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

[qwizzie]

Fill your bags boys. This is the moment we all have been waiting for. It is coming. Paper monetary system is on life support since early 2000's. QE's kept him alive for nearly another 20 years and It has come to an end.

And we just got some confirmation yesterday that the market does in fact see us as a safe haven asset. (A lot of people just assume this, I have never felt comfortable just assuming it)

Yep a 500$ increase means that the bulls are in for the fight with the bears and they are showing that they don't want Bitcoin to go down below 7,000$. It will just need one big pump for it to go up again. Right now it is trying to complete a inverse head and shoulder pattern which is a bullish formation if it goes about 7,600$ our first target would be 7,700$- 7,800$ but if it goes down to 7,350$ then this rally would be over.

Looks like the rally is over, or almost over. Be wary of those sneaky bear counter-attacks.

[1714810599]

1714810599

[bitserve]

Fill your bags boys. This is the moment we all have been waiting for. It is coming. Paper monetary system is on life support since early 2000's. QE's kept him alive for nearly another 20 years and It has come to an end.

And we just got some confirmation yesterday that the market does in fact see us as a safe haven asset. (A lot of people just assume this, I have never felt comfortable just assuming it)

Yep a 500$ increase means that the bulls are in for the fight with the bears and they are showing that they don't want Bitcoin to go down below 7,000$. It will just need one big pump for it to go up again. Right now it is trying to complete a inverse head and shoulder pattern which is a bullish formation if it goes about 7,600$ our first target would be 7,700$- 7,800$ but if it goes down to 7,350$ then this rally would be over.

$7348 now.

[greensheep]

Fill your bags boys. This is the moment we all have been waiting for. It is coming. Paper monetary system is on life support since early 2000's. QE's kept him alive for nearly another 20 years and It has come to an end.

And we just got some confirmation yesterday that the market does in fact see us as a safe haven asset. (A lot of people just assume this, I have never felt comfortable just assuming it)

Yep a 500$ increase means that the bulls are in for the fight with the bears and they are showing that they don't want Bitcoin to go down below 7,000$. It will just need one big pump for it to go up again. Right now it is trying to complete a inverse head and shoulder pattern which is a bullish formation if it goes about 7,600$ our first target would be 7,700$- 7,800$ but if it goes down to 7,350$ then this rally would be over.

7335 bluh

[Dakustaking76]

There we go again

Street bloods

Bloodbath everywhere

[Anon136]

Be wary of those sneaky bear counter-attacks.

[OWZ1337]

timberrrrrrrrrrrrrrrrrrrr!!
 

weeeeeeeeeeeeeeeeeeeeeeeeeee

[cAPSLOCK]

Don't be afraid of a cartoon hairstyle!

[infofront]

Quick - everyone act happy so the bears don't come here to gloat and troll.

[Rsiyz]

https://www.xe.com/currencycharts/?from=EUR&to=USD&view=1Y
"Existencial crisis in eu" 
La or koreatown .. yes there is 

[mindrust]

https://www.xe.com/currencycharts/?from=EUR&to=USD&view=1Y
"Existencial crisis in eu"  
La or koreatown .. yes there is  

You are looking at the wrong chart. Wrong time frame  most likely.



This is the one you should be looking at.

This one clearly says what is happening right now. Euro is desperately trying to get away from the USD. Trying to be more valuable than it but it is not (cannot) happening because they are practically the same thing.

When this is over, all will be 1:1. (a straight line)

USD=EUR=POUND=YEN=SWISS FRANC

[RayX12]

https://www.xe.com/currencycharts/?from=EUR&to=USD&view=1Y
"Existencial crisis in eu" 
La or koreatown .. yes there is 

Bitcoin is the answer.  
Grab the last few cheap BTC before the next moon rise.

[BitcoinNewbie15]

Fill your bags boys. This is the moment we all have been waiting for. It is coming. Paper monetary system is on life support since early 2000's. QE's kept him alive for nearly another 20 years and It has come to an end.

And we just got some confirmation yesterday that the market does in fact see us as a safe haven asset. (A lot of people just assume this, I have never felt comfortable just assuming it)

Yep a 500$ increase means that the bulls are in for the fight with the bears and they are showing that they don't want Bitcoin to go down below 7,000$. It will just need one big pump for it to go up again. Right now it is trying to complete a inverse head and shoulder pattern which is a bullish formation if it goes about 7,600$ our first target would be 7,700$- 7,800$ but if it goes down to 7,350$ then this rally would be over.

$7348 now.

So I take it the rally is over. It dropped so quickly, down nearly $200 USD in five minutes. Gotta love BTCs volatility. Pretty sure we are headed for sub $7k possibly sub $6k. I hope I am wrong.

[OWZ1337]

Fill your bags boys. This is the moment we all have been waiting for. It is coming. Paper monetary system is on life support since early 2000's. QE's kept him alive for nearly another 20 years and It has come to an end.

And we just got some confirmation yesterday that the market does in fact see us as a safe haven asset. (A lot of people just assume this, I have never felt comfortable just assuming it)

Yep a 500$ increase means that the bulls are in for the fight with the bears and they are showing that they don't want Bitcoin to go down below 7,000$. It will just need one big pump for it to go up again. Right now it is trying to complete a inverse head and shoulder pattern which is a bullish formation if it goes about 7,600$ our first target would be 7,700$- 7,800$ but if it goes down to 7,350$ then this rally would be over.

$7348 now.

So I take it the rally is over. It dropped so quickly, down nearly $200 USD in five minutes. Gotta love BTCs volatility. Pretty sure we are headed for sub $7k possibly sub $6k. I hope I am wrong.

get you some BTI and watch everything else burn weeeeeeeeeee

===>

https://coincodex.com/crypto/bitcoininstant/

BTI = ORIGINAL BITCOIN!!!!    TO DA MOON!!

[d_eddie]

The spike above 7.6k wasn't too short lived, but it still feels like an ephemeral bull trap. Or is it? The rebound down wasn't too decisive, either. We're still hovering around that 7.2-7.3 area where we've been more or less all the time recently.

Just DON'T POKE her with a stick right now!

[mindrust]

The next 24 months are extremely critical.

You kid, but amusingly enough, I just got back from a meeting with the new local dudes taking over my portfolios since I moved.

((( They ))) are pretty much saying the same thing. The next two years out are looking pretty gloomy according to all the charts, graphs, and shit they rolled out for me to eyeball.

Dude is getting me set up with some senior analysts here to start looking into a possible portfolio rebalance, and we'll see how things pan out.

I'm not worried at all as I'm hedged both ways; both in crypto and fiat, but, seems like it's time to pucker up and possibly get ready for some choppy waters.

You need a third foot. Get some physical gold too.

[d_eddie]

The next 24 months are extremely critical.

You kid, but amusingly enough, I just got back from a meeting with the new local dudes taking over my portfolios since I moved.

((( They ))) are pretty much saying the same thing. The next two years out are looking pretty gloomy according to all the charts, graphs, and shit they rolled out for me to eyeball.

Dude is getting me set up with some senior analysts here to start looking into a possible portfolio rebalance, and we'll see how things pan out.

I'm not worried at all as I'm hedged both ways; both in crypto and fiat, but, seems like it's time to pucker up and possibly get ready for some choppy waters.

You need a third foot. Get some physical gold too.

Yes, probably missing the third foot. I don't think he's THAT well-hung.

[FractalUniverse]

So I take it the rally is over. It dropped so quickly, down nearly $200 USD in five minutes. Gotta love BTCs volatility. Pretty sure we are headed for sub $7k possibly sub $6k. I hope I am wrong.

nah. its just needed small correction of yesterday's rally

..
This one clearly says what is happening right now. Euro is desperately trying to get away from the USD. Trying to be more valuable than it but it is not (cannot) happening because they are practically the same thing.

When this is over, all will be 1:1. (a straight line)

USD=EUR=POUND=YEN=SWISS FRANC

When this is over, there might be no euro

get you some shitcoin and watch everything else burn weeeeeeeeeee

peee pee

[Karartma1]

I knew Bart Simpson would come up again: how long before this game will be over? Place your bets

[RejectedBanana]

Bears are running out of steam.

Small time retail bulls are sidelined, waiting for a clear bull run for re-entry. (Pump up the volume, yo.)

Idiots are spooked and distracted by the cloud and stink of short-lived shitcoins buzzing around honey-badger's napping bunghole.

Meanwhile, OTC is going nuts. Big boys are slurping up everything they can. Institutions are on the verge of testing the waters. Established and regulated global exchanges are just starting to set up crypto shop. Custody solutions are popping up left and right.  

Remember, custody was the primary restraint/complaint from the SEC regarding ETFs. There is less and less for them to whine about every day.

Most of the action is taking place behind the scenes right now. The usual retail exchanges are becoming less and less relevant. Even Binance and Bitstamp may become the Netscapes and Yahoos of the future. Poloniex, Monex, BitTrade have already been acquired.

Brace yourselves. The herd is coming.

Goldman Crypto Trading Desk Opening End June (Derivatives)

Brazil largest investment company opening OTC Bitcoin exchange (XDEX)

Canadian OTC Trading is Spiking, India next?

BitGo offering Custody solution

BitGo granted NY BitLicense

Coinbase +50% with Institutional Custody Products?

[Ibian]

https://www.zerohedge.com/news/2018-05-29/everything-has-gone-wrong-soros-warns-major-financial-crisis-coming

“The EU is in an existential crisis. Everything that could go wrong has gone wrong.”
"The strength of the dollar is already precipitating a flight from emerging-market currencies. We may be heading for another major financial crisis." -George SOROS

Fill your bags boys. This is the moment we all have been waiting for. It is coming. Paper monetary system is on life support since early 2000's. QE's kept him alive for nearly another 20 years and It has come to an end.

The next 24 months are extremely critical.

2020 is the estimated year some of us came up with for the So Obvious The Muggles Can't Pretend to Ignore It event. Something that has been brewing for decades will happen, and Trump, the far right extremist president who stole the election, will be blamed.

The next few years are indeed extremely critical. We will either change the turning of the wheel of history, or repeat the cycle.