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

[nanobtc]

via Imgflip Meme Generator

[Nosk]

Update from this post :

As expected, we came back in the initial value based uptrend. Given the small breakthrough there was yesterday, I adjusted the value based uptrend.
Nothing new under the sun, still bullish, slowly goind to the next resistance. We will stand in this trend, as the trend become more and more precise, unless some major bad news.
The volume is still pretty standard-low since 08/02, so the trend is still pretty vulnerable.



I'll hodl for now, more profit may be taken later (unless you want to trade on the swings, which I'm terrible at).

So far so good, nothing really unexpected. We definitely broke the last resistance.
The good news is the trend seems to get stronger and stronger. In fact, there is, as shown on the figure, the beginning of a volume spike. This straighten the uptrend and will help the price to rise again if it bounces off the next resistance. That makes the "worst" short term future scenario bullish. The best case scenario is btc price stagnating a few days in the next resistance, enough to gain momentum and break it.



Profits are in the buying side, of maybe a bit of selling if you expect some bouncy swings.

[BTCMILLIONAIRE]

At what price will FOMO kick in?

I thought that was around $8900. Don't tell me I wasn't supposed to panic and buy back then.

I thought he was referring to the mainstream, not people who have already been in Bitcoin and know more or less how to swing.

[BlindMayorBitcorn]

Sorry folks, I'm sure it won't happen again.

With all due respect, Mayor, can you please stop fucking with us?
This Rosewater business - kidnapped, no, he's just hiding, no, it's my (millionaire BMB's) alter ego... it's exhausting.
And I don't even want to start thinking about reviving that squalid goofy business with our pants...
 

EDIT - This is my post #666. Mean anything?

You're right, I know. I've come to realize I have nothing substantial to contribute.
I'm terribly sorry.

[bitcoinPsycho]

Wow back to 5 digits! Where are all those beartrolls spreading FUD and proclaiming doom (ie back to double digits etc)? 

they are all hanging out in the bch thread

[JimboToronto]

Methinks $10k may take a while to be left behind for good.

Sideways for a few days?

[hisslyness]

At what price will FOMO kick in?

I thought that was around $8900. Don't tell me I wasn't supposed to panic and buy back then.

I thought he was referring to the mainstream, not people who have already been in Bitcoin and know more or less how to swing.

Yes, I was referring to the "dumb FOMO $$$"... that will help BTC price shoot past ATH...

[BTCMILLIONAIRE]

Sorry folks, I'm sure it won't happen again.

With all due respect, Mayor, can you please stop fucking with us?
This Rosewater business - kidnapped, no, he's just hiding, no, it's my (millionaire BMB's) alter ego... it's exhausting.
And I don't even want to start thinking about reviving that squalid goofy business with our pants...
 

EDIT - This is my post #666. Mean anything?

You're right, I know. I've come to realize I have nothing substantial to contribute.
I'm terribly sorry.

I thought this thread was mostly tea time with some charts in between.

Methinks $10k may take a while to be left behind for good.

Sideways for a few days?

When I read "a while" I was thinking"nah no way". A few days sounds about right though unless mass FOMO kicks early this year.

[BlindMayorBitcorn]

Sorry folks, I'm sure it won't happen again.

With all due respect, Mayor, can you please stop fucking with us?
This Rosewater business - kidnapped, no, he's just hiding, no, it's my (millionaire BMB's) alter ego... it's exhausting.
And I don't even want to start thinking about reviving that squalid goofy business with our pants...
 

EDIT - This is my post #666. Mean anything?

You're right, I know. I've come to realize I have nothing substantial to contribute.
I'm terribly sorry.

I thought this thread was mostly tea time with some charts in between.

It's all fun and games until the price draws back and I have a nervous breakdown.

[d_eddie]

not as good as suchmoon. it's a learning process.
sad edit: don't ride him, man. he's the only mayor we got.

Thank you. I'll try to go easy on the Mayor.
But but but... my pants... uhhh, fk, forget about that. Try to, at least.

Merited for self-celebration anyway 

[BTCMILLIONAIRE]

Sorry folks, I'm sure it won't happen again.

With all due respect, Mayor, can you please stop fucking with us?
This Rosewater business - kidnapped, no, he's just hiding, no, it's my (millionaire BMB's) alter ego... it's exhausting.
And I don't even want to start thinking about reviving that squalid goofy business with our pants...
 

EDIT - This is my post #666. Mean anything?

You're right, I know. I've come to realize I have nothing substantial to contribute.
I'm terribly sorry.

I thought this thread was mostly tea time with some charts in between.

It's all fun and games until the price draws back and I have a nervous breakdown.

This game would suck without the draw backs.

[d_eddie]

...
And I don't even want to start thinking about reviving that squalid goofy business with our pants...

What squalid goofy business with your pants don't you want to revive?

STOP IT!
I'm trying to forget.
It's still grinding my aching gears, as PG would say.

[moneyForjam]

Sorry folks, I'm sure it won't happen again.

With all due respect, Mayor, can you please stop fucking with us?
This Rosewater business - kidnapped, no, he's just hiding, no, it's my (millionaire BMB's) alter ego... it's exhausting.
And I don't even want to start thinking about reviving that squalid goofy business with our pants...
 

EDIT - This is my post #666. Mean anything?

You're right, I know. I've come to realize I have nothing substantial to contribute.
I'm terribly sorry.

I thought this thread was mostly tea time with some charts in between.

It's all fun and games until the price draws back and I have a nervous breakdown.

This game would suck without the draw backs.

just hold the barebacks plz

[BlindMayorBitcorn]

You all got your trouser tokens. Stop your complaining.

[cAPSLOCK]

You all got your trouser tokens. Stop your complaining.

I tried to use my tokens and at the moment all I can get with them are 6 SQ inches of stretch denim and two pocket rivets.

[Last of the V8s]

You all got your trouser tokens. Stop your complaining.

Yeah yeah that was that asset 'signed' by ring-signatures. Talk about shitcoin.

[HairyMaclairy]

Shorts growing and longs decreasing (blue line is net of short / long on BFX).  The record bullishness of the last 48 hours has rapidly faded. Still bullish but cautious.

[BTCMILLIONAIRE]

Shorts growing and longs decreasing (blue line is net of short / long on BFX).  The record bullishness of the last 48 hours has rapidly faded. Still bullish but cautious.

Psychological round number nonsense.

[explorer]

$300 correction that put's us in the doldrums of BTC prices....

Hmm, 3% change is got you worked up, eh?

Look, if you cannot fathom a simple statement as "buy before...." perhaps you should put my puzzling ass on ignore.

It's your reputation for stellar memes that has him confused.  Just stop it with all of these words, and return to your specialty 

[suchmoon]

At what price will FOMO kick in?

I thought that was around $8900. Don't tell me I wasn't supposed to panic and buy back then.

I thought he was referring to the mainstream, not people who have already been in Bitcoin and know more or less how to swing.

Yes, I was referring to the "dumb FOMO $$$"... that will help BTC price shoot past ATH...

I'm quite dumb when it comes to trading... basically this was the only good trade I made. Sold at $9750 and bought back at $8900 although it should have been $14000 and $7000 or better.

Anyways, if there are dumber FOMOers then it's got to start around $11k. When some rag like Coindesk starts publishing "moon imminent" articles.