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Question: Where will this rally top out?
Already topped <$7,000 - 20 (21.7%)
$7,000-$7,499 - 8 (8.7%)
$7,500-$7,999 - 8 (8.7%)
$8,000-$8,499 - 8 (8.7%)
$8,500-$8,999 - 6 (6.5%)
$9,000-$9,499 - 1 (1.1%)
$9,500-$9,999 - 1 (1.1%)
$10K+ - 40 (43.5%)
Total Voters: 92

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21590374 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (144 posts by 34 users deleted.)
El duderino_
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December 12, 2019, 12:16:28 PM

Btw, I do hate testicular discomfort.

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

If he has any, could still be a eunuch, would explain a lot as well.
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dragonvslinux
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December 12, 2019, 12:17:01 PM
Last edit: December 12, 2019, 12:30:04 PM by 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
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December 12, 2019, 12:22:44 PM
Last edit: December 12, 2019, 12:35:06 PM by 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
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December 12, 2019, 12:35:50 PM


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_
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December 12, 2019, 12:41:46 PM

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

^
Please take a look and share ideas or thoughts.....
Arriemoller
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December 12, 2019, 01:23:05 PM


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
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December 12, 2019, 01:41:30 PM

Solution: switch to linux

its own kind of hell
jojo69
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no FOMO


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December 12, 2019, 01:51:24 PM


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


or call you "pedo guy"?
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December 12, 2019, 02:04:20 PM
Merited by JayJuanGee (1), PuertoLibre (1)

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



Quote
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/
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December 12, 2019, 02:18:45 PM

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.
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December 12, 2019, 02:26:09 PM



El duderino_
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December 12, 2019, 02:32:59 PM

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
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December 12, 2019, 02:58:57 PM
Merited by JayJuanGee (1)

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
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December 12, 2019, 03:03:55 PM

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.
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December 12, 2019, 03:38:50 PM
Merited by infofront (1), BobLawblaw (1)


Greta? Pfffff, nope.

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December 12, 2019, 03:50:25 PM


Damn Torque I cannot place you for being the SUPER serious no joking guy and the next posts you make good jokes or pointing out of being a star wars fan Cheesy

Btw how do you look at the market these days??  Dip, sideways, pump ...... absolutely no idea and just surfing the waves ??

Poll hint hint ....
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December 12, 2019, 03:50:32 PM
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It is interesting, based on the prediction model. Although in my opinion making predictions is somewhat complicated.

Quote
4 years multiple shows difference between current price and price 4 years before. It never went below 6x and if it keeps above that number in next two years next ATH would be $120K minimum.


Source: https://twitter.com/digitalikNet/status/1204928433651879941

But, According to Tim Draper:

Quote
While explaining the different financial investment options investors have, Tim said Bitcoin provides the best option for long term investors. Tim who is an investor himself predicted that bitcoin price would reach as high as $250,000 within the next few years. He said Bitcoin is constantly improving and gaining more applications.

Source: https://cryptonewmedia.press/2019/12/12/bitcoin-is-the-currency-of-the-future-says-billionaire-tim-draper/
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December 12, 2019, 04:03:44 PM



Damn V8 is back in his "off-mode"
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December 12, 2019, 04:18:20 PM

World map shows regions with an average life expectancy of over 80 years.

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December 12, 2019, 04:19:31 PM
Merited by LUCKMCFLY (1)

It is interesting, based on the prediction model. Although in my opinion making predictions is somewhat complicated.

Quote
4 years multiple shows difference between current price and price 4 years before. It never went below 6x and if it keeps above that number in next two years next ATH would be $120K minimum.


Source: https://twitter.com/digitalikNet/status/1204928433651879941

But, According to Tim Draper:

Quote
While explaining the different financial investment options investors have, Tim said Bitcoin provides the best option for long term investors. Tim who is an investor himself predicted that bitcoin price would reach as high as $250,000 within the next few years. He said Bitcoin is constantly improving and gaining more applications.

Source: https://cryptonewmedia.press/2019/12/12/bitcoin-is-the-currency-of-the-future-says-billionaire-tim-draper/

Yes this is fascinating, but this is not a model: he's drawing lines and noticing that somehow the price never got below that line.
Not a word WHY this happened.
That would be a model.

So, fascinating, but dismissed as a predicition worth for investing.

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