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

[Wosterlee]

They are upping their game.
 This is not just a Bart but a brand new formation which i shall name a Bart and Shoulders or in this case a reverse Bart and Shoulders.
At the moment, one shoulder and part of the head have formed.

That's the infamous inverted ''wedding cake'' pattern

[TheHas]

Debt of usa is over 21 trillion. Debt of bitcoin = absolutely nothing and never will. I dont know why people worry about how bitcoin gets its value when usd is in a debt spiral with no end.

[RejectedBanana]

They are upping their game.
 This is not just a Bart but a brand new formation which i shall name a Bart and Shoulders or in this case a reverse Bart and Shoulders.
At the moment, one shoulder and part of the head have formed.

That's the infamous inverted ''wedding cake'' pattern

That’s the “Where should we bury our fiat? Should we dig a little deeper?” pattern.

[4rt3m]

Debt of usa is over 21 trillion. Debt of bitcoin = absolutely nothing and never will. I dont know why people worry about how bitcoin gets its value when usd is in a debt spiral with no end.

You forgot to mention that debt of USA is 21 trillion dollars of USA.  

[Vlada69]

Debt of usa is over 21 trillion. Debt of bitcoin = absolutely nothing and never will. I dont know why people worry about how bitcoin gets its value when usd is in a debt spiral with no end.

You forgot to mention that debt of USA is 21 trillion dollars of USA.  

And USA also make more money out of their own debt. Own by them

[mymenace]

Debt of usa is over 21 trillion. Debt of bitcoin = absolutely nothing and never will. I dont know why people worry about how bitcoin gets its value when usd is in a debt spiral with no end.

You forgot to mention that debt of USA is 21 trillion dollars of USA.  

And USA also make more money out of their own debt. Own by them

 The US Congress has the option to buy back the FED at $450 millions (per Congressional Records). When the Congress does this, it will own back the billions of US Government Bonds held by the FED. The US Government will actually PROFIT by buying back the FED! Also, the US government no longer has to pay interests to the FED owners on those bonds.

[Rosewater Foundation]

When real people join in the bull troll. It's like watching a car crash with all my old friends.

[realr0ach]

The US Congress has the option to buy back the FED at $450 millions (per Congressional Records). When the Congress does this, it will own back the billions of US Government Bonds held by the FED. The US Government will actually PROFIT by buying back the FED! Also, the US government no longer has to pay interests to the FED owners on those bonds.

How many times have you ever heard Trump mention ending the fed? ....cricket sounds.  It seems like the only reason he's deporting the Mexicans is because Mexico and China are exporting deflation to the US via cheap labor, and the US banking system/all debt based currency must continuously inflate or face cascading deflationary collapse.  At first glance it appears he's going against the Jew banker Kalergi white genocide plan, when in reality, a lot of this stuff are things the bankers would probably do as a last ditch effort to prop their debt based system up and prevent collapse of the banks.

Who are the only two groups Trump ever talks about?  Mexico and China.  Both export deflation to the US.  Yea, they do lower wages here, but if Trump wanted to actually economically help the goyim, he would end the fed and put them all in front of a firing squad.

[Vlada69]

The US Congress has the option to buy back the FED at $450 millions (per Congressional Records). When the Congress does this, it will own back the billions of US Government Bonds held by the FED. The US Government will actually PROFIT by buying back the FED! Also, the US government no longer has to pay interests to the FED owners on those bonds.

How many times have you ever heard Trump mention ending the fed? ....cricket sounds.  It seems like the only reason he's deporting the Mexicans is because Mexico and China are exporting deflation to the US via cheap labor, and the US banking system/all debt based currency must continuously inflate or face cascading deflationary collapse.  At first glance it appears he's going against the Jew banker Kalergi white genocide plan, when in reality, a lot of this stuff are things the bankers would probably do as a last ditch effort to prop their debt based system up and prevent collapse of the banks.

FED fork lol

[Wekkel]

This is the second dip in the intermediate bottoming cycle. If we hold $7,000, I see price higher in 14 days instead of lower (the ensuing rally could go over $9,000).

[Torque]

When real people join in the bull troll. It's like watching a car crash with all my old friends.

Car crash upwards you mean? Zoom out.

If we got back to just above $10K by Oct. 2019 we'd still be in a long term bull market. Anyone who bought today would see a minimum of a ~33% gain by then.

Sad for them?  

[realr0ach]

If Torque got ran over by a car he would consider it bullish.

[Hueristic]

 The US Congress has the option to buy back the FED at $450 millions (per Congressional Records). When the Congress does this, it will own back the billions of US Government Bonds held by the FED. The US Government will actually PROFIT by buying back the FED! Also, the US government no longer has to pay interests to the FED owners on those bonds.

Can you provide a link for this proof, my googlefu only came up with unsubstantiated links. IOW what specific "Congressional Record".

[Majormax]

Support at $7175 looking strong. Probably we're gonna see a jump now but I'm literally tired of seeing stupid head of Mr. Bart Simpson again and again.

Within the last 3 hours, I've received two calls from my family members asking how they can buy bitcoin right now. Surprisingly, they've been keenly observing BTC to USD rate at Google and today they think is the right time to buy.

Uh-oh. I wish you hadn't said that !

[jojo69]

whelp, that's it

fiat depleted, it is in the hands of fate now

[Toxic2040]

Good morning all and what a glorious buy the dip Sunday it is..(sic).

I think that cheeky little squirrel is actually smiling at us....wtf. Have to wait for the face to get some more resolution. /s


4h

Wave is being stretched but remains unbroken for now.

D

Closely observing the support area the chikou span is sitting on. A bounce upwards could take us to Vegeta levels, penetration below $7k would indicate a retest of yearly lows imho.

#stronghands

[yefi]

Still kicking my ass for not dumping $1M @ $11.5k on the last bounce

At what point will you be kicking your ass for not reinvesting the millions you already cashed out back into Bitcoin?

What if there's a 1% chance Bitcoin fails? Personally, I wouldn't throw away a life without want just so I could be twice as rich in the other 99% of outcomes.

[Last of the V8s]

[hodl_2015]

whelp, that's it

fiat depleted, it is in the hands of fate now

Bought my last 0.2 BTC. Job done, fiat depleted.

[4rt3m]

Mood