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

[serveria.com]

I have not seen despair yet in this cycle (my 3rd). Consider yourselves lucky.

It will come, even if briefly

If $3k after $20k is not despair then I don't know what is.. 

[SuperTA]

Speaking of real estate, here is the longterm chart from early 1800 through the history for almost 200 years. You can see the cycles of real estate activity repeating every 18 years on average. You also must look at your local real estate specific cycles and prices. I studied this for my local city and i was very surprised how this can be well predicted.

Not only that. Looking deeper and researching the very longterm charts of financial crisis i discovered they have a biger and smaller cycles repeating through history like some sort of natural influence or something. Some cycles are so big and repeating  aprox. every 300 years or even 1000 years while some smaller cycles exist within the biger cycles. I was seeking even further and i was amazed that even the peaks and the end of well known civilisations in humans history are repeating in the cycles together with the global warming and global cooling cycles. Really interesting!

[Raja_MBZ]

~snip~

Are you trying to say that you were correct about lack of buying support in the $7ks?  Seems a bit strange that we also had a price spurt from $7,300 to $10,300, which would have come after your previous post that was asserting lack of support in the $7ks and $8ks.  Not exactly a clear assertion, even though 2 months later we find ourselves in the midst of either a price drop or consolidation in the lower $7ks.

IMO, the following ranges matter the most (in the mid-term):



During that jump to $10.3k, 1-day/3-day closes looked awfully bearish and never broke out of the range.

[Wekkel]

I have not seen despair yet in this cycle (my 3rd). Consider yourselves lucky.

It will come, even if briefly

If $3k after $20k is not despair then I don't know what is.. 

In hindsight, $3k could be that moment, yes.

[dragonvslinux]

I'm starting to think the sell-off could be done. I also don't doubt we could go lower, but for the second time this year I see the possibility of a low.
This was my TA from 2 months ago (when the price was >$10K) that had a target of $6,875. This particular descending triangle didn't entirely play out, but the breakdown target has now notably been reached regardless. If you're still selling or shorting, you're doing it wrong.



Time to start accumulating 

[BitcoinGirl.Club]

<snip>

What could go wrong?

It does not cost to stay optimistic 😜

[jojo69]

... we are lucky to live at the peak of our civilisation.

https://hyperallergic.com/526406/pimple-popping-videos/

Peak you say?

[LUCKMCFLY]

Bitcoin Climbs from Recent Lows as Bulls Fight Back

According to :

$BTC #Bitcoin 1 hour decision point

Source: https://twitter.com/BigCheds

[Questioningss]

It truly is a Party in the Bear Market !  

https://tenor.com/view/fan-wild-drink-gif-10999710

[Last of the V8s]

agreed

[Bitcoinaire]

Looking at the past cycle, we're looking similar to Aug 2015 or Aug 2016. We should be consolidating for awhile before the next leg up.

[El duderino_]

I’m at a back to the 90’s party...... but I can’t stop myself from WTactualF*** V8?? Where’s that damn HAT at??  

[Last of the V8s]

I’m at a back to the 90’s party...... but I can’t stop myself from WTactualF*** V8?? Where’s that damn HAT at??  

[xhomerx10]

xhomerx10,Please make a hat for me,just now ranked up to a full member after a long wait, hope you will have nemo on it.

xhomerx10,Please make a hat for me,just now ranked up to a full member after a long wait, hope you will have nemo on it.

Congrats, do PM him as well in case he misses your post

done.

 Okay. I’m thinking of something orange, and it’s small…
You guys make me ink.



avatar-sized

[SuperTA]

Wow, another nice hat. That fish is immune to the deadly sea plant which can paralize other fish species. So it usually hides there from the bigger fish.

[inca]

What comes first, Tesla Cybertruck or bitcoin next ATH? 

[El duderino_]

At our dear Lambie’s advice ..... me is spending almost no cash in order to save for BTC....

Micg at local back to the 90’s party and drinking beer instead of fancy’ness.....

via Imgflip Meme Generator
^
Oooooh yes, inviting the BULL as well!!!!!!!!

Cheers bro’s

Straight out of Belgium !!!!!

[Raja_MBZ]

What comes first, Tesla Cybertruck or bitcoin next ATH? 

The real question is:

When 1 BTC = 1 Tesla Cybertruck?

[Lambie Slayer]

Hopefully 6400 will have a shot, but the speed down is brutal and the volume is still sad and longing for the Bargain Boyz to return.

If 6400 doesnt hold I dont see how we dont get to at least as low as 5200. That should be a compelling price even for the stingy, cold and calculating Bargain Boyz.

Damn Lambie, I have to say I'm pretty impressed with the general gist of your calls over the last couple of months. Your bearish leanings have been vindicated.

The Bargain Boyz attempting to pick up just north of $7k have thus proven themselves to not be very good at their profession. The real Bargain Boyz will only be known to us after they have already picked up. The art of identifying the steep dollar-store bargain as its happening is one that is difficult to master.

Sir take my last 4 merits. The obvious truths are hardest to see through a cloud of bias and neediness and I commend you for having vision to pierce through that miasma. The bubble to 14k while it was spectacularly surprising and not obvious in its rise, was destined for an obvious fall if you were impartial to the circumstances.

This impartiality is exceedingly difficult for people who have not invested enough. This is counterintuitive so I will explain what I mean.

The general dollar store advice is that if you are biased and stressed about your investment you have invested too much, while this is true, even with Bitcoin, the opposite is also true when it comes to King Bitcoin. It is such a good investment that true bias and stress comes from investing a large amount, but the amount not being large enough.

When you take your investment level to ridiculous extremes in percent of your net worth you become free of worry because you are forced to accept the fact that it could all go to zero and you will be wiped out in savings. As you deal with and accept this possibility early you realize that you are part of a cause greater than yourself and hypothetical losses in the future are inconsequential.

This same phenomena is why you see children with cancer who may not survive enjoying life while their family freaks out and is sad all the time. The child is all in, while the parents are just heavily invested. The child is forced to accept the potential of his death and he becomes ok with it, the parents worry and stress the whole time.  

So the only stress free way I know of to invest in King Bitcoin is to go virtually all in.

Any other option is where the worry can get you and the bias can cloud your judgement.

hahahahaha

How about you can fuck off, lambie? holier than thou, art.. thee, not.      



You are not more insightful or free merely because you are purportedly overinvested in BTC.  Get real.

Of course, for yourself, you might have come to that conclusion, and believe that such a way of "all in" investment works, presuming that you are actually representing what you actually do.

Each person can decide for him/herself regarding the amount to invest (or to invest) and whether s/he believes that his/her level of investment (or not) has brought enlightenment.

STFU Permabear infidel.   You wouldnt be so stressed and writing walls of text all day if you had the courage of conviction to embrace the all in way of hodl life.

Your fear permeates through your text walls every day for all to see. The only way to change is to get the fuck out or go all in. Otherwise you will continue to suffer and nothing will change.  

And of course I am more insightful than a primitive chat bot.

[Lambie Slayer]

At our dear Lambie’s advice ..... me is spending almost no cash in order to save for BTC....

Micg at local back to the 90’s party and drinking beer instead of fancy’ness.....

via Imgflip Meme Generator
^
Oooooh yes, inviting the BULL as well!!!!!!!!

Cheers bro’s

Straight out of Belgium !!!!!

This is beautiful Mr. Goose, well done.  The bottom must be getting close now.