Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4123. (Read 26711605 times)

Plot twist: Putin has crashed the price by war rumors, Russia bans Bitcoin etc and is BUYING THE FUCKING DIP right now! 

Early? I'd say a bit late, taking into account we didn't have a blowoff top yet... 

I saw many people saying it didn't matter if CSW was a fraudulent asshole, what was important was the fundamentals. No, the character of people is important. Steer clear of such people as much as you possibly can.

Explanation

stonk refugees would also see a beautyful island in BTC if the FED blows up the market tomorrow.
Too good to be true?
No?

EDIT: On the downside, the flip-back would be painful as well.

EDIT2: Maybe inflation will be fixing this, too 

Well the markets are painting a BEAUTIFUL reversal morning star DOJI on both the 3d and weekly.

The permabull in me see a lot of positivity in this market under the circumstances.  It is setting EVERYTHING up to stage a beautiful rally if the stars sort of align.  There are a lot of bulls champing at the bit it seems to me... they are just still scared, and it's understandable.

That is sort of the sticky bit. :/





(also would nice to see this volume keep up...)

Explanation

36574 is the ceiling where this starts to look a lot like a V shaped bounce...

But isn't it kind of early??  I am trying to find the information that is leading to this...  Pretty dramatic dead cat if that's what it is...

some bounce maybe its up up and away.

back from holidays, bitcoin can stop being a bitch now

The stock market is already sort of pricing in tomorrows expected action... but in reality I think the worst is yet to come (big time) if the FED does indeed raise rates.  And unfortunately a LOT of investors still see Bitcoin as a "tech stock".  So if we get the stockpocalypse then Bitcoin is likely to suffer as well... Just like 3/20.  But in reality that is an incorrect take on the part of the market that does not realize that BTC actually represents safety in times like this.  Not matured to that point, I am afraid.  This is the main drive for another leg down, and then a lower low which would be a pivotal, and sad thing for us...

Interestingly in my opinion the greater risk to Bitcoin would be a mixed blessing...  and that would be governments against the west saying they will use BTC instead of the dollar at the beginning of conflict.  But all arrows point away from that interestingly... With China and Russia at least acting like they want to ban it.

The thing I am most worried about is more geopolitical, but would have serious BTC implications.

1. Demoralize western democracies for 2 years during virus lockdowns.
2. Divide their people against each other.
3. Begin to take away freedoms further demoralizing free countries.
4. Cut off essential chemicals like UREA (fertilizer and Diesel exhaust fluid hurts food production and commerce)
5. Choke trade routes and cause "congestion" at ports
6. Over run their borders with immigration they cannot support.
7. Then crash Western economies on cue by raising interest rates... and delivering a death blow to the bubblicious markets.

Then what do you think they will do?  After weakening the free world and driving them mentally, economically, and materially to the breaking point.

War.

I hope I am wrong.  But if this happens do not make the mistake of thinking the war began in 2022.

Also I am very grateful to live in a republic, and more specifically in one of the USA's states that has worked hard to keep it's ports open, it's borders closed, has encouraged bitcoin miners to come, has had more sensible virus policy, and will most likely remain on the right side as the divided nation comes under further attack.

What all this could do to Bitcoin?  Good grief.  That's a hard nut to crack really.  War does all kinds of surprising things that don't always make sense.

With good volume and no frightening high sellwalls, yet.
This may get exciting.

Modest $3000 relief pump.

There's that stock market crash narrative going round since a few days, too...
(Fire alarm currently in the background - fits perfectly)

Considering to set a few sells on the way up to buy back later, still trying to figure out at which level(s).
Of course only the (tiny) "play stash"...

EDIT: Will this be the "epic bounce" some crypto twitterers were about lately?

Anybody going to sell into this little pump? I see the stock market continues to bleed and worst case is we see a real massive dump coming. I dont know much about the stock markets. But it feels very different this time. Because the stock market pump after the covid crash was massive.

I love those times, especially while watching the 1m chart 
Just got online a few minutes before the little run up.

A second leg up in this little run that breaks 35575 decisively would be exactly what we need next.

Just sayin.

*edit* DING!

Now lets take 36100!  COMEON CORN!

Explanation

Well, if you sell old corn, it's not really "the bottom"