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

[Toxic2040]

a Sunday Wall report

I suppose one would not be much of a wizard if one can not view 'the stand of the tide' and still feel like making a prognostication. Meaning, bitcoin and other markets are what I would call 'slack' and lacking direction at the moment. This will change.

August has been a month of profit taking. The coming week will probably see this trend continue with a possibility of a end of the month rally like we have been seeing.

Bitcoin, along with most other markets has been rattled by talk of a potential recession. If anything I think this will strengthen bitcoins position as a store of value. All that being said..I have made some notations on the charts that might be helpful to some. I also think you should #dyor

1h


4h


D


W

#stronghands'19

[AlcoHoDL]

same place different vantage point.

Was this photo taken in 2018? Not that it matters...

LoL, August 18th of 2019

Ooops! Now, how on earth didn't I think of this? The way it was written, it just seemed like a year... 

LOL, thx!

[xhomerx10]

Two vantage points and more pixels

[Lambie Slayer]

Proudboyz and Antifa were causing trouble at the corn festival this weekend. They were arguing over which shitcoin is the best. 

https://wkow.com/news/top-stories/2019/08/17/fight-arrests-at-sun-prairie-sweet-corn-festival/

[Lambie Slayer]

https://beincrypto.com/mastercard-is-putting-together-its-own-cryptocurrency-team/


"The team will be responsible for both monitoring related trends and developing new products for the industry."

So basically the team will spend half its time reading WO 

[fillippone]

https://beincrypto.com/mastercard-is-putting-together-its-own-cryptocurrency-team/


"The team will be responsible for both monitoring related trends and developing new products for the industry."

So basically the team will spend half its time reading WO 

I guess this is basically what happens in every bitcoin institutions a around the world.
I bet many users here work on OTC desks and then when some whale moves the markets come here to have a laugh!

[infofront]

There's a 50/50 chance r0ach is Jamie Dimon

[machasm]

Nice green dildo to wake up to this morning.
Oh and good to see you back Toxic.

[selffish]

guys pump^^

[Phil_S]

[heslo]

Up, up, up we go!

[Wilhelm]

Double green dildo !!!!

[serveria.com]

New week starts with a pump! Morning WO brethren!

[HairyMaclairy]

If you got rid of Antifa the ProudBoys and other violent alt-right groups would still be here. Not the other way around. Antifa is a response to the alt-right. If you think they are just 2 equal sides to the same coin you have not been paying attention.

"Over the past decade, extremists of every stripe have killed 372 Americans. 74 percent of those killings were committed by right wing extremists. Only 2 percent of those deaths were at the hands of left wing extremists." (and note none of those deaths have been by Antifa)

https://www.snopes.com/news/2017/08/17/are-antifa-and-the-alt-right-equally-violent/

I find apologists for either of these groups to be disgusting.

I would consider both sides disappearing forever to be an entirely satisfactory outcome.

[HairyMaclairy]

Two vantage points and more pixels

Traffic circle by the Eiffel Tower?

[Cryptotourist]

For example, it seems that if I had some meaningful inclinations that the BTC price was going to go down before it goes up, I could describe my feelings, and it seems that I already have. 

Several weeks ago, I said that I would not be surprised if BTC corrected below $7k, especially after we had peaked at $13,880 in such a short period of time.  I cannot recall anyone with any serious credibility around here questioning my BTC bullishness, and I also felt NO need to assert my long term bullish qualifications.

That's the thing Jiggy, when someone makes a bullish post - there are no disputes or confrontations - ever.
On the other hand if a member (non-legendary usually) makes a bearish remark, he can find himself been accused of lying, manipulating or trying to influence newbies, & even as far as trying to discredit other members that might have the same opinion. That's what serveria did, and that's why I felt that I had to explain myself. Also that's why he is a liar in my book.

In any other case, of course there is no need to explain anything regarding an opinion/position.

[HairyMaclairy]

[Saint-loup]

11k in the next few hours!

[Majormax]

For example, it seems that if I had some meaningful inclinations that the BTC price was going to go down before it goes up, I could describe my feelings, and it seems that I already have. 

Several weeks ago, I said that I would not be surprised if BTC corrected below $7k, especially after we had peaked at $13,880 in such a short period of time.  I cannot recall anyone with any serious credibility around here questioning my BTC bullishness, and I also felt NO need to assert my long term bullish qualifications.

That's the thing Jiggy, when someone makes a bullish post - there are no disputes or confrontations - ever.
On the other hand if a member (non-legendary usually) makes a bearish remark, he can find himself been accused of lying, manipulating or trying to influence newbies, & even as far as trying to discredit other members that might have the same opinion. That's what serveria did, and that's why I felt that I had to explain myself. Also that's why he is a liar in my book.

In any other case, of course there is no need to explain anything regarding an opinion/position.

From long experience of markets, I have noted that this sort of balance (where there is excessive critique of bearish opinion) is invariably a significantly bearish sign for the stock/market involved.

[bakasabo]

Once again this is all gonna be like this:



So far it is 68,7% BTC Dominance