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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 43 (37.1%)
No - 73 (62.9%)
Total Voters: 116

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25497769 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. (158 posts by 14 users with 9 merit deleted.)
JSRAW
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May 12, 2019, 06:30:12 PM

https://www.rockefellercenter.com/blog/2019/04/25/frieze-sculpture-rock/

Kenzawak this can help you out.
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JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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May 12, 2019, 06:35:54 PM
Merited by Majormax (1)

On the bright side of things we need to get a small number of 25-30ish percent corrections under our belt as we march to 100k, so if we get the first one here then that is some serious progress. Really looking forward to the crash from 25k to 17.5k Cheesy

25-30% from 7400 is around 5000.  

There may be some good support at 6k, but if that fails then 5k is a good level to build from. Time is in some ways more important than price.  Support levels are created through trade and time spent at a particular level.

I am hopeful that 6k will hold, but 5k would not be so bad. Although I don't trade, I would think it prudent for those who took profits at ~7300 to buy at least half back when it gets to 6300.

Whoaza, Majormax.

Turning into a BIGGER bull than me.   hahahahaha

I am not turning into anything.  


When in doubt, deny.

Have always been exactly the same in my views. There is still a possibilty of a sub 2k low this year (see above), but I would put it at maybe 10% now.

Fair enough.  I would put sub $2k as a bit less than 10%, but who knows, we would have a lot of support levels to break before that outline would once again become feasible, including breaking our current $3,122 low for this corrective cycle.


I  believed the bull was over, and we had entered a bear market when I posted in Jan 2018 , and I now believe that the balance of probabilities is that bear market is ending.

I think that we concur that the bear market has likely ended.

As I said back in Feb 2018, a Bear low of 2k to 3k would seem about right.

I stand by my statement, too, and I had asserted that you had predicted too early.... even though you ended up being correct... so nothing wrong with either of that. 

We are at least seeming to agree, currently, that signs of UP are looking much better now than they had been, in any event.
kenzawak
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May 12, 2019, 06:36:39 PM


I knew the name.  Wink

I just thought it was cool that it's called "Behind the Walls".

Dakustaking76
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May 12, 2019, 06:44:58 PM

Helo $7k Shocked

Welcome back
Last of the V8s
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Be a bank


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May 12, 2019, 06:46:24 PM

happy mothers day  Cheesy
happy your mother if you want happy Wink
MrFreeRoMan
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May 12, 2019, 06:54:00 PM

happy mothers day  Cheesy
happy your mother if you want happy Wink
And if you do not have Mom?  Cry
How can I be happy?
HairyMaclairy
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May 12, 2019, 06:58:23 PM

Hahaha that’s about correct.

They make it really easy to use leverage on longing or shorting so that makes it appealing.  But it is a home of deep fuckery and the volume and order books are completely fake and their in-house trading team is front running trades.  Hard work to consistently make a profit there.  
... unless you stay under the radar with small trades.

And only use pre-set limit orders - never market orders or market stops...
lightfoot
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I fix broken miners. And make holes in teeth :-)


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May 12, 2019, 07:02:07 PM

On my way I made a few stops, the first one being on 47th st, between 6th and 5th avenue, where there are many gold exchanges.
About half of them accept Bitcoin.
No kidding. The shop up in Boston still sends me christmas cards for the watches I bought for $1000 (1 BTC) I think he sold at 16k.

But yeah, if you want to blow bitcoin a coin shop is one place to do it.
gembitz
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May 12, 2019, 07:03:27 PM

t
i
m
b
e
r
r
r
7k  Kiss weeeeeeee
lightfoot
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I fix broken miners. And make holes in teeth :-)


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May 12, 2019, 07:05:52 PM

Yeah, 7050. I'm so disappointed... :-)

fillippone
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May 12, 2019, 07:08:55 PM

Nouriel Roubini.
Poor sad fuck. I literally hate him.

Raja_MBZ
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May 12, 2019, 07:13:17 PM
Last edit: May 12, 2019, 07:30:31 PM by Raja_MBZ

Hey @JJG! Just wondering, what are the odds of going below $3900 (again) now?

Hahahahaha!!!!

You seem to be in a kind of gloating posture....   Wink


Nah, not at this stage. I'll surely be in one "after" (and iff before testing $3900 again) we break into a new ATH!

So, yeah, you are correct to point out that BTC prices have moved a considerable distance from $3,900 and presumptively pointed out that the odds have likely gotten greater, than previously, that we will not go below $3,900 ever, ever again. 

The odds of going below $3,900 is likely similar to whether the bottom is "in" or not.. maybe slightly higher odds for going below $3,900 than if the bottom is in at $3,122...

Another question is whether we are going to test our support at the $4,200 break out levels.  So if testing the bottom of $3,122 might be as high as 46%... then going below $3,900 might be in the 47% arena, and testing $4,200 would be in the 48-49% arena.    So currently breaking below $5k seems to be in the 50/50 area. 

Honestly, I'm thinking more about the test of $5800 support right now, as it comes way before $4200. Don't forget, we never tested the "major level" of $3000 again after breaking it in 2017 bull run; I know that we can't compare the current mini-run to the last bull run just about yet, as the overall momentum and situation of that run is incomparable to the current run, but still, never forget, it's bitcoin and sh!t can happen any day.

P.S. take my last sMerit!



Let's worry (a bit) about this gap right now:



CME bitcoin futures open today Sunday 17:00 CT.
asu
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May 12, 2019, 07:29:04 PM
Last edit: May 13, 2019, 02:15:16 PM by asu
Merited by El duderino_ (1)

​​Cryptos are in the middle of rally, excitement and wariness are in the air

As cryptocurrencies are in the middle of a rally these days, the market is waiting excitedly (or warily) on whether or not it will continue and how far it will go.



https://twitter.com/phillipnunnuk/status/1127311488870420482

https://telegra.ph/Cryptos-are-in-the-middle-of-rally-excitement-and-wariness-are-in-the-air-05-12
LFC_Bitcoin
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May 12, 2019, 07:31:19 PM

t
i
m
b
e
r
r
r
7k  Kiss weeeeeeee

Stop being such a fucking loser.







https://twitter.com/winklevoss/status/1127547987222245377?s=21

Biodom
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May 12, 2019, 07:35:06 PM

No one wants to see the price gallop away and explode.

Well...

I think we might be able to scrounge up one or two dissenters.

seconded
LFC_Bitcoin
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May 12, 2019, 07:50:02 PM

No one wants to see the price gallop away and explode.

Well...

I think we might be able to scrounge up one or two dissenters.

seconded

thirded
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May 12, 2019, 07:52:07 PM

watching the hashtag bitcoin on twitter, looks scary and hilarious from here... its a bitter sweet moment as everybody has become an instant expert on bitcoin..
We need more of these bull runs Tongue
credit to giphy


FACE DROP

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May 12, 2019, 08:03:30 PM
Merited by JayJuanGee (1)


I stand by my statement, too, and I had asserted that you had predicted too early.... even though you ended up being correct... so nothing wrong with either of that. 

We are at least seeming to agree, currently, that signs of UP are looking much better now than they had been, in any event.

Spot on...

and thanks, I do actually value your type of critique !
jojo69
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1/21000000 , the only math you need to know


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May 12, 2019, 08:07:21 PM

And if you do not have Mom?  Cry
How can I be happy?

feelin' you man

https://www.youtube.com/watch?v=9EZlmqWmcqw#t=0m33s
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May 12, 2019, 08:11:20 PM


how to earn bitcorns? Smiley
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