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

[Globb0]

A new frontier = new challenges

[criptix]

Look at the monthly and hope we are bottoming out until eoy around 7200 with maybe a wick in the 6ks.

Else we gonna visit 200 wma :S

[modpleasehelp]

A bitcoins make a strong head move from here to 10,000 US dollar by coming end of this October in the day of Halloween. Day of Halloween are important for BTC

[makrospex]

Day of Halloween are important for BTC

I don't believe you.

He's absolutely right.
cross total of halloween date is 5.
Read up on numerology.com:

The number 5 is the most dynamic and energetic of all the single-digit numbers. It is unpredictable, always in motion and constantly in need of change.

Conclusion: Business as usual.

[JayJuanGee]

I still think that we are still in a kind of late 2015 to early 2016 period... still waiting for the May 2016 breakout. 

We already had our October/November 2015 break out, and that was when we broke up to $13,880.  Of course, no two breakouts or chart patterns are going to look alike, but still Majormax, you should at least be attempting to compare the correct areas of the fractal.  AmiNOTrite?

Yes absolutely... Please show me which are the correct areas on that particular chart.

Unless I read your post incorrectly, I was only trying to suggest that your earlier comment seemed to have been suggesting that we are in an August 2017-like scenario currently.  So, I thought that was a wrong assumption.  Again, maybe I misunderstood your earlier post, but that was why I was trying to suggest that it seems that we are still in early 2016 - and I am not even trying to suggest where we go from here... except maybe up in the next few years ... without any real presumption about whether more correction might happen from where we are right now.

[JayJuanGee]

Who the fuck you calling goyim? Fuck off with that offensive shit. After all we've done for you.

Oh?  I thought "goyim" was a term of endearment.  Maybe I am miss understanding dee retarded evil little quasi-irrelevant roachie more than I had previously believed?  Go figure.

[realr0ach]

Lying Jeff Berwick has been pitching Acapulco as an anarchist utopia for years. I guess it could be, in an ultra-realism kind of way, since it's 100% controlled by homicidal drug cartels.

https://www.wired.com/story/anarchy-bitcoin-and-murder-in-mexico/

That article seems more of a derision against Mexicans than Berwick.  It's not really hard to understand.  Winters and cold climates require more ingenuity to survive so natural selection doesn't entirely select for violent psychopaths who can beat everyone else up.  It requires people who can actually think to not die.  The hotter climates are then perpetual 10 year old school bully environments.  Most of Europe gets cold, China gets cold, Japan gets cold, Korea gets cold, Russia gets cold, and everywhere else is full of cavemen.

Italy gets colder than Greece and the Romans surpassed the Greeks.  Iran seems to get colder than most other Islamic areas and they seem to be more advanced as well.

[JayJuanGee]

Current Weekly outlook: TD Sequential 9 currently up for grabs this week, haven't seen one of these since April 2019 and July 2018.
Full moon didn't do sh*t to decide, hoping this week can define a direction for the following weeks/months.
Looking at three potential scenarios long-term, as shown by A (bullish TD 9), B (wedge breakdown) and C ("bullish TD 9).

Part 9: TD Sequential 9 Next Week To Decide Direction?
..


Source: TradingView, October 20th 2019

Own work: dragononcrypto

I am not sure if I understand the overall proposition, of the above.

Shouldn't three possible scenarios be something more closely resembling: 1) Up 2) down or 3) flat?

How could you have proposed three possible scenarios that are: 1) Up 2) down or 3) up?   Confusioning!!!

[BitcoinGirl.Club]

got you fam

Thanks brother.

Culture?  Is that what they call pump and dump scammers now.

Nocoiners, stay away 🤪

[JayJuanGee]

Back to price analysis....

3.5 month parabolic run at the initial stages of breaking down  

https://www.tradingview.com/x/PtdtsMU7/

And what should we expect from this?

Doesn't look good.  

[dragonvslinux]

Current Weekly outlook: TD Sequential 9 currently up for grabs this week, haven't seen one of these since April 2019 and July 2018.
Full moon didn't do sh*t to decide, hoping this week can define a direction for the following weeks/months.
Looking at three potential scenarios long-term, as shown by A (bullish TD 9), B (wedge breakdown) and C ("bullish TD 9).

Part 9: TD Sequential 9 Next Week To Decide Direction?
..


Source: TradingView, October 20th 2019

Next week looks set for a bullish TD Sequential 9 on the Weekly chart that hasn't been seen since July 2018. Back then this led to a 40% increase in the price of Bitcoin followed by 4 months of consolidation. This scenario is labeled "A". Extrapolation C is the inverse of the "bearish" TD 9 in April 2019 that led to a continuation of the bull trend. Hence, C is labeled as the "bullish" TD 9 but would be the most bearish scenario. Scenario B is the extrapolation of the 2018 wedge breakdown, as documented in Part 1 of the Bitcoin repeating history series.

The two year vpvr "average price" is referenced as a key level to break (and close) above at $8376.

Own work: dragononcrypto

I am not sure if I understand the overall proposition, of the above.

Shouldn't three possible scenarios be something more closely resembling: 1) Up 2) down or 3) flat?

How could you have proposed three possible scenarios that are: 1) Up 2) down or 3) up?   Confusioning!!!

Updated the quote, highlighted the relevant scenario. The "bearish" TD 9 in April was bullish af basically, hence if the opposite occurred the "bullish" TD 9 could be bearish af.
Obviously anything could happen, like another 8 different scenarios that somewhat overlap. I just like my comparisons to see that this current price movement isn't that unique at all.
Hope that it explains it, not very good at explaining these things. Only making drawings really.
This wasn't meant to tell you where the price is going, but potentially why, same as Part 8.

[JayJuanGee]

Back to price analysis....

3.5 month parabolic run at the initial stages of breaking down  

https://www.tradingview.com/x/PtdtsMU7/

And what should we expect from this?

Parabolic breaks almost always lead to

1) Strong retracements back (~85% - 60% if I recall, don't have the stats in front of me atm)

2) Macro trend reversals (think of bitcoin run ups and what happens, like after btc hit $20k)

Yeah, but we have already had our 85% correction down to $3,122.  Remember December 2018?

We are getting another 60% to 85% correction from the $13,880?  That makes hardly any sense.

Now if you were talking about a 60% to 85% correction from some kind of new ATH or something like that, then you might be starting to make some senses.  Perhaps?

In other words, the impression that I am getting is that you are one of those loonies or shills who are spreading disingenuous pie in the sky thinking rather than attempting to grapple with on-the-ground BTC price dynamic realities.

[Last of the V8s]

https://twitter.com/cryptosteel/status/1186354407019110400

Want. Not saying where I want it, just that I want it

[whiteboy420]

pray for the ponzi.

shorts closing is the only buy support i see.

[d_eddie]

pray for the ponzi.

shorts closing is the only buy support i see.

You are free to go and screw yourself. Come back in a year or so. Thank you.

[Last of the V8s]

https://fortune.com/2019/10/21/stephen-moore-trump-fed-nomination-cryptocurrency-stablecoin-frax/
eh

[El duderino_]

via Imgflip Meme Generator

Pffffff still f***ed up on my laptop.....??

[gentlemand]

Pffffff still f***ed up on my laptop.....??

Press ctrl and f5 together and you should be reborn. Or if you're on a Mac it might be shift and reload.

[El duderino_]

Pffffff still f***ed up on my laptop.....??

Press ctrl and f5 together and you should be reborn. Or if you're on a Mac it might be shift and reload.

Thx man, but still the same (when I open in chrome its messed up, at safari its OK)....

[El duderino_]

Pffffff still f***ed up on my laptop.....??

~

Damn, and I was reading this cause I thought there where some new helpful instructions