Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3819. (Read 26713700 times)

the afternoon wall report

RSI touching above 70 on the daily before/since mid Oct
see if 0.382 med fib support is gathered
I dont think this rally is over yet but its warm
some consolidation and moar accumulation likely

dyor

4h


D

stronghands

Explanation

my two sats

dyor

W

stronghands

^ On this chart, the 3rd part (that we are in now) needs to be almost 1600 days. That would land it in January/February 2023.    

You are likely correct.. .but I was waiting until $48,100 to say anything just to be unambiguously clear.. or at least less unclear about making sure that spot price had actually exceeded the AYH.. which hey, now that within the past 30-40 minutes we have touched upon $48,234, we seem to be within a kind of clear sailing, no?

The road to $80k

Bitcoin $50k is inevitable. 

Explanation

my 99 dollar android is a lot cheaper than a 1100 dollar iPhone.

Of course, $300k in 2022 would surely be a stretch.  On December 6, I had placed such odds in the 20%-ish arena.. to get our BTC peak in that area by the first quarter of 2023.. but it seems that some of our more recent events/price moves in the past 4 months might cause me to need to reassign probabilities.. especially since we did not get any of the tops in the last quarter of 2021 nor this first quarter of 2022.. so those odds have become freed up to reassign for later dates.. based on where we are at, how we got here and where we might be going.

One step at a time no?

Just in the past hour or so, it has become clear that we have finally created a new ATH for this calendar year.  The earlier ATH for this calendar year was surely below $48,100 - even though on December 30, we had reached a high of $48,589.. but that was while BTC prices continued to be spiraling down from our $69k ATH on November 9.... As I type this post within the past 30 minutes, the BTC price has touched upon $48,234.. so whether temporary high or not.. we will  see, but we do seem to be in a temporary temporal of UPpity (am I stealing that expression?... do I need to give credit or can I just act as if I invented the expression my lil selfie?  hahahahaha)

So yeah.. one step at a time to get back into noman's land.. which would likely be in around the $62k arena.. and then if we get to that price then $69k and even something like $92k would be done deals.. so we cannot necessarily even presume that we would be getting past $100k, either.. one step at a time. .one step at a time, and each step (aka leg of the journey) can be assigned odds currently, but as the price plays out, then we should be more than ready, willing and able to reassign new odds to the subsequent legs once we reach them or surpass them.

For sure, $300k is not impossible, and save the rf is not crazy on this point (at least not this time) but it would not be obvious to achieve $300k either, especially in this calendar year.. maybe in the 10% to 25% probability for this calendar year.. and if we stretch out that our up portion of our cycle could stretch into 2023.. then perhaps there could be decent odds that it would go into 2023 - which if we are largely continuing to go up, I doubt too many folks would be giving too many shits if the top ended up dragging into 2023 in the event that it had already started to appear that such top could be dragging into 2022... just adding a bit more time to allow some of the UPs and DOWNs along the way to play out.

We surely live in interesting times with a lot of strong macro-factors affecting prices, and not all of those macro-factors are currently known... because a chain of events on the macro-factor side could end up affecting bitcoin in ways that were not quite anticipated, but still within the capacities for bitcoin to absorb some of the impacts of the happenings of the currently unknown macro-factors.

One thing they learned in Hollywood is how to behave, and not upset their bosses. No matter what.

fake af indeed.

... aggressive black men mouthing off and fighting on TV ... such wow, much new ... Monday night football?

... Jerry Springer getting lined up for 2023 Oscar MC

... and what's with the faggot-handed bitch slapped, doesn't anyone punch like men anymore?

Figuring out which way BTC prices might be going is likely ONLY one aspect of any BTC investing practice, and likely amongst the least of important aspects, so long as you understand and appreciate that in the long run BTC prices are likely to go up.. and if you have an investment timeline of 4 years to 10 years or more, then one of the main things is to figure out your own situation and your budget.. so you can figure out how much you can afford to invest into bitcoin on a regular basis without overly stretching out your finances to cause yourself emergencies in which you have to sell any BTC at time that is other than of your own choosing.  In other words, stacking sats by regularly engaging dollar cost averaging such as $100 per week is a good start.. and then the longer that you are in bitcoin, you can either become more or less aggressive as you study the  space and verify how your investment strategy is playing... .surely, you can also supplement BTC accumulation with lump sum investing and buying on dips, too.

All the world's a stage,
And all the men and women merely players

It seems that vast majority of the regular WO members proclaim not to trade - except for mostly either large swings or just deciding to shave some of or not at various points along the way out of consideration for possible BTC price direction.

So even though the thread name suggests that this thread might be for traders... many of us are not too lovey-dovey trading ideas especially if they proclaim to know something with any meaningful level of confidence.

I don't want to speak for others.. but the above is my sense of most of WO sentiment towards trading and squiggly lines - even though of course, lot's of guys will post squiggly lines, and just say that "this could be something to think about."  Perhaps ToxicMoxic captures the WO sentiment pretty well.. .. .. sometimes it is difficult to capture the specific sentiment - but surely, guys who try to impose too much certainty with their employment of squigglies are likely going to get a decent amount of push back.

By the way.. regarding BTC price direction.. there can surely be a lot of noise, yet sometimes with BTC price, we will end up getting questions whether the break-out to the upside is real, because surely sometimes the upward movement will run out of steam, but other times, there are continued assertions about the BTC price reversing, and then it takes quite a long amount of time to actually reverse.. take the run up from April 1, 2019 to end of June 2019 as an example.... finally it did end, but not until it had gone up 3.5 x in 3 months.

Your last picture includes the term "crypto"... fuck that stupid-ass vague term, and fuck shitcoins.  Sure there could be some relationship, but none of us should be attempting to either forget that bitcoin is the leader and that if bitcoin happens to seem to be following some dumb-ass shitcoin, it is merely because the shitcoin had jumped in the lead.. but merely being in the lead would not mean that the shitcoin is leading.. In other words, there is no real/meaningful evidence still in existence that bitcoin is anything other than the leader in this segment of the market, and if you start to throw out terms about what people (or you) claim "crypto" is doing, then you are likely engaging in muddy thinking and also guilty of reemploying and spreading such muddy thinking.. which likely would justify some kind of good beating until you say you are sorry and that you will never do it again... even though guys do slip up around here from time to time, so many of us are quite forgiving of the screw ups - unless there is a pattern of intentionality.. then that's another story.

**Don't conclude from my above attempt to describe WO culture/practices that I consider myself holier than thou because sometimes I get beat up a wee bit too... usually for different things, but why should I disclose any of my purported weaknesses? to the extent that I would admit to having any...... when in doubt, don't admit anything.  hahahahaha

Explanation

That’s your opinion bro. I don’t think it was staged. That’s my opinion. I guess I must be a member
of the “dumb masses”

$48084 Stamp.

Is that a new AYH?

Good but $300k is it possible in 2022, Honestly in this situation its looking that 300k is not possible until the next Halving of BTC.

Market is currently making some dip signals as i Qouted above that Risky movement of market. It is lloking like a trap sir.


$300k i think by the age of 2030 BTC can totally Replace Gold as a Perfect asset , Not dreaming many many analysis are proving the regularion of BTC will make huge pumps in term Every nation will try to grab more Voins

I like this chart. It's similar with the price prediction I was making.            $300K+