Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

well the 110k is decent but I am looking for 125,555.55 to 133,333.33 by Friday

I'm going to help you look.

150k looks real now.

I bbqd a couple of porterhouse steaks yesterday and they were delicious so I'd like to make it a habit. They were $25/lb and not grass-fed or Angus even so I'm going to need some help with that habit. $150K BTC would do it Wink

After looking at price of Bitcoin for past 20 days, my gut feeling says that 150k is coming very soon. It's because price is stable above 106k and just a few small pushes will take price above $125k.

If porterhouse steaks is on your list for 150k then you are going to get that soon. I am planning a PPF for my new car as soon as price hits $150K BTC.

What is a PPF? It does not sound good.

Quote from: Ambatman on May 28, 2025, 07:26:03 AM

Quote from: JayJuanGee on May 27, 2025, 11:32:11 PM

Riddle or wannabe poem. Tongue

Not a poem and obviously not a riddle. I have no idea what it is just words I guess.

I read Saylor stating Proof of Reserve is a bad thing. Bitcoin ethos is don't trust, verify.

I understand where he's coming from but I'm on a fence especially after watching the full video
https://x.com/LeeWinbush/status/1927256933183926780?t=O8fllIecM9RhH6e8Yn5psg&s=19

People are only posting his answer that it's bad not his reason.
Feels bullshit to me but also make sense a little so a more experienced insight could clear the air.

Self custody really prevents dramas.

Saylor is likely on the wrong side of this one, yet of course he can do what he wants and even proclaim that proof of reserves is not good or necessary, yet I think that investors should be demanding proof of reserve from public companies that are claiming to have bitcoin of certain and specific quantities.

Quote from: adam.sandler on May 28, 2025, 09:45:09 AM

Quote from: WatChe on May 28, 2025, 05:20:17 AM

[edited out]

Stabilization of the price range between $109,000 and $111,000 can lead us to see prices above $120,000 and maybe even $130,000.

You must be new to the concept of bitcorns. Roll Eyes

Dee cornz does not do stable.. especially towards the top of a price range. whether it goes up or down may well be another story, and sure, $120k to $130k is not too far out of our current price territories.

Quote from: blomen on May 28, 2025, 04:30:36 PM

Quote from: philipma1957 on May 28, 2025, 04:21:01 PM

Quote from: blomen on May 28, 2025, 02:09:24 PM

we have been in an uptrend since the beginning of april. and we are currently approaching the resistance point of this trend. my guess is that these prices -between 106 and 110k- will continue in this way for the next 4-5 days, that is, until the beginning of june. then there may be an ath attempt again.
i don't have any bearish expectations, it seems to be the last possibility.

what are you the kiss of death ? or a fucking jinx.
don’t say shit like i see no sign of bears 🐻

fuck don’t you know by now.
😉

it's hard to call it a jinx. i think i made a prediction that was a bit too “wrong”. it will be hard to sustain it, you can do the opposite of what i say.

i'm not worried, we're not selling our bitcoins anytime soon, right? let it fall so we can buy as many bitcoins as we want.

How can we know if the UPpity is sustainable or not?

Our current UPpity does not seem to be getting ahead of itself in any kind of meaningful way.

Historically, bitcoin has had a lot of periods of outrageous price discovery that can go on for a few months before really taking any correction break.

Sure, past performance does not guarantee future results, yet past performance can still show us that there can be outrageous BTC price moves that go in either direction for much more and for way longer than any of us might expect to be sustainable and/or reasonable.