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

[ssmc2]

It looks like things will get ugly Bitcoin is currently on its 2 hoursly chart it is forming a Head and Shoulders and we are currently completing the right shoulder. After several failed attempt to go back up above 8,500$ or more we might be going back down below 7,000$ if BTC will not break this formation we need to think of shorting is now until it is up above 8,000$. Volume is also decreasing which is an indicator that the market is still bearish on Bitcoin. MACD also formed a bearish divergence which signifies a momentum going down.

So you want me to sell?

Got it

[gembitz]

It looks like things will get ugly Bitcoin is currently on its 2 hoursly chart it is forming a Head and Shoulders and we are currently completing the right shoulder. After several failed attempt to go back up above 8,500$ or more we might be going back down below 7,000$ if BTC will not break this formation we need to think of shorting is now until it is up above 8,000$. Volume is also decreasing which is an indicator that the market is still bearish on Bitcoin. MACD also formed a bearish divergence which signifies a momentum going down.

BTCBTC///^WHEN $10,000? :-D LOLLL

[Elwar]

It looks like things will get ugly Bitcoin is currently on its 2 hoursly chart it is forming a Head and Shoulders and we are currently completing the right shoulder. After several failed attempt to go back up above 8,500$ or more we might be going back down below 7,000$ if BTC will not break this formation we need to think of shorting is now until it is up above 8,000$. Volume is also decreasing which is an indicator that the market is still bearish on Bitcoin. MACD also formed a bearish divergence which signifies a momentum going down.

I didn't go to no Harvard or anything so I don't know about all of them fancy words.

But all I know is the bitcoin price is up 1% for the day.

As for "we need to think of shorting"...I can only speak for myself and I will be hodling.

[Fazlurkhan.kz]

Bitcoin has been fluctuating near 8k for a past few days. It was similar last year around November when the price was fluctuating from 6k to 9k and then it boosted up to 19 k in the next month.
This is the chart of a few days-

This is the complete year's chart-

[conspirosphere.tk]

It looks like things will get ugly Bitcoin is currently on its 2 hoursly chart it is forming a Head and Shoulders

Zoom out & relax. I'm liking the 3D chart atm:

[BTCMILLIONAIRE]

So, what's the alternative to capitalism in your book? Cause I don't see anything wrong with it. It's the only system, if unobstructed, that self-regulates. Everything else is artificially steered by humans, humans that are inherently incapable of seeing the bigger picture of all the interactions in a system as complex as our planet. And so far I haven't even read about anything that comes even remotely close to capitalism.

Democracy on the other hand... is just the opposite extreme of authoritarian regimes and ultimately not much different.

Capitalism self-regulates just fine in some cases, like it will determine the number of barbershops in a town. But there are other cases: bank runs, monopolies, etc.

Bank runs are only a problem because banks lend out 50 times more than they have.

Which would not be a problem either if tax dollars didn't bail those fruits out.

[BTCMILLIONAIRE]

And if you complain about migrants on facebook or twitter, you go to jail. At least in germany and england, same pattern everywhere, just a matter of degrees.

Slight exaggeration. If true, the 51.9% of UK population who voted for Brexit primarily due to immigration concerns would be in jail.  You can complain about migrants, it's racism which is illegal and rightly so.

In other news....it's a sea of green in cryptoland 

Racism is illegal? Despite our problems, I'm often glad I live in America, where at least we have truly free speech.

No you don't. Not since the invention of hate speech.

Hate speech is still legal and protected speech.

And it still ends your career, even if it's a scientifically founded and rational argument that has nothing to do with actual hate. See the fired Google engineer for one very prominent example of this fact. And fuck knows how many went under the radar thanks to the liberal hive mind.

[infofront]

And if you complain about migrants on facebook or twitter, you go to jail. At least in germany and england, same pattern everywhere, just a matter of degrees.

Slight exaggeration. If true, the 51.9% of UK population who voted for Brexit primarily due to immigration concerns would be in jail.  You can complain about migrants, it's racism which is illegal and rightly so.

In other news....it's a sea of green in cryptoland 

Racism is illegal? Despite our problems, I'm often glad I live in America, where at least we have truly free speech.

No you don't. Not since the invention of hate speech.

Hate speech is still legal and protected speech.

And it still ends your career, even if it's a scientifically founded and rational argument that has nothing to do with actual hate. See the fired Google engineer for one very prominent example of this fact. And fuck knows how many went under the radar thanks to the liberal hive mind.

There's really nothing unique about hate speech though. Being vocal about one's unpopular and/or inflammatory opinions is often detrimental to one's career.

[infofront]

I'm no chart specialist but isn't this almost a double-bottom?

Technically, I think we are witnessing a rare quadruple-bottom.

Pics or it didn't happen

[Last of the V8s]

it's an Adam & Eve bottom

[BTCMILLIONAIRE]

And if you complain about migrants on facebook or twitter, you go to jail. At least in germany and england, same pattern everywhere, just a matter of degrees.

Slight exaggeration. If true, the 51.9% of UK population who voted for Brexit primarily due to immigration concerns would be in jail.  You can complain about migrants, it's racism which is illegal and rightly so.

In other news....it's a sea of green in cryptoland 

Racism is illegal? Despite our problems, I'm often glad I live in America, where at least we have truly free speech.

No you don't. Not since the invention of hate speech.

Hate speech is still legal and protected speech.

And it still ends your career, even if it's a scientifically founded and rational argument that has nothing to do with actual hate. See the fired Google engineer for one very prominent example of this fact. And fuck knows how many went under the radar thanks to the liberal hive mind.

There's really nothing unique about hate speech though. Being vocal about one's unpopular and/or inflammatory opinions is often detrimental to one's career.

Yeah, sure. If you're being a cunt you deserve what's coming at you. But the Google engineer that was fired didn't even get anywhere close to what any rational being could ever even jokingly consider as hate speech. And I'd be genuinely shocked if he was the only one who lost his job (and got blocked from getting other jobs in the area) for not participating in the 60 gender horseshit while being civil about it.

[Last of the V8s]

https://www.ethnews.com/ny-attorney-general-launches-inquiry-into-cryptocurrency-exchanges

[arklan]

https://www.ethnews.com/ny-attorney-general-launches-inquiry-into-cryptocurrency-exchanges

oh, joy. *insert eyeroll here*

[podyx]

What's with this artificial dump?

[pfrtlpfmpf]

I'm no chart specialist but isn't this almost a double-bottom?

Technically, I think we are witnessing a rare quadruple-bottom.

Finally, this IS a porn forum. I knew it all along.  

[infofront]

I'm no chart specialist but isn't this almost a double-bottom?

Technically, I think we are witnessing a rare quadruple-bottom.

Pics or it didn't happen

Happy now ?

+1 WO Merit
But I had something more like this in mind:

[explorer]

What's with this artificial dump?

Next phase?  Short wrecking flipped to long wrecking.  After a  few of these, on to the pommp.

[conspirosphere.tk]

There's really nothing unique about hate speech though. Being vocal about one's unpopular and/or inflammatory opinions is often detrimental to one's career.

Political correctness enforced in private firms is even more absurd than elsewhere, given that they are (were) supposed to mind about the budget and efficiency above all. But now this madhouse is the new normal. meh.

[RewFrew]

Zzzzz bear trap.

[Jacques_Bittard]

I think that 7000 will be tested again. If it holds, then this has real momentum, if it breaks, then it was just another fun fakeout. I'm fully out for the time being.