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

[becoin]

I remember 30 years ago...and I shall not forget.


#stronghands'19

When I was in the Shanghai airport for a layover, the first thing I did was try to do a Google search for "Tiananmen Square." But, I couldn't connect to Google, so...


Everything Google- and Facebook-related was blocked. Also no Wikipedia.

I could access tor though. Didn't screw around too deeply for fear of being arrested for thought crimes.

They are trying to erase it from memory. I dont think most people remember the Umbrella Movement let alone Tian'anmen Square.

True, the Chinese government tries hard in this matter, and they succeeded for a reasonable amount of time, they brainwashed the young mind in a very structural manner, some of my Chinese friends even rejected the fact that this event even took place in a high level in the first place. But now many reporters-students, who covered the "Tiananmen Square" protest keep coming with photo negatives + developed photos.

Louder than Bombs

Photos of the Tiananmen Square Protests Through the Lens of a Student Witness

  

Thanks God this orange revolution in China funded and organized by the US neocons failed! The only goal of such pseudo revolutions is to ruin the economy of a geopolitical competitor. The CIA miserably failed in China. That is good, not bad!

[jbreher]

But... If Paul Le Roux ...

Le Roux isn’t Satoshi so interesting but ultimately not relevant.

I don't know nuttin 'bout birthin' no babies. Paul Les Rue?

Les Paul invented multitrack recording, and damn near invented the solidbody electric guitar. Maybe he staged his death a couple years early. Hmmm...

[jbreher]

This year looks way different from 2015, he could be right.

Pish posh

Let's face it, the market is way bigger and way smarter than in 2015. And we all know what the halving does to the price long term. Think about it.
Doesn't mean it won't continue going upwards after the halving, but $30-$40k next May makes sense to me.

ATH implies that it is the highest point followed by a crash.  A dip is expected (mandatory?) after the halvening spike but not a crash.

Well, the last (current) ATH was ... what ... $19666? So obviously, the next ATH will be $19667.

Jeesh.

[jbreher]

..then I keep thinking..what if it does this?  Goes up to say $20k-$25k this year...lets all those baghodlers exit...signals bearishness mid to end of 2020...OG's panic sell like little girls...and then does an about face in 2021 and rockets upwards towards $80k-$100k before the next cycle?

I think I found where you went astray.

[jbreher]

superexpoparabolic in late 2021.  

Supercallifragalisticparabolicoshish

[Toxic2040]

..then I keep thinking..what if it does this?  Goes up to say $20k-$25k this year...lets all those baghodlers exit...signals bearishness mid to end of 2020...OG's panic sell like little girls...and then does an about face in 2021 and rockets upwards towards $80k-$100k before the next cycle?

I think I found where you went astray.

SkepticalFrye.gif

[mindrust]

Since 2017, I've been following these famous filbfilb charts;
https://www.tradingview.com/chart/BLX/W5wwj74c-Bitcoin-Long-Term-Trend-Analysis-A-near-term-clue-BLX-Update/
https://www.tradingview.com/chart/BLX/LGfs4PUa-Bitcoin-A-Long-Tern-Market-Analysis/

I don't remember where I got that one from, but this might be the better version of filbfilb's TA:


https://www.tradingview.com/script/xdPkShYr-Bitcoin-non-linear-regression-curve-REAL/

This was NOT drawn by hand. This was calculated based on btc prices from 2010 to 2018. More than 60 different equations were tested and refined and ranked. This one is the best.

just got all the price historical price action, normalized, ran through a series of tests to find the best curve that fits. Then, got the formula and created the script using it in pine script

Looks like $40k might be the next ATH, $50k at best. Care to take a look and tell me what you think? Is he too conservative? Or realistic?

He is putting the next ATH around the next halvening.  Does he even TA bro?

He isn't putting an ATH, I did. If you put the red circle somewhere further for example in April/2021 it becomes $80k.

What you see here is different lines which decides a different minimum and maximum price range than what filbfilb created back in the day. The second filbfilb chart is the updated version of the first, and to me, this new chart looks like the updated version of filbfilb's 2nd chart.

Ofc, it is just fortune telling but here is why i see value in this chart:

He got the absolute bottom right when we were there. (the chart was created in 14/Feb/2019) The creator of the third chart didn't put those lines after 3-4k came and went, he did it when it was happening. That's value.

Note that: the 2nd chart of filbfilb also got the bottom, look at those yellow lines, we just followed them. What I am talking here is, the 3rd chart don't have that green line in the 2nd filbfilb chart. So the 3rd one is the one you should be following.

If you made your preparations according to the 2nd chart and waited for more lower lows (what if it touches the green line...) you lost some serious buying opportunities. (i did, i was seriously waiting for sub $3k at one point) That's why I am moving to this new TA.

[Globb0]

Advise = your doing good by buying BTC and hodl 2 years, you would do much better with buying now and buy each month a % of what you intend to save ad whatever price, just fix date NO MATTER WHAT and hodl longer as 2 years....

Send TY later in this thread.

This made me think,  wouldn't it be a great service to provide an automatic bitcoin savings plan?

I mean the person sets a direct debit, £50/pcm and each time it comes in the system does an automatic market buy for them (maybe less a fee).

The usual I suppose regulation would be hard on a money type business and with the badword as well in there (B)
 
The customer could hold their own wallet I guess to mitigate risk, though they may not want to I suppose. That would add security costs.

[JSRAW]

I remember 30 years ago...and I shall not forget.


#stronghands'19

When I was in the Shanghai airport for a layover, the first thing I did was try to do a Google search for "Tiananmen Square." But, I couldn't connect to Google, so...


Everything Google- and Facebook-related was blocked. Also no Wikipedia.

I could access tor though. Didn't screw around too deeply for fear of being arrested for thought crimes.

They are trying to erase it from memory. I dont think most people remember the Umbrella Movement let alone Tian'anmen Square.

True, the Chinese government tries hard in this matter, and they succeeded for a reasonable amount of time, they brainwashed the young mind in a very structural manner, some of my Chinese friends even rejected the fact that this event even took place in a high level in the first place. But now many reporters-students, who covered the "Tiananmen Square" protest keep coming with photo negatives + developed photos.

Louder than Bombs

Photos of the Tiananmen Square Protests Through the Lens of a Student Witness

  

Thanks God this orange revolution in China funded and organized by the US neocons failed! The only goal of such pseudo revolutions is to ruin the economy of a geopolitical competitor. The CIA miserably failed in China. That is good, not bad!

I am not a fan of the USA's foreign policy in general. Pseudo revolutions or not it can be argued ( it depends on your ideological stand). And I am not a well-versed reader. But as far as I understand, during that time USA's main focus was Japan-economic competitor ( Read Toshiba's backlash). You are welcome to correct me here.

I Shared Toshiba's story in P&S yesterdayClick here
 

[bitcoinPsycho]

Go Go go

[UnDerDoG81]

Ok its off topic, but we all love charts here and I saw a very interesting chart today.  



I realize Shitvision Icon Calvin Ayre's chart would be 15-20 range, but Leo is with consenting adults so he gets my respect for this. I suspect many wealthy hodlers will have charts similar to this in the future after we overtake 100k.

Leo takes chicks in their prime years and then passes them off to guys like Tom Brady and Green Lantern when they are too old for him. The guy is in his own league.

Yes that was my life ensurance also, how did you know 

[gentlemand]

It could be... After all, they all pretty much look like the same damn woman. Its like jeez Leo, mix it up a little bit. At least date a brunette or a fair skinned latina or something.

Edit: at least his most recent pick is a part-time brunette.

My suspicion is that he doesn't even know what any of their names are. I suspect if he wants his bowl of raw liver brought to him while he watches his drag racing on the telly he shouts 'model' and they come running.

No way could I be bothered with a procession of 22 year olds. They know fuck all and have no interests beyond how they got their nails done.

[Globb0]

But that is before things dry out and close over

[gentlemand]

But that is before things dry out and close over

If all someone requires is a lover who is moist, pliant and easily replaced they may as well get a St Bernard. At least it'll genuinely like you.

[becoin]

Pseudo revolutions or not it can be argued ( it depends on your ideological stand). And I am not a well-versed reader. But as far as I understand, during that time USA's main focus was Japan-economic competitor ( Read Toshiba's backlash). You are welcome to correct me here.

"Ideological stand" is irrelevant. If a revolution is funded and organized from outside this definitely is a foreign intervention coup disguised as "democratic" revolution.

Japan is still occupied by the US. More than 3% of country's territory belong to the US military. The US army in Japan is bigger than the army of the natives in terms of men and weaponry. Occupied countries will be your economic competitors only to the extend you allow them to be your competitors. China is independent country. Japan is not. Neither is South Korea. This is why US is waging war against Huawei and not against Toshiba or Samsung. China is independent now because the inspired by CIA Tiananmen coup spectacularly failed.

[machasm]

But that is before things dry out and close over

If all someone requires is a lover who is moist, pliant and easily replaced they may as well get a St Bernard. At least it'll genuinely like you.

Lol. +1WO merit for the laugh.
Thanks

[Lambie Slayer]

Ok its off topic, but we all love charts here and I saw a very interesting chart today.  



I realize Shitvision Icon Calvin Ayre's chart would be 15-20 range, but Leo is with consenting adults so he gets my respect for this. I suspect many wealthy hodlers will have charts similar to this in the future after we overtake 100k.

Leo takes chicks in their prime years and then passes them off to guys like Tom Brady and Green Lantern when they are too old for him. The guy is in his own league.

I thought it was pretty clear Leo is gay and these hot supermodel beards make it even more obvious. 

But sir! must you tear down our heroes

[Lambie Slayer]

Ok its off topic, but we all love charts here and I saw a very interesting chart today.  



I realize Shitvision Icon Calvin Ayre's chart would be 15-20 range, but Leo is with consenting adults so he gets my respect for this. I suspect many wealthy hodlers will have charts similar to this in the future after we overtake 100k.

Leo takes chicks in their prime years and then passes them off to guys like Tom Brady and Green Lantern when they are too old for him. The guy is in his own league.

I thought it was pretty clear Leo is gay and these hot supermodel beards make it even more obvious.  

It could be... After all, they all pretty much look like the same damn woman. Its like jeez Leo, mix it up a little bit. At least date a brunette or a fair skinned latina or something.

Edit: at least his most recent pick is a part-time brunette.

yes, a latina brunette.  id rather have 10 lambos that look the same than a variety of camrys, accords, malibus, mustangs and jeeps.

[Last of the V8s]

Advise = your doing good by buying BTC and hodl 2 years, you would do much better with buying now and buy each month a % of what you intend to save ad whatever price, just fix date NO MATTER WHAT and hodl longer as 2 years....

Send TY later in this thread.

This made me think,  wouldn't it be a great service to provide an automatic bitcoin savings plan?

I mean the person sets a direct debit, £50/pcm and each time it comes in the system does an automatic market buy for them (maybe less a fee).

The usual I suppose regulation would be hard on a money type business and with the badword as well in there (B)
 
The customer could hold their own wallet I guess to mitigate risk, though they may not want to I suppose. That would add security costs.

I think Cash App (US) does ~this, and there's some other service doing it too.

[Retina]

Bitcoin - Buy every bottom

Probably everyone has already realized that Bitcoin is aiming the moon.
I am a person who trades on trend and recommend it to you too.
You can shout a lot that bitcoin will end and it will soon go to the bottom, but judging by the analysis of cycles, Bitcoin will reach the bottom maybe in 3-4 years. The bull market is just at the beginning.

And each drawdown as it was yesterday is an opportunity to buy bitcoin cheaper.
The capitalization of the market is growing, the volume of trading is growing, stablecoins is getting bigger.
Countries are increasingly talking about cryptocurrencies. In general, the industry is developing and everything is still in front. No one is going to die, but only those who say that you are going to the bottom. At the bottom you will stay.
Of course, I don’t want to be so optimistic to say that we are going for $ 1 million, but if you think about it, any good news about cryptocurrency strengthens the opinion in people’s mind that cryptocurrency is a reality that cannot be avoided and moreover cryptocurrency has to be adopted.

Technical analysis
We can see a clear up trend. And we are moving in this channel, below this channel I showed two trendlines coloured in blue. This is the maximum to which we can fall and after that we go up inevitable.
At the top we have a strong Fibonacci level of 38.2 at $9,500
If we break it (I have no doubt about it) we will reach the next psychological level of 10k which if we break it we will go to the next level 50% 11500

Source: https://www.tradingview.com/chart/BTCUSD/i4mec3dY-Bitcoin-Buy-every-bottom/