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

[rjclarke2000]

So where will the price be in the next 12 hours? Above 10k or we going back down?

Oh oh crystal ball, waht u b   tellin    me?
 




Oh you can see that I am not really looking into the crystal ball, I am looking at you.  hahahahaha

You’ve been in this forum for too long. Maybe get some sleep JJG? Just an idea!

[rjclarke2000]

So where will the price be in the next 12 hours? Above 10k or we going back down?

above. but not above 10.2-10.3k resistance

I’ll take a contrarian view and say we will retest $9k within 48 hours.  But I’m not inclined to make trades during bull markets. Too easy to be left behind.

This just a gut feeling or applying TA? I think a retest is realistic

[Last of the V8s]

So where will the price be in the next 12 hours? Above 10k or we going back down?

above. but not above 10.2-10.3k resistance

I’ll take a contrarian view and say we will retest $9k within 48 hours.  But I’m not inclined to make trades during bull markets. Too easy to be left behind.

Cool. Certainly not a good moment for traders. Maybe both can happen.
Mine was based on a very early stage interpretation of 'what Tone might say'.
as with this effort, which, bar one little tiny word, 'under', was, well let's see. 'flirting with' goddammit

the 4hr and 1d candles are exhausted. rocket refuelling. flirting under 10k all weekend. relaunch Monday a.m.

[HairyMaclairy]

So where will the price be in the next 12 hours? Above 10k or we going back down?

above. but not above 10.2-10.3k resistance

I’ll take a contrarian view and say we will retest $9k within 48 hours.  But I’m not inclined to make trades during bull markets. Too easy to be left behind.

This just a gut feeling or applying TA? I think a retest is realistic

Men pool activity dropping.   Shorts rising.  Dunno if you want to call that TA.  We are currently bouncing in a rising channel but it’s narrow and fragile imho.  

[HairyMaclairy]

We are currently bouncing in a rising channel but it’s narrow and fragile imho.  

The next 24 hours are critical.

Yes. In that time frame I need to eat at least 3 times and sleep at least once.

[Last of the V8s]

btrash reinvents itself as btrap

[Nosk]

We are currently bouncing in a rising channel but it’s narrow and fragile imho.  

The next 24 hours are critical.

Indeed.
I think, for all the potential buyers out there, I have found the cryptocurrency consulting website we need right now.

http://www.isittimetobuybitcoin.org/

 

[Torque]

We are currently bouncing in a rising channel but it’s narrow and fragile imho.  

The next 24 hours are critical.

Yes. In that time frame I need to eat at least 3 times and sleep at least once.

Don't forget to poop.

[Last of the V8s]

We are currently bouncing in a rising channel but it’s narrow and fragile imho.  

The next 24 hours are critical.

Yes. In that time frame I need to eat at least 3 times and sleep at least once.

Don't forget to poop.

Or to wash.

[conspirosphere.tk]

We are currently bouncing in a rising channel but it’s narrow and fragile imho.  

The next 24 hours are critical.

It's just hitting the ceiling of the red cloud on the 12h chart. We may get a few discounted coins on this weekend, but not so cheap. Once above the cloud going up should be expedited.

[Last of the V8s]

https://twitter.com/TheEllenShow/status/964287117466640389
@TheEllenShow
If you want to know what bitcoin is, I learned about it. A bit.
https://www.youtube.com/watch?v=LS2BMxeHsv8
You know bitcoin is gaining mainstream traction when little boys on the idiot box feign ignorance in order to btfd.

[BTCMILLIONAIRE]

https://twitter.com/TheEllenShow/status/964287117466640389
@TheEllenShow
If you want to know what bitcoin is, I learned about it. A bit.
https://www.youtube.com/watch?v=LS2BMxeHsv8
You know bitcoin is gaining mainstream traction when little boys on the idiot box feign ignorance in order to btfd.

"Either you're going to be a millionaire or you're going to be totally broke."

Considering that most people on this planet are totally broke it should be obvious which course to take.

I'd starve myself just to make sure I could get some if I had to. Supposedly lower calorie intake is correlated with higher life expectancy anyways, so that would be a win/win.

[Torque]

https://twitter.com/TheEllenShow/status/964287117466640389
@TheEllenShow
If you want to know what bitcoin is, I learned about it. A bit.
https://www.youtube.com/watch?v=LS2BMxeHsv8
You know bitcoin is gaining mainstream traction when little boys on the idiot box feign ignorance in order to btfd.

"Either you're going to be a millionaire or you're going to be totally broke."

Considering that most people on this planet are totally broke it should be obvious which course to take.

I'd starve myself just to make sure I could get some if I had to. Supposedly lower calorie intake is correlated with higher life expectancy anyways, so that would be a win/win.

What's really sad, is that the majority of sheeple living in first world countries and still carelessly spending their hard earned money, still don't even know why it's vital just to hedge against inflation. They believe that not building wealth is why they are broke, but never consider that not hedging against inflation after a decade or three is also why they are broke.

If people bought Bitcoin as merely an inflation hedge (i.e., only expecting an avg ~6% gain per year over 5-10 years) instead of trying to "become a millionaire" they'd be much better off than not buying any at all.

[BTCMILLIONAIRE]

https://twitter.com/TheEllenShow/status/964287117466640389
@TheEllenShow
If you want to know what bitcoin is, I learned about it. A bit.
https://www.youtube.com/watch?v=LS2BMxeHsv8
You know bitcoin is gaining mainstream traction when little boys on the idiot box feign ignorance in order to btfd.

"Either you're going to be a millionaire or you're going to be totally broke."

Considering that most people on this planet are totally broke it should be obvious which course to take.

I'd starve myself just to make sure I could get some if I had to. Supposedly lower calorie intake is correlated with higher life expectancy anyways, so that would be a win/win.

What's really sad, is that the majority of sheeple living in first world countries and still carelessly spending their hard earned money, still don't even know why it's vital just to hedge against inflation. They believe that not building wealth is why they are broke, but never consider that not hedging against inflation after a decade or three is also why they are broke.

If people bought Bitcoin as merely an inflation hedge (i.e., only expecting an avg ~6% gain per year) instead of trying to "become a millionaire" they'd be much better off than not buying any at all.

It's also quite sad that financial literacy isn't being taught in schools, not even electively. And it could be easily taught in playful ways that anybody could pick up on too.


Sometimes I seriously wonder if people have some unconscious desire to be poor and mediocre. I just cannot fathom how somebody could wish to be more than they are without trying to work towards that goal with even the tiniest increments.

[Torque]

It's also quite sad that financial literacy isn't being taught in schools, not even electively. And it could be easily taught in playful ways that anybody could pick up on too.

Agreed. But along with basic financial literacy coursework, the book "Rich Dad Poor Dad" should be required reading.

Sometimes I seriously wonder if people have some unconscious desire to be poor and mediocre. I just cannot fathom how somebody could wish to be more than they are without trying to work towards that goal with even the tiniest increments.

People think their careers will save them, that they will never end and their wages will always be increasing to take care of their current and future debts.

Until their career doesn't.

[Flamaicon]

We are currently bouncing in a rising channel but it’s narrow and fragile imho.  

The next 24 hours are critical.

It's just hitting the ceiling of the red cloud on the 12h chart. We may get a few discounted coins on this weekend, but not so cheap. Once above the cloud going up should be expedited.

Agree.
Will grow fast from this point

[BTCMILLIONAIRE]

Agreed. But along with basic financial literacy coursework, the book "Rich Dad Poor Dad" should be required reading.

Just looked it up, saw a couple videos of the author on YT some time back. They were pretty much all spot on.

People think their careers will save them, that they will never end and their wages will always be increasing to take care of their current and future debts.

Until their career doesn't.

That's also something that I don't understand though. I don't expect anything to ever go right without my personal intervention so I'm always on the lookout for something that I could do better. Heck, even with my degree and skills I wouldn't trust a job in ML/Stats to last for the next 10-20 years without picking up a lot of extra skills along the way. Things move way too fast, especially now. And then there's always the little twats that play those bullshit games that could stunt your progress in a company and end up costing you years of your life in terms of advancing forward.
It just seems to be the most sensible to make sure that the worst case scenario in one's life (force majeure type events excluded) would be the minimum that one would consider passable as a living standard. Yet people keep demanding to be spoon-fed that standard without actively pursuing it.
Almost makes me wish that natural selection weeded them out, but then we'd have no worker ants, so maybe they're just necessary the way they are? Life's weird.

[Torque]

Just looked it up, saw a couple videos of the author on YT some time back. They were pretty much all spot on.

Free pdf version. Happy reading!
http://www.lequydonhanoi.edu.vn/upload_images/S%C3%A1ch%20ngo%E1%BA%A1i%20ng%E1%BB%AF/Rich%20Dad%20Poor%20Dad.pdf

https://twitter.com/TheEllenShow/status/964287117466640389
@TheEllenShow
If you want to know what bitcoin is, I learned about it. A bit.
https://www.youtube.com/watch?v=LS2BMxeHsv8
You know bitcoin is gaining mainstream traction when little boys on the idiot box feign ignorance in order to btfd.

Btw, that video reminds me so much of this one:
https://www.youtube.com/watch?v=UlJku_CSyNg

Did we just have our normie entertainer "aha" moment?  

[Icygreen]

Yer nailin' it today Torque. I'm with ya. Thought about copying it for some family members.

[d_eddie]

It's also quite sad that financial literacy isn't being taught in schools, not even electively. And it could be easily taught in playful ways that anybody could pick up on too.

Agreed. But along with basic financial literacy coursework, the book "Rich Dad Poor Dad" should be required reading.

Great book. I like your reads!