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

[VB1001]

I think we'll retest 3900 in April

Let us retest 5K etc

But I haven't finished accumulating  

then.... buy the DIP....  

If there is one (a dip, that is)... hahahahahaha

fuck the no coiners and the fence sitters.  There were more than 4 months available for them to get their shit straight.

Let's leave their asses behind.. and they can buy in the supra $6k arena.. if they don't continue to remain "undecided and/or leaning bitcoin negative"

Now is when the tears come...

Bitcoin Low:

$ 8K "Buy at $ 6K"
$ 6K "Buy at $ 3K"
$ 3K "Buy at $ 1.5K"

Bitcoin Up:

$ 6K "Buy at $ 3K"
$ 8K "Buy at $ 6K"
$ 14K "Buy at $ 8K"
$ 20K "Buy at $ 14K"

The Result:

You will have less BTCitcoin and you will buy more expensive.

[1714057115]

1714057115

[1714057115]

1714057115

[Globb0]

JJG: "Hold my beer."
JJG: "There!"
JJG: "Bingo bongo bango"

[Last of the V8s]

pit pat piffy wing wong wang

[J. Cooper]

His reign was short lived though 

[Lambie Slayer]

108 days into the new BTCaby BTCbull Market and all is well.  

Bears thank you for your sacrifice. Your diminished quality of life and new found financial hardship is actually a blessing, because your delusional stubbornness has added rocket fuel to the new Bull Run and will help speed the global adoption of sound money.

Bitcoin will be the new Global Reserve Currency.

Nocoiners, non believers and infidels will be harvested for blood and organs.

[JayJuanGee]

 

https://blockchainwhispers.com/bitmex-position-calculator/

I am not sure about how to read that, exactly.  I can see that longs are increasing, and therefore incentivizing a dump, but it seems like it is going to be a bit difficult, short term to change the current momentum.. prior to $6k-ish..

[JayJuanGee]

24777

21-04-2019 gentlemand
20-02-2020 romneymoney
18-12-2021 luckygenough56

12288

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

favorites??

Haha! Come back to this board for the first time in months and see my name pop up randomly. I forgot I had made such a conservative prediction

You are an apathetic bear, who "really means it".... hahahahahaha

[El duderino_]

24777

21-04-2019 gentlemand
20-02-2020 romneymoney
18-12-2021 luckygenough56

12288

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

favorites??

Haha! Come back to this board for the first time in months and see my name pop up randomly. I forgot I had made such a conservative prediction

You are an apathetic bear, who "really means it".... hahahahahaha

24777 could be won by just eliminating the second last price

[JayJuanGee]

Massive Bitcoin Whale Triggered BTC Surge With $100 Million Order, Says Crypto Investment Firm CEO

The CEO of cryptocurrency firm BCB Group says Bitcoin’s massive pump was triggered by a single Bitcoin whale, in a coordinated effort to buy nearly $100 million worth of BTC across three crypto exchanges.

Oliver von Landsberg-Sadie told Reuters a 20,000 BTC buying spree executed simultaneously on Coinbase, Kraken and Bitstamp is largely responsible for the surge, which briefly boosted the price of BTC above $5,000.

https://dailyhodl.com/2019/04/02/massive-bitcoin-whale-triggered-btc-surge-with-100-million-order-says-crypto-investment-firm-ceo/

Should take those "single whale" explanatory assertions with a BIG ASS grain of salt.

[StartupAnalyst]

Would like to think of such a cute pet as your friend? 

[Raja_MBZ]

A wild guess: today is the last day to get bitcoin below $3900.

Yes.  The odds of the truth of that assertion are in the less than 25% arena.

So far so good:

Maybe the odds of going below $3,900 again became slightly better than what they were on March 25, but they have not changed by a lot.. I would not even put them above 45% and that 45% is a bit charitable.  You may end up being correct, regarding your guess, but I am not sure what that would be saying, besides you having had gotten lucky in your guess.  Do you find that valuable in how you live your life?  I certainly try to minimize gambling and guessing in how I live my life, but surely once in a while it is fun.. but that is it.. merely fun rather than something to attach much if any significance.

What are the odds of going below $3900 (again) now, @JJG?

Are you trolling me, Raja?

Partially

I am certainly no soothsayer, but merely because something happens, like you predict does not suggest that you are anything but lucky when it happens, especially if it remains a kind of 50/50 event or even 70/30... or something like that. 

True!

I largely outlined my current thinking in my post two posts above this one, which describes some thinking that we are going up before we go down... so one seemingly decent scenario would be to go to the $6k arena first and then have a 30% plus correction, which would bring us to $4,340 (that is if we presume something like $6,200 x 70%), but then there could be a further spike down, or the BTC price might not make it to $6,200 before experiencing a 30% plus correction...  So in such a scenario, bringing BTC prices down to $4,340 could cause additional downwards spiking, and we have seen that many times in bitcoinlandia...   

And even a scenario of a $5,500 local top in this particular cycle and then a 30% plus correction would bring BTC prices below $3,900.... in the $3,850 arena... which are not unreasonable price wave scenarios...

We all know that anything (literally anything) can happen in bitcoinlandia - within an hour, we can either get a nice green $1k candle or a dark red $1k candle. We've seen it before and we should definitely be ready to see it again. However, the reason why I quote that wild guess, again & again after each pump, is to enjoy a new value of odds that is a little more closer to 100%, and I guess that it makes everybody around feel a bit better.

Imagine looking at these posts after a few years, when the probability of going below $3900 will actually be close to zero; it'd be pure pleasure.

Some nice progress has already been made in the last few days... From:

less than 25% arena

to:

maybe we are getting close to the 50/50 arena..

BTW, I don't think that we're close to that 50/50 arena yet. If I were you, I'd call it 50/50 once we break above ~$5700. But then again, it's all pure speculation... This thread is all about speculation anyways.

NO matter what we should be preparing for both up and down, if you don't want to end up being disappointed, even if your "never below $3,900 again" dart-throwing sorcery-wannabe pronouncement ends up coming true.   

Well, let's just hope that it does come true!

[JayJuanGee]

When page parity?

Dunno.

I'm shooting for post count parity some time in 2024.

Whoaza, jbreher... that is a pretty damned conservative timeline, but hey I don't have any problem(s) with either conservative thinking or preparing for conservative outcomes.

[ivomm]

https://www.chepicap.com/en/news/8591/what-traders-say-about-the-bitcoin-pump-5k-then-5-5k-.html

[JayJuanGee]

When page parity?

Dunno.

I'm shooting for post count parity some time in 2024.

Mmmm you have opened a Bcash thread somewhere on the forum, try catching 227$ somewhere 2024??

I'm calling Bitcoin post count parity some time in 2024. Whether that Bitcoin be BTC, BCH, or SV is an open question.

I think the next FOMO pile-in is going to make evident to the world the weaknesses of the Core-ian approach to scaling. The other forks (hewing more closely to Satoshi's inspired design) will be there to pick up the slack.

Incidentally, while BTC is up 14+% in the last 24 hours, BCH is up over 27% in the same time frame.

Yes, SV is lagging at 11+%. ::sigh::

Oh my fucking god.  You are either sick or delusional to still be having those kinds of illusions of grandeur in respect to those two shitty-ass bcash projects.    

I think the next FOMO pile-in is going to make evident to the world the weaknesses of the Core-ian approach to scaling. The other forks (hewing more closely to Satoshi's inspired design) will be there to pick up the slack.

What is the non Core-ian state of Layer 2 and instant payments ?

It's stupid-ass jbreher talk.   

[JayJuanGee]

I'm itching to release my mega collection of specially made-for-WO Choo-Choo, Carolina and related memes, but I won't do it just yet. I'm reserving it for when we re-enter 5-digit territory.  Coming soon. ^tm

HoDLing patiently and enjoying the wild ride...

FTFY   

[Last of the V8s]

https://twitter.com/BraveTheWorld/status/1113092339684249601
I like Bitcoin because you can't utilize it for socialism.
"just give everyone a btc"
"that means you'd have to take btc away from others"
"so what"
"morality aside...that would be very hard. impossible without severe violence"
"ok just make more"
"you can't make more"

[wachtwoord]

What line did you draw? The daily 200 SMA is at 4600 ...

Your probably looking at a simple moving average and what I was showing is a smoothed moving average..that is all. I apologize for any confusion.

How is that calculated that it deviates that much from normal simple moving average?

Why do you use it instead of simple moving average?

Edit:

I looked it up: https://www.tradeforextrading.com/index.php/movingaverage/sma-ema-lwma

The SMMA is not commonly used

So only the question remains why you prefer smma over sma?

[Retina]

If Bitcoin stable next some time so recovery others token and coin soon. Tottal bitcoin market is now 'Red' a few pumping soon.

[JayJuanGee]

Is this the calm after the storm now? I wouldn’t mind a period of 3-4 months in this range. Low volatility is good for bitcoin. Average Joe doesn’t want to buy when the price is up & down like a yoyo.

I’d be cool with low volatility until June/July or something before the next leg up to $ 6,000 or something.

Anybody agree?

You might want it, but bitcoin no don't work like dat.  Sorry to break the newses to you, oldtimer...    

 

Is this the calm after the storm now? I wouldn’t mind a period of 3-4 months in this range. Low volatility is good for bitcoin. Average Joe doesn’t want to buy when the price is up & down like a yoyo.

I’d be cool with low volatility until June/July or something before the next leg up to $ 6,000 or something.

Anybody agree?

I do.

It's too soon for FOMO. We need consolidation. That's only achieved with TIME.

Yeah, but it is not going to happen in a flat and/or gradual kind of way... like I mentioned.. bitcoin no b workin like dat.   

[HairyMaclairy]

I'd like to see a survey on the subject. I wonder how many people think the bullran has already started?

The bull season started on 19 January 2019.  It just takes awhile for the news to get out.