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

[serveria.com]

1.We broke down 3-months consolidation and 200DMA -> I am assuming bear market till proven wrong.
2.With #1, it means $btc bull market failed to break previous ATH for the 1st time -> I am going to assume the first MACRO-BEAR market!


current plan is to watch the 200DMA retest and quite likely short it. (depending on the tape)

Ladies and gents please welcome another bear troll! (As if we haven't had enough already) 

[1702147633]

1702147633

[Fatman3001]

All my charts still say we are due for a rally starting in the next 48 hours.  But I gotta say this is challenging.

 I hope you're right.  I was poised to begin a regimen of lorazepam until Friday's WO intervention.  Now I'm on a course of night shifts instead... it helps but not nearly as.much as would seeing Bitcoin over 9000 8000 again.

Edit: damn
Edit2: didnt want to get in the way of HairyMaclairy's smackdown.

Dude, we'll likely see $6.5k. No reason to panic though. We should move up after that.

[yefi]

Anyone who wants to know, adam gave up his account, forum admins concluded that this thread was difficult to administer and closed down the thread.  after complaints from forum members, theymos agreed to reopen the thread with a new thread owner that was voted upon by forum member (largely already active WO participants to my recollection).. accordingly, infofront has carried out a very laudable nearly non-interventionist approach that seems to carry out the spirit of the thread in a way that might have even been playing out better than the original version.  Go Figure!!

Yep, just to add to that, the reason the first post was changed wasn't a FU to Adam, but was simply a pragmatic decision because there was no other way to easily change the thread moderation. If anyone has a problem with that, then download the source code for SMF and code a workaround...

[mindrust]

1.We broke down 3-months consolidation and 200DMA -> I am assuming bear market till proven wrong.
2.With #1, it means $btc bull market failed to break previous ATH for the 1st time -> I am going to assume the first MACRO-BEAR market!


current plan is to watch the 200DMA retest and quite likely short it. (depending on the tape)

Oh no... are you telling me... Tone Vays was right? This is worse than the bear market itself.

[Lauda]

Anyone who wants to know, adam gave up his account, forum admins concluded that this thread was difficult to administer and closed down the thread.  after complaints from forum members, theymos agreed to reopen the thread with a new thread owner that was voted upon by forum member (largely already active WO participants to my recollection).. accordingly, infofront has carried out a very laudable nearly non-interventionist approach that seems to carry out the spirit of the thread in a way that might have even been playing out better than the original version.  Go Figure!!

Yep, just to add to that, the reason the first post was changed wasn't a FU to Adam, but was simply a pragmatic decision because there was no other way to easily change the thread moderation. If anyone has a problem with that, then download the source code for SMF and code a workaround...

Or just fuck off from here because nobody sane would give a fuck about Adam? Seems much simpler than your proposal.

[Fatman3001]

Anyone who wants to know, adam gave up his account, forum admins concluded that this thread was difficult to administer and closed down the thread.  after complaints from forum members, theymos agreed to reopen the thread with a new thread owner that was voted upon by forum member (largely already active WO participants to my recollection).. accordingly, infofront has carried out a very laudable nearly non-interventionist approach that seems to carry out the spirit of the thread in a way that might have even been playing out better than the original version.  Go Figure!!

Yep, just to add to that, the reason the first post was changed wasn't a FU to Adam, but was simply a pragmatic decision because there was no other way to easily change the thread moderation. If anyone has a problem with that, then download the source code for SMF and code a workaround...

A small sentence in the first post saying that adamstgbit was the original thread starter is all that it takes to rectify the problem. Not doing so suggests that there is something horribly wrong with either infofront or bitcointalk.org as a whole.

Edit:

Or just fuck off from here because nobody sane would give a fuck about Adam? Seems much simpler than your proposal.

Jeebuz, Lauda. Take some anger pills.

[Lauda]

Or just fuck off from here because nobody sane would give a fuck about Adam? Seems much simpler than your proposal.

Jeebuz, Lauda. Take some anger pills.

There's no anger, just objective statements. Adam was/is a delusional piece of shit. This is nice kitty mode, price is boring. Purr.

[El duderino_]

Bottom might be in, new guys start talking about macro bear etc

[JollyGood]

Do you think BTC would end the year at around the $10,000 mark?

[El duderino_]

via Imgflip Meme Generator

  

[Fatman3001]

Or just fuck off from here because nobody sane would give a fuck about Adam? Seems much simpler than your proposal.

Jeebuz, Lauda. Take some anger pills.

There's no anger, just objective statements. Adam was/is a delusional piece of shit. This is nice kitty mode, price is boring. Purr.

Whether you like him or not is completely irrelevant. This is more about Bitcointalk.org and infofront than adam.

[serveria.com]

via Imgflip Meme Generator

  

This is crazy. I would flee such a country straight away... what's next? A GPS tracker implant?  

[serveria.com]

Do you think BTC would end the year at around the $10,000 mark?

I still think we're gonna see an ATH this year, December probably....  

[Majormax]

1.We broke down 3-months consolidation and 200DMA -> I am assuming bear market till proven wrong.
2.With #1, it means $btc bull market failed to break previous ATH for the 1st time -> I am going to assume the first MACRO-BEAR market!


current plan is to watch the 200DMA retest and quite likely short it. (depending on the tape)

The most ominous sign is the failure of the exponential rally in June/July, and the fact that the price has followed through downwards since.

In classical TA, this is sign of a full-blown bear market.  An parabolic rally to new highs always ends a bull run, and price takes a lot of time to recover. However a parabolic failure which doesn't get to the previous high is much worse. I hesitate to call it so, partly because I don't like that idea, and partly because we all can claim BTC is somewhat peculiar compared with other assets.

However, the evidence is plain, and a real price failure is now a significant possibilty.

[Majormax]

Do you think BTC would end the year at around the $10,000 mark?

I still think we're gonna see an ATH this year, December probably....  

I think that was /s, but  I think even 10k by year end is most unlikely.

[Majormax]

The long term bull market in BTC is under real threat.  A key point will come after a test of the 6.5k support. That may take a few more months.

With the halving approaching, if price cannot rally to a new high next year, the whole game will have changed.

Jury is still out on it, but there are warning signs of a negative verdict.

[vroom]

is it just me or is bitcoin about to debart?

[El duderino_]

is it just me or is bitcoin about to debart?

Prefer debart

Let it start ......

[Majormax]

Bottom might be in, new guys start talking about macro bear etc

That is one positive sign , yes.  But there are a lot of negatives. We will have to wait for more indicators, and see price activity.

[El duderino_]

Bottom might be in, new guys start talking about macro bear etc

That is one positive sign , yes.  But there are a lot of negatives. We will have to wait for more indicators, and see price activity.

Yeah, also I never really call a bottom cause I might be wrong with guessing 95% of the time

My only guess is long term succes and all my bets are made on that one call....