of today is approximately:

Personnel ‒ about 21200 persons killed

Tanks ‒ 838

APV ‒ 2162

Artillery systems – 397

MLRS ‒ 138

Anti-aircraft warfare systems ‒ 69

Aircraft – 176

Helicopters – 153

Soft vehicles ‒ 1523

Boats/cutters ‒ 8

Fuel tanks ‒ 76

UAV operational-tactical level ‒ 172

Special equipment ‒ 27

Mobile SRBM systems ‒ 4


The russian offensive is not making any advances worth metioning.

The US is sending 72  155 mm howitzers and 144 000 artillery grenades, and tractors for the howitzers, this is in addition to the howitzers and grenades allready sent. They are also sending 121 newly developed, to Ukranian specs, suicide drones called Phoenix Ghost.
The Netherlands is sending the self propelled howitzer Panzerhaubitse 2000 and France is sending their CAESAR howitzer.

Ukraine is gettin lots of modern western 155 mm artillery, this means that they can use the GPS guided precision grenade Excalibur and the Bofors/Nexter Bonus antitank grenade that releases two homing warheads over the target and hits the weak roof of the tanks. it can reach up to 35 Km, so one fire round (or whatever the english word is) can theoretically wipe out a whole tank company.

The Russians in Mariupol are now digging massgraves for the civilians they have killed, satelite pictures show.

legendary
Activity: 3304
Merit: 8633
icarus-cards.eu
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3990
Merit: 4597
As the trend continues to be down since the ATH, you have to wonder if we will see the return to $10K that was the accumulation period before the last big jump. Billionaires are buying in and fighting the cyclical trend, but they appear to be losing. With the purchases between Do Kwon and Michael Saylor, I thought we’d be over $50K by now. If those two weren’t buying, we may already be at $10K. I’d be hesitant to make any moves trading one way or the other here, but I think it would be unwise to assume we can’t see a prolonged price decrease for potentially the next year or two that takes us to test the last held support levels.

2 years? it would be up to the halving, which has not been a historical trend.
10K? it is theoretically possible, i guess, but for that to happen, many 'bad' things would have to happen.
Like, S&P 500 at 1000-1500. Can it get there? Sure, it can in a 2008 repeat. Likely? Not really.

I tend to compare current situation with the 70ies.
During that time, interest rates went up and stocks were in a sine wave with bottoms roughly half of the tops (Dow 1000 to 600) while inflation raged, so inflation adjusted returns were roughly minus 64% from 1971 to 1982.
Check both inflation adjusted and not-inflation-adjusted versions here (the fluctuation between 600 and 1000 is visible only on not-inflation adjusted):

https://www.macrotrends.net/1319/dow-jones-100-year-historical-chart

To conclude, since bitcoin is more like gold and not stonks (and the gold was up in the 70ies), it is unlikely to trip that low.
As far as $22K-sure, it is possible, if we are in the bear market and not in a gigantic flat (between 30 and 60K).
Future will show, but my personal opinion is the 30-60K band/flat.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
As the trend continues to be down since the ATH, you have to wonder if we will see the return to $10K that was the accumulation period before the last big jump. Billionaires are buying in and fighting the cyclical trend, but they appear to be losing. With the purchases between Do Kwon and Michael Saylor, I thought we’d be over $50K by now. If those two weren’t buying, we may already be at $10K. I’d be hesitant to make any moves trading one way or the other here, but I think it would be unwise to assume we can’t see a prolonged price decrease for potentially the next year or two that takes us to test the last held support levels.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
Lol. German production inflation hits 30.9%

 Grin Grin Grin

German producer prices surge at fastest rate since records began
https://www.ft.com/content/6231877b-796f-4d56-8dc5-cfa0b00248de


Let's shut off some more pipelines and pretend we can use farts as energy.
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
Guys, if you want to hang around women's bathrooms all day you can simply enrol at the University of Plymouth.
You cannot be stopped apparently.





Are you allowed to bring a sheep?

Well no one is allowed to say anything if you do or if you dress up like one so...
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Guys, if you want to hang around women's bathrooms all day you can simply enrol at the University of Plymouth.
You cannot be stopped apparently.

You do realize that you've been in a bathroom with a gay person many times, right?

Explain the relevance?
Jump to: