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

[klee]

Bears never gonna learn 

[1715439018]

1715439018

[Chuckee]

Bitcoin is done! The only ones left pumping are religious zealots and people of blind faith who latched onto snake oil salesmen like rpietila. Breaking $500 will be the watershed moment... cut your loose before it's too late!

[ChartBuddy]

Explanation

[grappa_barricata]

Poor litecoin is exhaling his last breaths...

[freedomno1]

Quite the convenient spot
I can say that its about 50% down from when it was in the 1000 dollar range
Good old rock solid price.

[molecular]

Quite the convenient spot
I can say that its about 50% down from when it was in the 1000 dollar range
Good old rock solid price.

just when you get used to it... ;-)

[grappa_barricata]

Listening to this, to focus the mind.

And this, if you want to lose yourself in the meta realms.

[klee]

Another bear bites the dust!

[Wandererfromthenorth]

I think we'll be revisiting the $450s the following weeks.

Perma-bulls please, don't be cheerleaders. BTC is still bearish.
-Low volume
-The little rallies we see are very short lived and they seem just an excuse for the whales (or anyone for that matter) to sell higher.
-Bitlicense and Winklevoss ETF uncertainties.


By basic TA the next attempt at a big rally should be around November, we'll see how that is gonna play out.
For now, stop cheering at every green candle, and stop wanting BTC to be a get rich quick scheme, it's getting ridiculous.

[freedomno1]

Quite the convenient spot
I can say that its about 50% down from when it was in the 1000 dollar range
Good old rock solid price.

just when you get used to it... ;-)

No worries molecular I'm ready for a 420 Party if the chips go down 
Still waiting 

[Newbie1022]

I think we'll be revisiting the $450s the following weeks.

Perma-bulls please, don't be cheerleaders. BTC is still bearish.
-Low volume
-The little rallies we see are very short lived and they seem just an excuse for the whales (or anyone for that matter) to sell higher.
-Bitlicense and Winklevoss ETF uncertainties.


By basic TA the next attempt at a big rally should be around November, we'll see how that is gonna play out.
For now, stop cheering at every green candle, and stop wanting BTC to be a get rich quick scheme, it's getting ridiculous.

The potential that is GABI and the Dubai exchange ran by Igot should be propelling the price, right now, even if they eventually flop. Arguably, GABI is already priced in. I think the price is a bit cheap in the near term, though.

Longer term, I think the Winklevoss thing, despite being thought of as a sure shot, will actually be shot down. But, at this very moment in time I am buying all in and expecting prices not to deviate downward more than another $10 and upwards up to $50 or $60 within the next couple weeks.

Finally, I think the bears have been louder than the bulls as of late which suggests we are nearing a turning point.

[Newbie1022]

Or... to put it another way...

[edwardspitz]

Traders don't seem too exited about this new lower price following the latest dump. Very low trading activity and no trades taking place on Bitfinex for almost 10 minutes  

[Newbie1022]

Traders don't seem too exited about this new lower price following the latest dump. Very low trading activity and no trades taking place on Bitfinex for almost 10 minutes  

I think the waiting is of an active sort. Not that people aren't interested in buying at this price, but simply that they think they can get an even better price.

[ChartBuddy]

Explanation

[Hunyadi]

GABI is already priced in.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[falllling]

I think we'll be revisiting the $450s the following weeks.

Perma-bulls please, don't be cheerleaders. BTC is still bearish.
-Low volume
-The little rallies we see are very short lived and they seem just an excuse for the whales (or anyone for that matter) to sell higher.
-Bitlicense and Winklevoss ETF uncertainties.


By basic TA the next attempt at a big rally should be around November, we'll see how that is gonna play out.
For now, stop cheering at every green candle, and stop wanting BTC to be a get rich quick scheme, it's getting ridiculous.

The potential that is GABI and the Dubai exchange ran by Igot should be propelling the price, right now, even if they eventually flop. Arguably, GABI is already priced in. I think the price is a bit cheap in the near term, though.

Longer term, I think the Winklevoss thing, despite being thought of as a sure shot, will actually be shot down. But, at this very moment in time I am buying all in and expecting prices not to deviate downward more than another $10 and upwards up to $50 or $60 within the next couple weeks.

Finally, I think the bears have been louder than the bulls as of late which suggests we are nearing a turning point.

bitcoin is going down to where it came from

[seljo]

I'll going to ask Van Hellsling the dumpyr slayer to intervene...