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

[vapourminer]

Keep a few sets of clean pants is my suggestion.

you mean you can still afford laundry soap at these btc prices?

damn

[yefi]

Not doubting the bounce...a relief rally, short squeeze, a bull trap, I expect all of those... just cannot help but think we will still come down to retest this recent bottom... maybe in a few days, a week or a few weeks,  or even a few months, and don't get me wrong I bought a few at $3500 for the first time in over a year, but I still think we are coming down to retest the $3500 region.. if it is defended a 2nd time, and the volumes are nice I think we have a chance at a bounce, but I also kind of think we could break it and head to £3150 ish  and test that region... ultimately I want to see a snappy bottom, that triggers my buy orders, and a healthy bounce with volume... this bottom feels soggy to me.

It could be we just end up with a soggy bottom and sideways in a range for a while...  or it could be in hindsight a few months down the line I look back at the chart and say, wow that actually was a nice v shaped recovery with volume when viewed zoomed out and what an idiot... but after the recent price action and trend, and the ferocity of the recent dumps, I would much rather have added at $3500 and be on the outside looking in, than fomoing and then watching it fall past $3000, live to fight another day as they say.

This is BTC so I could be and wouldn't mind being wrong, and things could change, but put it this way I am very happy to have saved plenty of dry ammo... I am happy with the state of play and am unsure the gruelling down trend is quite over with yet.  

Depressive I know...

Midterm and long term I'm bullish AF thou

Completely respect that. We are quite alike in our thinking actually, except I expect a longer bounce before any retest. I'm tentatively setting 2019 for the final bottom and have ammo to last me through to 2020. Hopefully we'll ace this cycle

[Toxic2040]

no anyway look, choose an avatar you want as the badge, provide a good qual. pic., specify colours etc, he (xhomerx10)  might do it for freeee

[bitserve]

When the price was $200-$400 people predicting double digits.

Double digits never came.

Same goes for the $1500 prophecy.

People predicting those kind of prices usually have an agenda (they most likely don’t believe it themselves but they definitely want others to believe it will happen).

The same happens with all those guys predicting $250000..... everybody knows they will sell at $244979

[Last of the V8s]

What happened to binance price? It used to follow finex price almost to the penny, now it's $40 cheaper, tho' not as cheap as stamp.
 

[empowering]

What happened to binance price? It used to follow finex price almost to the penny, now it's $40 cheaper, tho' not as cheap as stamp.
 

Tether exposure?

(combined with their recent listing of new USD "stablecoin" combination , hence now its not tracking Bitfinex exactly, but at same time still has some premium due to some tether exposure)

Wild guess, no real thought behind it

[Last of the V8s]

What happened to binance price? It used to follow finex price almost to the penny, now it's $40 cheaper, tho' not as cheap as stamp.
 

Tether exposure?

Well they did announce https://support.binance.com/hc/en-us/articles/360020203991
Binance Updates USDT Market to Combined Stablecoin Market (USDⓈ)
coupla days ago. But the disparity seems to have started just a few hours back.
idk

edit: great minds think alike. more trust for CZ after that move?

[empowering]

Completely respect that. We are quite alike in our thinking actually, except I expect a longer bounce before any retest. I'm tentatively setting 2019 for the final bottom and have ammo to last me through to 2020. Hopefully we'll ace this cycle

Plausible


We will hopefully nail it

[PoolMinor]

DT @ $4237. Waiting for confirm. Wicki wicki wicki

https://www.youtube.com/watch?v=zEmg5GaAHbk

Edit: Denied!

[empowering]

What happened to binance price? It used to follow finex price almost to the penny, now it's $40 cheaper, tho' not as cheap as stamp.
 

Tether exposure?

Well they did announce https://support.binance.com/hc/en-us/articles/360020203991
Binance Updates USDT Market to Combined Stablecoin Market (USDⓈ)
coupla days ago. But the disparity seems to have started just a few hours back.
idk

edit: great minds think alike. more trust for CZ after that move?

This sounds like it could explain it potentially

[Realerre]

I find strange how nobody seems to give a fuck about volumes... low volumes were my biggest concern during the long sideway, now they are increasing, so finally there's some real redistribution between weak hands and permabulls... in fact, many people here who were hodling are actually buying or selling, and that's the blood on the streets I was hoping for.

Speaking of hats, I hope I could wear one in the future when I'll hopefully be able to recover my account, even if it's seems not a fast process (6+ months of trying, I have full proof, if someone can help me please do) and capitulation will be far over. I feel so out of the club...

[Last of the V8s]

hopefully

https://www.dictionary.com/e/hopefully/
Think that battle is lost. Sadly, it's a 'sentence adverb' now.

[d_eddie]

hopefully

https://www.dictionary.com/e/hopefully/
Think that battle is lost. Sadly, it's a 'sentence adverb' now.

I feel you, bro. We will forget this in due time, hopefully.

Yes, 'sadly' has been a 'sentence adverb' for quite a while.

[Last of the V8s]

Next funding period, shorts to pay longs.
Get fucking long message ends.

[bitserve]

We are by no means in safe waters yet but.... Who doesn't feel like he should have bought more at the last bottom dip?

[LFC_Bitcoin]

$4,310

[Realerre]

hopefully

https://www.dictionary.com/e/hopefully/
Think that battle is lost. Sadly, it's a 'sentence adverb' now.

The problem is that your barbarian language is now the world standard, so people from everywhere must enrich it constantly, i have little doubt that this is the fastest evolution in a language ever.

[crypmike]

Former JP Morgan Head of Global Macro
"Time works FOR bitcoin, not AGAINST it.  Every day it doesn’t disappear, it gets one step closer to a permanent status of digital gold."

https://twitter.com/romainrouphael/status/1067704189785178112

[bitcoinPsycho]

$4200

Here we go again . Looking forward to a xmas bull run

[jojo69]

oh hey