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

[UnDerDoG81]

2k soon theories coming up asap after a needed correction 

[Wekkel]

Everybody is guessing but I guess this will take a few days to settle and has a probability of being a local top for now.

Come back in 2 weeks for new attempt at ATH.

Meanwhile => accumulate more.

[nullius]

Nulli..I am sure you have thought about this..but we are just a bunch of dumb hicks around here for the most part. you come in with a scalpel when [...]

All too oft have I been accused of wielding a chainsaw, when a scalpel would suffice.  This is new:

Thank you, Mr Toxic.  But this won’t do:



The gentleman of refined tastes is being persecuted by Toxic2040’s antithesis!

...and one more thing, Mr Toxic:  Love the library.  But I keep mine encrypted.

If memory serves, there are a few other Easter eggs alike to the foregoing—never mind.
Mood Musik for my friends to enjoy whilst reading my posts:  Free download of a public domain project!

Hotlinks to MP3s for all tracks (now playing):  Aria; Variation 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27–28, 29, 30; Aria da Capo è Fine.

24-bit FLAC is also available; see the above archive.org link for that, or for the handy in-browser Javascript musik player.

Blame this for my attempts to introduce culture to the Wall:  (Read 225 times :-()

museums, art, libraries
tremendous success: 0 answers

0 is my name!

[nullius]

That's the spirit, f1980!!!!!!
(...) gotta get rid of some of this extra money... surely cannot take it with me, and who knows when the wished I could "take it with me" might end up playing out.

Being the richest guy in the cemetery isn't exactly my masterplan either.

True masterplan:  A long-term investment in the dynastic power of future friends.  (Jay already knows my opinion of lil Gee selfies.  )

In this game called life, it is not who dies the richest who wins:  It is whose great-great-great-grandchildren have the most power.  Wealth is neither the beginning nor the end; but as I have learned the hard way, it certainly helps.

<darwin.jpg>

’member, lads, it is he who owns the means of reproduction who wins.  Home Economics 101.  IT IS THE SECRET OF LIFE.

Alles am Weibe ist ein Räthsel, und Alles am Weibe hat Eine Lösung: sie heisst Schwangerschaft.

* nullius ist Keinen ü b e r Allem.

[serveria.com]

What is this? A dump for ants? 

[ErisDiscordia]

I'm liking this correction. It was the same last time we were revisiting the previous ATH (around 1150$) in early 2017. Upon hitting 1150 we had a decent correction to 700ish. A month later we were back at 1100$. Five more months and we were hitting 3K and we all know how the rest of 2017 went.

The longer you fuel the rocket the higher she goes 

[dragonvslinux]

Small profits taken at $18K. I'm now short-term bearish on the 4hr, looking for some tasty dip on the Daily chart, waiting for the Weekly RSI to not be so oversold...

*Picture time*

Based on the 4hr MA Ribbon, the parabolic structure has been broken. While there is support below, it forces me to call the local top at $19.5K for now:



 
 
 

The trend is your friend, until it becomes your enemy  

[Karartma1]

If it stays this low until the beginning of December I can only be happy as my DCA strategy will allow me to buy cheaper.
Always good to have strategies.
No panic

[nullius]

So, is Bitcoin dead yet?

[...] NO ONE can participate in bitcoin from all angles [...]

You said my name.

What is this? A dump for ants?  

Where are all the FOMO n00bs who were wishing to catch a dip?

Meanwhile => accumulate more.

* nullius is amused that something significantly over 10¢ $1 $10 $100 $1k $5k $10k $(where the hell are we?  I lost track awhile ago) is suddenly a “dip”.

What will the morrow bring?

The longer you fuel the rocket the higher she goes  

[OutOfMemory]

Good morning.
... is it really good? Could be better, according to BTC price charts  

Ex wife update:

The non follower has discovered the recent rise in BTC.  Called me to see how she can sell her bitcoin.  #LooseHands

So why did you tell her?



  


So $18.6k broke. Well, you lucky buyers, BTFD!
My fiat is locked, but my corn too  

What is this? A dump for ants? 

Bigger ants, tho...

I'm liking this correction. It was the same last time we were revisiting the previous ATH (around 1150$) in early 2017. Upon hitting 1150 we had a decent correction to 700ish. A month later we were back at 1100$. Five more months and we were hitting 3K and we all know how the rest of 2017 went.

The longer you fuel the rocket the higher she goes 

Yeah, i remember my debut buying at $2,4k. Panic sold the most @ around $2.2k two days later and re-bought again at $2.8k in the same week   

[ivomm]

Good morning WO! I see a lil weak hand shake out happened during the night. Traders must have their cut off losses, this is part of the game. I guess some of them are selling in expectation of some 2017 style correction like 30-40% from the last top. But this time it is different. The big institutional buyers are leading the charge. This never happened before in the history of Bitcoin. They are not looking for short terms profits not to mention cut losses. And indeed in the last 8 months we had only one noticeable correction of 20%. It remains to be seen if this tendency will continue. So far 10%.  

[El duderino_]

https://twitter.com/bitcoinmemehub/status/1331741230905118732?s=21

[Wekkel]

... But this time it is different. The big institutional buyers are leading the charge. ...

Institutional investors are not both (long term) accumulating HODLers and Traders. So take your pick.

There is no reason why traders could move price down 20-30% in a classic 'good' dip.

[P_Shep]

Well this is very ungentlemanly.

[nutildah]

Very unbecoming of gentlemen.

[HairyMaclairy]

Come back in January my colleagues

My magic wand says we bottom around $13 -15k but it may take a couple of weeks to fall that far. 

[nullius]

A gentleman breaks bread with his enemies.

[Wekkel]

Come back in January my colleagues

My magic wand says we bottom around $13 -15k but it may take a couple of weeks to fall that far. 

Seconded, although I think it will be $15k rather than $13k

[El duderino_]

Come back in January my colleagues

My magic wand says we bottom around $13 -15k but it may take a couple of weeks to fall that far. 

Seconded, although I think it will be $15k rather than $13k

Or UP soon-ish

[NeuroticFish]

Or UP soon-ish

More likely. 2017 started with 1000$-ish price while previous ATH was 1200.
Now the previous ATH is almost 20k and we have already reached 19k. I expect January start at well over 19k too, which may not give it too much time for falling.