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

[Anon136]

I can’t read charts and don’t know why Bitcoin is still going down?
I don’t have plans to sell any yet but would be grateful if peeps on here might have some clue as to when we will be trending back up??
That way I can stop checking the price until then. (Ostrich with his head in the sand until all this bearishness blows over).

I can try my best. So there are several different lines of support. 7500 is the previous high before the monster rally so that will probably be first. Next is the recent swing low of 6000. Then you have 2 highs ago that never got tested. That was at about 5000. The final line of support is the high at about 1300 from early march of last year. So hopefully one of these will arrest the decline. The question is which. I think the resistance will be very strong at 6000. Are there still people out there interested in bitcoin? Are there greedy people still on the sideline? Is 6000 going to look like an enticing price to them? I think yes. Anyway I'm not going to try to catch a falling knife myself. I will probably just watch and wait for some signs of a recovery before I buy back in.

[CistaCista]

I still just find it hilarious how all the sheeple keep telling me bitcoin is crashed and burned.

Yet it is at 10x of a year ago.

8x.

[600watt]

anyone issues with kraken right now? I get all kinds of stupid errors when tryin to log in. 

[jojo69]

having an account on kraken...beg pardon, but I see your stupid error

edit/  OMG, I am Legendary!

account hack in 3...2...

[Lopumbo]

anyone issues with kraken right now? I get all kinds of stupid errors when tryin to log in. 

kraken knows, whats good for you

HODL!

[CistaCista]

anyone issues with kraken right now? I get all kinds of stupid errors when tryin to log in.  

Why would you trade right now  buy at the bottom.

To your question: I can log in from Denmark np.

[bluebits]

Next bounce plays out like the original glade, just scaled down slightly?

Buying/Short Closing Guide:

-Wait for a fall of at least 50-70% off the bounce (4-6k)
-Switch vol to 12hr and look for a spike that recalls Feb 6

Let it run back up to 8.5k

-Wait for a fall of at least 50-70%
-Enjoy life during 4 years of winter

[600watt]

anyone issues with kraken right now? I get all kinds of stupid errors when tryin to log in.  

Why would you trade right now  buy at the bottom.

To your question: I can log in from Denmark np.

works now. trading? no, just a little panic selling  

[Last of the V8s]

 I am Legendary!

agreed

[Anon136]

edit/  OMG, I am Legendary!

Grats man!

account hack in 3...2...

Use this https://bitcointalk.org/index.php?topic=996318

[starmman]

Next bounce plays out like the original glade, just scaled down slightly?

Buying/Short Closing Guide:

-Wait for a fall of at least 50-70% off the bounce (4-6k)
-Switch vol to 12hr and look for a spike that recalls Feb 6

Let it run back up to 8.5k

-Wait for a fall of at least 50-70%
-Enjoy life during 4 years of winter

Quite a bit of a drop today - didn't check the market for a while - you think its down to the google ads news?

[CistaCista]

anyone issues with kraken right now? I get all kinds of stupid errors when tryin to log in.  

Why would you trade right now  buy at the bottom.

To your question: I can log in from Denmark np.

works now. trading? no, just a little panic selling  

noooooooooooooo.

[jojo69]

agreed

too kind, too kind

what? an autograph?  why certainly dear boy...I'm working on my memoirs you know, terribly interesting

well, must dash, tea with the queen, mustn't be late , pip pip

[cAPSLOCK]

Today I'm assuming this dump is due to Google banning crypto-related ads. Things will calm down soon, as usual.

You know.. one thing I have not seen mentioned, though it may have been...

Bitcoin does not have an advertising budget.

Dash does...  So do lot's of shills and scammers.

Think about that a little.

[Anon136]

Today I'm assuming this dump is due to Google banning crypto-related ads. Things will calm down soon, as usual.

You know.. one thing I have not seen mentioned, though it may have been...

Bitcoin does not have an advertising budget.

Dash does...  So do lot's of shills and scammers.

Think about that a little.

I feel bad. I give all of my merit to like the same 5 guys... But it's just always the same 5 guys that end up saying the things that are actually insightful that hadn't occurred to me... Pareto principle I guess.

[Last of the V8s]

agreed

too kind, too kind

what? an autograph?  why certainly dear boy...I'm working on my memoirs you know, terribly interesting

well, must dash, tea with the queen, mustn't be late , pip pip

jolly good show. don't forget to take a brolly

[600watt]

bitcoin dominance is at 42 per cent.

THE answer.

[Anon136]

bitcoin dominance is at 42 per cent.

THE answer.

Is there like a chart somewhere for this? Can you link?

[Vlada69]

bitcoin dominance is at 42 per cent.

THE answer.

Is there like a chart somewhere for this? Can you link?

Bitcoin market cap/Global coins market cap*100

[Raja_MBZ]

bitcoin dominance is at 42 per cent.

THE answer.

Is there like a chart somewhere for this? Can you link?

https://coinmarketcap.com/charts/#dominance-percentage