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

[bones261]

[Jennifer_Elam]

I see a pretty good resistance at the 6700 level...

The .618 fib on the daily:

https://image.ibb.co/evA16K/shot1.jpg

and the 100% fib extension on the hourly from the start of the the reaction:

https://preview.ibb.co/dAxW6K/shot2.png

with some healthy momentum building on the 1H

Could be sign of turnaround?

[mymenace]

Global monetary policy ramping up - Iran, Brics, Central Banks, Brexit, European Council (Shills), Gold, Digital Currency, tax etc

Bitcoin is set for a revolution

With acceptance of all things comes arrests and jail to ensure the new revolution is handled appropriately, history repeats

Who will flip, who will disappear, who will suicide and more importantly who will survive

The effects on bitcoin are already evident $1000 swings and a TA out the window.

Buckle up, ride the wave and party on dudes

[realr0ach]

Could be sign of turnaround?

The only turnaround is when the fiat 2.0, imaginary, valueless, digital scamcoin fad dies and people refuse to accept anything but physical metals for payment for anything.  Not fiats, not shitcoins, actual money.

Bitcoin - The official currency of barcoded cattle (TM)

[ToTheMoon_XOM9IK]

[fragout]

Think of it this way.  We are part of the way down wave 4.  Wave 4 is a fucking doozy that could last into 2019 but it also leads to the bottom of this bear cycle, in the desert of despair.  

2014 - 2015 wave cycle


2018 wave cycle to date


Wide shot showing both 2014 and 2018 cycles

Why did you start wave one a step later on this cycle than you did on the 2014 chart?
Looks to me if history repeats that we are on wave 5

[HairyMaclairy]

Also sold to pick up a Porsche, but that's about it.

What did you get if you don’t mind my asking?  I keep looking at the used ads but I’m not pulling the trigger yet. 

[El duderino_]

last year october-november there were rockets and ... @6000  

[El duderino_]

I could be a bit early but I'm feeling the BTFD territory starting to engage.

and when bought the dip

[becoin]

Thank you for the cheap coins whoever dumps during the weekends. Appreciated as always.

[Majormax]

With these super low prices we may need to shut down the blockchain.

Fortunately they released Satoshi's alert key.

Time to trigger the shutdown switch? Or might things turn around?

I'm scared.

Help.

Relax. The prices are still good. Rewind one year and $6000 seemed like moon. Charts mean little, because they can be interpreted any way you wish. I can feel the replay of 2014-15 in all the emotions, remembering clearly the daily twists and turns, and it is tracking closely.

Don't get scared until sub $3000. The bounce will be good, it just isn't near yet.

Alternatively don't watch for a year or so, it will be easier on your stress levels.

[El duderino_]

With these super low prices we may need to shut down the blockchain.

Fortunately they released Satoshi's alert key.

Time to trigger the shutdown switch? Or might things turn around?

I'm scared.

Help.

Relax. The prices are still good. Rewind one year and $6000 seemed like moon. Charts mean, because they can be interpreted any way you wish. I can feel the replay of 2014-15 in all the emotions, remembering clearly the daily twists and turns, and it is tracking closely.

Don't get scared until sub $3000. The bounce will be good, it just isn't near yet.

Alternatively don't watch for a year or so, it will be easier on your stress levels.

LOL thats the most easy to say don't watch for a year  
but the NR1 most difficult to do ......... or go live on an island alone ?

just live with it and know thats its just the way it works..... but  think it is more of a joke if it is seriously meant.....

and yes spread some new cheap coins for hodlers that knows what to do with it, only fools selling right now  

[Rosewater Foundation]

Rewind one year and $6000 seemed like moon.

Just don't rewind 6 months. Make sure to cherry pick the right timeline.

Don't get scared until sub $3000.

$3000 is nonsense. Pass it on.

[Majormax]

Rewind one year and $6000 seemed like moon.

Just don't rewind 6 months ago. Make sure to cherry pick the right timeline.

Don't get scared until sub $3000.

$3000 is nonsense. Pass it on.

It is even more optimistic to rewind 18 months (to $1000), and the uptrend is still showing as very strong. In fact take any price point more than 10 months ago.  My point is that the price can come back to sub $3000 without breaking the long term uptrend.

Looking back to the peak price is too discouraging.

[mindrust]

Rewind one year and $6000 seemed like moon.

Just don't rewind 6 months ago. Make sure to cherry pick the right timeline.

Don't get scared until sub $3000.

$3000 is nonsense. Pass it on.

$3000 is nonsense but somehow I still want it to happen. (Even though I purchased shit ton above $7k levels.) $3000 would be a butchery no no genocide and I would even pay to watch it.





Of course I know It'll go back up and even surpass the December highs after a shitshow like this. That's why I'd like to watch it. I fucking saw it before and I had no bitcoins at that time. I want to experience the same thing you all did back in the day.

[Rosewater Foundation]

Looking back to the peak price is too discouraging.

I heard that.

I want to experience the same thing

You're livin' in the past, man!

[HairyMaclairy]

Why did you start wave one a step later on this cycle than you did on the 2014 chart?
Looks to me if history repeats that we are on wave 5

It’s a fair comment.  There are a number of ways to interpret the waves.  For me it is important to line up the 2014 August peak with what appears to be the 2018 August peak.  

[HairyMaclairy]

Looking back to the peak price is too discouraging.

I heard that.

I want to experience the same thing

You're livin' in the past, man!

I didn’t get any work done for about two months.  It was bad man.  

LOL thats the most easy to say don't watch for a year  
but the NR1 most difficult to do ......... or go live on an island alone ?

And I didn’t post anything here from June 2014 to June 2016 so I went into a deep Bitcoin hibernation. 

[Rosewater Foundation]

Hurricane Carolina blew a new roof onto my house, then it blew away. It was a scene.

[Rosewater Foundation]

genocide and I would even pay to watch it.

Cozy up to r0ach. He's got season tickets to the next genocide.