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

[Karartma1]

I just hate being glued to the charts.  It completely consumes me.

Absolutely right, looking at the charts is making me sick  
I think this is the price to see History unfolding in front of us so that one day we can say "I was there" (and I got some nice profit) thanks to the greatest invention after the wheel.

[JayJuanGee]

So far we on the way to 500 ...moving in the right direction  

My advice, sell when we see 1000.00 again   It could be that again... remember when some analyst were saying 10,000 lol what ever happened to that kind of talk....

It is not a practical suggestion to sell your BTC at $1,000. 

I can see, possibly, selling at $750 or maybe at $3000 - and even selling at $750 is risky - depending on how fast we get there, if we do get there. 

Once prices continue in the upward trajectory - like they are and start to get close to $1,000, it is very likely that market dynamics are going to cause a lot of potential and momentum and sentiment for shooting passed the previous ATh...   - at least into the upper $1,000s, but more likely into the $3k to $5k arena.

In that regard, it doesn't seem too prudent to take profits too soon, unless you are just selling much less than half of your total BTC stash

[TERA]

I don't see what's so special about today.  An 8% up day within a wave of a consolidation period doesn't "male history".

[chesthing]

I don't see what's so special about today.  An 8% up day within a wave of a consolidation period doesn't "male history".

This is a big fucking deal. 2 years of nothing but blah, and here we are proving the run to $500 wasn't just a pump/dump.

[Fatman3001]

I don't get what drives the price.

I don't get why we're below $4K.

People are stupid, I guess.

Because every time we have $10 -$20 rise, lot of folks think its a good time to take profit before we are back at double digits and while at it maybe its wise to open a short also to put cherry on the cake. JUST IN CASE!

Thats why

Sure, but day trading isn't the only way to invest in an asset.

I maintain my "People are stupid" stance.

[TERA]

I don't see what's so special about today.  An 8% up day within a wave of a consolidation period doesn't "male history".

This is a big fucking deal. 2 years of nothing but blah, and here we are proving the run to $500 wasn't just a pump/dump.

I thought that was already established given the volume and indicators over the entire past month.  Especially the break from 320 and 370 were the final confirmations needed.  This rally to 460 is just a technicality about exactly what the shape of this consolidation will be like. So TODAY is not a big deal.  Maybe 2 weeks ago was a big deal.

[peonminer]

3K begging for us to pop her sweet cherry.

When we top this time at $680 you will think it's a big deal.

[Karartma1]

I don't see what's so special about today.  An 8% up day within a wave of a consolidation period doesn't "male history".

I'm not just talking about today man, maybe you are a daytrader, I am not. I'm trying to see the big picture which is ahead of us. I'll remember "today" with a smile when the price will be where it should.

[chesthing]

I don't see what's so special about today.  An 8% up day within a wave of a consolidation period doesn't "male history".

This is a big fucking deal. 2 years of nothing but blah, and here we are proving the run to $500 wasn't just a pump/dump.

I thought that was already established given the volume and indicators over the entire past month.  Especially the break from 320 and 370 were the final confirmations needed.  This rally to 460 is just a technicality about exactly what the shape of this consolidation will be like. So TODAY is not a big deal.  Maybe 2 weeks ago was a big deal.

So where do you see the price going from here to halving?

[TERA]

I don't see what's so special about today.  An 8% up day within a wave of a consolidation period doesn't "male history".

I'm not just talking about today man, maybe you are a daytrader, I am not. I'm trying to see the big picture which is ahead of us. I'll remember "today" with a smile when the price will be where it should.

OK I made the wrong interpretation of "this price"

[Oblodo]

Oh well, that was fun. Now we go down to about $350. Just hold on.

[glendall]

If my premise is correct -- that bitcoin always behaves in the opposite of manner of what I expect -- I believe we'll stay at 450 for a day and then climb to 500 over the 3 days.

I don't see us going sub <400 this month, but hope we do though, as I'm all fiat and sold right now.

[Alley]

Just wait till a couple months after the halving and we really feel the squeeze of a lesser daily supply.

[Fatman3001]

All these people all in fiat waiting for cheap coinz.


Bullish!

[RoadStress]

I don't get what drives the price.

I don't get why we're below $4K.

People are stupid, I guess.

Let's aim 7k$ so I can sell at 6k$!

[BlindMayorBitcorn]

If only Shroomskit could have hodled until Ethereum and The Bitcoin Foundation and the U.S Federal government and Theymos had all finished dumping.  

[dloghwak]

I don't get what drives the price.

I don't get why we're below $4K.

People are stupid, I guess.

Because every time we have $10 -$20 rise, lot of folks think its a good time to take profit before we are back at double digits and while at it maybe its wise to open a short also to put cherry on the cake. JUST IN CASE!

Thats why

Sure, but day trading isn't the only way to invest in an asset.

I maintain my "People are stupid" stance.

Day trading isn't even investing at all.

[ChartBuddy]

Coin



Explanation

[peonminer]

If my premise is correct -- that bitcoin always behaves in the opposite of manner of what I expect -- I believe we'll stay at 450 for a day and then climb to 500 over the 3 days.

I don't see us going sub <400 this month, but hope we do though, as I'm all fiat and sold right now.

[Dotto]

Its happening Now, a few Nows from Now, and a few Nows back.



















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