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

[JayJuanGee]

So how low do you guys think we'll go?

I don't think it should get much lower from here but maybe we could see a similar pattern of 2016 june

I'm thinking lower $9ks would be reasonable, but bitcoin does not tend to be reasonable.  except when she wants to be, which again seems to be rare.

Could be. The recent parabolic rise looks like it is now ending. It went a lot higher than most expected in such a short time frame. A normal retracement would give a target in the region of 7-9k, leaving the bull case intact. ...could take around 3-4 weeks to get there.  The alternative is increasing volatility and a quick return to new highs.  Whatever happens , a lot of speculators will get burned when the rise ends, and it takes time to flush their left-over effects out of the market.

Still a conjecture until tThe next few days plays out.  are critical.

Fixed that last sentence for you.   

[criptix]

i got buys between 8-9.8k, will see if it holds

[podyx]

Fuck, really should of seen it coming...

I think we'll come back strong in a few weeks though

[fragout]

This was needed. It would be good to hold above 10k though

[BitcoinGirl.Club]

Fuck, really should of seen it coming...

I think we'll come back strong in a few weeks though

It's going to bounce back again.

[Toxic2040]

Sounded like a possible thump off of the 0.5 long fib for now.

#dyor



#stronghands'19

[VB1001]

Bitcoin is in the stealth phase of its bull run. Usually public interest do not pick up until the previous all-time high has been smashed.

https://twitter.com/CL207/status/1143657596760412160

Nice.

[JayJuanGee]

Buy before September 30, 2019.

Buy now, buy often.

Oh gawd!!!!!  Not you again with your random dates in an attempt to be Nostradamus sorcerer.   

[ivomm]

So far 25% crash from the AYH. Not impressed. Hodlers lose nothing, only weak hands lose, as always.

[BitcoinGirl.Club]

Hey WO's,

Today I had a class (I teach electronics as a side activity to my main job). We were talking about digital stuff, gates, etc. One thing led to another and we ended up talking about Bitcoin. I felt like Andreas Antonopoulos on stage...

Some statistics:

-- Most students hadn't even heard about Bitcoin, and those few who had were all males, no females knew anything about it. However, the females were very interested, especially when they realised it can be very profitable.

-- The few students that knew about it were mostly misinformed about what it is and how it works.

-- The entire class (about 30 students) was ecstatic. They really wanted to know and understand it. We skipped all breaks, they wanted to stay in the classroom and learn about it.

-- Many of them wanted to buy. Many downloaded wallets on their phones. Some purchased online versions of Andreas Antonopoulos' book.

The entire experience confirmed what I already knew: this thing is just getting started. Young generations are very keen to embrace the new technology, when it is properly presented and explained to them. Not sure if what I did was "appropriate", but it felt right, and I felt glad that my "lecture" may change the lives of some of those guys.

Keep HoDLing!

I am glad I did not miss it. Keep spreading the word. Good job blood.

[HairyMaclairy]

Ok.  Two to three month mini-bear market.  


#Bringbackfear


Edit:  I’m not shorting this but I’m ready for people to have the pants scared off them again

[JayJuanGee]

This was needed. It would be good to hold above 10k though

I agree that it would be good to hold above $10k

But I am afraid that it is not likely to hold above $10k

Furthermore, I will brazenly assert (which seems to be similar to what you are saying) that it is not necessary to hold above $10k (and we still remain on a magnanimous bull run)

[mindrust]

Ok.  Two to three month mini-bear market.  

#Bringbackfear

Noice. My FIAT is ready. This time we do it right.  

No offense to 90%+ hodlers. I may join you soon.  

[AlcoHoDL]

Too soon?

After careful image analysis, in order to extrapolate the front from the back, i choose (rolls dice...) 3.

[...where we're going, we can have them all guys...!]

[JayJuanGee]

Ok.  Two to three month mini-bear market.  


#Bringbackfear


Edit:  I’m not shorting this but I’m ready for people to have the pants scared off them again

Yep... decent chances of that... .... and I am afraid to say the levels could be in the
$7k to $9k range... during such correction period... perhaps?  Perhaps?  Nothing is a given in these here parts.

[El duderino_]

Ok.  Two to three month mini-bear market.  

#Bringbackfear

Noice. My FIAT is ready. This time we do it right.  

No offense to 90%+ hodlers. I may join you soon.  

Then already buy a piece before missing out again

[HairyMaclairy]

Prediction: we will go through $10k like a hot knife through butter, just like we did on the way up. Then the screaming will start.

Edit:  Shitty mobile phone TA.  Making lower low following massive volume spike as shown at crosshairs in pic means that the rally that should have occurred from $11,795 (see crosshair) failed.  Failure of this rally is a strong bearish signal.  Bears back in control.

[realr0ach]

Hey WO's,

Today I had a class (I teach electronics as a side activity to my main job). We were talking about digital stuff, gates, etc. One thing led to another and we ended up talking about Bitcoin. I felt like Andreas Antonopoulos on stage...

Some statistics:

-- Most students hadn't even heard about Bitcoin, and those few who had were all males, no females knew anything about it. However, the females were very interested, especially when they realised it can be very profitable.

This sounds like bullshit.  I haven't met ANYONE that doesn't know what Bitcoin is in the last several years, even 60-70 year olds all know what it is.  As for women, yes, it's no surprise they wouldn't know about something because they're not really sapient beings in the first place, but all college age females I've seen in the last several years all know what it is too.  People as a whole probably know more about valueless digital shitcoins than they do physical metals nowadays, which means Bitcoin is NOT some undiscovered, prime real estate that nobody knows about.

[LFC_Bitcoin]

Prediction: we will go through $10k like a hot knife through butter, just like we did on the way up. Then the screaming will start.

I haven’t got the stomach for slicing down below 8k - 9k
I’m selling nothing but FFS, how low are we going to go?

This isn’t supposed to happen, is it?

I don’t remember shit like this in 2015 as we were leaving the Gox induced bear market.

[fillippone]

Too soon?

This is a beautiful landscape I would stare at for hours.
Perfection.

Beautiful beach, the palm trees look lovely too.

Which beach?

Well try to understand.
His girlfriend is around 🤪

This must be the only explanation!

By the way, did anyone notice that each bottom comes with different shape and it's own beauty? 😜

Yes, of course, what are we talking about?
Also Fillippone says 2,3,1

Actually the girl in the middle is taking a step and therefore we can't judge objectively, but the girl's on the left butt is partially under water so again very hard to evaluate...   btw I'm on vacation in Italy right now so I'm surrounded by nice thick juicy Italian butts  

Take care mate.
In some part of Italy blokes having rights on those butts don't like Butt Observers.