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

[Rosewater Foundation]

How how my prediction 6.5/7K is Maybe coming true 

WTF i might be the next crypto wizard

I hit the emerald city once. Forgot to get off the bus. What can you do?

[Elwar]

So basically a whale or company that did not want to take the risk is pulling their money out of BFX the only way they can...through BTC.

Now that same risk adverse whale or company will want to convert back to their precious safe fiat currency on another exchange. Sure they lose money but have less risk. Which also drives the price down on that other exchange.

[Deeyoh]

Anyway.. a nice cool 100 million short wreckage on BitMex is always nice to see. LOL   Looks like BearMex is still in denial.  More rekt to come I'm sure.

[Phil_S]

Most people voted $6,500-$7,000 in the poll, and we're still below that... smh...

[d_eddie]

Conservative stops costed me about 10% profit, but they avoided me a squeeze. Although non fatal, it's still bad for my mood. Short now promptly reconstructed at a higher (better) entry point than it was before.

TL;DR In other words: Volatility isn't inherently bad. Neither is cautious leveraged margin use.

[kirreev070]

How how my prediction 6.5/7K is Maybe coming true  

WTF i might be the next crypto wizard

[crypmike]

How how my prediction 6.5/7K is Maybe coming true  

WTF i might be the next crypto wizard

much more pleasant than habitual Monday bloodbath  

[HairyMaclairy]

Conservative stops costed me about 10% profit, but they avoided me a squeeze. Although non fatal, it's still bad for my mood. Short now promptly reconstructed at a higher (better) entry point than it was before.

TL;DR In other words: Volatility isn't inherently bad. Neither is cautious leveraged margin use.

Yes most on 5x or less should have been fine. 

[Rosewater Foundation]

Living off the fat of the land is a niche hustle. Don't forget to ladder your approaches.

*Rosewater throws the ceremonial mallet*

[HairyMaclairy]

Small rally again. Some volume behind it.

[StartupAnalyst]

How how my prediction 6.5/7K is Maybe coming true  

WTF i might be the next crypto wizard

much more pleasant than habitual Monday bloodbath  

that's how i see this morning)

[toknormal]

RIP Tether ?

[HairyMaclairy]

It hit 50 cents on Polo v USD Circle

[HairyMaclairy]

This is Bitfinex price divided by Bitstamp price.  We aren't out of the woods yet.  Follow link to load new bars.



https://www.tradingview.com/chart/BTCUSD/hhFevfKp-Bitfinex-USDT-vs-Bitstamp-USD/

[jonoiv]

It hit 50 cents on Polo v USD Circle

Is this the coin you are taking about?
https://coinmarketcap.com/currencies/usd-coin/

Assuming it is, then maybe Kucoin has their own vested intenrest in feeding the tether fud.   I just have a hunch that wllet mantance is the best they can do without risking some kind of legal challenge.  All of a sudden that stable coin USDC is worth 1.06 while tether is down to 0.96.

I haven't done enough resaerch to be sure, but how many times have we had the tether line spun?  lets be honest it always drops in a bull run.


https://ethereumworldnews.com/reports-of-binance-delisting-tether-usdt-turns-out-to-be-fake-news/

[kirreev070]

[HairyMaclairy]

maybe Kucoin has their own vested intenrest in feeding the tether fud.  

Precisely.  It's all whale games.

Give this man a new hat. 

[El duderino_]

THOSE SHORT EXPERTS       watch out hairy   

[HairyMaclairy]

THOSE SHORT EXPERTS       watch out hairy  

I'm no expert.  I just lack moral hygiene.

[El duderino_]

Most people voted $6,500-$7,000 in the poll, and we're still below that... smh...

BELOW 6,5k     i migt have some powder in my eyes