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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26401155 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. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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January 30, 2023, 01:01:16 AM


Explanation
JayJuanGee
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January 30, 2023, 01:08:31 AM

Bitcoin price seems to be increasing with time but we cannot confirm a bull until some more resistances are broken. specially the wall at 25200 and 31900.
There is no wall.
In my opinion a resistance wall will appear on prices that I mentioned but again we cannot say anything with surety about Bitcoin market.

So, you are saying that such wall is not in the room with us now, but such wall will appear in the room with us at such said price points?

I  am thinking that the sorcerer wannabes are getting more sophisticated, and I am feeling fired.


Ok... I will bite..

Is the supposed wall at $25,200, which happens to be close to the current price, any different from the current price?  How we going to know that it is an actual resistance point?.. We gonna get stuck there?.. or we will see it and for some reason a bunch of sell pressure has to get trampled with volume?

If you look at the charts, we can see that we have like ladders.. so we broke above $17.2k.. and then took a few days to get up to supra $20k area.. and then got stuck there for a few days and then jumped up to $23k-ish.. Been here for about a week but seem like sloping UPpity.. for either a break out or maybe just a baby ladder or maybe a total break out, no?

In other words, how the fuck would you have much if any clue about what kinds of dynamics we have or what might appear.. because we could also have a correction at any time too. it's like various scenarios all bordering in the 50/50 arena.. and no real scenario has any dominant feel except for having some UPpity price pressures that could stop at any time.. or maybe not... keep punishing the shorters, perhaps?  The shorters have been getting fucked since a about $17k.. and at some point they might give up, and then will we correct at that point, when the longs start to get overly enthusiastic?.. or maybe the shorts just keep placing their bets and we largely keep laddering up to $55k-ish.. and sure, we might have a 10% to 15% quickie "crash" in the middle... or maybe not...  there seems to be difficulties to know, so how can much confidence be assigned to any one scenario, until after it had already happened, the you can tell us "I told you." "That's what I meant by resistance at $25,200 and $31,900.. blah blah blah."

Digital gold shines bright
Blockchain's power doth shine
Freedom in our hands

Blood bought it's worth, they say
But the cost, lives lost in vain
Freedom's silent cost

Fuck blockchains... 

Digital gold shines bright
Blockchain's power doth shine
Freedom in our hands

Blood bought it's worth, they say
But the cost, lives lost in vain
Freedom's silent cost
Dear God please kill me.

With a blockchain up your rear.

 Cheesy Cheesy Cheesy Cheesy
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January 30, 2023, 01:17:14 AM
Merited by BobLawblaw (10)

Digital gold shines bright
Blockchain's power doth shine
Freedom in our hands

Blood bought it's worth, they say
But the cost, lives lost in vain
Freedom's silent cost

Dear God please kill me.

Don't worry god has a time set for you as I type. Hoping it is many decades from now.
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January 30, 2023, 02:01:18 AM


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January 30, 2023, 02:13:16 AM
Merited by AlcoHoDL (1)

There is no wall.

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January 30, 2023, 02:51:52 AM
Merited by BobLawblaw (10), vapourminer (1)


https://imgur.com/gallery/lvMhbWl
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January 30, 2023, 03:01:20 AM


Explanation
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January 30, 2023, 03:21:27 AM

Can't wait for the price to be higher than the number of pages on this thread!
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January 30, 2023, 03:29:51 AM
Last edit: January 30, 2023, 03:44:30 AM by Gachapin
Merited by dragonvslinux (1)

From the looks of the chart we seem like we’re pressing up against the final resistance level before a break to $30K. It will be interesting to see if we reject here and retest support or if we shoot straight to $30K. This rally seems like it has a lot of strength but it’s also run quite a bit in a short period of time so neither would surprise me. At some point FOMO might start kicking in when people realize BTC has doubled in a month.


Last ATH was on the lower side of most expectations.  And being at 1/3 of that ATH BTC is still heavily undervalued imo, especially since BTC can be used as a super portable inflation hedge in these times...

Going to app. 30k would only get us to where the bottom should have been in the first place
philipma1957
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January 30, 2023, 03:43:31 AM

From the looks of the chart we seem like we’re pressing up against the final resistance level before a break to $30K. It will be interesting to see if we reject here and retest support or if we shoot straight to $30K. This rally seems like it has a lot of strength but it’s also run quite a bit in a short period of time so neither would surprise me. At some point FOMO might start kicking in when people realize BTC has doubled in a month.


Last ATH was on the lower side of most expectations.  And being at 1/3 of that ATH BTC is still heavily undervalued imo, especially since BTC can be used as a super portable inflation hedge in these times...

Going to app. 30k would only get us where the bottom should have been in the first place

33333 by march 3 hope you agree
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January 30, 2023, 03:45:55 AM

From the looks of the chart we seem like we’re pressing up against the final resistance level before a break to $30K. It will be interesting to see if we reject here and retest support or if we shoot straight to $30K. This rally seems like it has a lot of strength but it’s also run quite a bit in a short period of time so neither would surprise me. At some point FOMO might start kicking in when people realize BTC has doubled in a month.


Last ATH was on the lower side of most expectations.  And being at 1/3 of that ATH BTC is still heavily undervalued imo, especially since BTC can be used as a super portable inflation hedge in these times...

Going to app. 30k would only get us where the bottom should have been in the first place

33333 by march 3 hope you agree

That'd be nice.  I hope the badger agrees too.

seems perfectly doable though
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January 30, 2023, 03:49:05 AM

From the looks of the chart we seem like we’re pressing up against the final resistance level before a break to $30K. It will be interesting to see if we reject here and retest support or if we shoot straight to $30K. This rally seems like it has a lot of strength but it’s also run quite a bit in a short period of time so neither would surprise me. At some point FOMO might start kicking in when people realize BTC has doubled in a month.


Last ATH was on the lower side of most expectations.  And being at 1/3 of that ATH BTC is still heavily undervalued imo, especially since BTC can be used as a super portable inflation hedge in these times...

Going to app. 30k would only get us to where the bottom should have been in the first place

I agree with this. Last cycle was not a top blow off like previously. It very well mean this bear market is much shorter. Would love to see ATH print going into the next halving.
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January 30, 2023, 06:24:39 AM

33333 by march 3 hope you agree

Noted and quoted for the future reference.

Remember anything you say or write here can be and will be held against you for the future memes.
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