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

[makrospex]

Anyone has any wild guess at which price the real support might be at?

No.

Well, for a wild guess... either we are already there or... $7500? $6400?

No, really, I could keep throwing numbers out of my ass but it would be just that. Otherwise I would be rich by now. I don't think anyone else REALLY knows either.

Yes, momentarily maybe, but there really isn't anything like real "support", imo.
Support is virtual, it's the next lower price region where a big dump is kind of slowed down, not much more.
Also you see a lot of quick, reactive adjustments in orderbooks lately (i guess by bots).

[Gyrsur]

my girl is climbing again! tomorrow potentially she will lock back to the downs but at the weekend we will make love without any borders.   (and lots of green dildos!)

[Searing]

Anyone has any wild guess at which price the real support might be at?

No.

Well, for a wild guess... either we are already there or... $7500? $6400?

No, really, I could keep throwing numbers out of my ass but it would be just that. Otherwise I would be rich by now. I don't think anyone else REALLY knows either.

Yes, momentarily maybe, but there really isn't anything like real "support", imo.
Support is virtual, it's the next lower price region where a big dump is kind of slowed down, not much more.
Also you see a lot of quick, reactive adjustments in orderbooks lately (i guess by bots).

I'm tempted to sell some even at this price. Won't but tempted. Remember the IRS has not issued its revised Crypto 2019 guidelines yet, that will also be 'interesting' on

what the price does. Also have they even moved any of the mt. gox BTC out? Or is that also still not done?

Bitcoin: Always Drama!

This HODL lifestyle is exciting...either in a WTF dump way or a WTF pump way....

Brad

[_javi_]

I'm tempted to sell some even at this price. Won't but tempted. Remember the IRS has not issued its revised Crypto 2019 guidelines yet, that will also be 'interesting' on

what the price does. Also have they even moved any of the mt. gox BTC out? Or is that also still not done?

Bitcoin: Always Drama!

This HODL lifestyle is exciting...either in a WTF dump way or a WTF pump way....

Brad

yep, and we still have to digest the (negative?) ETF decision by the SEC next month.

Asuka meme its getting harder to believe in. 

[JSRAW]

This is getting ugly

your mom is ugly ~good morning sir

[makrospex]

I'm tempted to sell some even at this price. Won't but tempted. Remember the IRS has not issued its revised Crypto 2019 guidelines yet, that will also be 'interesting' on

what the price does. Also have they even moved any of the mt. gox BTC out? Or is that also still not done?

Bitcoin: Always Drama!

This HODL lifestyle is exciting...either in a WTF dump way or a WTF pump way....

Brad

https://www.cryptoground.com/mtgox-cold-wallet-monitor/

Last updated 4 days ago 

[Arriemoller]

how dat bottom lookin now?

Fatman takes a peak
Hurries back in to safe space
Reality hurts

[LUCKMCFLY]

Well it's never too late to start ....





source: https://twitter.com/ChartsBtc/status/1177256014174797825

The market always gives a good chance of recovery.

[serveria.com]

Bear time is over.. get the lube ready stupid bears... WEEEEEEEEEEEEEEE!  

[criptix]

Anyone has any wild guess at which price the real support might be at?

7200-7450 is major support zone (vwap, fib, cme gap, htf support).

If this breaks we are officially rekt.


Edit:

Btw. Personally I believe 7k's is the bottom and thus long now.

On htf we can also see a hidden bullish divergence forming.

[Arriemoller]

Just watching the Trump whistleblower stuff on TV, watching the stock market fall, watching BTC fall, trying to understand how this isn't all related to Trump being a massive piece of shit.

It's just not. It's a technical move.

Peaking out again
Reality is so cold
Retreating back fast

[El duderino_]

Mic's request =

[Gyrsur]

to speak with Trump's words: The miners did an incredible good job! Halving date is now on 14 May 2020. These guys are great! We're going to make history! I love you all!

https://edition.cnn.com/2017/04/21/politics/donald-trump-president-speeches-favorite-phrases-trnd/index.html

[JayJuanGee]

Price at this level?

....

I think that by closing "The Shorts" we can see the price recovery, which can be fast, so they are testing offer at these price levels.

I just don't know why I don't care when the price drops.


I think I will never leave my accumulating phase.

Actually that is true.

If BTC price stays suppressed for a decently long period of time, then either guys (and gal) can continue to accumulate BTC or to return to BTC accumulation (even when s/he may have previously concluded that BTC accumulation was completed).

[El duderino_]

Observing............ Why the F*** do I always see the same??

My screen always tells me 1BTC=1BTC

Mmm good enough for me....

[Raja_MBZ]

I just don't know why I don't care when the price drops.


I think I will never leave my accumulating phase.

Merited, because...

[rdbase]

I just don't know why I don't care when the price drops.


I think I will never leave my accumulating phase.

Merited, because...

IOU an sM when I get some.

I think the price will break out of this slump soon because all the news for bitcoin cant stay the same forever and there is always a light at the end of any torrential storm.

[Lambie Slayer]

This is getting ugly

your mom is ugly ~good morning sir

Your net worth is ugly but hey, at least we have something ugly in common?

LOL. Shitcoining Bitcoin deniers and poverty always go hand and hand.

[Lambie Slayer]

We're going to 8,200 too many fuckheads are expecting it to go down and they are always wrong. You think idiots like gembitz could short the market correctly if they had money, HA

i told everyone to sell at 11k you new here? lol

I remember you screaming and crying it was dead at 3,800 and when it pumped you changed your tune like the little shell of a man you are.

when it dips under 4k this time will be different haha

What you'll pretend to have a spine this time or continue on being a pathetic excuse of a person. I bet your a fair weather fan as well, I honestly don't like you gembitz and it's not that you're a bear it's that you're a bear then a bull then a bear. You're the prime example of a loser in the markets you buy at highs and sell at lows and cry and whine the entire time. If you think it's going to zero sell and get the fuck out, I know you're not shorting and have no real amount of skin in the game.

Exactly.  +2

Whenever I wonder why the guy washing my car is so upset about I realize he probably has has half a paycheck(aka net worth) in shitcoins and is crying non stop while he schizo shitposts online to numb the pain.

[LUCKMCFLY]

On the other hand, some news is not all bad  ..





source:https://cointelegraph.com/news/10-000-nodes-are-running-btc-lightning-network-in-new-all-time-high

The good news may not have the direct impact on the market at once ... but it does help to improve the overview of what's coming ..