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

[PoolMinor]

I feel this dip won't be that strong but I do believe there will be a run to around ~13K before the long cold real bear market. My bottom price prediction is nearer to ~6500 for the very near future. by June 10

Care to explain your basis for such wide spreads ?

Since the bubble, we've been trading largely into a corner with lower highs and higher lows. That would suggest that we'll break out in one direction or the other, but not one first, then reverse all the way back beyond the lowest low. If it broke out up to your 13k level we'd have by then have had many successful retests of the 6500 support.

The "long cold bear market" of 2014/15 happened because there was no shoulder support for the December 2013 peak as there is now. It therefore had to retrace all the way back to the April 2013 266 high to find support.

[jojo69]

all those nights I could have been playing Call of Duty instead of mining

a life wasted

[cofefeGandalf]

So... this means I have to start thinking about making an actual career and stuff?

Ssssshhhhhhh don't say such horrible things! [it's-fine-gif]

[4rt3m]

If I would be a Lamborghini dealer, I would call the clients with pre-orders right now, just to check if they changed their mind.  

[infofront]

Hopefully, a triple bottom will brighten everyone's day.

[BitcoinNewbie15]

Hopefully, a triple bottom will brighten everyone's day.

[bones261]

I'm sorry, but these BTC market bottoms look more like this to me:

[4rt3m]

Hopefully, a triple bottom will brighten everyone's day.

Week later:

[Toxic2040]

my baby fits me like a flesh tuxedo

+1 WOsMerit

I am unsure what this means..but I like it and think its worth merit.

Honestly the more I watch this thread the less I trust charts it's all about random ass fucking spikes up and down.

You're entitled to your opinion.  Just as I'm entitled to continue posting my charts.  After all, this is a forum for, "BTC/USD - Bitcoin price movement tracking & discussion"

Indeed.  Learning to use something like this might be appreciated I am thinking..ymmv.  [img width=?]  ffs smaller charts please..

i am to not a TA kind of guy cause just don't understand it ......when i see the drawings with an uptrend ending i enjoy them offcourse ....
but as its going DOUG POLK bet is not looking very good     

Gotta keep the faith dude..keep the faith. It aint over till its over.
TA is like your 80's internet connection..most of the time it worked, but when you really wanted it..guess what..it was out or slow as heck. 

Hopefully, a triple bottom will brighten everyone's day.

+1 WOsMerit

Quite brighter now...ty.
I do have a pressing question however..  I believe we need to have these particular bottoms quantified and rated from left to right..what say you gentlemen?

For me..I have to say I appreciate the one on the far right the most..  Not sure if its that smile that accompanies it or the slight knock knee'edness...

[Vlada69]

Maybe if info is willing to change thread name to bottom loverz

[Anon136]

what price does tone win his bet?

[bones261]

what price does tone win his bet?

$5,999.99 https://twitter.com/DougPolkPoker/status/993581533012283393

[blacky90]

you guys think we will drop below 6k?

[Anon136]

what price does tone win his bet?

$5,999.99 https://twitter.com/DougPolkPoker/status/993581533012283393

Not looking good for Polk.

you guys think we will drop below 6k?

Maybe a bit but I think we are going to see a triple bottom followed by stabilization then slow growth.

[4rt3m]

you guys think we will drop below 6k?

[RayX12]

Hopefully, a triple bottom will brighten everyone's day.

Absolutely!  Loving the bottoms.. running out of cash.

[d_eddie]

(snip)

EDIT2: For science.

As bold as required of the character - or online persona, as someone would say.

[bitserve]

Well, all the buy orders I had left behind in the past have now been executed. Wonder if I should just spend all the (little) remaining fiat in the exchanges or just wait a bit more.... decisions, decisions.

[HairyMaclairy]

We do seem to be tracking frightfully close to the accelerated 2014 model.

[Anon136]

Indeed.  Learning to use something like this might be appreciated I am thinking..ymmv.  [img width=?]  ffs smaller charts please..

I've never known how to control the image size.  I suppose I'll go back to a previous post of mine with an image to see if I can LEARN to reduce it.

Just quote someone else who has done it to see how they did it. But spoiler alert:

Code:

[img width=100][/img]