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Question: When $60K? (EST time zone)
Feb. 21 - 7 (5.7%)
Feb. 22 - 19 (15.6%)
Feb. 23 - 13 (10.7%)
Feb. 24 - 9 (7.4%)
Feb. 25 - 8 (6.6%)
Feb. 26 - 9 (7.4%)
Feb. 27 - 3 (2.5%)
Feb. 28 - 4 (3.3%)
March - 28 (23%)
After March - 14 (11.5%)
Never - 8 (6.6%)
Total Voters: 122

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25188814 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13 users deleted.)
Torque
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June 26, 2017, 03:27:18 PM

Keep an eye on the total crypto market cap.

If we break below the $97B cap and stay there for a while, the total crypto market downtrend will be confirmed.

At that point I think alts will start trading back into btc on every btc dip.

We hit $96B. Stay frosty my friends.
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European Central Bank
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June 26, 2017, 03:29:51 PM

Keep an eye on the total crypto market cap.

If we break below the $97B cap and stay there for a while, the total crypto market downtrend will be confirmed.

At that point I think alts will start trading back into btc on every btc dip.

We hit $96B. Stay frosty my friends.

they'll be going straight for dollars. altcoin pumpers don't care about bitcoin. if they get dollars through bitcoin then that's a negative and it's probably the main route.
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June 26, 2017, 03:32:14 PM

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/



Those of you who know MasterLuc, he has been accurate in the past. Here is his prediction. If this is true then no need to panic.


I don't believe a lot of predictions but for some reason I am drawn to his posts and opinions.

This graph has the beauty of the classical masterpieces. If masterluc were an architech this would be an gothic cathedral. I share his vision too.


I feel it's a little high in a short timeframe but then again...who the hell am I? I'll just enjoy it and keep on with my life.


I would consider three possible tops.

1) $4k to $6k

2) $9k to $12k

and

3) $15k to $20k



I cannot see going higher than $20k at the absolute highest in this particular run, but $4k to $6k would be more realistic, but if scaling does get unambiguously resolved then the more bullish scenarios become more likely.

Randomly decided that 6-8k and 12-15k is not likely, strange. What i care about is what the bottom of this correction will be. I think it drops below 2k for a short while. You might see some bitcoin traded at 1500 before this correction is done.
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June 26, 2017, 03:44:25 PM

I think it drops below 2k for a short while. You might see some bitcoin traded at 1500 before this correction is done.

You've sold your bitcoins at 1500? I feel sorry for your loss.
 
becoin
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June 26, 2017, 03:48:15 PM

altcoin pumpers don't care about bitcoin.

Wrong.
Most of alt pumpers are bitcoin seller anticipating correction that never happened.
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June 26, 2017, 03:53:43 PM

I think it drops below 2k for a short while. You might see some bitcoin traded at 1500 before this correction is done.

You've sold your bitcoins at 1500? I feel sorry for your loss.
 


I really do not hope that it will not go that deep. I shure smell some denial though.

IF you need a strong chart indicator take a look at the "Williams Alligator" forming
in the 6h graph.

Here have an excerpt from tomorrows newspaper:

27.06.2017



Two cryptoinvestors died in a routine trade on tuesday on kraken.com after their marcet situation turned out to be a bear, authorities said.
The accident took place with a denial trading sentiment. Both were highly experienced and had never had a bear deploy from their parachute pack before.

Local police said that the moment the trade was pulled, a bear released. “We don’t know how long it had been in there, or how it survived,” one officer on the scene said.
“But it was very hungry. It began eating the bitcoin investors mid-plummet.”
 
“The cause of death was being eaten by a bear. They never even reached the ground,”
Torque
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June 26, 2017, 03:57:54 PM

^^^^
Now that is some funny shit. I about spit my coffee.  Cheesy
JayJuanGee
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How much alt coin diversification is needed? 0%?


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June 26, 2017, 04:00:57 PM

Keep an eye on the total crypto market cap.

If we break below the $97B cap and stay there for a while, the total crypto market downtrend will be confirmed.

At that point I think alts will start trading back into btc on every btc dip.

We hit $96B. Stay frosty my friends.

they'll be going straight for dollars. altcoin pumpers don't care about bitcoin. if they get dollars through bitcoin then that's a negative and it's probably the main route.

But some of the ETH and ICOs have periods in which the coins are locked in, so they cannot even sell if they wanted to.  I don't know if that is bearish or bullish for the ETH and ICOs..   but in the short term that money is not flowing into dollars, BTC or ETH...
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June 26, 2017, 04:01:26 PM
Last edit: July 14, 2017, 05:57:24 AM by r0ach


Torque
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June 26, 2017, 04:03:09 PM

But some of the ETH and ICOs have periods in which the coins are locked in, so they cannot even sell if they wanted to.  I don't know if that is bearish or bullish for the ETH and ICOs..

If true then I would say bearish. That makes the float even thinner. Shorts can just keep hammering the crap out of ETH. Those ICOs will watch their funds dwindle to nothing.

IMHO this was the alt pumpers plan all along...
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June 26, 2017, 04:04:08 PM

I think it drops below 2k for a short while. You might see some bitcoin traded at 1500 before this correction is done.

You've sold your bitcoins at 1500? I feel sorry for your loss.
 


I really do not hope that it will not go that deep. I shure smell some denial though.

IF you need a strong chart indicator take a look at the "Williams Alligator" forming
in the 6h graph.

I don't need charts. They are for noobs to stare at them and get self hypnotized when they can't handle the truth.
Ziploc
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June 26, 2017, 04:04:58 PM

That is why i dont suggest anyone bitcoin as a long term Investment.

PS:Let only me Speculate... Wink
JayJuanGee
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How much alt coin diversification is needed? 0%?


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June 26, 2017, 04:09:49 PM

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/



Those of you who know MasterLuc, he has been accurate in the past. Here is his prediction. If this is true then no need to panic.


I don't believe a lot of predictions but for some reason I am drawn to his posts and opinions.

This graph has the beauty of the classical masterpieces. If masterluc were an architech this would be an gothic cathedral. I share his vision too.


I feel it's a little high in a short timeframe but then again...who the hell am I? I'll just enjoy it and keep on with my life.


I would consider three possible tops.

1) $4k to $6k

2) $9k to $12k

and

3) $15k to $20k



I cannot see going higher than $20k at the absolute highest in this particular run, but $4k to $6k would be more realistic, but if scaling does get unambiguously resolved then the more bullish scenarios become more likely.

Randomly decided that 6-8k and 12-15k is not likely, strange. What i care about is what the bottom of this correction will be. I think it drops below 2k for a short while. You might see some bitcoin traded at 1500 before this correction is done.


Yes, of course, we have upside and we have downside potential, and surely the downside seems to be some of the more immediate concern, but surely the downside does not look as bad and dire as it did a week ago...

You could be correct that $1500 is possible, but it seems like it is going to take quite a bit of effort to get that low, so if you do not have coins, you should be taking advantage of this dip/correction which may not go as far as some of you bitcoin naysayers would like. 

  Tongue Tongue
SaintFlow
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June 26, 2017, 04:10:21 PM

I don't need charts. They are for noobs to stare at them and get self hypnotized when they can't handle the truth.

Charts sure have this tendency and whales make their own market. Can you elaborate a bit on ... "truth"?
becoin
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June 26, 2017, 04:13:25 PM

That is why i dont suggest anyone bitcoin as a long term Investment.

PS:Let only me Speculate... Wink

Why? I've bought my bitcoins at $24. Now they are x100. I'm quite happy with my long term investment. This is my argument. What is yours?
BlindMayorBitcorn
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June 26, 2017, 04:18:13 PM

^^^^
Now that is some funny shit. I about spit my coffee.  Cheesy

Could be a bad omen. The funnier he gets the lower we go.
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June 26, 2017, 04:29:16 PM

unhappy hodler. I hate this freefall shit
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June 26, 2017, 04:31:44 PM

Interesting BTC is going down considering how bullish the current situation is. I take it most people are under this cloud of uncertainty propagated by the BTC elites regarding segwit2x. Goes to show how misinformed the general crypto populace is regarding present state of affairs. What do the masses believe? Whatever the fuck you tell them.

More cheap coins for them before we go exponential I guess.

Dakustaking76
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June 26, 2017, 04:32:23 PM

Can someone explain Why this aint stopping?
micalith
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June 26, 2017, 04:34:13 PM

Can someone explain Why this aint stopping?

All I can hope is that this is a blood in the streets final dump, which often marks the beginning of at new rise, or at least large bull trap respite
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