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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21335596 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (104 posts by 20 users deleted.)
ivomm
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March 05, 2019, 09:57:35 AM
Last edit: March 05, 2019, 10:10:14 AM by ivomm
Merited by vapourminer (1)

There is a certain probability that the hard won $3700 resistance a week ago, turns out to be a solid support from now on. At least it held yesterday, which is a good sign. If this is so, we are definitely forming the next bull market with higher lows: 3100->3300->3700. And if the bulls hold this line, then soon everyone will be convinced that 2018 bear market was just a small hindrance that will be overcome really fast. Otherwise, we will have to endure the pains of 2015 pattern and have multiple bounces of $3300 area. Anyway, the time for accumulation cheap coins will be less than a year.

Many peeps don't realize it but everything below the previous ATH is cheap. My prediction is 6k by summer, 10-15k fall and at least 40k in December 2019 so yes you only have some 8-10 months to stock up.

40K this year? Not gonna happen.

I also think that 40K this year is a bit unrealistic from today's perspective. But let's recall early 2017. Everyone knew that the bull run from 400 to 1000 was fake. China's okex and other exchanges with 0 fees was the reason for that (I think they had >95% of the total volume). When the news of China's ban appeared, everyone was sure the bull market is over, and the price plunged back to 700-ish area for several months. How and why we reached 7K only 7 months later, I have no explanation. Multiple bad news were damaging the price: BFX problems with the banks, ETF hopes shattered by SEC, BU fork which didn't succeed thankfully, the August fork that scared some, Sept. China's ban again, Nov. fork that was cancelled, the huge dump of CW, Ver and Wu with the delusional hope of flippening. After that the only good news came about the futures, but the price was already near 10K by then. So, theoretically everything is possible, even 10x increase in the price. Let's not kill that hope. Who knows what will happen? The bull market may not be clearly visible now, but in early 2017 it was even more obscure.
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serveria.com
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March 05, 2019, 10:11:25 AM

Who feels like a shot of WO hopium on a Tuesday morning?


2023 is a long time in crypto time I guess.....snip.....I'll repost the image for convenience -



3k in October isn't hopium it sucks man  Cool
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March 05, 2019, 10:14:16 AM

In all predictions and TA popping out in all twitter feed.

Noobs like me get confused easily. I don't have much knowledge about TA.

No one can be so sure when the bull run comes.

Having said that all we can do is get ready no matter if it comes this year, or 2020 or even 2021.

Keep filling your little bags according to your pockets and enjoy life with your family.

And Keep sharing funny memes here. Grin
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March 05, 2019, 10:18:13 AM

There is a certain probability that the hard won $3700 resistance a week ago, turns out to be a solid support from now on. At least it held yesterday, which is a good sign. If this is so, we are definitely forming the next bull market with higher lows: 3100->3300->3700. And if the bulls hold this line, then soon everyone will be convinced that 2018 bear market was just a small hindrance that will be overcome really fast. Otherwise, we will have to endure the pains of 2015 pattern and have multiple bounces of $3300 area. Anyway, the time for accumulation cheap coins will be less than a year.

Many peeps don't realize it but everything below the previous ATH is cheap. My prediction is 6k by summer, 10-15k fall and at least 40k in December 2019 so yes you only have some 8-10 months to stock up.

40K this year? Not gonna happen.

Why do you think so? If we won't reach 40k I'll get a bit worried about Mr. McAffee's ummm private parts...  Grin
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March 05, 2019, 10:20:59 AM

In all predictions and TA popping out in all twitter feed.

Noobs like me get confused easily. I don't have much knowledge about TA.

No one can be so sure when the bull run comes.

Having said that all we can do is get ready no matter if it comes this year, or 2020 or even 2021.

Keep filling your little bags according to your pockets and enjoy life with your family.

And Keep sharing funny memes here. Grin

My advice - don't trust anyone. Read, listen, analyze but remain skeptical a bit. And the main thing: HODL!  Cool
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March 05, 2019, 10:38:17 AM

In all predictions and TA popping out in all twitter feed.

Noobs like me get confused easily. I don't have much knowledge about TA.

No one can be so sure when the bull run comes.

Having said that all we can do is get ready no matter if it comes this year, or 2020 or even 2021.

Keep filling your little bags according to your pockets and enjoy life with your family.

And Keep sharing funny memes here. Grin

My advice - don't trust anyone. Read, listen, analyze but remain skeptical a bit. And the main thing: HODL!  Cool

Thanks, yup that's what I try to implement.

Plus

HODL + unload stash on right time Cheesy
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March 05, 2019, 10:44:41 AM
Merited by BobLawblaw (2), HairyMaclairy (1), JSRAW (1)

here we see two Wall Observer birds squabbling over matters and things

https://www.youtube.com/watch?v=KWUFVhY9Ebc Call of Sri Lanka Frogmouth
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March 05, 2019, 11:07:20 AM

Who feels like a shot of WO hopium on a Tuesday morning?


2023 is a long time in crypto time I guess.....snip.....I'll repost the image for convenience -



3k in October isn't hopium it sucks man  Cool

Long term look at the price, I don’t mind earning my peanuts in my day job for another few years. I’m 26, plenty of time to enjoy our riches if we have to wait until 2023 for moon.
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March 05, 2019, 11:28:13 AM
Merited by serveria.com (1)

Who feels like a shot of WO hopium on a Tuesday morning?


2023 is a long time in crypto time I guess.....snip.....I'll repost the image for convenience -



3k in October isn't hopium it sucks man  Cool

Long term look at the price, I don’t mind earning my peanuts in my day job for another few years. I’m 26, plenty of time to enjoy our riches if we have to wait until 2023 for moon.

That chart is way too conservative date wise in my opinion. 6k’s in July 2021, over 12 months after the halving, naaa!
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March 05, 2019, 11:29:33 AM
Merited by vapourminer (1), LFC_Bitcoin (1), machasm (1)

It just dawned on me that if the next high is say 260k as some punters suggest, then the next low after that could be omg -90% = 26k which frankly still seems like a shedload.

I won't be 'cashing out' or selling anything during that whole period because I've got everything I need.

I will be staying on here though even as old WObros slip away to Chile or Mexico or projects or prison as in previous cycles, because there will be an ever larger need for education, for clarity and for unity.

Things are going to get much much tougher when Coppola and Roubini run out of simplistic attacks like 'oh it crashed' and new attacks get formulated; and this is about all I've got to offer in help; my presence, a tiny bit of knowledge, a chunk of certainty and some courage.
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March 05, 2019, 11:31:04 AM
Merited by LFC_Bitcoin (1)

Who feels like a shot of WO hopium on a Tuesday morning?


2023 is a long time in crypto time I guess.....snip.....I'll repost the image for convenience -



3k in October isn't hopium it sucks man  Cool

Long term look at the price, I don’t mind earning my peanuts in my day job for another few years. I’m 26, plenty of time to enjoy our riches if we have to wait until 2023 for moon.

Also not impressed - 100k by 2023 is ain't moon...  Cool  1m would be nice...
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March 05, 2019, 11:31:30 AM

Who feels like a shot of WO hopium on a Tuesday morning?


2023 is a long time in crypto time I guess.....snip.....I'll repost the image for convenience -



3k in October isn't hopium it sucks man  Cool

Long term look at the price, I don’t mind earning my peanuts in my day job for another few years. I’m 26, plenty of time to enjoy our riches if we have to wait until 2023 for moon.

That chart is way too conservative date wise in my opinion. 6k’s in July 2021, over 12 months after the halving, naaa!

I wouldn't call ANY chart that shows a price of $100K+ in the next following years as "conservative". It doesn't mind what I wish. $100K is (currently) just an utopian dream for me. Dreams do realise sometimes though Smiley
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March 05, 2019, 11:32:23 AM

It just dawned on me that if the next high is say 260k as some punters suggest, then the next low after that could be omg -90% = 26k which frankly still seems like a shedload.

I won't be 'cashing out' or selling anything during that whole period because I've got everything I need.

I will be staying on here though even as old WObros slip away to Chile or Mexico or projects or prison as in previous cycles, because there will be an ever larger need for education, for clarity and for unity.

Things are going to get much much tougher when Coppola and Roubini run out of simplistic attacks like 'oh it crashed' and new attacks get formulated; and this is about all I've got to offer in help; my presence, a tiny bit of knowledge, a chunk of certainty and some courage.

I’ll be cashing out some at those kind of prices. I have to, I can’t see my net worth drop that much again & have gained nothing from it.

I’ll definitely stay around & be posting here regularly though.
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March 05, 2019, 11:33:50 AM
Merited by JayJuanGee (1)

It just dawned on me that if the next high is say 260k as some punters suggest, then the next low after that could be omg -90% = 26k which frankly still seems like a shedload.

I won't be 'cashing out' or selling anything during that whole period because I've got everything I need.

I will be staying on here though even as old WObros slip away to Chile or Mexico or projects or prison as in previous cycles, because there will be an ever larger need for education, for clarity and for unity.

Things are going to get much much tougher when Coppola and Roubini run out of simplistic attacks like 'oh it crashed' and new attacks get formulated; and this is about all I've got to offer in help; my presence, a tiny bit of knowledge, a chunk of certainty and some courage.

I'm planning to cash out some small fraction once we'll reach ~50k. I could liquidate some 50-80% when we'll reach 1m too. But I will never sell 100%...
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March 05, 2019, 11:40:35 AM

I’ll be cashing out some at those kind of prices. I have to, I can’t see my net worth drop that much again & have gained nothing from it.

I’ll definitely stay around & be posting here regularly though.

I'm planning to cash out some small fraction once we'll reach ~50k. I could liquidate some 50-80% when we'll reach 1m too. But I will never sell 100%...

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March 05, 2019, 11:44:02 AM

I’ll be cashing out some at those kind of prices. I have to, I can’t see my net worth drop that much again & have gained nothing from it.

I’ll definitely stay around & be posting here regularly though.

I'm planning to cash out some small fraction once we'll reach ~50k. I could liquidate some 50-80% when we'll reach 1m too. But I will never sell 100%...



Exactly!  Grin
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March 05, 2019, 12:00:35 PM

Mardi gras sentiment.

I’ll be cashing out some at those kind of prices. I have to, I can’t see my net worth drop that much again & have gained nothing from it.

I’ll definitely stay around & be posting here regularly though.

I'm planning to cash out some small fraction once we'll reach ~50k. I could liquidate some 50-80% when we'll reach 1m too. But I will never sell 100%...

Also not impressed - 100k by 2023 is ain't moon...  Cool  1m would be nice...

And you call this capitulation? Tut tut. Not there at all.

I wouldn't call ANY chart that shows a price of $100K+ in the next following years as "conservative". It doesn't mind what I wish. $100K is (currently) just an utopian dream for me. Dreams do realise sometimes though Smiley

40K this year? Not gonna happen.

Well now that's more like it, but still smells like hope. Strive harder, my friends.
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March 05, 2019, 12:14:27 PM
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Related ill sentiment news. Have you noticed the latest days? There's rumours Wall Street people are setting up a meeting to revise the well-known adage to

"Sell in March or you'll parch."
https://www.aerrexo.com/
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March 05, 2019, 12:20:45 PM

Obviously a spammer, so deleted.
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March 05, 2019, 12:29:36 PM

Next bull run ends between 100k - 300k.... Tongue
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