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

[Cryptotourist]

Are you ready, Bitcoin bears?

But but ... the game has upped, they need bigger equipment now, industrial grade.

[Lambie Slayer]

Are you ready, Bitcoin bears?

But but ... the game has upped, they need bigger equipment now, industrial grade.

Wow Bears, not looking good for you.... you would think the soda can would have taught them a lesson. 

[600watt]

this is to all the PayPal news naysayers. Pantera Capital claims that PayPal is forced to buy btc 1:1 as customers push the "buy" button.

Ok, then all good! If that's confirmed by math and science, and Pantera Capital, we shouldn't worry anymore.

I really don't see how can it NOT be 1:1. Are you implying that PayPal taking the exposure themselves and covering the other side of the trade when gramma buys paper BTC through paypal? What would be the purpose of that, risk their $225B market cap when BTC swings up and gramma wants to take profit?

Pretty sure that's Rule#1 of any financial institution, don't bet with your own money. When they're not party to a trade they make money on volume regardless of the price.

paypal has no choice. they are operating under a New York State bitlicense legal framework. they are obligated to keep 1:1 BY LAW.

[El duderino_]

https://twitter.com/maxharrysong/status/1330792131825430530?s=21

[El duderino_]

https://twitter.com/bitcoin/status/1330774810977214464?s=21

[UnDerDoG81]

CCMF happy Monday pump everybody. Today 19k will be broken!

[Cryptotourist]

Conspiracy of the day. Hidden messages on tradingview:



We might go sideways for a few days, but honestly, who cares? Just look at that beast!

Oh proudhon, wakey wakey!

[Wekkel]

Conspiracy of the day. Hidden messages on tradingview:

https://i.imgur.com/iieRhpQ.png

We might go sideways for a few days, but honestly, who cares? Just look at that beast!

What is this ‘Hash Ribbons’ indicator? Seems like black magic 

I am thinking about this bull run and the fact that it is the umpteenth time that we are experiencing it.

Would this be the time that no one bothers to sell anymore (except for a few traders) because they know by know that selling = losing the game?

It that’s right, I don’t see serious selling before $50k

Bitcoin never ceases to surprise so let’s see what happens next.

[Bitcoin577]

CCMF happy Monday pump everybody. Today 19k will be broken!

If its going to happen then surely I am going to enjoy because right now I fix this figure for my first sell.

[itod]

Conspiracy of the day. Hidden messages on tradingview:

https://i.imgur.com/iieRhpQ.png

We might go sideways for a few days, but honestly, who cares? Just look at that beast!

What is this ‘Hash Ribbons’ indicator? Seems like black magic 

+1 for the question. Any historical data it is really successful?

[vapourminer]

I am thinking about this bull run and the fact that it is the umpteenth time that we are experiencing it.

Would this be the time that no one bothers to sell anymore (except for a few traders) because they know by know that selling = losing the game?

It that’s right, I don’t see serious selling before $50k

Bitcoin never ceases to surprise so let’s see what happens next.

yeah traders gonna trade but thats more fluff really. so it seems to me at least, when compared to the number of true hodlers

peeps who hodled through 20k with all or part of their stash likely dont care about the price till truly bigly numbers, simply because they dont need the fiat/whatever, or are the hardcore long term players.

but im sure there are many, like myself, that enjoy slicing a bit off the top here and there on the way up.

[Phil_S]

Indicators? Where we're going, we don't need indicators.

[Wekkel]

https://stanislavkozlovski.medium.com/bitcoin-is-the-move-5fd5c6cfbe0c

Probably posted before but an interesting read. All adds up to the straight-to-$100k story 

[AlcoHoDL]

https://stanislavkozlovski.medium.com/bitcoin-is-the-move-5fd5c6cfbe0c

Probably posted before but an interesting read. All adds up to the straight-to-$100k story  

It feels so good when I see this number...

I bought my first BTC around $200.

I felt really good when it reached $1000.

I felt ecstatic when it reached $10k.

I can't even begin to imagine how I will feel when it reaches $100k! This will be the "goal achieved" milestone for me. I will aim to always maintain at least 50% of my coins. Depending on the situation then, my intention is to only sell BTC whenever I need "conventional cash" for something. This will probably result in actually spending very few of my coins, as my living expenses are not too high. For me, a very important element of owning Bitcoin is the psychological factor. Just knowing I've attained "fuck you" rich status is enough. Lambos, hookers and blow may follow, but they are not my aim.

Onwards & upwards.

HoDL strong, brothers & sister.

[WastedLTC]

imagine someone put up hundreds of millions of bitcoin ATM's at once. (they are in the tens of thousands currently) and that is what PayPal sort of did: adding 300 mio virtual btc ATM's with one stroke.

The other important note, if someone installed 300 million ATMs people could immediately sell.   Not the case with PP.   First everyone has to purchase so it is very one sided at the moment (ATM lol)

[Joe-Bloggs]

If we break through the 20k barrier, where is the next resistance point in peoples opinions on here?
I sold everything I could most of my silver and all my gold eagles and both my bikes. I purchased at aeound 4k 6k 8k. I'm hugely up. I have this new target of eventually holding 10btc. I want to jump out before we get a big retrace and stock up at the bottom of the dip. Like all members I expect. So do you think 30k or 50k the peak before a big retrace this time?
I realize it is only speculation, still interested to hear the opinions of people here.
I'm learning some chart reading and this momentum trading book I have seems interesting. I have been informed that following technical analysis can be used by whales to set traps for small traders.

[WastedLTC]

If we break through the 20k barrier, where is the next resistance point in peoples opinions on here?
I sold everything I could most of my silver and all my gold eagles and both my bikes. I purchased at aeound 4k 6k 8k. I'm hugely up. I have this new target of eventually holding 10btc. I want to jump out before we get a big retrace and stock up at the bottom of the dip. Like all members I expect. So do you think 30k or 50k the peak before a big retrace this time?
I realize it is only speculation, still interested to hear the opinions of people here.
I'm learning some chart reading and this momentum trading book I have seems interesting. I have been informed that following technical analysis can be used by whales to set traps for small traders.

Sell your BTC and you will buy back less..   don't try to time the market by selling BTC -- earn fiat and buy the dips.

[philipma1957]

No wonder CT.... you have such shitcoiner roots...     

Gee, thanks Jay, good thing Juan gets it.

Have you seen ETH today?


There is nothing like the smell of an incoming ATH in the morning.
Observing $18545. We had our dip, so ... go BTC, go!

Yes i have seen ETH which means more BTC for me.

[philipma1957]

If we break through the 20k barrier, where is the next resistance point in peoples opinions on here?
I sold everything I could most of my silver and all my gold eagles and both my bikes. I purchased at aeound 4k 6k 8k. I'm hugely up. I have this new target of eventually holding 10btc. I want to jump out before we get a big retrace and stock up at the bottom of the dip. Like all members I expect. So do you think 30k or 50k the peak before a big retrace this time?
I realize it is only speculation, still interested to hear the opinions of people here.
I'm learning some chart reading and this momentum trading book I have seems interesting. I have been informed that following technical analysis can be used by whales to set traps for small traders.

If you were in at 4/6/8 we are now over 18.

So if your avg was 6  you are 3x your buy in.

Some would say sell 33%  to 40% of  your coins .

This means the rest of your holdings are 100% profit and you absolutely can't lose.

Which allows for extremely strong hodl ability.

[xvacator]

If we break through the 20k barrier, where is the next resistance point in peoples opinions on here?
I sold everything I could most of my silver and all my gold eagles and both my bikes. I purchased at aeound 4k 6k 8k. I'm hugely up. I have this new target of eventually holding 10btc. I want to jump out before we get a big retrace and stock up at the bottom of the dip. Like all members I expect. So do you think 30k or 50k the peak before a big retrace this time?
I realize it is only speculation, still interested to hear the opinions of people here.
I'm learning some chart reading and this momentum trading book I have seems interesting. I have been informed that following technical analysis can be used by whales to set traps for small traders.

Sell your BTC and you will buy back less..   don't try to time the market by selling BTC -- earn fiat and buy the dips.

People become greedy when it reach $20k
They want bigger profit and still hold

If they still not learn from their mistake, they will never get the profit