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

[rezurect007]

Im out.
5550

Example of "weak hand"?

Yeah kind of..
Have a very small stash.

Sold the trading stash. Don't have the balls i guess.
Im expecting a bounce at the current level.Just gave up on it.A small rally once the selling pressure subsides.
Opted to put in buys the way down. Hoping atleast the 7500 fills.
Bounce @8900
Bounce @7500
Bounce @5500

[pacman7331]

I will wait till 2020 before I sell shit only buying now. 💥⚡️🤔

Hopefully that S9 price is as discounted as bitcoin is!

[motoprose]

I keep hearing of big banks ordering smaller banks to close accounts of exchanges or people that transfer money to exchanges.    
How are people gonna buy more coins if banks don't cooperate?? Altcoins? Or they will accept fiat themselves or wtf??

They are doing this in India and even in North America, but at a lesser extent.
They are just blocking people's cards if they are using it to buy crypto.

But some are also saying that Capital one are closing their cards outright for even attempting to purchase anything related to crypto.
If they see coinbase or "crypto" as the seller, they will close their card right then and there.

Funny how the world has reacted to crypto and treat it since late last year when it was worth more than an ounce of gold.
But now... they are just putting up barred wire(and not paying much notice to it all the sudden ) incase it does reach over $17,000usd again.

[explorer]

mempool closed, due to lack of interest.

https://dedi.jochen-hoenicke.de/queue/#30d

[criptix]

BOYS ALL GOOD




20 k anyone?


/edit

https://www.youtube.com/watch?v=VYmFpYdwqLs

[Rosewater Foundation]

Wealth transferred, mission accomplished. Absolute savagery. Why I ever thought this would end in anything other than tears I'll never know.

[centralbanksequalsbombs]

[SNIP]

UPDATE:
[SNIP]

UPDATE:

[SNIP]

UPDATE:


as noted above 'combination' = BTG + litecoin + monero + vertcoin + groestlcoin
predicted to be become 5x BCH's market value

Predicting Bitcoin Cash (BCH) will be the worst and will fall in relative terms while everything else grows relative to BCH.

Real Bitcoin is most superior in store of value now and going forward - lightning network emerging!

Lightning network and Bitcoin's superiority will be the story of the year. Altcoins have experienced and may likely continue to experience a relative death.

Will reiterate - great entry point to buy Bitcoin at these levels.

[josephpogi]

Wolf Of Wall Street Says Bitcoin Could Hit $50K Before Crashing
https://cointelegraph.com/news/wolf-of-wall-street-says-bitcoin-could-hit-50k-before-crashing

This is true? Or bitcoin is dead now 

[jojo69]

Wealth transferred, mission accomplished. Absolute savagery. Why I ever thought this would end in anything other than tears I'll never know.

deep breaths

remember your happy place

[Toxic2040]

Wolf Of Wall Street Says Bitcoin Could Hit $50K Before Crashing
https://cointelegraph.com/news/wolf-of-wall-street-says-bitcoin-could-hit-50k-before-crashing

This is true? Or bitcoin is dead now 

[criptix]

[bones261]

Vowing to myself not look at my phone at 3:00 am tonight, like I did last night. Setting up a few bids in case it goes lower while I sleep. Although it would be nice to get back some of my BTC that I let go, earlier; it will be nicer to see a monumental rebound. Maybe a deep dip followed by the mother of all rebounds would be ideal.   That's probably hoping for too much though.

[HI-TEC99]

Vowing to myself not look at my phone at 3:00 am tonight, like I did last night. Setting up a few bids in case it goes lower while I sleep. Although it would be nice to get back some of my BTC that I let go, earlier; it will be nicer to see a monumental rebound. Maybe a deep dip followed by the mother of all rebounds would be ideal.   That's probably hoping for too much though.

Don't let Bitcoin force you into checking it all the time. You will get no sleep or work done.

[JayJuanGee]

Im out.
5550

Example of "weak hand"?

Yeah kind of..
Have a very small stash.

Sold the trading stash. Don't have the balls i guess.
Im expecting a bounce at the current level.Just gave up on it.A small rally once the selling pressure subsides.
Opted to put in buys the way down. Hoping atleast the 7500 fills.
Bounce @8900
Bounce @7500
Bounce @5500

I don't mean to be calling you names, but it just does not seem to be a good strategy to play like that - which I mean is selling at about 55% retracement.. and the practice should not be different whether you are holding a lot or holding a little, and probably the most convincing mistake is that either you had not sold enough earlier or you had invested too much (even if it is a small amount)... but yeah, it is understandable that each of us have to do what ends up being comfortable for us... and hopefully learn how to improve our methods so we don't do the opposite of what would be a better practice (buying on the way down - or worse case scenario, just HODLing)

[JayJuanGee]

Wealth transferred, mission accomplished. Absolute savagery. Why I ever thought this would end in anything other than tears I'll never know.

Step away from the ledge, RF.... Don't do it!!!!!!   Don't do it!!!!

[User705]

Wealth transferred, mission accomplished. Absolute savagery. Why I ever thought this would end in anything other than tears I'll never know.

What “this” are you referring to and what “end” are you talking about?  It’s like gibberish.

[Apekool]

Wealth transferred, mission accomplished. Absolute savagery. Why I ever thought this would end in anything other than tears I'll never know.

What “this” are you referring to and what “end” are you talking about?  It’s like gibberish.

People going crazy because the line of a chart shows an unexpected alteration. Better to stay in bed for them if this worries.

I'm also not sure how people think they can predict the bitcoin future price, there's too much rubble at the moment to see clearly. It's like black friday all day for over two months, and some people bought too much stuff and are now selling that same stuff below price because they need food instead. That impulsive period of buying isn't where you should focus all your analysis if trying to make an estimate

[d_eddie]

Last from ML (Google translate)

1. Volumes fall, the subwave overlaps
2. A counter-trend continuation pattern is formed (flag)
3. Flashcross 50% for a month there are only bear traps. The present bloating is slow and painful
4. Weekly ma20 is not broken (by closing) for the time being
5. Did not climb into the zone of the previous wave ~ 7700

The situation and the truth is strange, but I'm still convinced that this is not a long blowoff.

[Apekool]

For that same reason websites like WalletInvestor are extremely dangerous to believe in. If a future prediction is based on a very short period of extremity, then of course the prediction will follow that line of thought. It leaves however out of account the wider context, for example that this period is also the period where many new investors came and just invested in anything they could get their hands on. If one takes into account only the things that fit a certain point of view, then it's pretty useless to listen to, because that point of view itself is predictable. Great thinking.

[TERA2]

That flat line at 8750 looks like something out of mtgox