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

[JayJuanGee]

Even in the brightest and clearest of days, searing can manage to spot a cloud or two.   

If this thing goes tulips Searing has agreed to let me live in his cupboard. True story.

I imagine that Searing has cupboards that are nicer than the houses of many folks, so you would be in quite nice dwellings, there.

[HairyMaclairy]

Even in the brightest and clearest of days, searing can manage to spot a cloud or two.  

If this thing goes tulips Searing has agreed to let me live in his cupboard. True story.

Is it the cupboard under the stairs?

[Rosewater Foundation]

I don't want anything fancy.

Bob: They really do investigate your ass very thoroughly. There are special x-ray chairs now.

[d_eddie]

The price of BTC is creeping up IMHO on the off chance that the SEC will approve the 'top heavy for the rich' ETF next month

https://bitcoinist.com/3-reasons-sec-bitcoin-etf-next-month/

... or is it really BlackRock, as some sources in the MSM say? If they're really checking out Bitcoin, as the rumor goes, we can bet our collective asses that we're due for another plunge. It's Conspiracy 101: they like their coins cheap.

The danger is, if that does NOT go thru...the price, again IMHO, will dump below 6k again
be cautious
brad

This applies even if it indeed BlackRock. Not that it matters that much.

[Anon136]

Did you have to screen shot it to make that?

I don't want anything fancy.

Bob: They really do investigate your ass very thoroughly. There are special x-ray chairs now.

https://quotefrom.me/previous

[El duderino_]

^^


WHICH one gotta wear tomorrow ?

I guess its the BULL head today cheers 

For some reason, I don't like the colors of those hats.

Perhaps I am brainwashed?

bought this one as wel just in case .....

   

[HairyMaclairy]

Don’t say it. It’s a trap.

[Rosewater Foundation]

https://quotefrom.me/previous

Money well spent 

[RejectedBanana]

The daily 200 MA is falling pretty steeply these days. At this rate, it won't be much longer until it encounters the 50 MA for a golden cross.

Assuming the 50 MA flattens out around current prices, this would bring us to mid-September-ish. This is how it played out the last time we had a golden cross in 2015: the 200 MA fell to meet a flat 50 MA.

Following a more aggressive 50 MA trend from the recent bottom, it could even happen as early as mid-August-ish.

1 to 2 months. Right around when we expect some ETF news. Who wants to guess the date?

Straight Outta My Ass (tm) TA


Daily 50/200 MA

[Last of the V8s]

It's fine TA. Just a note, a lot of the bots use a 55 MA.



Go to the Golden Cross, have a nice cold pint and wait for this all to blow over

[Last of the V8s]

 
He hides his lightning under a bushel.

[Rosewater Foundation]

Credit where it's due*. I couldn't Lightning my way out of a paper bag. Maybe I should start.

But my skills are entirely other.



*Rosewater gives Anon136 credit, because it's cheaper than sMerits*

[Last of the V8s]

^Thanks, man.
Our emu overlords are benevolent.

[jojo69]

you deserve it man

I'm about to log off for like 2 weeks and I'm really worried I will miss the V8 legendary party

[d_eddie]

6666

[teramit]

Road to 100k has begun!!!

i recomend you my last comment on the topic opened 2 months ago
https://bitcointalk.org/index.php?topic=3326533.msg42297319#msg42297319

[d_eddie]

Road to 100k has begun!!!

i recomend you my last comment on the topic opened 2 months ago
https://bitcointalk.org/index.php?topic=3326533.msg42297319#msg42297319

I went far from the WO thread to read that comment. I was scared out there. I found the post.

Resurgencing topic again because same think is happening, price is rising and everbody is hoping that ti will fly to the moon, yes i think it will fly to the moon but not with this rise, there are some sign of a giant rise and we are far from it now, so what will happen next month is an intermediate loop becoming from mini loops, it may rise to 8-9k then fall to where it starts. As this topic opened nearly nobody believed what i said only %10 of users seems supporting but it was obvious for me just like now. Manipulator is convincing people that price is rising with steep moves, free market can rise but not like this, free market should rise slowly , if it moves steep it is suspicious for me. again alot of people hunting news for an acceptable reason to that rise but it will end just like in july and this time intermediate trend may end in below the last bottom. But for a short time you can enjoy with rise.
 If you wonder how a giant rise come it simply come after volatilty ends and it took months to convince all investors to it will be historic , so dont expect too much thing from volatily.

I fundamentally agree with this view. We're still deep in some big player's games. There's this move away from Bart Simpsons into a slightly different pattern, but it's only apparent on shorter time frames. I'm not sure we are due under 5k, but a steep, grim fall is ahead. We really need some capitulation to call it a night - at least in the form of vanishing volatility.

All strictly SOMA, it goes without saying.

[Torque]

bought this one as wel just in case .....

   

Mic, what type of scooter? Vespa?

[JayJuanGee]

Road to 100k has begun!!!

i recomend you my last comment on the topic opened 2 months ago
https://bitcointalk.org/index.php?topic=3326533.msg42297319#msg42297319

I went far from the WO thread to read that comment. I was scared out there. I found the post.

Resurgencing topic again because same think is happening, price is rising and everbody is hoping that ti will fly to the moon, yes i think it will fly to the moon but not with this rise, there are some sign of a giant rise and we are far from it now, so what will happen next month is an intermediate loop becoming from mini loops, it may rise to 8-9k then fall to where it starts. As this topic opened nearly nobody believed what i said only %10 of users seems supporting but it was obvious for me just like now. Manipulator is convincing people that price is rising with steep moves, free market can rise but not like this, free market should rise slowly , if it moves steep it is suspicious for me. again alot of people hunting news for an acceptable reason to that rise but it will end just like in july and this time intermediate trend may end in below the last bottom. But for a short time you can enjoy with rise.
 If you wonder how a giant rise come it simply come after volatilty ends and it took months to convince all investors to it will be historic , so dont expect too much thing from volatily.

I fundamentally agree with this view. We're still deep in some big player's games. There's this move away from Bart Simpsons into a slightly different pattern, but it's only apparent on shorter time frames. I'm not sure we are due under 5k, but a steep, grim fall is ahead. We really need some capitulation to call it a night - at least in the form of vanishing volatility.

All strictly SOMA, it goes without saying.

I agree with an assessment that consolidation tends to be accompanied by decreasing volatility, but in the end, we cannot ever really know how long the consolidation period is going to last and at what point the price is going to be pushed out of the consolidation range - so in that sense nothing is inevitable in bitcoin whether we are talking about a need for a deep correction or some other suggested "needed" BTC price/performance path.

[JayJuanGee]

Gratz on heroing, Hairy! I've missed the exact post - too much going on too fast here.

Thanks Eddie.  I need to acknowledge Bones, Infofront and JJG for pushing me through the 500 merit barrier.

Actually, I can only speak for myself, but when it comes to meriting posts such as yours, or d_eddie's and perhaps a few other WO regulars, I find it relatively easy to click on that merit button (and I gotta hold myself back so I don't run out) - because even though you deviate somewhat from the "buy on the way down and sell on the way up" preferred practice that I espouse, your explanation and even backing up of your theories and practices - seems to be quite a legitimate alternative approach that is both an attempt to tailor a system to your own needs, but also presented in a way that other readers of WO thread may be able to profit from your sharing of your thoughts.

Yes, I understand that thoughts tend to be a moving target, and sometimes not easy to present some of the ideas while wading throgh the trolls without getting pissed off at folks who present differing views, especially in times of considerable BTC price movements - which also seem to be one of the most inevitable things in bitcoin...