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

[adamstgBit]

when in doubt draw more lines. I say 50/50 chance that we either test support 250-247 or go for another rally targeting >270 topping out before 280. i bet we'll do both, sideways my ass!

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[ChartBuddy]

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Explanation

[LFC_Bitcoin]

when in doubt draw more lines. I say 50/50 chance that we either test support 250-247 or go for another rally targeting >270 topping out before 280. i bet we'll do both, sideways my ass!

Calling sideways is basically saying 'I don't know so I'm not going to make a prediction'.
I will admit though - 'I don't know' . I doubt most people on these forums know either to be honest.

All the EW guys are full of shit & get most predictions wrong. Let's just accumulate & be ready for moon time
Those 32,000 USD BTC's will be nice

[kaykawa]

when in doubt draw more lines. I say 50/50 chance that we either test support 250-247 or go for another rally targeting >270 topping out before 280. i bet we'll do both, sideways my ass!

Calling sideways is basically saying 'I don't know so I'm not going to make a prediction'.
I will admit though - 'I don't know' . I doubt most people on these forums know either to be honest.

All the EW guys are full of shit & get most predictions wrong. Let's just accumulate & be ready for moon time
Those 32,000 USD BTC's will be nice

it looks more than a bounce/falling, downtrend

[Fakhoury]

when in doubt draw more lines. I say 50/50 chance that we either test support 250-247 or go for another rally targeting >270 topping out before 280. i bet we'll do both, sideways my ass!

Calling sideways is basically saying 'I don't know so I'm not going to make a prediction'.
I will admit though - 'I don't know' . I doubt most people on these forums know either to be honest.

All the EW guys are full of shit & get most predictions wrong. Let's just accumulate & be ready for moon time
Those 32,000 USD BTC's will be nice

You know what, I really love you so much man

You've nice sense of humor and also positive man.

Sooner or later we will reach those 32,000 USD BTC's

And lets prepare for this

[ChartBuddy]

Coin
Explanation

[Hyperjacked]

when in doubt draw more lines. I say 50/50 chance that we either test support 250-247 or go for another rally targeting >270 topping out before 280. i bet we'll do both, sideways my ass!

I couldn't agree more! Take a look at the zeroblock.com two month chart...it's setting up for the same move we saw after 6/16 spike! I'm looking for a 15$ move off the vwap line on the next rally.

[Fatman3001]

it looks like dead cat bounce

As long as it bounces really hard and lands in a tree, I'm ok with that.

[LFC_Bitcoin]

Calling sideways is basically saying 'I don't know so I'm not going to make a prediction'.
I will admit though - 'I don't know' . I doubt most people on these forums know either to be honest.

All the EW guys are full of shit & get most predictions wrong. Let's just accumulate & be ready for moon time
Those 32,000 USD BTC's will be nice

You know what, I really love you so much man

You've nice sense of humor and also positive man.

Sooner or later we will reach those 32,000 USD BTC's

And lets prepare for this

Yep! Just keep quietly accumulating mate, add to your stash. They can laugh & tease us now but we'll see who's laughing in 10-15 years. I hope BTC explodes into mainstream adoption just like the internet & people see even 1 single BTC as a lot, then we really will be laughing.
That's the dream any way.......

[hodlmybtc]

when in doubt draw more lines. I say 50/50 chance that we either test support 250-247 or go for another rally targeting >270 topping out before 280. i bet we'll do both, sideways my ass!

Does 250 then straight to 32.000 sound good to you adam? 

[ifightformerkel]

Calling sideways is basically saying 'I don't know so I'm not going to make a prediction'.
I will admit though - 'I don't know' . I doubt most people on these forums know either to be honest.

All the EW guys are full of shit & get most predictions wrong. Let's just accumulate & be ready for moon time
Those 32,000 USD BTC's will be nice

You know what, I really love you so much man

You've nice sense of humor and also positive man.

Sooner or later we will reach those 32,000 USD BTC's

And lets prepare for this

Yep! Just keep quietly accumulating mate, add to your stash. They can laugh & tease us now but we'll see who's laughing in 10-15 years. I hope BTC explodes into mainstream adoption just like the internet & people see even 1 single BTC as a lot, then we really will be laughing.
That's the dream any way.......

It will come and not in 10-15years, we can see much more than 32.000 USD in about 5 years imo.
People laughing now about us when the bought bitcoin at 0.50 Dollar, and people (this are we ^^) will laughing about the people who will buy bitcoin at 50.000 Dollar.

[ChartBuddy]

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Explanation

[Dump3er]

Reading all this uber bullish statements: Where’s the log-log chart from ~Dec/13??!?

There we could see what would be the fair price today.

But as I remember the price should have past 32,000 a long time ago and should now be somewhere near the total amount of atoms of the whole universe...

[PoolMinor]

It is important to think of the relationship as 1 BTC = 1 BTC. But if you insist on thinking in terms of fiat, just realize that what we want to see is $1 = 0.00003125 BTC

[LFC_Bitcoin]

It is important to think of the relationship as 1 BTC = 1 BTC. But if you insist on thinking in terms of fiat, just realize that what we want to see is $1 = 0.00003125 BTC

Bro I've only just noticed your avatar . That is some sick shit
Any way back on topic - I totally agree that we should see 1 BTC 's monetary value as simply 1 BTC. I'm sure that'll be the case when/if we go to the moon.

If we gain widespread mainstream adoption with BTC being crazily highly valued then nobody will compare the USD conversion rate because nobody will care. We will be able to simply value things in BTC.

I totally understand why people want to know the fiat worth of BTC at this point though. Hopefully one day we will be able to buy 'everything' with BTC.

[ChartBuddy]

Coin
Explanation

[Stevenirving]

Just boarded a plane. Always love to guess what the price will be when I land.
Last time I flew I forgot to put in any precautionary measures on my trade and lost a large sum of money.
Damn 20x

Stop losses are set. I'm guessing when I land in 7 hours it will be at $258 at finex.

I geuss no movement is better then down movement.
Still bullish.
Always bullish.
I believe we will have hit 267-272 by Tuesday

[hodlmybtc]

Just boarded a plane. Always love to guess what the price will be when I land.
Last time I flew I forgot to put in any precautionary measures on my trade and lost a large sum of money.
Damn 20x

Stop losses are set. I'm guessing when I land in 7 hours it will be at $258 at finex.

I geuss no movement is better then down movement.
Still bullish.
Always bullish.
I believe we will have hit 267-272 by Tuesday

Agree with you on the 267-272 by tuesday, maybe a bit later, however I think we're going down to 250 first.

Price movement seems similar as after the 259 top, 12h/daily indicators will probably come down a bit before another leg up.

[White sugar]

I hope you are right, I just panic sold in the trading simulator but still hodl BTC in real life, the perfect situation for me would be a fall to 250 followed by a rise to 270

[ChartBuddy]

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Explanation