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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25441121 times)
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HairyMaclairy
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July 23, 2018, 02:04:49 AM

My interpretation is ETF hype + perceived triple bottom vs traders taking profits at resistance
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July 23, 2018, 02:09:34 AM

You're quite off topic.
Are sandwich wrappers really any more on topic?

Nope. Just sayin. Maybe I shouldn't have singled you out, since this thread is a sea of off-topic.

They say you're hardest on the ones you love.  Kiss
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July 23, 2018, 02:11:59 AM

Elwar
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July 23, 2018, 02:16:07 AM

My interpretation is ETF hype + perceived triple bottom vs traders taking profits at resistance

Resistance is at $7700?
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July 23, 2018, 02:16:52 AM



But darn it. Looks like the resistance is going to repel this again. Guess these bears fall down hard when thrown.  Angry

Edit: Hmm, bulls still putting up a fight.
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July 23, 2018, 02:22:36 AM

Someone has just flashed a *500BTC* wall on Finex. This is getting interesting.....
HairyMaclairy
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July 23, 2018, 02:25:46 AM

Close to break out. Load rocket memes and/or shorts.
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July 23, 2018, 02:29:52 AM

Close to break out. Load rocket memes and/or shorts.

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July 23, 2018, 02:32:47 AM



Yellow line is historic support, now resistance.  Green line is alternate resistance point from previous mini peak @ $7790.  Blue is historic resistance now support.  

EMA rising to provide further support.  If you want to pick a number for the last line of resistance, $7790 is as good as any.  

Someone has just flashed a *500BTC* wall on Finex. This is getting interesting.....

Buy wall or sell wall?  Are they buying into their own sell wall?
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July 23, 2018, 02:41:49 AM

My interpretation is ETF hype + perceived triple bottom vs traders taking profits at resistance

Resistance is at $7700?

There is a Fibonacci 23.6% at $9053 but the serious overhead resistance is at $11688 (red line.) But first we have to get through the psychological barrier at ten grand.

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July 23, 2018, 02:43:38 AM

This calls for a sandwich wrap.
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July 23, 2018, 02:44:22 AM



Yellow line is historic support, now resistance.  Green line is alternate resistance point from previous mini peak @ $7790.  Blue is historic resistance now support.  

EMA rising to provide further support.  If you want to pick a number for the last line of resistance, $7790 is as good as any.  

Someone has just flashed a *500BTC* wall on Finex. This is getting interesting.....

Buy wall or sell wall?  Are they buying into their own sell wall?

It was a sell wall, only flashed for few seconds. Exactly 500 BTC on a single order.

It could mean anything.... and nothing.... Just saying.
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July 23, 2018, 02:46:57 AM


It was a sell wall, only flashed for few seconds. Exactly 500 BTC on a single order.

It could mean anything.... and nothing.... Just saying.

*Most of the time* walls are there to be eaten.
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July 23, 2018, 02:47:19 AM

Completely out of nowhere.

The temperature of the thread changes before big moves. I can sense things, I'm convinced. The humans all have tells.
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July 23, 2018, 02:49:26 AM
Last edit: July 23, 2018, 03:03:31 AM by Anon136
Merited by HairyMaclairy (1)

Completely out of nowhere.

As breakouts tend to be in a bear market.


*Most of the time* walls are there to be eaten.

Haha yea when I was offloading my IOTA I developed the fastest gun in the west. People sometimes would try to get cheeky and flash some sort of wall they didn't actually intend to use, thinking they were going to generate bullish sentiment or something, but I would just hammer it with in like 1/4 of a second. I could just feel them on the other end turning white and yelling obscenities. Fun times Cheesy.
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July 23, 2018, 03:00:53 AM

Wow, this is some breakout...

Completely out of nowhere.

Just to go all conspiracy here, but very coincidental the same time as posts were about a global financial collapse

had something to do with earlier posts about Craig Wright, nah couldn't be

luv a good conspiracy  Wink



Furthermore,

What would a Reset look like?
Why a Reset?
How long is the Reset?
Who would know?
Who would have control?
Would it be Fiat or Crypto?
What happens to debt?
HairyMaclairy
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July 23, 2018, 03:03:04 AM

We haven't conclusively broken yet.  Need another $200.

bones261
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July 23, 2018, 03:09:21 AM

We haven't conclusively broken yet.  Need another $200.



Need to give the bears some time to try and short the top.
Anon136
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July 23, 2018, 03:16:43 AM
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What would a Reset look like?
Why a Reset?
How long is the Reset?
Who would know?
Who would have control?
Would it be Fiat or Crypto?
What happens to debt?

Well you can roughly break it into three categories. Inflation, deflation or stagflation. First you can rough guesses as to what each of those would look like. And as a separate exercise you can make rough guesses as to how likely each one is.

Personally my vote is for stagflation. If you want an idea of what that looks like look at Japan for the last 2 decades. Decreasing wages, increasing cost of living. Zombie corporations that gradually become more and more like the DMV but never go away and never allow new better competition to enter. Add in some crumbling infrastructure and some social unrest. Imagine racial tensions getting worse and worse. And the heavy hand of the police state using racial tensions as a justification to take more and more liberties away. Imagine the Western countries slowly becoming, in a totally predictable fashion, the third world shit holes that they invited all their migrants and refugees from.

The rich will be fine, of course. They will have enclaves. And with any luck we will be them and they will be us. Eventually the brainiacs will get AI properly figured out and there will be a great culling.

There will never be a big "event". The thing that preppers are preparing for will never come. It will be the proverbial frog in the boiling water. Of course it will. How would THEY benefit from a catastrophe? Maybe they could but it would be far too risky.

That or maybe the future is, in fact, bright because of this and other technologies and social movements like it.
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July 23, 2018, 03:45:16 AM

Looking good today, a nice little fake out for the bears! Lol





Hey anyone that enjoys American Football Fantasy play, feel free to join us. Smiley



https://bitcointalk.org/index.php?topic=4708502.msg42705688
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