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

[Raja_MBZ]

Looks quite bullish to me:

Now even more interesting:

Breaking $4230-$4260 resistance (bitstamp) should get us straight to $4400+. I don't expect this to happen anytime soon though.

[DeathAngel]

Good to see some positivity in here today. We’re all good after the halvening or even as it approaches so chill out and enjoy the ride guys. Anything below 10k is cheap, bears will get rekt in about 6 months as we transition into the next bull market.

[yefi]

Can't believe some folk were doubting the bounce. When was the last time bitcoin lost nearly half its price in a couple of weeks and didn't bounce?

They're all busy pretending they wouldn't bang all 4 of those girls for obscure reasons, it's like a damn episode of Seinfeld.

Whatever helps them take their mind off reaching for that shameful gym sock once more.

[TheCactus]

Can't believe some folk were doubting the bounce.

 

[Wilhelm]

Classic HotRod reversal pattern 

[empowering]

Can't believe some folk were doubting the bounce. When was the last time bitcoin lost nearly half its price in a couple of weeks and didn't bounce?

They're all busy pretending they wouldn't bang all 4 of those girls for obscure reasons, it's like a damn episode of Seinfeld.

Whatever helps them take their made off reaching for that shameful gym sock once more.

Dude I think everyone would hit every one of them, especially if that booty was literally filled with red jello.

FTFY

[Last of the V8s]

https://home.treasury.gov/news/press-releases/sm556
Treasury Designates Iran-Based Financial Facilitators of Malicious Cyber Activity and for the First Time Identifies Associated Digital Currency Addresses
Yanks pick on Persians again.

[Wolf Rainer]

The correction is still going on, this is just a small bounce.

[kronos123]

When everyone starts to see red and blood, it means that we really got to the bottom; in the last days, two illustrious names have joined the long line of announcers of death:

Martin Armstrong
https://www.armstrongeconomics.com/world-news/cryptocurrency/bitcoin-the-end-of-cryptocurrencies/

Edward Snowden
https://www.ccn.com/bitcoin-wont-last-but-crypto-is-here-to-stay-edward-snowden/

Personally I voted for Bitcoin over $ 5000 on December 15 because he overbought too short and must download a few weeks, but I think he will do a last lunge in February-March 2019 before starting a new cycle.

[empowering]

Can't believe some folk were doubting the bounce. When was the last time bitcoin lost nearly half its price in a couple of weeks and didn't bounce?

Not doubting the bounce...a relief rally, short squeeze, a bull trap, I expect all of those... just cannot help but think we will still come down to retest this recent bottom... maybe in a few days, a week or a few weeks,  or even a few months, and don't get me wrong I bought a few at $3500 for the first time in over a year, but I still think we are coming down to retest the $3500 region.. if it is defended a 2nd time, and the volumes are nice I think we have a chance at a bounce, but I also kind of think we could break it and head to £3150 ish  and test that region... ultimately I want to see a snappy bottom, that triggers my buy orders, and a healthy bounce with volume... this bottom feels soggy to me.

It could be we just end up with a soggy bottom and sideways in a range for a while...  or it could be in hindsight a few months down the line I look back at the chart and say, wow that actually was a nice v shaped recovery with volume when viewed zoomed out and what an idiot... but after the recent price action and trend, and the ferocity of the recent dumps, I would much rather have added at $3500 and be on the outside looking in, than fomoing and then watching it fall past $3000, live to fight another day as they say.

This is BTC so I could be and wouldn't mind being wrong, and things could change, but put it this way I am very happy to have saved plenty of dry ammo... I am happy with the state of play and am unsure the gruelling down trend is quite over with yet.  

Depressive I know...

Midterm and long term I'm bullish AF thou

[Last of the V8s]

https://home.treasury.gov/news/press-releases/sm556
Treasury Designates Iran-Based Financial Facilitators of Malicious Cyber Activity and for the First Time Identifies Associated Digital Currency Addresses
Yanks pick on Persians again.

Fuck those Ransom ware fuck faces I'm happy they were caught.

It's a government attack on bitcoin fungibility. The implications are yuge.

[El duderino_]

LFC......

a bounce, a liverpool win ... could be a great evening  (would you need anymore then those 2things? )

haha hope they win though

come BTC give us a fine bounce for mental recovery

[LFC_Bitcoin]

LFC......

a bounce, a liverpool win ... could be a great evening  (would you need anymore then those 2things? )

haha hope they win though

come BTC give us a fine bounce for mental recovery

If you asked me what I want in life for today (things that are realistic) then they’re honestly the 2 things I’d pick.

[El duderino_]

LFC......

a bounce, a liverpool win ... could be a great evening  (would you need anymore then those 2things? )

haha hope they win though

come BTC give us a fine bounce for mental recovery

If you asked me what I want in life for today (things that are realistic) then they’re honestly the 2 things I’d pick.

haha i would always pick the BOUNCE "BULLrun" as well F*** do i love those moments

[Toxic2040]

Good morning guys.

One way or the other, I think we are going to have an explosive move soon.
Edit:  within 6 hours. 

Dude.

You are beginning to scare me.

Always a brides maid never a bride..    *sniffle*...

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Fibs for your viewing pleasure.
1h



4h



D

#btfd

[Paashaas]

When the price was $200-$400 people predicting double digits.

Double digits never came.

Same goes for the $1500 prophecy.

[LFC_Bitcoin]

When the price was $200-$400 people predicting double digits.

Double digits never came.

Same goes for the $1500 prophecy.

People predicting those kind of prices usually have an agenda (they most likely don’t believe it themselves but they definitely want others to believe it will happen).

[Indymoney]

When the price was $200-$400 people predicting double digits.

Double digits never came.

Same goes for the $1500 prophecy.

People predicting those kind of prices usually have an agenda (they most likely don’t believe it themselves but they definitely want others to believe it will happen).

Absolutely right your these comments really need some merit from me but sadly right now I cannot do this you are on spot.

[starmman]

Nice to see a few green candlesticks for a change - thought the red had broken on my monitor due to overuse for a while =)

[empowering]

When the price was $200-$400 people predicting double digits.

Double digits never came.

Same goes for the $1500 prophecy.

This could very well be the case... I try and stay away from absolute thinking though and deal more in probability and be prepared for various scenarios.

I see $1150-$1500 as an extreme outlier probability wise, but I see $3150 - $3500 as quite likely , so for now at least I have buy orders stacked at various increasing levels from $3500 through to $750 , if they don't get triggered so be it I don't care.

I was not happy to buy over $3500 all year and I am still not, nothing that has happened recently has changed that view, if anything its reinforced it.


Though I am really keen to see how this price action develops, and how the many developments expected between now and March play out... a lot could change.

(ps If we break $5800 with vol then I might consider the trend may be starting to reverse and feel more bullish, but still I ain't buying over $3500, even that's a bit much for my situation, and again, my biggest fear is actually range bound stagnation for 3-6 months, I find that torturous)