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

[jupiter9]

It seems like the gann theory works. Buying between 15th and 20th was a good thing to do. What do you think now about the gann theory?

[JayJuanGee]

It seems like the gann theory works. Buying between 15th and 20th was a good thing to do. What do you think now about the gann theory?

I think that gann theory = retarded theory.

[makrospex]

Caught the flu twice in December. Developed into a nasty dry cough towards the end of fighting off the second flu. Never felt worse in my life before. Doctor diagnosed me with "Post Viral Fatigue Syndrome" and the lung x-rays results showed signs of mild bronchitis.

Dude put me on Z-Pak for 5 days (antibiotic), Albuterol inhaler, and QVAR inhaler corticosteroid to reduce inflamation. Platelet counts are higher than normal, likely due to fighting off the infections, but seeing a hematologist some-time this week to get the official rundown - Currently taking baby asprin every morning to thin my blood out a bit in the meantime.

Getting old fucking sucks.

Dude, that's how all my health problems started, almost 10 years ago now...
Four weeks of virus (with delayed bacterial super-) infection followed by years of fatigue. Get some high quality probiotics to restore the colon from antibiotics (or make your own kefir).
Wish you the best to recover soon.

Getting old fucking sucks.

even after getting a flu shot?

I've never taken a flu shot in my life.

Getting sick this year changed my perspective. Will be getting the shot next October.

Still a 50% chance to catch an influenza virus from a stem not included in the vaccine.
The brother of the mother of my daughter's best friend (...) got bad influenza in decemeber, even though he gets annual flu shots (working at the hospital).
Better than nothing, but those little bastards evolve way quicker than we do.

[jupiter9]

It seems like the gann theory works. Buying between 15th and 20th was a good thing to do. What do you think now about the gann theory?

I think that gann theory = retarded theory.

ok thank you for your opinion? Can you explain why is something retarded if it works? Or you're just salty that it worked? Hehe

[El duderino_]

Guys, I would like to talk a little off the sidelines 
I was excited by the avatar that you are wearing, it's really really interesting, outstanding and beautiful. I wish I could own a hat like you    I did some research in the last few days and I know that xhomerx10 was the one who designed these gorgeous hats. I really like them and I want a nice hat, please tell me how to get it  Can you give me a hat  , xhomerx10

He probably will, PM the man

[El duderino_]

It's not just him mic. and he's a bit of a shitcoiner, even though he keeps it away from here.
anyway i was sad to see heslo couldn't join under the new rules
there also was someone else i'd heard of but can't recall sorry

9851-9900

I hope I'm wrong and it's a lot higher but that's my guess

I didn't know about Hyperjacked.... though then WO's let us help heslo

https://bitcointalk.org/index.php?topic=5214437.msg53506051#msg53506051  <----

I did see I had been removed from the list but then saw the rules of the 25 earned merit so I didn't speak up. I'm not upset (unless I guessed the right price then I'll be a little salty haha) I guess I'll just have to earn more merits for the next time

You almost there, w it only closes Friday .... so we will push you over the line I’m sure of that

[makrospex]

AYH at $8.009 last night   (EDIT: i'm GMT+1, in case of confusion because i used the term "night")
The last few pumps seem to have occured around the same daytime, but the very last one a few hours earlier.
China finally waking up to crypto now plus pre-halving FOMO?

Keep it going a few days and i'm full bull again  
Half of my twitter watchlist accounts including my favorite whale-whisperer already are...

[Icygreen]

Guys, I would like to talk a little off the sidelines 
I was excited by the avatar that you are wearing, it's really really interesting, outstanding and beautiful. I wish I could own a hat like you    I did some research in the last few days and I know that xhomerx10 was the one who designed these gorgeous hats. I really like them and I want a nice hat, please tell me how to get it  Can you give me a hat  , xhomerx10

Absolutely, all you need to do is demonstrate your Haiku skills to the hat gallery or alternatively, create a short, rhyming poem with your name (ChuckBuck).  
 Upon final review, and according to the high custom, xhomerx10 may finalize the initiation with an appropriate hat based on his mood, your perceived personality, or if you're lucky he'll request an image from you for inspiration.
Your avatar suggests you like cats, you're in luck, the WO is like 70% feline friendly.


  

[Majormax]

......Further, like you suggested, we have experienced a few of these BTC upsurge movements, but they ended up correcting decent amounts, even if it took longer to correct than it had to go up, so in that regard, it can be difficult for buy pressure (support) to keep up if the price is just NOT ready for the Upwards movement and to establish a new station.  Personally, it would be nice to see $10k resistance to get challenged and then if necessary to settle back down into the $8,500 to $9,500 range for a few months that might end up dragging out to the halvening, or so.  ....

Yes. I merely reiterate what I have always said:   To be on course for an ATH in the next 2 years, the price needs to creep slowly upwards: small rises, small corrections, almost boringly slow.

The big pumps that end in a spike are nearly always very bad news indeed. I immediately saw that in the move to 13500 back 6 months ago. It was obvious that that one derailed the whole bull run. The second one to 10500 just made matters worse. I observe this natural pattern in many markets.

If you want a sustainable run to ATH, then hope for a tight range in the next 6 months, and a disappointingly slow boost from the halving. 10k at year end will be fine. Sorry for being the bearer of boring news, but that's life. Rejoice in the small stuff.

[heslo]

It's not just him mic. and he's a bit of a shitcoiner, even though he keeps it away from here.
anyway i was sad to see heslo couldn't join under the new rules
there also was someone else i'd heard of but can't recall sorry

9851-9900

I hope I'm wrong and it's a lot higher but that's my guess

I didn't know about Hyperjacked.... though then WO's let us help heslo

https://bitcointalk.org/index.php?topic=5214437.msg53506051#msg53506051  <----

I did see I had been removed from the list but then saw the rules of the 25 earned merit so I didn't speak up. I'm not upset (unless I guessed the right price then I'll be a little salty haha) I guess I'll just have to earn more merits for the next time

You almost there, w it only closes Friday .... so we will push you over the line I’m sure of that

Legends, all of you

Headed back to work on Thursday... I ain't looking forward to it. I do enjoy my job most of the time but being a job that requires manual labour and for me to be outside; in this heat... it isn't fun

[Majormax]

I see hardly any posts nowadays about market depth (which after all is the topic of WO).

I don't collate the stats myself, and I used to rely on this (or similar) sources. Is anyone here collecting and processing bid/offer depth data ?

[FullNode]

I joined the forum in April 2019 and had not seen this thread before, today I have entered the thread of (halving) micgoossens and it has taken me to Wall Observer, I have immersed myself in previous messages and I have observed that more than a typical thread of a discussion forum, looks like a group of friends talking about Bitcoin, I like it.

My native language is Spanish, although I understand some English.

I started with BTC in 2019 with a very small monthly purchase, but it is the one I can allocate, for now, it is a long-term investment, I wanted to participate in the halving contest, but according to the rules, it is not my reach

The meaning of the username is accurate, I have a full node working 24/7 since I registered.

Although my forecast for half in the contest, I estimate that the price will be between 9000 and 10000, I have seen very high prices and very low prices on the list, with 10,000 good.

Good luck to everyone in the contest.

[Last of the V8s]

Your avatar suggests you like cats, you're in luck, the WO is like 70% feline friendly.

hmmm. periodic message from the 30%:

[Globb0]

Welcome to the forum

[serveria.com]

......Further, like you suggested, we have experienced a few of these BTC upsurge movements, but they ended up correcting decent amounts, even if it took longer to correct than it had to go up, so in that regard, it can be difficult for buy pressure (support) to keep up if the price is just NOT ready for the Upwards movement and to establish a new station.  Personally, it would be nice to see $10k resistance to get challenged and then if necessary to settle back down into the $8,500 to $9,500 range for a few months that might end up dragging out to the halvening, or so.  ....

Yes. I merely reiterate what I have always said:   To be on course for an ATH in the next 2 years, the price needs to creep slowly upwards: small rises, small corrections, almost boringly slow.

The big pumps that end in a spike are nearly always very bad news indeed. I immediately saw that in the move to 13500 back 6 months ago. It was obvious that that one derailed the whole bull run. The second one to 10500 just made matters worse. I observe this natural pattern in many markets.

If you want a sustainable run to ATH, then hope for a tight range in the next 6 months, and a disappointingly slow boost from the halving. 10k at year end will be fine. Sorry for being the bearer of boring news, but that's life. Rejoice in the small stuff.

What about the halvening? $10k end of year would mean halvening had no effect on BTC price which is kinda weird if not impossible at all....

Getting into 5 digits and staying there is NOT a huge pump it's not even big... as we see from history halvening brings us at least to the area of previous ATH...  

[Last of the V8s]

I see hardly any posts nowadays about market depth (which after all is the topic of WO).

I don't collate the stats myself, and I used to rely on this (or similar) sources. Is anyone here collecting and processing bid/offer depth data ?

https://vcdepth.io/coins/bitcoin-btc
https://data.bitcoinity.org/markets/books/USD

[Majormax]

......Further, like you suggested, we have experienced a few of these BTC upsurge movements, but they ended up correcting decent amounts, even if it took longer to correct than it had to go up, so in that regard, it can be difficult for buy pressure (support) to keep up if the price is just NOT ready for the Upwards movement and to establish a new station.  Personally, it would be nice to see $10k resistance to get challenged and then if necessary to settle back down into the $8,500 to $9,500 range for a few months that might end up dragging out to the halvening, or so.  ....

Yes. I merely reiterate what I have always said:   To be on course for an ATH in the next 2 years, the price needs to creep slowly upwards: small rises, small corrections, almost boringly slow.

The big pumps that end in a spike are nearly always very bad news indeed. I immediately saw that in the move to 13500 back 6 months ago. It was obvious that that one derailed the whole bull run. The second one to 10500 just made matters worse. I observe this natural pattern in many markets.

If you want a sustainable run to ATH, then hope for a tight range in the next 6 months, and a disappointingly slow boost from the halving. 10k at year end will be fine. Sorry for being the bearer of boring news, but that's life. Rejoice in the small stuff.

What about the halvening? $10k end of year would mean halvening had no effect on BTC price which is kinda weird if not impossible at all....

Getting into 5 digits and staying there is NOT a huge pump it's not even big... as we see from history halvening brings us at least to the area of previous ATH...  

That can all happen, but it is the timescale that is the big variable. : Might be End 2021 rather than 2020. Cycles are getting longer as market cap gains weight.

My thesis is simply this :

 Shallowing of the long-term chart is to be expected, and is a positive ...steepening is a negative , it just interrupts the natural flow, and takes more time to be corrected.

[Majormax]

I see hardly any posts nowadays about market depth (which after all is the topic of WO).

I don't collate the stats myself, and I used to rely on this (or similar) sources. Is anyone here collecting and processing bid/offer depth data ?

https://vcdepth.io/coins/bitcoin-btc
https://data.bitcoinity.org/markets/books/USD

I especially like that real-time  (edit: order book) graphic in Bitcoinity . It is a standard depth graph, but seeing those changes actually makes you realise how much noise (and rapid variation) there is in the data.

In a way, it is signalling it's own irrelevance !

[dragonvslinux]

Latest theory on Wyckoff Accumulation pattern:

I still think that $BTC is in a Wyckoff Accumulation pattern. However, now I am using a different schematic since it appears we have exited Phase C without getting a spring.

Souce: https://twitter.com/Sawcruhteez/status/1214306177292615680

[Cryptotourist]

Observing $9136.96

Ooooopps, not yet.