Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3768. (Read 26715027 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!


That was funny!

Reminded me of a movie I recently watched: Moonfall (2022). Not great, but good entertainment if you're into this type of movies.
hero member
Activity: 758
Merit: 1844
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Something like this now?

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 196
Merit: 270
copper member
Activity: 1512
Merit: 1651
Bitcoin Bottom was at $15.4k
Some On-Chain Data:

The Puell Multiple: This metric looks at the supply side of Bitcoin's economy - bitcoin miners and their revenue.



Whale Shadows: This indicator shows when bitcoins that have not moved onchain for many years, finally move again.

10yr+


7-9yr:




MVRV Z-Score: MVRV Z-Score is a bitcoin chart that uses blockchain analysis to identify periods where Bitcoin is extremely over or undervalued relative to its 'fair value'.





Bitcoin Wallet Sizes: > 1,000 BTC: Live bitcoin chart showing the number of unique addresses holding at least 1,000BTC.





Stock-to-Flow Model: Stock to flow is a forecasting tool for Bitcoin price. As the amount of bitcoins to be mined reduces over time, the stock to flow number (s2f ratio) increases, as supply coming onto the market is reducing.



Source: https://www.lookintobitcoin.com/charts/



Miner capitulation: Profitability for miners is a function of the Bitcoin price and the cost for the miner to buy electricity to mine.


Yearly Candles: A standard candle chart with a Bitcoin price open, high, low, and close, with the one difference being that there is only one candle for each year of Bitcoin’s existence.
So far 3 red candles, i.e. 2014, 2018, 2022.


Source: https://stats.buybitcoinworldwide.com/
copper member
Activity: 1512
Merit: 1651
Bitcoin Bottom was at $15.4k
I swear if we end up back in the 3x,xxx zone, I'm going to slap someone.

4H Chart, we are on support. Should be good to go.
I am on a Long Trade from $43k and am expecting it to bounce back towards $46-$47 levels.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
I swear if we end up back in the 3x,xxx zone, I'm going to slap someone.

legendary
Activity: 2050
Merit: 1184
Never selling
I swear if we end up back in the 3x,xxx zone, I'm going to slap someone.

I know how you feel, I think there is a bit of support between here and 40k but I certainly wouldn't bet that it will hold.

It makes me wonder. I see the price go down, and the charts showing supply held by LTHs constantly increasing, when will 100% of supply be in LTH hands and at that point how many millions of coins will still be listed as balances on exchanges. My bet is there is some serious fractional reserve ratios happening on a lot of exchanges.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
I swear if we end up back in the 3x,xxx zone, I'm going to slap someone.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
Jump to: