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

[mindrust]

Usually, it is better to buy on the way down rather than on the way up.. but maybe the price will keep going up.

I’m going to disagree somewhat on this point. It doesn’t matter what direction the price is moving when you buy, so long as your sell above that price.  

Tbh, it feels a lot better to buy while it is going up. Every buy you made earlier becomes greener than before. You see the results right away. It becomes really ugly when the momentum shifts though. (and it is almost impossible to get out at the right time because you are addicted to the profits you make)

When you buy while it is going down, you'll have to wait a bit more to see the results but you get bigger returns.

When you DCA, You don't care whether it goes down or up. You don't give af. You buy either way.

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[Globb0]

Buying decline repeatedly is to lover the DCA though so can see the mentality. Still is the average cost really your focus?.

[LUCKMCFLY]

Interesting analysis with the Ichimoku cloud

Bitcoin Explodes as Rare Bull Signal Flashes For the First Time in 10 Months

Dubbed as Ichimoku Cloud, the technical indicator turned green to identify a long-term upside trend shortly after bitcoin surged towards $9,769.70 on Wednesday. It also hinted at the imminent formation of a Golden Cross – a popular candlestick pattern that predicts an upcoming bull market.

Source: https://www.newsbtc.com/2020/02/06/bitcoin-explodes-as-rare-bull-signal-flashes-for-the-first-time-in-10-months/

[LFC_Bitcoin]

Did somebody say PUMP

Observing $9,817 $9,828 and another yearly high.

[ivomm]

It was so fast, I didn't see what happened with the 400 BTC walls at 9800 both in Bitstamp and CB? Were they eaten or removed?

[serveria.com]

Need to find that quote by jonoiv saying btc will never reach 10k again in it's history 

[P_Shep]

Did somebody say PUMP

Observing $9,817 $9,828 and another yearly high.

Looking a little spicy!

[vroom]

Did somebody say

Observing $9,817 and another yearly high.

this starts to feel like 2017 where we went from one ATH to the next ATH every few days.

[Gyrsur]

YES, Baby! Let it flow!  

[bitcoinPsycho]

Bitcoin go go go  weeeeee

[Globb0]

Bitcoin has escaped my range quite significantly, looking good for you guys.

I found this bigger picture interesting. (do I also see a bit of recurring support and resistance over quite a long time)

[kurious]

AYH now 9845... 9849.... 9853

[LFC_Bitcoin]

Bitcoin has escaped my range quite significantly, looking good for you guys.

I found this bigger picture interesting.

Globb0

Every little bit adds up. Buy what you can afford, anything. It’s near impossible not to profit over time

[Globb0]

I mean the range I saw the price action   

[LFC_Bitcoin]

I mean the range I saw the price action   

Oh FFS!

 

[LFC_Bitcoin]

[by rallier]

AYH now 9845... 9849.... 9853

Which one is the exchange?
Bitmex-9869

[vroom]

AYH now 9845... 9849.... 9853

Which one is the exchange?
Bitmex-9869

if we talk about prices we mean prices on bitstamp most of the time

[LFC_Bitcoin]

AYH now 9845... 9849.... 9853

Which one is the exchange?
Bitmex-9869

We go by Bitstamp prices here, boyo!

[by rallier]

ok than, price was 9859 by bitstamp  

AYH now 9845... 9849.... 9853

Which one is the exchange?
Bitmex-9869

We go by Bitstamp prices here, boyo!

AYH now 9845... 9849.... 9853

Which one is the exchange?
Bitmex-9869

We go by Bitstamp prices here, boyo!