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

[TERA2]

Yes, it is not looking bad. But neither is it looking like we are finally out of the woods. Could be nothing but a glade.

Hello glade expert. I dont know wtf a glade is (an air freshener?) but you were right about it. Now can you tell us if the current chart is just another glade or is it the real deal?

[1679386816]

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[1679386816]

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[conspirosphere.tk]

More pain coming? Is karhu not pleased?

Looks like we have to sacrifice some hodlings or it will never stop. This morning I market-dumped 20% of my stash because I could not sustain the missus anymore and right after that price bounced up like 10% already.

I'll buy back my coins if they crash to 1K or so.

[sirazimuth]

Yes, it is not looking bad. But neither is it looking like we are finally out of the woods. Could be nothing but a glade.

Hello glade expert. I dont know wtf a glade is (an air freshener?) but you were right about it. Now can you tell us if the current chart is just another glade or is it the real deal?

Just ask Jake the Snake....

[fragout]

More pain coming? Is karhu not pleased?

Looks like we have to sacrifice some hodlings or it will never stop. This morning I market-dumped 20% of my stash because I could not sustain the missus anymore and right after that price bounced up like 10% already.

I'll buy back my coins if they crash to 1K or so.

The fud seems to have died down. The weak hands have sold and the final bull signal (the missus factor) has past. Should be plain sailing from here

[Last of the V8s]

https://www.ft.com/content/78bf5612-0b1a-11e8-839d-41ca06376bf2
Central banks must clamp down on bitcoin and other cryptocurrencies to stop them “piggybacking” on mainstream institutions and becoming a “threat to financial stability”, the head of the Bank for International Settlements has warned.

“piggybacking”

[Dakustaking76]

Maybe again a bulltrap.... iT isnt over yet....

[milkshock100]

We have lift off

[Torque]

“piggybacking”

I highly doubt that Bitcoin is being leveraged as collateral for, or being tied to, any other investment vehicle at this point. That may change in the future with ETFs. But for now, nada.

They are full of shit on that one.

[Nosk]

Maybe again a bulltrap.... iT isnt over yet....

You're right, maybe it is.

(behold my mad paint skillz)



But I want to believe. Still haven't taken profit from my yesterday's long.

[Dakustaking76]

Maybe again a bulltrap.... iT isnt over yet....

You're right, maybe it is.

(behold my mad paint skillz)



But I want to believe. Still haven't taken profit from my yesterday's long.

Still a stomache Why i didnt sell around €13k - €15k, now then my btc stack was more....
But i Dont trust Exchange sites anymore. I was on kraken Damn they had many problems with there site..

[wayna]

After this brutal dump, we would probably need at least a couple of recovery days to believe that's all finished.

Anyway, if the price goes further lower it will be tough to not buy that dip

[ImI]

CCMF

[Karartma1]

CCMF

I did not sell!

You won't have my coins.

Never

[vroom]

CCMF

I missed you carolina, welcome back!

[Torque]

After this brutal dump, we would probably need at least a couple of recovery days weeks or possible a couple months to believe that's all finished.

FTFY

[El duderino_]

CCMF

I did not sell!

You won't have my coins.

Never

They shall not have mine either only i have more not very much more cause holiday and sending fiat issue with not beeing home....... but few more ,given  me uppertunity for making new lists When This one is finisht

[SecondLeoTheSecond]

Yes, it is not looking bad. But neither is it looking like we are finally out of the woods. Could be nothing but a glade.

Hello glade expert. I dont know wtf a glade is (an air freshener?) but you were right about it. Now can you tell us if the current chart is just another glade or is it the real deal?

Being vague helps in staying right.

But from the charts I see that this bounce is considerably more meaningful than the last one (Feb 2).
The Feb 2 minibounce had no correlation with a previously established level on the way up.
The Jan 17 bouce had one for example, the dip at Nov 30.
Our current one correlates with Nov 13. In addition the rise in volume is considerable more natural than the one a few days back. The hard bend in volume hints at few big players. The current one looks more like a mass of people deciding it might be a good idea to get back in.
In addition the price rise before the Nov 13 correlation was a lot more "reasonable", as far as one can call anything in here "reasonable". Around the 6000$ range on the way up the real shenanigangs began.

In any case I expect the short term to unfold similar to the Jan 17 bounce. From here some more up. Up there we will see. But down our next real chance of stop would be 3300. I don't expect a drop that far though. People who went in at these price ranges and havn't cashed out by the time it hits those levels again will probably not cash out when it is there. At these price ranges we're well past the hype with BTC on tap and grandma buying the coin. So the selling pressure should be much less existencial.

Edit:
Looking at the bunch of CCMFs being posted while I wrote this my inner lizard says "down it goes"

[wayna]

After this brutal dump, we would probably need at least a couple of recovery days weeks or possible a couple months to believe that's all finished.

FTFY

I'm probably too optimistic!!

[lightfoot]

Finally. Train pictures!

[ivomm]

You didn't get my bitcoins succers! Still all on HW! HODOR HODL!