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

[Spaceman_Spiff_Original]

7000 breached @ Stamp.

[Searing]

I'm usually a bull, but with the coordinated (as in lets every gov't pile on the dogpile now that BTC is dropping with regs/fud)

my current thought is, that IF Tether news comes out as scammy.....BTC will dump below 4k and rebound ...if we are lucky to 8k

then a year of sideways


hope I am wrong....but I see India...piling on next and copying China FUD and then IF Tether is shown to play games FUD....

We, IMHO are not at the bottom yet....

(HODL, I shall though. I don't need this crypto to live my lovely slick, wrong side of the tracks...suburban trashy lifestyle....I have enough for retirement in the regular USA stock market....

...ah crap...that is why I got into crypto in 2013...in the first place....damn, I am totally F**KED! indeed)

Oh well, I always secretly knew my retirement would consist of being a 'Wallmart Door Greeter' ...

[yefi]

Assuming this mirrors the $2 -> $266 rally, $5000 will probably be a good stopping point.

[sirazimuth]

I hear Tom Petty song playing in background...
FREEEEE...
FREE FALLING!
Free falling.  Now I’m free falling....
Free falling....

[rafanadal]

No such thing as resistance or support
where was the resistance when it was going up, breaching record after record ?

btc is not your regular stock market.

[FractalUniverse]

This is healthy crash. If it gets yet another 1k lower, I'll panic buy with most of my remaining tethers

[elg]

yes, looking at the 6 month / 1 year chart $5000 looks like the bottom

[Biodom]

Assuming this mirrors the $2 -> $266 rally, $5000 will probably be a good stopping point.

I am getting more interested to know if the Dow is about to go down 20% or more.
Something is upsetting the markets as a whole.

[Wolf Rainer]

The global economy is going down hard. Dow Jones is dumping hard, 1.7% in just a few hours.

[rafanadal]

So is it official ? Masterluc is no longer sage ?

yes

[fragout]

$6173 on OKCOIN !! . Oh wait they stopped trading October 31st. So we are back to where we were 3 months ago. As sad as it is, it kinda puts things in perspective.
I still don't like this steady slide though. Its not how bottoms are normally formed

[Fatman3001]

[Biodom]

So is it official ? Masterluc is no longer sage ?

looks this way, for now, happens to every "sage" sooner or later.

[realr0ach]

[rafanadal]

I was an antisemite until i met you.

[Biro Bob]

So am I right in assuming that crypto is really done this time.....?

[Searing]

The global economy is going down hard. Dow Jones is dumping hard, 1.7% in just a few hours.

This is why I am always very nice to the folk at Walmart. My future status as old retired fart as Wallmart Door Greeter is looking more likely...

[TheRealProphet]

Guys i think this isnt a healthy correction, this is a crash...
We tanked more then 60% in price And still going we had many correctios
When the price was high So Dont Tell me this is a correction.

Banks And the goverments are toying with us And banning crypto
And maybe this Will go on

Good morning! Finally some people are waking up and getting out of the denial stage. So everyone is still saying this wasn't a bubble?

[YourMother]

The reversal to 12k will be just as brutal for the beartards

[Searing]

Guys i think this isnt a healthy correction, this is a crash...
We tanked more then 60% in price And still going we had many correctios
When the price was high So Dont Tell me this is a correction.

Banks And the goverments are toying with us And banning crypto
And maybe this Will go on

Good morning! Finally some people are waking up and getting out of the denial stage. So everyone is still saying this wasn't a bubble?

Well, I am still 700% up from last year...more or less....but ...still more India FUD, China FUD and Tether FUD to go.