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Question: When will we see a new ATH?
October - 10 (24.4%)
November - 7 (17.1%)
December - 10 (24.4%)
2022 - 8 (19.5%)
After 2022 - 6 (14.6%)
Total Voters: 41

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25442167 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13+ users deleted.)
Harlot
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May 30, 2018, 02:49:48 PM

Fill your bags boys. This is the moment we all have been waiting for. It is coming. Paper monetary system is on life support since early 2000's. QE's kept him alive for nearly another 20 years and It has come to an end.

And we just got some confirmation yesterday that the market does in fact see us as a safe haven asset. (A lot of people just assume this, I have never felt comfortable just assuming it)
Yep a 500$ increase means that the bulls are in for the fight with the bears and they are showing that they don't want Bitcoin to go down below 7,000$. It will just need one big pump for it to go up again. Right now it is trying to complete a inverse head and shoulder pattern which is a bullish formation if it goes about 7,600$ our first target would be 7,700$- 7,800$ but if it goes down to 7,350$ then this rally would be over.
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May 30, 2018, 02:59:22 PM

Fill your bags boys. This is the moment we all have been waiting for. It is coming. Paper monetary system is on life support since early 2000's. QE's kept him alive for nearly another 20 years and It has come to an end.

And we just got some confirmation yesterday that the market does in fact see us as a safe haven asset. (A lot of people just assume this, I have never felt comfortable just assuming it)
Yep a 500$ increase means that the bulls are in for the fight with the bears and they are showing that they don't want Bitcoin to go down below 7,000$. It will just need one big pump for it to go up again. Right now it is trying to complete a inverse head and shoulder pattern which is a bullish formation if it goes about 7,600$ our first target would be 7,700$- 7,800$ but if it goes down to 7,350$ then this rally would be over.

Looks like the rally is over, or almost over. Be wary of those sneaky bear counter-attacks.
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May 30, 2018, 03:02:35 PM

Fill your bags boys. This is the moment we all have been waiting for. It is coming. Paper monetary system is on life support since early 2000's. QE's kept him alive for nearly another 20 years and It has come to an end.

And we just got some confirmation yesterday that the market does in fact see us as a safe haven asset. (A lot of people just assume this, I have never felt comfortable just assuming it)
Yep a 500$ increase means that the bulls are in for the fight with the bears and they are showing that they don't want Bitcoin to go down below 7,000$. It will just need one big pump for it to go up again. Right now it is trying to complete a inverse head and shoulder pattern which is a bullish formation if it goes about 7,600$ our first target would be 7,700$- 7,800$ but if it goes down to 7,350$ then this rally would be over.

$7348 now.
greensheep
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May 30, 2018, 03:03:15 PM

Fill your bags boys. This is the moment we all have been waiting for. It is coming. Paper monetary system is on life support since early 2000's. QE's kept him alive for nearly another 20 years and It has come to an end.

And we just got some confirmation yesterday that the market does in fact see us as a safe haven asset. (A lot of people just assume this, I have never felt comfortable just assuming it)
Yep a 500$ increase means that the bulls are in for the fight with the bears and they are showing that they don't want Bitcoin to go down below 7,000$. It will just need one big pump for it to go up again. Right now it is trying to complete a inverse head and shoulder pattern which is a bullish formation if it goes about 7,600$ our first target would be 7,700$- 7,800$ but if it goes down to 7,350$ then this rally would be over.

7335 bluh
Dakustaking76
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May 30, 2018, 03:11:17 PM

There we go again

Street bloods

Bloodbath everywhere
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May 30, 2018, 03:12:32 PM
Merited by BobLawblaw (2)

Be wary of those sneaky bear counter-attacks.

OWZ1337
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May 30, 2018, 03:20:01 PM

timberrrrrrrrrrrrrrrrrrrr!!
 Cheesy Grin Huh Kiss Grin Grin Grin Cool

weeeeeeeeeeeeeeeeeeeeeeeeeee
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May 30, 2018, 03:27:34 PM

Don't be afraid of a cartoon hairstyle!

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May 30, 2018, 03:53:11 PM

Quick - everyone act happy so the bears don't come here to gloat and troll.
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May 30, 2018, 03:58:32 PM

https://www.xe.com/currencycharts/?from=EUR&to=USD&view=1Y
"Existencial crisis in eu"  Cheesy Cheesy Cheesy
La or koreatown .. yes there is  Grin
mindrust
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May 30, 2018, 04:05:53 PM

https://www.xe.com/currencycharts/?from=EUR&to=USD&view=1Y
"Existencial crisis in eu"  Cheesy Cheesy Cheesy
La or koreatown .. yes there is  Grin

You are looking at the wrong chart. Wrong time frame  most likely.



This is the one you should be looking at.

This one clearly says what is happening right now. Euro is desperately trying to get away from the USD. Trying to be more valuable than it but it is not (cannot) happening because they are practically the same thing.

When this is over, all will be 1:1. (a straight line)

USD=EUR=POUND=YEN=SWISS FRANC
RayX12
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May 30, 2018, 04:06:12 PM

https://www.xe.com/currencycharts/?from=EUR&to=USD&view=1Y
"Existencial crisis in eu"  Cheesy Cheesy Cheesy
La or koreatown .. yes there is  Grin

Bitcoin is the answer.  
Grab the last few cheap BTC before the next moon rise.
BitcoinNewbie15
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May 30, 2018, 04:14:50 PM

Fill your bags boys. This is the moment we all have been waiting for. It is coming. Paper monetary system is on life support since early 2000's. QE's kept him alive for nearly another 20 years and It has come to an end.

And we just got some confirmation yesterday that the market does in fact see us as a safe haven asset. (A lot of people just assume this, I have never felt comfortable just assuming it)
Yep a 500$ increase means that the bulls are in for the fight with the bears and they are showing that they don't want Bitcoin to go down below 7,000$. It will just need one big pump for it to go up again. Right now it is trying to complete a inverse head and shoulder pattern which is a bullish formation if it goes about 7,600$ our first target would be 7,700$- 7,800$ but if it goes down to 7,350$ then this rally would be over.

$7348 now.

So I take it the rally is over. It dropped so quickly, down nearly $200 USD in five minutes. Gotta love BTCs volatility. Pretty sure we are headed for sub $7k possibly sub $6k. I hope I am wrong.
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May 30, 2018, 04:44:12 PM

Fill your bags boys. This is the moment we all have been waiting for. It is coming. Paper monetary system is on life support since early 2000's. QE's kept him alive for nearly another 20 years and It has come to an end.

And we just got some confirmation yesterday that the market does in fact see us as a safe haven asset. (A lot of people just assume this, I have never felt comfortable just assuming it)
Yep a 500$ increase means that the bulls are in for the fight with the bears and they are showing that they don't want Bitcoin to go down below 7,000$. It will just need one big pump for it to go up again. Right now it is trying to complete a inverse head and shoulder pattern which is a bullish formation if it goes about 7,600$ our first target would be 7,700$- 7,800$ but if it goes down to 7,350$ then this rally would be over.

$7348 now.

So I take it the rally is over. It dropped so quickly, down nearly $200 USD in five minutes. Gotta love BTCs volatility. Pretty sure we are headed for sub $7k possibly sub $6k. I hope I am wrong.


get you some BTI and watch everything else burn Wink weeeeeeeeeee

===>

https://coincodex.com/crypto/bitcoininstant/

BTI = ORIGINAL BITCOIN!!!!  Kiss  TO DA MOON!!
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May 30, 2018, 04:53:22 PM

The spike above 7.6k wasn't too short lived, but it still feels like an ephemeral bull trap. Or is it? The rebound down wasn't too decisive, either. We're still hovering around that 7.2-7.3 area where we've been more or less all the time recently.

Just DON'T POKE her with a stick right now!
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May 30, 2018, 04:54:56 PM

The next 24 months are extremely critical.

You kid, but amusingly enough, I just got back from a meeting with the new local dudes taking over my portfolios since I moved.

((( They ))) are pretty much saying the same thing. The next two years out are looking pretty gloomy according to all the charts, graphs, and shit they rolled out for me to eyeball.

Dude is getting me set up with some senior analysts here to start looking into a possible portfolio rebalance, and we'll see how things pan out.

I'm not worried at all as I'm hedged both ways; both in crypto and fiat, but, seems like it's time to pucker up and possibly get ready for some choppy waters.

You need a third foot. Get some physical gold too.
d_eddie
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May 30, 2018, 04:56:17 PM

The next 24 months are extremely critical.

You kid, but amusingly enough, I just got back from a meeting with the new local dudes taking over my portfolios since I moved.

((( They ))) are pretty much saying the same thing. The next two years out are looking pretty gloomy according to all the charts, graphs, and shit they rolled out for me to eyeball.

Dude is getting me set up with some senior analysts here to start looking into a possible portfolio rebalance, and we'll see how things pan out.

I'm not worried at all as I'm hedged both ways; both in crypto and fiat, but, seems like it's time to pucker up and possibly get ready for some choppy waters.

You need a third foot. Get some physical gold too.
Yes, probably missing the third foot. I don't think he's THAT well-hung.
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May 30, 2018, 05:03:18 PM

So I take it the rally is over. It dropped so quickly, down nearly $200 USD in five minutes. Gotta love BTCs volatility. Pretty sure we are headed for sub $7k possibly sub $6k. I hope I am wrong.
nah. its just needed small correction of yesterday's rally Smiley

..
This one clearly says what is happening right now. Euro is desperately trying to get away from the USD. Trying to be more valuable than it but it is not (cannot) happening because they are practically the same thing.

When this is over, all will be 1:1. (a straight line)

USD=EUR=POUND=YEN=SWISS FRANC
When this is over, there might be no euro

get you some shitcoin and watch everything else burn Wink weeeeeeeeeee
peee pee
Karartma1
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May 30, 2018, 05:31:55 PM

I knew Bart Simpson would come up again: how long before this game will be over? Place your bets
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May 30, 2018, 05:32:34 PM
Merited by ivomm (3), Karartma1 (1), bones261 (1), El duderino_ (1), Dunkelheit667 (1)



Bears are running out of steam.

Small time retail bulls are sidelined, waiting for a clear bull run for re-entry. (Pump up the volume, yo.)

Idiots are spooked and distracted by the cloud and stink of short-lived shitcoins buzzing around honey-badger's napping bunghole.

Meanwhile, OTC is going nuts. Big boys are slurping up everything they can. Institutions are on the verge of testing the waters. Established and regulated global exchanges are just starting to set up crypto shop. Custody solutions are popping up left and right.  

Remember, custody was the primary restraint/complaint from the SEC regarding ETFs. There is less and less for them to whine about every day.

Most of the action is taking place behind the scenes right now. The usual retail exchanges are becoming less and less relevant. Even Binance and Bitstamp may become the Netscapes and Yahoos of the future. Poloniex, Monex, BitTrade have already been acquired.

Brace yourselves. The herd is coming.

Goldman Crypto Trading Desk Opening End June (Derivatives)

Brazil largest investment company opening OTC Bitcoin exchange (XDEX)

Canadian OTC Trading is Spiking, India next?

BitGo offering Custody solution

BitGo granted NY BitLicense

Coinbase +50% with Institutional Custody Products?
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