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

[HairyMaclairy]

I’m not a believer until $11,200

You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.

C'mon guys... do u rally believe the bear market is over? Just because we're on the edge of our channel?

Dreamers  (or even believers)

So tell us darling - how do we know the bear market is over?

[pacman7331]

50ma and down trend break both intersect at 10200. Support at 10700, 10800.

[PoolMinor]

I’m not a believer until $11,200

You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.

C'mon guys... do u rally believe the bear market is over? Just because we're on the edge of our channel?

Dreamers  (or even believers)

Remember!

Charts can only tell you the past. You may use indicators and trendlines to gain knowledge that provides a more educated guess, but it still remains a guess.

[bitcoinminer42]

I’m not a believer until $11,200

You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.

C'mon guys... do u rally believe the bear market is over? Just because we're on the edge of our channel?

Dreamers  (or even believers)

So tell us darling - how do we know the bear market is over?

If we hit 20k it definitely is  

[HairyMaclairy]

I’m not a believer until $11,200

You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.

C'mon guys... do u rally believe the bear market is over? Just because we're on the edge of our channel?

Dreamers  (or even believers)

So tell us darling - how do we know the bear market is over?

If we hit 20k it definitely is  

Yeah that’s not particularly helpful for those who want to enter before then...

[bitcoinminer42]

Wrong time to just enter... maybe we'll get some signals next week(end)...

Why those guys not entered at 6k? Or 2015? 

[Biodom]

No matter how rich or lucky I am, my lifetime is capped. No soft or hard fork can inflate my healthy living years to 1000.

It's important to make each minute count.

I agree with the second part, not necessarily with the first.

there was no crypto before Satoshi
there was no www before early nineties
there were no PCs just 43 years ago

Check out Altered Carbon (read the book before watching the show) or even more original Schild's Ladder (both published in 2002). Would you be able in, say, 40-50 years, transfer your mental state to a different substrate? A fascinating topic.

[d_eddie]

(snip)

So tell us darling - how do we know the bear market is over?

If we hit 20k it definitely is  

Yeah that’s not particularly helpful for those who want to enter before then...

Can a series of movements be taken as a more reliable sign? As in "down to 9.8k-9.9k, up again to 12.2k and slowly climbing 100$ a day for a week"? Or some hydraulic quantitative measure (using Toxic's suggestive idea of pools that fill up)?

Maybe it's too simplistic to try and define a complex situation by a simple level to be reached, if the path is not also taken into account.

[JayJuanGee]

I’m not a believer until $11,200

You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.

C'mon guys... do u rally believe the bear market is over? Just because we're on the edge of our channel?

Dreamers  (or even believers)

I don't think that we are saying anything beyond  BTC prices moving beyond short term resistance points, and usually when we get breaks past resistance points, then we get additional UP from there without as much resistance, but I think that a lot of folks (at least the more bullish posters) in this thread have been inclined to believe that we are more likely in an early 2013 scenario rather than an early 2014 situation.  So what are you proposing or predicting, besides trying to make it appear that we are saying more than we are and twisting around the concept of dream/believe?

[bitcoinminer42]

(snip)

So tell us darling - how do we know the bear market is over?

If we hit 20k it definitely is  

Yeah that’s not particularly helpful for those who want to enter before then...

Can a series of movements be taken as a more reliable sign? As in "down to 9.8k-9.9k, up again to 12.2k and slowly climbing 100$ a day for a week"? Or some hydraulic quantitative measure (using Toxic's suggestive idea of pools that fill up)?

Maybe it's too simplistic to try and define a complex situation by a simple level to be reached, if the path is not also taken into account.

If we close above 12.2k on a daily base... thats your sign...

If...

[RoomBot]

HA, HA, get on the train, Bears!

[marcus_of_augustus]

[Biodom]

Minding the gap?

[Mame]

I am expecting for more than that, i want to recover my loses because i start investing in bitcoin when the value is $12100. But i have small investment when the value of bitcoin is @$8700. That is why almost my loses was recovered but still i want more to gain much huge profit.

[d_eddie]

No matter how rich or lucky I am, my lifetime is capped. No soft or hard fork can inflate my healthy living years to 1000.

It's important to make each minute count.

I agree with the second part, not necessarily with the first.

there was no crypto before Satoshi
there was no www before early nineties
there was no PCs just 43 years ago

Check out Altered Carbon (read the book before watching the show) or even more original Schild's Ladder (both published in 2002). Can you transfer your mental state to a different substrate? A fascinating topic.

The topic is fascinating indeed. Some gentlemen in this forum are a valuable source of enriching reads, fiction or essay.

Not sure if the transfer of a human mental state to a different substrate is even possible in principle. I guess in principle it is, if we keep a reductionist stance. But apart from the feasibility during our own lifetime, which already seems dubious to put it mildly, I think we are far from understanding the relationship between such mental states and our conscience.

Is consciousness an emerging quality? Does it have to happen once a system reaches a certain threshold of complexity? How, where is it felt? Where is the qualitative content of "blue" when I perceive blue? The retina, the cones, the nerve, the visual cortex, the other thingamabob and... and what? WHO will feel MY feelings? Me or the other substrate? What, I am the other substrate? No, I am I! Or am I?

This gets so close to metaphysics that I feel inadequate. Assuming I'll be dead, say, 200 years from now seems more reasonable and useful as an assumption, even if it comes across as bearish.

I'm no bear
I swear
I just don't know how far I'll fare.

In utter confusion, I'll check out your reading suggestions at the very least. Thanks.

[Ivor Biggun]

(snip)

So tell us darling - how do we know the bear market is over?

If we hit 20k it definitely is  

Yeah that’s not particularly helpful for those who want to enter before then...

Can a series of movements be taken as a more reliable sign? As in "down to 9.8k-9.9k, up again to 12.2k and slowly climbing 100$ a day for a week"? Or some hydraulic quantitative measure (using Toxic's suggestive idea of pools that fill up)?

Maybe it's too simplistic to try and define a complex situation by a simple level to be reached, if the path is not also taken into account.

If we close above 12.2k on a daily base... thats your sign...

If...

What more do you need than bitcoin at $11111? ... thats your sign...

[HairyMaclairy]

Uh oh

https://youtu.be/NFfrI1jRaV4

[infofront]

If we can get to ~$11,600, the inverse H&S will be complete. That should get us at least to the major resistance at ~$12,800.

Is there a difference between an inverse head and shoulders and a cup and handle in terms of what it expects to come next?  Are they both short term bullish?  Anyone?

Both short term bullish.

[Rosewater Foundation]

But will it blend?

[JayJuanGee]

I am expecting for more than that, i want to recover my loses because i start investing in bitcoin when the value is $12100. But i have small investment when the value of bitcoin is @$8700. That is why almost my loses was recovered but still i want more to gain much huge profit.

Patience you must have, grasshopper.