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Question: What comes first?
$8,000 - 43 (41%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21657046 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. (146 posts by 35 users deleted.)
toknormal
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September 17, 2018, 08:24:25 AM


So what happens now ?


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Totscha
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September 17, 2018, 08:26:39 AM


So what happens now ?




Now we fall... Wink
Yaplatu
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September 17, 2018, 08:38:20 AM

It's complicated ... we need new bulls to return bullish  Angry   HOLD FOREVER  Grin
Totscha
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September 17, 2018, 08:51:43 AM

It's complicated ... we need new bulls to return bullish  Angry   HOLD FOREVER  Grin

You spelled n00bs wrong  Wink
HairyMaclairy
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September 17, 2018, 08:56:27 AM

Now we fall... Wink

More likely we just keep breaking sideways until we achieve a trigger.

It's complicated ... we need new bulls to return bullish  Angry   HOLD FOREVER  Grin

You spelled n00bs wrong  Wink

You sound like someone who sold the top of the market at $3k.  
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September 17, 2018, 08:58:34 AM
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@infofront



you just simply do NOT let one hanging on the NR of the beast  Shocked    
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September 17, 2018, 09:06:31 AM

serveria.com
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September 17, 2018, 09:09:03 AM


It means he's a nocoiner or panic-sold low or a paid bear shill  Grin
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September 17, 2018, 09:18:54 AM
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Now we fall... Wink

More likely we just keep breaking sideways until we achieve a trigger.

It's complicated ... we need new bulls to return bullish  Angry   HOLD FOREVER  Grin

You spelled n00bs wrong  Wink

You sound like someone who sold the top of the market at $3k.  

1. Feels like it's 50/50 for sideways/down.

2. Nope, I did sell some. But it was all at $10k+.



It means he's a nocoiner or panic-sold low or a paid bear shill  Grin

I'm such a dumbass. I've been doing it for free...
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September 17, 2018, 09:54:04 AM
Merited by Hueristic (1)

Or just a bear trap. This is a classical falling wedge pattern btw.  
https://en.wikipedia.org/wiki/Wedge_pattern
"When this pattern is found in an uptrend, it is considered a bullish pattern, as the market range becomes narrower into the correction, indicating that the downward trend is losing strength and the resumption of the uptrend is in the making. "
Since the creation of Bitcoin we are in an uptrend, so its resumption is in the making.
I expect a strong breakout soon. Moreover, any moment CFTC will approve ICE futures (the so called bakkt) which is with an actual buying of bitcoins. So we may see above 10K sooner than expected!
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September 17, 2018, 10:05:46 AM

Or just a bear trap. This is a classical falling wedge pattern btw.  
https://en.wikipedia.org/wiki/Wedge_pattern
"When this pattern is found in an uptrend, it is considered a bullish pattern, as the market range becomes narrower into the correction, indicating that the downward trend is losing strength and the resumption of the uptrend is in the making. "
Since the creation of Bitcoin we are in an uptrend, so its resumption is in the making.
I expect a strong breakout soon. Moreover, any moment CFTC will approve ICE futures (the so called bakkt) which is with an actual buying of bitcoins. So we may see above 10K sooner than expected!

If we break out to $10k+ very soon, we're probably not going to hold that price point for long. It would most likely lead to lower lows (sub $5k).

I'd much prefer we go sideways for a while.
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September 17, 2018, 10:06:08 AM
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So what happens now ?




... bitcoiners accumulate, everyone else wets their pants.
ivomm
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September 17, 2018, 10:28:00 AM

Or just a bear trap. This is a classical falling wedge pattern btw.  
https://en.wikipedia.org/wiki/Wedge_pattern
"When this pattern is found in an uptrend, it is considered a bullish pattern, as the market range becomes narrower into the correction, indicating that the downward trend is losing strength and the resumption of the uptrend is in the making. "
Since the creation of Bitcoin we are in an uptrend, so its resumption is in the making.
I expect a strong breakout soon. Moreover, any moment CFTC will approve ICE futures (the so called bakkt) which is with an actual buying of bitcoins. So we may see above 10K sooner than expected!

If we break out to $10k+ very soon, we're probably not going to hold that price point for long. It would most likely lead to lower lows (sub $5k).

I'd much prefer we go sideways for a while.
Sub 5K is too much. Even now the miners are with a very slim profit. At 5K only those who have free electricity (may be less than 1%) will have any profit in terms of cents. Once we are out of the falling wedge pattern, the trade differs of what we've had before. So even if we don't hold 10K for long, the correction will not be in the 6K area, but much higher - say 8K. Then the upward trend will resume until the next resistance and so on.
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September 17, 2018, 11:03:19 AM

I'm such a dumbass. I've been doing it for free...

Merited for a great sense of humour.
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September 17, 2018, 11:05:52 AM

So what happens now ?


The Mayor is gonna be more sad than usual today ?
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We choose to go to the moon


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September 17, 2018, 11:10:44 AM
Merited by jbreher (1)

Looks like a foot.

Bullish.
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September 17, 2018, 11:17:06 AM
Merited by BobLawblaw (4)

Looks like a foot.

Bullish.

So you're telling me that the bullish trend is afoot... ? Cool
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September 17, 2018, 11:18:56 AM

Unless we stab the toe...
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September 17, 2018, 11:19:57 AM
Merited by BobLawblaw (2), jbreher (1), Hueristic (1)

So what happens now ?


The Mayor is gonna be more sad than usual today ?



This is gonna be a market shark. All the big btc holders gonna continue eating little fish in the cryptocurrency sea.
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September 17, 2018, 11:21:31 AM
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Unless we stab the toe...


Now that would be a low blow...
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