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

[ivomm]

Leave everything aside, That's what i see when I look at this chart.



Now I want to sell half of my shit so bad but I probably won't.

That's some good TA.

I trade with such TA in mind.

I'm like "what is the  next move to make the graph beautiful?".
Until now it has worked pretty well.

And where in this "good" TA is the buy support? If you have 100K BTC support at certain price do you think your TA would work? This confirms my obseravations that the reason we are here are the n00b traders who only look at the charts and compare 2014 and 2018. The price may fall if there is no support and go up if there are enough buyers. It is as simple as that.

[LFC_Bitcoin]

If we see under $3k, its likely to headed for $1300 says Tone Vays. Also bearish as fuck.

I was just listening to him and no disrespect but anyone can get ahead of themselves.    He called it himself, RSI as massively oversold.    A bear market can have sharp spikes upwards, I wish it was so easy that it just moved in one direction because thats free money right with no worry.

"Oversold" just means the trend is strong. Look at RSI against the bull trend last year. "Overbought" didn't mean anything. Price just kept pushing. The same can happen here.

On the flip side, I'm noticing a lot of $1,000 and $1,500 calls. People are forecasting carnage worse than 2011. Bears are getting bold. This happens near long term bottoms.

A lot of people who predict those kind of prices here are doing it for personal reasons, trying to convince/scare weak hands to sell. People predicting prices that low probably aren’t happy with their bitcoin stash & want it to go that low so they can increase their stash.

I wouldn’t trust anybody predicting uber low prices.

[El duderino_]

I see lots of noobs lately saying theyre gonna short the market here because its easy money. Hopefully they get their faces ripped off.
 

many new guys talk the talk but doesn't walk the walk ..... just many jealous F***s wanna look like they are making money as well

[Totscha]

If we see under $3k, its likely to headed for $1300 says Tone Vays. Also bearish as fuck.

I was just listening to him and no disrespect but anyone can get ahead of themselves.    He called it himself, RSI as massively oversold.    A bear market can have sharp spikes upwards, I wish it was so easy that it just moved in one direction because thats free money right with no worry.

"Oversold" just means the trend is strong. Look at RSI against the bull trend last year. "Overbought" didn't mean anything. Price just kept pushing. The same can happen here.

On the flip side, I'm noticing a lot of $1,000 and $1,500 calls. People are forecasting carnage worse than 2011. Bears are getting bold. This happens near long term bottoms.

A lot of people who predict those kind of prices here are doing it for personal reasons, trying to convince/scare weak hands to sell. People predicting prices that low probably aren’t happy with their bitcoin stash & want it to go that low so they can increase their stash.

I wouldn’t trust anybody predicting uber low prices.

$1k is the new double digits....

[LFC_Bitcoin]

I see lots of noobs lately saying theyre gonna short the market here because its easy money. Hopefully they get their faces ripped off.
 

many new guys talk the talk but doesn't walk the walk ..... just many jealous F***s wanna look like they are making money as well

Spot on mic

[HairyMaclairy]

Did someone say double digits?   Glad I dumped my last ETH weeks ago.  

[El duderino_]

into mount HODLING for a sleep cause in BIG need for a good hodl-rest
this night cross 5K and all is fine by me

always a BULLiever in Micg.

where is your 5k for btc noob? Your dreams about the price are ridiculous

i'm no price predictor never claimed to be.....i'm very bad @ it, i guess like 99% is, except the 1 guy thats the man of the hour @the time his prediction comes true, but those will most be followed by wrong ones after
i only believe in one prediction and that the long term bullish outcome of BTC everything in between is just noise but also nice to read etc

and crossing 5K that night would have been fine by me, but i never said that not crossing 5K would be bad for me

and just yes i have the beating heart of a BIG F***ing BULL

look forward to see if your account is still here on next 5-dig numbers, and actually even when you have some hate against me, i still hope for dumbass F***s like you as well to buy BTC and have a good run/to see all the good that comes with BTC

[Icygreen]

Hey @Hairy,  Just wondering if stamp recently credited your account some small amount.  I just got a portion of the siphoned funds put back in my account unexpectedly.  

[HairyMaclairy]

Yes I just got almost all of it back. Weird. 

[Icygreen]

Nice, makes me think they actually care. Perhaps.

[gembitz]

If we see under $3k, its likely to headed for $1300 says Tone Vays. Also bearish as fuck.

I was just listening to him and no disrespect but anyone can get ahead of themselves.    He called it himself, RSI as massively oversold.    A bear market can have sharp spikes upwards, I wish it was so easy that it just moved in one direction because thats free money right with no worry.

"Oversold" just means the trend is strong. Look at RSI against the bull trend last year. "Overbought" didn't mean anything. Price just kept pushing. The same can happen here.

On the flip side, I'm noticing a lot of $1,000 and $1,500 calls. People are forecasting carnage worse than 2011. Bears are getting bold. This happens near long term bottoms.

doublings and halvings (not halvenings) ... to drop from 20k to 4k btc has reduced to a fifth of it's former market value, people who are predicting 1k are the flip side short equivalent to the bulls predicting another 4x rise after a 5x rise in the mania of a bull run.

Shorts are drunk of greed at this point, they feel bullet-proof, anything is possible ... sure why not another 4x of gains on top of 5x, makes sense, not.

At best/worst, we get a manic, v. brief spike down to $2.5k, maybe 2k (unlikely) and then powerful rebound ... and the next rise begins.

$2500 is already confirmed ...\\$1500 likely buyins support;) weee

[mOgliE]

Leave everything aside, That's what i see when I look at this chart.



Now I want to sell half of my shit so bad but I probably won't.

That's some good TA.

I trade with such TA in mind.

I'm like "what is the  next move to make the graph beautiful?".
Until now it has worked pretty well.

And where in this "good" TA is the buy support? If you have 100K BTC support at certain price do you think your TA would work? This confirms my obseravations that the reason we are here are the n00b traders who only look at the charts and compare 2014 and 2018. The price may fall if there is no support and go up if there are enough buyers. It is as simple as that.

So you're a double idiot congrats  

First idiot title is for not recognizing 2nd degree and how I'm quite self conscious of not being able to make any TA...
Second idiot title is for blaming the market to be full of noobs... If that's the case you should just be happy cause noob traders means traders you, as a professionnal, can take advantage of right?

So don't blame the market for acting in the way you don't want it to act.

[mOgliE]

I see lots of noobs lately saying theyre gonna short the market here because its easy money. Hopefully they get their faces ripped off.
 

many new guys talk the talk but doesn't walk the walk ..... just many jealous F***s wanna look like they are making money as well

Or they walk the walk but slowly and carefully 

I mean you need to be pretty retarded to go all in on leverage short whatever the context. Same here.
Got a small short opened, so far so good but if market goes back on the bullish side I won't have lost much. And if it continues to go down... Well that means more BTCBTCBTCBTCBTCBTCBTCBTCBTC

[HairyMaclairy]

So you're a double idiot congrats  

Who is this Legendary without a hat?

[mOgliE]

So you're a double idiot congrats  

Who is this Legendary without a hat?

He said it, a n00b trader.
Doesn't deserve a hat yet 

[Last of the V8s]

Bitcoin prices continue to fall today, may be affected by this news right?
Chile’s Supreme Court decides against crypto exchange

The way you presented that makes it look as though it were your own.
Pl provide a link, and just a short quote if relevant.

[LFC_Bitcoin]

A lot of people who predict those kind of prices here are doing it for personal reasons, trying to convince/scare weak hands to sell. People predicting prices that low probably aren’t happy with their bitcoin stash & want it to go that low so they can increase their stash.

I wouldn’t trust anybody predicting uber low prices.

$2500 is already confirmed ...\\$1500 likely buyins support;) weee

Exhibit A

[d_eddie]

There is some serious intellectual firepower in this thread. I wouldn’t be surprised if there weren’t a couple of Nobel laureates lurking. 

You mean both negatives?

[Totscha]

Did someone say double digits?   Glad I dumped my last ETH weeks ago.  

Triggered....

[mOgliE]

A lot of people who predict those kind of prices here are doing it for personal reasons, trying to convince/scare weak hands to sell. People predicting prices that low probably aren’t happy with their bitcoin stash & want it to go that low so they can increase their stash.

I wouldn’t trust anybody predicting uber low prices.

You can say the same of people predicting a rebound based on nothing.

Overall I don't see how you can trust anyone predicting a price. Obviously anyone shorting will hope and believe price will go down and anyone hodling just wants the price to rise again.

Though it's another story when some people are using their influence and legitimacy to bend the market in a way or another...