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

[Sourgummies]

Geat ready for pump round 2

How many rounds are there going to be in this recovery or uptrend?

Can I make a request to have 10 or 15?

I second your request. 15-20 it is. To the moon again we go where we stop nobody knows.

[JayJuanGee]

tbh - I sold some at $940-950 on this bounce, I do not believe we will get back up to $1000 before another sizable drop. Too many people seem to be planning on unloading this time when we get to $1k again

Buy back target is in the low $800s, I think we will be in this $800-900 range for the next month or so, perhaps touching some of the support in the high $700s if people panic again for some reason.

Nothing wrong with hedging..

Hopefully you did not sell too many in reliance on that view, but if you end up being correct, then the more power to you.

I usually try to hang onto most of my coins, so I do have fiat to buy more on the dips, but I get a bit nervous hedging too much for down when it looks like we may be on the cusp of an actual upwards explosion.. the upwards explosion may or may not happen, but I would feel bad it I had anymore than 15% of my BTC investment holdings hedged towards down.. .. currently, I only have about 6% or 7% or so hedged towards the possibility of down from here, but I can see where someone may want to hedge a bit more than me... and even double is within my concept of reasonable.. but beyond that would make me nervous in these current market conditions..

[savetherainforest]

Closing the daily above 900$ for a green candle would be very bullish imo.

You were saying?



Short but green nonetheless. Bullish indeed.

I think it will be 5-10$ per day from now on... I won't be expecting BTCuLLdozers with fireworks yet. Or at least not until the Chinese new year! Cuuoocooo!!

[JayJuanGee]

You been riding this, Loaded?

Hope this ain't a bull trap!

Always along for the ride.

Why so cryptic, Loaded?



You know if it is actually true what is said about you, you have a decent stash of BTC, and you should have some fiat too, no?  Anyhow, worse case scenario if you only have BTC and not Fiat, could you not strategically sell a bunch off exchange (not to affect price), and then use those proceeds to strategically pump? 

I personally don't know how much fiat you would need on each exchange to strategically pump, but I bet that $30 million spread across several USD exchanges would go quite a long ways towards pumping ..  I don't tend to put much credibility in sending fiat to Chinese exchanges, but maybe you have some better ideas as a kind of whale?

[simmo77]

You been riding this, Loaded?

Hope this ain't a bull trap!

Always along for the ride.

Why so cryptic, Loaded?



You know if it is actually true what is said about you, you have a decent stash of BTC, and you should have some fiat too, no? 

Perhaps he's cryptic because it's no-one else's business...?

[Loaded]

If there was anywhere as much manipulation as I get suspected of, I'd be way richer. It's far harder than you'd think.

[Loaded]

Also, I'm hammered.

[dmwardjr]

Double Throw Backs with a Mark Up are quite common place in crypto.

[Loaded]

In 13 it was fun.

[JayJuanGee]

If there was anywhere as much manipulation as I get suspected of, I'd be way richer. It's far harder than you'd think.

Fair enough.

If you have money, there are probably better ways to spend your time that are not necessarily related to attempting to increase your holdings through trading, but also sometimes, there are fairly big players who develop systems to trade and you can tell by looking that some folks are trading a lot of coins.. but maybe sometimes they lose money, too..


Anyhow,  maybe that trading is not a great way to spend your time, even though you may want the price of BTC to either stay steady or to go up in order to either preserve or to increase the value of your holdings.

[relm9]

tbh - I sold some at $940-950 on this bounce, I do not believe we will get back up to $1000 before another sizable drop. Too many people seem to be planning on unloading this time when we get to $1k again

Buy back target is in the low $800s, I think we will be in this $800-900 range for the next month or so, perhaps touching some of the support in the high $700s if people panic again for some reason.

Nothing wrong with hedging..

Hopefully you did not sell too many in reliance on that view, but if you end up being correct, then the more power to you.

I usually try to hang onto most of my coins, so I do have fiat to buy more on the dips, but I get a bit nervous hedging too much for down when it looks like we may be on the cusp of an actual upwards explosion.. the upwards explosion may or may not happen, but I would feel bad it I had anymore than 15% of my BTC investment holdings hedged towards down.. .. currently, I only have about 6% or 7% or so hedged towards the possibility of down from here, but I can see where someone may want to hedge a bit more than me... and even double is within my concept of reasonable.. but beyond that would make me nervous in these current market conditions..

Yea, I agree. I only sold 20% of my stash. I would be nervous to sell any more than that. This is actually the first time I've sold since the big drop in 2013, been buying ever since and scooped up plenty of coins in the $200-300 range.

I had planned to sell some anyway when we got to the 2013 ATH, just to lock in some profits. Should have stuck to that plan but when time came to sell I started hoping that we would zoom right past it and held off.

[Loaded]

Ya win some, ya lose some, and hope the former is greater than the atter. Ya go from preyin on whales to being chewed on these dats.

[Sourgummies]

I want to open a long so bad. I feel like a rocketship green candle is about to form soon but im afraid.

[Ted E. Bare]

You could have bought already, buy the maximum panic:

Always buy during maximum panic. Now for over a year the dumps have only lasted a couple of days max. It's not too hard to get a nice entry.

[JayJuanGee]

tbh - I sold some at $940-950 on this bounce, I do not believe we will get back up to $1000 before another sizable drop. Too many people seem to be planning on unloading this time when we get to $1k again

Buy back target is in the low $800s, I think we will be in this $800-900 range for the next month or so, perhaps touching some of the support in the high $700s if people panic again for some reason.

Nothing wrong with hedging..

Hopefully you did not sell too many in reliance on that view, but if you end up being correct, then the more power to you.

I usually try to hang onto most of my coins, so I do have fiat to buy more on the dips, but I get a bit nervous hedging too much for down when it looks like we may be on the cusp of an actual upwards explosion.. the upwards explosion may or may not happen, but I would feel bad it I had anymore than 15% of my BTC investment holdings hedged towards down.. .. currently, I only have about 6% or 7% or so hedged towards the possibility of down from here, but I can see where someone may want to hedge a bit more than me... and even double is within my concept of reasonable.. but beyond that would make me nervous in these current market conditions..

Yea, I agree. I only sold 20% of my stash. I would be nervous to sell any more than that. This is actually the first time I've sold since the big drop in 2013, been buying ever since and scooped up plenty of coins in the $200-300 range.

I had planned to sell some anyway when we got to the 2013 ATH, just to lock in some profits. Should have stuck to that plan but when time came to sell I started hoping that we would zoom right past it and held off.

Maybe our views are somewhat similar, yet I do think that it feels a little better to sell in several small chunks rather than attempting to time it, and maybe you will be able to sell all of your allocation and maybe the price will reverse before you sell all of it.

[SnokkomBTC]

next weeks are critical

[PoolMinor]

next weeks 9,986,000 minutes are critical

FTFY

[kurious]

If there was anywhere as much manipulation as I get suspected of, I'd be way richer. It's far harder than you'd think.

That I do believe.

Also, I'm hammered.

Ha!  And still watching the screens on a Saturday night - join the club

In 13 it was fun.

Yep, it was - this time we are a little more hardened and we know how the party can stop and be over very quickly.

Good luck out there, nice to see you're still in the game.

[Lionidas]

Best picture that I have seen all year.... so far.

KEK is in control. Prasie it and Bitcon will rain from the dankest shitlord meme factory.
It is said, it is done.

[yugo23]

I want to open a long so bad. I feel like a rocketship green candle is about to form soon but im afraid.

Ahahah yeah I feel you xD
I'd say it's not the right moment to open a long. We're at a peak right now so it's not the right moment to open a long, especially when you see the volatility of the price!
Wait for a small dump. There will be one, we're not going to go from 840 to 1000 in a straight line! We gonna drop in a little time before going in back.