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

[Ibian]

OK..
I think this thread is worse than 4chan as far as the mexican beer conspiracy goes.. lol

Contagious at hundreds of meters and develops no immunities so you can get infected over again?
We would all be dead..

I don't live anywhere near a city, but have a kid in the house that goes to public school..
A possibly 2 week non-symptomatic but contagious incubation period on top of "hundreds of yards" and "repeat infections"..
No chance..

That's an end of the world situation.. Must be BS.. Or I don't care how many guns and masks and food you think you have on your secluded property.. Sooner or later you're game over..

Will*. We WILL all be dead. Muahahahaha!

But seriously 40k infected now. The virus is spreading wooo~

[LFC_Bitcoin]

@hodlonaut
All that time to stack sats under $10k was a golden opportunity.

Remember that time to stack under $20k is also a golden opportunity.

Same goes for $50k.

We are super early. There is still zero broad understanding of Bitcoin and its uncompromising scarcity. Be grateful.
https://twitter.com/hodlonaut/status/1226557202493853703?s=21

[Ibian]

- Death toll from outbreak of coronavirus rises to 813 (surpassing the death toll of the SARS outbreak), 37,553 confirmed cases worldwide, 28,942 suspected cases, 6,196 in critical condition and 2,681 recovered.

- 6 new cases of coronavirus on cruise ship near Tokyo, raising ship's total to 70.

- 400m people under lockdown that’s larger than the entire US population! Turns busy Chinese cities into ghost towns.

- Singapore reports 7 new cases, 4 patients in the city-state are now in critical condition.

- Two new coronavirus cases in the UAE.

- Confirmed cases in Japan climbs to 90.

- 5 people who were diagnosed with coronavirus in France are all British nationals.

- 30 medical staff in Wuhan Mental Health Center were diagnosed with the virus.

- Thailand reports 7 new cases of coronavirus, raising country's total to 32.

- U.S. citizen dies of coronavirus in Wuhan.

- Royal Carribean Cruises has placed a ban on tourists with a Chinese, Hong Kong, or Macau passport as well as anyone who has been there in the past.

- Toyota and Honda extend China plant shutdowns over coronavirus.

- IPhone maker Foxconn tells employees at Shenzhen facility not to return to work until further notice.

- Steel, copper, gas producers have had shipments stalled as China's manufacturing activity slows due to virus outbreak.

- Patients who recover from coronavirus can get infected again.

If you can get reinfected, would't that mean that a vaccin is impossible? I would like to get some more info on that before I believe it.

It'd be like the flu. Just something that happens every so often.

[BitcoinNewsMagazine]

Pro tip for free: at some point in a bull run BTC price will touch the weekly 20 MA. Use that as a low risk entry. Takes patience, just put in your buy order and adjust.

Thank you   So this would be around ~ $9K right ?

More like $8.2-8.4k right now but it will probably get closer to 9k later on if it keeps going up without a correction.



*Btw, it never touched 20 WMA when it started going up from $3.8k to $14k so it might not be as valid as BitcoinNewsMagazine thinks. LFC's idea is probably a better one. Buy while you still can.

Sure it did early in the last bull run. If you want to be assured of getting filled just adjust your buy price up a few percent above the weekly 20 MA. Later in a bull run you need to use oversold indicators.

[mindrust]

Pro tip for free: at some point in a bull run BTC price will touch the weekly 20 MA. Use that as a low risk entry. Takes patience, just put in your buy order and adjust.

Thank you   So this would be around ~ $9K right ?

More like $8.2-8.4k right now but it will probably get closer to 9k later on if it keeps going up without a correction.



*Btw, it never touched 20 WMA when it started going up from $3.8k to $14k so it might not be as valid as BitcoinNewsMagazine thinks. LFC's idea is probably a better one. Buy while you still can.

Sure it did early in the last bull run. If you want to be assured of getting filled just adjust your buy price up a few percent above the weekly 20 MA. Later in a bull run you need to use oversold indicators.

Why are our lines different than each other though? Did you mean 20 WMA or 200 WMA or something else?, kinda confused. Sorry, small screen, now i see

The oracle has spoken btw, masterluc says $6k is incoming.

https://www.tradingview.com/chart/BTCUSD/ME0DngUr-Short-term-analysis-ending-diagonal/

Tldr; If it goes to $11k, this prediction becomes invalid. If not, $6k.
*If this happens I am going all-in.

[Hueristic]

@LFC I hope you don't mind I funded my silly game (and maybe some others in the future) indirectly from your pocket lol
Hey that makes you a sponsor I guess!  

Not all my friend.

Better use Wasabi so chain analysis doesn't get this info!



Hey this is the first time in my life I can remember not having a team to root for before hand!

https://www.cbssports.com/xfl/news/xfl-2020-week-1-heres-how-to-watch-all-four-games-tv-channel-kickoff-times-full-weekend-schedule/


Hey New York might actually get a winning football team.

[Majormax]

......

More like $8.2-8.4k right now but it will probably get closer to 9k later on if it keeps going up without a correction.

...

The area around 10500 presents an important hurdle. If there is going to be a correction to that MA, then it could come from there.

If 10.5 is cleared ,bigger resistance is at 13.5k. Could correct from there as well.

This is all likely to take some time, as 10.5 has not even been tested on this move.

[BitcoinNewsMagazine]

I don't get why people still follow someone like masterluc who is not willing to post his analysis here for constructive criticism. The shine has worn off that particular penny IMO. That being said I expect any correction to stop at the weekly 20 MA. Let's see who is correct. Do I get a hat if I win?

[Olegya199]

Hello, brothers WO !
The day has come when Bitcoin costs 10 thousand again and here I am with you guys again.

[Bitcoinaire]

 


https://twitter.com/_sats/status/1226460536499388418

[LFC_Bitcoin]

masterluc, LOL.

Even a broken clock is right twice a day I guess.

That guy slings shit at a wall & some of it sticks but not much. He hasn’t got any good rep in this community any more. So bored of his ramblings.

[mindrust]

Don't get mad at Luc.

He doesn't say it is going go to $6k without any conditions.

He says it will happen if it stays under $11k which is a pretty valid guess imo. I'll buy more tomorrow to help to invalidate this TA. If you want the same thing, you should too.

This thing won't go to $100k by itself, somebody has to buy it from $10k and $20k... $60k... and all the way up to $100k. Believe it or not, Some will even buy it at $100k.

*btw I was looking at the exact same resistance line in the last few days as him.

It is possible that I didn't draw this lines correctly but it looks like it is breaking free:

That's why I said this.

[Wekkel]

Exactly. Some people need to chill out during the ride towards $100k.

[serveria.com]

masterluc, LOL.

Even a broken clock is right twice a day I guess.

That guy slings shit at a wall & some of it sticks but not much. He hasn’t got any good rep in this community any more. So bored of his ramblings.

Yeah he lost all of his reputation and credibility by failing to predict some massive events like the 2018 bear market for example. He has also admitted he sold all of his BTC already (at $600 like Roach did?) Due to that he lost most of his fans and switched to some vague general long-term predictions. What a clown. 

[serveria.com]

Don't get mad at Luc.

He doesn't say it is going go to $6k without any conditions.

He says it will happen if it stays under $11k which is a pretty valid guess imo. I'll buy more tomorrow to help to invalidate this TA. If you want the same thing, you should too.

This thing won't go to $100k by itself, somebody has to buy it from $10k and $20k... $60k... and all the way up to $100k. Believe it or not, Some will even buy it at $100k.

This time BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up. 

[serveria.com]

Enky deserves much more respect IMHO as he predicted the bear and liquidated at ~$12k. Not sure if he rebought lower but at least he predicted the direction correctly...   

[mindrust]

This time BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up. 

I wasn't wrong, you are the mirror image of gembitz.

 

$500k Weeeeeeeeeeeee

I hope you are right but probably not.

[soxxx]

Don't get mad at Luc.

He doesn't say it is going go to $6k without any conditions.

He says it will happen if it stays under $11k which is a pretty valid guess imo. I'll buy more tomorrow to help to invalidate this TA. If you want the same thing, you should too.

This thing won't go to $100k by itself, somebody has to buy it from $10k and $20k... $60k... and all the way up to $100k. Believe it or not, Some will even buy it at $100k.

This time BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up. 

When it hits $100k the fomo will be real. I definately agree that we can see it run up to anywhere between $200k-$400k, and this will all go down within a month or so after hitting $100k

[LFC_Bitcoin]

Don't get mad at Luc.

He doesn't say it is going go to $6k without any conditions.

He says it will happen if it stays under $11k which is a pretty valid guess imo. I'll buy more tomorrow to help to invalidate this TA. If you want the same thing, you should too.

This thing won't go to $100k by itself, somebody has to buy it from $10k and $20k... $60k... and all the way up to $100k. Believe it or not, Some will even buy it at $100k.

This time BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up. 

Bruh, I think 350-450k might be a bit ambitious for this cycle. That kind of price will come in 2025 or something a year after the 2024 halving.

Just my opinion but obviously would love you to be right.

[OutOfMemory]

"A new audio recording from Wuhan (received through encrypted channel, voices are disguised), claiming they’ve cremated 127 bodies just yesterday along. This is 30x official data. Need your help with translation. #coronavirus"

https://twitter.com/howroute/status/1226247756425170944

More translation is provided in the comments. Someone impersonated a central Chinese Government official and questioned a funeral home operator for details about their operation. Funeral home employee fell for the trick and spilled the beans. Brilliant. Bitcoin moon, RIP CCP.

edit: Here is a shorter clip of the video with translation.

https://twitter.com/htommy998/status/1226210668400930816

"- 11 burner 50 minutes/body
- two shifts each staff sleep 2-3h/day
- Gov requires body pick-up within 1.5 hours after death
- Estimate: this midsize crematorium cremates about 176 bodies/day. Hankou is larger."


"There are 6 crematoriums in Wuhan. Let’s use average 176 coronavirus death/day/crematorium.

176*6 =1056

Assume deaths in Wuhan counts 90% of total China’s coronavirus death/day

1056/90%= 1173

Assume it started a month

Total death =1173*30 = 35200"

Not quite correct, considering that roughly 200 people are dying in wuhan on a daily basis, i mean normal deaths.
Now this also adds the possibility that some more "normally" deceased people are yet to be discovered because of the lockdown, but this should also have minor influence.