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Question: When $60K? (EST time zone)
Feb. 21 - 7 (5.7%)
Feb. 22 - 19 (15.6%)
Feb. 23 - 13 (10.7%)
Feb. 24 - 9 (7.4%)
Feb. 25 - 8 (6.6%)
Feb. 26 - 9 (7.4%)
Feb. 27 - 3 (2.5%)
Feb. 28 - 4 (3.3%)
March - 28 (23%)
After March - 14 (11.5%)
Never - 8 (6.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25184369 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13 users deleted.)
Wekkel
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yes


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January 20, 2021, 07:58:26 PM
Merited by JayJuanGee (1)

Let's have a look at the previous bull market.

https://i.ibb.co/r3w1D9K/2017bull.png

The first leg up lasted for 79 days with 224% gains. The following correction lasted for 34 days, ending with a big fakeout (-39% from ATH) before the next leg up.

Looking at the other corrections, we can see that they all ended in a similar way, with a big dip before going up again.


Now let's have a look at the current market.

https://i.ibb.co/JkPcFvn/2020bull.png

Here the first leg lasted for 93 days with 295% gains. The currect correction that we are in right now have resulted in a 27% dip so far.

If the current bull market will behave anything like the previous one, it would indicate that we are in for a bigger correction before going up again.

But hey, what do I know. This time it's different TM, right?

(Sorry for the big pics, but they became unreadable when I was trying to scale them down)

Thanks for the comparisons. This provides some perspective on the current correction and what we may expect the next few months. I'm afraid the shake outs will still scare traders/hodlers out of their coins and leave them in the dust when the rally resumes. When will they learn just to HODL  Roll Eyes
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January 20, 2021, 08:09:45 PM

THIS IS FINE! (at least so far)



and if we broke through the bottom at the end of the triangle, than we are fucked or more "buy the fucking dip"-again ... Cheesy

Seems that the 24 hours are critical, to the moon or definetly death
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January 20, 2021, 08:18:12 PM
Merited by nutildah (1)

 Grin Grin

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IIRC


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January 20, 2021, 08:30:04 PM

THIS IS FINE! (at least so far)



and if we broke through the bottom at the end of the triangle, than we are fucked or more "buy the fucking dip"-again ... Cheesy

Seems that the 24 hours are critical, to the moon or definetly death

This is sooo.... binary  Grin Cheesy
WO became a lil bearish, it seems?
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January 20, 2021, 08:31:46 PM

Grin Grin



Texts the girl,  that has probably several decades of psychological therapy ahead... So nice future Greta 😂😂
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January 20, 2021, 08:33:13 PM

THIS IS FINE! (at least so far)



and if we broke through the bottom at the end of the triangle, than we are fucked or more "buy the fucking dip"-again ... Cheesy

Seems that the 24 hours are critical, to the moon or definetly death

This is sooo.... binary  Grin Cheesy
WO became a lil bearish, it seems?

Sorry, if we break through the roof, moon is the next move...
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a Cray can run an endless loop in under 4 hours


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January 20, 2021, 08:40:41 PM
Merited by JayJuanGee (1)

Grin Grin



Florida man goes home after four tumultuous years in public office.
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Orthostatic Tremor 16k


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January 20, 2021, 08:44:45 PM
Merited by JayJuanGee (1), Phil_S (1)

Jobless guy breaks travel ban
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January 20, 2021, 08:51:33 PM

This pullback on relatively low volume.  Interesting...

Seems impossible to imagine we are done with this cycle's run.  And bitcoins fundamentals have never been so crazy-bull.  I remember so many of these in 2017.

Wonder if we gotta bounce off the bottom of Explorer's channel?

Boing!



Now to hang on to it...
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January 20, 2021, 08:52:56 PM
Merited by JayJuanGee (1), Krubster (1)


https://twitter.com/petermccormack/status/1351984731810914305?s=21



@MacroScope17
BlackRock just filed documents with the SEC that contain extensive discussion of Bitcoin. Excerpt: "Certain Funds may engage in futures contracts based on bitcoin."

This appears to be the first time BlackRock has made such mentions.

Link to filings:
https://www.sec.gov/edgar/search/#/q=bitcoin&dateRange=custom&entityName=BlackRock&startdt=2021-01-20&enddt=2021-01-20
https://twitter.com/macroscope17/status/1351952782241243140?s=21
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January 20, 2021, 08:56:14 PM
Merited by BobLawblaw (1)

I think we all can relate...

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January 20, 2021, 08:57:04 PM

Grin Grin



Never cross a women - they never forget



Greta’s long game is exceptional  Smiley
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January 20, 2021, 09:17:13 PM

@DocumentBitcoin
Supply shortage incoming. 270,000 BTC off the market this month.

https://twitter.com/documentbitcoin/status/1351996614592897025?s=21
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Let's LASER together #DUDEphilosophy


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January 20, 2021, 09:17:45 PM
Merited by BobLawblaw (1)



https://twitter.com/_benkaufman/status/1351915306642501632?s=21
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IIRC


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January 20, 2021, 09:24:33 PM
Merited by BobLawblaw (1)

 Roll Eyes
Why is she always looking like she forgot to pull out that buttplug?
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January 20, 2021, 09:27:02 PM
Merited by BobLawblaw (4)


She’s probably unsure if she’s shit herself or not.

Old age is a bitch.
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January 20, 2021, 09:32:33 PM

@DocumentBitcoin
Supply shortage incoming. 270,000 BTC off the market this month.

https://twitter.com/documentbitcoin/status/1351996614592897025?s=21

yesterday it was about -25k in 24h


She’s probably unsure if she’s shit herself or not.

Old age is a bitch.

Either we were thinking the exact same, or it's just too obvious  Cheesy Cheesy Cheesy
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Go! BTC Go!


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January 20, 2021, 09:34:38 PM
Last edit: January 21, 2021, 03:57:22 AM by xhomerx10

Grin Grin



 The poor girl!  She'd been planning that for 4 years and Jack pulled the rug right out from under her with his permanent suspension of Trump.


edit: As it turns out it wasn't 4 years; only about 1.5 years. 

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Go! BTC Go!


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January 20, 2021, 10:18:27 PM

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January 20, 2021, 10:29:24 PM
Merited by qwizzie (1)

Fuck it, I'm just going to say it.

I hope you are going to do better this time.

Sincererly,
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