Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4985. (Read 26607973 times)

Are we heading towards new ATH this time as bitcoin has shown green candles for 10 consecutive days as shown by this chart?



So hoping it cross $50k soon and then we move towards another ATH this year.On my part DCA investment are going on and just accumulated more sats this time.

... this figures, the only ETF to get approval will be based on fiat cash-settled futures trading only. This way they can keep manipulating btc price and price expectations without risking value escaping the fiat pyramid scheme with runaway retail demand for exposure to btc upside, i.e. a btc-backed ETF.

Explanation

Explanation

 I recognize the yellow thistle and the green foxtail which we have around here as well.  Their native habitat is Eurasia.  The other weed looks like Cleavers (hitchhikers) which grows pretty much everywhere but I'm confused by the juxtaposition of the weeds and the upscale restaurant (I'm basing this on the table setting).  Based on the timing of your dinner post and the lack of sunlight it looks like you might have gone one or two time zones west.  I think you're in Greece.

Dude...err I mean Eddie, It ain't Sunday...


jest sayin'

 

Explanation

She's a _real_ hoe
Oh the staging like a pro
Teasing my forties









#haiku

Pretty sure ETH will drop once GG announces sweeping SEC/CFTC regulation regarding DEFI, DEX's, token sales and NFTs.  He aint stupid, he knows about the obvious bullshit, left pocket to right pocket "sales" to create appearance of activity/volume/price discovery.  ETH recent hike sounds like the result of 200 000 ETH leaving DEFI the past few days, so that means a multiple of that in actual investment.  at 0.07 eth/btc, sounds like a great price to swap it imo.  my 2 satoshis.

Explanation

Reminds me of the story of some record producer back in the 60's when he heard a Rolling Stones demo tape....

the evening wall report

#dyor

squirrel at attention..looking for corn
4h



D
same story
squirrel infestation for sure
hide the women and children    all ahead two thirds

#stronghands

First of all, this thread is about bitcoin, so not sure what you are talking about when you mention that amorphous crypto concept.

But, let's say for the moment that you just slipped up with that term, and you did not mean to speak such gobbledy gook, and you were actually referring to bitcoin, then are you proclaiming that bitcoin's price peak for this cycle is going to be this calendar year?

How could you know that?

We have a wee bit of a different kind of bitcoin price dynamic going on this time around, and sure maybe currently the closest comparison that could be made would be 2013, but we are not in 2013 no more Dorothy.... so we cannot really expect that bitcoin would peak in the same kind of way as 2013, can we?

I am not ruling it out, but seems a bit of a strange scenario to see bitcoin peaking out in a short period of time like it did in 2013.

Maybe you have some other kind of scenario in mind?  And, surely another dynamic that currently exists is the various aspects of the shitcoin market, and I am not sure if the various shenanigans going on there would create some kind of positive feedback channel for bitcoin, but could you imagine if so many snot-nosed 14-year olds were also able to become rich as fuck through the various smoke and mirror bullshit merely because there could end up being a kind of "hang-on" effect with bitcoin.

Don't get me wrong OgNasty, I am not inviting any kind of analysis of shitcoins, especially if there were to be any presumption that any of them have value beyond short term pumpening and dumpening scammenings, because that kind of analysis would probably need to go somewhere outside this thread.. but if you are considering a scenario that bitcoin goes up and shitcoins just stagnate, that might be a kind of framing that would not necessarily cause us to stray into shitcoin discussions in this thread..


If you keep saying it, sooner or later you will be correct, even if it could take a few years.

Explanation

Explanation

Fuck Ethereum.    Have you never heard, Zicadis, that the tail does not wag the dog, or do you believe in fantasy causation theories?



Huh?  We can proclaim that king daddy is a product of order book activities that have been happening over the past 3 days?  That's a pretty narrow way to view what makes the king tick.



So we are going up from here?  For sure breaking through $46k or you cannot see that far ahead?


You are thinking that the bottom of $28,600 is in, even if we have not made it above $46k, yet?

Maybe I am thinking too conservatively?  I gotta be more bold, no?


Can't disagree with the point that retail does still seem to have decently ongoing opportunities to front run institutions, and likely sooner is going to be better than later in that regard, especially if there are preferences to buy coins at relatively cheaper prices.. even though from my perspective, before we get above $46k, there still seem to exist quite a few uncertainties whether the bottom of $28,600 is actually "in", but sure, Zicadis, you could end up being correct with what you seem to be saying is that we can feel some confidence that the bottom is in, even if we have not gotten above $46k yet (in recent times).

Ok, I'll guess a former soviet republic or maybe Romania or Bulgaria.

I will guess Santorini just because I could confirm with day shots and it has a great view drop to the sea.


Good price action today with recovery back above Jan range and challenging now the weekly average to regain positive momentum.   Lows matched an old downtrend and we found positive sentiment to rise after a pullback, possibly into a larger positive move for this month.