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

[JayJuanGee]

Could live with a big move

1) The chart depicts quarterly candles, and when I go to Tradingview.com, I can only get the charts therein to show a maximum of monthly candles, so those quarterly candles might be a feature that paid members get (I'm not a paid member, there).  Anyone know?
2)  The substantive assertion itself ("I'm pretty sure we're gonna bounce big time in the next 3-6 months") is saying something that seems to be fairly obvious, with the halvening coming in about 5 months.  
But, no outcome is any kind of actual "given" in bitcoin, even if such asserted outcome seems to have decent odds of happening.  
What kinds of odds would WO peeps give to this bounce assertion?   Greater than 50/50 odds?
What is "big time?"  Greater than $10k or greater than $13,880? Or greater than $19,666?  
I am thinking that a bounce of greater than $13,880 would be pretty BIG time, if it were to happen in the next 3-6 months?  Anyone differ in their thinking about what is a BIG bounce in our current BTC price dynamics framework?

1) yes, pay or get off the pot. https://uk.tradingview.com/gopro/?source=header_main_menu&feature=pricing

2)agree
c)agree
d)yes, for me 80/20
e)between the last 2 peaks you mention is big time for me
f)agree. could argue that anywhere lik 12k is massive...

Holy fucking shit, v8!!!!!!!!!   And, I thought that I was a confusing peep.  


You got me beat by at least a quarter of a mile (the length of a full dragstrip)  


Attention WO Peepies!!!!!!


Above is an example of a peep, who is WAY (the fuck) more confusing than yours truly.    


  

<<wallotext>>

Happitty New Years, WordyMan. And all you other louts, too.

Another wordy back.

Happy new year brother!

That wordy one truly proves me as an amateur wordy one.

[Globb0]

Mic, it ended in my price zone, just a day or so late.    


OK to go up now price.

Thanks

[El duderino_]

Mic, it ended in my price zone, just a day or so late.    


OK to go up now price.

Thanks

Mic waiting when the Globbster predict ATH-and-HIGHER-ish prices

[aesma]

I think knowing the century (and millenia) started in 2001 made some sense at the time, and I was aware of it.

Now when the decade starts is another story.

[Gyrsur]

Canum e na, ma numa nama

who is Canum?

EDIT: btw, the Gyrsur bot is now able to understand multi languages.

[LUCKMCFLY]

They claim that volatility is passive, an aggressive movement in the market is expected.

$BTC Volatility near ATL's. This chart doesn't indicate that a move is near, but looking at most of the majors' charts I expect the next move to be an aggressive one.

Source: https://twitter.com/cryptodude999/status/1212609065005793280

When markets show indecision, price action often compresses until more and more traders sit out on the sidelines, awaiting the next big breakdown or breakout to reenter the market.

As soon as the breakout begins, all of the sidelined traders begin taking positions, further adding to the severity of the resulting movement.

Source: https://www.newsbtc.com/2020/01/02/bitcoins-next-move-expected-to-be-aggressive-as-volatility-wanes/

I hope that this possible aggressive movement is bullish ... meanwhile Hodl ..

[JSRAW]

Nice jjg defend your territory  
Good for you that you celebrated next decade in advance,  let the losers and krauts Gyrsur cry  

[VB1001]

As a curiosity, ATH almost coincides with the total pages of the thread of the same year, now the thread is ahead of BTC
The graph shows the total pages of each year and the maximum annual value of BTC

Total number of pages will always increase. Cannot expect bitcoin's price to always increase too.
New pages per year might be a better factor however that doesn't even seem to have relation with bitcoin's price.

In a few months, the Bitcoin figure will be greater than the amount of WO pages.
Do not lose hope

[LFC_Bitcoin]

As a curiosity, ATH almost coincides with the total pages of the thread of the same year, now the thread is ahead of BTC
The graph shows the total pages of each year and the maximum annual value of BTC

Total number of pages will always increase. Cannot expect bitcoin's price to always increase too.
New pages per year might be a better factor however that doesn't even seem to have relation with bitcoin's price.

In a few months, the Bitcoin figure will be greater than the amount of WO pages.
Do not lose hope

In 2021 for sure, I’m not certain of that in 2020 but would love to be wrong.

[jojo69]

Indeed, the price of Bitcoin, as measured in USD, always trends toward WOPCP with an inexorable gravitational pull.

It is just a matter of time.

[Biodom]

For 2019 :

• Nasdaq: +33.98 percent
• S&P 500: +30.80 percent
• Dow Jones: +24.23 percent
• Gold: +17.83 percent
• Bitcoin: +96.81 percent
https://www.coinspeaker.com/bitcoin-hash-rate-buy/



Most profitable investments of the decade:

Bitcoin: +62,500%
Ethereum: +17,900%
Netflix: +4,280%
Domino's Pizza: +3,000%
Abiomed: +2,000%
Lululemon: +1,300%
Amazon: +1,250%
NVIDIA: +1,180%
Mastercard: +1,100%
Apple: +840%
Visa: +760%
Google: +350%
https://www.coinspeaker.com/peter-schiff-btc-uncorrelated-asset/

Actual number (according to CNBC) are
SP500  +28.9%
Nasdaq +35.2%
Dow      +22.33%

I don't want SP500 to be smug about more than 30%, hence the correction
Here is to a faint hope that next decade BTC will rally just 1% of the prior decade, which would be....a cool 90000% (OR 7187 to 6475487, lol)
Can we get that small 1% of prior gains? I hope so.

[johant123]

In 2021 for sure, I’m not certain of that in 2020 but would love to be wrong.

My feeling as well ... the increase in 2020 is probably modest, but I expect / hope that we reach a new ATH in 2021 or 2022.

Main reason; the cycles are getting more spread out, and the halving is probably more anticipated now than the last time (more energy efficient miners, and so on). So I don't expect any fireworks starting before Q3 / Q4 2020.

I'd love to be wrong as well though, of course!

[Biodom]

In 2021 for sure, I’m not certain of that in 2020 but would love to be wrong.

My feeling as well ... the increase in 2020 is probably modest, but I expect / hope that we reach a new ATH in 2021 or 2022.

Main reason; the cycles are getting more spread out, and the halving is probably more anticipated now than the last time (more energy efficient miners, and so on). So I don't expect any fireworks starting before Q3 / Q4 2020.

I'd love to be wrong as well though, of course!

It would be very nice to hit anywhere between 10-14K in 2020, with the first number being more likely, IMHO.

[Gyrsur]

in German we have a meme of Julian Hosp (surfer boy) how he tries to explain what the price will be in the future in front of a whiteboard.

And he is saying: "It could go up but it could also go down."  

some posts forced me to remember on this meme.  

EDIT: you English natives seems to be friends of many words without so much content. how does it come?

[AlcoHoDL]

Most natural and man-made processes are periodic.

Clock: 1 hour/minute/second.
Calendar: 1 day/month/year.
Solar activity: 11 years.
Tidal activity: 12 hours.
Menstrual cycle: Around 28 days.
Bitcoin: 4 years (Halving).

Knowing the period of a process allows one to arrive at a reasonably accurate prediction of future behaviour based on past behaviour. It's all there in the open, for those who want to see. You just have to open your eyes and use your brain.

4 Years. Your choice!

[Lauda]

They claim that volatility is passive, an aggressive movement in the market is expected.

$BTC Volatility near ATL's. This chart doesn't indicate that a move is near, but looking at most of the majors' charts I expect the next move to be an aggressive one.

Waiting for the media to complain that lack of volatility is bad.

[makrospex]

They claim that volatility is passive, an aggressive movement in the market is expected.

$BTC Volatility near ATL's. This chart doesn't indicate that a move is near, but looking at most of the majors' charts I expect the next move to be an aggressive one.

Waiting for the media to complain that lack of volatility is bad.

"Bitcoin volatility is dead"
(When will Bitcoin itself follow? ...)

 

[Raja_MBZ]

What kinds of odds would WO peeps give to this bounce assertion?   Greater than 50/50 odds?

[AlcoHoDL]

"Bitcoin volatility is dead"
(When will Bitcoin itself follow? ...)

 

Naaah... Bitcoin has died hundreds of times already...

There's no hope...

"Zed's dead baby, Zed's dead!"

[Lauda]

"Bitcoin volatility is dead"
(When will Bitcoin itself follow? ...)

 

Sounds like something they'd write.
Everyone should read this though: https://blog.lopp.net/bitcoin-2019-annual-review/. Essentially most metrics show progress.