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

[JayJuanGee]

Another bull flag move to $9,800 looks possible this evening, even if my gut feeling is for some more consolidation/correction before higher highs.

Preserve your gut within its current status, even if it feels a bit uncomfortable for you, on a personal level...

In other words, take one for the team... we don't want anymore bear calls from you... NONE....

You will thank me later.

 

[1702184387]

1702184387

[mindrust]

Another bull flag move to $9,800 looks possible this evening, even if my gut feeling is for some more consolidation/correction before higher highs.

Preserve your gut within its current status, even if it feels a bit uncomfortable for you, on a personal level...

In other words, take one for the team... we don't want anymore bear calls from you... NONE....

You will thank me later.

 

Bears are part of the game. I am still not all in.

Can I order a flash crash to $5500 please?

[Dabs]

Seems to me that you are referring to a few important principles that any investor into bitcoin needs to keep in mind,

So the principles that you seem to be suggesting in regards to bitcoin would be 1) don't invest any more than you can afford to lose, 2) live within your means and 3) attempt to build your BTC portfolio over time - without trying to rush it with too many risky practices.

Regarding getting these kinds of returns with any other investment, I don't really buy that.. and again, did I say fuck alt coins?  

I never mentioned altcoins. That would be something else personally. In fact, I do not ever invest into altcoins, I merely get paid in them, so all my altcoins (or most of them) were earned.

The important principles are those that have long been said in the traditional fiat investing world which include what you said and bunch of others, eventually anyone long enough in the space should figure out or learn the hard way.

Stuff about SWR, compounded interest, dollar cost averaging, being consistent ... be that, if you act like you are investing for your retirement like a lot of other people would using low fee index funds or something close to a total stock market fund, VTSAX or BlackRock's equivalent, or even just a basic S&P 500 ... and you treat bitcoin exactly the same way, and keep doing the same thing for the next 20 years, yes, you will get rich as much as you like by the time you need to cash it out, if you never touch it until then.

That's what I was trying to say anyway. But no.. Very few will actually do this even after reading this post. I'll try to do it myself, but I have other problems I have to deal with at the moment, like trying to survive.

[realr0ach]

My little daughter is totally afraid of deadly viruses now. Thanks to the global brainwash broadcasting mafia media. 

Did you tell her the virus was released on purpose in order to try and provide cover for the implosion of global Jewish Ponzi scams?

[exstasie]

Three white soldiers pattern on the daily chart:

[dragonvslinux]

Another bull flag move to $9,800 looks possible this evening, even if my gut feeling is for some more consolidation/correction before higher highs.

Preserve your gut within its current status, even if it feels a bit uncomfortable for you, on a personal level...

In other words, take one for the team... we don't want anymore bear calls from you... NONE....

You will thank me later.

 

Bears are part of the game. I am still not all in.

Can I order a flash crash to $5500 please?

I think a flash crash to sub $6K is a bit much to ask, maybe better chance of ordering of a slow grind back down to continue to bear trend over the next few months, until the halving with an eventual break of $6K. While looking bullish, we still haven't made a higher high (above $10.5K) or the long-term downtrend from $20K (lined up at $10K), and therefore topping out and breaking key support (probably $8.2K and $7.2K levels) would definitely indicate a continuation of the bear trend (lower highs and lower lows). That said, the chances of sub $6K are becoming increasingly less as time moves on, about $100 a week based on the 200 Week MA (currently at $5266).

Just because price is looking extremely bullish, is above the 200 Day MA, broken out of a bear channel, above the MA ribbons and guppy on the Weekly, and given a hash ribbons buy signal on all time-frames (as well as many other bullish factors)... it still doesn't fully negative the bearish structure of lower highs and lower lows.

[Last of the V8s]

Talking about camels, just looking at all this again, had forgotten this resource https://antilop.cc/sr/ Silk Road Tales and Archives

[BitcoinGirl.Club]

Can I order a flash crash to $5500 please?

You mean you have an active stop loss order with an exchange?

[Ibian]

I'm staying at a hotel named Corona. Because. Ride the lulz all the way.

[rdbase]

Observing 9,407 on Stamp



Where else Would a WOer Observe?

Coinbase

Yet some data mining company claims coinbase has 1 million bitcoin in their possession. Split into different amounts in cold storage.
https://www.trustnodes.com/2020/01/25/coinbase-holds-8-billion-bitcoin

I doubt they wanted this to be publicly known.
Observing using preev rate (combination of bitstamp/kraken) because buy&selling with individuals they call to reach a consensus on the price they want 1:1 

[Raja_MBZ]

Can I order a flash crash to $5500 please?

Can I order a flash market-buy to $55000 please?

[JimboToronto]

I'm staying at a hotel named Corona. Because. Ride the lulz all the way.

Corona? Yawn.

The beer sucks (cerveza turista) and we don't have the virus out here in the Maya jungle.

Coronary?

Still not gonna lose any sleep. Excellent healthcare here in Mexico. Almost as good as Canada.

[jojo69]

another doowopawigabee forming up on the 15 min chart

[Icygreen]

Do we really want to send them to coinbase? I understood they've been naughty in assisting agressive nutrino chainalyasis/analytic tactics.

Genuinely curious. What _exactly_ do you think they are doing to aid chainalysis? Divulging private customer data?

I'm not accusing them of anything illegal however since Coinbase acquired Neutrino, now they have the largest on ramp and customer base with chainalysis rolled together. Not only is it a honeypot for leaks, its recreating the same privacy invasive, centralized practices familiar in today's banking. While understanding the merits of such, I prefer to support smaller privacy focused on ramps in efforts to avoid ultimately enslaving the population with an 'all seeing' Gov. Bitcoin.
To answer your question directly, Coinbase is consolidating power to break and prevent privacy in Bitcoin.  #deletecoinbase

[manitou]

I'm staying at a hotel named Corona. Because. Ride the lulz all the way.

In Spain?? The room 510 is haunted. Be careful

[Gyrsur]

another doowopawigabee forming up on the 15 min chart

the force is strong in you, little BTC


(*) Bitstamp data timeframe 2h

EDIT: but not that strong, for the moment probably.  

[jojo69]

AYH

[Globb0]

4 cases of coronavirus now in the UAE.

This is fine.

https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6

Chinese closing transport links Friday, no worries about its totally too late FS.


2 weeks no symptoms with this disease, lets make the assumption its everywhere and work back from that.

The world itself is a system.

We humans have accelerated the bandwidth between locations significantly, there are no more islands.

[Gyrsur]

AYH

new AYH at $9432.0 confirmed.


(*) Bitstamp data timeframe 2h

EDIT: will Asia help us again as last night to get through the mark?

if someone is interested in fibonacci here is a good explanation --> https://forums.babypips.com/t/fibonacci-extension-vs-fibonacci-expansion/128495/7

[Hueristic]

Good morning WO, I'm observing a comfortable 9339.99$ and a much better look of the price charts. It looks like a great morning.
Let's hope it'll go in the same direction even after the coronavirus panic ends.

We have way more experience with panic, don't we?  
#WE_JUST_HODL 

I like the charts, but what i'd even like more to see is more volume.
Seems like quite some people wait for bitcoin to moon before the halving?
That would be very surprising...

My little daughter is totally afraid of deadly viruses now. Thanks to the global brainwash broadcasting mafia media. 

Tell her there is a better chance she will get eaten by a shark.

That'll take her mind off it.

LoL

My wife tried to calm her down, by telling her that only old and weak people are endangered.
Result: She almost started crying because she was afraid that her grandparents could die because of some virus infection.
Well done, mom 

Institutional FUD is a virus that has to be ignored to be inoculated against.


BTW guys, upvote this.


https://www.youtube.com/watch?v=3GCsXL_prYw