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

[BitcoinNewsMagazine]

Watch the $13,346 area for a possible stall:

[criptix]

The good news:

The bull is really on fire  


The bad news:

A real correction should come in soon, it is very unusual that after a 400% runup in 2,5 months every dip is bought up with big strength.

I do not believe we will see ATH in July, thus i will be closing all my longs and prepare for a real big judas candle.



Overall, a correction would be healthy now, though its bitcoin and we could see ATH by next month lol.

[HI-TEC99]

The good news:

The bull is really on fire  


The bad news:

A real correction should come in soon, it is very unusual that after a 400% runup in 2,5 months every dip is bought up with big strength.

I do not believe we will see ATH in July, thus i will be closing all my longs and prepare for a real big judas candle.



Overall, a correction would be healthy now, though its bitcoin and we could see ATH by next month lol.

Everyone seems to be thinking we are due a big correction, so it might be best to go long.

Disclaimer

I'm usually shit at trading.

[El duderino_]

^
I think we are due to HODL.

[DireWolfM14]

I'm trying my hand at trading today.  I seem to really really suck it it but you only live once.  I sent the contents of my hot wallet (~0.08BTC) to binance and set a limit order for $12,950, BTC to USDT.  I have a feeling we're going to see $13k sometime today, probably just for a blip and then suffer a small correction, maybe even below $11k.

Am I crazy or what?

[Globb0]

I got a 50% off voucher, worth it?

[yefi]

Don't worry mic, Poudhon's alright

Man's a legend. The very first bitcoin bear, the progenitor bear. All that follow have been but poor imitations.

[sirazimuth]

proudhon....
“confirmed and trustworthy sources”....
Lol

[lightfoot]

Well that sucks. I went to pull $100 from an ATM and they want my name. For an <2k transaction no, their Opsec isn't good enough for that.

Interesting thought: Hack one of these ATM companies, see who has a lot of bitcoin in their wallets, then go from there. No, they have my cell and getting a name from that requires an extra step.

Oi.

[lightfoot]

Meantime is Bitfinex gone forever? Would be the ultimate cool exit scam. :-)

[Theoak*]

proudhon....
“confirmed and trustworthy sources”....
Lol

Proudhon still got that 1000btc or so in storage?

“think the volume is going to start filling back in, and in a big way.  Remember, things looked like this when we were knocking up against $7.22, and then very quickly the order booked flipped around and down we went.  This craziness is almost making me take 1000 or so bitcoins out of offline storage to sell”

https://bitcointalk.org/index.php?topic=85687.msg1020946#msg1020946

[Icygreen]

Morning WO's, what a fine way to start a day!
Go Bitcoin!

[Last of the V8s]

I'm trying my hand at trading today.  I seem to really really suck it it but you only live once.  I sent the contents of my hot wallet (~0.08BTC) to binance and set a limit order for $12,950, BTC to USDT.  I have a feeling we're going to see $13k sometime today, probably just for a blip and then suffer a small correction, maybe even below $11k.

Am I crazy or what?

Nah you might be right to do that. No one wants to fomo the top.
note it already blipped to 13k there earlier on.
until finex comes back on and things settle in a direction, hardly any point predicting
having said which, i predict up!

[HairyMaclairy]

The good news:

The bull is really on fire  


The bad news:

A real correction should come in soon, it is very unusual that after a 400% runup in 2,5 months every dip is bought up with big strength.

I do not believe we will see ATH in July, thus i will be closing all my longs and prepare for a real big judas candle.



Overall, a correction would be healthy now, though its bitcoin and we could see ATH by next month lol.

Stops yes.  Close no.  

Trying to pick the top in advance is a recipe to exit and FOMO back in.  Let the market take you out of your position, not the other way around. 

[HI-TEC99]

Meantime is Bitfinex gone forever? Would be the ultimate cool exit scam. :-)

They say they should be back in less than an hour. Earlier on gentle mandy was speculating they might crash the price by introducing 100x leverage.

https://twitter.com/bitfinex/status/1143787892466229248

Our scheduled upgrade is set to commence one hour from now (8.45 AM UTC). The Bitfinex platform, along with all features, will be down for up to 7 hours.

[HairyMaclairy]

[Globb0]

How much will finex steal in the downtime? I wonder

Just "forget" to turn the website back on for users for a bit.

[HairyMaclairy]

Meantime is Bitfinex gone forever? Would be the ultimate cool exit scam. :-)

They say they should be back in less than an hour. Earlier on gentle mandy was speculating they might crash the price by introducing 100x leverage.

https://twitter.com/bitfinex/status/1143787892466229248

Our scheduled upgrade is set to commence one hour from now (8.45 AM UTC). The Bitfinex platform, along with all features, will be down for up to 7 hours.

Or we go superparabolic and ATH within a fortnight.  Fuck knows. Prepare for both.

[BitcoinNewsMagazine]

I'm trying my hand at trading today.  I seem to really really suck it it but you only live once.  I sent the contents of my hot wallet (~0.08BTC) to binance and set a limit order for $12,950, BTC to USDT.  I have a feeling we're going to see $13k sometime today, probably just for a blip and then suffer a small correction, maybe even below $11k.

Am I crazy or what?

Well the current high on Bitstamp is $12,936. During this run each time the high was taken out we were good for another advance. Your money your trade. You might leave some money on the table, may not. You can be sure at some point we will have a $1000 or more dump where you can buy back in.

[Globb0]

You can be sure at some point we will have a $1000 or more dump where you can buy back in.

I think this also, its all about the confidence level.

A bit of red and they get worried.