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

[Heater]

I do feel threads like the WO are very important for BTC as these are places where lot of experienced people showing the way, of course for the newer or reading people they have to take action for themselves ....

We can only show where true independency, value, freedom lays but the most important thing “taking action” they have to do for themselves

On paper it's not hard:

• buy and hold for a long time. Dollar-cost averaging is a good strategy to avoid buying at the top.
• do not trade - the chances of you outperforming the market is nil.
• do not buy shitcoins
• manage your own keys and take reasonable precautions.

Unfortunately, most people need to learn these lessons the hard way.

[1679729201]

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[1679729201]

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[1679729201]

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[mindrust]

I do feel threads like the WO are very important for BTC as these are places where lot of experienced people showing the way, of course for the newer or reading people they have to take action for themselves ....

We can only show where true independency, value, freedom lays but the most important thing “taking action” they have to do for themselves

On paper it's not hard:

• buy and hold for a long time. Dollar-cost averaging is a good strategy to avoid buying at the top.
• do not trade - the chances of you outperforming the market is nil.
• do not buy shitcoins
• manage your own keys and take reasonable precautions.

Unfortunately, most people need to learn these lessons the hard way.

Like you said, this is easy only on paper.

It took me like 3-4 years till I develop my investment strategy and establish my trust in bitcoin. (from 2013 to 2017)

People who don't understand bitcoin well enough go all out when it is at its "All time Low" (ATL after ATH I mean) fearing that it is headed to "0". (pig slaughterhouse)

[Gyrsur]

new AYH is $9430.0 (Bitstamp). I expect shorting in the US session again. eventually we could fall to $9153.0 (50.0%) and $9087.6 (61.8%). switched to Bitstamp data because it seems more precise for fibonacchi analysis.


(*) Bitstamp data timeframe 4h



(*) Bitstamp data timeframe 2h


since we have professional BTCitcoin Futures and Options markets established development of new highs needs more time is my guess.

[JSRAW]

new AYH is $9430.0 (Bitstamp).

2 more days to go and then it can turn out to be a best price in January after 7 years


Bitcoin Eyes Best January Close in 7 Years After 30% Price Increase

[P_Shep]

BUT...

Will it Bart?

[El duderino_]

BUT...

Will it Bart?

Come on you’re my boat companion bro, don’t jinx the previous.....

[El duderino_]

I do feel threads like the WO are very important for BTC as these are places where lot of experienced people showing the way, of course for the newer or reading people they have to take action for themselves ....

We can only show where true independency, value, freedom lays but the most important thing “taking action” they have to do for themselves

On paper it's not hard:

• buy and hold for a long time. Dollar-cost averaging is a good strategy to avoid buying at the top.
• do not trade - the chances of you outperforming the market is nil.
• do not buy shitcoins
• manage your own keys and take reasonable precautions.

Unfortunately, most people need to learn these lessons the hard way.

Indeed, the only basic people need to know and especially the ones that are new to the market thinking of making a buck.... damn they are so exposed in this wild Wild West, just some fresh meat to been eaten

The greed gets to probably more as 90% of the people?? Or am I aiming to low in %’s ?

[LUCKMCFLY]

Maybe a break is not confirmed by reaching 9.4k..

BREAKOUT CONFIRMED!!

The downward Channel is Officially Pulverized! 🔥💥🔥

The downward Channel is Officially Pulverized!  At this point, the breakout is clear. The 200 DMA is in the dust. Get your rockets & lambos ready bois, we goin to da moon. 🚀🏎️🌛

Twitter: https://twitter.com/MatiGreenspan/status/1222312079761133568

Bitcoin would need to hold its January gains even if an easing global market sentiment boost risk-on sentiments. That could confirm that traders are bullish on to the cryptocurrency for broader timeframes – and that the current pump is not a fakeout.

Source: https://www.newsbtc.com/2020/01/29/bitcoin-hits-9-4k-but-a-bullish-breakout-is-still-not-confirmed/

[xhomerx10]

 Dear Last of the V8s,

 I've been trying to get xhomerx to sell our coin since $1000 to no avail but it suddenly became much easier.
Thanks so much for the idea! It worked like a charm.

 best wishes
 xhomerx10's widow

[Dabs]

People who have been around longer should have been or should be loaded, but many unfortunate instances happened. Now, if you were around long enough, you know better and if you have any other source of income, then you should be on your way to preparing for a brighter future. Or at the very least, whatever it is they or you are doing should produce more income than you spend on your expenses.

Not everyone learns, or they learn but can't do much about it at the moment.

You'd think someone who "earned" almost all his coins, (and alts) in these forums would be loaded, but it's those people who bought them (or mined them) and HODL who have anything today, because they didn't need to cash it out, spend it or do anything with it.

They're the ones who would be ok even if bitcoin never existed, because they'd most probably be invested in something else that produces great returns compounded over long periods of time.

[Last of the V8s]

https://youtu.be/nJeddv1QbeQ The Run of the Golden Bull

[fillippone]

Dear Wo'ers.
I stumbled on a very intresting thread on Twitter.
My italian friend Giacomo Zucco was triggered, so I decided to share:

[PAXOS+COINJOIN]Your privacy is a threat to exchange business?#deletepaxos

TL,DR: Exchange punishing users because they do CoinJoin Rounds AFTER they withdraw their funds.

Basically you have to be really careful: everyone want to put their greasy hands on your precious coins.

[anonymous3x]

Are the bulls coming?

[VB1001]

Good morning, good day to change the rank.

Bye Sr. Member / Hi, Hero Member 

WO #nohomo

Many congratulations VB1001; richly deserved and well earned.

Ja, ja, nice picture, thanks V8

[BitcoinGirl.Club]

Good afternoon WO!
Observing over $9k

And I am seriously legging behind all these pages:



Where is JS? 😉

[vapourminer]

You'd think someone who "earned" almost all his coins, (and alts) in these forums would be loaded, but it's those people who bought them (or mined them) and HODL who have anything today, because they didn't need to cash it out, spend it or do anything with it.

They're the ones who would be ok even if bitcoin never existed, because they'd most probably be invested in something else that produces great returns compounded over long periods of time.

yes, not having your financial future at risk (as in OK in the fiat space) if btc craters makes it a lot easier to hodl through those prolonged bear periods and panic scenarios.

something else to consider is cashing in an amount that could hold you through some period of time like say 2 or 3 years. in those kind of timeframes there is a much better chance of catching a decent high to cash out some of whats left or some of whatever youve stacked since. it allows one (in theory) to just coast through bear markets. of course with this strategy you may leave a lot of (potential) profit on the table, but peace of mind is a nice thing to have.

[BitcoinGirl.Club]

Are the bulls coming?

Don't get much excited. Let us have $10k first 😀

[Gyrsur]

Are the bulls coming?

https://i.hizliresim.com/5NPBjA.jpg

this level currently does have some impact on the way above because it's the 38.2% retracement from the ATH at $19666 (100.0%) down to 2018 AYL at $3122.3 (0.0%). it's the biggest picture if you zoom out and should have also the most importance.


(*) Bitstamp data timeframe 1w

[BitcoinGirl.Club]

this level currently does have some impact on the way above because it's the 38.2% retracement from the ATH at $19666 (100%) down to 2018 AYL at $3122.3 (0%). it's the biggest picture if you zoom out and should have also the most importance.


(*) Bitstamp data timeframe 1w

As you all know, I know shit about TA. Is it good for us?

[Gyrsur]

this level currently does have some impact on the way above because it's the 38.2% retracement from the ATH at $19666 (100%) down to 2018 AYL at $3122.3 (0%). it's the biggest picture if you zoom out and should have also the most importance.

https://i.imgur.com/uSIqyf2.png
(*) Bitstamp data timeframe 1w

As you all know, I know shit about TA. Is it good for us?

what I try to say is that it needs a lot more power to get through this level and then it will become a support afterwards hopefully.

EDIT: it is a big barrier on the way above just as the 50.0%, the 61.8% and the 78.6% level.

Fibonacci and the Golden Ratio