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

[rdbase]

While checking the price I see the triple eyes looking at me.

Is this an omen for tomorrow when we get to know where our destiny lies?

[d_eddie]

Ah, ok. So it's the merit system that has turned this thread into a soft and fluffy version of itself.

+1 WoSMerit

Fluffy purple heart
I'll draw for you (serious!)
if you merit me


#haiku

whore

[JayJuanGee]

via Imgflip Meme Generator

Yeah last evening when I went to bed.... I quickly opened the WO and saw XhomerX Made this HAT, thought it was a very cool one... Will wear it for a few days Then gonna go back to the 15K battle HAT

Kind of looks like an orgy.   

[sirazimuth]

.....

Take care of your dog
If you can't fucking do that
Then don't buy a dog!
....

...and don't forget to
Muzzle the noisy bastards
If they always bark

(ahem ,cough... neighbors dogs... cough, cough)

[jbreher]

When you drive on a highway and see all the cars coming towards you, maybe it's you who drives in the opposite direction.

And when the herd is charging for the cliff, it makes sense to go in the other direction.

OTOH, OBEY.

[VB1001]

Not sending the large avatar image, xhomerx10, has sent me a file, I think you are all, I will be updating.

Cite me and fill in the registration data, profile, bpip, description, It's enough.

Quote me and put the data:

(Your avatar)

Registration date: (your date bitcointalk)
Bitcointalk Profile: (your link bitcointalk
Bpip Profile: (your link Bpip)
Description of your avatar: (optional)

(Take advantage, this can be fun, tell something about your arrival at the forum, without going into private details, hobby,s.)

[El duderino_]

now look, no homo, right, but it has to be said, micgoossens' eyes are the most beautiful eyes.
they are large and round and clear and intense
when he looks at you, you feel like a dude.
sorry, The Dude
is it any wonder then that he has attracted the most beautiful woman in all Belgium? the queen, in fact

obviously I have a lot to say about V8.....

For now i’m on my way home and Will just leave it with only telling you guys about his entrance....

So he walked into where we sit....

Hey, i’m V8 and 2 guys like i’m him or... and Then HM Said i’m HM, followed by V8’s response

No way, you’re not HM.... what a dissapointment

It was hilarious

[jbreher]

Even Trace Mayer look like he is terrified.

He definitely looks like he just saw a "Smith"

Yeah. It's awkward enough to take pix of someone at closeish range. Trying to get your hand in the frame at the same time, with everything close enough to focus to be discernable, is even more so.

Let alone I was unaware of any other uses of WO handsign 'til all y'all chimed in. Perhaps Trace was mentally working through what it may signify. In this case, it represents nothing but WO.

Run Trace, you can't win.

Um Hmm. Right.

[VB1001]

jojo69 It was the first one, updated.

https://wohats.blogspot.com/


You can also send me a private message with the data.

[HairyMaclairy]

I did have a full body wax only three days ago

[btcbeliever]

Isn't it usually true that the longer Bitcoin remains stuck in the same price range, the more explosive and extreme to the upside the breakout becomes?

History repeated this way several time but you can not be just very sure about anything. HODL!

Been holding since early 2013 when price was under $25, funded my retirement in late 2017, but still waiting for higher price before significant sales of the rest.

[HairyMaclairy]

Hmmm

[HairyMaclairy]

I support minimum qualification requirements for wall observers

[El duderino_]

I did have a full body wax only three days ago

I had exactly the same the day before London

[jojo69]

now look, no homo, right, but it has to be said, micgoossens' eyes are the most beautiful eyes.
they are large and round and clear and intense
when he looks at you, you feel like a dude.
sorry, The Dude
is it any wonder then that he has attracted the most beautiful woman in all Belgium? the queen, in fact

obviously I have a lot to say about V8.....

For now i’m on my way home and Will just leave it with only telling you guys about his entrance....

So he walked into where we sit....

Hey, i’m V8 and 2 guys like i’m him or... and Then HM Said i’m HM, followed by V8’s response

No way, you’re not HM.... what a dissapointment

It was hilarious

That is fucking funny.

[kurious]

I support minimum qualification requirements for wall observers

If only...

[d_eddie]

-snip-

Nice Hand writing tho.. 

-snip-

• I didn’t use my hand to write it. I am called Italian stallion for a reason 

VB1001 already won  , . nice feet writing - No Foot fetishism- 

Italian stallion
never said he used his feet
other appendage?



#haiku

[600watt]

We never closed below the 137 daily MA during the 2017 bull run.  

Right now, we are immediately above the 137 daily MA.

[img]https://i.imgur.com/cRczS3t.pnimg]


Zoomed in

[img]https://i.imgur.com/EwrQrUa.pnmg]

We are also getting down to the pointy end of the pennant

[img]https://i.imgur.com/3LGdGTa.pnmg]

And volatility as shown by Bollinger band width in the middle bar is way down

[img]https://i.imgur.com/x0riuS2.pnimg]

When volatility falls very low, it means Bitcoin is winding up for a big move.

What does this all mean?  I am not entirely certain whether we will go up or down, but we are primed for a big explosive move.  The move will probably happen around the Bakkt launch on Monday, and will be preceded by a fake out in the other direction.  

Bullish factors:

* We are in an overall bull market driven by the halvening. Accordingly any bear attacks should be blunted and relatively short lived.  The halvening is only 8 months away.

* There is a fear in the market that Bitcoin will collapse after Bakkt release like it collapsed after the CME and CBOE.  If we all find that Bitcoin does not collapse this week, this may lead to a relief rally.

Neutral factors:

* Daily RSI is at neutral, giving us lots of room to move in either direction.

Bearish factors:

*We are sitting on the 137 MA daily.  There is a “rule” that Bitcoin cannot close below the 137 MA daily. Rules in TA are made to be broken.  Closing below 137 MA daily would make a nice scare for the bears.

*The 2015 fractal tells us we are still running hot and high.  The current price is around the forecast price at halvening.  This suggests we need to take some heat out of the market still.


[img]https://i.imgur.com/t4okqLt.pn/img]

Conclusion:

Next week is likely to be punctuated by shenanigans and big moves. I remain overall bullish but also short term cautious.  We should expect to break out of the pennant in both directions before finally deciding which way we will go.  

great post, sounds all plausible. regarding the highlighted part it could be argued that not the entire market is in fear. lots of people actually expect the price to go up when bakkt launches. imho, if prices does not make a noticeable pull upwards then panic will set in and price tanks. overall i am expecting a darth maul daily candle monday.


edited

[Last of the V8s]

It's not funny it's embarrassing. I'd like to have greeted him in a more friendly and warm, perhaps even just normal way. But I was expecting a mass of luscious locks...

[jojo69]

meh

BAKKT is a giant nothingburger