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

[LUCKMCFLY]

More than $ 80Millions of liquidations in Bitmex, for short positions.


source: https://www.newsbtc.com/2019/10/26/bitcoin-price-rips-past-9000-now-up-20-on-the-day/

You can reach $ 10k because there is not much offer at those price levels.

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[Dakustaking76]

It keeps rising dayuuuuuuuumnnnnnnnn

[Arriemoller]

Now this is the kind of movement that makes me feel like I'm sniffing coke.

[Icygreen]

It seems, based on your comments that you just hold and hope. Did anyone bought the bottom and say that publicly? You all just hold or even shorted this?  

Sure, I made 2 posts buying at 7.4K and called a low of 7.3 weeks ago.

I have a Vietnamese friend who's been trying to get a good position on BTC for 2 years now.  I originally told him in Nov. 2017 to just buy and hold.  Well he didn't and bought high and sold at the bottom of 3xxx
Now messaged me again yesterday and asks what a good entry is.  I said "buy now (@7.4K) because the whole world is waiting to pile on at 6k. Don't wait!"
You know what he did, he waited.  
TLDR:  Buy and Hodl beats trying to time the trades for most people
Are you feeling lucky, Punk?

Can you quote please?

I don't believe yet. More bear posts needed! Deploy the FUD trolls!  Please save me!
disclosure: Bought this dip twice and considering another. Long term multi-halving HODL

Thought I posted twice, looks like it was bought twice posted once. I did get a third buy in but didn't post.

Just going over Bitcoin's price history in my mind and remembering the last time we fell to 8K from the ATH. I remember the feelings of excitement at 8K even though we had already dropped about 58%. I thought that was the bottom at the time and Terra wasn't having any of it.
I remember her saying something along the lines of, bottom? "Bitcoin is eight fucking thousand dollars, get real!"

Anyhow, times are different now and because we've been here several times before, We might be looking at a new sideways support plateau similar to the previous 6K support line a year ago. I'm not saying it will result in the same drop, in fact I still think 7.3K will be a great discount bottom if we are to ever arrive there.  Thinking these sideways support zones will be the new norm going forward at least for awhile. It's slightly less volatile and there is slightly more support.  
The normies on crypto twitter are screaming bear flag. Been around just long enough to remember how that goes.    
Not really technical analysis because I got none of that but more SOMA of where I think we are.



TLDR?  8K is the bottom, BTFD!

[bitserve]

uh oh

[jojo69]

https://www.youtube.com/watch?v=g25G1M4EXrQ

[degxtra1]

Any comments?

[goldkingcoiner]

  All this just because of king ping pong saying he likes blockchain?

[bitserve]

I think I could "do" this all day. Every day.

[Dakustaking76]

Any answers for this riseeeeeee


They keep buying ore fake ?

[heslo]

Jeeeeeesus Christ. That just happened

[xhomerx10]

Told ya'.  Heart palpitations.

[rdbase]

Over $9000 LFC_Bitcoin hope your online to witness when I put on my vegeta hat it came to be!

[Arriemoller]

Did I jinx it?

[SuperTA]

I got here 2 days ago. I said litterally i announce buy at 7.4 and i said above 8.8/8.9 is a bull market again. I'm talking about this 2 days now. And still got questions, why this happened. Now it's 10k. 


But can't complain about btc longs gains.

[Saint-loup]

@yefi , first we need to break 8800/8900 , there are 3 resistance lines and then we have descending line higher around 9500.

RU kidding ?

Now that Mr Xi has said the "real" currency war is over crypto and not $USD, no amount of resistance is going to prevent a skyrocketing to the upside. Market just blasted through $8400 where it was trying to correct but didn't get a chance.

....look, just hit 8700. nearly at 9.

Problem is too much demand and not enough coins to satisfy that demand.

This is what spurred the 12% rise in price within 30 minutes of the the news China is leading the way to blockchain with it being shown on a national republic broadcast of a woman holding a book called mastering blockchain.
https://www.coindesk.com/president-xi-says-china-should-seize-opportunity-to-adopt-blockchain
https://www.coindesk.com/bitcoin-jumps-12-as-chinas-xi-embraces-blockchain-boosting-crypto-sentiment
https://blockmanity.com/news/bitcoin/mastering-bitcoin-presented-chinese-official-tv-channel-blockchain-path-towards-digitized-assets/
Blame it on China!
I think China has enough coins. They are mining all of it from owning 81% of all bitcoin pools.

Very fresh news...  
The "news" about "Mastering Blockchain" is from october...        2018      



You didn't see the year? How did you find that by the way?
It's the problem of posting several links at once time. You don't check them carefully and you make mistakes.

[actmyname]

What a ride holy shit

[Icygreen]

I got here 2 days ago. I said litterally i announce buy at 7.4 and i said above 8.8/8.9 is a bull market again. I'm talking about this 2 days now. And still got questions, why this happened. Not only you missed 7.4k but also missed 8.8k. Now it's 10k.

Got  zero thank you comments for this warnings  and zero merits.

But can't complain about btc longs gains.

Here, have a pitty merit 

[Arriemoller]

I got here 2 days ago. I said litterally i announce buy at 7.4 and i said above 8.8/8.9 is a bull market again. I'm talking about this 2 days now. And still got questions, why this happened. Not only you missed 7.4k but also missed 8.8k. Now it's 10k.

Got  zero thank you comments for this warnings  and zero merits.

But can't complain about btc longs gains.

Would you stop whining please.

[jojo69]

I got here 2 days ago. I said litterally i announce buy at 7.4 and i said above 8.8/8.9 is a bull market again. I'm talking about this 2 days now. And still got questions, why this happened. Not only you missed 7.4k but also missed 8.8k. Now it's 10k.

Got  zero thank you comments for this warnings  and zero merits.

wannnnh