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February 14, 2025, 01:34:15 AM *
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Question: Price Target for Nov. 30, 2024:
<$75K - 4 (2.8%)
$75K to $80K - 1 (0.7%)
$80K to $85K - 2 (1.4%)
$85K to $90K - 10 (6.9%)
$90K to $95K - 15 (10.3%)
$95K to $100K - 29 (20%)
>$100K - 84 (57.9%)
Total Voters: 145

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26732592 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 1 users with 9 merit deleted.)
HairyMaclairy
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September 24, 2019, 08:23:16 PM

Daily RSI nicely into the oversold zone.  Funds wired - can’t help myself but take a little nibble of physical.  Still holding plenty in reserve.  


Globb0
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September 24, 2019, 08:23:36 PM

mindrust
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September 24, 2019, 08:25:53 PM

Mayer Multiple is 1.0, just like when it was at $5k last time.

Screaming: BUY TIME
Globb0
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September 24, 2019, 08:28:14 PM
Merited by 600watt (1)

Down is the easier manipulation,

Shorts and then dumps, but that is not sustainable as the resistance grows with each drop. Unless capit I suppose.


I expect when down gets harder? then up


HairyMaclairy
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September 24, 2019, 08:28:46 PM
Merited by 600watt (1)

Good solid volume on the volume oscillator (bottom bar).  This is a potential capitulation event to seal off the baby bull and move to adolescent bull.  Would like to see volume higher still though.  You want the volume candle to look like a giant fuck off finger and we aren’t there yet.  

proudhon
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September 24, 2019, 08:28:51 PM

Mayer Multiple is 1.0, just like when it was at $5k last time.

Screaming: BUY TIME

Maybe if you're a careful day trader, but ultimately this thing is on its way to sub $1,000. Bitcoin simply cannot sustain anything more than that. It certainly will never be worth more than $10,000 again.
Yaplatu
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September 24, 2019, 08:31:10 PM

New bearish cycle  Huh  Cry
mindrust
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September 24, 2019, 08:32:16 PM

So statistics were telling the truth,

descending triangles are indeed mostly a bearish formation.

I shouldn't forget this next time.



200DMA is trying to hold. The battle is not over yet.
Globb0
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September 24, 2019, 08:32:34 PM

Oof right in the nuts!

 Shocked
LFC_Bitcoin
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September 24, 2019, 08:34:49 PM

Oof right in the nuts!

 Shocked

No need to worry my friend, just shaking out the weak hands. I really want to pull the trigger & buy but I’m going to sleep on it & see if we’ve dropped further in the morning.
El duderino_
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September 24, 2019, 08:37:57 PM

Mayer Multiple is 1.0, just like when it was at $5k last time.

Screaming: BUY TIME

Maybe if you're a careful day trader, but ultimately this thing is on its way to sub $1,000. Bitcoin simply cannot sustain anything more than that. It certainly will never be worth more than $10,000 again.

Like last time....?? Cheesy
HairyMaclairy
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September 24, 2019, 08:42:59 PM

Long / short ratio drops below 2.0 for the first time since $6k.  Is the elastic band about to snap and hurl us the other way?

That would be a perfect play of my Bakkt prediction which is asking a bit much
Globb0
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September 24, 2019, 08:43:55 PM

Volume.   Check!

Stamp had a 7998 stab eek
El duderino_
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September 24, 2019, 08:45:30 PM

Volume.   Check!



Green dildo in sight??

Mic would totally agree Cheesy

Provide me a dildo please or the queen has to pay cause lack of intrest Roll Eyes
El duderino_
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September 24, 2019, 08:46:27 PM

Btw I voted 20K

Just in case of the BAKKT warehouse would fill up  Cool
Globb0
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September 24, 2019, 08:48:13 PM

RSI in the gutter. Up from here? seems some pause for breath at least.

HairyMaclairy
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September 24, 2019, 08:52:45 PM

RSI in the gutter. Up from here? seems some pause for breath at least.



Local low of $7998 would be a great place to bounce from

Just increased the size of my DCA long by 10% in a single market order. I guess it’s not pure DCA anymore.

That will do for today.  Let’s sit back and watch. 
El duderino_
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September 24, 2019, 08:53:32 PM

^^
NP jbreher will keep pumping/supporting that one Cheesy
600watt
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September 24, 2019, 08:54:02 PM

daily 200MA will be respected. on july 15 2017 it closed below. on july 16 2017 it opened and closed below. on july 17 2017 it opened below the 200MA (stamp)

200MA sits at $8270

not concerned at all.

oh, there is also good news:  

BCH -26%  Cheesy
BSV -33%  Cheesy

btc dominance on its way back to 70%.   alt-season, lol.  

makrospex
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nothing to see here


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September 24, 2019, 08:58:28 PM

daily 200MA will be respected. on july 15 2017 it closed below. on july 16 2017 it opened and closed below. on july 17 2017 it opened below the 200MA (stamp)

200MA sits at $8270

not concerned at all.

oh, there is also good news:  

BCH -26%  Cheesy
BSV -33%  Cheesy

btc dominance on its way back to 70%.   alt-season, lol.  



from alt-season to salt-season  Grin
(lol-season for bitcoiners)
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