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

[El duderino_]

When BTC drops and we need a drink 

[1714847200]

1714847200

[1714847200]

1714847200

[El duderino_]

Today I need someone to hodl my hand and say that everything is still ok.

I encourage you to stare directly at this until late 2021.



I also advise you to ask family members to keep you fed and clean whilst your attention is completely absorbed by it.

By the time its spell is broken everything should be tickety boo.  #nohomo

 

[Icygreen]

Last post this afternoon, must gitz bak to work sints we'z poor again.

I'll be listening to this.
Joe Rogan Experience #1368 - Edward Snowden  (nearly a million views today)
https://www.youtube.com/watch?time_continue=6&v=efs3QRr8LWw

Edit:  Snowden storytell drone for 3 hours, Joe asks a question and Edward tells a story.... snore.....maybe I'm being critical. Was hoping for the Joe Rogan interview experience.

[Ludwig Von]

Was just reading from @100trillion iirc that tools like futures and gbtc are created to suppress Bitcoin's price. Since they do not own actual BTC but still want to short it.  The long of this is,  Bitcoin's price might not be Bitcoin's price, gamed prices and timelines.

If i dont understand wrong, to supress the price you need actual selling of BTC.
Some morons betting on btc price (cash settled future contracts) cant affect the price.
BUT it seems they managed to get a selling counterpart (baaad whale).. They bet on a low price, and in the other side they actually sell BTC. Then the whale rebuys lower. (rinse and repeat)

Rigged game. They win, we suffer observing walls...

The thing is most of these morons don’t know what the halving is & the effects that the reduced supply will have on the price post halving.

Loads of them will get fucked in the ass financially when the parabolic rise starts, probably in 2021. These noobs can’t suppress the honey badger.

You can’t control what can’t be controlled. Let them have their fun for now, they’ll get screwed eventually.

Whales know what halving is. And are no morons, they would not be whale, no?

[Raja_MBZ]

I'm not expecting ~$9000 support level to break down, but if it actually does break down, $6000 ain't out of cards.

Whoaza Raja.

You seem to be a bit ahead of yourself, and yes I do agree that there should be some decent support at $9k, but there should also be some decent support in the $8k to $8.5k range too, no?

Hmmm... from a bird's eye view at the late-2017 to 2019 price chart, it doesn't really seem like that $7xxx-$8xxx are the levels which can prove to be strong (as both, support and resistance). I know this is a very big range of values, but that's just how I look at it!

After 1 month, we're almost there at the $6xxx support levels.

[Fatman3001]

https://i.imgur.com/wAbEely.gif

I mean, what sort of soft and noodly limp-dick HODLer would sell into this ? It's just uncivilized. Picked a bad week to stop drinking tho. Gained a solid 10 lbs of fat and bloat while out in Napa that I'm still trying to work off. All protein and juices for me this week.

Putting on the weight is easy AF. Getting rid of it, the older you get... Just... sheeit. Looking good takes work as age sets in.

Speaking of which, what's this shit with Dennis Quaid dating someone like 29 years younger ? What do you even have in common with that difference in age (beyond the obvious desire to rut like two caribou in heat)

39 years younger

[bitserve]

Meh.

This is fine.

Unpleasant, for sure... but still fine.

[whiteboy420]

Instead of getting margin called.

Have small amount of stops before the margin call. Your margin call price will get lower and have a stop before that call. (cross leverage)

Your position will be underwater and need a price above your oginal entry but better than losing it all.

Hopium is only above $9000

Adding to your longs isn't a good idea in this scenario.

Try to stay alive


Everything under $9k is a potential bull trap.

Above $9k and you have to analyze the market & adjust your stops.

Reduce or add but with multiple stops

As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.

[El duderino_]

Instead of getting margin called.

As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.

[LUCKMCFLY]

Well, it's never too late, thanks to Bitcoin this noble boy found love.



When your Laptop literally saves your life.

[modpleasehelp]

Instead of getting margin called.

As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.

yes correct. I expecting further violent dipping occur here. $3000 Bitcoin is coming by end of month

[El duderino_]

Instead of getting margin called.

As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.

yes correct. I expecting further violent dipping occur here. $3000 Bitcoin is coming by end of month

[rebal15]

Well, it's never too late, thanks to Bitcoin this noble boy found love.



When your Laptop literally saves your life.

Well, it's never too late, thanks to Bitcoin, this noble girl has found ......... and bitcoin

[teosanru]

Instead of getting margin called.

As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.

Actually just saw the daily chart this might just be whiteboy420's opinion but the charts say a similar picture. We are having a pretty bad situation on the charts. The 50MA is intersecting the 200MA from above which actually shows a negative momentum. We are atleast going around to 6800 ranges which is support from 50MA on weekly charts. Here you can see. It's called the death cross.



Read more about the death cross here https://www.investopedia.com/terms/d/deathcross.asp

[rebal15]

Instead of getting margin called.

As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.

yes correct. I expecting further violent dipping occur here. $3000 Bitcoin is coming by end of month

Which month?

[El duderino_]

^^
I just don't believe or have to much faith in TA's they are like a newspaper fun to read and look at but +90% bullsh*t .....



Some hopium charts nice and cool, some bear charts look ugly as hell.... but for me its just HODL and believe that i'm doing the right thing as i'm been doing it for a few years... I have to admit that I don't have to much to regret so the TA's guys are happy, i'm happy everybody happy

[rebal15]

Instead of getting margin called.

As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.

Actually just saw the daily chart this might just be whiteboy420's opinion but the charts say a similar picture. We are having a pretty bad situation on the charts. The 50MA is intersecting the 200MA from above which actually shows a negative momentum. We are atleast going around to 6800 ranges which is support from 50MA on weekly charts. Here you can see. It's called the death cross.



Read more about the death cross here https://www.investopedia.com/terms/d/deathcross.asp

Where is JJGI, JayJuanGee Indicator, in the chart. when he is a real man, BTC is at the bottom. When he switch to a kind bot, bull market. angry bot, bear market. It is the best indicator for TA.

[LFC_Bitcoin]

Well, it's never too late, thanks to Bitcoin this noble boy found love.



When your Laptop literally saves your life.

Well, it's never too late, thanks to Bitcoin, this noble girl has found ......... and bitcoin

An impotent cock?

[rebal15]

Well, it's never too late, thanks to Bitcoin this noble boy found love.



When your Laptop literally saves your life.

Well, it's never too late, thanks to Bitcoin, this noble girl has found ......... and bitcoin

An impotent cock?

Good suggestion

[Searing]

Well, it's never too late, thanks to Bitcoin this noble boy found love.



When your Laptop literally saves your life.

Well, it's never too late, thanks to Bitcoin, this noble girl has found ......... and bitcoin

An impotent cock?

Good suggestion

I keep telling people...go to the local 'jiggle' shop, those exotic dancers sure are tech-savvy when you start talking about your Bitcoin stash..who'd a thunk it?

Tis a mystery indeed!