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

[fillippone]

Quote me and put the data:

Fillippone

Registration date: February 18, 2018, 08:53:54 PM
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1852120
Bpip Profile: https://bpip.org/profile.aspx?p=fillippone
Description of your avatar: I am italian, and I run a Bitcoin node + Lightning. So my hat has italian flag colours, with Lightnings casting Bitcoin symbol's shadows on the hat itself!

Long time Bitcoin investors, now broke as I lost my private keys on a boating accident. Came on the forum for a shitcoin airdrop, stayed for the technology.

[1714023892]

1714023892

[1714023892]

1714023892

[JimboToronto]

Wow. Nice dip. Too bad I didn't have a bunch of spare fiat laying around to take advantage of it. Oh well.

Seems to have bottomed out around $8k.

It sort of reminds me of the Sept 2017 dip when it crashed all the way down under $3k after hitting $5k in August.

Let's see what Nov/Dec bring.

[nikauforest]

I just woke up to some of my buy orders getting filled. Here is a fractal that may play out. I am not expected a V bottom in any case.

[HairyMaclairy]

Daily RSI nicely into the oversold zone.  Funds wired - can’t help myself but take a little nibble of physical.  Still holding plenty in reserve.  

[Globb0]

[mindrust]

Mayer Multiple is 1.0, just like when it was at $5k last time.

Screaming: BUY TIME

[Globb0]

Down is the easier manipulation,

Shorts and then dumps, but that is not sustainable as the resistance grows with each drop. Unless capit I suppose.


I expect when down gets harder? then up

[HairyMaclairy]

Good solid volume on the volume oscillator (bottom bar).  This is a potential capitulation event to seal off the baby bull and move to adolescent bull.  Would like to see volume higher still though.  You want the volume candle to look like a giant fuck off finger and we aren’t there yet.  

[proudhon]

Mayer Multiple is 1.0, just like when it was at $5k last time.

Screaming: BUY TIME

Maybe if you're a careful day trader, but ultimately this thing is on its way to sub $1,000. Bitcoin simply cannot sustain anything more than that. It certainly will never be worth more than $10,000 again.

[Yaplatu]

New bearish cycle   

[mindrust]

So statistics were telling the truth,

descending triangles are indeed mostly a bearish formation.

I shouldn't forget this next time.



200DMA is trying to hold. The battle is not over yet.

[Globb0]

Oof right in the nuts!

 

[LFC_Bitcoin]

Oof right in the nuts!

 

No need to worry my friend, just shaking out the weak hands. I really want to pull the trigger & buy but I’m going to sleep on it & see if we’ve dropped further in the morning.

[El duderino_]

Mayer Multiple is 1.0, just like when it was at $5k last time.

Screaming: BUY TIME

Maybe if you're a careful day trader, but ultimately this thing is on its way to sub $1,000. Bitcoin simply cannot sustain anything more than that. It certainly will never be worth more than $10,000 again.

Like last time....??

[HairyMaclairy]

Long / short ratio drops below 2.0 for the first time since $6k.  Is the elastic band about to snap and hurl us the other way?

That would be a perfect play of my Bakkt prediction which is asking a bit much

[Globb0]

Volume.   Check!

Stamp had a 7998 stab eek

[El duderino_]

Volume.   Check!

Green dildo in sight??

Mic would totally agree

Provide me a dildo please or the queen has to pay cause lack of intrest

[El duderino_]

Btw I voted 20K

Just in case of the BAKKT warehouse would fill up 

[Globb0]

RSI in the gutter. Up from here? seems some pause for breath at least.

[Raja_MBZ]

BSV'ers think that that they're no longer correlated to BTC price movements...



They're correct. No other coin is that down!