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

[JimboToronto]

Sold 90%, I hope it's the correct choice.  I can't see it hitting over 12500 again in July at the very least.  The traders on trading view mainly suggesting drops to mid 10's 9's or 8's this month before a temporary pullback.  Could be a bad week from here on in.

You sold the dip? 

Noobs. Sigh.

[600watt]

Sold 90%, I hope it's the correct choice.  I can't see it hitting over 12500 again in July at the very least.  The traders on trading view mainly suggesting drops to mid 10's 9's or 8's this month before a temporary pullback.  Could be a bad week from here on in.

bold selling 90% in the midst of a major bull run. it could hit 12500 maybe even today or tomorrow.

[bitebits]

One moment you're cruising comfortably over $13K, ...

Shit be crazy, yo.

Bring on the volatility. Nom nom.

The halving hype will at least take until.. the halving. So that means 300+ days of a wild roller coaster ahead of us. These dumps are there to try and tame Bitcoin as long as possible, but with all the hype the fomo blowout again seems almost inevitable. Or this time is different?

[Zaanda]

Sold 90%, I hope it's the correct choice.  I can't see it hitting over 12500 again in July at the very least.  The traders on trading view mainly suggesting drops to mid 10's 9's or 8's this month before a temporary pullback.  Could be a bad week from here on in.

You sold the dip? 

Noobs. Sigh.

my average sell price was 13057.   I was  expecting a sell off, the alt coins were dumping and i figured this was keeping bitcoin price artificailly high as they are mostly paired to bitcoin.  Decided to sell most of my stash.

Could be a wrong choice but, I will look at it again next week just think this needs time to cool off a little.  

[Arriemoller]

One moment you're cruising comfortably over $13K, ...

Shit be crazy, yo.

Bring on the volatility. Nom nom.

The halving hype will at least take until.. the halving. So that means 300+ days of a wild roller coaster ahead of us. These dumps are there to try and tame Bitcoin as long as possible, but with all the hype the fomo blowout again seems almost inevitable. Or this time is different?

Well, so far the chart is different, so that would make this time...different?

[kurious]

Some are already turning off the lights, and I guess that is really a good thing (not if you lost money) Needs a flush out. Where will be a safe haven? may drive more than 1 coin up a bit too.

Ha, you will have guessed where my thoughts are, Globb0.

But nothing is 'safe' in alts right now, so BTC dominance only looks like increasing, it's a feedback loop. 

Yes, I think the clean out is due, and yes, Bitcoin IS king of this castle - but I'm in the 'It's an ecosystem' camp.  A healthy market protects King Bitcoin from always being one-on-one against those that want to create a myriad of centralised state-controlled shit to try to wall it off or take it on.

Viable contenders with a valid use case alongside Bitcoin, means crypto is a hydra, a many-headed monster that cannot die.

[Arriemoller]

Sold 90%, I hope it's the correct choice.  I can't see it hitting over 12500 again in July at the very least.  The traders on trading view mainly suggesting drops to mid 10's 9's or 8's this month before a temporary pullback.  Could be a bad week from here on in.

You sold the dip? 

Noobs. Sigh.

my average sell price was 13057.   I was  expecting a sell off, the alt coins were dumping and i figured this was keeping bitcoin price artificailly high as they are mostly paired to bitcoin.  Decided to sell most of my stash.

Could be a wrong choice but, I will look at it again next week just think this needs time to cool off a little.  

If you buy back right now you might be forgiven, otherwise you will never be a hat bearer.

[kurious]

Sold 90%, I hope it's the correct choice.  I can't see it hitting over 12500 again in July at the very least.  The traders on trading view mainly suggesting drops to mid 10's 9's or 8's this month before a temporary pullback.  Could be a bad week from here on in.

You sold the dip? 

Noobs. Sigh.

my average sell price was 13057.   I was  expecting a sell off, the alt coins were dumping and i figured this was keeping bitcoin price artificailly high as they are mostly paired to bitcoin.  Decided to sell most of my stash.

Could be a wrong choice but, I will look at it again next week just think this needs time to cool off a little.  

You went full retard?   Good luck: Bitcoin is a cruel mistress that can turn on you while you sleep.

[vapourminer]

OMG I go for a nice soak in the bathtub and get out to see we had an $1100 correction/retrace.

We're still over $12k though so I'm still calling a new AYH by the end of July.

industrious little buggers , beavers. done a lot of flooding via their dams. natures engineers at work.

Aren't beaver dams the reason Alfred Nobel invented dynamite? Half a stick does wonders.

possibly.

i must admit initially i wasnt too pleased losing several back acres to swamp/pond.

but nature will take its course, even if one tries to disrupts it. and when all is said and done, all the dead trees etc in the swamp will fall, decompose, and give life to new fertile soil for new growth when the beaver dams are gone.

and it very cool monitoring them. i can fly to and hover around 10-15 feet from the dams and lodges, plus areal views. kinda my new hobby, checking the beavers and their engineering projects out. the drone doesnt seen to bother them at all.

[VB1001]

Until 22 (Bakkt) we will be with volatility.
Meanwhile, sell down and buy up.

StrongHats / Hodllllllllll

[scambust]

The problem with selling 90% of your Bitcoin stash is that now you have to check the price twice a day or even every hour because the bull run is just beginning and maybe you wake up and the price is a lot higher than the price you sold.

I experienced this with some altcoins. I sold at 10x thinking I'm so smart but then it went up more to never come down again. It went up 40x more. Even with the long bear market, the price is still 3x higher than I sold.

[Arriemoller]

Until 22 (Bakkt) we will be with volatility.
Meanwhile, sell down and buy up.

StrongHats / Hodllllllllll

Yes, because we never see volatility otherwise.

[realsteelboy]

Sold 90%, I hope it's the correct choice.  I can't see it hitting over 12500 again in July at the very least.  The traders on trading view mainly suggesting drops to mid 10's 9's or 8's this month before a temporary pullback.  Could be a bad week from here on in.

bold selling 90% in the midst of a major bull run. it could hit 12500 maybe even today or tomorrow.

I think today is likely

[subscriptiondelivery]

Sold everything in 13k.X range.
I'm little afraid we dip more untill 8-9k before a big up.

[bitebits]

One moment you're cruising comfortably over $13K, ...

Shit be crazy, yo.

Bring on the volatility. Nom nom.

The halving hype will at least take until.. the halving. So that means 300+ days of a wild roller coaster ahead of us. These dumps are there to try and tame Bitcoin as long as possible, but with all the hype the fomo blowout again seems almost inevitable. Or this time is different?

Well, so far the chart is different, so that would make this time...different?

I don’t look at the $ price or ‘charts’. But the sentiment is not different at all.

[VB1001]

Bitcoin price predictions from early 2018.

https://twitter.com/ChartsBtc/status/1148973208126648320

[angel55]

Sold 90%, I hope it's the correct choice.  I can't see it hitting over 12500 again in July at the very least.  The traders on trading view mainly suggesting drops to mid 10's 9's or 8's this month before a temporary pullback.  Could be a bad week from here on in.

The traders on trading view don't have a clue, they don't know what they are doing or what they are talking about.
They are a bunch of wankers.

Just do the opposite of what they are telling you to do and you are golden.

[fillippone]

Bitcoin price predictions from early 2018.

https://twitter.com/ChartsBtc/status/1148973208126648320

Great one, out of sMerits.
I owe you some.

[JayJuanGee]

With $13,000 as the new psychological barrier to the bull run, anything below it now is bear territory, and bulls will need to stay on their toes.

You seem to be setting the barriers for "good times" too high, and there is no need to get all depressed merely because bitcoin does not go above $13k in the coming months.

Furthermore, we can  stay above $7k and bitcoin would still be bullish, even though $7k would constitute a 50% correction.

However, if a deeper correction follows here, it could be considered extremely healthy for the first ever crypto asset.

We already had a 30% correction down to $9,614 within the past weeks, so perhaps another correction would be reasonable, but I doubt that it is a condition precedent in order to go up to $17k-ish.

With $13,000 as the new psychological barrier to the bull run, anything below it now is bear territory, and bulls will need to stay on their toes. However, if a deeper correction follows here, it could be considered extremely healthy for the first ever crypto asset.

What is it with you n00bs and your obsession with corrections.
Every time bitcoin goes down a dollar you all start screaming about "healthy corrections".
Just shut the fuck up and enjoy the ride.

Hm?  Maybe Arriemoller's response was better than mine?    

[JayJuanGee]

Sold 90%, I hope it's the correct choice.  I can't see it hitting over 12500 again in July at the very least.  The traders on trading view mainly suggesting drops to mid 10's 9's or 8's this month before a temporary pullback.  Could be a bad week from here on in.

Who gives any shits about what traders on trading view say?  What do peeps in WO thread say?  Even then, take with a grain of salt.  Even then, what the fuck you playing around with 90% of your stash?