Post
Topic
Board Speculation
Merits 11 from 6 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 18/06/2025, 05:47:49 UTC
⭐ Merited by El duderino_ (5) ,JimboToronto (2) ,BALIK (1) ,d_eddie (1) ,philipma1957 (1) ,AlcoHoDL (1)
Another double top formed just like January 2025.

People hated me when i called last double top and it indeed tanked with $20k+. Would not be supprised it happen again..


Hard to resist letting us know (seemingly, for our own good) "how it is" when you both happen to be on a roll and you can clairvoyantly see into the future.

¿AmiNOTrite?

We want to go to the moon
But the wars are attacking our Rockets..
Maybe we can continue the up trend of the year on a cease fire..??

#Shotathaiku

Your wish-stating (aka dreamening) "haiku" is like a totally a retarded.

Another double top formed just like January 2025.
People hated me when i called last double top and it indeed tanked with $20k+. Would not be supprised it happen again..

You're absolutely right that double top formation is similar to the January 2025 setup, and it’s already showing signs of exhaustion at that key resistance level.
Looking at the weekly chart, BTC clearly rejected the previous ATH zone again, forming a near perfect double top with wicks showing selling pressure.

On the daily TF, the market structure is still technically bullish with that ascending trendline support intact, but any solid break below $100k could trigger a sharper correction possibly down to around $85-73k demand zones I've marked, which is around 20% or more.


Bonding over dumb shit.

 Cheesy Cheesy Cheesy Cheesy Cheesy

Finally!!!!!


Paashaas has a friend. 

Thailand Approves Five Year Bitcoin And Crypto Tax Break

Thailand will exempt capital gains tax on crypto profits made through licensed platforms from 2025 to 2029, with a goal to attract global investment and support the country’s digital economy.
https://bitcoinmagazine.com/news/thailand-approves-five-year-bitcoin-and-crypto-tax-break
Ask Elwar what it's like dealing with thialand.

https://www.thedailybeast.com/bitcoin-couple-nadia-thepdet-and-chad-elwartowski-face-death-penalty-for-seasteading-off-thailand/

Haven't heard from Elwar for a while.

It appears that he logged into the forum in February of this year.. but has not been active for 6 months or more.. and even no post showing since late 2022.

BPIP profile.  He had a lot of drama (and even lost money) around those seasteading ideas, including questions of how raising money and then questions regarding the kinds of business relationships he was involved in.

Questionable sustainability when so much drama.  Maybe he was able to hang onto some of his bitcoin and then to knuckle down and perhaps register a new forum identity, yet in some sense, he seemed to get some pleasure in some of the drama.


market did dip about 4 - 5% only! !

Are these kinds of "crpto trader" folks in the room with us now?

seems geopolitical chaos lost its power, or everyone has already locked in their Diamond Hands HODL mode Grin

Hopefully no one is so retarded as to be hoding onto crypto.. that may well really be a sign of delusion.

whatever, a 20% shake before a big run is not bad at all..

are you dreaming, BALIK?

Sure sub $100k (or even right around $90k) could happen.. and there is nothing unusual about something like a 20% correction (which would be around a $90k scenario), yet it just seems strange for so many folks using that 20% correction number as if it means much of anything.

We've been in consolidation before.. yet right now consolidation that is not even breaking 10% from the high hardly justifies that down before up would be necessary. .. yet perhaps, you, BALIK, don't even know where you are at - since you think that there is some kind of meaning connected to the idea of "crypto." 

What the fuck is it, anyhow?  Maybe you can explain what it is?  "Crypto?"  hm?

You're not even a forum newbie.  You've been registered on the forum since March 2016.  All time registered on the forum (think about it, 9 years) and you still think that "crypto" means something?

Think about it.

If you had figured out bitcoin at least enough to start buying around $100 per week of bitcoin around the time of your forum registration, you would have had invested right around $47.6k, and you would have had been able to accumulate more than 13 bitcoin. That would surely have had been a good place to be.  I wonder anyone with 13 bitcoin, they are not going around speaking gibberish about some kind of concept labelled "crypto." Are they? 

Perhaps a cure to gobbledy-gook speech is to spend a couple of cycles accumulating at least $100 per week of bitcoin and then see where you are at after those two cycles.  I will admit that a guy accumulating $100 per week of bitcoin over the past 8 years is likely to have had done better than the guy who spends the next 8 years accumulating $500 per week in bitcoin. We just cannot roll back the clocks, so each of us can ONLY do whaat we are able to do, even if we might have had made some mistakes in the past.  We cannot roll back the clocks.