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

[JayJuanGee]

Good morning WO!
Observing @ $6,620

Very soon $6,500?

Nope, we gonna witness $100k first.  

You think we're more likely to go $93.4K higher then $100 lower? Ok 

Stop messing with the hypothetical, dragonvslinux.  You party poop.   

[1714146378]

1714146378

[1714146378]

1714146378

[dragonvslinux]

Good morning WO!
Observing @ $6,620

Very soon $6,500?

Nope, we gonna witness $100k first. 

You think we're more likely to go $93.4K higher then $100 lower? Ok 

Stop messing with the hypothetical, dragonvslinux.  You party poop.   >

I do however see the argument for this being a "fake out", as previously referenced. The measured target of $6,600 has been met from the descending triangle breakdown, $6500 doesn't necessarily have to happen, it could easily be a double bottom or higher high. This is an obvious take profit zone for shorts, not a shorting area.



Either that, or within a few minutes we'll be there 

PS - This needs to come to an end first. This is getting ridiculous.



RSI at 96 is virtually unheard of, even for Bitcoin related TA.

[LFC_Bitcoin]

There are 56 ass holes including R0ach? 😁

Could be one or more posters who have a shit load of low ranked alts.
Whoever voted $6,500 is right, any way.

[dragonvslinux]

On another note, go day traders on the 10 minute chart.



You can do it, $6556 is being defended with strong volume, also within 1 cent.

[Lambie Slayer]

[edited out]

Talk to me about responsible hodling when you diversify out of some of you questionable investments and up your percentage of investment into the King.

Salty Cunt tears cant handle Bargain Boyz were right and he was wrong.  

Your best move is dump some of those shitcoins, stocks,

Salty Cunt crying for being called out on his questionable non Bitcoin investments and his refusal to divest in them and buy more King Bitcoin at these Bargain Boyz prices he thought wouldnt come.

and whatever other risky items you are holding on to, and buy more of the King of Corn now that we are entering into the Bargain Boyz promised buy zone that you refused to believe in till it ran you over like a train.  

Salty Cunt spouting his retard incremental boredom routine. Truth is he is insecure about not having a higher percent of his investments in King Bitcoin.

Fixed your angry rantings for you. Now go take your blood pressure medications.  You will need them as we go lower and I get bullish and you start to get mad at bull calls like you did when I declared we were in a Baby Bull market in December of 2018.

JJG blood pressure indicator is undefeated.  

via Imgflip Meme Generator

This meme is gonna be fun for the next 7 days.

via Imgflip Meme Generator

[dragonvslinux]

Good morning WO!
Observing @ $6,620

Very soon $6,500?

Nope, we gonna witness $100k first.  

You think we're more likely to go $93.4K higher then $100 lower? Ok  

Stop messing with the hypothetical, dragonvslinux.  You party poop.  

Either that, or within a few minutes we'll be there  

My TA says we need a new Wall Observer poll. $6,500 hit to the cent on Coinbase.

[mindrust]

AAAAAAAAAAAMM IIII FREEEEEEEEEEEEEEEEEEEEEEEE

FREEEEEEEEEEE FAAAAAAAAAAAAALLLIIIINN

This is again one of those exciting funny days.

https://www.youtube.com/watch?v=1lWJXDG2i0A

$6500 is trying hard to hodl.

Already spent a few k's on btc this month and I feel like I am feeding a bottomless pit.

After going up and down like this it is possible that we are going to enter another consolidation zone and stay there for who knows how many months.

We have gone a full circle. Can't believe what I'm seeing.

It is goddamn 6500 boring price again, and now again.

[makrospex]

AAAAAAAAAAAMM IIII FREEEEEEEEEEEEEEEEEEEEEEEE

FREEEEEEEEEEE FAAAAAAAAAAAAALLLIIIINN

This is again one of those exciting funny days.

https://www.youtube.com/watch?v=1lWJXDG2i0A

$6500 is trying hard to hodl.

Already spent a few k's on btc this month and I feel like I am feeding a bottomless pit.

After going up and down like this it is possible that we are going to enter another consolidation zone and stay there for who knows how many months.

We have gone a full circle. Can't believe what I'm seeing.

It is goddamn 6500 boring price again, and now again.

Tom Petty?

This day is ridiculous.
What is this dumping?

[efialtis]

Holyyyyyyyyyyy s***, will we even fall below the 5k €€€€€€€€ mark?   800 € to go.... All this just before the holidays, what a timing!

[El duderino_]

Hellowz there guys.

Are you guys still sure you do not want to hire us ? 

The Cryptonian Group

In desperate need, but lost all my coins .... wanna help out a brother for free??

[bitcoinPsycho]

Hellowz there guys.

Are you guys still sure you do not want to hire us ? 

The Cryptonian Group

Positive

[Lambie Slayer]

Hellowz there guys.

Are you guys still sure you do not want to hire us ?  

The Cryptonian Group

Sup dipshit. Nah we dont have any need for retards but I hear there are opportunities for tards out there, just keep looking.  

https://www.nytimes.com/1964/01/06/archives/hiring-the-retarded-63-marked-employment-turning-point-for-mentally.html

"Mainly the kinds of job the mentally retarded can do — and do well — are unskilled, service or shortcycle repetitive tasks. Other workers become bored in such jobs, but not the retarded (Cryptardian). They can take pride in the ability to do such work."

[xhomerx10]

In further ass news tonight we can confirm that...


https://twitter.com/DaveVescio/status/1207028149873082368?s=20

...capitalists are assholes.

 A few workplace compensation claims will put a stop to that silliness.

[P_Shep]

Now $100K? 

[makrospex]

Hellowz there guys.

Are you guys still sure you do not want to hire us ? 

The Cryptonian Group

what for?
There are lots of comedy clips on youtube for free!

[bitserve]

Anyhow, Richy_T took his marbles and went somewhere else.. and whined the whole time about BIG blocker nonsense including supposed censorship going on within this forum.

Hunh huh... 'supposed' ... JJG tryna make a funny.

Know what's funny? I had a heart attack during december 2013 dump.

Now I will leave you wondering if serious or not.... I will just say that I have "the card" that enables me to joke with that as much as I want

Might be going down the TMI road, but health ideas should affect bitcoin investment ideas in terms of how much time might remain in your investment horizon, and what is your particular status whether accumulator, maintainer or liquidator.  

Some people have real solid health issues that could spring up upon them at any time, but even younger people can sometimes be surprised by some kind of issue that comes up to make them more serious about considering their own mortality.  Surely we have talked about it quite a bit in this thread, and I have even made some implications regarding my own thoughts about my timeline and how it might change.  

None of us longer term holders really want to be considering cashing out any bitcoin during a dip, but if some additional health matters suddenly come up, we might change our viewpoint (back to having options) because we are already in profits, versus someone who is more clearly still in the accumulation stages - which might be anyone who has average BTC costs that are not clearly profitable and maybe in the less than 2x price appreciation arena rather than being in a 4x to 10x or more price appreciation arena.

Another thing is that some BTC HODLers may have gotten into bitcoin early (I saw part of your story in the BSV thread), but then they did not take the opportunity (by hook or by crook) to establish a stronger starting position, so their current accumulation of BTC remains ongoing because they feel that their overall stake still remains relatively low, even if they got started in bitcoin much earlier than others.

Actually, I recognize that I got started much later in bitcoin than some people, and even started buying BTC at way higher prices than their initial investment, but they made some BIGGER mistakes along the way regarding either cashing out too much or not buying enough on the dips, so then my BTC holdings ended up becoming quite greater than theirs.  Of course, we all have boating accident issues, too - or something similar to that, so there is that concept, too.

The problem with life expectancy is that it is just that... an "expectancy". It is very rare cases when you know what your real "limits" are. For example, I could die tomorrow, in ten years, or even in 30-40 years. Heck, maybe there is a little chance for 50 more years (not unheard of in my family). That doesn't help to really change investment behaviour.

I mean, if I knew I only got 10 years left. Well, then I got more than enough to cover that with considerable better lifestyle/spending habits than I currently have. Without working. But what If live 30-40 years more? Then I don't have enough, so it is for that scenario that I need to keep making money.

Also, even if you have it all perfectly covered, sometimes shit happens. Like... you know, the tax agency (or an accident) decides there is reason to seize all your banking money and assets. Then there's the having some money outside the grid that I was talking in the post in the BSV thread.

So the thing is you never know how much money is "enough", even if you are not particularly "greedy". But, even if you already reached that point... there is still a solid reason to keep some (or even most) in an asset like Bitcoin.

Yeah, it would help to have a more precise live expectancy figure to be able to plan your financials... but that's not how life works. Maybe there are some pension/insurance funds that you could use (at a cost) that would cover you in case you end living much more than your statistical expectancy... but that's something I have not really looked into, yet.

[Lambie Slayer]

Hellowz there guys.

Are you guys still sure you do not want to hire us ?  

The Cryptonian Group

In desperate need, but lost all my coins .... wanna help out a brother for free??

Oh my, sorry for your loss  . Noo freebies, you know how it is.

Hellowz there guys.

Are you guys still sure you do not want to hire us ?  

The Cryptonian Group

Positive

Positive (Y)

Hellowz there guys.

Are you guys still sure you do not want to hire us ?  

The Cryptonian Group

Sup dipshit. Nah we dont have any need for retards but I hear there are opportunities for tards out there, just keep looking.  

https://www.nytimes.com/1964/01/06/archives/hiring-the-retarded-63-marked-employment-turning-point-for-mentally.html

"Mainly the kinds of job the mentally retarded can do — and do well — are unskilled, service or shortcycle repetitive tasks. Other workers become bored in such jobs, but not the retarded (Cryptardian). They can take pride in the ability to do such work."

1 Up for the Creativity there. Nothing else

+1 for being a good sport
But seriously, anyone with an iq high enough to be here would never fall for such a silly scam as you have been presenting.

Nigerians and Indian call centers focus on scamming feeble minded elderly so if you really are dead set on trying to make it as a scammer I would suggest focusing on the elderly, not a thread full of high iq individuals and an angry chat bot.
 
But I would recommend that you in general avoid a scammer lifestyle bc surely u are smart enough to do something else in life than scams with no chance of working on us, or running phone scams on the elderly for a few bucks a week and a potential jail sentence.

[Phil_S]

Oh. I see it's time to leave WO for a while. Nothing good for next 10 pages or so.

[Hyperjacked]

Well well
Buy da dips n burn da manips 

[vroom]

ok, enough of this shitshow. I demand a pump! I demand the mother of all pumps! Nuke the alts, sacrifice the shitcoins as bitcoin fuel. go go go!