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

[Raja_MBZ]

Diamond bottom reversal pattern. This looks really nice. Credits: @BigCheds

[cAPSLOCK]

This is one of those times where I feel like fundamentals overpower technicals.

[Biodom]

Diamond bottom reversal pattern. This looks really nice. Credits: @BigCheds

Thanks. I would believe that we might be following this pattern if we rip off to 9300-9400 shortly.
Otherwise, it would be just a bounce.

[criptix]

Pretty risky to look at the 5 min chart

HTF is bearish, with downside possible to lower 7k which would also fill another cme gap.

We broke pretty easy through the 200 dma which is around 8700 - pretty fucked if this becomes resistance now.

[eddie13]

OUCH!!!!!!!!!!!!!!

[Gyrsur]

smart money accumulation phase until next halving

[Biodom]

smart money accumulation phase until next halving

I wish that instead of accumulating for two years, then having a two week-one month bull crescendo (2013 or 2017), we would have half and half (flat top). Too much to ask for? For example, if price dynamics literally followed S2F model, I would be very happy indeed.

[Syke]

Bought the dip.

[bitserve]

Well... Well...

As much as this dump hurt it was also badly needed. Too much optimism and expectations of imminent wealth. Too many weak hands piling up month after month.

We are still way ahead (price-wise) of what we were expecting not so long ago for this time of the year.

Now let's just see if this was enough to clear most of the weak hands (it doesn't seem so) or if we still need to go lower.

HODL.

[jojo69]

Don't panic, keep #HODLing   

this_is_sparta.jpg

I have been hearing this for two years to keep on holding.
I wonder when the holders will be in a position to get benefit 

Bitcoin is a mechanism to transfer wealth from the impatient to the patient.

[El duderino_]

BAKKT the big savior
Only an empty warehouse
Vegeta needed

And fast HODLsleep

[El duderino_]

BAKKT the big savior
Only an empty warehouse
Vegeta needed

And fast HODLsleep

Need reinforcements 
BAKKT institutional bucks
Fat nothingburger

[El duderino_]

^^
NP jbreher will keep pumping/supporting that one

Clearly BSV led that drop. Little ol' BTC merely caught in the wake.

or smth

Whatevs... I have all the time in the world.

One will not say that when he’s under the dirt......

No man got all the time in the world....

[Biodom]

Don't panic, keep #HODLing    

this_is_sparta.jpg

I have been hearing this for two years to keep on holding.
I wonder when the holders will be in a position to get benefit  

Bitcoin is a mechanism to transfer wealth from the impatient to the patient.

well, as long as at that time I am not an impatient patient...with a cane.

I wonder where Bob is.
I think that he might have sold a tranche at 11-13K.

[jojo69]

Most men truly fear women, most of the time there are two reactions as signs of fear when a woman enters a room full of males:
Type 1 becomes quiet
Type 2 becomes active (compensational behaviour)

https://www.youtube.com/watch?v=QvOVZjXIEwA

[jbreher]

^^
NP jbreher will keep pumping/supporting that one

Clearly BSV led that drop. Little ol' BTC merely caught in the wake.

or smth

Whatevs... I have all the time in the world.

One will not say that when he’s under the dirt......

No man got all the time in the world....

When one is in the catbird seat, the difference between the end of the world and 'it doesn't matter' is merely academic.

[jojo69]

SO


                 NOW




                        WHAT

[d_eddie]

You may find yourself
in a beautiful house
with a beautiful wife
and you may thank yourself
it's good to hodl

[Syke]

https://www.youtube.com/watch?v=QvOVZjXIEwA

Wow, YFF? That's obscure.

[infofront]

You picked quite the day to peak out of the cabinet, mayor.