Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3540.

LFC_Bitcoin

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@DylanLeClair_
A #bitcoin dip down to it's realized price (average on-chain cost basis) is entirely possible and has been consistent with previous market bottoms in bear market cycles.

Realized price is $24.3k at the moment.

[1/3]

https://twitter.com/dylanleclair_/status/1523579493926899712?s=21

@DylanLeClair_
Here is a standardized ratio between market price and realized price (market value to realized value - MVRV).

24k would be in the green zone.

Again, dips to/below realized price have historically signaled a capitulation style bear market bottom is in (or close).

[2/3]

@DylanLeClair_
Going back to December, I outlined this possibility and prefaced it with the opinion that it's unlikely to occur unless a significant liquidity crises emerged in legacy markets.

Well, it looks like we're getting one.

Stay safe out there.

[3/3]
https://twitter.com/dylanleclair_/status/1523579497928617985?s=21

Finger on the trigger over the next 12 months boys. Be ready to get fiat onto exchanges.

ivomm

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All good things to those who wait

This is another historic long squeeze in the last weeks. And they continue to build up trying to catch the knife. Do they realize that even if the price rebounds sharply up, this is usually preceeded by a sharper dip which will liquidate them all? But what do I know, I'm sitting only on a 10x profit just by not participating in the market volatility. Wink

LFC_Bitcoin

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Bought some back in the $33,xxx range. Almost a 50% discount from where I sold a certain amount. Thanks for the cheap coins, paper hands.

ChartBuddy

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Sayeds56

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Eloncoin.org - Mars, here we come!

Quote from: danadc on May 08, 2022, 11:57:50 AM

The best price for BTC that I like is obviously $100K, in this article they rely on it, for them it is more feasible to reach $ 100K faster than at $30K:

According to Credible Crypto:

Quote

In a video using Elliott Waves, Credible Crypto thus mapped out a move to a new macro top of between $100,000 and $200,000 for BTC/USD before a drawdown which could take liquidity at $30,000 or under.

and:

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“But again, based on market context and everything else that I’ve seen, I think that’s a little bit more unlikely; I think it’s a lot more likely that we leave these lows untapped and simply continue up.”

Source: https://cointelegraph.com/news/more-likely-btc-price-will-hit-100k-before-bitcoin-sweeps-30k-lows-forecast-says

It is not that it is very positive, but if it is very feasible that it occurs, most of the analysis gives BTC to reach a price of $32K even $30K, I think this analysis is closer to what reality is.

Your TA looks very logical in historical context because area from 29K to 33k has been very suppoative..Let's watch and wait for opening of USA market and see what surprise it brings for us .
If buyers show themselves with dignity, courage and aggression, like real warriors, then the opportunity for a new wave of growth will open up. This has already happened a few times in the history of BTCUSDT bidding and it is likely to happen again.

https://www.tradingview.com/chart/BTCUSDT/6Z66Nswq-BTCUSD-1W-What-s-next-apocalypse-or-new-growth-wave/

ChartBuddy

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OutOfMemory

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Man who stares at charts (and stars, too...)

Quote from: savetherainforest on May 08, 2022, 03:51:34 PM

Quote from: HI-TEC99 on May 08, 2022, 03:33:55 PM

Quote from: savetherainforest on May 08, 2022, 12:09:20 PM

Bullshit about tether.

Link or it didn't happen.

Prove it yourself you lazy entitled gen-x-y-z-millennial that expects only freebies. Roll Eyes

You prove that the Federal Reserve Bank is not the owner of Tether. Shocked

My dick is 5 inch longer than yours.

but YOU have to provide the proof that it's not, you lazy cunt Cheesy

Quote from: sirazimuth on May 08, 2022, 11:29:50 PM

Tis that time to sow the seed. ( ie...the sticky icky)

Grand Daddy Purple this year.
They will look nice next to the new garage.

Aaaaw, cute lil babies

Quote from: fillippone on May 09, 2022, 01:33:33 AM

Yeah, critical for my bank account balance Tongue

Quote

Peter Shiff is explaining lower bitcoin with whales being whales.

Peter Schiff just being Peter Schiff Wink

Quote

Some DeFI expert is explaining lower bitcoin with a concentrated attack to the TERRA/LUNA ecosystem, forcing LFG to sell their stash.

DeFi "expert"? Didn't know there are any, though.

Quote

Fillippone explain this with bitcoin just being bitcoin: the price discovery in the next paradigm shift in value transfer protocol cannot be a straight line.

Seconded.

Apocollapse

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Quote from: fillippone on May 09, 2022, 01:33:33 AM

He’s explaining lower bitcoin with less liquidity from FED hiking.
Peter Shiff is explaining lower bitcoin with whales being whales.
Some DeFI expert is explaining lower bitcoin with a concentrated attack to the TERRA/LUNA ecosystem, forcing LFG to sell their stash.

Fillippone explain this with bitcoin just being bitcoin: the price discovery in the next paradigm shift in value transfer protocol cannot be a straight line.

Holger Zschaepitz, Peter Shiff and some DeFi expert are wrong except Fillippone.

ChartBuddy

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Blue King

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Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals.Coinbase Reportedly Asks Russian Clients to Withdraw Funds.

Source: https://news.bitcoin.com/coinbase-warns-some-russian-users-their-accounts-may-be-blocked-report-reveals/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

fillippone

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This morning I saw this teeet from this very good macro analyst:

He’s explaining lower bitcoin with less liquidity from FED hiking.
Peter Shiff is explaining lower bitcoin with whales being whales.
Some DeFI expert is explaining lower bitcoin with a concentrated attack to the TERRA/LUNA ecosystem, forcing LFG to sell their stash.

Fillippone explain this with bitcoin just being bitcoin: the price discovery in the next paradigm shift in value transfer protocol cannot be a straight line.

ChartBuddy

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greensheep

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Well isn't BTC being a good sport, giving all those who didn't dare to buy last July and September a new opportunity to get in.

ChartBuddy

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Apocollapse

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sirazimuth

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born once atheist

Tis that time to sow the seed. ( ie...the sticky icky)

Grand Daddy Purple this year.
They will look nice next to the new garage.

sirazimuth

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born once atheist

Quote from: HI-TEC99 on May 08, 2022, 10:49:26 PM

....

Putting it into long term perspective.

Quote from: ChartBuddy on November 26, 2015, 12:01:01 AM

Coin

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Ah yes!....The good old days, when I was mining on my Antminer S4's...
...Then I sold the miners, hodled the coins. (Thank goodness not the other way around)