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

[Globb0]

[OWZ1337]

All those poor people selling at the bottom  

bottom was $175 ?    weee

[Torque]

Ima catch this falling knife like a mofo.

Just a little longer.

Looking at the Bitstamp 1d chart, it's more obvious that this artificial pump really got started on 11/24/2017 @ ~$8k. That also coincided with the media ramp up. So it's safe to assume that if the pumping started there, then the dumping will end there as well or fairly close to it.

[BTCMILLIONAIRE]

guys... always the same movemente Look at chart, see history, the same. Always we have Dump -50% and in one month back +100% Pump We can see it January 2016, January 2017, July 2017, September 2017, November 2017. Look the chart. Dont panic, dont lost money, be smart, just hold and wait, big profit is coming. 2018 will be a BIG $ year to all Cryptos

There hasn't been a 50% or greater drop since the ATL. The "safety net" has been pierced, and we're likely to require a much longer period of consolidation before the resumption of the great bull. Hopefully we'll be looking at a year or less.

Check out Real-Crypto's channel on YT, he's had some pretty good analysis the past few weeks. He predicted we were about to enter a bear market and that it might last a year or two before growth begins again.

I have a very hard time seeing a year or two long bear market at this point. Not that it matters since I mostly value invest in ICOs anyways and know quite well where the bottom of my portfolio will be at different points in time.

[BTCMILLIONAIRE]

Ima catch this falling knife like a mofo.

Just a little longer.

Looking at the Bitstamp 1d chart, it's more obvious that this artificial pump really got started on 11/24/2017 @ ~$8k. That also coincided with the media ramp up. So it's safe to assume that if the pumping started there, then the dumping will end there as well or fairly close to it.

I could see it going just a tad lower due to psychological human nonsense, but that's pretty much where the dump should at the very least start losing its momentum.

[EtherCoin]

Ima catch this falling knife like a mofo.

Just a little longer.

Looking at the Bitstamp 1d chart, it's more obvious that this artificial pump really got started on 11/24/2017 @ ~$8k. That also coincided with the media ramp up. So it's safe to assume that if the pumping started there, then the dumping will end there as well or fairly close to it.

I could see it going just a tad lower due to psychological human nonsense, but that's pretty much where the dump should at the very least start losing its momentum.

Agreed, I would call the very-bad-bottom between 5,500 and 6k but still hoping for this 10k band to resist - The next 24 hours are...

Eth.

[promomei]

Guys what did you do

back to 5000 

[Wekkel]

The bounce of this one will be brutal 

[HanvanBitcoin]

The bounce of this one will be brutal 

Indeed. it will be epic. But still need to trigger my order at €7600,- before it happens

It's funny how everyone is going banana's with this current dump. 

[Torque]

All I can say is thank the gods this didn't shoot up to something like $40-50k.

The drop would have been so much worse.

[BTCMILLIONAIRE]

The bounce of this one will be brutal 

Indeed. it will be epic. But still need to trigger my order at €7600,- before it happens

It's funny how everyone is going banana's with every dump. 

ftfy

[samsonn25]

3day dma is 11500 1 week is 7200

[BTCMILLIONAIRE]

All I can say is thank the gods this didn't shoot up to something like $40-50k.

The drop would have been so much worse.

I wouldn't mind since I was getting ready to launch a medium sized mining operation for that scenario. But this pattern works just as well. Just need to plan ahead for different scenarios and it won't really matter what happens. There's money to be made in every situation.

[noize_1234]

Weekly MA20 ~ 9k

[bitcoinvest]

where is this one who told me 11000€ was cheap and watch giving thanks to everybody for cheap coins? 7300€ that we are now is maybe not cheap also as the dump is not finished... and we will not test the 9K...seems obvious we will go under 9k... the game is dump...wait little the orders to fill up and dump.....and the same goes on..

[sirazimuth]

The bounce of this one will be brutal  

Indeed. it will be epic. But still need to trigger my order at €7600,- before it happens

It's funny how everyone is going banana's with this current dump.  

ha!
if I got in a month ago rather than 3 years ago I'd be going apeshit too!
n00bs intro to BTCitcoin101

[EtherCoin]

Jesus Christ. We're going to test $9k, aren't we

Don't worry about 9k, worry about 8k )

Eth.

[cofefeGandalf]

Where is proudhon, predicting single digits? We need him, quick!

[luckygenough56]

hard bottoms are generally 1/3 of high so 6500 is worst case scenario before bounce

[LFC_Bitcoin]

I’m eating a late lunch, sipping champagne & even I will admit this is fucking terrible. I won’t be able to retire for at least another two or three years at this rate.

Let me stress to all those panicking though - You haven’t lost anything if you don’t sell - 1 bitcoin is still 1 bitcoin. HODL & you will be greatly rewarded after the next halving.