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Question: Feb. 15 Closing Price:
$0 - 3 (2.6%)
<$8,500 - 6 (5.1%)
$8,500-$9,000 - 3 (2.6%)
$9,001-$9,500 - 2 (1.7%)
$9,501-$10,000 - 12 (10.3%)
$10,001-$10,500 - 30 (25.6%)
$10,501-$11,000 - 21 (17.9%)
$11,001-$11,500 - 14 (12%)
$11,501-$12,000 - 7 (6%)
>$12,000 - 10 (8.5%)
>$30,000 - 9 (7.7%)
Total Voters: 117

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21527307 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (142 posts by 32 users deleted.)
fillippone
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July 18, 2019, 06:34:19 AM

With the way things are moving, its anyones guess on which route bitcoin might take and depending on what stimulates the market I foresee BTC taking any one of these routes.



My blockchain based, distributed AI algorithm produced the following graph:








: )))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))


^ that was my reaction. And I had food & ale & chewing & stuff. Cheesy Cheesy

Thx for the meme of the day! Smiley

Meme of the day!
Thnks,
That’s an achievement for someone that came to the WO for the Knowledge,but ends up being recognised for the LOLS.
This is not sarcasm (Poe’s Law), but true appreciation!
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JayJuanGee
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How much alt coin diversification is needed? 0%?


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July 18, 2019, 06:34:46 AM

Are we gonna crush the 10K again soon-ish ?

And be on our way to the 15K-ish zone?

Come on BTC and goodmorning WO’s

Maybe we should get a $10k hat?

Oh wait.

Edit:  
Bam... and thar she blows...

Feels almost like the first time, with over 350 coins gobbled up at the exact price of $10k, just like that.
fillippone
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July 18, 2019, 06:36:36 AM

Are we gonna crush the 10K again soon-ish ?

And be on our way to the 15K-ish zone?

Come on BTC and goodmorning WO’s

Maybe we should get a $10k hat?

Oh wait.

Once you wear an higher price cap, the old one get disposed and it is not wearable anymore.
JayJuanGee
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How much alt coin diversification is needed? 0%?


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July 18, 2019, 06:40:00 AM

Are we gonna crush the 10K again soon-ish ?

And be on our way to the 15K-ish zone?

Come on BTC and goodmorning WO’s

Maybe we should get a $10k hat?

Oh wait.

Once you wear an higher price cap, the old one get disposed and it is not wearable anymore.

Makes some sense... If I really ponder it.    Wink
HairyMaclairy
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July 18, 2019, 06:41:45 AM

Draw your own conclusions



https://imgur.com/SXSznS8
El duderino_
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July 18, 2019, 06:48:20 AM

Are we gonna crush the 10K again soon-ish ?

And be on our way to the 15K-ish zone?

Come on BTC and goodmorning WO’s

Maybe we should get a $10k hat?

Oh wait.

Once you wear an higher price cap, the old one get disposed and it is not wearable anymore.

Very accurate..... you know the game Cheesy
realr0ach
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July 18, 2019, 06:57:50 AM

Draw your own conclusions

https://i.imgur.com/SXSznS8.png

Dumb comparison comparing a full retracement back to 0% fib level in first chart vs a 61.8% retracement in current chart.  You didn't properly measure from the start of the pump and dump in each chart.  Hell, the first chart actually went BELOW the 0% fib level into negative retracement.  Whatever conclusion you're trying to derive, you're doing it wrong.  Unless you're trying to claim the current price is also supposed to do a full retracement back to $4k, but I doubt that's what you're trying to do.  Regardless, your fractal voodoo theory already seems to have broken down.
HairyMaclairy
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July 18, 2019, 07:06:46 AM
Merited by JimboToronto (1)

Fibs are for Flipper
piebeyb
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July 18, 2019, 07:11:16 AM

Draw your own conclusions



https://imgur.com/SXSznS8
the conclusion is that bitcoin prices fell not because of news about Trump Tweets and others, but because the price of bitcoin is being corrected, so there doesn't seem to be a big problem when prices drop due to correction, thinking for the long term not with short term
realr0ach
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July 18, 2019, 07:12:28 AM

If Trump banned Bitcoin causing the price to implode to nothingness, whose posts would be most entertaining to read afterwards:

1)  Elwar
2)  Trollgoossens
3)  Marcus of Tel Aviv
4)  JayJuanGee
El duderino_
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July 18, 2019, 07:17:56 AM

If Trump banned Bitcoin causing the price to implode to nothingness, whose posts would be most entertaining to read afterwards:

1)  Elwar
2)  Trollgoossens
3)  Marcus of Tel Aviv
4)  JayJuanGee

Trump better see to be in Office again...... cause there Will be more uncertainty about that for him.... Then about that time we Maybe don’t know where BTC could be already Cheesy

realr0ach
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July 18, 2019, 07:25:31 AM

If Trump banned Bitcoin causing the price to implode to nothingness, whose posts would be most entertaining to read afterwards:

1)  Elwar
2)  Trollgoossens
3)  Marcus of Tel Aviv
4)  JayJuanGee

Trump better see to be in Office again...... cause there Will be more uncertainty about that for him.... Then about that time we Maybe don’t know where BTC could be already Cheesy

The Trump team already initiated a study for 1)  an oil price shock and 2)  the effects of the collapse of price in Bitcoin study a while back so I wouldn't be too surprised if they clobber the Bitcoin Ponzi.
El duderino_
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July 18, 2019, 07:27:50 AM

Still let say 13.8 current high and low 9 current low

Then what do we like more an instant red line and be at that low .... or a 2-3 month suffer of each day a few bucks lower?

Please give me the fast spikes Cheesy

Negotiation
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July 18, 2019, 07:33:31 AM

If Trump banned Bitcoin causing the price to implode to nothingness, whose posts would be most entertaining to read afterwards:

1)  Elwar
2)  Trollgoossens
3)  Marcus of Tel Aviv
4)  JayJuanGee

4 people are legend, not bell Trump   Cheesy

Trump only shitcoin  Cheesy

Got invitation letter soon micgoossens,JayJuanGee from The White House  Cheesy
realr0ach
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July 18, 2019, 07:37:20 AM

Please give me the fast spikes Cheesy

Alright.  You asked for it.

JSRAW
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July 18, 2019, 07:39:41 AM

If Trump banned Bitcoin causing the price to implode to nothingness, whose posts would be most entertaining to read afterwards:

1)  Elwar
2)  Trollgoossens
3)  Marcus of Tel Aviv
4)  JayJuanGee

4 people are legend, not bell Trump   Cheesy

Trump only shitcoin  Cheesy

Got invitation letter soon micgoossens,JayJuanGee from The White House  Cheesy

Retina is that you?
Negotiation
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July 18, 2019, 07:41:42 AM

If Trump banned Bitcoin causing the price to implode to nothingness, whose posts would be most entertaining to read afterwards:

1)  Elwar
2)  Trollgoossens
3)  Marcus of Tel Aviv
4)  JayJuanGee

4 people are legend, not bell Trump   Cheesy

Trump only shitcoin  Cheesy

Got invitation letter soon micgoossens,JayJuanGee from The White House  Cheesy

Retina is that you?

who retina?
JSRAW
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July 18, 2019, 07:48:08 AM

^ nevermind bro, you reminds me of one poster.



One sad news coming from Japan. Kyoto Animation fire: Thirteen dead after suspected arson attack (Confirmed Arson attack and 10 13 death so far.)
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July 18, 2019, 08:08:45 AM
Last edit: July 18, 2019, 09:20:10 AM by wwzsocki
Merited by JSRAW (1)

From some time we have a correction and very strong bearish sign, which is the death cross.

I am still bullish and think that we will bounce back up from 7000$ levels when this correction finally ends.




As we all see from the charts there is not much buying volume so will be very hard to break the trend/resistance line at 10200$ if we manage to get there at all.
Exactly on this trend line, we see EMA 200, which confirms how strong this resistance is and how hard it will be to break it. BTC will bounce back to 10000$ and go down again to 7800$ levels.
There is just no other way, taking into consideration all available data. Low buy volumes, death cross, the bearish trend from weeks and Trump talking trash about BTC.

The scariest is the Death Cross, because the last time when we had the opposite sign, which is the Golden Cross, BTC price shoot up from 5000$ to AYH at around 14.000$.
If one just buys on the Golden Cross and sell now on the Death cross, would make around 100% in profit. Don't mention to sell on AYH, which makes almost 300%.
As for now, I have never seen this two to be wrong.

Here is the hourly chart, where we can see how strong the resistance is, with the EMA 200 above.



If we look at RSI will see the best example of an asset in the bear market. RSI never breaks the 60 range and repeatedly is on the oversold level deep below 35.
Now RSI will go back up and exactly when the price will be nearing the resistance line, RSI will be at the highest range. This will be a very good signal to sell if there will be no buying pressure from the bulls.

On the four hour chart, we can see much better, how the Death Cross is nearing and this is the major bearish indicator and there will be another deep very soon.
StochRSI nearing to the overbought levels and this will be the time to short BTC again.



Still, I am long term bullish and think that after this correction BTC will go back up, much higher as AYH or even ATH. Corrections are good and give us an opportunity to buy cheap BTC again  Grin.
As I said before, I will start buying BTC again around 7000$ levels. I hope that this will be not too soon. Of course, I will closely monitor everything and adjust my decisions in real-time because is just impossible to predict the future precisely. Especially when it goes to such a volatile asset as BTC.
 
Always look at the positive side of things. We can short BTC, so there is not much drama when these corrections occur. A few years ago, when there was no possibility to short BTC, we all have to wait for the deeps to buyback. Today we can participate in the market non-stop and keep making good, profitable trades, even when the BTC price is falling.
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July 18, 2019, 08:59:45 AM

Bear attack. Bitcoinwisdom.io being DDOSed. Bring it on fur munchers. 
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