Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 10109. (Read 26730724 times)

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LoL

Come on, weak hands, continure to sell. You pave the way for a new ATH, just without you! I know pretty well their mentality: "(staring the chart 24/7) Jan-March. "I will wait for prices 2K".... May. "I will wait for 6k"... June. "It is over 13K, I should buy now. It is going to 20K"... One day later, still staring at the chart: It looks awful. I am doomed! I should cut my losses 25% below my investment, because there is no chance  to get near that price ever again".

So, my question for the n00bs is: what are the odds of not reaching 14K again especially after the halving, provided that we hit that price twice already - in 2017 and 2019? I would say pretty close to 100%. I just wonder how the weak hands always lose money joining in massive pumps that usually end bad with a sudden drop and then selling not 1 or 2% but 25-40% and even 84% below their investment point. With such mentality, poverty is knocking on their doors.
...

Regarding the current situation, I think bulls are waiting for the volume to normalize by shaking off the weak hands. This may take some time - from several days to several months. But first, there is a chance for a double bottom at 10300-10500 area and then - boom! A new bull run with series of AYH's. For now RSI shows oversold, and probably bears have no power to destroy this support. But even if they succeed,  I don't think that falling below 10K is bad, since the fools and weak hands will be completely removed and new investors with strong hands will come. I judge from my friends. Finally, they came to the conclusion to invest in Bitcoin and store it on HW, not on exchanges. They are hoping for prices like 6K, but I told them not to wait that much.  Only insane people will sell at 6k, seeing what happened this year.

Babo asks, Fillippone provides:
https://www.bitcoinblockhalf.com/

where is this website? can you share the link please? war clock is amazing for this scope

thank you in advance

Next year today the newly generated daily coin supply will be half of what it is now.

Would I go all in now? No.
But I didn't do it even when it was 5k or 4k.

Keep DCA'ing its on fire sale. %50 down from the ATH. Screams like "DCA me!"

aand 10590

***
https://www.bitcoinblockhalf.com/
***

I see red everywhere.. and i dont like it.
It seems the bull momentum is lost, and the big sellers are winning. 

Please, pass me the hopium. I am in need..

No moon without bumps. Easy, gentlemen, hold fast.

Looks like Bullshit to me.
A couple of guys want to SELL Bitcoin for 75,000 USD.
So what? I could sell 1 BTC for 1,000,000 USD, but this don't make BTC trading at those level.

Please correct me if I am wrong.

Tomorrow I will buy a ticket and fly there. 

Bitcoin price hits $76,000 on Zimbabwe LocalBitcoins.

https://bitcoinist.com/bitcoin-price-hits-75000-on-zimbabwe-localbitcoins/

PM Asteroid Observer

Big sell wall incoming for gold 

https://www.thesun.co.uk/tech/9378480/giant-golden-asteroid-psyche-61-billionaire-nasa-2022/

 

That is interesting. Perhaps it is an old address that someone used to dump miner revenue into or something of that nature that he forgot to update? It looks like the coinage didn't stay in there long before it was moved. Only about 15 mins. Either the owner realised his mistake and moved it pronto or someone else did exactly as you said!

Fuck NGOs. Used to be slavers in the good ol'times. The world makes no sense anymore.

For sure someone is already doing that.
Just a matter to fees attached to the exit transaction to determine who claim the funds.

I found something strange. you guys already know https://keys.lol/ . On page 1 ( https://keys.lol/bitcoin/1 ) there is an address with a 4 week old transaction:

https://www.blockchain.com/btc/address/1LWsLyY2j2mPtYcG9yG2bDFwTWryiJL6sp

someone is stupid enough to use a wallet with a public known private key? perhaps I should monitor these known addresses and automatically transfer away incoming amounts?

QFT

We only need to use the specifier 'Core' when discussing with people who intentionally call shitcoins 'bitcoin' to muddy the waters.

I also agree with the 'no Layer 2 maturity' bit. But surely there's no need for Layer 2 if the highway is wide enough? The grapes are too sour to eat.

+1 WOsMerit

Transition to digital assets all right, but Libra for the plebs seems to have little relation to a blockchain as we  know it. Maybe the "investor token" will be more like it, but it doesn't mean much to me since I don't run one of their permissioned nodes. It could still be good for bitcoin, but the world is too complex to place early bets IMO.

I like Arthur Hayes's take: Libra is an ETF in disguise, except you don't get dividends if it appreciates - you just get a discount on goods and services bought with it.

As it is now, it just looks like a way to replace some old gatekeepers with new ones.

I bend the knee to the kind of Data Crunching/Merit Munching.

Stolfi is another communist who backs Brazilian Workers Party (PT) as an "intellectual". Piece of shit.

As for now the price almost dropped to 10.300$ and everything looks like we will see uptrend again. To be honest, I hope that we will see new ATH again, but with BTC can't sure.

Different indicators show different readings and traders are divided too. I see people talking about new lows and new highs in the price discussions on social media.



For me, 4 hours chart looks bullish and the BTC price should go up to the resistance on 11.300$. We see an obvious flag formation and if it's going to be broken up, then there is a big chance for a strong bull run. Or we are facing a completely opposite scenario when the flag formation will be finished with a break from the bottom.