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

[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.

[makrospex]

Good morning WO!
Observing @ $7,346

Are we going bullish?

As long as we stay below $8.200 in january, i'd be bearish (short term).

And if we go above, would your guess then still be the same on that game??

This is a good question. To be true, i am bearish atm (fully since 11/2019), until after the halvening. That's why i decided to prepare for $5-$6k zones around end of Q1/2020.
If the price breaks the upper boundary of the downtrend channel, within january respectively (around $8.2k), i'd likely change my sentiment and i would have to admit that i chose the wrong bet for April 1st. Which would be the same "mistake" like in the last Q4 game, just the other way round.

EDIT: Why?
Because i was wrong too many times in the last two years, just because i didn't wait for confirmation of various buy or sell signals.

I am interested in your "edit" comment at the end bolded above.  Do you really believe that there is such a thing as "buy"/"sell" signals?  Wouldn't we be MOAR richie if we knew about such purported signals?  Surely, after the fact we know all kinds of fucking things about the existence of such 20/20 hindsight buy/sell signals, but I doubt that they are so damned clear while in the midst of the process that any of us are going to transition into MOAR richie rather than MOAR poor for our gambling upon such bullshit purported signals.    

Good luck with playing around with your purported "buy"/"sell" signals...., this time is different....  

Well, you should know me better now, JJG.
Lemme explain:
1. Of course there is nothing like those "signals", just "recommendations" or "hints" from "traders" for market moves based on TA and pattern analysis. Those are purely virtual.
2. I don't trade. I used these trading terms to label certain "points" in trending, where i consider the price to go up, down or change momentum/direction/steepness (however). I am using trader-language, that's visible and correct.
3. About my other, older post to which you responded: OF COURSE i don't guarantee any movements to happen, expectations are purely based on my personal judgement of market movements (see above).
This time i was mainly right, but i don't see myself as expert or advisor or whatever, just trying to learn about market dynamics and occasionally leave comments for probably getting non-destructive feedback.

I hope i made myself clear, don't try to read between the lines, there's just empty space to find  

[d_eddie]

I hope i made myself clear, don't try to read between the lines, there's just empty space to find  

That's just because you're a German speaker 

[makrospex]

I hope i made myself clear, don't try to read between the lines, there's just empty space to find  

That's just because you're a German speaker  

I guess so, yep  

EDIT: Donaudampschiffahrtsgesellschaftskapitän 

[becoin]

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.

Iran has no choice. Terrorist regime in Warshington wants war. They'll have it!

[nutildah]

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.

Iran has no choice. Terrorist regime in Warshington wants war. They'll have it!

Proxy wars via arms sales to paramilitaries and employment of military contractors (Blackwater, whatever Erik Prince is up to these days) has been the way to go since Iraq. Its much more expensive and far less yielding of results, which is perfect for business. My guess is the U.S. won't officially declare war, much like they didn't for Iraq II or Afghanistan.

[becoin]

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.

Iran has no choice. Terrorist regime in Warshington wants war. They'll have it!

Proxy wars via arms sales to paramilitaries and employment of military contractors (Blackwater, whatever Erik Prince is up to these days) has been the way to go since Iraq. Its much more expensive and far less yielding of results, which is perfect for business. My guess is the U.S. won't officially declare war, much like they didn't for Iraq II or Afghanistan.

The war is already officially declared! Trump ordered killing of an Iranian official!

General Qasem Soleimani was officially invited to visit Iraq and he made official visit to Iraq. He was met at the Baghdad airport by Iraqi hosts and was killed by the terrorists occupying Iraq and so far pretending Iraq is a sovereign country. The mask is off. Iraq is not a country. It is just an occupied territory. American soldiers in that region are not subjects to the Geneva convention anymore as they are members of a terrorist group.

[Wekkel]

... The mask is off....

It was never on.

[Indymoney]

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.

Iran has no choice. Terrorist regime in Warshington wants war. They'll have it!

Proxy wars via arms sales to paramilitaries and employment of military contractors (Blackwater, whatever Erik Prince is up to these days) has been the way to go since Iraq. Its much more expensive and far less yielding of results, which is perfect for business. My guess is the U.S. won't officially declare war, much like they didn't for Iraq II or Afghanistan.

The war is already officially declared! Trump ordered killing of an Iranian official!

General Qasem Soleimani was officially invited to visit Iraq and he made official visit to Iraq. He was met at the Baghdad airport by Iraqi hosts and was killed by the terrorists occupying Iraq and so far pretending Iraq is a sovereign country. The mask is off. Iraq is not a country. It is just an occupied territory. American soldiers in that region are not subjects to the Geneva convention anymore as they are members of a terrorist group.

This is biggest concern by many countries specially Islamic countries as General Qasem Soleimani was on official visit and they attack on him this never been allowed but USA doing under the flag of UN which is hurting to Islamic countries now they are asking for some other alternative of this which is very difficult but not impossible in presence of Saudi Arab in USA camp.

[kurious]

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.

True.  They aren't totally stupid, but their model will be asymmetrical warfare.  If you are massively outgunned you don't go head on into battle with your enemy.

e.g. Osama Bin Laden struck the US with 19 Saudis armed with box cutters.... It achieved the result he wanted. The IRA fought for their objectives against the British army with small cells of determined men, using weapons like trucks full of fertiliser. 

So, Iran will strike back, but it will be cyber attacks, kidnappings, mining oil tankers in the Strait of Hormuz, attacking US assets (embassies etc) in outpost areas using local, sympathetic (funded) groups...

The USA equally cannot risk a land war in Iran, and this is where Trump is illogical in ratcheting up the pressure.  Ultimately what is his plan?  They didn't have one after going into Iraq (and look what happened there) they don't have a plan now.  Does he carpet bomb Iran if they blow up a tanker or an embassy? 

It won't be WWIII - but it could turn out incredibly badly in unintended ways - like Americans not being safe in many parts of the world and US assets being at risk for many years to come.   Only the military Industrial complex, the Iranian regime and possibly Trump's re-election prospects will benefit from this.

[d_eddie]

Corn drifting upwards
doesn't look like a pumplet
but it's good action.




#haiku

[Last of the V8s]