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

[criptix]

No need to panics boys, everything as expected so far.

Time to panic is when we break down under 7k, everything to 7,5k in the next 2 months is fine

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[bitcoinPsycho]

I REGISTERED SPECIFICALLY TO PARTICIPATE IN THIS ABSOLUTELY BASED THREAD

Good morning alevlaslo

[nutildah]

I started a new poll in Meta, its Bitcointalk's Official Troll Poll:

https://bitcointalk.org/index.php?topic=5168331.0

Feel free to nominate up to 2 members there, to help me get the thing rolling, so I don't look like an idiot. Thanks!

[Amateur_]

Well, say something that is somewhat relevant then, besides your "hi" that does not even quite say "hi."

Hi J1GGY !! Can you please tell me, what is the meaning of "Wall Observer", as in the title of this glorious thread?

and you don't need to bold or capitalize in order to get our attention. 

Gotta get them  S T Y L E   P O I N T S  

If you post like an attention whore, then you probably will not receive a very decent welcome, but perhaps we will be able to give you a little bit of benefit of the doubt on your first post, perhaps?...

What?! Really? The benefit of the doubt? Seriously? You would give me that? On my very first post?!? YES PLEASE!! Pretty please with a big fat red dildo on top!

Maybe get started by telling us about your relationship, if any, with our lil fiend, bitcoin?

I honestly don't know that much about it, although I am very interested in understanding what it is and how it works; I have been following the price, on and off, for quite some time.

[Majormax]

Just bought ze dip. (4 digits, couldn't resist) As I said I wouldn't be surprised if this goes to $7.5k or even below $7k for a short moment before making the huge jump.

Simiar events happened before the $20k ATH. 200DMA is the real solid support here. 50DMA is not.

Yes, good support at 6.5 to 7.5k. It has not been properly tested yet. The parabolic top spoiled the steady rise, and needs a lot more time and work to allow the MA's to catch up.

A drop to 7.5 and steady recovery into year end would still be a very positive result for 2019.

[El duderino_]

Just bought ze dip. (4 digits, couldn't resist) As I said I wouldn't be surprised if this goes to $7.5k or even below $7k for a short moment before making the huge jump.

Simiar events happened before the $20k ATH. 200DMA is the real solid support here. 50DMA is not.

Yes, good support at 6.5 to 7.5k. It has not been properly tested yet. The parabolic top spoiled the steady rise, and needs a lot more time and work to allow the MA's to catch up.

A drop to 7.5 and steady recovery into year end would still be a very positive result for 2019.

And if it would end breaking ATH instead.... not going lower as 9k... would that be consider bullish as well? Or do you think support needs to be tested first to achieve a healthy climb?

[mindrust]

Just bought ze dip. (4 digits, couldn't resist) As I said I wouldn't be surprised if this goes to $7.5k or even below $7k for a short moment before making the huge jump.

Simiar events happened before the $20k ATH. 200DMA is the real solid support here. 50DMA is not.

Yes, good support at 6.5 to 7.5k. It has not been properly tested yet. The parabolic top spoiled the steady rise, and needs a lot more time and work to allow the MA's to catch up.

A drop to 7.5 and steady recovery into year end would still be a very positive result for 2019.

And if it would end breaking ATH instead.... not going lower as 9k... would that be consider bullish as well? Or do you think support needs to be tested first to achieve a healthy climb?

It doesn't need to be tested, it is just among the possibilities. Unless the price stays under the 200DMA for a considerable amount of time, it will be bullish.

See that chart:

https://www.tradingview.com/chart/DL4HQwBW/

As long as the orrange line looks upwards, we are fine. (sideways is fine too but i would start to worry at that point)

edit: I just realized i can't share tradingview links that way.

Just see this pic then:

[Lambie Slayer]

I REGISTERED SPECIFICALLY TO PARTICIPATE IN THIS ABSOLUTELY BASED THREAD

via Imgflip Meme Generator

[criptix]

Just bought ze dip. (4 digits, couldn't resist) As I said I wouldn't be surprised if this goes to $7.5k or even below $7k for a short moment before making the huge jump.

Simiar events happened before the $20k ATH. 200DMA is the real solid support here. 50DMA is not.

Yes, good support at 6.5 to 7.5k. It has not been properly tested yet. The parabolic top spoiled the steady rise, and needs a lot more time and work to allow the MA's to catch up.

A drop to 7.5 and steady recovery into year end would still be a very positive result for 2019.

And if it would end breaking ATH instead.... not going lower as 9k... would that be consider bullish as well? Or do you think support needs to be tested first to achieve a healthy climb?

No ATH by this or next month sir. ^_+

[El duderino_]

I REGISTERED SPECIFICALLY TO PARTICIPATE IN THIS ABSOLUTELY BASED THREAD

via Imgflip Meme Generator

via Imgflip Meme Generator


Made me laugh out loud on a terrace ...... (gonna merit later when replenish!!!)

[fillippone]

source: howmanyconfs.com

FYI, this is a worthless metric.

Could you elaborate more on this?
I strongly disagree as the security implied in Bitcoin (ledger costliness) is one of the main value proposition for bitcoin imho.

Who would Store Value on an insecure blockchain?

[El duderino_]

Just bought ze dip. (4 digits, couldn't resist) As I said I wouldn't be surprised if this goes to $7.5k or even below $7k for a short moment before making the huge jump.

Simiar events happened before the $20k ATH. 200DMA is the real solid support here. 50DMA is not.

Yes, good support at 6.5 to 7.5k. It has not been properly tested yet. The parabolic top spoiled the steady rise, and needs a lot more time and work to allow the MA's to catch up.

A drop to 7.5 and steady recovery into year end would still be a very positive result for 2019.

And if it would end breaking ATH instead.... not going lower as 9k... would that be consider bullish as well? Or do you think support needs to be tested first to achieve a healthy climb?

No ATH by this or next month sir. ^_+

The year still has 5 months and a few days Sir

[Millionero]

I REGISTERED SPECIFICALLY TO PARTICIPATE IN THIS ABSOLUTELY BASED THREAD

ALL YOUR BASED ARE BELONG TO US

[Majormax]

It doesn't need to be tested, it is just among the possibilities. Unless the price stays under the 200DMA for a considerable amount of time, it will be bullish.

See that chart:

https://www.tradingview.com/chart/DL4HQwBW/

As long as the orange line looks upwards, we are fine. (sideways is fine too but i would start to worry at that point)

Exactly so.  The strength of any move can be fully seen in hindsight, by looking at the response to support/resistance levels.  Parabolic moves are generally bad in that they interrupt steady progress (or completely end bull markets). Assuming that the bull move is still intact , the speculative effects of the spike need to be worked-off before a rise can resume.  It is just as much a function of time as of price.

[El duderino_]

Remember

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Good healthy breakfast to HODL strong

[HairyMaclairy]

That breakfast looks great.  Nice.

[HairyMaclairy]

Gratz Boris

[El duderino_]

VERY IMPORTANT

CRYPTO IS NOT BANNED IN INDIA

Crypto Ban is a suggestion by the IMC report

Section 1.1 of report suggests Government should form standing committee to revisit this

Everyone loves talking the negatives but let's understand this is NOT OVER YET

#IndiaWantsCrypto

https://twitter.com/nischalshetty/status/1153519192118714368?s=21

[vroom]

Gratz Boris

Boris Johnson, the british version of Trump. Make Britain small again!

[lightfoot]

Make yourself a white russian relax and enjoy the fruits of life...

THAT'S THE TORTURE THOUGH ! I CANNOT DRINK ALCOHOL DUE TO ANTI-INFLAMMATORY MEDICINE INTERACTION !!111!!!!!

ACTUAL SHEEEEEIT. HELP ME I AM IN LIVING HELL FOR AT LEAST EIGHT MORE DAYS.

Take your alcohol the old fashioned way: Anally.