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

[Dorodha]

bitcoin price movement like  so appreciated. Now bitcoin price: $9168

I decide not to post my opinion again but many people contacted me and they ask me
at least to post my personal opinion when is necessary.

I thank you all so much for your support on my job and i promise to post at least
one TA when i believe this is necessary.

For today, in my opinion we have a classical descending triangle .

I expect at least a retest of 8850 - 8950 area where we will see if this triangle
will break down or bull will push price again up.

CLASSIC DESCENDING TRIANGLE
70% POSSIBILITY TO BREAK DOWN
30% POSSIBILITY TO BREAKS UP.

WAVE (E) near to complete by touching and retesting 8850 - 8950.

EMA RIBBON ACT NOW AS A RESISTANCE AND BTC LOST A SERIOUS SUPPORT.

I also think that Bitcoin may be around $11000 in the next few days but it is very difficult to say the exact time. But after reviewing everything, it can be assumed that Bitcoin is preparing to do a lot in the next few days Bitcoin seems to be waiting for a golden age.

Thanks for sharing.
I agree with a higher chance of breaking down in the mid term.
However, for the very short-term. I think Bitfinex and BitMEX margin traders are now both showing bearish bias. As a result, a long scalp for the short-term is looking profitable. With heavy manipulation and trading being a zero sum game, I think trading against the general margin market bias will go a long way. What do you think of the idea below?

In the end, everyone is very skeptical about the current state of Bitcoin, there are a lot of people who suffer from a kind of indecision, who are stuck on Bitcoin and trying to achieve something good, I think they will never be disappointed, it is normal that Bitcoin's Prices will continue to fluctuate.

[Room101]

.......
everyone is very skeptical about the current state of Bitcoin, there are a lot of people who suffer from a kind of indecision, who are stuck on Bitcoin and trying to achieve something good, I think they will never be disappointed, it is normal that Bitcoin's Prices will continue to fluctuate.

I'm not skeptical. All of this has happened before and will happen again. Good chance of all time high by years end, 100% by end of 2021. 7 figures by 2030. Will crash 80% a few times in between.....sit around and do nothing for long periods of time in between....

Inevitable, Mr Anderson.

[LFC_Bitcoin]

Got to run, friends waiting for a night out...

Just want to quickly squeeze this in, because RL is crazy lately...

Just wanted to say I'm sorry to see Bob go, if he finally goes. Not every WOer has top chemistry with every other WOer, but Bob was/is a strong voice in the thread, as are many others.

If it's opsec, fair enough.

If it's BTC getting stuck @ Vegete prices, not a reason to leave IMO. It's not just BTC that matters here.

If it's the recent racial attacks, well, FUCK THEM (I'm so glad they stopped posting, let them stay out of WO for good). All the more reason to stay.

Anyway, looking fwd to the next mega-pump and I hope Bob is here to celebrate with us. I know he will be.

A meme Bob made during the 2017 pump [post link here]. Probably the best Bitcoin meme ever made:

Another cool meme (my favorite) was created by the Dude. Bob Lawblaw buying the f*cking dip! Epic! I'd be grateful if somebody could repost it here.  

One of my favourite memes was r0ach’s one of El Duderino mocking him because he was working in McDonald’s at the time. Isn’t that right Dude?

That boating accident was so sad

[aesma]

I don't understand why they're talking about a BTC twitter hack. It's a twitter hack, full stop.

Once you have achieved this, you can use it to make money. IMHO they botched it with the BTC stuff, for several reasons, including the fact that you need to be a moron to send BTC to someone under these circumstances, and morons rarely own BTC.

The only thing needed was Elon Musk's account. You build a short on Tesla, you have his account saying something like "stock value way too high", "model Y is not selling", "gigafactory is on fire", and profit from the drop.

[nutildah]

The only thing needed was Elon Musk's account. You build a short on Tesla, you have his account saying something like "stock value way too high", "model Y is not selling", "gigafactory is on fire", and profit from the drop.

Sometimes he just does it on his own accord.



The hacker(s) could have caused a lot more havoc but I guess they were just keen on making a simple getaway... or so they thought.

[Dorodha]

.......
everyone is very skeptical about the current state of Bitcoin, there are a lot of people who suffer from a kind of indecision, who are stuck on Bitcoin and trying to achieve something good, I think they will never be disappointed, it is normal that Bitcoin's Prices will continue to fluctuate.

I'm not skeptical. All of this has happened before and will happen again. Good chance of all time high by years end, 100% by end of 2021. 7 figures by 2030. Will crash 80% a few times in between.....sit around and do nothing for long periods of time in between....

Inevitable, Mr Anderson.

I also think it is wise to never get frustrated because frustration can change many aspects of a person's life. The bottom line is that since we work with Bitcoin, it's important to have confidence in Bitcoin because trust helps us make strong decisions at any moment. to the point also agreed bitcoin hoddler 100% chance by end of 2021.

[aesma]

The only thing needed was Elon Musk's account. You build a short on Tesla, you have his account saying something like "stock value way too high", "model Y is not selling", "gigafactory is on fire", and profit from the drop.

Sometimes he just does it on his own accord.

Yes that's my point. With Elon's account you're credible enough because he does say stupid shit, and that does affect Tesla's stock (for a time). You could do the opposite of what I proposed, say Tesla has millions of orders and is going to build 10 new factories on all continents, that's sure to pump the price 5 or 10%.

[JimboToronto]

Good morning Bitcoinland.

Another day, another sideways... currently $9183USD/$12470CAD (Bitcoinaverage).

Nothing to do but wait. Go Bitcoin go.

That's what I thought. Deleting hundreds of posts takes too much time to simply be the product of being "grumpy" as he called it.

It has become a disgusting matter of personal resolve.

Yes, I am genuinely that grumpy and disenfranchised with this entire place.

It's fucking cancer.

Just took me too long to see it.

Geez dude. Take a chill pill. Enjoy your Bitcoin retirement and be happy.

Yes, sometimes this place seems like Cancer. Other times it's more like the dawning of the age of Aquarius.  

Personally I thought the days of NLC were worse. This place was an absolute cesspool, especially when it degenerated into the blocksize wars with name-calling and politics. It was so bad that Adam and Ritchie both split.

Then 2017 happened with the return to 4 digits, the shitcoin forks and the autumn bubble and all was well again. CCMF became Carolina and we all had lots of fun.

Try to see past all the fertilizer and enjoy the budding flowers. Soon their fragrant bloom will drown out the stench of all that shit.

[bitebits]

No way that forth bar ends up red. The trend implies no 10x either. But 50k in 2024 does not seem too far fetched.


https://twitter.com/ChartsBtc/status/1283416696112308226

[CjMapope]

This 12.5$ long is nice for me as a miner tbh, ive been priced in for my operation for almost a year now and should be for a few more if it hodls up

Oh Bob, being a drama queen again i see
You should never let ANYONE or anything for that matter, get you so worked up
im reminded of Stoicism in a time like this, maybe you should try some
take a break, read some Burkowski or something  
and remember:  MOST of us love you
#fullhomo

I think it was around 2017ish, the forum started having more nocoiners and boot lickers.     
nowadays its full of these "scam busters" and "sig spammers", with most of the rest being "please help me earn sir" pageets
and its only gotten worse over the years

[d_eddie]

My SOMA analysis system is itching. Something is going to happen soon, price-wise. My money is on a quick leg up, not overwhelming but definite.

[vapourminer]

re: bob deleting his posts

sometimes, a scorched earth policy towards events in ones past is correct. its his derision.

take care bob

[Hueristic]

Well it finally happened!

I ran outta TP today.

I guess I should have ran out and grabbed some when the shit (HAH) hit the fan but I was remiss.

Now I'll have to stock up and arm the party to face the zombie hoards and rape and pillage my way to a good wipe after a long dump.

[LFC_Bitcoin]

My SOMA analysis system is itching. Something is going to happen soon, price-wise. My money is on a quick leg up, not overwhelming but definite.

$11,000 by September

[vapourminer]

My SOMA analysis system is itching. Something is going to happen soon, price-wise. My money is on a quick leg up, not overwhelming but definite.

$11,000 by September

prolly more like up to 15k then down to 11k by september. you all know how much fun honey badger like to have fun when it wants.

[kellrobinson]

[Toxic2040]

Good morning all


How are you this Saturday?  Real summer is finally arriving in the great PNW with temps expected to reach well into the 80s today..dang near perfect. I hope everyone continues to support and encourage your friends and family as we navigate through these difficult times. Problems will be solved or mitigated..things will get better. I truly believe this.

I am talking to you Bob. Stay safe..stay strong my friend.


----
bitcoin

#dyor

unidragon hops over low hedge
1h



stiff tail raised in morning walk, towards a twist in the path ahead
4h


long low belly crawl as mastodon trunk searches for acorn
D

#stronghands

[dragonvsandroid]

It won't take that long anymore before the grind up starts, 1 a 2 months.


https://twitter.com/BTC_JackSparrow/status/1283890007464456198

I have similar feelings, a "one last dip" scenario in the coming months before bull-run starts next year (or the end of this year).
Ironically just found out I'm getting a decent fiat inheritance from an in-law (completely out the blue), but won't be distributed until early next year  
It's nice news, but I want to be buying up 6.5-7.5K range as per usual, not some 10-14K range next year, it seems very likely the fiat will lose 20-40% of it's value by then
Solution: Currently on the hunt for an off-line low-interest loan to cover me until inheritance

There have been a couple occasions over the last several years where I have taken out credit cards with 0% interest for ~16 months. This has happened during major buying opportunities.  

Appreciate the suggestion!
You mind me asking what the max you were able to get out out of these gangster banksters?
Going to explore this option, try get a handful I think  
~DvsL

[OutOfMemory]

You should never let ANYONE or anything for that matter, get you so worked up
im reminded of Stoicism in a time like this, maybe you should try some
take a break, read some Burkowski or something  
and remember:  MOST of us love you
#fullhomo

Afaik Bob was in an unsatisfying situation for too long.
Retirement plan didn't work out (yet), Rick's job situation got worse (thanks to stupid IT managers), still stressed out by local Covid19 development.
Getting older and missing to experience progression and/or satisfaction doesn't help in stress management and the downward spiral goes on.
As somebody who knows Stoicism, you know about the importance of acceptance. The mood of ourselves is coloring reality (or what we commonly consent on to be reality). Many learned to accept when they have hit the very bottom. After learning full acceptance, Stoicism is finally reachable.
This place isn't cancer. Or - maybe it is, sort of, but it's up to someone by himself if he/she decides to fight it or to give up on it.

I had to hate life first to be finally able to love it. I guess that's just the way (and he's obviously following it, too).

I think it was around 2017ish, the forum started having more nocoiners and boot lickers.     
nowadays its full of these "scam busters" and "sig spammers", with most of the rest being "please help me earn sir" pageets
and its only gotten worse over the years

This is just noise. As in real life, we can filter it out (thanks to that handy ignore function).
Greetings from a 2017ish noob 

[Elwar]

Just remember that as things get harder for people they will tend toward seeking support from their "group" or collective. Whatever that may be, it is easy to stand strong as an individual when things are going well but when times are tough you need to feel like there are others out there providing whatever you feel you are missing.

In the US this appears to be falling into the categories of race as the groups people are choosing. Nationalism tends to be a very significant group that people will fall back on. Or people will trend toward their socioeconomic class if there is some sort of movement or prevalence of it.

Their enemies will be anyone outside of their group. The best way to solidify yourself within that group is to attack someone outside of that group, the more publicly the better, the more unlike your group the better.

It is a symptom, not a cause. It will become worse. Lines will be drawn. Groups defined more solidly. I've even noticed this with libertarian folks online that are supposed to be individualists, falling into the comfort of attacking "statists" among their libertarian peers.