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

[Last of the V8s]

[Globb0]

Wait a second, which way is the bitcoin logo tilting? Just checking if we need to get mad?

[Last of the V8s]

Can't we just all get along?

[Toxic2040]

Can't we just all get along?

Impossibru.  

*WARNING*
Bearish flipflop in progress below. Use at your own discretion.

Good morning all.

I think we will see a minor move upwards this week after some volatility over the next 24 hours. By weeks end I think we are due for a medium sized retraction. Miners are in or near profit from what I understand and there doesnt seem to be a need really for the price to be driven higher. There are more profits to be made in shitcoins for now so sideways and down short to mid term imho.


I had thought the large flat in the cloud would act as a magnet as it usually does but there just doesnt seem to be enough support at this time for a rally upwards of that magnitude.


Mid term time we have entered a flat pennant so a break in either direction is possible. Again..support seems to have capped in this range so that leads me to believe we will test resistance at lower levels.


I seem to be wrong more often than not lately so take what I am saying for what it is...speculation.

#dyor #btfd  

[jojo69]

[xhomerx10]

Technical analysis can only get us so far.  We need the power of positive thought to give us the momentum which will propel us to higher levels!  I've been saving (and tweaking) this for a while now waiting for the $10k celebration but I think we need this now.  C'mon on everyone, think positively!  Think $10k.  Now say it with me - boom.

[Vlada69]

Technical analysis can only get us so far.  We need the power of positive thought to give us the momentum which will propel us to higher levels!  I've been saving (and tweaking) this for a while now waiting for the $10k celebration but I think we need this now.  C'mon on everyone, think positively!  Think $10k.  Now say it with me - boom.

^
|
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Will be valid only if you add two more zeros to it.

[xhomerx10]

Technical analysis can only get us so far.  We need the power of positive thought to give us the momentum which will propel us to higher levels!  I've been saving (and tweaking) this for a while now waiting for the $10k celebration but I think we need this now.  C'mon on everyone, think positively!  Think $10k.  Now say it with me - boom.

^
|
|

Will be valid only if you add two more zeros to it.

 Baby steps Vlad... baby steps.  Remember December!

[infofront]

New Masterluc update:

Midterm picture looks bearish . Price is under cruical curves weekly sma20 and daily sma200 which are strong resistances.

Weekly sma20 did a bend down, which was always a bad sign.

We got a double bottom at around $6k which does some support.

Overall midterm picture is bearish (70/30).

Longterm picture is bullish while historical log lower trend line at around $3k holds.

[vapourminer]

There is a huge difference based on your start point.

Someone who puts in 50% of their wealth is weak hands.

Someone who puts in 5% of their wealth and allows it to grow to 90% should be strong hands, especially if they have already taken out twice their original investment in profits. 

this.

i put in way less than 1 % of my wealth into a few video cards to mine btc back in 2011.

obviously percentage wise btc represents more of my wealth than that now. even after selling probably 50 times my original investment over the years for toys and vacations.

now selling some off for retirement, mainly for index funds and pm to start. traditional stuff. i will keep a good chunk of my stack of course.

was funny when my wife and i listed our assets to our financial advisor. my wife listed all the traditional stuff, it was a pretty good list and took a while. then he turned to me and i told him the value of my one asset i manage: crypto. his face was something to see. he was actually very interested in it but he doesnt trust it.

he wanted me to sell at least half so we could retire outright right then and there. that was when it was around 6k. i waited and got around 9.5k for the ones i sold. plus sold some extra for taxes. ill put that into a cd or something.

checked with my bank to make sure they were ok with the amount of crypto i was depositing (it was like 10 times what i had cashed out in total previously), they were fine with it. ive used them mainly for coinbase cashouts for 5 years now, so maybe that helped.

[bitcoinPsycho]

Technical analysis can only get us so far.  We need the power of positive thought to give us the momentum which will propel us to higher levels!  I've been saving (and tweaking) this for a while now waiting for the $10k celebration but I think we need this now.  C'mon on everyone, think positively!  Think $10k.  Now say it with me - boom.

^
|
|

Will be valid only if you add two more zeros to it.

 Baby steps Vlad... baby steps.  Remember December!

yeah this happend

[realr0ach]

occasionally taking some money off the table is always a good idea.

Show me the way to the next silver bar
Oh, don't ask why
Oh, don't ask why
For if we don't find the next silver bar
I tell you we must die
I tell you
I tell you
I tell you we must die

[Vlada69]

Technical analysis can only get us so far.  We need the power of positive thought to give us the momentum which will propel us to higher levels!  I've been saving (and tweaking) this for a while now waiting for the $10k celebration but I think we need this now.  C'mon on everyone, think positively!  Think $10k.  Now say it with me - boom.

^
|
|

Will be valid only if you add two more zeros to it.

 Baby steps Vlad... baby steps.  Remember December!

yeah this happend

I agree one is American and the other is Chinese

[Ivor Biggun]

checked with my bank to make sure they were ok with the amount of crypto i was depositing (it was like 10 times what i had cashed out in total previously), they were fine with it. ive used then mainly for coinbase cashouts for 5 years now, so maybe that helped.

Did you just ask the bank if depositing x amount from an exchange would be OK, or did you give more information than that?

[infofront]

occasionally taking some money off the table is always a good idea.

Show me the way to the next silver bar
Oh, don't ask why
Oh, don't ask why
For if we don't find the next silver bar
I tell you we must die
I tell you
I tell you
I tell you we must die

You just need a hug.

[Ludwig Von]

occasionally taking some money off the table is always a good idea.

Show me the way to the next silver bar
Oh, don't ask why
Oh, don't ask why
For if we don't find the next silver bar
I tell you we must die
I tell you
I tell you
I tell you we must die

You just need a hug.

That is plus one merit!

[Last of the V8s]

[bitserve]

Anyone understands what this article says?: https://www.cnbc.com/2018/04/30/square-shares-drop-after-short-seller-citron-calls-bitcoin-strategy-nonsense.html

I am not sure if it is the language barrier or what.

[Ivor Biggun]

Could the bitcointalk mr.hodl be the same as the twitter @mr.hodl?

edit

No, ours is an impostor.

Twitter handler: @rt_Airdrops
Twitter post here: https://twitter.com/rt_Airdrops/status/956423112832233472
Telegram username @misterhodl

[Torque]

Anyone understands what this article says?: https://www.cnbc.com/2018/04/30/square-shares-drop-after-short-seller-citron-calls-bitcoin-strategy-nonsense.html

I am not sure if it is the language barrier or what.

TL/DR version: FUD

Longer version:
Whales pumped Square stock on the rumor/news they were integrating Bitcoin purchases into their app. Now the same whales are FUDing and shorting the stock.

This is the same old shit they always do. Go take a look at Overstock.com stock chart, they did the same pump-and-dump to them as well.