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

[GreatArkansas]

Good evening from the other side of the earth.
I love this rhum especially when while doing some charts.
https://i.imgflip.com/37p1ku.jpg

Hey, you got the big boy bottle! I have a frosty smallboi:

https://i.imgur.com/cVOMT46.jpg

I think it makes the mosquitos less attracted to me, as it kind of tastes like diesel, comes out through the pores on my skin.

The bottle makes it look like it tastes awesome, sadly that's not the case  

Just like with that Andy Player whiskey.

With pineapple juice or tampico and ice its tolerable tho. Still a good deal for about 70 cents a bottle (35 pesos).

Hahahahaha. That's one is much stronger than this which callef "long neck", good to hear that freeze  there while here we are using ice cubes.
I tasted andie player only once and it's like emperedor and still tanduay is the best among the rest. But with 70 cents, its super affordable eh.

Btw, Im here now lying on my bed with equavalent of 70% of what content you sent recently. Really drunked on this wonderful province

[jojo69]

Aaaaaaaaaaaand, Epstein found dead in his cell...

Who didn't see that coming? 

[El duderino_]

Aaaaaaaaaaaand, Epstein found dead in his cell...

Who didn't see that coming? 

For the better.....

[JSRAW]

https://twitter.com/_ConnerBrown_/status/1159967777882611712?s=19

[jojo69]

For the better.....

You need to think about it harder.

[VB1001]

Just got back home from Amsterdam, fuck micgoossens knows how to drink
7 glasses of wine at dinner, more drinks in bars after & two White Russians to finish the night at 01:30 hrs.
Now time for an early night of price watching  

Selection of pics from our fine dining experience last night if anybody is interested.

https://bitcointalk.org/index.php?topic=5151405.msg52121397#msg52121397

It seems that everything was very good, Mic is like a distillery, don't worry.

Thx for sharing.

[mindrust]

$9-9.5k is the first solid support, if it hodls (probably it will), jump back to $11k. If it doesn't, $7.5-7.8k is waiting. (unlikely) We couldn't leave it, went back into the wedge.



The next 2 months are critical.
https://www.tradingview.com/chart/BTCUSD/3l1JOd99-Wedge/

[Icygreen]

Aaaaaaaaaaaand, Epstein found dead in his cell...

Who didn't see that coming? 

For the better.....

Except now there wont be a trial for him where he would likely bring unwanted attention to numerous politicians including Bill Clinton for pedophilia/sex traffic related visits on his private island. But ya, good riddance just wish it would have happened after the trial.

[El duderino_]

Just got back home from Amsterdam, fuck micgoossens knows how to drink
7 glasses of wine at dinner, more drinks in bars after & two White Russians to finish the night at 01:30 hrs.
Now time for an early night of price watching  

Selection of pics from our fine dining experience last night if anybody is interested.

https://bitcointalk.org/index.php?topic=5151405.msg52121397#msg52121397

via Imgflip Meme Generator

Haha thx and already back at it

Just waiting on the company to join us .....

[VB1001]

Just got back home from Amsterdam, fuck micgoossens knows how to drink
7 glasses of wine at dinner, more drinks in bars after & two White Russians to finish the night at 01:30 hrs.
Now time for an early night of price watching  

Selection of pics from our fine dining experience last night if anybody is interested.

https://bitcointalk.org/index.php?topic=5151405.msg52121397#msg52121397

via Imgflip Meme Generator

Haha thx and already back at it

Just waiting on the company to join us .....

LOL, you can drink some water, it won't hurt you.

[hd49728]

$9-9.5k is the first solid support, if it hodls (probably it will), jump back to $11k. If it doesn't, $7.5-7.8k is waiting. (unlikely) We couldn't leave it, went back into the wedge.



The next 2 months are critical.
https://www.tradingview.com/chart/BTCUSD/3l1JOd99-Wedge/

Yeah, $9k2 to $9k5 is important range for Bitcoin. If it fails to protect those supports, it might fall to around $8k. When it dips below $9k2, it will be so easy to fastly fall to $8k, because people will fall into panic again, and 20% drops to liquidate longers at $9k2 will occur. Not too difficult to happen if $9k2 broken. Anyway, if it occurs, $8k will be the last chance to accumulate cheap Bitcoin for it's next bill run around February to March next year. I don't think Bitcoin will start next bull run soon about December.
I set up my stop loss at $10k8.

Within the next five days, that is important period for bitcoin. Personally, I already made my stop-loss and profit-taking orders.
Like that (taking profits at $13300, while cutting loss at $10800):

I also suggest other newbie crypto-traders to do this. For experts, I don't mention about them here, because they actually can make better orders than mine.

[Phil_S]

Looks like small Bart to me.

Probably going back to 11800 in a few hours.

[JayJuanGee]

$9-9.5k is the first solid support, if it hodls (probably it will), jump back to $11k. If it doesn't, $7.5-7.8k is waiting. (unlikely) We couldn't leave it, went back into the wedge.



The next 2 months are critical.
https://www.tradingview.com/chart/BTCUSD/3l1JOd99-Wedge/

Yeah, $9k2 to $9k5 is important range for Bitcoin. If it fails to protect those supports, it might fall to around $8k. When it dips below $9k2, it will be so easy to fastly fall to $8k, because people will fall into panic again, and 20% drops to liquidate longers at $9k2 will occur. Not too difficult to happen if $9k2 broken. Anyway, if it occurs, $8k will be the last chance to accumulate cheap Bitcoin for it's next bill run around February to March next year. I don't think Bitcoin will start next bull run soon about December.
I set up my stop loss at $10k8.

Within the next five days, that is important period for bitcoin. Personally, I already made my stop-loss and profit-taking orders.
Like that (taking profits at $13300, while cutting loss at $10800):

I also suggest other newbie crypto-traders to do this. For experts, I don't mention about them here, because they actually can make better orders than mine.

Seems like lot of drama in what you are saying.

Corn has already been down to $9,049 in this particular correction and there has already been a few attempts to test the lower $9k support area.  In that regard, I doubt that it would be psychologically devistating to test $9k-ish again or even to bounce a bit below $9k without necessarily creating any kind of cascading effect.  Furthermore, when you mention $8k, you are not specifying about whether you mean dipping into the upper $8ks or do you mean lower $8ks?  There is a decent amount of distance between the two, no?  It would be much easier to merely visit $8,999 versus going down to $8,001, and I would not dare to presume that there would not be some support somewhere in the $8ks, amiNOTrite?

By the way, even though you are using coinbase in your charts, which seem a little anathema in this thread, but let's just presume, for the sake of argument, that your coinbase numbers and lines on a chart are very similar to those that would be drawn with the use of our beloved bitstamp.

[mindrust]

By the way, even though you are using coinbase in your charts, which seem a little anathema in this thread, but let's just presume, for the sake of argument, that your coinbase numbers and lines on a chart are very similar to those that would be drawn with the use of our beloved bitstamp.

The Coinbase chart is %99.9 identical to the bitstamp chart. I don't see a problem. Maybe I am blind. Changing back and forth, it is the exact same chart.

[serveria.com]

mindrust is overly bearish in my opinion. We've had enough of those dumps and "last down before up" theories. It's very unlikely we're going back into 4 digits.  

[mindrust]

mindrust is overly bearish in my opinion. We've had enough of those dumps and "last down before up" theories. It's very unlikely we're going back into 4 digits.  

You call that bearish? If was bearish, I would name $1k.

When that triangle gets broken, it will make a huge move. That move %80+ is going to be upwards. Why? Because that's a bull market. The small possibility is that it will be downwards to $7.5k just to build up more strength for the next upwards move.

Calm down, we'll get there. Not in a week though.

[JayJuanGee]

By the way, even though you are using coinbase in your charts, which seem a little anathema in this thread, but let's just presume, for the sake of argument, that your coinbase numbers and lines on a chart are very similar to those that would be drawn with the use of our beloved bitstamp.

The Coinbase chart is %99.9 identical to the bitstamp chart. I don't see a problem. Maybe I am blind. Changing back and forth, it is the exact same chart.

Why you fighting it?

Use bitstamp.. .. it be called "ease of reference."

Furthermore, there are more important things to battle about.... no...?

Also, as a little side glance regarding coinbase:  I am pretty confident that even though most of the time coinbase is in line with bitstamp, it is not bitstamp nor the same as bitstamp in terms of its actual track record in respect to bitcoin..   In that regard, coinbase has been accused of some pretty BIG ASS heavy shenanigans in terms of forgetting who brought it to the dance, as well as manipulating its launching of the trading of bcash (December 2017), likely to the attempted detriment of our best lil fiend, bitcoin.

[mindrust]

I am not saying coinbase is a good exchange dawg it is just a chart. I know that bald guy is in bed with Roger.

It is just when i type "btc" into the search bar, it is the first result bruh. Don't make it a big deal.

[JayJuanGee]

mindrust is overly bearish in my opinion. We've had enough of those dumps and "last down before up" theories. It's very unlikely we're going back into 4 digits.  

You call that bearish? If was bearish, I would name $1k.

When that triangle gets broken, it will make a huge move. That move %80+ is going to be upwards. Why? Because that's a bull market. The small possibility is that it will be downwards to $7.5k just to build up more strength for the next upwards move.

Calm down, we'll get there. Not in a week though.

Those seem to be reasonable numbers to the extent that I understand what you are talking about.  There is a bit of a tension in your numbers... you seem to be giving a decent amount of attention to down, but then only assigning reaching below $7.5k to 20% or less.  Am I confused or what?

I mean, even if I were to assign slightly higher odds towards our lil fiend breaking upwards first, 80% plus seems to be quite high odds, but if you really were to believe that the odds of UP were that great (80% plus), then why would we be giving much, if any attention, at this time, to odds of down that would presumably be less than 20%?

I would think that the odds for reaching $7.5k in this correction to be a bit greater than 20%, maybe even approaching 40%-ish, but if we are actually talking about going to the $3,122 price arena, then the odds of going to that or below that might more reasonably be described in the less than 20% arena.

Anyhow, I find your numbers a bit confusing, and also if true your desire to focus on what you consider to be low probability events.  To attempt at better consistency, either you have to change your focus or change your numbers... hahahahahha   

[bkbirge]

One time this security guard warned me against drinking GSM gin, he said sometimes people literally don't wake up the next day after drinking it, but I'm still here, so...

I only drink the finest Dominican Republic brewed methanol.