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

[LFC_Bitcoin]

mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.

[BitcoinGirl.Club]

Still going sideways in pursuit of $8k... currently $7818USD/$10265CAD (Bitcoinaverage).

This looks good except the currency symbol  🤪 Imagine it's in USD currency.

[JSRAW]

Take care of yourself Bob

Congrates - Best of luck v8, mic and fillippone for DT1:

Phillippone and mic : Guys make sure you have thick skin before getting into DT1-Meta drama. v8 already got crocodile's skin

Pamoldar : you didn't missed anything yet.

Note : Mindtrust you too bro, you just trust your mind and you are good to go

[fillippone]

Oh dear Lord, I do love this man:

https://twitter.com/100trillionUSD/status/1138457543741714432

A Random Walk Down Wall Street + #bitcoin

From the comments:

1955-2019
100% SPY: 8% return (geometric), -40% max loss
100% GLD: 7.5% return, -32% max loss
100% UST 6% return, -8% max loss
Time period 1955-2019

Bitcoin 2010-2019, 1% yearly rebalanced: 8.3% return, -1% max loss

Just think about the compelling case for a Portfolio manager to include BTC in his portfolio. Negative interest rates, low and flat yield curve with stretched stock valuations.
No surprises finding CME is experiencing record volumes or that GBTC is selling shares with 40% premium over theoretical value: someone is desperate to gain exposure to BTC.

[BitcoinGirl.Club]

mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.

I noticed mic this morning. Congrats too all.

[BitcoinGirl.Club]

Pamoldar : you didn't missed anything yet.

This one even before I asked 🤪

[JSRAW]

Pamoldar : you didn't missed anything yet.

This one even before I asked 🤪

 

[CryptoNeed]

Support levels are at $7,960-$7,980, $7,870-$7,890 and $7,775. The confluences at those levels are:

• $7,960-$7,980: 15-min Bollinger band middle curve, weekly 38.2% Fibonacci retracement level, SMA 5, SMA 200, SMA 50, daily 23.6% Fibonacci retracement level and 1-hr previous low
• $7,870-$7,890: 5-day simple moving average (SMA 5), hourly Bollinger band middle curve, 4-hour Bollinger band middle curve, SMA 100 and daily Fibonacci 38.2% retracement level
• $7,775: Weekly Fibonacci 23.6% retracement level

Resistance levels are at $8,030, $8,100, $8,200, $8,250 and $8,300. The confluences at those levels are:

• $8,030: 15-min Bollinger band upper curve, 4-hour previous high and SMA 10
• $8,100: No confluence detected
• $8,200: Daily Bollinger band middle curve and monthly Fibonacci 23.6% retracement level
• $8,250: Daily pivot point resistance 1 and SMA 100 curve
• $8,300: The top-most resistance level has the weekly 61.8% Fibonacci retracement level

Can BTC/USD bulls go past $8,000?

So do you have some new support levels?  they all broke

as we struggle to hold the 21DMA  at a potential H+S formation, I assume we could go lower. My target would be the 50w EMA which correlates with the 50% fib at about 5.8k.

[BitcoinGirl.Club]

I wish I would buy this piece of antique for $2, I would then use the $2M to buy bitcoins 🤪
https://www.youtube.com/watch?v=ya8xpIWSlbM

[fillippone]

mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.

Thanks m8.
You have been part of this story!

Take care of yourself Bob

Congrates - Best of luck v8, mic and fillippone for DT1:

Phillippone and mic : Guys make sure you have thick skin before getting into DT1-Meta drama. v8 already got crocodile's skin

Pamoldar : you didn't missed anything yet.

Note : Mindtrust you too bro, you just trust your mind and you are good to go

Thanks JSRAW , but I already promised to keep the meta-drama as low and as far from WO as possible!

[infofront]

New poll!
Last poll results:



Most of you are overallocated in crypto. I am proud of you. 

[El duderino_]

mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.

Thanks m8.
You have been part of this story!

Take care of yourself Bob

Congrates - Best of luck v8, mic and fillippone for DT1:

Phillippone and mic : Guys make sure you have thick skin before getting into DT1-Meta drama. v8 already got crocodile's skin

Pamoldar : you didn't missed anything yet.

Note : Mindtrust you too bro, you just trust your mind and you are good to go

Thanks JSRAW , but I already promised to keep the meta-drama as low and as far from WO as possible!

Indeed V8 really belong between there... taking on the BS'ters....

[mindrust]

mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.

Heavy weights like suchmoon, Lauda, achow101, The Pharmacist got removed from DT1. Tbh I don't expect to stay there for a very long time.

achow101 is a core developer (or contributor) as far as I know. (and a forum staff member) Why did he get removed is beyond me. If he doesn't deserve to be a DT1 member, why the fuck do I?

Anyway I am happy to be included in DT1 but tbh I don't really care. Actually, I don't want to care.

Being a DT member gets you into drama. I don't want any of it.

[BitcoinGirl.Club]

New poll!

I gone for $8,751-$9,000

[BitcoinGirl.Club]

Heavy weights like suchmoon, Lauda, achow101, The Pharmacist got removed from DT1. Tbh I don't expect to stay there for a very long time.

achow101 is a core developer (or contributor) as far as I know. Why did he get removed is beyond me. If he doesn't deserve to be a DT1 member, why the fuck do I?

Anyway I am happy to be included in DT1 but tbh I don't really care. Actually, I don't want to care.

Being a DT member gets you into drama. I don't want any of it.

They will comeback in no time again. Whats wrong with achow101? I never seen him in the drama. By the way, congrats again.

[mindrust]

Heavy weights like suchmoon, Lauda, achow101, The Pharmacist got removed from DT1. Tbh I don't expect to stay there for a very long time.

achow101 is a core developer (or contributor) as far as I know. Why did he get removed is beyond me. If he doesn't deserve to be a DT1 member, why the fuck do I?

Anyway I am happy to be included in DT1 but tbh I don't really care. Actually, I don't want to care.

Being a DT member gets you into drama. I don't want any of it.

They will comeback in no time again. Whats wrong with achow101? I never seen him in the drama.

That's my question. What's wrong with suchmoon? I don't understand why they got removed.

[fillippone]

Heavy weights like suchmoon, Lauda, achow101, The Pharmacist got removed from DT1. Tbh I don't expect to stay there for a very long time.

achow101 is a core developer (or contributor) as far as I know. Why did he get removed is beyond me. If he doesn't deserve to be a DT1 member, why the fuck do I?

Anyway I am happy to be included in DT1 but tbh I don't really care. Actually, I don't want to care.

Being a DT member gets you into drama. I don't want any of it.

They will comeback in no time again. Whats wrong with achow101? I never seen him in the drama.

That's my question. What's wrong with suchmoon? I don't understand why they got removed.

Theymos picked a random selection of 100 users from all the eligible ones, that this month happened to be 111.
So no ad-personam actions, supposedly: just randomness.

[BitcoinGirl.Club]

Heavy weights like suchmoon, Lauda, achow101, The Pharmacist got removed from DT1. Tbh I don't expect to stay there for a very long time.

achow101 is a core developer (or contributor) as far as I know. Why did he get removed is beyond me. If he doesn't deserve to be a DT1 member, why the fuck do I?

Anyway I am happy to be included in DT1 but tbh I don't really care. Actually, I don't want to care.

Being a DT member gets you into drama. I don't want any of it.

They will comeback in no time again. Whats wrong with achow101? I never seen him in the drama.

That's my question. What's wrong with suchmoon? I don't understand why they got removed.

suchmoon, Lauda, The Pharmacist are some key role players (part of the drama) but among them achow101 is different. So I was wondering about him.

[BitcoinGirl.Club]

So no ad-personam actions, supposedly: just randomness.

You are saying it's a random pick?

I thought theymos was against randomly picking algorithm. I read it somewhere I can not remember properly.

[LFC_Bitcoin]

Heavy weights like suchmoon, Lauda, achow101, The Pharmacist got removed from DT1. Tbh I don't expect to stay there for a very long time.

achow101 is a core developer (or contributor) as far as I know. Why did he get removed is beyond me. If he doesn't deserve to be a DT1 member, why the fuck do I?

Anyway I am happy to be included in DT1 but tbh I don't really care. Actually, I don't want to care.

Being a DT member gets you into drama. I don't want any of it.

They will comeback in no time again. Whats wrong with achow101? I never seen him in the drama. By the way, congrats again.

achow helped me a few years ago, I sent a transaction for 15 bitcoin’s (or it might have been more, I can’t remember). The internet connection dropped & I thought I’d lost those coins. They weren’t showing on the block. Any way he showed me how to sendrawrawtransaction which rebroadcast the tx.

Thought I’d lost all that money, it wasn’t long from the last ATH. I was very pissed off for a while.

He helped me so I have nothing but good things to say about him.