Everyone yesterday after the news of the win og greyscale against SEC, was very euphorical, and its ok, but after a day i can say, its not looking so good for us in term of price in the short run.
If after such an important win we only recover a 5% and we start very fast to return into the 27k price and lower, its not a good sign for the short term, i can see us again in the 26/25k for a "long" time like until the end of the year.
The only thing that can cahnge that for me its another new more for the ETF market aprobation or something related.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1748. (Read 26717399 times)
August 30, 2023, 09:21:43 AM
August 30, 2023, 09:05:47 AM
August 30, 2023, 08:39:29 AM
At 58 it must be hard candy, but WOW.
Congrats to Liz.
Congrats to Liz.
August 30, 2023, 08:25:27 AM
Damn... 
Hmm, I don't get it. Who's this cutie? Bitcoin relevant or just necessary eye candy for soon-to-be millionaires?
Liz Hurley at 58.
And yes just eye candy.
August 30, 2023, 08:15:36 AM
Damn...
Hmm, I don't get it. Who's this cutie? Bitcoin relevant or just necessary eye candy for soon-to-be millionaires?
August 30, 2023, 07:50:02 AM
Will it take the wind out of the ETF approval announcement when it happens?
No
I'd also say no. Approvals are usually bullish for price until product launch date, while the launches themselves have always been bearish.
Look at the recent Futures/ETF based launches in Bitcoin's history:
December 2017 CME/CBOE Futures: -83%
September 2019 Bakkt Futures: -60%
October 2021: ProShares ETF -75%
November 2021: VanEck ETF -75%
Sure these ETF applications are different, as it's based on spot ETFs, but I'm not convinced that "this time will be different". At best we only see a 50% correction when price is around $50K-$60K compared to -60% to -80%, as an approval could push prices much higher in the meantime. That would also fit the current cycle with a bear market rally relief rally followed by final pre-halving correction scenario.
Remember the CME/CBOE approvals in August 2017 around $5K? Price went up 4x from there until launch date. So 2x from here doesn't seem out the question.
It's just another buy the rumour sell the news event imo, not much else in the immediate term. Ofc long-term, sure, it's bullish. No arguments there.
August 30, 2023, 07:05:11 AM
Apologies I'm editing in a sec
Thanks for letting me know.
Thanks for letting me know.
The problem is not in the form in which you draw up a link to the source of this picture. The problem is that this topic has been actively discussed over the past few pages and more meaningfully. If you read the thread, you would know...
August 30, 2023, 06:03:20 AM
Apologies I'm editing in a sec
Thanks for letting me know.
Thanks for letting me know.
The problem is not in the form in which you draw up a link to the source of this picture. The problem is that this topic has been actively discussed over the past few pages and more meaningfully. If you read the thread, you would know...
August 30, 2023, 05:38:24 AM
Damn...
August 30, 2023, 03:39:33 AM
Welcome to my ignore spammer.
TRY READING THE FUCKING THREAD BEFORE POSTING YOUR TWATTER SHITLINKS.
Apologies I'm editing in a sec
Thanks for letting me know.
No dont be.. It is informational for other people. Do not bog yourself down with the opinion of these dudes.
On the other note..
MANDELA EFFECT
IM FREAKING OUT
https://youtu.be/N2q62lymKLI?si=e8rynuXQMmXetz2e
August 30, 2023, 03:35:31 AM
Welcome to my ignore spammer.
TRY READING THE FUCKING THREAD BEFORE POSTING YOUR TWATTER SHITLINKS.
Apologies I'm editing in a sec
Thanks for letting me know.
August 30, 2023, 12:50:23 AM
Welcome to my ignore spammer.
TRY READING THE FUCKING THREAD BEFORE POSTING YOUR TWATTER SHITLINKS.
TRY READING THE FUCKING THREAD BEFORE POSTING YOUR TWATTER SHITLINKS.
At least JJG didn't merit it, yet.
FTFY
I might do it just to spite you and some of the other holier than thou, merit czar wannabe twats.
Edit: Ok... I just did.... for "reasons"... not only "spite."
August 30, 2023, 12:02:09 AM
Welcome to my ignore spammer.
TRY READING THE FUCKING THREAD BEFORE POSTING YOUR TWATTER SHITLINKS.
TRY READING THE FUCKING THREAD BEFORE POSTING YOUR TWATTER SHITLINKS.
At least JJG didn't merit it.
EDIT: JJG must be destroyed.
August 29, 2023, 11:59:29 PM
ETF will be approved just in time to justify the real bull run late September 2024.
This is a good theory, could be. Our brains instinctually want to attribute news items to price movements to make them make sense - its comforting - but in reality the price just moves on its own accord. Corn gonna do what it wants.
Where is Nullius BTW? I miss him and his beautiful Greek goddesses...
To quote JJGrungus, "Oh gawd."
August 29, 2023, 11:23:44 PM
he's either using a Mac or he's Nullius' alter-account. Either way, kudos to him.
Me being alt of Nullius would be one hell of a plot twist!
Check my feedback page for reference!
Of course you aren't, it was meant as a semi-joke. Your correction to Jay and the apostrophe comment were the serious part. I pay attention to such details, and appreciate people noticing them.
Where is Nullius BTW? I miss him and his beautiful Greek goddesses...
August 29, 2023, 11:12:44 PM
A nice price jump surprise but I’m wondering if the mtgox disbursement is ever going to happen. Will it take the wind out of the ETF approval announcement when it happens? Are either of those events going to happen before the halving? This seems like the drama that won’t stop. Hopefully in the next 8 months we get all this behind us and can see how high this beast will climb.
ETF will be approved just in time to justify the real bull run late September 2024.
August 29, 2023, 10:22:37 PM
Welcome to my ignore spammer.
TRY READING THE FUCKING THREAD BEFORE POSTING YOUR TWATTER SHITLINKS.
August 29, 2023, 09:43:35 PM
I would love to make an alt account, curious how long it would take to be trapped in here...
Not long fren
Oh gawd....
Each of us should aspire to be just like daddy tildah..
right?
right?
rrrrrrrrrriiiiiiigggggghhhhhhhtttttttt?
August 29, 2023, 09:07:03 PM
Do my eyes deceive me or has ChartBuddy gone back into stasis?
I suppose his work is done here for the moment.
Congrats Phil, you now have a chance to create some breathing room between you and Bud.
Not long fren
I suppose his work is done here for the moment.
Congrats Phil, you now have a chance to create some breathing room between you and Bud.
I would love to make an alt account, curious how long it would take to be trapped in here...
Not long fren
yeah maybe I can get a 3k lead
Jump to: