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

[serveria.com]

Don't want to ruin the party here but I see the 10k top as yet another Bart move. Sorry Wobservers, I will not consider anything bull until 16k.
If I am proven wrong, I will be happy too.  

What party? I don't see any rockets, trains or questionable green objects.  

We're waiting for 10500 here.

Somebody told us it's a magic number for some reason.

Not sure about others but I'm waiting for at least $50k. That would be big. $10.5k, $12k or $16k somebody mentioned here are non-events. I'd agree that a new ATH would be a substantial milestone but still not enough to make me sell ... 

[serveria.com]

Don't want to ruin the party here but I see the 10k top as yet another Bart move. Sorry Wobservers, I will not consider anything bull until 16k.
If I am proven wrong, I will be happy too.  

So up from 3k to 10k is not bull enough for you? 

[fillippone]

https://twitter.com/_connerbrown_/status/1267311826003525633

This past week miners have sold 673 more bitcoin than were generated. We are seeing capitulation from inefficient miners, but prices are holding steady.

What do you think happens when these miners are finally shaken out?

How does he obtain that data? I am skeptical.

I think this is the soure of the graph:
https://terminal.bytetree.com/bitcoin

Just click on the on-chain tab.

I am skeptical too on this indicator.
Once the coinbase is mined can sit there and the miner can sell very old coinbase, or on the contrary the coibae can be moved immediately to pool's participant.
BOth this facts can dramatically change the result of the indicator.

I don't know: It would be intresting to figure out how much is the flow of money from miners (or rather pools) to exchanges. this is actual selling to pay for running expenses (hardware, electricity bils etc.).

[alevlaslo]

[Globb0]

Back in the channel  

Im baaaaaack!

Im baaaack in the channel again!

Snake strikes at flagpole

[Paashaas]

What a surprise, stock markets rally on riot optimism.

[Wekkel]

What a surprise, stock markets rally on riot optimism.

More stimulus. The only thing that matters in the markets today.

[somac.]

What a surprise, stock markets rally on riot optimism.

More stimulus. The only thing that matters in the markets today.

Yep. The war between capital and labor continues, history says "always bet on capital".

[Wekkel]

I'd rather say, the war between the ruling elite and the rest. And the rest is being divided between themselves very easily (again).

There is no:

• black vs white
• capital vs labour
• rich vs poor
• left vs right
• young vs old
• x vs y

The most frustrating part is that sufficient power could be taken away from suppressors just by opting out.

The non-violent act of buying Bitcoin.

[Bossian]

So if I see well, the top line considers the wigs of the candle, while the line just below considers the body of the candles. I thought the latter was more relevant (wigs are not really meaningful) when looking at long term trend. And now that we noticed there is a CME gap at 11.9k, it wouldn't surprise me if Bitcoin price peaks around 12k for 2020 and goes bearish again to finish the current cycle. Not the scenario I see as the most likely but possible. Most likely IMO is getting rejected at 10.5k just like in October 2019 and February 2020.
Exciting times regardless 

[serveria.com]

So if I see well, the top line considers the wigs of the candle, while the line just below considers the body of the candles. I thought the latter was more relevant (wigs are not really meaningful) when looking at long term trend. And now that we noticed there is a CME gap at 11.9k, it wouldn't surprise me if Bitcoin price peaks around 12k for 2020 and goes bearish again to finish the current cycle. Not the scenario I see as the most likely but possible. Most likely IMO is getting rejected at 10.5k just like in October 2019 and February 2020.
Exciting times regardless 

F*ck TA. BTC is so undervalued. Everything under 5 digits is dirt cheap. It's just unbelievably cheap. $10.5 and $12k is still a bargain. From a HODler's point of view: if we haven't sold back in 2017/18 why should we sell now? And one more thing: if you take the coronadump out of that graph what do you see? I see the ATH now! 

[nutildah]

I'd rather say, the war between the ruling elite and the rest. And the rest is being divided between themselves very easily (again).

There is no:

• black vs white
• capital vs labour
• rich vs poor
• left vs rigth
• young vs old
• x vs y

The most frustrating part is that sufficient power could be taken away from suppressors just be opting out.

The non-violent act of buying Bitcoin.

In general I agree with this stance, especially the left vs right aspect, but most of the people involved in the struggle don't have spare money to buy bitcoin. Maybe they had $1200 for a few fleeting moments, but it was probably used to pay off mortgage, rent, credit cards or bills, etc.

Today seemed like Trump vs. the world, more or less. Punching an Australian camera man to move out of the way so Trump can take a photo op... doesn't send a very good message to anyone.

https://twitter.com/Giacinta53/status/1267755712236716032

[LFC_Bitcoin]

Not sure about others but I'm waiting for at least $50k. That would be big. $10.5k, $12k or $16k somebody mentioned here are non-events. I'd agree that a new ATH would be a substantial milestone but still not enough to make me sell ... 

I ain't selling shit until at least $40,000+

I’ve been buying & HODLING for over 6 years, I’m impatient but  I will wait. I’m not going to sell myself short.
I think $100,000 is a real possibility by the end of 2021. That’s my target to sell off maybe 50-75% & then -

[serveria.com]

Not sure about others but I'm waiting for at least $50k. That would be big. $10.5k, $12k or $16k somebody mentioned here are non-events. I'd agree that a new ATH would be a substantial milestone but still not enough to make me sell ... 

I ain't selling shit until at least $40,000+

I’ve been buying & HODLING for over 6 years, I’m impatient but  I will wait. I’m not going to sell myself short.
I think $100,000 is a real possibility by the end of 2021. That’s my target to sell off maybe 50-75% & then -

Same here. But I'm also planning to buy as much as possible back during the 2022-2024 bear 

[LFC_Bitcoin]

Not sure about others but I'm waiting for at least $50k. That would be big. $10.5k, $12k or $16k somebody mentioned here are non-events. I'd agree that a new ATH would be a substantial milestone but still not enough to make me sell ... 

I ain't selling shit until at least $40,000+

I’ve been buying & HODLING for over 6 years, I’m impatient but  I will wait. I’m not going to sell myself short.
I think $100,000 is a real possibility by the end of 2021. That’s my target to sell off maybe 50-75% & then -

Same here. But I'm also planning to buy as much as possible back during the 2022-2024 bear 

Definitely man, I’ll leave a good amount of fiat on an exchange & try to buy back as many as possible at discounted rates.

I need to take life changing money out this time though. No more working for us

[vapourminer]

doesn't matter

the people are now officially the enemy

yeah, wish id kept the backhoe. just keep digging and maybe escape this madness.

[vapourminer]

You better shut up.. otherwise your buddy, The Donald, is going to shut off your internet.  Then we will find out how much of a comedian you are.  

no internet would bug an AI. but for us humans, not so much.

[machasm]

Not sure about others but I'm waiting for at least $50k. That would be big. $10.5k, $12k or $16k somebody mentioned here are non-events. I'd agree that a new ATH would be a substantial milestone but still not enough to make me sell ... 

I ain't selling shit until at least $40,000+

I’ve been buying & HODLING for over 6 years, I’m impatient but  I will wait. I’m not going to sell myself short.
I think $100,000 is a real possibility by the end of 2021. That’s my target to sell off maybe 50-75% & then -

Same here. But I'm also planning to buy as much as possible back during the 2022-2024 bear 

Definitely man, I’ll leave a good amount of fiat on an exchange & try to buy back as many as possible at discounted rates.

I need to take life changing money out this time though. No more working for us

I am with you on this one LFC.
I have already moved 10% of my precious to an exchange and setup staggered sell orders ranging from £45000 to £60000.
I know it's way too early but we know how bitcoin goes when she starts hauling ass.

[rdbase]

Fake dump. Next week->10K!

Got this amazing feeling that where going back to the 10k areas in not to long of a time period....
I do love this feeling...
Maximum NON-investment #dyor

The next few days are critical   It will show whether we are building a floor of a bull ladder before the next climb above 10K, or the decline will continue until some solid support is found. These dead cat bounces were typical for the last 2 years. But the odds are now in favour of the bulls IMO. I mean both the halving and the big volume of bitcoins withdrawn from exchanges since March 12th are good premises for the price to increase.

I may not be MasterLuc, but this aged pretty well. Sorry for all those dumpsters that sold way below 9K. And of course, the poor mindrust. I hope he is not having a heart attack or something.   #stronghands #stronghats

Who is masterluc............................. there are no guru’s in btc nor lines to follow or whatever and indeed this aged very well  

Kill your ma'sters is the new slogan during these riots.
https://www.eminem.pro/en/killer-mike-to-protestors.html

Don't want to ruin the party here but I see the 10k top as yet another Bart move. Sorry Wobservers, I will not consider anything bull until 16k.
If I am proven wrong, I will be happy too.  

What party? I don't see any rockets, trains or questionable green objects.  

We're waiting for 10500 here.

Somebody told us it's a magic number for some reason.

$10,100 hasnt budged for a whole 12 hours.
This is our new bottom.

I'd rather say, the war between the ruling elite and the rest. And the rest is being divided between themselves very easily (again).
There is no:

• black vs white
• capital vs labour
• rich vs poor
• left vs rigth
• young vs old
• x vs y

The most frustrating part is that sufficient power could be taken away from suppressors just be opting out.
The non-violent act of buying Bitcoin.

In general I agree with this stance, especially the left vs right aspect, but most of the people involved in the struggle don't have spare money to buy bitcoin. Maybe they had $1200 for a few fleeting moments, but it was probably used to pay off mortgage, rent, credit cards or bills, etc.

Today seemed like Trump vs. the world, more or less. Punching an Australian camera man to move out of the way so Trump can take a photo op... doesn't send a very good message to anyone.

https://twitter.com/Giacinta53/status/1267755712236716032

Australian tv crews seem to have it rough during this. Some guy got a gas grenade in the face. A place where just stepping outside is dangerous(snakes, dingos and humongous) I would of thought this be a walk in the park for them.

https://www.youtube.com/watch?v=-Wz69m4hKsw
It did look like a warzone a couple of days ago as this video shows when 30 police officers are confronted by over 500 rioters.

[Leviathan.007]

BTC/USDT-240


Last night despite the downfall patterns in the market (H&S) and negative divergence on RSI oscillator on 1H and 4H time frames. Bitcoin's price successfully reached the price above 10,000 usd. According to the picture shown above, the resistance area it is completely clear and the support arean can be in the range of 9300-9500. If the price stabilizes above 10,000 usd. The trend will be ascending to 11200. Also, as you can see in the RSI, the price entered the overbought area.