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

[BitcoinNewsMagazine]

@Dotto thanks! Use tools > draw Fibonacci extensions

[Torque]

would the Chinese people kindly wake up and buy their freedom. tia

Naw, they'd rather skirt capital controls and arbitrage their coins to 'Merica. 

[j753k]

WOW bitcoin and RISE are both doing very well.

[Dotto]

[Last of the V8s]

would the Chinese people kindly wake up and buy their freedom. tia

Naw, they'd rather skirt capital controls and arbitrage their coins to 'Merica. 

but, but muh kickbacks

[orpington]

At Parity with BCH   - 13 (3.6%)

hilarious

[bitcoinPsycho]

At Parity with BCH   - 13 (3.6%)

hilarious

Yeah the market has spoken


More like parity with dogecoin

[Ludwig Von]

  BTFD seems complicated when the dip is always yesterday... . 

[Torque]

Interesting to see the PMs rising along with bitcoin. Fun stuff.

[xhomerx10]

So true, my friend.



 Thanks for those stats!  I hadn't seen them presented so succinctly.

[erre]

So true, my friend.



 Thanks for those stats!  I hadn't seen them presented so succinctly.

 How is btc distribution going? I was updated about the situation a couple of years ago, but now some whales should had cashed out...

[Syke]

$5000 is a psychological barrier for sure and some analysts are calling for a correction at $4800 because $4840 is a local Fibonacci 2.618 extension from last swing low

We're currently bumping into the €4000 barrier.

[Syke]

How is btc distribution going? I was updated about the situation a couple of years ago, but now some whales should had cashed out...

Impossible to know. There's no way to connect addresses to people, or people to addresses.

[gentlemand]

https://www.coindesk.com/f2pool-reneges-mining-pool-pulls-segwit2x-support-hard-fork/

The first of many death throes for 2X. Told ya.

Or if I didn't, I can't remember, I told ya now.

[orpington]

$5000 is a psychological barrier for sure and some analysts are calling for a correction at $4800 because $4840 is a local Fibonacci 2.618 extension from last swing low

We're currently bumping into the €4000 barrier.

but we busted thru 500000 yen

[Ludwig Von]

Interesting to see the PMs rising along with bitcoin. Fun stuff.

Despite someone dumped 1 billion in paper gold... . Now this is my idea,  BTC and gold ( PMs if you prefer a harem) should be married.

[eXpl0sive]

https://www.coindesk.com/f2pool-reneges-mining-pool-pulls-segwit2x-support-hard-fork/

The first of many death throes for 2X. Told ya.

Or if I didn't, I can't remember, I told ya now.

[JayJuanGee]

...I wonder how market will react at $4800

What bothers me the most is, that these massive runs haven't had decent pullbacks in the recent days. There is accumulating a lot of steam i'm afraid of...

Or on the other hand, maybe that is just what is happening when all this institutional money is coming in  

What the fuck are you talking about?

There had been pull backs and even sort of flat periods in the past two months, sure we have not seen a 30% pullback for a while, and I am not sure if the correction down to 1850 or 3650 count, since they were only 20% pull-backs, but the essence of the matter has been a kind of ongoing gradual upwards price movement - so yeah we could experience a 30% to 50% pullback at any time, but it seems that the gradualness of the ongoing upwards price slope has not outpaced ongoing buying support, so maybe we will get a spurt up to $5900 or a spurt up to $7k, and either of those kinds of spurts, if they were to occur would further justify a 30% to 50% correction - but currently, a 30% correction is not a necessity since we have had a couple of 20% corrections and a gradual upwards that seems to have facilitated buyers to keep up their support of each of the stairs up this staircase... we could even spurt up to $10k in a week or two. and then surely under those kinds of possible circumstances I would start to feel that a 30% to 50% correction was necessary.

[Last of the V8s]

https://www.coindesk.com/f2pool-reneges-mining-pool-pulls-segwit2x-support-hard-fork/

The first of many death throes for 2X. Told ya.

Or if I didn't, I can't remember, I told ya now.

that is bullish. Wang Chun normally needs goading with a large stick before falling into line. now though he comes out ahead of the herd.

[AlcoHoDL]

Euro-ATH @ 3999.53 €/BTC (Kraken).

Damn, so close!