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

[fluidjax]

I think the most significant stuff atm

Bullish
 [ ...]
Accumulation pre 2X fork, to make sure you are on both sides.

IMO, the Segwit2X fork is a reason to NOT invest right now, and better wait for the coming big troubles, in order to buy cheaper. So I don't agree with your "bullish" classification

You maybe right, the problem is, if there is a fork, you will need to wait until the dust settles before you know who has won.
Choosing the losing side after the fork and you may lose everything.
Waiting until you can see who has won and the BTC may cost you more than it is now.
Pre Fork purchase guarantees you are on the winning side (and losing side if both forks don't die.).

I think the price is going to rise before the fork not go down, after the fork is anyones guess.

[1714481989]

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[1714481989]

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[1714481989]

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[ghandi]

Damnit, no giphy direct links...

Imagine the rising rocket gif yourself

[Punisher1314]

Notice all the dancing around 3770-3780?

Yeah, well a decisive upward break of 3800 will break the downtrend since 4980.

Yeah, looks like breakout is imminent...  

These are the lovely points for short term trading. When price tries a upper support a lot of times for so many hours, that is a strong signal. Who is in for a long?  

Edit: pumped just when i was writing lol

[soullyG]

[Meuh6879]

Not bad ... try better, boya ...

[ragnar0k]

Just broke bearish trend for no reason whatsoever.
Either is inside trading or someone is playing with us. No idea how to read this...

[yermom]

Honestly I see no big rise.

You're all very good at consoling yourselves with all kinds of anecdotal comfort theories. Not so great at simply entertaining the stark reality that this rise may have a correction that's no different - proportionally - from all others. Go back and watch that Elliot Wave analysis again. I'm not saying it's definitely going to happen but it's at least as likely as anything else, if not more so.

Quote my complete message, you troll!!
You are comparing a x10 in price along 12 months. and x10 in price in 1 month. Despite other contradictions that I do not want to discuss now.
I'm not in the mood to troll the troll. I don't use the ignore button, but not gonna feed you again  

[YamashitaRen]

@ragnar0k
Well started a few days ago, but like you I don't get where this comes from... The "3500 double bottom" maybe...

https://bitcointalk.org/index.php?topic=178336.msg22122795#msg22122795

[ErisDiscordia]

Notice all the dancing around 3770-3780?

Yeah, well a decisive upward break of 3800 will break the downtrend since 4980.

Here it is! Any news? Or is this just traders doing their thing, breaking the bearish line of resistance?

[degxtra1]

[RealMachasm]

Lol! One minute trolls are doom and gloom, next minute a $200 price jump up.

[ragnar0k]

@ragnar0k
Well started a few days ago, but like you I don't get where this comes from... The "3500 double bottom" maybe...

https://bitcointalk.org/index.php?topic=178336.msg22122795#msg22122795

But... I was watching the chart... all of a sudden one big green line! It has to be a coordinated thing by someone with a lot of money to make it raise like that... happened in 3 minutes

[fragout]

Just broke bearish trend for no reason whatsoever.
Either is inside trading or someone is playing with us. No idea how to read this...

Ascending triangle + reverse head and shoulders = Breakout obviously

dunno really but sounds as good as most TA here

[SERVERIA]

Banksters (JPMorgan?) realized their trolls won't manage to drop the price any lower with their fud - there are no weak hands left apparently. So they just decided to bite the bullet and buy at the current price.  

[YamashitaRen]

@ragnar0k
Well started a few days ago, but like you I don't get where this comes from... The "3500 double bottom" maybe...

https://bitcointalk.org/index.php?topic=178336.msg22122795#msg22122795

But... I was watching the chart... all of a sudden one big green line! It has to be a coordinated thing by someone with a lot of money to make it raise like that... happened in 3 minutes

Nope, it happened so fast because it broke out the downtrend line.
I had my finger on "buy" when it hit 3800 and I was like "naaah it's a trap, don't fall in it".
Yeah. A trap. 

[ghandi]

It's technical analysis magic. Self fullfilling prophecies



In the end it looks good.

[toknormal]

 Go back and watch that Elliot Wave analysis again.
 

Did you watch it? Because the dude doesn't say it's going to $200 prior to $20k as you stated, he says the correction is nearly complete for this leg, and it could then go to $79k before a much deeper correction.

"Seven to Nine Thousand", not $79k.

Have a look at the scale. He also clarifies it later on on the logarithmic scale. He expects it to go to $7000 to $9000 for the final wave, then correct in a 2 wave retrace to retest the start of wave 5 (which would be the $180 level) before leaving this entire range for good.

[BlindMayorBitcorn]

Such doom, many tears.

[SERVERIA]

Such doom, many tears.

OMG, OMG need to sell fast, we're all gonna die!  

P.S. Big thanks to toknormal for opening my eyes 

[JimboToronto]

Good morning Bitcoinland.

Nice little rise in the last hour I see... currently $3915USD/$4830CAD (Bitcoinaverage).

AltcoinCash is also up... $448USD/$553CAD (Coinmarketcap).

No big deal. We're basically back to where we were 5 days ago.

I'll start getting excited again when it passes $4.5k.