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

[El duderino_]

[El duderino_]

Btw, where tha r0ach @??

[ivomm]

It is not over yet. Shorters are on the rim of the abyss!

https://twitter.com/MrJozza

1 hour ago:


Bitfinex about to break $6k
• First 900 btc in shorts stopped out/called.
• 30,700 btc remaining.



"Majority of the Bitfinex #bitcoin margin calls will start to be liquidated above $5700!
This is assuming there is no funding. Pressure is on the bears right now"

[Lambie Slayer]

I think this is what it feels like to be one of the big boyz. We have regulators scaring people into dumping shitcoins and buying Bitcoins. Go regulators go. Team Statist!!! Gimme 20k please!


https://www.youtube.com/watch?v=sZHCVyllnck

[El duderino_]

Iranian ''Hulk'' Sajad Gharibi wants to step into the MMA ring, he needs someone to play with.

Who wants to fight this tank? 

^
Who wanna take on this guy??

[P_Shep]

Careful out there guys, it's FOMO'ing pretty bad.

[El duderino_]

https://bitcointalk.org/index.php?topic=5132225.msg50863861#msg50863861
^

Sorry guys me again with a same question...., but who has not been here yet, and maybe has something to say, PRE-pumping market is a good time to do so

[El duderino_]

Careful out there guys, it's FOMO'ing pretty bad.

Why is it bad if we mostly have BTC and see our BTC performing better as a while back, we not FOMO-buying we just HODL....

When we HODL a year of F***Dips and still where happy to Buy and Hodl, then why wouldn't we be happy when its pumping??

Also buying @these prices is still buying pretty cheap BTC's or am I wrong?

[Wexlike]

So it's this time of the year again. Had to dust off my little Bitcoin  

[El duderino_]

^
Damn he's missing a BULLfinger

[El duderino_]

1h




#stronghands'19

Called 999 and they told me "switch to alts, just put some buy order at -%15 -%20"

Watch out rebal, Mic is coming from the rear...............



or the front .....

[Globb0]

Iranian ''Hulk'' Sajad Gharibi wants to step into the MMA ring, he needs someone to play with.

Who wants to fight this tank? 

Its Riccardo Fluffy Pony, thats what money can do for ya, new body.

[HairyMaclairy]

I love the smell of squeezed shorts in the morning

[Retina]

This is the broad view of Bitcoin . Looking at this chart, you can see how it has progressed throughout the entire history of its existence. There is absolutely no denying that it has held this rising arch (in blue) for nearly a decade. As a technical analyst, I can't deny that this arch is incredibly important to the progression of Bitcoin . Many people don't think we will return to the 3000-4000 range, and that's fine. Everyone is entitled to their opinion. However, I do believe that we will most likely return to the 3000-4000 range, and I have published a lot of technical evidence to justify my position.

Today, I'm going to share another reason why I believe that Bitcoin will return to the 3000-4000 range. First off, in every bear market Bitcoin has ever had, it has touched the bottom of the blue arch before the next bull market began. Granted, there have only been two prior bear markets. Though, each one has produced at least one touch of the bottom of the arch. Knowing this, I think there is a high probability that Bitcoin will once again return to the bottom blue arch, before entering the next bull market. From my view, that could happen at 3000 or even lower, depending on how fast BTC moves down from here. Now, I don't really think we will dip below 3000, but it is definitely possible. Especially since the bottom of the arch is still well below 3000.

The second reason I would like to present today, for why I believe that the market is going to have a nasty pullback, is the NVT . I'm not sure why, but I see a lot of people hating on this beautiful indicator. They say "oh it needs to be calibrated" and "it should only be viewed on some other time-frame than the one you're looking at" and blah blah blah. I don't care what anyone on the face of this earth has to say about the NVT . All I can see, is an indicator that has never failed. NOT ONCE! That's pretty flipping incredible if you ask me. Just look at the signals! I've extended them vertically so that you can see the reaction that price had on the chart. Literally every signal was a success. EVERY SIGNAL. Now, it's flashing a powerful sell signal. Each time we had a weekly sell signal in the past, the market fell at least to the 61.8% retrace. Currently, that's around where? Oh yeah, 4,100!! Most NVT weekly sell signals sent BTC even deeper than that. So, I think it is very realistic, from a technical perspective, that Bitcoin could fall dramatically. That's not to say that I don't think it will be enormously valuable in the future. Quite the contrary. I'm just smart enough to recognize the danger signs when they're there. Right now, I see many danger signs. Did I mention the weekly 50 EMA (in black) on this chart, which we were just rejected at? Even if we did somehow manage to get above that, there is an ENORMOUSLY POWERFUL CEILING OF RESISTANCE all around 6000! I've made my profits, and now I'm waiting for this bad boy to cool down so I can load my boat again. In the long term, Bitcoin will soar! But for now, there is more downside and sideways chop left in the market.

As you can see by the arrows on my chart, I expect that we will continue to chop sideways between the 6000 range and 3000ish for the majority of 2019, and possibly even into early 2020. I don't necessarily believe that we will see lower low, but it could happen. Particularly near October, based on cyclical market analysis that I've shared in the past. Anyway, that's my view for 2019.

I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au revoir.

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

[Lambie Slayer]

Careful out there guys, it's FOMO'ing pretty bad.

Why is it bad if we mostly have BTC and see our BTC performing better as a while back, we not FOMO-buying we just HODL....

When we HODL a year of F***Dips and still where happy to Buy and Hodl, then why wouldn't we be happy when its pumping??

Also buying @these prices is still buying pretty cheap BTC's or am I wrong?

Yes, its ok to embrace the pump even if the reasons are sketchy. I remember the MMM pyramid scheme Bitcoin pump in 2015. Sure it was sketchy AF and ended in a dump, but in the end it spread Bitcoin awareness and helped end the bear market.

Also we were blessed with a cult movie classic. The PyraMMMid

https://v-s.mobi/the-pyrammmid-movie-eng-sub-hd-1:49:42

[El duderino_]

Though curious where this pump will lead to......

@Infofront for a POLL needed AF right now

pump leads to (for over the next 2-3-4-5 days or something)

Stays here don't cross 5796
5800-5825
5825-5850
5850-5875
5875-5900
5925-5950
5950-5975
6000-6025
6025-6050
6075-6100
6150-6200
6250-6300
6350-6400
6450-6500

#6075-6100 common

[erre]

I could be' strong, but seems to me that the price is rising mainly because people running form finex, and other people arbitraging this as much as they can.

Anyway, the reasons doesn't matter, if the price skyrocket again I suppose a lot of new people will FOMO in soon, even without having a clue about what's going on.

[lightfoot]

Interesting. So what is the "real" price then? Stamp?

[ivomm]

I could be' strong, but seems to me that the price is rising mainly because people running form finex, and other people arbitraging this as much as they can.

Anyway, the reasons doesn't matter, if the price skyrocket again I suppose a lot of new people will FOMO in soon, even without having a clue about what's going on.

This is exactly what happened in 2017, when Bfx stopped fiat withdrawal and the price went from 700-ish to 3000-ish. Btw, in 2017 starting with $700 we had almost 5 doublings 700-1400-2800-5600-11200-20 000. Starting with 3122, 5 doublings will bring us to 100k!: 3122-6244-12488-24976-49952-99904

[HairyMaclairy]

Interesting. So what is the "real" price then? Stamp?

Always