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

[milkshock100]

I think we may be out of the woods

[Majormax]

This isnt possible man still going lower
This is a fucking crash a bloothbath
3rd world war Damn hollecaust this isnt normal anymore guys...

About as normal as bitcoin gets.  Unless you figure in a lot more down side.  But then it's still normal.  The charts are available everywhere, have a look at history.

Destination low is sub $1500. Thats the long term chart. Each long wave down ends just above the previous wave high, which in this case was $1200 in Dec 2013.

Already gone $19000 down to $6000, so over halfway there.

Best to get it over asap.

We need blood in the streets for a healthy correction

My panicking friends have been asking me if they should get out ASAP, so that's a good sign we've entered the capitulation stage...

Getting there, but volume not high enough.

The capitulation wave would likely see record volume for a few days (~$30BN per day), and a spike low in one of those days.

I dont know what that price will be, but sub $2000 fits with the long term chart.

[JayJuanGee]

I was obviously a bit too optimistic when refreshing the poll a few days ago.

In other news, it sounds like even Masterluc doesn't know WTF the bottom will be:

I really do not know where to fall further. There's a wild support. Weekly MA20, daytime MA200, Fibonacci retracement of 61.8% of all annual growth, historical trend lines ... In general, all this should bounce off. When drains allow ...

Here to you and nashdachnye traders. The reverse side of the ETF is yours. Let them do it .... I expected a general decrease in volatility when all this was beginning to be predicted. And it is - that's what it is Mihalych.

We have 8 days before Feb. 14, which is an eternity in bitcoinlandia...

I expect $10k plus within that time-frame, easy peasy... ...





(meekly praying in the corner)

[Majormax]

I was obviously a bit too optimistic when refreshing the poll a few days ago.

In other news, it sounds like even Masterluc doesn't know WTF the bottom will be:

I really do not know where to fall further. There's a wild support. Weekly MA20, daytime MA200, Fibonacci retracement of 61.8% of all annual growth, historical trend lines ... In general, all this should bounce off. When drains allow ...

Here to you and nashdachnye traders. The reverse side of the ETF is yours. Let them do it .... I expected a general decrease in volatility when all this was beginning to be predicted. And it is - that's what it is Mihalych.

We have 8 days before Feb. 14, which is an eternity in bitcoinlandia...

I expect $10k plus within that time-frame, easy peasy... ...





(meekly praying in the corner)

Possible but unlikely. $10k maybe sometime in the next month. The ultimate low (sub $2000 ?) is not likely until 2019.

All conjecture of course, but I am basing my figure on a repeating long term pattern.

[HairyMaclairy]

I have been waiting for a year to retest previous ATH of $1248.  I had given up hope but maybe it is possible.  I think that will be very hard to break and will spark a huge rally if we ever get that far.

[undeadbitcoiner]

I was obviously a bit too optimistic when refreshing the poll a few days ago.

In other news, it sounds like even Masterluc doesn't know WTF the bottom will be:

I really do not know where to fall further. There's a wild support. Weekly MA20, daytime MA200, Fibonacci retracement of 61.8% of all annual growth, historical trend lines ... In general, all this should bounce off. When drains allow ...

Here to you and nashdachnye traders. The reverse side of the ETF is yours. Let them do it .... I expected a general decrease in volatility when all this was beginning to be predicted. And it is - that's what it is Mihalych.

We have 8 days before Feb. 14, which is an eternity in bitcoinlandia...

I expect $10k plus within that time-frame, easy peasy... ...





(meekly praying in the corner)

Possible but unlikely. $10k maybe sometime in the next month. The ultimate low (sub $2000 ?) is not likely until 2019.

All conjecture of course, but I am basing my figure on a repeating long term pattern.

Repeating long term figure will not show price will go anywhere down to $4K, that is how pattern looks like. but as i am hoping 6K is the lowest and now it should close in 7500 for the day. and i believe chinese new year will close Bitcoin around 10K

[FirstTimeInMining]

Do you think this bloodbath for today is over?
It seems like market is recovering

[e-coinomist]

Do you think this bloodbath for today is over?
It seems like market is recovering

nope

Between 2018 and 2013 there had been 5 Years.

Once could argue that this meltdown could heal in another 5~10 years. But I doubt that. The momentum has been lost, the notation of the currency as a store of value destroyed.

[Ibian]

Not sure if buy now... or buy lower.

[JayJuanGee]

I consider Bitcoin to be the sum of its forks (BCH + BTC + BTG + ...)

Ridiculous.

There is bitcoin, which you correctly abbreviate as BTC, and there are forks of BTC (such as Bcash, and BGold and some others), which are the same as alts.....

And notice your little fucking argumentative and provocative slip to put BCH first on the list.... BCH is not first because it came about later as a renegade temper tantrum fork that came about spontaneously when the klanish NY agreement was not achieving the preferred results to screw up bitcoin's governance.


Get the fuck out of here with your fuzzy, fantastical and nonsensical talking points.

Why don't you go play with your interactive attempts on Bitcoin.com, or  r/btc or bitco.in?

[sirazimuth]

So when is the bitcoin crash captioned Hitler video coming out?
That should be a good one eh?

[600watt]

where are you guys? busy buying....  

[Majormax]

Do you think this bloodbath for today is over?
It seems like market is recovering

nope

Between 2018 and 2013 there had been 5 Years.

Once could argue that this meltdown could heal in another 5~10 years. But I doubt that. The momentum has been lost, the notation of the currency as a store of value destroyed.

The bear phase could end in 2 years, but now there is the danger of another crypto taking the lead in that time, so it is possible that we have seen the final high.


The best thing to do now is write off your holding, go away and do somthing else for a year or so.

Most people will rant and rage for a few more months, until they reach that conclusion.

[ccminer.net]

Do you think this bloodbath for today is over?
It seems like market is recovering

nope

Between 2018 and 2013 there had been 5 Years.

Once could argue that this meltdown could heal in another 5~10 years. But I doubt that. The momentum has been lost, the notation of the currency as a store of value destroyed.

I do not agree, plus the fundamental as alternative to the traditional economic system is intact! and that is, for me, that gives the real value to this whole thing!!

[d_eddie]

The floor is in. A certain family member just sold, the poor bastard.

Could be.  Had someone I know swallow a 50% loss and leave.  The problem of course is they aren’t coming back any time soon so where the fresh money will come from?

From us, at least in part. Most of my fiat profit is straight from the clonecoin dump. Been waiting to see if I get richer in fiat or btc for a while now.

I have learned that the best time to buy Bitcoin (or any asset really) is when no one else seems to want it and has completely forgotten about it.

The relatively high volatility still tells me that we're not there yet.

I agree totally! I ate up a lot of BTC on the way down, so my fiat reserves are a bit on the low side. But I'm starting to set aside some more, and I will get moar korn when the waters aren't muddy anymore.

[undeadbitcoiner]

Not sure if buy now... or buy lower.

Don't let yourself down thinking F^^K why i din't buy at 7K while price is at 3X

[fragout]

So when is the bitcoin crash captioned Hitler video coming out?
That should be a good one eh?

Im sure i saw one for the 2013 crash

[Spaceman_Spiff_Original]

Looking pretty sweet 

[EtherCoin]

Looking pretty sweet 

Not till we go over 10k again.

Eth.

[TERA2]

Where are all the ridiculous bears who told me I was wrong and it was going straight to $2k