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

[serveria.com]

I reckon we are heading back to 18-19K.

Note that is STILL double the price than most of last year.

A good target to buy I think (and below).

$19k is around -60% from local top. Which is hardly possible in a bull market. Possibilities are:

a) you are totally retarded
b) you are a paid shill on a mission to spread FUD and scare away noobs

 

[1714295438]

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[1714295438]

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[Dabs]

hey, it happened from 42K and at the 7th day.

I'm listening. (Or reading.) What's next?

[serveria.com]

You heard it here first. 



Source: https://twitter.com/RookieXBT

Buying this time and at this moment can be a suicide tho , but yeah no pain no gain !

Buying BTC AT ANY PRICE is profitable. It's just a matter of time. 

[LFC_Bitcoin]

[milkshock100]

I think we may well be out of the woods

[Paashaas]

Relax, corn is just doing his thing.

[Biodom]

hey, it happened from 42K and at the 7th day.

I'm listening. (Or reading.) What's next?

I guess that you did not read beyond the first phrase, lol.

Well, we can either build back from here or go to a 40% correction at $25.2-25.5K.
If a sharp down to 25, then the rebound would be equally sharp, but if we hang around here at 30-33k for a while, then we might rebuilt slower at first.
Does it matter? Not really, as it is still much more likely that we will end the year much higher.

[Torque]

I was waiting for an article with the MSM's favorite word when reporting on Bitcoin, "plunge".

Bitcoin Plunge Deepens Beyond 20%, Shaking Faith in Crypto Boom
https://finance.yahoo.com/news/two-day-bitcoin-plunge-shakes-042414396.html

“Time to take some money off the table,” Scott Minerd, chief investment officer with Guggenheim Investments, said in a tweet from his verified Twitter account. “Bitcoin’s parabolic rise is unsustainable in the near term.”

OMG, it's shaking the faith, guys. Shaking faith. Best to get out now. 

[BobLawblaw]

This really needs a third panel, with something absolutely hideous, and label it BSV. I loaded a couple images up and was gonna try to put something together in Photoshop, but gotta be honest, I'm kinda working on other projects today, and, well... yeah.

[Gyrsur]

hey, it happened from 42K and at the 7th day.

I'm listening. (Or reading.) What's next?

I guess that you did not read beyond the first phrase, lol.

Well, we can either build back from here or go to a 40% correction at $25.2-25.5K.
If a sharp down to 25, then the rebound would be equally sharp, but if we hang around here at 30-33k for a while, then we might rebuilt slower at first.
Does it matter? Not really, as it is still much more likely that we will end the year much higher.

IF it was the bottom we can expect the price back at $42k at 2/13 latest, IMHO.



EDIT: my claim in this bull market is to identify the support levels for the burst of the bubble beforehand. 

[aesma]

Octopus is for sale. I need moar BTC !



In truth I want the same one but with sails.

Also, it's not being "extreme left" to prevent people from organizing a coup and lynchings, it's called civilization.

This whole thing is heading towards War of Terror 2.0 domestic edition.

There will be Patriot Act 2.0 and then 3.0 and there will be bitcoin sections in them, no doubt.

They already started to block some rioters PayPal and Venmo accounts.

Will they go after bitcoin next? We'll see.

They can't destroy bitcoin, but they can choke the retail usage by over-regulating it. "Accredited investors" will be fine, of course.

The US likes to go from one extreme to the other, it seems. Maybe a bit more moderation could have prevented that ? Deleting Trump's racist tweets starting 10 years ago for example, or at least putting the disclaimers they now put ?

They always wanted Twitter ban, and they finally found a good enough excuse.

This is from 2019:
https://www.vox.com/policy-and-politics/2019/10/16/20917492/kamala-harris-elizabeth-warren-trump-twitter-democratic-debate

Harris and Sen. Elizabeth Warren (D-MA) clashed at Tuesday’s Democratic debate when the California senator tried to push her Massachusetts counterpart to call for the president’s Twitter account to be suspended.

The Dems don't control Twitter. Money does. Trump was making them money, but now, enough advertisers have threatened to bail on them.

[True Myth]

I was waiting for an article with the MSM's favorite word when reporting on Bitcoin, "plunge".

Bitcoin Plunge Deepens Beyond 20%, Shaking Faith in Crypto Boom
https://finance.yahoo.com/news/two-day-bitcoin-plunge-shakes-042414396.html

“Time to take some money off the table,” Scott Minerd, chief investment officer with Guggenheim Investments, said in a tweet from his verified Twitter account. “Bitcoin’s parabolic rise is unsustainable in the near term.”

OMG, it's shaking the faith, guys. Shaking faith. Best to get out now. 

Love when "the experts" make predictions after it already happens...

Every time this happens it actually builds the Bitcoin faith base.  You can only go through so many 20%+ drops and rebound so many times until your reaction becomes "Meh, this again..."

[Paashaas]

I was waiting for an article with the MSM's favorite word when reporting on Bitcoin, "plunge".

Bitcoin Plunge Deepens Beyond 20%, Shaking Faith in Crypto Boom
https://finance.yahoo.com/news/two-day-bitcoin-plunge-shakes-042414396.html

“Time to take some money off the table,” Scott Minerd, chief investment officer with Guggenheim Investments, said in a tweet from his verified Twitter account. “Bitcoin’s parabolic rise is unsustainable in the near term.”

OMG, it's shaking the faith, guys. Shaking faith. Best to get out now. 

CNN headline.

lol.


https://edition.cnn.com/2021/01/11/investing/bitcoin-prices-plunge/index.html

[BobLawblaw]

OMG, it's shaking the faith, guys. Shaking faith. Best to get out now. 

[eXPHorizon]

Octopus is for sale. I need moar BTC !



In truth I want the same one but with sails.

Great Taste !

I'd love a Brig like this


If you ever need a Butler let me know hehe

[gembitz]

You heard it here first. 



Source: https://twitter.com/RookieXBT

Buying this time and at this moment can be a suicide tho , but yeah no pain no gain !

Buying BTC AT ANY PRICE is profitable. It's just a matter of time. 

BUY BUY BUY the top /\ be the top! reeee

[Biodom]

hey, it happened from 42K and at the 7th day.

I'm listening. (Or reading.) What's next?

I guess that you did not read beyond the first phrase, lol.

Well, we can either build back from here or go to a 40% correction at $25.2-25.5K.
If a sharp down to 25, then the rebound would be equally sharp, but if we hang around here at 30-33k for a while, then we might rebuilt slower at first.
Does it matter? Not really, as it is still much more likely that we will end the year much higher.

IF it was the bottom we can expect the price back at $42k at 2/13 latest, IMHO.

yes, and another way to look at it: it is likely to come back (and more) in time for the Coinbase IPO (Feb-March)

[gembitz]

hey, it happened from 42K and at the 7th day.

I'm listening. (Or reading.) What's next?

I guess that you did not read beyond the first phrase, lol.

Well, we can either build back from here or go to a 40% correction at $25.2-25.5K.
If a sharp down to 25, then the rebound would be equally sharp, but if we hang around here at 30-33k for a while, then we might rebuilt slower at first.
Does it matter? Not really, as it is still much more likely that we will end the year much higher.

IF it was the bottom we can expect the price back at $42k at 2/13 latest, IMHO.



EDIT: my claim in this bull market is to identify the support levels for the burst of the bubble beforehand.  

hodling bitcoin from 40k+ be like ===>

[Wekkel]

This was one of the most boring downturns ever.

Can we just move on to new ATHs?

[aesma]

There is the mega sail yacht A but it's a bit of an acquired taste :



The Maltese Falcon is more stylish :



But needing a crew is annoying so I'll probably keep things small, something like this :