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

[vroom]

CCMF

I missed you carolina, welcome back!

[1634468838]

1634468838

[1634468838]

1634468838

[1634468838]

1634468838

[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!

[TERA2]

The bears tried to give a national address that we urgently needed to sell at 6K. I bought instead...

[Jacques_Bittard]

I didn't come here for the cheers of bitcoiners, but for the tears of bitcoiners! I have prayed to the altar of Karhu and I'm sure that it will soon reward me with gifts.

[TERA2]

Wells Fargo not letting me buy GBTC.

[greensheep]

More pain coming? Is karhu not pleased?

Karhu:

Although the gradual influence of surrounding cultures raised the significance of the sky-god in a monolatristic manner, the father god "Ukko" (Old Man) was originally just a nature spirit like all the others. Of the animals, the most sacred was the bear, whose real name was never uttered out loud, lest his kind be unfavorable to the hunting. The bear ("karhu" in Finnish) was seen as the embodiment of the forefathers, and for this reason it was called by many circumlocutions: mesikämmen ("mead-paw"), otso ("browed one"), kontio ("dweller of the land"), metsän kultaomena ("the golden apple of the forest") but not a god.

[lightfoot]

It's quite possible all this money from the stock market is right now about to hit bitcoin like a stone.....

[m.lov]

Sorry for OT, but how can I vote the Poll at the top of the page? Thank You

AFAIK Newbies cannot vote, one has to be at least Jr. Member for this.

Thank you

[zazzbg]

How come you say "it's all over jump on the train to the moon" when you only got 2 hours of green candles and again going down? 

[vroom]

How come you say "it's all over jump on the train to the moon" when you only got 2 hours of green candles and again going down? 

it's called hope

[gentlemand]

How come you say "it's all over jump on the train to the moon" when you only got 2 hours of green candles and again going down? 

Silence, pragmatic one.

[Nosk]

How come you say "it's all over jump on the train to the moon" when you only got 2 hours of green candles and again going down?  

"Again going down" when and how ?

I only see a +900€ since last night.

edit : Oh I'm sorry, +1000€

[TERA2]

How come you say "it's all over jump on the train to the moon" when you only got 2 hours of green candles and again going down? 

Its the volume. That last bounce on increasing volume sealed the deal with this being a really high volume day and it cant go down without doing even more volume. Also right now the 1D chart looks like a hammer candle.

[Jacques_Bittard]

How come you say "it's all over jump on the train to the moon" when you only got 2 hours of green candles and again going down? 

This phenomenon is possibly caused by the principal need to share emotion. Bitcoiners feel deep personal pain for the past month, so they think that sharing this pain with others will numb it. They need to see others loose money to make their own losses feel more trivial.

[UnDerDoG81]

Who sold at 5.9