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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26403497 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. (174 posts by 3 users with 9 merit deleted.)
fabiorem
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May 25, 2019, 10:04:04 PM

Retina
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May 25, 2019, 10:06:34 PM

^
Damn just saw the answer was already been served properly Cheesy

F*** the b00z hit me fast today, just 23.45 local time and i'm home already damn not of my normal habits ........
Yep, i always like your opinion brother, you have a good habits. Fun and talking about. Wink
Retina
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May 25, 2019, 10:19:45 PM
Merited by El duderino_ (1)

Quote

Quote
Here are 10 reasons why you should consider to buy Bitcoin right now and why I think that a possible next leg upwards is waiting just around the corner.


1. Yesterday's candle close was above the $8,000 above the psychological number - $8,000 is a round number and it should act as a resistance level but the price manages to close above of it.

2. Yesterday's candle close made a break above the triangle (red lines). Chart pattern breakouts are usually really good when the breakout has occurred into the trend direction. At the moment, the trend is definitely upwards and the breakout has occurred upwards, so, really nice. Also, the breakouts are more reliable on the higher timeframes. If the breakout above or below the chart pattern has occurred on the 1H timeframe then this is a bit weaker breakout than on the Daily, as it is right now, perfect!

3. EMA 8 & 21 on the 4H timeframe have a Golden Cross which is good confirmation for further movements upwards after the breakouts.

4. EMA 100 & 200 have a Golden Cross on the Daily chart , which is supporting that current breakout into the trend direction.

5. Break above the small Bull Flag . It has made yesterday but still, we can count this as a momentum sign.

6. We have an unusual chart pattern. Actually, we have a chart pattern but in an unusual area. The pattern is an Inverted Head and Shoulders ( IHS ). Usually, the IHS is a reversal chart pattern and it occurs at the end of a downtrend but currently, it is top of the trend and it doesn't work as a reversal pattern. Currently, it is just a small indication for further movements upwards and it should work as a slight continuation pattern. The pattern gets valid after the break above the neckline, let's say a candle close above the strong area at $8,200. Then we have again 2 in 1 - break above the chart pattern and break above the strong area at $8,200

7. Usually, the resistance areas getting weaker after every hour after every day when the price stays into the resistance area . If the price stays into the previously noted resistance or support area too long then it decreasing the trade success rate. Currently, we waited for throwback and actually we got it but the price climbed still back into this area and probably it is ready to make another leg upwards because it has been too long in this resistance area , which is actually pretty strong.

8. The last Weekly candle close gave us a 66% probability, over a small sample size, that the price may go to the higher levels.
Over the past, the Weekly candle has closed above the $8,000 price level three times.
Two times it has moved upwards:
- Breakthrough on 2017 November guided the Bitcoin price into the ATH ( all-time high), close at $8,031
- Breakthrough on 2018 April guided the price to the $10,000 price level, close at $8,355
One time it had a fakeout
- Breakthrough on 2018 July was a fakeout, close at $8,216 and next week the candle goes back below $8,000.

9. Lately, we have seen pretty good fundamentals and Bitcoin is again on the bigger picture.

10. Feel free to support my effort by hitting the "LIKE" button, it is my only fee from You and this will help to pump BTC price into the higher levels!
Wink

Have a nice weekend,
Cheers!

Source: https://www.tradingview.com/chart/BTCUSD/G0w34MCS-BITCOIN-10-Reasons-to-BUY-BTC/
Syke
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May 25, 2019, 11:02:37 PM
Merited by JayJuanGee (1)

https://www.reddit.com/r/btc/comments/bsohgn/pay_up_roger/

tldr: tx was added manually by slush and bet was end of day local time not 24 hours. if i got it right.

There's no indication it was manually added. Several transactions with the same low fee are in the block.
Last of the V8s
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May 25, 2019, 11:18:47 PM

Well hallo, sailor. Is that a massive bull flag in your chart or are you just pleased to see me?
El duderino_
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BTC + Crossfit, living life.


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May 25, 2019, 11:19:39 PM

8K and 66bucks

Of to HODLlandiaaaa!!!!! Gonna sleep the wine out so I can go and have a clear mind to bring out my EU vote tomorrow..... actualy what a waste of F***ing good time, pfffff less time to spend in my precious HODLsleep  Undecided

For the rest goodnight Bro's of tha Wall.....
btcsmlcmnr
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May 25, 2019, 11:33:02 PM
Merited by Retina (1)

Bitcoin will lead the crypto market in general, and altcoins in particular, to their higher positions. Bitcoin has strongly demonstrated that it can stay steadily at $8000.
Retina
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May 25, 2019, 11:34:33 PM

8K and 66bucks

Of to HODLlandiaaaa!!!!! Gonna sleep the wine out so I can go and have a clear mind to bring out my EU vote tomorrow..... actualy what a waste of F***ing good time, pfffff less time to spend in my precious HODLsleep  Undecided

For the rest goodnight Bro's of tha Wall.....
Good Luck brother hopes that back soon Have a nice day. Cheesy
Hueristic
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Doomed to see the future and unable to prevent it


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May 25, 2019, 11:43:26 PM

My brother: spends $400 a month to have a nice car
Me: spends $400 to own Bitcoin



Will it be worth it?

What a question.... speaking short-middle or long term, spending 400$ to own BTC will always outperform paying off a LOAN for a losing value car.....



Depends on your definition of "paying off", if your goal is getting laid then his brother will do better short term but lose out big time in the long term. Cheesy
jbreher
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lose: unfind ... loose: untight


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May 25, 2019, 11:49:15 PM
Last edit: May 26, 2019, 12:23:04 AM by jbreher

Hello brothers WO`s! Cool
You can sign the petition by clicking here.
https://www.change.org/p/karyn-temple-remove-craig-wright-s-name-from-bitcoin-whitepaper-copyright
They demand that Craig's name be removed from the copyright registration for Bitcoin Whitepaper.

It ain't just a river in Egypt.

No, I'm not speaking about whether or not CSW is Satoshi. I'm speaking about the fact the procedures set by the Copyright Office are run as per regulations in the Federal Register, which are in turn a codification of the requirements set upon said office by legislation passed by congress and enacted into law by the President.

You think the Copyright Office is going to overturn the way the entire US Government works in order to satisfy an ignorable number armchair warriors emboldened in righteous indignation?

Silly English bed-wetting types... I fart in your general direction.
Icygreen
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May 25, 2019, 11:51:49 PM
Last edit: May 26, 2019, 04:19:43 AM by Icygreen
Merited by bones261 (2), vapourminer (1), jojo69 (1), El duderino_ (1)

Happy Saturday all!
The stamp set I ordered arrived. Time to upgrade this piece of paper.  4" galvanized box covers, perfect size = $2 each.  I'll bolt 3 plates together with nylock nuts.  Feels decently secure.


EDIT: The seed was pounded out on an old skool train rail anvil. CCMF!
soxxx
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May 26, 2019, 12:11:24 AM

"Geology is the study of pressure and time. Thats all it takes really... pressure... and time..." Cool
jbreher
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lose: unfind ... loose: untight


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May 26, 2019, 12:15:25 AM


Hmm. Not much of a loss.

Lemon Tea, Lime, Orange, Shock Top, Shandy, Citra, Wheat... Not much beer on that 'beer' list anyhow.
jbreher
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May 26, 2019, 12:16:31 AM


But seriously, if you have access to it, try metformin, it helps tremendously.


its there online but you have to pretend a doctor told you that you need it. you already take it etc. can you just blag it? some say UK pharmacy they must cross reference the name and address or something?



I don't know about the UK but it's available OTC in many countries. It shouldn't be too hard to get online.
You don't need it to get into ketosis, the diet will do that but it's a good supplement all in all.

Plus, all the life extension hackers take it too.
jbreher
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May 26, 2019, 12:20:13 AM


So WTF is Bithereum? Is that really a thing?
Hueristic
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May 26, 2019, 12:37:52 AM


Thats something I would expect YOU to know. Smiley
Torque
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May 26, 2019, 01:03:14 AM

Pssst... Bithereum Cash is the real Bithereum.
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May 26, 2019, 01:05:11 AM

..... I fart in your general direction.

You must have forgot your Beano....
Torque
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May 26, 2019, 01:08:27 AM

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

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



Syke
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May 26, 2019, 01:38:16 AM

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

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

And even then, the stock market is flat for the past year.
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