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

[Bossian]

There is a strong resistance at 6.4k, but a one closer around 7k, look like this one holds and I am not sure anymore we head to 6.5k... the move is really slow right now and 7.1k is probably a decent price to buy.
Decided to buy 0.31 BTC today with a target around 8k for mid January max. There is another rally expected because the charts and the RSI look really similar to Mach-April 2018!

Best of luck!  

[El duderino_]

There is a strong resistance at 6.4k, but a one closer around 7k, look like this one holds and I am not sure anymore we head to 6.5k... the move is really slow right now and 7.1k is probably a decent price to buy.
Decided to buy 0.31 BTC today with a target around 8k for mid January max.

Best of luck! 

A decent buy you planning to make.... Always like to hear when people buy.


Store a bit on side for that bet as well 

[STT]

I almost lost this in the constant stream of data on Twitter but just found it again, silver measured in SDR which is very rare to see on the radar though SDR is decades old.   It'd be interesting if as some predict SDR is the next world currency, coming out of the shadows.  As elusive as BTC origins (obviously BTC is known if not yet used mainstream) and its evil FIAT twin, public but really not considered by anyone at all while very much a prospect so a dark horse.
  Crypto is not likely on the other hand, thats just the view within the bubble when looking at forum threads here or within other crypto forums.   Just being realistic, ditto a standard based on silver or gold is unlikely also regardless of who wants that its not what politics wants.  Ultimately it will be the people who determine but not within the next decade(s) afaik.

https://twitter.com/PopescuCo/status/1205073583959150592

[El duderino_]

There is a strong resistance at 6.4k, but a one closer around 7k, look like this one holds and I am not sure anymore we head to 6.5k... the move is really slow right now and 7.1k is probably a decent price to buy.
Decided to buy 0.31 BTC today with a target around 8k for mid January max. There is another rally expected because the charts and the RSI look really similar to Mach-April 2018!
Best of luck!  

$7k holding is absolutely critical. If it breaks, prepare for maximum rectal and testicular discomfort.

[El duderino_]

Btw, I do hate testicular discomfort.

[DeathAngel]

Btw, I do hate testicular discomfort.

Some people enjoy that kind of stuff. Probably r0ach enjoys ball trampling

[El duderino_]

Btw, I do hate testicular discomfort.

Some people enjoy that kind of stuff. Probably r0ach enjoys ball trampling

If he has any, could still be a eunuch, would explain a lot as well.

[dragonvslinux]

There is a strong resistance at 6.4k, but a one closer around 7k, look like this one holds and I am not sure anymore we head to 6.5k... the move is really slow right now and 7.1k is probably a decent price to buy.
Decided to buy 0.31 BTC today with a target around 8k for mid January max. There is another rally expected because the charts and the RSI look really similar to Mach-April 2018!
Best of luck!  

$7k holding is absolutely critical. If it breaks, prepare for maximum rectal and testicular discomfort.

Today's short-term outlook, 12hr TD is on a Red 9 buy signal however the 3 Day is on a short trade (Red 2 breaking below the Red 1), despite the 200 MA support around $7K.



This shows a battle between the shorter and longer term trends in play, while the Daily and Weekly charts have returned to being fully bearish after the dead cat bounce to $7,800.



Price is continuing to test the 0.382 fib retracement (yellow line) from the $3.1 to $14k move after getting rejected by the median price of the bear channel (orange line).

[Arriemoller]

A bit slow here right now, so here's a weekend race on a frozen lake called "Speed Weekend on Ice" in northern Sweden.
Basically, people show up with a vehicle of their choice and race.
Here's a jet powered kick sled.
https://youtu.be/jKAROcrX5Wg?t=1352

A jet powered snowmobile, and much more
https://youtu.be/jKAROcrX5Wg?t=607

Edit: the name of the event.

[Last of the V8s]

loggers tasked with cutting down trees for the issue carved the Amazon rainforest into a beautiful message. They carved swathes of forest down into Greta Thunberg's face and the words "How Dare You." The epic answer to Thunberg's critics is visible from space.

[El duderino_]

https://bitcointalk.org/index.php?topic=5188987.msg53327660#msg53327660

^
Please take a look and share ideas or thoughts.....

[Arriemoller]

loggers tasked with cutting down trees for the issue carved the Amazon rainforest into a beautiful message. They carved swathes of forest down into Greta Thunberg's face and the words "How Dare You." The epic answer to Thunberg's critics is visible from space.

https://youtu.be/r8SyoRwV_To

[jojo69]

Solution: switch to linux

its own kind of hell

[jojo69]

Don't take it too seriously, when I say "I'll cut you" or I"ll beat you"

or call you "pedo guy"?

[LUCKMCFLY]

BitMEX, has introduced help to withdrawals to Bitcoin Bech32 (SegWit) addresses.

According to transactionfee.info, the percentage of such transactions has hit a peak close to 58 percent in the first half of October and at the end of November. Right now the figure stands at 56 percent.

Source: https://beincrypto.com/bitcoin-derivatives-exchange-bitmex-enables-segwit-withdrawals/

[fillippone]

Cristine Lagarde in her first conference as President of the ECB is discussing Bitcoins and Blockchain for CBDC.
She says that they are looking into that, on the Stablecoins above all, to cut costs and middlemen’s.
Times are changing.

[El duderino_]

[El duderino_]

This is awesome! Bitcoin is increasingly being discussed seriously by mainstream banks!

Enjoying a phantastic
@ValueOfBitcoin
 conference where concepts of
@saifedean
 
@100trillionUSD
 and
@phraudsta
 are explained by Manuel Andersch hosted by
@BayernLB
 !

Way to go!



https://twitter.com/MarkValek/status/1204854454312415232?s=20

[ivomm]

I am just curious why every time we have some big or small increase, a dump follows below the starting point of the "pump"? Are these the 1%-daily-profit-seeking-traders, or the casual way the closing of short/long positions work? Or even worse, whale shorters, who defend their shorts by dumping on Bitstamp their prepared bitcoins for this purpose? Perhaps some experienced trader can share his thoughts? And in this regard, is the longs vs shorts ratio on Bitfinex (293 mln vs 45 mln) a threat for the price, i.e. a potential long squeeze? I've noticed that Bitfinex longs are more stable than on Bitmex. The volume is the same as it was when the price was above 10K. Better funded perhaps, so it is hard to get a long squeeze even from 10K down to 7K. On Bitmex there is parity (312 vs 330 mln).

[Dabs]

Anyone own a G-Shock that is both Solar and Atomic? Been looking at a good cheap one. There was an expensive titanium Samurai themed one, but I don't think I'm paying $8k for a watch.