the evening wall report


Its complete chaos out there folks...the Bears have launched a massive counter attack and driven the Bulls back down into the $8,000. A crushing blow just days before the halving..what are hodlers to make of this massive capitulation?

Stay tuned as those here on whats left of the Wall try to make sense of this brutal assault. 





4h


D

+1 WOsMerit

Its actually quite hard to 'stop' in space..a fact not wholly appreciated.



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in other news..combat operations continue in the upper $9,000's with Bears gaining the upper hand in the short term today and pushing the Bulls away from ten thousand

we have unconfirmed video from the front lines brought to you by GAINZ CORP



 

+1 WOsMerit


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the noon wall report

a couple of charts with a couple of observations   

$10k boil achieved..simmer until al dente      this small correction was only obviously visible on the three hour chart     #dyor
3h


obviously things can be turned off or turned down...but when dealing with longer time frames..there is no switch to flip sometimes..trades sometimes having been set up months or years in advance need to unwind

the point being markets have inertia and at this particular juncture the inertia appears to be upwards
W

#stronghands

re: wall report

It has come to the attention of the High Command that there could be some talk in the general rank and file about not fully disclosing the extent of the current war effort and more importantly not clearly stating objectives. After war gaming countless scenarios the High Command has concluded that victory is a near certainty and that it is just a matter of which time frame our efforts for phase 2 operations can conclude.

That having been decided..High Command has de-classified this battle plan to be disseminated to all wall personnel immediately. Do your part, follow color coding and practice safe social distancing during an emergency.

 That is all.

the evening wall report

Challenging a known s/r zone and the psychological $10k barrier has bitcoin in the thick of things with just days left until the highly anticipated and increasingly talked about halving occurs.

bulldog watch and laugh as cat hang upside down from branch
4h



Now I can hardly tell you what the price will be tomorrow, let alone a couple months from now. What I can tell you is this..I like how bitcoin has behaved over the last couple of months. Several trying weeks by any ones standard and in all honestly the possibility of more to come. During that time when all markets faltered with panic, bitcoin showed measured strength and a rational recovery. That recovery has continued to simmer and is now boiling at a full bull roar by most measures.

Now are we are the top and are we going to crash? I dont know...nobody knows..not really.

What I can observe is the fact that bitcoin has traded in this range for the last 3 years as well as this year. 2017,2018 and 2019 all saw trading in the 5 digit range for a time.
That was prior to the stark post-pandemic world we see today..prior to the Fed's doubling down on a monetary policy of unlimited printing. Prior to corrupt nation states defaulting on currencies across global markets.
I could go on but dont feel like I need to.

All I can tell you is today, I am much more comfortable with bitcoin trading at(or near or above)5 figures, than I was any of those other years.

Not sure what it means or if its helpful but there you go.   #dyor
D

#stronghands

+1 WOsMerit

Bitcoin crosses $10k resistance in another strong day.  #dyor

cat climbs tree
4h


the first leg done yet the journey continues onward..up the hill..one step at a time
D

#stronghands

the noon wall report at 1:50pm

A full blown assault today by the Bull forces has pushed around $9.5k resistance set up by the Bears and now lays siege on $10k. The Bears launched a fierce counter attack to push back into the $9.8k to $$9.9k range as we approached press time. More on this story later as it develops. 24/7 thermal camera drones shall continue safety patrols until further notice. That is all.  Now back to your regular scheduled programming
4h


what if the cup was bigger than i thought?  anyway..classic cup and handle break out. buy the dips. #dyor
D

#stronghands

the morning wall report

Bullish forces lead out early today with shots fired across the $9.5k resistance level. Bears have little ground left to defend before the psychological barrier of $10k will be in sight. 

A new higher high posted above $9.6k
1h


baby bull continues to stand tall
D

+1 WOsMerit




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nobody was shitting on your idea..maybe just you...a little bit   bitcoin goes up..bitcoin goes down...it will do this..just right now you talking bearishness when market seems pretty determined to be bullish will make you a target..expect some flack.

Observing new local top above $9,500     dyor
1h



4h

stronghands