Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2851. (Read 26717305 times)

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Stonks are finding a bottom and rallying because shit's coming unglued.

What a fkd up world we live in today.

BREAKING: El Salvador opens a Bitcoin embassy in the City of Lugano, Switzerland

Twitter

It's rocket launching speed pump!!!!

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The man walking like a boss…



Loving the new Twitter logo

Bitcoin Price & Tokenomics:

Bitcoin's upward trend appears to be weakening as it fails to break through the major resistance level of $21,000. Unsurprisingly, sellers are entering the market, causing a bearish correction and possibly profit-taking before the weekend.

At $21,000, Bitcoin has completed a 61.8% Fibonacci retracement, and candles closing below this level are causing a bearish correction. The RSI and MACD entered the overbought zone, causing a bearish correction.

In contrast, the 50-day moving average suggests buying above $19,600. As a result, a break of the 61.8% Fibo level has the potential to extend the buying trend to $21,900. If the current upward trend continues, Bitcoin could reach $22,500.

Is the correlation between Bitcoin and US stocks fading?

The price of Bitcoin (BTC) is closely related to the value of equities, notably the value of technology stocks. On a daily timeframe, the connection between Bitcoin, the most valuable cryptocurrency by market capitalization, and the S&P 500, which has a high-tech component, reached 0.73. Over the past week, there has been a divergence from the typical lockstep movements of Bitcoin and equities, with Bitcoin playing catch-up as stock markets cooled. However, with a drop in technology stocks, Bitcoin is also suffering, resulting in a drop in BTC price.

Source: https://cryptonews.com/news/bitcoin-price-prediction-as-btc-prepares-for-30-move-up.htm

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I need a graphic design to create gif's for me LOL
Like now I need a snail is crash landing 🤣

Observing @ $20,150
We are going below $19k again?

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Sometimes I hate scammers everywhere because they really interfere with life, especially in the crypto space where every year there are always cases about scammers. As happened in Singapore last year with a total of 631 Scam Reports for cryptocurrencies that have been received by the police.

The Singapore government has disclosed the number of crypto scams reported to the police in the last three years. “Most cryptocurrency scams are carried out by scammers based outside of Singapore. As such, there is a limit to how much law enforcement agencies in Singapore can do," said Singapore's home minister. Source: https://news.bitcoin.com/singapore-police-received-631-cryptocurrency-scam-reports-in-2021-government-says/

BREAKING: Biden Attorney General calls for expansion in government’s ability to ‘seize and keep’ cryptocurrencies without criminal charges - Forbes.

   Source: https://twitter.com/BTC_Archive/status/1585908413455896576

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What you may not know is that the more Bitcoin is used, the higher the price of Bitcoin. 10 years ago people didn't know much about Bitcoin then Bitcoin was not widely used and then the price of Bitcoin was very low. No one can tell the correct answer to what the price of Bitcoin will be in 2030. I think the price of bitcoin will increase in 2030 because then the usage of bitcoin will increase. The price of Bitcoin depends on the market.

What will be the price of Bitcoin in 2030? Will Bitcoin exist in 2030 or will it be destroyed?

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Looking like $20K might not hold for long. Maybe we’ll see another leg down to squeeze the bulls and set a nice bear trap. With FTX saying they’re developing their own stablecoin, I think there’s potential for several billion dollars to be injected into the market suddenly. It seems like FTX’s savy trading practices are helping to stabilize the 4 year cycle while making Sam insanely wealthy.