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

[sureshnsnet]

Mainstream adoption - it’s coming!



Wolves vs Man Utd

Really it is a amazing to see that kind of environment  on going all over the world and promoting the bitcoin in mainstream such a great way, but I disappointed the result of game between Wolves vs Man Utd ended has draw.

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[jojo69]

AYH!!


Yaaaaay

[d_eddie]

The triangle tip
leads into a nice bart up
Jojo: TA, yaaaay!


#haiku

[heslo]

Here we go?

[d_eddie]

I want to see some VOLUME before I'm sold.

[bitserve]

$7500 is going to fall at any moment... but there is lots of resistance over that point up to $7800.

@d_eddie: Yeah, volume is anemic.

[d_eddie]

Indeed. Momentum is what we need IMO, and that requires volume. Moar volume!

[bitserve]

Indeed. Momentum is what we need IMO, and that requires volume. Moar volume!

Any moment now... let's see if there is some stop losses being triggered on cross of $7.5K

[kurious]

Indeed. Momentum is what we need IMO, and that requires volume. Moar volume!

Yep.  It does look on the weak side, no real increase in volume is hardly inspiring - but I'll take it.

[bitserve]

While waiting for the volume to increase (if)... I have stumbled onto a very interesting reading about Lightning:

https://decrypt.co/15777/why-2020-will-be-the-best-year-yet-for-bitcoins-lightning-network

Trampoline routing and Wumbo channels sounds very promising.

Maybe 2020 will be the year in which LN is ready for prime time? We will see.

[JayJuanGee]

...
shorts got squeezed

what comes next ?

Shorts get squeezed again.  Some more.  Sucks to be shorting.        

Counts both ways, just depends where your position is at..... Though I don't trade or take the risks....

Hey Mic, what kind of bearish contest are you running this time?

Looks like most everyone is trying to squeeze into the few remaining bearish slots.

I think that is a very positive signal though. Time will tell...

Seems that the bears came out of hibernation too early, and they are disoriented.... It's winter.  Go back to hibernation, BEARS!!!!!!

Gonna start Messiah and calling it a night....

Time to go Off The Line, night bro's

And HODL while napping !!!

That is be call Koreck!!!!!!

You don't want to trade while napping, so HODL is the best approach.

And, better to be HODLing bitcoins rather than fiat... of course, you already know that.   

[LUCKMCFLY]

This is another analysis that they also do using Wyckoff's theory.

The textbook pattern, should BTC follow it to a T, suggests that BTC will break higher and higher in the coming days, in an upward move that will bring the asset back to the high-$7,000s.

Hi, I am Livercoin and I like wyckoff reaccumulation.

$BTC #Crypto

Source: https://twitter.com/livercoin/status/1213568002400116738

Another analyst echoed this optimism, posting the below chart. In it, he notes that if BTC can break the neckline of the inverse head and shoulders pattern formed over the past five weeks, which it did, a 15% move to hit $8,500 could be had in the coming weeks.

If everything unfolds as it goes, $ 9k may be an attainable goal in the short term.

Source: https://www.newsbtc.com/2020/01/05/why-analysts-bitcoin-surge-7450-just-beginning/

The price of Bitcoin $ 7450, for many this may be the beginning of the possible upside recovery, an optimistic atmosphere is felt in the market.

[VB1001]

Apart from the good aroma of coffee, there is a certain smell of burnt shorts.

BTC Dominance: 68% - $7,450

[mindrust]

See how 3k and 14k look like mirror images? It looks like we have been stabilizing around $6.5-7.5k range for  the last 2 years. And I have a feeling these are the last moments we are seeing btc at these prices.

I am activating "plan 2" on Monday. (Should have done it last week duh)

[JSRAW]

Wen war 3.0?

BREAKING: Trump says that the US will target 52 Iranian sites if Tehran hits any Americans or American assets

Careful, what you wish for. subcontinent can't afford another war torn country in neighborhood.

[realr0ach]

In case you were wondering about the POTUS Deutsche bank story... a chance to make up your own mind, while it's still available:

https://twitter.com/ericlevai/status/1213192607850872832

95% of Russian oligarchs (the people who looted and stole everything in the country) are Jews.  That writeup claims trump was helping Russian oligarchs move money out of Russia, which would not make him a "Russian" puppet - because Russians are Slavic, not demonic Jews - it would make him a Jewish puppet.

[AlcoHoDL]

In case you were wondering about the POTUS Deutsche bank story... a chance to make up your own mind, while it's still available:

(Not everyone wants it read it seems)



The full docs still available through link on Twitter:
https://twitter.com/ericlevai/status/1213192607850872832

Very interesting read, thanks for the link!

A related article:

Trump’s Russian Laundromat

Quote: "Without the Russian mafia, it is fair to say, Donald Trump would not be president of the United States."

[Globb0]

Didn't think the Germans looked good in all that either.

Sure I will hear some chatter on Monday.

[Indymoney]

Wen war 3.0?

BREAKING: Trump says that the US will target 52 Iranian sites if Tehran hits any Americans or American assets

Careful, what you wish for. subcontinent can't afford another war torn country in neighborhood.

We already in war for last 70 years and now want some peace but its not near us because few don't want we live with peace.

[LFC_Bitcoin]

This 52 location threat from Trump is most likely exactly that, just a threat. Iran aren’t going to risk going up against the most powerful nation in the world.