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

[bitserve]

Guys, can we please keep the conversation on topic???


I need to know if we are currently forming a BART (Bart) and headed back down to <9100. I'm trying to short BSV right now and want to know when to put in my next order. I found a place that lets you short BSV futures at 100:1 leverage and am currently practicing. I'm studying for an entry point.

So please, let's stick to hardcore TA only out of respect for our WO forefathers, who must be turning in their dormant accounts right now.

LOL

I did that with XRP once (during 2017 IIRC). It wasn't even a 100x leveraged trade, just a regular 1x margin short. It was a bad idea.

When there is an entity that CAN easily manipulate the price (XRP, BSV, etc) you are at their mercy no matter fundamentals nor TA... at least in the short run.

That being said, if you are determined to do it, think carefully what your stop profits and stop losses should be at according to your expectations.

No idea if we are forming a BART. We could perfectly just dip a bit (still $9K+) and then rebound. Or revisit $8.6K-$8.8K and then rebound. Or...

If I really knew, I would be margin trading like a mad monkey. I am not.

[1685434495]

1685434495

[1685434495]

1685434495

[JSRAW]

^^ Everything is hiding in details.....

[bitserve]

oh

lol

[GuyFromBarcelona]

Ironically the payment is already a week late and I wound't doubt entering at 8-8.5k. I new that if there was going to be a delay, that days would go up. So will have 10% less btc thanks to the incompetence of someone. Fells much worse than being because of your own decisions.

This is how FOMO thinking works and why so many people buy at the top. You will **not** miss out. Think of it this way - at any point in time there is a 50% chance the price will go up and 50% chance it will go down. If this were not true, the market would change the price to make it true.

So just buy some BTC when the money arrives and chill out.

hth

Thanks, you made me realize I was a bit stubborn-ed, I should calm down a bit

[serveria.com]

Guys, i will receive a payment in the next days and I want to invest it in btc, but can't decide between buying at 9350 or waiting for the 10k pullback. What are your thoughts?

I think that some people will sell at 10k, specially those who bought high in the last bubble, conforming with recovering the investment. But I also think that halving expectancy and optimism is really high and will make the pullback be moderate.

Ironically the payment is already a week late and I wound't doubt entering at 8-8.5k. I new that if there was going to be a delay, that days would go up. So will have 10% less btc thanks to the incompetence of someone. Fells much worse than being because of your own decisions.

It's never too late to buy BTC. But the faster you'll do it the better. 

[vapourminer]

[REDACTED - eye protection needed]

eeeeww

So that's a no then?

i think so. or im too traumatized to remember anything. or something. maybe

[LUCKMCFLY]

Many bullish factors by some analysts ..

Bitcoin Is “Screaming” For a Massive Surge: Factors That Will Send Price Surging Past $20,000

The #Bitcoin hash rate JUST HIT a new ALL-TIME-HIGH!

A whopping 123,011,832 TH/s!!!

The $BTC fundamentals are screaming for a huge bull run leading into the halving! 🚀

BULLISH!!

Twitter: https://twitter.com/themooncarl/status/1222807314526298113

Bitcoin’s hash rate “just hit” a new all-time high at over 123 exahashes per second — an astronomically large number of hashes being computed each second to process BTC transactions.

According to Financial Survivalism:

1.- The Lucid Stop and Reversal has printed a bullish candle for the first time since July 2019, when BTC was trading well above $10,000.
2.- The Average Directional Index on a daily basis has seen the first bullish crossover since March 2019.
3.- The one-day Ichimoku Cloud has formed a bullish TK cross.

Source: https://www.newsbtc.com/2020/01/30/bitcoin-screaming-massive-surge-factors-send-price-past-20000/

[serveria.com]

I see a sea of green  trains, rockets, Hulks? Anyone?

[bitcoinPsycho]

BRACE

[jojo69]

When you are unable to say the N word...you are divided. Angry. Controlled. You blame those who are different from you, instead of those responsble. The controllers. Group think. Group thought. Free thought. E thought. N thought. N word thinking, is a philosophical viewpoint that holds that all positions regarding truth are established on the basis of logic, reason, and atheism. Instead of religion, and authority, tradition, and dogma. These negative things...are known as...J thought. ... These represent a clear and present danger to our Constitutionally guaranteed freedom to be online.

The problem is not really using the N... or not, it's how it's perceived and transferred into emotions. As long as we can't separate our emotions (well, actually we can, as grown ups, but that's just a very basic statement) from the sensual input we receive, we're bound to ethics, which are mostly dictated by societies.
Somewhere on this planet it could be a good manner to eat your first child alive, as an example of how different ethics can be. Don't follow ethics, be separated from your society. So you can indeed project that onto freedom of speech to act as an enemy to a social system. The important questions is: What do you prefer? Go with the mass of sheeps or being the lonely wolf? I'd be more wolf than sheep, i guess.

EDIT: The wolf still has its pack, following a simpler set of rules, not unimportant to add this.

Don't worry, soon a virus will burn our neurons.

Makes me think i could be "immune". Sometimes it feels there is not much left to burn 

[bitcoinPsycho]

It's just a matter of time

[LFC_Bitcoin]

Any opinions on if there will be a significant pump today or tomorrow?

Britain officially leave the EU tomorrow (politically) before a transition period until the end of 2020. I wonder if this will be reflected by loss of power in the € & people flooding to BTC to preserve their wealth?

[bitserve]

Any opinions on if there will be a significant pump today or tomorrow?

Britain officially leave the EU tomorrow (politically) before a transition period until the end of 2020. I wonder if this will be reflected by loss of power in the € & people flooding to BTC to preserve their wealth?

Why would it have a negative impact in the €?

Intuitively, finally putting an end for that shitshow looks bullish for the € to me... but most probably I am not seeing the full picture of it.

[JSRAW]

Any opinions on if there will be a significant pump today or tomorrow?

Britain officially leave the EU tomorrow (politically) before a transition period until the end of 2020. I wonder if this will be reflected by loss of power in the € & people flooding to BTC to preserve their wealth?

If i were you, then i wouldn't care much about any pump-dump in next 1-2 days or even weeks.

Let's settle down with trading, travel regulation etc first?

[VB1001]

Any opinions on if there will be a significant pump today or tomorrow?

Britain officially leave the EU tomorrow (politically) before a transition period until the end of 2020. I wonder if this will be reflected by loss of power in the € & people flooding to BTC to preserve their wealth?

Why would it have a negative impact in the €?

Intuitively, finally putting an end for that shitshow looks bullish for the € to me... but most probably I am not seeing the full picture of it.

For my part, each country with its currency would be better, the central bank eliminated, the European Parliament eliminated, we would be less poor and we would not keep so many leeches.

[LFC_Bitcoin]

Thanks for the comments guys, I was just genuinely intrigued.

[bitcoinPsycho]

Thanks for the comments guys, I was just genuinely intrigued.

I'd say $10000 by the end of the weekend

Will buy £1000 worth tomorrow to celebrate british independence

[LFC_Bitcoin]

Thanks for the comments guys, I was just genuinely intrigued.

I'd say $10000 by the end of the weekend
Will buy £1000 worth tomorrow to celebrate british independence

Nice!
I’ll be happy if that transpires.

[bitserve]

Any opinions on if there will be a significant pump today or tomorrow?

Britain officially leave the EU tomorrow (politically) before a transition period until the end of 2020. I wonder if this will be reflected by loss of power in the € & people flooding to BTC to preserve their wealth?

Why would it have a negative impact in the €?

Intuitively, finally putting an end for that shitshow looks bullish for the € to me... but most probably I am not seeing the full picture of it.

For my part, each country with its currency would be better, the central bank eliminated, the European Parliament eliminated, we would be less poor and we would not keep so many leeches.

Maybe... or maybe just the contrary.

Small individual state currencies are WAY easier to manipulate. That's why shithole countries usually even forbid the $ usage to their citizens... so that they won't flee their savings in mass from their local currency to a stronger one when they start devaluating it to zero to pay for their HUGE and UNCONTROLLED public spending.

Not that they don't do the same with $ and €... but its orders of magnitude more stable than (many/most) small currencies.

No one really knows, but I don't think we would be any less poor if we haven't exchanged Peseta for € 20 years ago. With the kind of politicians we have had in that period, it is more probable that they would have been devaluating it like crazy until everything exploded apart. Or maybe not?

[GuyFromBarcelona]

Any opinions on if there will be a significant pump today or tomorrow?

Britain officially leave the EU tomorrow (politically) before a transition period until the end of 2020. I wonder if this will be reflected by loss of power in the € & people flooding to BTC to preserve their wealth?

Why would it have a negative impact in the €?

Intuitively, finally putting an end for that shitshow looks bullish for the € to me... but most probably I am not seeing the full picture of it.

For my part, each country with its currency would be better, the central bank eliminated, the European Parliament eliminated, we would be less poor and we would not keep so many leeches.

Maybe... or maybe just the contrary.

Small individual state currencies are WAY easier to manipulate. That's why shithole countries usually even forbid the $ usage to their citizens... so that they won't flee their savings in mass from their local currency to a stronger one when they start devaluating it to zero to pay for their HUGE and UNCONTROLLED public spending.

Not that they don't do the same with $ and €... but its orders of magnitude more stable than (many/most) small currencies.

No one really knows, but I don't think we would be any less poor if we haven't exchanged Peseta for € 20 years ago. With the kind of politicians we have had in that period, it is more probable that they would have been devaluating it like crazy until everything exploded apart. Or maybe not?

The peseta-euro change fucked up our purchasing power really fucking bad. But on the other hand, the scenario of our last decade politicians having the entire control of the currency makes me shiver.
___

Do you guys think there will be any relevant pump or dump next days? I think we will probably have a few calm days and them will definitely either break 10k, little pullback and go up or break 10k and moderate pullback. But I don't see a strong pullback coming nor the price being stable at 9300 for very long.