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

[SuperTA]

I fixed the chart which is now slightly more bullish. In the future the second - lower band will dissapear, according to this chart. So i assume he made the wrong bottom trendline just to prove his statements.

Dunno, that point on the black trend line sticks out like a flat-line after the 1st bottom correction.
Looks like in 2010, & for the period of a few months - BTC was really dead (in a coma to be precise) - and discarded by the author.
Which also happens to be the first time it was announced dead @$0.23 per BTC, and the year of the 10kBTC pizza's.
This way the green lower trend line makes sense, considering at the same time the absence of 2009 data (starting from zero).

TLDR: Call me dead, call me bullish.

You actually promote a bearish chart at this moment, because we didn't spend much time in the green area. The chartist who made this chart is saying that we need to spend 50% of the time in the green area. But we were there only for a short time. so we would need to spend more time there according to that chart. I don't agree about the green area, because it doesn't have any trendline bottom. You need at least 3 to confirm it. Even if you exclude this bottom you can still make a trendline that touches with the rest of the bottoms and the green area dissapears eventually. This green area doesn't make any sense if you look at the bigger picture.

[HairyMaclairy]

I don’t believe in CMC dominance figures but still, fuck you alts.

[El duderino_]

Sorry Lauda

you no longer meet the minimum requirements to occupy pixels on my display

jojo69 = A WO Legend

[El duderino_]

Mmmmmm 216K coins, this are my kind of HOPIUM hero charts

🧐 216K $BTC 2020 🚀



https://twitter.com/moonshilla/status/1169540399641321473?s=20

[Cryptotourist]

BTC vs Alts



#

You actually promote a bearish chart at this moment, because we didn't spend much time in the green area. We don't need to go down there and spend 50% of the time. That's what this chartist who made this chart is saying. I don't agree about the green area, because it doesn't have any trendline bottom. You need at least 3 to confirm it. Even if you exclude this bottom you can still make a trendline that touches with the rest of the bottoms and the green area dissapears eventually. This green area doesn't make any sense if you look at the bigger picture.

I only expressed one view point, in terms of agreeing with the author.
The chart either way looks bullish to me, & of course I'm trying to look at the greater picture.
The green trend line probably starts from zero at 2009 imo, that's all.

[VB1001]

https://twitter.com/SatoshiClan/status/1155354109060345856

[Cryptotourist]

Well if you think going back down to the green area and spend 50% time there is bullish?

Yes. Sounds a reasonable average time frame to recover from a massive correction.

Consolidating around $100k/BTC, between 2022-2025 (according to the chart) is not bullish enough for you?

This model allows us to make broad predictions concerning the long-term future price of bitcoin, e.g.
the price will reach $100 000 per bitcoin no earlier than 2021 and no later than 2028. After 2028, the price will never drop below $100 000.
the price will reach $1 000 000 per bitcoin no earlier than 2028 and no later than 2037. After 2037, the price will never drop below $1 000 000.

[serveria.com]

Well if you think going back down to the green area and spend 50% time there is bullish?

Yes. Sounds a reasonable average time frame to recover from a massive correction.

Consolidating around $100k/BTC, between 2022-2025 (according to the chart) is not bullish enough for you?

This model allows us to make broad predictions concerning the long-term future price of bitcoin, e.g.
the price will reach $100 000 per bitcoin no earlier than 2021 and no later than 2028. After 2028, the price will never drop below $100 000.
the price will reach $1 000 000 per bitcoin no earlier than 2028 and no later than 2037. After 2037, the price will never drop below $1 000 000.

Nope. $100k is year 2020/2021. In 2022-2025 we'll be falling from the top of the next ATH of $350k-$500k  

[VB1001]

Off-Exchange or OTC Crypto Trades Now Available on Gemini Clearing

The Winklevoss brothers-led Gemini crypto exchange has introduced its new clearing and settlement product Gemini Clearing.

No OTC desk on Gemini

Gemini announced the new clearing and settlement solution in a blog post on Sept. 5, explaining that the Gemini Clearing allows traders to negotiate off-exchange or over-the-counter (OTC) crypto trades using Gemini accounts.

https://cointelegraph.com/news/off-exchange-or-otc-crypto-trades-now-available-on-gemini-clearing

Introducing Gemini Clearing™

https://medium.com/gemini/introducing-gemini-clearing-7f54f01e6f89

[Torque]

Off-Exchange or OTC Crypto Trades Now Available on Gemini Clearing

The Winklevoss brothers-led Gemini crypto exchange has introduced its new clearing and settlement product Gemini Clearing.

No OTC desk on Gemini

Gemini announced the new clearing and settlement solution in a blog post on Sept. 5, explaining that the Gemini Clearing allows traders to negotiate off-exchange or over-the-counter (OTC) crypto trades using Gemini accounts.

https://cointelegraph.com/news/off-exchange-or-otc-crypto-trades-now-available-on-gemini-clearing

Introducing Gemini Clearing™

https://medium.com/gemini/introducing-gemini-clearing-7f54f01e6f89

Not to be upstaged by Bakkt, obviously. 

A day late and satoshi short?

[gallianooo]

I can see something like 80% Bitcoin dominance before a possible changing of trend for Alt/Btc.

So probably more blood for Alts vs BTC in the next weeks/months 

[SuperTA]

For V8's

Cruciferous Vegetables are fighting Cancer

Arugula, Bok choi ,Broccoli, Broccoli rabe, Broccoli romanesco, Brussels sprout, Cabbage, Cauliflower, Chinese broccoli, Chinese cabbage, Collard greens, Daikon, Garden cress, Horseradish, Kale, Kohlrabi, Komatsuna, Land cress, Mizuna, Mustard – seeds and leaves, Pak choi ,Radish, Rutabaga, Tatsoi, Turnips – root and greens, Wasabi, Watercress

https://www.gardeningknowhow.com/edible/vegetables/vgen/cruciferous-vegetables.htm


13 Foods That Could Lower Your Risk of Cancer

Broccoli.
Carrots.
Beans.
Berries
Cinnamon
Nuts
Olive Oil
Turmeric
Citrus Fruits
Flaxseed
Tomatoes
Garlic

https://www.healthline.com/nutrition/cancer-fighting-foods


Bananas with brown spots kill cancer! Eat them! ... The darker the patches, the higher the banana's ability to boost your immunity and lower the risk of cancer"
https://www.abc.net.au/news/health/2018-09-16/cancer-and-ripe-bananas-how-bogus-health-claims-hurt/10237738


Foods to avoid:
Limit your sugar, caffeine, salt, and alcohol.

Limit red meat, max 1 time per 1 week.

Important thing: The body can absorbe more vitamins and minerals from the fresh food, rather than supplements. Get your caretenoids from food not supplements.

more on
https://www.youtube.com/watch?v=i8wgBppJK9s

[infofront]

Scotland has always been more intrinsically European. They actually like French people for starters.

This is typical of the Scots. They get everybloodything arse-about-face. French people are much better served for pudding than for starters, although they need a lot of cream and sugar to go with, as they are a dry and bitter bunch.

This is fun. Can you do Germans next?

[El duderino_]

via Imgflip Meme Generator

[JayJuanGee]

Is this bullish enough?

https://medium.com/@hcburger1/bitcoins-natural-long-term-power-law-corridor-of-growth-649d0e9b3c94

This model allows us to make broad predictions concerning the long-term future price of bitcoin, e.g.
the price will reach $100 000 per bitcoin no earlier than 2021 and no later than 2028. After 2028, the price will never drop below $100 000.
the price will reach $1 000 000 per bitcoin no earlier than 2028 and no later than 2037. After 2037, the price will never drop below $1 000 000.

Well.
This is sorcery I think.
I would like to overimpose PlanB graph on that one...
Not adding much value, but it’s nice to see those numbers!

So I need to HODL until 2044 

If any such scenario even comes close to playing out, you should be able to figure out ways to profit from it, much before 2044 - and even to become quite richie by 2028, minimum.. even if you are starting from a very bad cash flow situation, currently.. as long as you are able to put a little bit aside (I mean into bitcoin), such as $50 per month.

[JayJuanGee]

Still in the triangle. If this breaks out upwards, this is going to play out exactly like anon predicted. $16k in October.

Big 200/350D MA Golden cross is supporting this too. You can't get more bullish than this.

Good news is, it looks like there will be another month (maybe 2 at best) to collect cheap coins. Possibly our last chance. Consolidation is happening around here. Anything you buy from here may return you x6-x10 profits in a year.

BAKKT will be the trigger probably.

I was also thinkin about Torque's post.

Those wondering about the impact of BAKKT on the market, needs to realize something else.
It's not the fact that they are going live within days. It's completely the relative timing.
They could have gone live over a year ago. The tech was already in place and working behind closed doors.
But they didn't. They delayed it.
So ask yourself: Why go live now? Why not a year ago? Or why not kick the can for another year?

Either Anon knew BAKKT was going to launch on Sept 23 (less likely), or the BAKKT officers put the launch date on September, purposefully just to amplify the gains. Right before the big parabolic move.

@mindrust - You’re turning me on!
This kind of post should be X rated. It’s giving me a sweat

Descending Triangles will break to the downside 55% of the time with an average decline of 19%. This would pull us back to 7k ish, which is the phase 2 trend line from the uber bull of 2017.
Descending Triangles will fail to break to the downside 45% of the time. ( break to the upside ) with an average rise of 42% , which would bring us to 14 k ish.

Essentially with  Descending Triangles it is best to wait for the break either up or down. They are not particularly reliable until the break.

There is a great book called "Encyclopedia of Chart Patterns by Bulkowski " It might be out print? It is a great resource as it breaks down the odds of the 50 or so most reoccurring patterns.

I am ready for both scenarios.

There might be a correction to $8k but even if happens, I don't think It'll stay there for long before shooting back up.

%45 is still good odds.

I am starting to believe that the odds for $8k scenarios are becoming lower and lower and lower.

Sure $8k is not impossible, but it is starting to seem like a minority scenario.  AmInotrite?

[psycodad]

For V8's

...

Bananas with brown spots kill cancer! Eat them! ... The darker the patches, the higher the banana's ability to boost your immunity and lower the risk of cancer"
https://www.abc.net.au/news/health/2018-09-16/cancer-and-ripe-bananas-how-bogus-health-claims-hurt/10237738

Did you actually read that link above?
As I understand the article, you could as well cram a banana up your dark star and stimulate your immune system that way.
Is this some sort of insider joke I just don't get because I am only following since few hundred pages?

[Torque]

[SuperTA]

For V8's

...

Bananas with brown spots kill cancer! Eat them! ... The darker the patches, the higher the banana's ability to boost your immunity and lower the risk of cancer"
https://www.abc.net.au/news/health/2018-09-16/cancer-and-ripe-bananas-how-bogus-health-claims-hurt/10237738

Did you actually read that link above?
As I understand the article, you could as well cram a banana up your dark star and stimulate your immune system that way.
Is this some sort of insider joke I just don't get because I am only following since few hundred pages?

No, i found the article before, scientific article,. claiming that the dark banana has produced more healthy substance. So i just googled for that and linked one of the first links. Sorry about that.

[JSRAW]

 Youtube :Bitcoin Rap Battle Debate: Hamilton vs. Satoshi