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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26919014 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
ChartBuddy
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February 02, 2025, 12:01:18 AM


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JimboToronto
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February 02, 2025, 12:23:54 AM

$99k-$110k slot is good for me.

For now.
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February 02, 2025, 01:32:04 AM
Merited by LFC_Bitcoin (1)

instead of the choppa i think i hear the faint sounds of the rollercoaster on its way back
I sense we are somewhere near the bottom. I also have a feeling we may get one or two mindrust’s if there’s one wick down before the start of a green February.

I am thinking that many of the weak hands already sold at around $100k (perhaps going back more than two months since some of them were likely selling prior to the BTC price even reaching $100k.. which would have had been before December 4th - the selling too much too soon might have even been before our November rise to $99.8k-ish.

Sure some of those guys might have gotten back in.. but then there might be a question regarding how much of a dip is needed for any remaining ones to mindrust?  Perhaps if we go sub $85k, and I have been thinking that $85k is not very likely, but sure there could be some circumstances in which we might get some kind of a dip like that, just to inspire the mindrust-tendencies kind of folks.

Just making memes of how I feel  Cool

Edit: Can I just be making memes to express my feelings/thoughts and not be included in ignore list of most of the WO gangs?

This particular meme is not even factually representational of anything meaningful, since we largely skipped the $80ks...

Sure we passed through the $80ks... so sure there could have had been some exuberance (and perhaps dumb shits selling) in the $80ks while we were passing through, but $80ks are not representative of anything except perhaps a current gap in BTC prices that may or may not end up getting filled...I am tentatively thinking that the $80ks do not get filled, but maybe that's just crazy me?

Has anyone noticed that the mempool has totally cleared out.
So much for all those ordinals and inscriptions.

Wow.. yeah.. I had seen it was getting close a few times, but I had not noticed the mempool to have had completely cleared and surely seems to have had been what has happened today.

https://mempool.space/block/00000000000000000001c9b2f89207ed7cf8ea36dc3e88f90aff12aea03fa73e

https://jochen-hoenicke.de/queue/#BTC,8h,weight

I sense we are somewhere near the bottom. I also have a feeling we may get one or two mindrust’s if there’s one wick down before the start of a green February.
I prefer we starting the Month in a Dip
Because rebounds gives more strength for breaking new ATH.
If we had started with a Rise, there wouldn't be no correction and gaps wouldn't be covered now.
There by straining the future.
90k-110k slot is okay for me

Yep.. it appears that we have been almost exclusively in the $90k to $110k slot since November 18-ish.

Surely we remain in a bull market, so I would think that the odds favor breaking out to the upside rather than the downside...  but then when?  We also have several higher tops through that whole time  too.. so it is not like the BTC price has been exactly flat in the past 2.5 months.. it seems slightly inclined to the UPpity within that range..at least so far..
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February 02, 2025, 02:01:16 AM


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February 02, 2025, 03:01:17 AM


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February 02, 2025, 03:13:28 AM
Merited by vapourminer (1), bitcoinPsycho (1)

I was seeing the impact of the last Trump measures (im talking about the tax foe Canada Mexico and China) and so far the crypto market stands pretty solid, it only make a very litle movement like the past one from deepseek, lets see in the monday when the normal markets open and see if that make more noise in our BTC, but so far this position is solid rock, above 100.000 despite big economics swings.

It’s funny how Canadians are ready to start a trade war with America over a 25% tariff, but the 20% tax coming on April 1st to fight climate change is totally fine. I actually feel bad for the people of Canada. They don’t deserve the mess their weak leadership has gotten them into. On the plus side, Canadians who have been into Bitcoin for a while should have no problem paying off any debts they may have due to their currency nosediving against BTC.

 It's not funny but it is our own fault and while I'm not willing to expend time and energy explaining myself as to the whys, I would add that I fear we will never break this cycle of self-destruction. (Thank you Satoshi for Bitcoin!)
We have fallen behind most major economies since 2000 and our per-capita GDP has essentially stagnated since 2014, we are more inefficient, over-regulated and over-taxed than every before and there is no relief in sight.  These Trump tariffs are only going to accelerate our downward spiral.  At this rate we'll own nothing and be happy much faster than the rest of the civilized world.
 
LFC_Bitcoin
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February 02, 2025, 03:39:14 AM

Are you still monitoring PlanB, or did you completely switch over to the power law model (IIRC)?

Oh I retired from PlanB last cycle, he blocked me on X for calling S2F also Cheesy
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February 02, 2025, 03:56:54 AM

Are you still monitoring PlanB, or did you completely switch over to the power law model (IIRC)?

Oh I retired from PlanB last cycle, he blocked me on X for calling S2F also Cheesy



You wanna elaborate what you mean for us here that don't follow these flash in the pan astrologers?
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https://x.com/BoldBitcoin/status/1885825517540008359?t=WL0rLbq3H4MLK63pRrl8mg&s=19
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February 02, 2025, 07:17:11 AM
Merited by El duderino_ (10), vapourminer (1)

The mempool practically empty! Never thought i would see it empty ever again!

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February 02, 2025, 07:59:44 AM

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February 02, 2025, 08:01:14 AM
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February 02, 2025, 08:56:46 AM
Merited by xhomerx10 (1)

I was seeing the impact of the last Trump measures (im talking about the tax foe Canada Mexico and China) and so far the crypto market stands pretty solid, it only make a very litle movement like the past one from deepseek, lets see in the monday when the normal markets open and see if that make more noise in our BTC, but so far this position is solid rock, above 100.000 despite big economics swings.

It’s funny how Canadians are ready to start a trade war with America over a 25% tariff, but the 20% tax coming on April 1st to fight climate change is totally fine. I actually feel bad for the people of Canada. They don’t deserve the mess their weak leadership has gotten them into. On the plus side, Canadians who have been into Bitcoin for a while should have no problem paying off any debts they may have due to their currency nosediving against BTC.

 It's not funny but it is our own fault and while I'm not willing to expend time and energy explaining myself as to the whys, I would add that I fear we will never break this cycle of self-destruction. (Thank you Satoshi for Bitcoin!)
We have fallen behind most major economies since 2000 and our per-capita GDP has essentially stagnated since 2014, we are more inefficient, over-regulated and over-taxed than every before and there is no relief in sight.  These Trump tariffs are only going to accelerate our downward spiral.  At this rate we'll own nothing and be happy much faster than the rest of the civilized world.

On the plus side, the Canadian dollar’s poor performance should make it easier for Canadian Bitcoiners to pay off any outstanding debt.
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February 02, 2025, 09:01:17 AM


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