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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336603 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 1 users with 9 merit deleted.)
ivomm
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January 25, 2020, 08:10:07 AM
Merited by Phil_S (1), Cryptotourist (1)

Good Saturday morning, WO gang! I just saw a cool video and made this gif. I am going to have some coffee with my friends now, and this is how I will feel peeking at the price  Grin

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martyMC
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January 25, 2020, 08:20:02 AM

Why it would go up please? I don't understand...

Cos it's BTC.
What do you mean? It's something that goes up with no reason? Till which level?

To 9000, obviously.
Because it would suit you?  Roll Eyes
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January 25, 2020, 08:22:30 AM

Why it would go up please? I don't understand...

Cos it's BTC.
What do you mean? It's something that goes up with no reason? Till which level?

To 9000, obviously.
Because it would suit you?  Roll Eyes
In two years it will go much higher than $9k.
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January 25, 2020, 09:13:53 AM
Merited by psycodad (1)

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January 25, 2020, 09:29:52 AM


https://en.wikipedia.org/wiki/Rat_(zodiac)

2020 Year of the rat

Quote
In Chinese culture, rats were seen as a sign of wealth and surplus. Because of their reproduction rate, married couples also prayed to them for children.

https://chinesenewyear.net/zodiac/rat/

To the moon  🚀
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January 25, 2020, 09:37:11 AM

Why it would go up please? I don't understand...

Cos it's BTC.
What do you mean? It's something that goes up with no reason? Till which level?

To 9000, obviously.
Because it would suit you?  Roll Eyes
In two years it will go much higher than $9k.
Perhaps its fiat that will go much lower?  Currently the FED is printing .014% more of the 23 trillion national debt each day ($3.3 Billion 2019 average).  That's serious inflation  Roll Eyes
Watching the Debt Clock its about 1 million every 30 seconds.

El duderino_
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January 25, 2020, 10:26:12 AM

One short visit to META and what did I see....

we are in www.merittalk.org aren't we ??

I still think its bitcointalk.org though some are seeing it differently and I know many thinking the same (again some new merit threads and stats)

Now please send me Merit for my fine and extremely useful thread/topic

Actually there should be a new board like merit>> Stats & graphs, merit discussion, merit abuse, merit source applications etc

Guarantee who makes a fine thread will gain lots of merit  Cheesy  Roll Eyes

What exchanges do people recommend for sMerit???

There are some people selling them.... but damn who would seriously buying them...... put in song "How low can you go...."
Last of the V8s
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January 25, 2020, 10:40:58 AM

How's your little wizard-money coming along?
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January 25, 2020, 10:47:28 AM
Merited by Globb0 (2)

How's your little wizard-money coming along?
For a second there I thought you said Lizard Money.
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January 25, 2020, 10:49:18 AM

Hi, V8 welcome again.
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January 25, 2020, 10:52:37 AM
Merited by JayJuanGee (1)

Why it would go up please? I don't understand...

Cos it's BTC.
What do you mean? It's something that goes up with no reason? Till which level?

To 9000, obviously.
Because it would suit you?  Roll Eyes
In two years it will go much higher than $9k.
Perhaps its fiat that will go much lower?  Currently the FED is printing .014% more of the 23 trillion national debt each day ($3.3 Billion 2019 average).  That's serious inflation  Roll Eyes
Watching the Debt Clock its about 1 million every 30 seconds.


You don't like dollars?  Name your poison.  Gold?  BTC gonna go up against gold.  Light Sweet Crude?  BTC goin' up.  The price of ladyboys in Bangkok?  BTC will go up.
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January 25, 2020, 11:22:33 AM
Merited by infofront (1)

Winnie Ille Pooh must be a tad stressed right now what with all the dead Wuhaners. Well good. I hope it leads to his downfall.



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January 25, 2020, 11:30:15 AM

Why it would go up please? I don't understand...

Cos it's BTC.
What do you mean? It's something that goes up with no reason? Till which level?

To 9000, obviously.
Because it would suit you?  Roll Eyes
In two years it will go much higher than $9k.
Perhaps its fiat that will go much lower?  Currently the FED is printing .014% more of the 23 trillion national debt each day ($3.3 Billion 2019 average).  That's serious inflation  Roll Eyes
Watching the Debt Clock its about 1 million every 30 seconds.


You don't like dollars?  Name your poison.  Gold?  BTC gonna go up against gold.  Light Sweet Crude?  BTC goin' up.  The price of ladyboys in Bangkok?  BTC will go up.
I was agreeing with you over 'the price' in relation to USD going up.  I don't agree that measuring BTC by any metric we have today is fairly comparable. It's considered a non-correlated asset and we struggle to attribute a value to it because we are using metrics we are familiar with.
My point is that Bitcoin is the stable asset compared with USD.

How much you paying for ladyboys these days? BTC price prefferable  Wink
  
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January 25, 2020, 11:53:38 AM
Merited by El duderino_ (2)

Morning, all. Latest analysis:

Updated primary count:



I don't like the internal (lower degree) count, but I think the overall wave proportions really support this idea. The deep pullback in Wave 2 and the > 1.618 extension in Wave 3 definitely looks like impulsive behavior to me. This is the general idea:



The 20-day MA doesn't seem to be providing support. I consider bears to be in control until the market breaks back above ~$8,670, the top of that failure candle two days ago. Looking at daily Chande levels and considering the overall structure, I would expect a few more days of consolidation in this general area.

We prefer to hold $8,000+ and ideally at/above the 0.382 to maintain good impulsive channel form. A sustained drop back into that yellow channel will suggest we are actually in a larger correction, in which case I offer xxxx123abcxxxx's alternative:



Are we mostly bulls or bears in here? Smiley
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January 25, 2020, 12:22:51 PM

Are we mostly bulls or bears in here? Smiley

Short-term bearish, further pull-back required imo. Mid-term neutral, long-term bullish.

I was hoping for a macd fakeout on the Daily, but as of yesterdays close it has confirmed the trend-change from bullish to bearish.



The Weekly macd is still close to a bull-cross that could occur in the coming weeks, which is a longer-term bullish sign:



However the Monthly macd is worryingly showing an increase in selling pressure at current prices, which seems incredibly bearish given that the price is up 15% this month:



I was hoping the Monthly macd would also be a singe bar fakeout as the Daily macd has twice achieved in recent months, but this isn't looking as likely anymore  Undecided

I'm aware I'm focussing heavily on the macd at the moment, but given the complete lack of confluence between the Daily/Weekly/Monthly, it appears very useful, as two of these time-frames will need to trump the outlier in order to create confluence. Right now, the Daily has started to line up with the Monthly bearish selling pressure, as opposed to the Daily creating a macd fakeout bear trap in order to line up with the Weekly bullish buying pressure

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January 25, 2020, 12:34:41 PM

Every minute BULL
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January 25, 2020, 01:35:04 PM

Every minute BULL

I will be angry if we go below $8,000 now because I made a significant buy last night.

I know 1BTC is 1BTC but always nice to get them cheaper.
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January 25, 2020, 01:56:33 PM
Merited by JayJuanGee (1)

via Imgflip Meme Generator
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January 25, 2020, 02:04:53 PM

Good morning Bitcoinland.

Sideways 'r' us... currently $8322USD/$10940CAD (Bitcoinaverage).

Could be worse, could be better.

That's an adult escort site. Hopefully no one at the work saw that you clicked that in the office, else you could be fired by the boss  Wink

Aaah. The joys of being a wage slave.

I will be angry if we go below $8,000 now because I made a significant buy last night.

Congrats on catching the bottom.  Cheesy
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January 25, 2020, 02:25:59 PM
Merited by El duderino_ (1)

Another great analysis of PlanB.

Quote
After 2012 and 2016 #bitcoin halving there was no death spiral or miner capitulation (of course). Network difficulty / hashrate did 10-100x 2yrs before those halvings, and 10-100x 2yrs after halvings. So far 2020 difficulty path tracks 2016 perfectly.


Source: https://twitter.com/100trillionUSD/status/1221061038831030272
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