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

[JayJuanGee]

Can we declare crypto winter officially over now?

The first green shoots of recovery are starting to grow. We should call this crypto spring. Still definitely time to accumulate lots of coins before it becomes unaffordable to buy whole bitcoin’s again.

I expect $4,000 by the weekend, fingers crossed.

No.  this is like mid-2015.  Remember when the BTC price shot from about $220 to $317 in June/July 2015?

https://bitcoincharts.com/charts/bitfinexUSD#rg60zig2-hourzczsg2015-4-16zeg2015-08-20ztgMzm1g10zm2g25zv

This little bounce could be similar.  I would prefer that we are out of this down period, but really seems too early to call the "bottom is in"

[1714050639]

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[1714050639]

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[JayJuanGee]

30 million verified crypto users.

17 million bitcoin.

Do the math.

https://twitter.com/AlecZiupsnys/status/1097310825407279105

Fucking hell, when you put it like that most of us have quite a large % of the available coins.

Wow.

hahahahaha

Evil geniuses....

[bitserve]

FRESH FROM WANGA/MASTERLUC TELEGRAM:

Original:

Идeм нa peтecт днeвнoй мa200 имxo. +cтoки cпocoбcтвyют, тaм paзвopoтныe бычьи фигypы.

Google translate:

We go on retest day 200 IMHO. + [stocks] contribute, there are reversal bull figures.

What do you think he means? A bounce from the 200 would be a rejection of the bull, or a breakthrough of the 200 would be a confirmation of the bull?

The latter is true regardless IMO.

I think he means a retest is due. And it can either be a rejection or a bullish breakthrough.

A bit obvious yeah.

[Last of the V8s]

FRESH FROM WANGA/MASTERLUC TELEGRAM:

Original:

Идeм нa peтecт днeвнoй мa200 имxo. +cтoки cпocoбcтвyют, тaм paзвopoтныe бычьи фигypы.

Google translate:

We go on retest day 200 IMHO. + [stocks] contribute, there are reversal bull figures.

What do you think he means? A bounce from the 200 would be a rejection of the bull, or a breakthrough of the 200 would be a confirmation of the bull?

The latter is true regardless IMO.

"We're going to retest the 200dma imho. Stocks are helping, there are bullish reversal patterns there."

best i can do, not exactly what he says but closer imho.

bullish - isn't that 200 at 5161 today on Bitstamp?

[Cryptotourist]

https://twitter.com/StopAndDecrypt/status/1097585672746164224 + video

Can you offer your definition of what Bitcoin is?

errr
<..>
uuummmmm

What a moron. Pathetic.
Probably just imagining his first day in prison. Then his first shower in prison.
Definitely not up to the task. I'm pretty sure his con daddy did not approve, coaching him was an epic fail.

[El duderino_]

March 2010: One bitcoin was worth 0.003 dollars.

February 2018: One dollar is worth 0.0003 bitcoin.

The majority of fiat moving into bitcoin will never move back into fiat.

It is a virus, a technological and economic pandemic.

https://twitter.com/alecziupsnys/status/1097616142246559744?s=21

NASDAQ to add a bitcoin index on its platform.

They are reading the writing on the wall and don't want to get left behind.

There is no stopping this.

Adoption happens gradually right in front of you, until you finally pause, look around, and bitcoin is the dominant asset.
https://twitter.com/alecziupsnys/status/1095826372323209217?s=21

This is big news. The launch of Nasdaq crypto indices could lead to regulatory approval for crypto-based derivatives in the market. 

And as a direct initial effect could mean more interest from institutional traders.

The feeds are going live Feb 25th.

https://twitter.com/alecziupsnys/status/1097638209595604997?s=21

'It is well enough that the people of the nation do not understand our banking system, for if they did, I believe there would be a revolution before tomorrow morning.'

It's the morning and we are just waking up.

How do you join the revolution?

Buy bitcoin, bye banks.

https://twitter.com/alecziupsnys/status/1097638209595604997?s=21

[Last of the V8s]

https://twitter.com/MrHodl/status/1097636284221267969

[HairyMaclairy]

https://twitter.com/MrHodl/status/1097636284221267969

Short $50,000 = short 500,000 BTC

[El duderino_]

The team at Cambridge has done a bunch of work to put together this report. Highly recommend reading it.

Many people won’t realize how important it is that one of the premier consultants is pro-crypto.

https://twitter.com/apompliano/status/1097480357073555456?s=21

[lightfoot]

Lightfoot sells a bitcoin to pay expenses, price goes up.

Normal.

[El duderino_]

Bitcoin is no longer a dream of the fringes of society. It is methodically marching towards the ultimate destination —a global reserve currency.

It is only a matter of time before everyone trusts math and software over the bias, emotion, and greed of nation states 💯

https://twitter.com/chris__james_/status/1097479572122189824?s=21

[El duderino_]

🏰 A computer code has been paying random people to build its own army.

⚔ It started from scratch, 10 years ago. And already equals ~0.1% of the world's most expensive military bill.

📈 #Bitcoin yearly security spend as a % of the US defense budget 👇

https://twitter.com/paradigmabr/status/1097601324202582016?s=21

[El duderino_]

Aaaah F*** its that time of the day

Into my HODLrocket

Let the cho cho ride my dreams this night

Sweet dreams WO’s

[El duderino_]

Lightfoot sells a bitcoin to pay expenses, price goes up.

Normal.

Pity, i would say do not sell @these prices, but when gotta cover Some expenses Then there is nothing to do about it

Hope you can buy the coin back

[HairyMaclairy]

FRESH FROM WANGA/MASTERLUC TELEGRAM:

Original:

Идeм нa peтecт днeвнoй мa200 имxo. +cтoки cпocoбcтвyют, тaм paзвopoтныe бычьи фигypы.

Google translate:

We go on retest day 200 IMHO. + [stocks] contribute, there are reversal bull figures.

What do you think he means? A bounce from the 200 would be a rejection of the bull, or a breakthrough of the 200 would be a confirmation of the bull?

The latter is true regardless IMO.

"We're going to retest the 200dma imho. Stocks are helping, there are bullish reversal patterns there."

best i can do, not exactly what he says but closer imho.

bullish - isn't that 200 at 5161 today on Bitstamp?

Correct 200 Daily MA is a long way away and we have a bear wall between us and it.   I suppose if we break the bear wall it will easily be in reach.  And the 50 / 100 MA cross should give us the power to break the bear wall.  So maybe its not so outlandish after all.  

Edit:  I predict a rally as high as $5,5000 after breaking the bear wall, then falling back down into high $3ks. 

[StartupAnalyst]

Update, dude. BTC is not waiting!

[El duderino_]

FRESH FROM WANGA/MASTERLUC TELEGRAM:

Original:

Идeм нa peтecт днeвнoй мa200 имxo. +cтoки cпocoбcтвyют, тaм paзвopoтныe бычьи фигypы.

Google translate:

We go on retest day 200 IMHO. + [stocks] contribute, there are reversal bull figures.

What do you think he means? A bounce from the 200 would be a rejection of the bull, or a breakthrough of the 200 would be a confirmation of the bull?

The latter is true regardless IMO.

"We're going to retest the 200dma imho. Stocks are helping, there are bullish reversal patterns there."

best i can do, not exactly what he says but closer imho.

bullish - isn't that 200 at 5161 today on Bitstamp?

Correct 200 Daily MA is a long way away and we have a bear wall between us and it.   I suppose if we break the bear wall it will easily be in reach.  And the 50 / 100 MA cross should give us the power to break the bear wall.  So maybe its not so outlandish after all.  

Edit:  I predict a rally as high as $5,5000 after breaking the bear wall, then falling back down into high $3ks. 

Good HOPIUM thx HM “good till the fallback, but thats just you being you ”
HM talking of break bear-wall

Made me crawl in to me HODLrocket full of confidence

[HairyMaclairy]

I should probably write $5,500 and not $5,5000

[JayJuanGee]

Problem is that nocoiners and the new crypto enthusiast will fall for this scams and they will buy into bCash before even introduced to the real Bitcoin.

Well, from a protocol aspect, SV does have more in common with the original Bitcoin protocol than does BTC.

#justsayin'

still pumping (supposedly defending) bcash, trash?    #yeahright

[Biodom]

I should probably write $5,500 and not $5,5000

55000 would be nice, though.
micg is writing responses so fast that one have difficulty correcting typos