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

[JayJuanGee]

I think we need more consolidation in the 8k area now, than we had in 2017.

It would not be a problem if it go sidelines for some days.

“Days” lol

What is your theory, rjclarke?

You think that we are too overheated for "days" long consolidation?   

That is my sense. 

I am thinking that we cannot really stick around here exactly unless we go up and come back down or go down and come back up.

In other words, the way that we got here (into the $7,800 to $8,200 range), just does not feel solid enough.

[JayJuanGee]

Congrats... 3 or 4 obvious trolls / alt accounts of roach

I disagree about those new accounts being roach alts.

Wasn't me.  Doesn't even sound anything like me.  Probably John McAfee.

Yeah.  I've noticed, too that you are a smarter kind of retard.  




By the way, just for your information, even if you are a "smarter retard,", you are still retarded.  Go figure?    

[rebal15]

You guys think we will ever see BCash @$4k again within any bullrun? I feel like I lost a fortune by not selling @4k and kept that scam hodling.

Yes, we can
https://www.coindesk.com/coinlabs-mt-gox-claim-may-hold-up-payouts-for-another-2-years
"Coinlab’s claim"
Bitcoin gold is also a fork of Bitcoin but ....

[BitcoinNewsMagazine]

Bitcoin moves up and down as a ladder-pattern. Once again, Bitcoin fastly moves above $8000 after its correction to below $7000 days ago. What's next station for bitcoin during this bull run? I guess that in best scenario, when bitcoin gets enough support and momentum, it might moves up around 20 percent from its current price. That means bitcoin might reach somewhere around $9600 or even higher a little bit. Retest the resistance around $10000, why not?

$8600 is the tipping point of the see saw ... if we break through $8600 we can easily see $10K. If we can't push through $8600 I think a retest of $6000 is looking likely.

[Last of the V8s]

Starting to think these ETF rumors for the May 21st approval might be real. More and more its starting to feel like insiders are buying bc they really know something we dont. ETF please and pamp it please!

Do you think so?
I dunno, the SEC seem to hate the idea of a bitcoin ETF, every single attempt so far has been basically told to fuck off.

I don’t think so but I’d LOVE to be wrong on this. I think a bitcoin ETF would take us to a new ATH this year.

yeah i highly doubt we get etf on 21st, but my suspicion of insiders buying on info we dont have makes me wonder that something is up.......

worth having some madly high/low orders anyways

[Biodom]

A wild theory: btc is being held below 8K so Van Eck ETF would be slightly below $200000/share once approved.
This would allow a nice appreciation from the get go to exceed the stock market price flagship (BRK-A) at $306355.
Nah...I don't really believe this, but I do think that the approval or move toward approval is 50:50 this time around (at least definitely higher than 10:90).

I think that it is higher than 10:90 too, but 50:50?  Do you really believe that is the approval likelihood?  And if a large number of others believe that the probability that the odds, this time, are 50:50, then that would give further explanation to BTC's current bullish posture... Personally, I don't believe that people (let's say "smart money") believes that an ETF has anywhere near 50:50 odds of approval...,, even if they believe the odds are becoming higher than 10:90.

Some unknown, but substantial probability, hence we popped 1000 points straight up as we approach the date.
If not, i can see us losing 500-800 points easily.
I wouldn't suggest going 100X or even 5X in any direction, lol.

[rebal15]

You guys think we will ever see BCash @$4k again within any bullrun? I feel like I lost a fortune by not selling @4k and kept that scam hodling.

Yes, we can
https://www.coindesk.com/coinlabs-mt-gox-claim-may-hold-up-payouts-for-another-2-years
"Coinlab’s claim"
Bitcoin gold is also a fork of Bitcoin but ....

The fuck does that have to do with Bcash going to 4k?

https://www.coindesk.com/mt-gox-has-sold-170-million-in-btc-and-bch-since-march
Have they sold all BCH or not?

[HairyMaclairy]

[JayJuanGee]

Congrats... 3 or 4 obvious trolls / alt accounts of roach and... you, the only one being serious here and meaning what he says. I guess that makes you the village idiot.

I disagree about those new accounts being roach alts. It's probably just emulation.
I do agree about the village idiot bit, though.

While I disagree with roach in regards to bitcoin being a scam, I do enjoy alternate perspectives. How can you learn anything by simply ignoring someone you don’t agree with? Sounds like a fair few liberals in here who get triggered.

I do agree with roachs view on women and I worry for microgoosens future with a woman who has had such a promiscuous past.

If you had not noticed, you are new to this thread... as far as your (2) post count is concerned.

Maybe you could at least build some on-topic credibility before chiming in about off-topic irrelevant bullshit?

You seemed to have heard about this lil thingie-ma-jiggie called bitcoin, and maybe you lose additional credibility if you believe that roach has any insight into bitcoin... especially since he seems to be  no coiner since about $700  -evn though from time to time he also tries to hang with the gang, by making some retroactive assertions that he had owned some bitcoins at prices above $700, which is also highly doubtful.

Regarding bitcoin being a scam, I might be afraid to ask about your likely ill-informed thoughts about that?   Are you getting bitcoin mixed up with shitcoins?  Do you realize that there is a difference?  Do you actually understand what bitcoin is? Or are you as wilfully ignorant about bitcoin as the roach that you want to defend seems to be?

 See BTC's current price movement, as I type, seems to be surpassing $8,200  - bullish?  No?    You think that it is a bulltrap?   

If you are coming out swinging about defending roach and spouting out other irrelevances, I really doubt that you have anything meaningful to say about bitcoin, but surely if you can back up what you say, I am more than willing to be proven wrong.  I am willing to give troll/shills at least one chance to recoup from their bad first impressions, which is your current tentative category.

[JayJuanGee]

$9k soon!?

Within two weeks, IMO.

Let it be then 😇

A close above $8200 on the daily/weekly would be very bullish and would target $9600+


https://twitter.com/Josh_Rager/status/1129961871082164225?ref_src=twsrc%5Etfw

By the way, as I type, the daily/ weekly is about to close in 1 hour... and surely looks like we are getting high closing numbers for this week, which is going to make it much more difficult to have another green candle next week.  No?

[Sellman]

By the way, as I type, the daily/ weekly is about to close in 1 hour... and surely looks like we are getting high closing numbers for this week, which is going to make it much more difficult to have another green candle next week.  No?

This is why I have a feeling that Bitcoin might retest the $9600 point and if it successful hit this point, bitcoin might flash rise to around $10000 before dropping back as corrections. As you pointed out, coming hours and days are very important to identify the next short-term movements of bitcoin. Let's see what happen in the next 24 hours.

Bitcoin moves up and down as a ladder-pattern. Once again, Bitcoin fastly moves above $8000 after its correction to below $7000 days ago. What's next station for bitcoin during this bull run? I guess that in best scenario, when bitcoin gets enough support and momentum, it might moves up around 20 percent from its current price. That means bitcoin might reach somewhere around $9600 or even higher a little bit. Retest the resistance around $10000, why not?

[Raja_MBZ]

Almost at a new yearly high!

Where are all the Vegeta memes & fireworks?

[Toxic2040]

Almost at a new yearly high!

Where are all the Vegeta memes & fireworks?

[HairyMaclairy]

I don’t want to get ahead of ourselves, but there’s something pretty important from a TA perspective that would happen a bit above $10k if we reached that

[yefi]

I don’t want to get ahead of ourselves, but there’s something pretty important from a TA perspective that would happen a bit above $10k if we reached that

Hmm, what be that Hairy? I have the 50% fib on my radar, but that's above $11K.

[HairyMaclairy]

I don’t want to jinx it.  But I’m excited about it 

[JayJuanGee]

current quarter ranks as the 2nd highest quarterly gain since 2014 and the 7th highest quarterly gain all-time


https://twitter.com/CarpeNoctom/status/1130210275469266944

Isn't this counting eggs before they hatch?

We are barely half way through the 2nd quarter.  In other words, we have nearly 6 weeks to go? 

BIG question about whether these kinds of prices will hold through this quarter (for another 6 weeks). 

You won't find me complaining either if these prices hold or they go higher by the end of June, but you will find me complaining about assertions that are premature.   

[bones261]

Almost at a new yearly high!

Where are all the Vegeta memes & fireworks?

Well, I hear that it was originally 8000 for Vegeta. Here you go, a compilation of memes. Enjoy.

[Raja_MBZ]

Almost at a new yearly high!

Where are all the Vegeta memes & fireworks?

Well, I hear that it was originally 8000 for Vegeta. Here you go, a compilation of memes. Enjoy.

Much better.

Now we can continue with the pump!

P.S. Take my last sMerit for your precious work!

[Last of the V8s]

It wouldn't be just TA. Getting above 10k anytime soon would bring a fresh round of bullish news stories and newbies fomoing.