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

[hv_]

Next 12 hours are critical.^tm  Or is it 8 hours?  Hairy?

Next 12 years are critical

True

[HairyMaclairy]

From 2016 to the end of the bull market in 2018 bitcoin never closed the daily candle bellow the 137 daily moving average.
Guess what.

edit 137 MA, currently around 9000/9100

I had to try this out.  137 MA - no wicks.

[SuperTA]

Thank you guys for ranking me up! 

[Negotiation]

From 2016 to the end of the bull market in 2018 bitcoin never closed the daily candle bellow the 137 daily moving average.
Guess what.

edit 137 MA, currently around 9000/9100

Send +2sMerit buddy you really deserve full member.

[fillippone]

From 2016 to the end of the bull market in 2018 bitcoin never closed the daily candle bellow the 137 daily moving average.
Guess what.

edit 137 MA, currently around 9000/9100

Never close below, but need to test it several time to avoid irrational exuberance and keep the bull run well grounded.

[Phil_S]

2019 - "Can't use #Bitcoin for payments lol fees are WAY too expensive"

1994 - "Can't use the internet for news lol ISPs are WAY too expensive"

How about shut up while we build this shit out



Source link: https://twitter.com/notsofast/status/1167145806777991168

1998 - The Onion mocks the idea of using internet to download TV shows:
https://www.theonion.com/new-5-000-multimedia-computer-system-downloads-real-ti-1819564613

Hilarious.

[Negotiation]

From 2016 to the end of the bull market in 2018 bitcoin never closed the daily candle bellow the 137 daily moving average.
Guess what.

edit 137 MA, currently around 9000/9100

Never close below, but need to test it several time to avoid irrational exuberance and keep the bull run well grounded.

Source: https://www.cbc.ca/news/world/2-injured-in-speediest-pamplona-bull-run-so-far-this-year-1.5204869

Every Bull made by new style BTCBull Vs Alt.

[El duderino_]

Thank you guys for ranking me up! 

Now Ask XhomerX for a HAT

Maybe provide him an image or something to work with

[Negotiation]

Did you know



https://twitter.com/money_alotta/status/1167241713439694848?s=20

I feel ready third world war "Blue whale" other hands BTCBull.

[Negotiation]

Thank you guys for ranking me up! 

Now Ask XhomerX for a HAT

Maybe provide him an image or something to work with

Sir want to send 1 merit to feel "0" sendable merit.

[Negotiation]

Thank you guys for ranking me up!  

Now Ask XhomerX for a HAT

Maybe provide him an image or something to work with

I did, yesterday 

XhomerX may be help you design a new cap.

[Febo]

About the price. We all must not forget we are still in 2015. Yes it looked we are not anymore, but that was just an illusion.

In all honesty from a TA perspective most of the charts dont look terrible imho...except perhaps the weekly. The wave packets of all the different time frames oscillate in and out of harmonics and at this time whilst most time frames show bullish or near bullish indicators the weekly has flipped to what I would call a bearish formation.  Its really not even that..its actually neutral but seems to be trending towards bearish.

I think the main difference today is that back in 2015 there was a real possibility that the great experiment could fail and many were fearful of not having a chair when the music stopped. I am fairly confident we are past that now and bitcoin is here to stay.

Also worth mentioning is that all we have known is the pump and dump mentality. We havent even reached peak adoption yet and the stability it might bring. 10 years later and many forget how early it still is in the game.

I am not saying that anything looks terrible. It just dont looks as bright as those 5 months of constant growth at start of this years looked like. When Bitcoin reached $13000 most here thought we are months or half year from breaking $20k. But reality that if we learn from past is that we are not.  Most people ( not on this forum, but people in general) today still believe Bitcoin experiment will fail, same as in the 2015.  For sure there are more believers today then back then and that is why price is $10000 today and not $500 and less. It is just because more people believe in Bitcoin.

[JSRAW]

~Snip~
For sure there are more believers today then back then and that is why price is $10000 today and not $500 and less. It is just because more people believe in Bitcoin.

Somehow it reminds me of Famous lines of one Indian Poet Majrooh Sultanpuri  "Main akela hi chala tha janib-e-manzil magar Log saath aate gaye aur karwaan banta gaya"

Hindi : "मैं अकेला ही चला था जानिब-ए-मंज़िल मगर लोग साथ आते गये और कारवां बनता गया "

Urdu : "میں اکیلا ہی چلا تھا جانبِ منزل مگر لوگ ساتھ آتے گئے اور کارواں بنتا گیا - مجروح سلطانپوری "

English : "I set off alone towards my goal, but, people came along and it began to turn into a caravan"

[mindrust]

About the price. We all must not forget we are still in 2015. Yes it looked we are not anymore, but that was just an illusion.

In all honesty from a TA perspective most of the charts dont look terrible imho...except perhaps the weekly. The wave packets of all the different time frames oscillate in and out of harmonics and at this time whilst most time frames show bullish or near bullish indicators the weekly has flipped to what I would call a bearish formation.  Its really not even that..its actually neutral but seems to be trending towards bearish.

I think the main difference today is that back in 2015 there was a real possibility that the great experiment could fail and many were fearful of not having a chair when the music stopped. I am fairly confident we are past that now and bitcoin is here to stay.

Also worth mentioning is that all we have known is the pump and dump mentality. We havent even reached peak adoption yet and the stability it might bring. 10 years later and many forget how early it still is in the game.

I am not saying that anything looks terrible. It just dont looks as bright as those 5 months of constant growth at start of this years looked like. When Bitcoin reached $13000 most here thought we are months or half year from breaking $20k. But reality that if we learn from past is that we are not.  Most people ( not on this forum, but people in general) today still believe Bitcoin experiment will fail, same as in the 2015.  For sure there are more believers today then back then and that is why price is $10000 today and not $500 and less. It is just because more people believe in Bitcoin.

Nobody said it was going to be easy. We are in a better shape than what we were in 2015 (I believe a lot better), that's the only thing counts.

Swiss banks are getting crypto licences, bloomberg/cnbc etc are constantly making crypto related news, when it goes up, it hits the news, when it goes down, it hits the news, even Trump is aware of Bitcoin and tweeted about it, BAKKT is only 20 days away which is going to enable institutional investors to enter the markets, LN is maturing... These are the good news coming from the BTC side.

And the other side is constantly giving bad news: The recession is here, trade wars, currency wars, unsustainable debt, low interest rates, fragile big banks (like Deutsche), migrant crisis in both EU and USA.

The fundamentals haven't changed.

People will look for a safe haven and while I agree most of them will be going for gold, some of those people will also want to have the portability of bitcoin.

Overall, it looks pretty awesome.

[SuperTA]

About the price. We all must not forget we are still in 2015. Yes it looked we are not anymore, but that was just an illusion.

I think the main difference today is that back in 2015 there was a real possibility that the great experiment could fail and many were fearful of not having a chair when the music stopped. I am fairly confident we are past that now and bitcoin is here to stay.

I am not saying that anything looks terrible. It just dont looks as bright as those 5 months of constant growth at start of this years looked like.

When bitcoin reached 3100 usd it didn't look bright at all but it was the best buying opportunity.

[Millionero]

The next two posters will be critical.

[mindrust]

Even the charts are on our side. We have all the bullish TA parameters there is. All the golden crosses have happened. What else do you ask for?

*EUR/USD is 1.10 1.0986 is btw. Trump will go berserk on FED, quick print more money to counter balance it otherwise Merkel will sell more cheap BMW's to the Americans.

[nutildah]

The next two posters will be critical.

In b4 3rd poster

 

The next galactic year is critical.

Slow day today in the WO house.

[RivAngE]

From 2016 to the end of the bull market in 2018 bitcoin never closed the daily candle bellow the 137 daily moving average.
Guess what.

edit 137 MA, currently around 9000/9100

Never close below, but need to test it several time to avoid irrational exuberance and keep the bull run well grounded.

Source: https://www.cbc.ca/news/world/2-injured-in-speediest-pamplona-bull-run-so-far-this-year-1.5204869

Every Bull made by new style BTCBull Vs Alt.

Aaaand bloom!!! that's how the bull will get drown!
Seriously... bulls can't swim, can they?

[BitcoinGirl.Club]

Good evening WO!
Observing @ $9,594
No significant move to get excited 🤪