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

[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!

[modpleasehelp]

^^
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

TA is everythieng in this game. so you must pay attention on it.

3k BTC WILL COME any day here

[serveria.com]

^^
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

TA is everythieng in this game. so you must pay attention on it.

3k BTC WILL COME any day here

3k is not scary... you should try harder... why not 1k? 

[Last of the V8s]

https://twitter.com/NickSzabo4/status/1187089734910136326

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[kurious]

That's a good point. Though I suspect behind the scenes where the real practical regulatory discussions are taking place by analysts that bitcoin is still front and center.

Good point. There was an old cartoon about how would you like you cryptocurrency scare, terrorism or paedophilia flavored? I guess we can add facebook (or 'big tech'* in general) to the options now.



*To be clear, there's a lot about big tech that's a problem but using it for scaremongering is a nasty tactic.

Hey Richy - welcome back.  Good to see a real OG like you back in the WO.

Stick around, eh?   

[yefi]

Meh.

This is fine.

Unpleasant, for sure... but still fine.

This needs to turn fairly soon though. A drop to high 6000s, sure; a drop below 6500, hmm, not so good.