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

[bitcoinPsycho]

Bitcoin noooooooooooooooooo

[LFC_Bitcoin]

OK so people can stop panicking & cuckolding, selling all their coins. The Grayscale news was positive, stop dumping & BTFD.

[Fatman3001]

OK so people can stop panicking & cuckolding, selling all their coins. The Grayscale news was positive, stop dumping & BTFD.

nope



Edit: I hate Wednesdays

[dragonvslinux]

OK so people can stop panicking & cuckolding, selling all their coins. The Grayscale news was positive, stop dumping & BTFD.

Copy that. Just closed out most my shorts from $8k area, already had limit order fllled at $7500  
To the moon.

[_javi_]

I know we need a shake out, V bottom or whatever to change trend.. but this dump is too much. (-6% out of nowhere)

Honey badger, you are overreacting...

[Lucius]

It seems to me like someone is running a "Drop BTC, buy Gold" campaign - $500 down in just a few minutes really looks very ugly. But as always, if there is no power forward, the price crashes downwards.

This is actually similar to the situation with $10k level which is hold for a long time, but at one point it couldn't stand it anymore. The same thing is happening now, only the numbers have changed.

[_javi_]

Tick-tock.

more input please, what's going on?  

Yeah, what’s this all about?

yeah, its happening.. an insta dump to 7500

https://dropgold.com/?utm_campaign=2019_q4_DropGold

It seems Grayscale has money to burn in Ads campaigns.. good for them. thanks!

[qwizzie]

The dump to the low $7400 range was exspected by many traders for some time now, good to see it happen this fast instead of having it dragged out.
Now we just have to wait for the rebound (assuming $7400 holds) and see at which price point Bitcoin stabilizes.
  
Edit : $7412 on Bitstamp just now
 

[d_eddie]

Disclosure: Reduced my short to a small fraction of what it was. I hope in a rebound to rebuild it higher with tight stops. The long is in very bad shape, but liquidation got quite a bit further away with this oxygen intake.

[El duderino_]

BoB ain't gonna like this morning ......

[LFC_Bitcoin]

BoB ain't gonna like this morning ......

Oh shit yeah, Bob is going to be angry AF 

[bitcoinPsycho]

Sheeeeit

[Phil_S]

It seems Grayscale has money to burn in Ads campaigns.. good for them. thanks!

They're selling BTC to buy more ads?   

[El duderino_]

I know we need a shake out, V bottom or whatever to change trend.. but this dump is too much. (-6% out of nowhere)

Honey badger, you are overreacting...

[El duderino_]

Sheeeeit

[Globb0]

It seems Grayscale has money to burn in Ads campaigns.. good for them. thanks!

They're selling BTC to buy more ads?    

They need the cash to cover the law suits from American people who drop gold on their foot.

[El duderino_]

[El duderino_]

Well, sheeeit.

I'm suddenly getting the fear... that we may possibly be dealing with a BearWhale here.

#NO

[jojo69]

well, this is instructive, particularly given recent revelations

[LFC_Bitcoin]

If we go to below $5,000 I’ll either sell every single asset I own & buy more BTC or I’ll hang myself.
Both options are as likely as each other.