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

[El duderino_]

24777

28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK    for the few remaining

Kinda looks like the 2019 folk have a shot, me not so much (Oct 18th) (was in 2013 day I got my KNC Jupiter ASIC miner up)

? Oct 10th
You waren’t there.....? But yeah would be difficult to win anyway @october 10th 

[HairyMaclairy]

Early indications volume may have bottomed

[JayJuanGee]

24777

28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK    for the few remaining

Kinda looks like the 2019 folk have a shot, me not so much (Oct 18th) (was in 2013 day I got my KNC Jupiter ASIC miner up)

? Oct 10th
You waren’t there.....? But yeah would be difficult to win anyway @october 10th  

What year?

Probably the best case scenario, now (absent some ETF approval, which I am presuming is not going to happen within the next year and a half) would be to get to $24,777 by May or June (causing gentlemand to be the winner), although I might even have to back-track my own sense of what would be a "best case scenario" within our current circumstances.  

Historically, Bitcoin has had several pumps of 3x and even 10x in less than a few months - but seems that there has to be some kind of precipitating triggering event that would cause such an extreme (besides coiling and building up pressures), no?  We cannot just bounce out of this current consolidation range without at least a few back tracking before the next BIG pump is ready, right?  

Seems most reasonable that getting past $10k would not likely to be easy, then breaking above $16k would also be a bit of a journey of corrections along the way.

I would like to be wrong and see $24,777 in the new year's time frame, which even more explosive price move upwards and more bullish than bullish scenario would cause Spaceman_Spiff_Original to be the winner.

[kirreev070]

[Resumean]

[crypmike]

wow. my 1000th post. pride.

Upd (for the history):

[HairyMaclairy]

We need to bounce off the lower boundary on solid volume.  If we break through the lower boundary we will probably gap down at least a couple hundred dollars.

[crypmike]

https://twitter.com/Lomacrypto/status/1044058408922435584

Wyckoff stuff always has seemed overly convoluted to me, but I gotta admit, that is a pretty strong match.

Yes..... but what comes next?  UP, DOWN or SIDEWAYS?

Seems like UP
Also, it is confirmed by this:

Expect a continuation of the bullish movement

SHORTS amount decreased a lot despite on the falling past 3 days market
Probably MM prepares something

Also, a daily MA50 retest is nice

I'm quite bullish until 6400 level breakout

[crypmike]

We need to bounce off the lower boundary on solid volume.  If we break through the lower boundary we will probably gap down at least a couple hundred dollars.

If the volume is small it means that sales are low...
maybe this is VSA sales test

[HairyMaclairy]

VSA?

[crypmike]

VSA?

Volume Spread Analysis

[criptix]

He we go, hello 6.4  

100x short on bitmex 

[HairyMaclairy]

Resistance being tested ~ $6530

Edit:  We are just not seeing good defence of the $6500 line.  Sad.

[ThePunisher49X]

BTC Just broke the 200 EMA.
Lets see what it can do.
The bulls are pushing hard to keep it up but the money will run out.

[d_eddie]

Resistance being tested ~ $6530

Edit:  We are just not seeing good defence of the $6500 line.  Sad.

Yes we're going down. I wasn't expecting anything different for the new week, but I was hoping for a slightly more sizable run up before that.

He we go, hello 6.4  

100x short on bitmex  

My underleveraged short (< 1x) will be in the green soon.

Each time I close a short, the following high is lower. This makes me more and more cautious about opening a new short, but I did quite well to date. I'll be happy to pay when we break out of this pattern and the bull run starts.

[Searing]

24777

28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK    for the few remaining

Kinda looks like the 2019 folk have a shot, me not so much (Oct 18th) (was in 2013 day I got my KNC Jupiter ASIC miner up)

? Oct 10th
You waren’t there.....? But yeah would be difficult to win anyway @october 10th 

oops..previous list (see below) I was sooooooooo optimistic

12288

11/09/2018 Dakustaking76
20/09/2018 Digigami
22/09/2018 Agapios
26/09/2018 itod
30/09/2018 DeathAngel
12/10/2018 IntroVert
15/10/2018 explorer
18/10/2018 Searing
26/10/2018 kurious
09/11/2018 fabiorem
15/11/2018 bitserve
20/11/2018 Globb0
22/11/2018 Last of the V8s
01/12/2018 Alexander_Z
07/03/2019 CoinCube
15/04/2019 Spaceman_Spiff_Original
20/06/2019 bitebits
13/12/2019 nikauforest
10/04/2020 yefi
05/09/2020 samson   
23/06/2021 fortune143 

getting shorter again ........           

alas, I never win any of these kinda things...always the lemming stuck in the middle of the pack....

[d_eddie]

BTC Just broke the 200 EMA.
Lets see what it can do.
The bulls are pushing hard to keep it up but the money will run out.

It's possible that the money will run out for this round indeed.

However, give it some time. Wait for the apparent trend to invert - because of whaleplay, real life signals, or just plain tidal waves. The normies will come in like flies, and the MSM will be quick to remind them of past glories near 20k. There won't be enough rocket memes in the whole Internet then.

[Bitcoinaire]

HODL bro

Each time #Bitcoin has dropped by 70% or more, the following All Time High has been 5-17 times higher than the previous. If that was to repeat the next ATH would be between $100,000 and $340,00.

https://twitter.com/Anders_/status/1044306435184582656

[infofront]

Early indications volume may have bottomed

I don't entirely trust Novigratz, but he was saying the other day that sellers are totally exhausted. You can see a pretty clear decline in USD volume on this chart.

[Paashaas]

HODL bro

Each time #Bitcoin has dropped by 70% or more, the following All Time High has been 5-17 times higher than the previous. If that was to repeat the next ATH would be between $100,000 and $340,00.

https://twitter.com/Anders_/status/1044306435184582656

When this happens, lot's of people here can retire.