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

[LFC_Bitcoin]

All of the Youtubes and professional investors are telling me I should sell.

Has anyone heard what Goldman Sachs is suggesting? If they're saying sell then I'm definitely dumping it all.

[1686175090]

1686175090

[1686175090]

1686175090

[1686175090]

1686175090

[1686175090]

1686175090

[FractalUniverse]

What's this green candle doing on my chart?

first green shoots of decent retracement springing up from support area?

[DARKHOLDER]

Oh my god it go to zero in 10 secs

[bitcoinPsycho]

Bottom??

[kalehon]

[DARKHOLDER]

Which May btc go to 12228 $ game>? 2019?

[kingcolex]

Who the fuck are these posters? I thought only the same 10 people posted in here.

Seriously though looking at the old charts i have come to the conclusion I have no fucking idea how to tell when something is the true bottom or just a bull trap.

[jbreher]

BTC Dominance: 40

Can we get a new poll, at which price point will the miners run out of spare funds to support bcash?

Never. Same hash algo. They can instantly retarget their hashpower to whatever garners them profit. As some miners abandon BCH (as if -- who is it misguided BTC maximalists insist is the primary driving force behind BCH?), it becomes more profitable for those that remain. And unlike BTC, BCH can ratchet down its difficulty to ensure stability under any circumstance.

kampai!

[smracer]

Who the fuck are these posters? I thought only the same 10 people posted in here.

Seriously though looking at the old charts i have come to the conclusion I have no fucking idea how to tell when something is the true bottom or just a bull trap.

I don't think the volume is high enough.  We should have at least 1 more leg down.

[bitcoinPsycho]

BTC Dominance: 40

Can we get a new poll, at which price point will the miners run out of spare funds to support bcash?

Never. Same hash algo. They can instantly retarget their hashpower to whatever garners them profit. As some miners abandon BCH (as if -- who is it misguided BTC maximalists insist is the primary driving force behind BCH?), it becomes more profitable for those that remain. And unlike BTC, BCH can ratchet down its difficulty to ensure stability under any circumstance.

kampai!

When flip?

[FractalUniverse]

..
Seriously though looking at the old charts i have come to the conclusion I have no fucking idea how to tell when something is the true bottom or just a bull trap.

I thought it was very easy to spot bottoms on the left side of the chart. But the right side is the most problematic area for me
its just probabilities game. and it can be additionally  improved by trading style. The best part is, one dont need to be right most of the time to win.

guess if one goes all in full margin, he is likely to find out very soon if it was true bottom or not

[dmwardjr]

I'm not seeing images people are posting in here.

Can someone tell me if they are seeing them OR are you getting the same message I'm getting in regards to "Image Proxy Bandwidth Exceeded" on EVERY post a user makes on here?

[bitcoinPsycho]

I'm not seeing images people are posting in here.

Can someone tell me if they are seeing them OR are you getting the same message I'm getting in regards to "Image Proxy Bandwidth Exceeded" on EVERY post a user makes on here?

its you

[dmwardjr]

I'm not seeing images people are posting in here.

Can someone tell me if they are seeing them OR are you getting the same message I'm getting in regards to "Image Proxy Bandwidth Exceeded" on EVERY post a user makes on here?

it you

Oh "I'M" the one who exceeded the limit?

Does bitcoin talk only allow us to get a certain amount of data from their server in a 24 hour period?

If so, will I be able to see them once the 24 hour period is over and my bandwidth is restored or is it longer than 24 hours?

[UnDerDoG81]

2. Some interesting data about Tether and its use to manipulate the price of bitcoin and other cryptos. While this seems credible..I would caution that this needs further peer review. Also of note..this is not the best written paper I have seen from an academic. There are several problems with continuity and syntax I spotted right off. ymmv.
https://poseidon01.ssrn.com/delivery.php?ID=295096073027113073065090119101116107055064063038093061070012082027073102081003117023041124051002057017044101120072087031100027017010070089022088094094112018087082125059006082106028007000092107024030017085025127109107118017000105108013080026065066096093&EXT=pdf

Dejavu dejavu... Year 2014: After bearwhale attacks, the price is already back to $400-500 level. And then they hit with the final FUD "bots were used to maniupulate the price" and down we go to $200. This time it´s Tether. Looks like "they" really planned everything very well all over again.

[UnDerDoG81]

Looks like "they" really planned everything very well all over again.

So, in other words, "Next stop, Moon !" ?

Not sure. Last time I thought we won´t see 1200 ever again. This time I think we won´t see 20k ever again. Lets hope I´m wrong again 

[bluebits]

$6144 two part betting game.

A) When will $6144 be broken on the way down.

B) When will $6144 be broken back on the way up.

June 10th going down.

30% bounce off of 5,x00 a few weeks later to break it on the way up.


Working backwards from the 'ceiling' is the best way to find the low. Ceiling is the price it can hit without existing in a fresh bullrun (3 years away at best). Where do people put the current ceilings?

20 - ultimate level, out of the question currently
17 - last chance sell stop after the crash, hard to see it going here and stopping
12 - mythical 'resistance' for a 13 style double top, if it couldn't hit it on 2 glades it can't hit it
10 - glade 2.0 top
08 - likely where we are now, this will get shorted and dumped hard here

8k top means it needs to visit a support level well below it that people still believe strongly in, natural guess is the 5,500 level from the wonderous bcash night of magic.

Bounce prediction I am not as sure on now.

[El duderino_]

All of the Youtubes and professional investors are telling me I should sell.

Has anyone heard what Goldman Sachs is suggesting? If they're saying sell then I'm definitely dumping it all.

[El duderino_]

Bottom??

just love this one 

[4rt3m]