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

[HairyMaclairy]

What do the Wall St Observer guys think of this?

https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a

Bitcoin being suppressed by cartel

[1715148699]

1715148699

[1715148699]

1715148699

[lightfoot]

Pump baby, PUMP!

[lightfoot]

1% of my wealth is a peanut and some questionable deli meat.

It wasn't that long ago when a good chunk of my net worth depended on the amount of gas in my car....

[Bitcoinaire]

Is this considered a weekend pump?

[lightfoot]

Possibly.

[Bitcoinaire]

**cracks open another coors light**

[lightfoot]

*cracks open another tank of Nitrous*

[HairyMaclairy]

I copped some slight heat for calling a local bottom yesterday.  But I think the thesis still stands with a local target of $7200 - $7300.  Then pucker.  

Update - still calling for a local target of $7200, to be followed by a burning sensation.

[Searing]

I’m no longer sure I want to be part of the 1%.



I've been through the desert on a horse with no name.

Would it not be nice to see something like from where we were to 6k ....then go to 7k...meander a month or two ..then 8k...just kinda plug along 1k every  2 or 3 months

would be the first time BTC would show the 'illusion' of normalcy IMHO....(ah. if wishes were fishes..we'd all be wet!)

[realr0ach]

American hogslut brainwashed by Jewish Marxism wishes for the destruction of white people; is then murdered by illegal alien:

https://dailystormer.name/lol-dreamer-murders-childless-slut-that-tweeted-i-hate-white-people/

[JayJuanGee]

Well we had an "okayish" day yesterday, which means that we are basically doing red green green red green and all at the same range 6200 - 6500 so now please let's break the 7k price... because I am getting a little tired of these candles, I hope we will overtake 6800 by tonight, or at least settle above 6600.

CONGRATULATIONS!!!!!!!!!!


Your "hope" has come true.

[JayJuanGee]

The market's not reacting to anybloodything. Sideways 'price action' for a fortnight. Nobody wants to buy it. Nobody wants to sell it.
Much more money to be made trading legacy.

You are starting to sound like rosewater.

The implication being that, because rosewater is so smart, you are starting to sound so smart, too.

Thanks for noticing Jay.

Something like that.     

[JayJuanGee]

So we've had a quadruple bottom in the 6000-5700 range since the ATH.

Who else (beside me) is still unconvinced this is a solid support?

Surely, it is NOT a bad situation to be in.  

We had nearly an 80x price appreciation between late 2015 and late 2016 and then we had about a 2/3rds correction that caused BTC prices to bounce back and forth down to the lower end of the range for more than 6 months...   And by the way, even the bottom of the correction seems to have allowed more than 20x price appreciation from 2015... NOT a bad place to be, even though my portfolio is not at 20x, and it is more in the 8x arena...

Price could go lower, but surely not a bad place to be... and not even clear that bearwhales can bring the price lower than it's approximate $5,777 most recent bottom... even if they try harder.

Indeed today feels a little bit like June 7...

Of course, down hopium is going to say that.

[realr0ach]

hopium

[JayJuanGee]

Mmm opening WO, and first thing to see Just an Arrow UP thats what i like

Not only an arrow up but the ONLY option.

 And now with the call light on - which I thought was important.  I also used #FF9900 as the base colour - which is Bitcoin orange. 
CCMF!!!

Wouldn't it be nicer with a translucent bitcoin logo in the middle of the orange?

[theforceht]

[STT]

Are the lines moving averages, reminds me of options traders marking off the waves of volatility in relation to daily price movements.  

Would it not be nice to see something like from where we were to 6k ....then go to 7k...meander a month or two ..then 8k...just kinda plug along 1k every  2 or 3 months

would be the first time BTC would show the 'illusion' of normalcy IMHO....(ah. if wishes were fishes..we'd all be wet!)

BTC as norm  
The funny thing is if price goes 6500 flat from here to till year end, people might think this pretty poor but the guys in the back rooms would be very happy at such stability and underlying businesses would surely benefit from price stability.  
Just a small slow appreciation could be the best case for all parties.   I dont really believe in such ideals, but boring can be very good really; if everyone were bored for the next year we'd all miss the silent positive to that.  People look at prices too much and focus on the near term as well when overall BTC at any current level is still well beyond what I perceived start of 2017.

  If we are taking value exchanging without pause in a global market already swamped with varying factors then the price being fairly steady is a big plus.      I imagine we breakout and resume the rollercoaster tbh, speculators would be sad if we didnt.



Current price action since about mid August has been buoyant looking back, vs 8 day average only brief dips below have occurred and mostly we have been floating on top with a current rise above 6500.  I'd say we maintained a good level of gloom in reaction while doing very little, I guess thats bullish.

I want to say the target price should be upside of 7316 because BTC does that, it goes places but if we keep the current sensible stage ongoing then 50 day moving average is a fair place for it to find resistance and it did that just a few days ago so thats the more bearish scenario to peak and fall back, resume gloom though as said its not really done anything for a while.

[realr0ach]

Since all of you people's charts are garbage, we will now use Nostradamus quatrains to predict the future in this thread.

First prediction:  Fiats, bonds, and other forms of scrip (probably includes shitcoins) will all go to zero and physical metals will reign supreme

Cent 8, Quatrain 28
The copies of gold and silver inflated,
which after the theft were thrown into the lake,
at the discovery that all is exhausted and dissipated by the debt.
All scripts and bonds will be wiped out.


Second prediction:  The Marxist Jews occupying the US govt attempting to start a war against Russia will cause pestilence (somewhere - clarified in next quatrain) one year later.

Cent 9, Quatrain 55
The horrible war which is being prepared in the West
The following year will come the pestilence
So very horrible that young, old, nor beast, 
Blood, fire Mercury, Mars, Jupiter in France.


Third prediction:  Jews will be completely destroyed

Cent 1, Quatrain 91
The Gods will make it appear to mankind
that they are the authors of a great war.
Before the sky was seen to be free of weapons and spears
the greatest damage will be inflicted on the left.

[El duderino_]

i didn't saw this one yet .... i always like collectibles

[El duderino_]

so maybe the rumours are true of a WEEKEND PUMP .