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

[sirazimuth]

but, the cows Bob

won't somebody think of the cows

https://www.youtube.com/watch?v=akjqje-TJuo

[Ibian]

Oh my, a gay jew hating black man? You should start a youtube, the lefties would love you.

[JayJuanGee]

https://ibb.co/igV59c

as the chart
the market  is now down in one hour chart
both 50 moving average are giving me signal that market is in bearish
also RSI is going to 30 pints
which means it will going to hit atleast 7000-8000
the previous low of february month

im not that much expert
so, take my post as not that important

If you are "not that much of an expert" then why are you making absolutism like predictions about the BTC price direction?  Makes little sense.  You proclaim that the charts tell where it is going but then at the same time say that your method might not be "expert" enough.

Maybe you can reconsider your whole presentation, and recognize that technical analysis needs to be taken with a considerable grain of salt.. sure it can give you an idea of market momentum and tendency, but in the end, it should not be expressed with certainties because at best it can show you likelihoods in one direction or another and if you can express those likelihoods then you are likely on a better track than using absolutism language.. and then having to walk back your whole comment.

[JayJuanGee]

and really there could be some alt coin shaking dynamics that continues to delay our bicycle trip that takes us to the car that takes us to the train that takes us to the rocket, etc etc...
u get urselfie a grip, too!!!!!!!    

Making your new year’s resolutions? Improving your fitness might be one of your top goals. Next year, you could do that by riding a bike to work, while earning some cryptocurrency along the way too.

Is this bicycle based mining something that is already in bitcoin or something that you are working on?

 

In other words, you are a trying to fool udder peeps...

[Last of the V8s]

Well sheeeit!!1
Bitcoin up like $50 and my whole portfolio shifted by $140 million.
Gonna hafta bend over for the IRS agin!!1 Send 'em a coupla mil extra as lube.
Already on my 8th beer and that hoss is looking mighty fine about now.
I tellya, them Russkis showed up here with their neurotoxic whatnots, this proud American'd show'em the true meaning of concealed carry.
Pussy-assed Brits. Waddaya gone do?
Sheeeit!

[JayJuanGee]

And sure nobody likes Dan. But everyone wants to be Dan.

I used to be Dan. But I got tired of arguing with the completely ignorant that were absolutely sure that Bitcoin would fail - and for all the invalid reasons. So I stopped talking about it years ago. Except for cases where I did not initiate the topic.

I don't believe it.

You just switched from bitcoin over to b-cash... and started over,

And I suspect that like Roger Ver on the Alex Jones show, your devolution from bitcoin to bcash caused too much confusion amongst any possible mainstream audience.. peeps already have a hard time understanding bitcoin, and then you bring in bcash trash talk, and you completely lose anyone that has even quasi-intelligent potential.. 

You saw Ver's performance on the Alex Jones show, right?

[d_eddie]

Well sheeeit!!1
Bitcoin up like $50 and my whole portfolio shifted by $140 million.
Gonna hafta bend over for the IRS agin!!1 Send 'em a coupla mil extra as lube.
Already on my 8th beer and that hoss is looking mighty fine about now.
I tellya, them Russkis showed up here with their neurotoxic whatnots, this proud American'd show'em the true meaning of concealed carry.
Pussy-assed Brits. Waddaya gone do?
Sheeeit!

Plagiarism is the sincerest form of flattery.
Clap clap, nicely done 

[Ibian]

https://www.youtube.com/watch?v=huvBxnVNTww

[Denker]

*yawn*

G'morning folks.

Bitcorn can't make up its mind and appears to be trying to stabilize around ~$9,150 over the last twelve hours or so.

Anyway, off to get some covfefe, beer, and maybe some air-filters from Home Depot.

It's still too damn cold to use the pool.

At least there is no snow here.

So that's nice.

If you check the daily chart and switch on 200 ema/sma you'll see this is the spot bulls and bears are fighting hard for right now.
Very important level where we are located at the moment. Who ever wins this will decide where we are heading to the next couple of weeks.

[JimboToronto]

Good morning Bitcoinland.

Still going sideways... currently $9032USD/$11670CAD (Bitcoinaverage).

Yawn.

It's still too damn cold to use the pool.

At least there is no snow here.

So that's nice.

It snowed in Toronto last might. Looked like a Xmas card.

This time tomorrow I'll be back in Mexico. Hopefully there'll be no snow there.

[Last of the V8s]

Feels like lift off. Everybody hand me your merits. No time to explain...

[jojo69]

Why do you feel compelled to belabor this dark episode in our collective history?

[RayX12]

Good morning Bitcoinland.

Still going sideways... currently $9032USD/$11670CAD (Bitcoinaverage).

Yawn.

It's still too damn cold to use the pool.

At least there is no snow here.

So that's nice.

It snowed in Toronto last might. Looked like a Xmas card.

This time tomorrow I'll be back in Mexico. Hopefully there'll be no snow there.

Are you raiding the local ATM?

Jimbooooo to the rescue!  

[RayX12]

and... the HODLCAREFUL GANG!

CHOOO CHOO!

[d_eddie]

If you check the daily chart and switch on 200 ema/sma you'll see this is the spot bulls and bears are fighting hard for right now.
Very important level where we are located at the moment. Who ever wins this will decide where we are heading to the next couple of weeks.

Indeed the skirmish is turning into a long, soft battle fought on medium volume. The battleground hasn't moved at all, 9200-ish excluding 24h-48h fluctuations - that's "mammoths" in DETASO (d_eddie technical analysis, sort of).

[jojo69]

it's CRAEFULGANG

at least get it right

[Last of the V8s]

Longs are winning

[RayX12]

it's CRAEFULGANG

at least get it right

I prefer HODLCAREFUL..

[jojo69]

it's CRAEFULGANG

at least get it right

I prefer HODLCAREFUL..

then it would be HODLCRAEFUL

the misspelling was part of the pun   

[d_eddie]

The situation is liquid IMHO. I smell longer plays developing. I mean medium term, not "the future of bitcoin." At the moment, I feel I can expect to have no clue where the ball is until the end of March, with an important checkpoint tomorrow.

The best I can think now is HODL.

Second best, hedge with a safety net bet. Similar to a safety play in bridge, giving up some of the best case gains to achieve mitigation (or reversal!) of the worst case. It will be a loss, except if an unexpected black swan disaster comes around. Then it will be a big winning asset.

The bet would be a small but significant short position, with as high as possible an entry point. Looks like a contrarian move à la Tera-Beara, but actually if not done near the external stratosphere, in Carolina's orbit, it makes little sense (and possibly big damage). Hold the short to < 7k, maybe even 5.5k-6k. Don't close it too soon. If it turns into a losing nightmare, keep swallowing until it reaches a pre-set limit. Decide how much pain you're willing to swallow. Work out the limit now, before Carolina, unless you know you can keep a cool mind.

(I feel like mastereddie! Sorry for raving.)

EDIT -Some of you expert line-drawing types can suggest an appropriately high entry? 11.5k maybe?