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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 26918538 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.)
cAPSLOCK
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February 27, 2025, 11:25:44 PM
Merited by vapourminer (1), JayJuanGee (1)

What if Bitcoin has made me entirely insane...

I suppose there should be question marks at the end there.  But nope.

I am crazy as fuck... treat me as such.  I think most of you already do.

Also...

SUPERCYCLE
philipma1957
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February 27, 2025, 11:42:14 PM

What if Bitcoin has made me entirely insane...

I suppose there should be question marks at the end there.  But nope.

I am crazy as fuck... treat me as such.  I think most of you already do.

Also...

SUPERCYCLE

Maybe just maybe could it be a sharp rise in the next week or two once Russia and the Ukraine end that war.
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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February 28, 2025, 12:01:49 AM


Explanation
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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February 28, 2025, 01:01:27 AM


Explanation
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Biodom
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February 28, 2025, 01:19:19 AM
Merited by JayJuanGee (1)

CME gap at $75k.

$10k dump incoming?  Undecided

it depends...first off, it's just "stupid" CME that is not even open for most of the weekends and holidays.

Second, not if it is a breakaway gap.
NVDA gapped from $30 to $36 (split adjusted) in May 2023.
Current price is $120. That gap is now more than 20 mo old.
Yeah, it will go to $30 in case of a Depression, but it is not very likely right now.
d_eddie
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February 28, 2025, 01:21:48 AM

Is oversold in the room with us?
Nobody willing to sell but nobody willing to buy either.  Grin

Low volume is creepily horrific though. Wen wat??
cAPSLOCK
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February 28, 2025, 01:29:27 AM

Is oversold in the room with us?
Nobody willing to sell but nobody willing to buy either.  Grin

Low volume is creepily horrific though. Wen wat??

Moon. 

But the answer is simple.

The moon is always in the sky.
BobLawblaw
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February 28, 2025, 01:50:01 AM
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Welcome to the pain zone.

https://x.com/CarlBMenger/status/1895115748613427342
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February 28, 2025, 02:01:15 AM


Explanation
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OgNasty
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February 28, 2025, 02:27:18 AM

So many liquidations… This isn’t how the FTX dispersal was supposed to go… Seeing lower and lower prices on lowering volume. Not a good sign. This price action can only be described as panic selling and cascading liquidations. This is either the end of the bull run, or we’re about to see the mother of bounces. Trying to keep my faith in the cycle but this is painful.
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February 28, 2025, 02:49:38 AM
Merited by vapourminer (1), JayJuanGee (1)

Oh god im going to...  

Whooo let's just stop it there.

I bought my first bitcoin at $17.

It had fallen from a high of 32 or so.

I watched it fall to $1.50ish?

At $2...  I thought about selling my Subaru to buy a couple thousand more.

I didn't.

      Sigh.

Here's the thing for those that are new. It does this. It's done it many times. It jumps up, and then it fades back down to fill that gap, and then it jumps up again. Even more, you'll be okay. Hang tight.

cAPSLOCK
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February 28, 2025, 02:59:13 AM

Also. 71-73.7 is going to hold if we go that deep.

Well it should.

philipma1957
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February 28, 2025, 03:00:45 AM

just got some around 80.5k
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February 28, 2025, 03:01:17 AM


Explanation
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philipma1957
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February 28, 2025, 03:13:57 AM

Hungry made me food



Ready for buy ladder to hit bigly.
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February 28, 2025, 03:16:57 AM
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 The bull is still here, he just has to turn Smiley

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February 28, 2025, 03:44:29 AM


Explanation
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Damn...

Still, this is the only way I can look at the price these days. Buddy breaks it to me gently.
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February 28, 2025, 04:01:14 AM


Explanation
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Gimme a fucking cigarette?


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February 28, 2025, 04:12:09 AM
Merited by JayJuanGee (1)


how to remove duplicates

I am not an expert in technicals but usually 0.5 and 0.618 fib levels indicate strong reversal after correction (which is natural in the markets).

edit: this is btc/usdt weekly chart
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February 28, 2025, 04:18:07 AM
Merited by vapourminer (1), JayJuanGee (1)


how to remove duplicates

I am not an expert in technicals but usually 0.5 and 0.618 fib levels indicate strong reversal after correction (which is natural in the markets).

edit: this is btc/usdt weekly chart

At this stage it is not very relevant and there is obviously some kind of a lemming-like panic.
Who knows what caused it...maybe certain "meme" coin, perhaps.
That said, I see the same strange behavior in some stocks, especially small caps.
Some report OK or even good earnings and good prospects...and are being told to "die", essentially with 30-40% decreases.
The relative "calm" of the indexes is deceiving, imho.

BTW...I read some vibes about the singularity in 12 mo..who knows..maybe markets are trying to "price it in", lol.
https://www.popularmechanics.com/science/a63922719/singularity-12-months/
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