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

[criptix]

7.4, 6.3, 5.7 --> 3 k 

[DPoS2]

Support at .786 fib has been tested and is now holding around $7.6k. A full retrace down to $7.3k is possible to complete the double top. I think we are pretty close..

#btfd #dyor

So $20k by May?

[Vlada69]

By this time it is obvious we are going to test 6k. So if BTC goes below that my guess we will see 3.25k in near future. Trump tarifs, rate increase, Russia, you name it. All of those bringing markets down.

[pacman7331]

buy the fucking dip

May be a good long at 7250 bounce.

[HairyMaclairy]

$300 ETH soon

[criptix]

$300 ETH soon

Yep we back at .055 again.

Im seeing that we might even retest .045 lol coz btc is going down.

#rip eth

[Hueristic]

... don't forget to open up and let FaceSpook into your life ... and all your friend's lives too.

Data-rape is now available for everybody, not just the 'conspiracists'. Let's be real, FaceSpook is a govt.-backed surveillance and intelligence black-op masquerading as a global tech. corporation.

Candide, penetrated with so much goodness, threw himself at his feet, crying, “Now I am convinced that my Master Pangloss told me truth when he said that everything was for the best in this world; for I am infinitely more affected with your extraordinary generosity than with the inhumanity of that gentleman in the black cloak, and his wife.”
 

Holy shit this used t be my favorite move that no-one knew about. "Do not Question authority".

[pacman7331]

7.4, 6.3, 5.7 --> 3 k  

Acutally its 7500 then 7250 then 5900.

Dunno where u getting 3k.

[Jacques_Bittard]

Pigs will always get slaughtered, and everyone who expected the bullrun to just continue after 2017 Dec, were greedy little pigs who got what they deserve. Same here, with pigs thinking that every little spike upwards marks a trend reversal to a new bullrun. These pigs will also get slaughtered. Everything is the same as 2014.

[babanana]

Buying for dumping, losing some gains until the lowest level is reached. Bear season ahead.

Same strategy used on bull run but the objective is the opposite. Bear run. 

[pacman7331]

Pigs will always get slaughtered, and everyone who expected the bullrun to just continue after 2017 Dec, were greedy little pigs who got what they deserve. Same here, with pigs thinking that every little spike upwards marks a trend reversal to a new bullrun. These pigs will also get slaughtered. Everything is the same as 2014.

Still got every coin I paid for.  

Are u bidding low? I’ll pass!  

One day you’ll get what u deserve too.

[Jacques_Bittard]

One day you’ll get what u deserve too.

If you really think so, then thank you!

[jojo69]

whelp, better go beg for my old job back

[realr0ach]

Pigs will always get slaughtered, and everyone who expected the bullrun to just continue after 2017 Dec, were greedy little pigs who got what they deserve. Same here, with pigs thinking that every little spike upwards marks a trend reversal to a new bullrun. These pigs will also get slaughtered. Everything is the same as 2014.

I nominate JayJuanGee for Lord of the Pigs.

[hd060053]

BTC 62 % down from ATH. Remember, this is the phase where whales are buying big. This time, also Wall Street money is in. Smart money is buying now.

I have observed the last 3 big bubbles and it's always the same pattern. At the first bubble I have made the mistake and sold at this phase. Everyone I know made this mistake once.

At least after the next halfing (2020) we will see a new ATH, but possibly also earlier. Patience is needed.

[Harlot]

There is a break down on a weak bear flag which has confirmed the process, expect Bitcoin to drop up to 7,200$ (or even more) but we can expect Bitcoin to bounce right back up again in 7,400$ (although this bounce probability is low). The MACD bullish crossover was not enough to stop the break down formed in the hourly chart but the crossover is a sign that Bitcoin could be back on a bullish trend in a short period. Cutting losses now might now be a good option as we don't know how deep will it fall or will it even fall.

[mindrust]

By this time it is obvious we are going to test 6k. So if BTC goes below that my guess we will see 3.25k in near future. Trump tarifs, rate increase, Russia, you name it. All of those bringing markets down.

Rate increase is the biggest problem here. No more free dollars, no more bubbles.

Lots of companies will go out of business because of this. Mortgages, banks, retail markets... Everybody will have his fair share from the FEDocalypse.

Sad thing is if the interest rates go higher, it won't just destroy bubbles because those bubbles existed for so long, they became the economy itself. That's why some experts call this a "bubble economy".

And bitcoin, some called it "tulips of our century", even if it had nothing to do with tulips, will get affected because bubble or not, everything is connected.

And then it will be a  dot.com. 2.0

Bitcoin goes to sub $1k levels, people suicide, alts get completely destroyed, people even suicide more. FED decides to lower the interests again and starts printing money, people completely lose interest in USD or any other paper money because they'll hold the FED responsible for the carnage, then people will completely leave the current banking system and...

Bitcoin > $1 million USD.

When that time comes, it won't matter because USD will be no better than Zimbabwe dollars.

P.S. BTC is the real USD and true vision of Abraham Lincoln.

[HairyMaclairy]

Sounds promising !

[Jacques_Bittard]

TA with bitcoin is rationalization of gambling.
What counts is if 7 billion $ flows in to pay for the miners cost, or this 7 billion $ will be taken out coin value. Extremely expensive mining is the biggest flaw of bitcoin. Because of this, if bitcoin isn't expanding, then it will be quickly imploding on the weight of it's mining costs.

[HairyMaclairy]

Which is why difficulty can fall my dear boy.