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

[LFC_Bitcoin]

BTC.D 1D

I see many people talking about alternative coins and bitcoin dominance. So, here I'm going to provide you my BTC.D analyze. As you can see on the picture above, I expect this kind of movement in mid-term time frame. First price retracement until 64 percent and then increase until 67 percent. (Here I also expect decrease the price of bitcoin.) and then, decrease dominance of bitcoin until 62, which will change altcoin markets a lot. As I said before, We are currently in the first wave of decline until 64. In this situation, we are expecting the growth of altcoin prices, then hard decrease and then increase the prices again.

My next analyze regarding to bitcoin dominance is ready and uploaded on my thread. Will be waiting to see your comments.

Nobody here gives a fuck about Shitcoin Diamond. Wrong thread for this nonsense, bro.

[Paashaas]

Zap’s Strike Moves To Public Beta.

Strike is an application that allows you to transact with Lightning payments with just a debit card or bank account. But, here’s the secret sauce:  instead of having to buy bitcoin to load up your Lightning channels, users on Strike never touch BTC. According to Mallers, “This is important as Strike users are not exposed to any volatility, tax consequences, custody challenges, node management, channel management, etc. When a user makes a Lightning payment with Strike, their balance is debited. When a user receives a payment into Strike, their balance is credited.”

In other words, you pay in fiat, but use Lightning. If you want to convert fiat into bitcoin, then create a Lightning invoice and pay yourself through Strike.

Here’s my favorite part:  to use Strike, all you’ll need is your name and a phone number.
----
Mallers continues, “The user can custody fiat currency with us, but it is FDIC insured through our banking partner, so there is never a risk to having any customer funds lost. Yes, the set of nodes performing Lightning functionality are hosted and maintained by us, but we don’t ever host or maintain any keys or BTC on behalf of our users. If the BTC is hacked, I’m fucked, nobody else. That’s the way it should be.”

[Leviathan.007]

Nobody here gives a fuck about Shitcoin Diamond. Wrong thread for this nonsense, bro.

Agreed about the shitcoin thingy bud! I'm not a fan of trading these coins myself. However bitcoin dominance is not only used for altcoins. It's just a part of bitcoin analyze. However, yes, this 'can' be used for altcoins.
I mainly analyze and trade bitcoin as you know mate, and will provide new bitcoin price analyze soon on my thread.

[Elwar]

Zap’s Strike Moves To Public Beta.

Strike is an application that allows you to transact with Lightning payments with just a debit card or bank account. But, here’s the secret sauce:  instead of having to buy bitcoin to load up your Lightning channels, users on Strike never touch BTC. According to Mallers, “This is important as Strike users are not exposed to any volatility, tax consequences, custody challenges, node management, channel management, etc. When a user makes a Lightning payment with Strike, their balance is debited. When a user receives a payment into Strike, their balance is credited.”

In other words, you pay in fiat, but use Lightning. If you want to convert fiat into bitcoin, then create a Lightning invoice and pay yourself through Strike.

Here’s my favorite part:  to use Strike, all you’ll need is your name and a phone number.
----
Mallers continues, “The user can custody fiat currency with us, but it is FDIC insured through our banking partner, so there is never a risk to having any customer funds lost. Yes, the set of nodes performing Lightning functionality are hosted and maintained by us, but we don’t ever host or maintain any keys or BTC on behalf of our users. If the BTC is hacked, I’m fucked, nobody else. That’s the way it should be.”

Interesting. My needs are the opposite (need to be able to spend my BTC) but this is a good way for people to onboard to LN with ease. Maybe their debit card could allow for that.

I tried to link my bank account but it did not accept my credentials. Hopefully it is not farming my bank login/password. Not that I put much in the bank.

[Leviathan.007]

BTC/USDT 4H


As you can see on the chart shown above, we are currently on a downtrend channel (green channel). Static support and resistance levels based on half of the ATR value are clear on the chart with green rectangles. After breaking of the uptrend blue channel today and rejection the channel floor, next support level can be 8800 and after that we can see the price at downtrend green channel floor, we do have also the second static support area here. After touching of the support area, we expect to see the price attempting to reach the channel ceiling at 9450-9500 once again.

As I promised to my bud @LFC_Bitcoin, my next bitcoin price analyze is ready on my thread. Thank you for your attention to my analyze.
I used my personal analyze style here where I use ATR to calculate the support and resistance ranges.

[Xian01]

Interesting. My needs are the opposite (need to be able to spend my BTC) but this is a good way for people to onboard to LN with ease. Maybe their debit card could allow for that.

The Lightning Network has been a huge disappointment for me. Largely for technical reasons. Spent about a year back when it launched, running a top node, and it's a complete administrative nightmare handling channel balancing. It's ultimately what made me see it as the current critical flaw in The Lightning Network, and withdraw my funding and resources.

I have not been impressed with the loop in/out options that have been presented as solutions so far.

Liquid does not interest me at all, either. Gives me bad Ethereum vibes in a peculiar way.

[Febo]

Q2 of 2020 will go to history as a very good quarter. In few years time everyone will forget that we had a covid-19 crash at end of March. They will just see a 42% increase.

[rdbase]

On today's WO brief interruption on the price:
Youtubers - The real face
https://www.youtube.com/watch?v=pE6MBLjT-Hs

Back to our regularly scheduled watching..
9-1-1 is a joke!

https://www.youtube.com/watch?v=CPNK0VspQ0M

[soullyG]

Bouncy bouncy

[vapourminer]

Q2 of 2020 will go to history as a very good quarter. In few years time everyone will forget that we had a covid-19 crash at end of March. They will just see a 42% increase.

i dunno.. 42% either way in a quarter seems kinda meh now tbh

[cAPSLOCK]

Silly hopium?

[rdbase]

"Hopium is like gettin' cut by a gigachad!"
https://www.youtube.com/watch?v=WxWKz_TVfMs


9-1-1


If you don't know what a gigachad is then there is this
https://www.youtube.com/watch?v=goNZ-q2s-pw
&
https://www.youtube.com/watch?v=fvg3R1KDnn8

[rdbase]

Bitches gettin' dicked down by a gigachad.

Must be all that defi B.S on their chan
cause 9-1-1 is a joke.. still.

What the f**k happened today? It looks like a limp dick on the Bitstamp graph.

[jojo69]

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[Hueristic]

               .

SHIT man, was just gonna post where the fuk are you!

I don't remember you putting in for vacation time.


Added:
I mean I was just gonna finish checking all the posts for the day and then I finished and then you literally posted at the exact time I was going to post. Weird shit man!

[sirazimuth]

If you don't know what a gigachad is then there is this
https://www.youtube.com/watch?v=goNZ-q2s-pw
&
https://www.youtube.com/watch?v=fvg3R1KDnn8

So I had to search "gigachad band' (because you know some clown rocker wannabes must have grabbed that name)
and for whatever reason the google threw this at me.
Good lord! Is hair metal a thing thing again? I'm outta that loop.
Gotta love that cool black and white effect to give it that..ummm...oh idk how to describe it, but it's probably one whole mouse click...
Its like they watched Spinal Tap and took it seriously.

Oh there you are jojo, I was beginning to worry....
(very informative post btw, ty)

[rdbase]

^^
Nope, thats not a gigachad or even a band.
This is:
https://knowyourmeme.com/memes/gigachad

They can clone themselves.

Hey JoJo is back! Let's dance!
https://www.youtube.com/watch?v=81Oobq3rxjw

[sirazimuth]

You know you are a wo bro when you get 3 merits for











                                                                                        
                                                          
    

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[xhomerx10]

You know you are a wo bro when you get 3 merits for











                                                                                        
                                                          
    

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 It's not very often we get to see the Tralfamadorian language used in the forum.  Translated roughly into English, it means "Greetings".  So it goes.

[Negotiation]

Hello guys  
Observing price $9093.82 United States Dollar
what you see next $10500 soon?  😉

Here is a simple and quick analysis for BTC on weekly charts, which is forming a bullish accumulation pattern on the long-term Resistance line.
The decreased volume means that future volatility is coming.

Bitcoin is doing much better in the world of bad news. Bitcoin is not comparable to other currencies. Bitcoin has maintained its position despite the decline in the position of other currencies. Bitcoin can go up to $10500 later.

Source: https://www.tradingview.com/chart/BTCUSDT/vMrHyU2b-BTC-USDT-bullish-view/