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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26837268 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. (174 posts by 1 users with 9 merit deleted.)
sirazimuth
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December 14, 2019, 08:15:40 PM
Merited by BobLawblaw (1)

I catch up last page and read about bum scanning.... ah yes...gotta love the WO.........
LUCKMCFLY
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December 14, 2019, 08:55:53 PM
Merited by Hyperjacked (1), makrospex (1)

Opinion of John Bollinger, inventor of the Bollinger Bands ..

Quote
Presently, because the Bitcoin market is choppy and consolidating following the break below the $8,000 mark in late November, BB shows that there is a squeeze. Aforementioned, a breakout because of this accumulation is on the offing, benefiting HODLers.


Source: https://twitter.com/bbands/status/1205601394616483840


Quote
Traders who use the Bollinger Bands to filter out signals often watch out for this pattern. When it prints, usually high volatility is on the offing. In this scenario, BTC prices are largely stuck on range mode. As prices consolidate–bulls are overwhelmed by a wave of incessant bears, aggressive traders can begin placing limit positions on either side of the divide in expectation of a relieving price rally, or a discouraging dump.



Source: https://coingape.com/bollinger-bands-squeezing-is-bitcoin-btc-ready-for-9000/
arklan
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December 14, 2019, 09:05:03 PM

I catch up last page and read about bum scanning.... ah yes...gotta love the WO.........

right!?

and of course your post is immediately followed by an on topic, serious post with actual useful data. love it.
Hyperjacked
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It's all mathematics...!


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December 14, 2019, 09:13:28 PM

Opinion of John Bollinger, inventor of the Bollinger Bands ..

Quote
Presently, because the Bitcoin market is choppy and consolidating following the break below the $8,000 mark in late November, BB shows that there is a squeeze. Aforementioned, a breakout because of this accumulation is on the offing, benefiting HODLers.


Source: https://twitter.com/bbands/status/1205601394616483840


Quote
Traders who use the Bollinger Bands to filter out signals often watch out for this pattern. When it prints, usually high volatility is on the offing. In this scenario, BTC prices are largely stuck on range mode. As prices consolidate–bulls are overwhelmed by a wave of incessant bears, aggressive traders can begin placing limit positions on either side of the divide in expectation of a relieving price rally, or a discouraging dump.



Source: https://coingape.com/bollinger-bands-squeezing-is-bitcoin-btc-ready-for-9000/

John Bollinger is a rockstar ! The bb’s are the cats pajamas...  gotta love the tighter the range the more explosive the move!
Cheers 🥂
jojo69
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December 14, 2019, 09:25:26 PM

Wait.

Did Bollinger himself just use the word HODL?!
Hyperjacked
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It's all mathematics...!


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December 14, 2019, 09:31:30 PM

Wait.

Did Bollinger himself just use the word HODL?!

No doubt he reads WO 😎
STT
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December 14, 2019, 09:32:17 PM

Nice.  But I'd never take one indicator by itself, its all part of the picture.    His Bolinger bands can be working just fine and we can scrape along the bottom for 6 months I guess.     Using daily bars like that is kinda short term so yea we're nearer to the bottom of the band, seems fair.
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It's all mathematics...!


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December 14, 2019, 09:35:51 PM

Nice.  But I'd never take one indicator by itself, its all part of the picture.    His Bolinger bands can be working just fine and we can scrape along the bottom for 6 months I guess.     Using daily bars like that is kinda short term so yea we're nearer to the bottom of the band, seems fair.

TA Should be a mosaic imo but bb the shizzle wit da sizzle!
vapourminer
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what is this "brake pedal" you speak of?


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December 14, 2019, 09:42:48 PM
Merited by JayJuanGee (1)

Requesting to add
#coloscophobia

I had coloscopy once, without any meds or narcotics. I certainly didn't enjoy it, but it also wasn't a very bad experience at all. A couple of kinda numb feeling pinch-like shoots of light to medium pain sensations, nothing that gets you worried. The "hose" is 10mm thin, so even thinner than an index finger.
Get over your fears and get it done. Don't worry you might enjoy it, because you won't.
Taking pills before coloscopy is something for the ladies  Grin
(sorry ladies, no offense)

one word: proponfol. youll never know it happened.

if it was good enough to kill michael jackson, its good enough for me.
HI-TEC99
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December 14, 2019, 09:54:09 PM

Nice.  But I'd never take one indicator by itself, its all part of the picture.    His Bolinger bands can be working just fine and we can scrape along the bottom for 6 months I guess.     Using daily bars like that is kinda short term so yea we're nearer to the bottom of the band, seems fair.

TA Should be a mosaic imo but bb the shizzle wit da sizzle!

Most of it's crap. Jonoiv sold at 6k because of some Elliot wave crap, then it went to 14k.

...

I was about 90% until we hit 6000.  then I was'nt sure about this rally at all so sold for now.  



...this is a typical phase B of the elliot wave, and the volume confirms it.  

JayJuanGee
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December 14, 2019, 10:21:54 PM

Ouch.

Didn't Hairy say something about middle december dump?

The good thing about dumps is the following pump... unless another dump follows.

Bleh, it's been long time since I don't have any idea what the price gonna do, so let's just let it be. This is fine.

I thought that a week or more ago, the longs out numbered the shorts, so if we can  get the shorts to out number the longs, then wouldn't that provide REKKening fuel?



Are we there yet?


Not there yet?

HI-TEC99
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December 14, 2019, 11:17:46 PM

Ouch.

Didn't Hairy say something about middle december dump?

The good thing about dumps is the following pump... unless another dump follows.

Bleh, it's been long time since I don't have any idea what the price gonna do, so let's just let it be. This is fine.

I thought that a week or more ago, the longs out numbered the shorts, so if we can  get the shorts to out number the longs, then wouldn't that provide REKKening fuel?



Are we there yet?


fillippone
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December 14, 2019, 11:32:50 PM

This is it. - Bye Crypto


https://www.youtube.com/watch?v=cf3lgs_fFnM

Can't Hear You Now - Mike Shinoda


Shinoda  Roll Eyes
He's a genius at making beats and sound, but the rap is meh and the music is even weaker than linkin park's last album.
I'm a big fan of shinodas remixes and LP in the older days, tho.
The video is just  Huh sooo 80's, but digital.
Thanks for sharing, Bitcoin is ded.

EDIT: Wait?!
One of the Kryptonians, again?
This is almost like bitcointalk-herpes.
To me, this is one of the best remixes ever (easy, when the original material is so good):

https://youtu.be/ofrB6OCSsgk

This is how I got to know Shinoda.


HairyMaclairy
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December 14, 2019, 11:53:32 PM
Last edit: December 15, 2019, 12:09:59 AM by HairyMaclairy
Merited by El duderino_ (3)

Bitfinex long / short ratio now over double previous ATH.  Was about 3.5 to 1, now 7.6 to 1.

Bitmex funding costs haven't moved.  In fact, demand for shorts exceeds demand for longs (shorts pay longs).  Something is fucky.



https://i.imgur.com/zg4Iw4c.png
fillippone
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December 15, 2019, 12:00:17 AM
Last edit: May 16, 2023, 06:55:30 AM by fillippone

Bitfinex long / short ratio now over double previous ATH.  Was about 3.5 to 1, now 7.6 to 1.

Bitmex funding costs haven't moved.  Something is fucky.


Why funding cost didn’t spike this time in your opinion?
STT
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December 15, 2019, 12:03:36 AM
Merited by JayJuanGee (1)

Mainstream headline follow up to the idea of dead mans switch.   $145m is alot of people losing their jobs or capital I guess, cant be a feasible scenario for a company to allow as even remotely possible.     



https://us.cnn.com/2019/12/14/business/lawyers-exhumation-gerald-cotten-intl-scli/index.html
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December 15, 2019, 12:04:05 AM
Merited by El duderino_ (3), bitserve (1)

According to the 2015/16 fractal, we are on target.




https://i.imgur.com/NusTvTY.png
HairyMaclairy
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December 15, 2019, 12:09:23 AM
Merited by El duderino_ (3)

CME Futures are responding well to the support line (shown in orange)



https://i.imgur.com/6heDkHD.png
AlcoHoDL
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December 15, 2019, 12:27:53 AM
Merited by HI-TEC99 (1)

I had coloscopy once, without any meds or narcotics. I certainly didn't enjoy it, but it also wasn't a very bad experience at all. A couple of kinda numb feeling pinch-like shoots of light to medium pain sensations, nothing that gets you worried. The "hose" is 10mm thin, so even thinner than an index finger.
Get over your fears and get it done. Don't worry you might enjoy it, because you won't.
Taking pills before coloscopy is something for the ladies  Grin
(sorry ladies, no offense)

EDIT: Just saw the dump. Unexpected, but not that of a surprise, too. #hodl on!

Civilized colonoscopies are done with intravenous diazepam, inducing a dreamlike half sleep which allows you to watch the procedure on the monitor without any discomfort. You don't even feel the insertion.

The worst part is the day before, evacuating your colon with a gallon of disgusting fruit-flavored laxative/electrolyte solution and shitting increasingly lighter-colored liquids until it's clear.

Not to mention the farting that follows...

Haven't had a colonoscopy myself, but have witnessed the aftermath. I remember waiting in a queue at a hospital, to see a gastroenterologist. There were two guys there, one had finished a colonoscopy and was recovering, and another one waiting to have one. The first guy said to us that he was soon going to start farting (the nurse had told him he had to let it all out) and apologized for this. Man, this was something. He started a non-stop farting concert, so long and loud, it was like he was first violin in the Vienna Philharmonic. All of us in the room were crying from laughter. Then the doctor came and said they had run out of normal "tubing" and had to use the "anaconda" (whatever that means). The guy that was waiting for the colonoscopy got scared and left shouting "I ain't doing this shit!"

Damn, that was an experience I'll never forget.
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December 15, 2019, 12:40:43 AM
Merited by JayJuanGee (1)

Will Craig Wright use his "exploit" to take down Bitcoin (BTC) by end of 2019?

"Craig Wright says he has an exploit to take down Bitcoin (BTC) by end of 2019. Does he? Or all talk?"

https://youtu.be/4TOnHAlI_Vg

WTF? I hope it's just Craig Wright talking out of his ass...

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