Explanation
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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 590. (Read 26467825 times)
March 26, 2024, 05:01:17 AM
March 26, 2024, 04:05:03 AM
Positive inflows again, good day for Fidelity.
GBTC still selling heavily.
GBTC still selling heavily.
GBTC down below 350k coins held. Loving it. Few more months and they'll be at zero, can't wait. IBIT is less than 100k coins away from them now.
March 26, 2024, 04:01:57 AM
Goodmorning observes of the Wall
Morning coffee at 70-71k a coin
Morning coffee at 70-71k a coin
March 26, 2024, 04:01:13 AM
March 26, 2024, 03:53:44 AM
Positive inflows again, good day for Fidelity.
GBTC still selling heavily.
GBTC still selling heavily.
March 26, 2024, 03:30:29 AM
More like a middle top.. not a top top.
You know that one of the problems of going there too quickly is......
I have already argued that it is not too likely that we could go to $80k to quickly.. because we keep having these baby corrections along the way... .. .. but yeah, sometimes we will see short periods of "overheatedness." - even though, we are not there yet... so eat your hearts out... $40k not coming. and especially not $39,999. I am starting to have my doubts about either $49,999 and also $54,999.. I am starting to think that it could be the case that none of them will be seen again.. . but hey, what do I know.
If we go to $94k by this week (or maybe even by next week), I might start to speculate that maybe such price moves is a bit too much.. and not quite sustainable in such a short period... $80k this week should be within reasonable levels of exuberance... whatever that means?
You know that one of the problems of going there too quickly is......
I have already argued that it is not too likely that we could go to $80k to quickly.. because we keep having these baby corrections along the way... .. .. but yeah, sometimes we will see short periods of "overheatedness." - even though, we are not there yet... so eat your hearts out... $40k not coming. and especially not $39,999. I am starting to have my doubts about either $49,999 and also $54,999.. I am starting to think that it could be the case that none of them will be seen again.. . but hey, what do I know.
If we go to $94k by this week (or maybe even by next week), I might start to speculate that maybe such price moves is a bit too much.. and not quite sustainable in such a short period... $80k this week should be within reasonable levels of exuberance... whatever that means?
It's not important that how quickly Bitcoin make it to 80k or 90k from here but how long it can sustain that value. We have seen Bitcoin starting its journey from 0$ to 70k (as of today). If Bitcoin can make it to 80k or 90k in week or two and coming back to some lesser support then it won't be a good move. Volatility is good (Volatility is vitality, Saylor) but there must be a window in which the volatility is confined.
March 26, 2024, 03:01:14 AM
March 26, 2024, 02:01:16 AM
March 26, 2024, 01:01:15 AM
March 26, 2024, 12:37:50 AM
I like it how they chase each other...
March 26, 2024, 12:02:01 AM
Let’s just cut the bull shit and send this bad boy to $250,000.
More like a middle top.. not a top top.
You know that one of the problems of going there too quickly is......
I have already argued that it is not too likely that we could go to $80k to quickly.. because we keep having these baby corrections along the way... .. .. but yeah, sometimes we will see short periods of "overheatedness." - even though, we are not there yet... so eat your hearts out... $40k not coming. and especially not $39,999. I am starting to have my doubts about either $49,999 and also $54,999.. I am starting to think that it could be the case that none of them will be seen again.. . but hey, what do I know.
If we go to $94k by this week (or maybe even by next week), I might start to speculate that maybe such price moves is a bit too much.. and not quite sustainable in such a short period... $80k this week should be within reasonable levels of exuberance... whatever that means?
...Today's spike looks related to a short squeeze:
https://www.zerohedge.com/markets/bitcoin-erupts-higher-epic-futures-short-squeeze
maybe I sell some off take the 70+https://www.zerohedge.com/markets/bitcoin-erupts-higher-epic-futures-short-squeeze
or not
Yeah.. maybe you should, and that is why you are going to keep having fun staying poor.. you just cannot resist fiats.
Just had a shower, checked charts, price rising nicely. What's not to like?
Getting richer while taking showers... Works for me.
BTW, 7 is here, 8 soon, 6 (digits) this year.
Getting richer while taking showers... Works for me.
BTW, 7 is here, 8 soon, 6 (digits) this year.
Seems like it.
$80k? This week, next week? sounds reasonable..
halving and 6 digits.. gosh. .. what would that be? perhaps getting into the 50/50 territories?.. or maybe it is still ONLY in the 40% territory?
and then the rest of the year, I am still thinking that $120k to $180k is a kind of reasonable range for this year, but yeah. top, middle or bottom of the range? I don't know. I know that it is a pretty broad range, but what can be said.. it is not like anyone of us really knows the future... but $120k to $180k seems to be a good rethinking the matter stopping point.. or a kind of let's play around in this arena a bit before considering if we might want to go further UPpity.. which is largely seeing if buying support keeps up and then seeing how many coins might come available at those prices for the ETFs to vacuum up.
March 26, 2024, 12:01:14 AM
March 25, 2024, 11:01:15 PM
March 25, 2024, 10:45:34 PM
From the polished parts, you can tell that a large number of superstitious wall street bankers rub those bull balls for luck, before starting their day of robbing people blindly in new and creative ways.
~snip
I'm wondering what they're rubbing the balls with when the two hind legs also seem to be polished at the same level - handholds?
that would mean they are tea bagging the bull
Source unknown.
It has been surgically opened and is now ready for frying.
Eat and ready for the next bull. 
Oh God. I hope those aren't the result of a workplace tragedy.
Really man this was real tragedy??
I can not believe in my eyes.... Either that or he finally got the wife to give them back to him.
Maybe, I laughed so hard at this picture that how is that possible?
March 25, 2024, 10:38:25 PM
From the polished parts, you can tell that a large number of superstitious wall street bankers rub those bull balls for luck, before starting their day of robbing people blindly in new and creative ways.
~snip
I'm wondering what they're rubbing the balls with when the two hind legs also seem to be polished at the same level - handholds?
that would mean they are tea bagging the bull
Source unknown.
It has been surgically opened and is now ready for frying.
Eat and ready for the next bull. Oh God. I hope those aren't the result of a workplace tragedy.
Really man this was real tragedy??
I can not believe in my eyes.... Either that or he finally got the wife to give them back to him.
March 25, 2024, 10:27:56 PM
From the polished parts, you can tell that a large number of superstitious wall street bankers rub those bull balls for luck, before starting their day of robbing people blindly in new and creative ways.
~snip
I'm wondering what they're rubbing the balls with when the two hind legs also seem to be polished at the same level - handholds?
that would mean they are tea bagging the bull
Source unknown.
It has been surgically opened and is now ready for frying.
Eat and ready for the next bull. Oh God. I hope those aren't the result of a workplace tragedy.
Really man this was real tragedy??
I can not believe in my eyes.... March 25, 2024, 10:24:15 PM
Sorry, I don't have all my tools with me.
Yeah, man this is the nice three is digit $000k go bull goo...
March 25, 2024, 10:02:03 PM
Sorry, I don't have all my tools with me.
March 25, 2024, 10:01:13 PM
March 25, 2024, 09:50:03 PM
ChartBuddy's Daily Wall Observation recap
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All Credit to ChartBuddy
Slight hiccup with the time change.
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.All Credit to ChartBuddy
Slight hiccup with the time change.
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