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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 01, 2022, 12:09:48 AM
Think July will be quite green... Better CPI, Fed hikes 50 bps instead of 75 bps, stonks recover, etc. Been a lot of bloodbath lately.
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 30, 2022, 11:54:44 PM
Wow... cool
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2022, 04:15:30 PM
4h close looks good. BTC looks ready for ~$21k if you ask me.

but what if stonks start dumping extra hard on Monday?  Then what?  What about all the necessary liquidations of things like FTX Celsious et al.

Stonks closed on Monday. And I don't think FTX is in any trouble at all; in fact, most probably (from my sauces) Sam first caused the LUNA blowup, 3AC blowup, Celsius and other on-chain liquidation chases. Now he's really putting Tether on a stress-test.

But each of these things once had to be tested, and weaker schemes had to be broken, so if Sam is the one doing all this, it's better as money will most probably rotate within the industry (and/or Congress lobbying in favor of crypto) rather than going to bigger tradfi firms.
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2022, 09:43:47 PM
The volatility that we need for potential bottom forming... cool!
5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2022, 05:43:33 PM
Made my first BTC purchase after a big while. My ~20% portfolio = BTC. And this ain't a trade or something, it's the long-term hodl.

For the remaining 80%, I'm gonna wait & be extra cautious throughout the year. Going to keep watching Fed's actions & speeches closely. I won't mind getting more BTC exposure at a bit higher price in case I miss the bottom, but I really wanna see Fed's behavior getting a bit softer than right now for further BTC exposure. As of now, dollar is just too strong to ignore.

~35% portfolio = BTC

I'm not sure how I took the extremely bold step, but now I'm 80% in BTC.

40% long-term stash and 40% short-term (for a bounce to $30k or something).

Apparently, short-term stash starting to look like long-term too.

-.-

No bouncing back so far; this is so ridiculous.
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2022, 10:01:13 AM
Made my first BTC purchase after a big while. My ~20% portfolio = BTC. And this ain't a trade or something, it's the long-term hodl.

For the remaining 80%, I'm gonna wait & be extra cautious throughout the year. Going to keep watching Fed's actions & speeches closely. I won't mind getting more BTC exposure at a bit higher price in case I miss the bottom, but I really wanna see Fed's behavior getting a bit softer than right now for further BTC exposure. As of now, dollar is just too strong to ignore.

~35% portfolio = BTC

I'm not sure how I took the extremely bold step, but now I'm 80% in BTC.

40% long-term stash and 40% short-term (for a bounce to $30k or something).
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 13, 2022, 01:51:04 PM
Made my first BTC purchase after a big while. My ~20% portfolio = BTC. And this ain't a trade or something, it's the long-term hodl.

For the remaining 80%, I'm gonna wait & be extra cautious throughout the year. Going to keep watching Fed's actions & speeches closely. I won't mind getting more BTC exposure at a bit higher price in case I miss the bottom, but I really wanna see Fed's behavior getting a bit softer than right now for further BTC exposure. As of now, dollar is just too strong to ignore.

~35% portfolio = BTC
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2022, 04:19:19 PM
Made my first BTC purchase after a big while. My ~20% portfolio = BTC. And this ain't a trade or something, it's the long-term hodl.

For the remaining 80%, I'm gonna wait & be extra cautious throughout the year. Going to keep watching Fed's actions & speeches closely. I won't mind getting more BTC exposure at a bit higher price in case I miss the bottom, but I really wanna see Fed's behavior getting a bit softer than right now for further BTC exposure. As of now, dollar is just too strong to ignore.
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2022, 03:20:45 PM

~snip~

I don't necessarily look at all of the responses before I respond, but on this one, I was having some difficulties trying to figure out where Raja might be going with this, and largely he did not really 'splain his lil selfie.. even though maybe we can kind of surmise that he is suggesting that the bitcoin price dynamics may well be in a more negative state of affairs than what many of us more bullmarket oriented members are willing to see.  In some sense, he is even causing Biodom to appear as if he were also in the bull camp..... hahahahaha which in the end does seem to show that we are not all necessarily as stubborn in our views as might be portrayed.

I did appreciate the beginning of OOM's response that seemed to start out by suggesting that the number of weekly red candles in a row did not necessarily have as much significance as Raja might have been striving to make it into, with his overly predictive attributions.  However, even OOM likely recognized that his post devolved into something that seemed to be saying that no candles matter, and I doubt that he had really intended to say that.

One thing is that we are not yet through this week's candle, so we actually have about 24 hours remaining in this week's candle at the time of this post of mine, and yeah it is seeming that the odds are pretty decent that this week's candle might well turn out red, especially given that it has to close above $39,465 in order to close in the green, and within the past hour (as I type this post) we had a decently large correction down from the $38,200-ish territory and now we are bouncing around in the $37,700-ish territory with a recent (within the past 30 minutes) dip down to $37,597... So, yeah we are seeming to need to recover $2k in the next 24 hours to get back into the weekly greenie (which we know that is not even that BIG of a feat in bitcoinlandia, but we cannot necessarily expect that it is going to magically happen).

Regarding the last time that we had 5 red weekly candles in a row (actually 6 in a row), it seems that it was
August 2014, and before that it was March 2014.  I am not necessarily wanting to take away from Biodom's research, but he was admittedly using Yahoo finance rather than our historical Bitstamp reference in this thread... so bitstamp does seem to have priority when we are trying to stay on the same page and not get too much in the weeds.. but even with Biodom's pointing out the 5 in a row in March 2020.. Bitstamp is close to showing that, but it has one red, one green doji candle and then three more red.. so technically Raja is correct, even though still trying to grapple with whatever point he is wanting to argue from the mere fact that there might end up being a rare 5 weekly red candles in a row in bitcoinlandia at this particular time in bitcoin's history.

I looked at the weekly candles on  https://bitcoinwisdom.io/markets/bitstamp/btcusd rather than at Tradingview, but it seems that if you pick Bitstamp you should get the same results on either of those websites.   I also saw that through the years, there are a lot of instances of many weekly green candles in a row, but there are ONLY a handful of instances of 4 or more weekly red candles in a row.. all the way back to 2012 there are only 10 instances (including our current streak).. namely:
February 2014
March 2014 (5 red weekly candles)
July 2014
August 2014 (6 red weekly candles)
December 2015
August 2016
September 2019
October 2019
June 2020
and
Our current set of weekly red candles that currently are confirmed for 4, and might reach 5 if this week candle closes lower than $39,465 as of tomorrow (Sunday) at midnight UTC.

Now that we have sorted out the facts, why is this information important Raja?

I know that you have had been presuming that we have been in a bear market since about June 2021.. and you so much want to be right in that you believe that means that the spot price is going to reach the 200-week moving average (which is currently at $21,500-ish), and you are quite stubborn in your belief, even though nearly two years have passed.. and you are still waiting.. so gotta give you some credit to the extent that you might actually be patient rather than a troll, but I suspect that you are largely just annoying in terms of really believing that you have been playing the bitcoin market correctly, even though you did end up being correct in regards to we have not really had much if any blow off top that was greater than April 2021 (at $64,895) - even though technically we did have a wee bit higher at $69k on November 2021.. so you can fuck off with trying to proclaim that you were right, or that everyone should be playing the BTC market the way that you have been playing it or even distracting their lil selfies with shitcoins... even though you likely might not be  doing bad for yourself.. even though really the vast majority of folks are not going to be fucking around with the kinds of gambling that you have been doing - even if you personally have some abilities to kind of call some of the aspects somewhat correctly.

So go ahead and tell us what you want to tell us? 

Do you want to proclaim that you are right about something?  or are you just trying to say that this time we really are going to get enough down to get to your pie in the sky aspirations of touching the 200-week moving average?

For sure, the 100-week moving average (at $34,750) does have greater odds of being touched, but I doubt that even that is guaranteed.. because we hardly even got close to the 100-week moving average in July 2021 when our lowest price got down to $28,600, and the 100-week moving average was around $20k at that time... furthermore,.. your wet dreams about meeting the 200-week moving average was even further of a fantasy because it was at about $13.5k back then, so you ended up not even getting close to either of those - even though you were waiting for the reaching of the 200-week moving average which seems to have been a gamble that did not work out too well for you at that time.

I am not even going to say that the 200-week moving average cannot be reached, and my newest practice has been to attempt to keep buy orders open all the way down to 15% lower than the 200-week moving average - just for my own psychology to attempt to benefit from worser case outrageousnesses that can happen in bitcoinlandia from time to time....

You can see the historical 100-week moving average here

You can see the historical 200-week moving average here

Yet, it still seems to me that without getting an outrageous top, it becomes much more difficult for bitcoin to go through an outrageous bottom as you still seem to be presuming to be inevitable and near within bitcoin's future...which maybe you need some kind of a bat-slappening to help you to snap out of that negativism in your thinking about king daddy.  yeah, we did get a touching of the 200-week moving average in March 2020, but really are you expecting that kind of a severe event again.. and is bitcoin going to react the same way - more than 2 years later.. I appreciate that there are some pretty damned severe baloney macro-jugglings going on in recent times, and there could be some BIG ASS panic events with bitcoin being way more liquid than a lot of other assets, but still seems to me that it is foolish to be putting very much emphasis on that and coming into this thread and acting like you have some kind of superior vision of negative scenarios when you have been singing the same tune for two years and just hoping and hoping and hoping for something that may well not happen.. but you still want to get some kind of credit for something happening that might be close to the scenario that you outlined.. even though you have had a lot of opportunity costs in the meantime.. and also likely polluting your brain (to the extent that you have one) getting involved in various shitcoin nonsense .. but hey pollute your lil selfie as you will.

Oh JJG... you and your long-ass responses. I don't really think I can address your all points, but I'll just let you know why I was pointing out 5 consecutive red weeks. It clearly shows that BTC is overdue for a relief rally at this point of the bear market (and it probably doesn't have anything to do with many of the people in this thread as y'all are actually in this thing for long-term). Moreover, pretty much the same goes for US100, SPX, etc. We know what happened after the end of the last Fed meeting (everything pumped), and there is a good chance that same happens again on Tuesday/Wednesday after they raise rates by 50 bps.

And yeah, I still don't hold any BTC. I'm waiting for 200 WMA touch.

P.S. I wish I could've just replied this meme, but it didn't look very appropriate for an old fren lmao

10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2022, 09:34:21 PM
Come on guys, cool down a bit and move on, lmao
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2022, 09:24:47 PM

~snip~

Duh! I told you how to reproduce the result. Instead, you put in some arbitrary numbers (that don't have enough time resolution).
Put in the numbers i gave you and then see for yourself.
If for some reason you can't do this, i would upload the screenshot somewhere and repost here.

I don't know man... I'm a simple person I see Bitstamp's weekly on TradingView. I can't put in numbers; you can screenshot your graph here.

I didn't even know Yahoo still exists lmao.
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2022, 09:15:10 PM
When was the last time BTC had 5 consecutive red weeks?

~snip~


"Uhh... that's just like your opinion, man!"

Whose Bitcointalk's bio was this, BTW? Can't really remember for sure.

When was the last time BTC had 5 consecutive red weeks?

Where have I seen your username before? ..
Not on Bitcointalk for sure....

Discord? I'm in multiple crypto and stonks related trading channels.
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2022, 09:02:17 PM
When was the last time BTC had 5 consecutive red weeks?

This One is the latest and only.
Just in This year 2022 it comes true and Historical move that BTC made 5 Red Consistent Weekly Closing.

But in 2019 two times BTC made 4 time consistent Red Weekly Closing.

Source: Binance Trading History

wrong!

March 2020? I don't think so.

Sauce?

https://finance.yahoo.com/quote/BTC-USD/chart?p=BTC-USD
input 4/1 2019-4/30 2020 as dates, choose weekly barchart and...voila!

You sure, sir?

14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2022, 08:46:07 PM
When was the last time BTC had 5 consecutive red weeks?

This One is the latest and only.
Just in This year 2022 it comes true and Historical move that BTC made 5 Red Consistent Weekly Closing.

But in 2019 two times BTC made 4 time consistent Red Weekly Closing.

Source: Binance Trading History

wrong!

March 2020? I don't think so.

Sauce?
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2022, 08:33:34 PM
When was the last time BTC had 5 consecutive red weeks?
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2021, 08:31:10 PM
RIPPLE CHAIR PROPOSES PLAN TO MOVE BITCOIN AWAY FROM PROOF-OF-WORK. $XRP $BTC #BTC

lol

I am with AlcoHoDL on this one... regarding how there is any kind of relevance to BTC's consensual direction.. and surely even you are seeming to recognize the absurdity of the whole matter (going by your "lol" commentary). 

One of the misleading and even deceptive aspects is for a variety of shitcoiners and Bitcoin FUDders to actually consider that there is any kind of snowball's chance in hell that bitcoin would actually move away from proof of work at all..   Even you, Raja, likely recognize that proof of work is the actual invention/contribution of bitcoin that causes it to be so god-damned powerful and difficult to defeat in any kind of way... .. so yeah, there are a lot of newbies, ignoramuses and/or fud spreaders who are just going into looney lala land if they believe that proof of work is actually on the table as "changeable" in any kind of direction that they are proposing... in other words, let's put down the gauntlets here and really see how many actual bitcoiners (people who actually recognize and appreciate what bitcoin is and what it is doing) will tell the disingenuous misleading dweebs to fuck off.

On the actual topic of BTC stackening.. and particularly the stackening of uie-pooie Raja...  can you see an opportunity to buy some or all of your BTC back (perhaps as much as 0.21) from your last summer (2021) sale?   or?  are you still waiting for BTC's spot price to meet the 200-week moving average (currently the 200-week moving average is slightly more than $18k)?

If you are waiting for BTC spot price to meet the 200-week moving average, then your odds of success would be quite a bit higher in a bear market, and still seems to me that we are not in a bear market - even though assessments can reasonably differ, and subsequently I could be proven wrong concerning where we are at, currently...

I would think that many of us (in these here parts of the WO) consider that at some point you are likely to lose your opportunity to buy back your BTC (your whole BIG-ass stash of 0.21) for less than $55k because if we get decently-sized UPpity especially getting into the 6 digits (probably not going to happen in 2021, but 1st three quarters of 2022 still seem decently in play), then even if BTC spot price does end up subsequently getting down to the 200-week moving average, then such event would likely be at a BTC price that is higher than $55k...  .. just saying.. and surely nothing is guaranteed in Bitcoinlandia...

I don't really have time to chat here, but since you repeatedly tried to trigger me with your 0.21, uie-pooie, etc., I thought of replying. I ain't buying back my double-digit BTC until 200 WMA touch. In fact, I ain't touching any stock, metal, or even RE till two rate hikes. This is an effin' bubble that's starting to burst, created by loosened Fed's policy. 2022 is going to be total different, let alone your "6-figure" BTC LMAO

About PoW, I consider it the biggest revolution of the century (so far).
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2021, 06:14:36 PM
RIPPLE CHAIR PROPOSES PLAN TO MOVE BITCOIN AWAY FROM PROOF-OF-WORK. $XRP $BTC #BTC

lol
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2021, 08:48:44 PM
How are BTC related matters feeling now, Raja_MBZ?  

Still expecting a correction down to the 200-week moving average within the next year?  

Yeah, of course.

However, the punk that I once sold for 4-figure is now worth 7-figure. Sucks TBH.

Damn man, donít go from being a bitcoiner to a NFT-foolÖ.. 

Donít fall for the NFT illusions, my NFT is worth zero but Iím order to sell to my Friend itís worth 4 figures and to our other friend itís worth 7 figures, the not buying friend will have the NFT forever  Kiss

Haha, I agree that pretty much the whole NFT industry is just a money-grab right now; however, what pains me about missing on my punk profits ain't that. I always had an idea that being (somewhat) the very first NFTs, they're gonna grow up. However, at 4-figure, I thought it's too much and they're touching ceilings. But it seems like I was totally wrong and the 4-figure was just the new floor, not the ceiling. Celebrities, 3AC, etc., have pumped it way too much at this point.

I probably am gonna get that punk back at 5-figure. Should be possible once BTC touches 200-week moving average lol
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2021, 07:07:50 AM
How are BTC related matters feeling now, Raja_MBZ?  

Still expecting a correction down to the 200-week moving average within the next year?  

Yeah, of course.

However, the punk that I once sold for 4-figure is now worth 7-figure. Sucks TBH.
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 19, 2021, 02:10:35 PM
BTC futures ETF is now live; congratulations, guys! Though I don't hold any BTC right now, I'm still happy for this launch as BTC has played a critical role in making [EDITED, FOR OPSEC]. Eternally grateful. Moreover, since all my friends here still have most of their exposure in BTC, I'm happy.

I'll get back in the game when it feels right, but right now? No way. Again, I'm not bearish on BTC, I'm actually bearish on every effing thing (stocks, crypto, commodities, etc.)

Congratulations again, yet another big day for BTC.
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