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

[Sellman]

When bitcoin moves closer to $10000, that it might be hitted anytime in days to come, more and more 'fake' Satoshi Nakamoto will appear.  In other words, due to bitcoin increases last two months, crypto space has become more actively than the past year.

[jojo69]

might be hitted

[becoin]

Its not looking like BTC will reach the 10k anytime soon.

The volume is dropping with each consequent push beyond the 8 - 8.1k levels.

Nope. The volume is dropping with each consequent drop below the 8 level. 10k is next. Don't be fooled and short bitcoin anticipating the "inevitable" correction! A lot of newcomers are just entering bitcoin ecosystem.

[Retina]

We broke the 8100ish, but no real reaction at all. So i might have been wrong about thinking it was an important level. We even touched 8200 almost. But still low volume during the move up. There is no real increase of volume during this move up from the 7500. This is usually a sign for a bearish movement, at least a decent correction again to maybe make a higher low. But it just keeps crawling up.

Alts improved today, but i am still not very convinced of a move up. The volume just doesn't feel good. Also weekend ahead of us. Like we have seen a few times lately, some significant moves during the weekend. Since i see weekends where most manipulation happens, it can easily be both ways at this point. So i am still looking down, betting less convinced of it.

Source: https://www.tradingview.com/chart/BTCUSD/OPlGwK3F-Bitcoin-making-a-double-Double-top-part-2/

[Wekkel]

Nice graphs. But just when you think the graphs are telling you a simple story (in this case: down), Honey Badger wakes up and bites you in the ass.

[MrFreeRoMan]

Guys, any Iranian here in WO?

I'm in Manhattan today.

^ still in NY. That's means Full Stop?

Anyone planning to visit Johannesburg? Maybe there are people who are there now? I need your help

[El duderino_]

Nice graphs. But just when you think the graphs are telling you a simple story (in this case: down), Honey Badger wakes up and bites you in the ass.

Yeah, when I wake up I only want  a one man proper breakfast to bite in and flush the Saturday evening away.

[El duderino_]

OT: Coming at ya from the "omg-really-you-don't-say" department.  

The stock market would be much lower if it weren’t for companies buying back their own shares
https://www.cnbc.com/2019/05/25/the-stock-market-would-be-much-lower-if-it-werent-for-companies-buying-back-their-own-shares.html

Well to be fair a majority of every day stock buyers have zero fucking clue how the market works.

With bitcoin no one has a clue how the market works....... Lucky its the most easy game "HODL? "

[Last of the V8s]

“With privacy, when there have been discussions with [the] user community . . . almost everybody was in favor of privacy on the user side,” said Back. “And exchanges are just providing service to users, so if they say, ‘we don’t take transactions that are private,’ users will just switch service providers ultimately. So, it’s very unpopular for people to say that they don’t like privacy. It would be interesting to push them to see if they are willing do that.”

Well that's all very glib. Things are going to heat up.

[btcbeliever]

Looking at the 4 hour chart for the last 13 days, with progressively smaller dips/recoveries on May18 and May 23, there appears a powerful resistance around 8000 that will cataclysmicly give way with a violent breakout to around 10,000 USD, at any time.

[Retina]

Nice graphs. But just when you think the graphs are telling you a simple story (in this case: down), Honey Badger wakes up and bites you in the ass.

Yeah, when I wake up I only want  a one man proper breakfast to bite in and flush the Saturday evening away.

yea Bitcoin lover brother  so fresh now.

Welcome to back

[Cryptotourist]

Can we rip off the stratosphere already?

Mornigzzz!

[Last of the V8s]

Can we rip off the stratosphere already?

Mornigzzz!

Everyone is so bullish, except Tone, who called for 42 I gather.
There's a bit of attempted wall fuckery on Finex.

Maybe we go alarming* down to 79 gosh, then up to infinity and beyond.

*edit: +ly for the language purists, but i like it. stet

[El duderino_]

https://twitter.com/CryptoBull/status/1132286524089929728

[Gyrsur]

Gold Bar 400 oz =
Chart



1 BTC =

[Gyrsur]

The Importance Of Saving Money (Not FIAT)

[d_eddie]

Maybe all we need to get past this resistance is a tipping over of the shorts/longs ratio.

[kenzawak]

I'm in Manhattan today.

^ still in NY. That's means Full Stop?

No no, just in transit. 

[LFC_Bitcoin]

Nice graphs. But just when you think the graphs are telling you a simple story (in this case: down), Honey Badger wakes up and bites you in the ass.

Yeah, when I wake up I only want  a one man proper breakfast to bite in and flush the Saturday evening away.

I see your breakfast & I raise you my lunch

[fillippone]

"Graphical visualisation of the Bitcoin Github repository from 2009 to 2018."

https://www.youtube.com/watch?time_continue=1&v=DjYbsq3FXfM

Good morning WO,s

It would be nice to compare this to actual github activity of any shitcoins. There, you would notice how much effort is put on maintaining the leadership in the realm of crypto currencies.