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

[soxxx]

Perhaps we are about to get the breakout right here.

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[marcus_of_augustus]

- Hong Kong records at least eight positive test results.

- US military prepping for coronavirus pandemic.

- Healthcare workers, patients and international experts have accused China of under-reporting the number of coronavirus victims in the country as an epidemiologist at Imperial College London said that as few as 10% of
cases were being properly detected. That would put total infected people in China at 900,000+.

- Switzerland, Denmark, Georgia, Greece, Romania, Serbia, Singapore and Spain no longer accepting any letters or parcels addressed to China.

- Apple stopped sending engines to China for their next generation model.

just for the record, I think it is hitting China hard but not 900k hard, stupid CCP fiddling with the numbers wont help them or the world in fighting this thing.

I'm tending towards the optimistic that it might fizzle out, we're not seeing the crazy spreads outside China that we saw in the early days in Wuhan, Hubei.

The R_o is clearly being reduced substantially with the precautionary measures that have been taken so far, both within China and with international travel restrictions, quarantines, self-isolations and case trackings

Cases outside China are doubling every 6-7 days but the last week has been dominated by cases on board the floating petri dish Diamond Princess. (why haven't the cruise industry pitched in to get those people off the boat and into appropriate quarantine quarters? It is a slow burning dumpster fire catastrophe destroying their whole industry.)

The example of Singapore is probably as close to a realistic data set and case study for what might happen in a Western city if it takes hold there and that's not a given.

Let's see how much the bumblefuck British NHS socialised healthcarecan mess this up, already medical staff have managed to become the center of the epidemic and it only just arrived there in the UK. It will be a good case study of how badly it could go.

Don't understand why Switzerland wants to stop mail going to China? Shouldn't that be mail coming from China? Same with the Apple 'engines'?

[bitebits]

https://blog.coinbase.com/margin-trading-is-now-available-on-coinbase-pro-b22743a0e07b

Starting today, Coinbase Pro customers in 23 U.S. states can access up to 3x leverage on USD-quoted books.

[Lambie Slayer]

https://blog.coinbase.com/margin-trading-is-now-available-on-coinbase-pro-b22743a0e07b

Holy Pump, that is uber bullish for Bull Season. Thats the kind of thing that can help us pump to 400k instead of 100-250k range.

[marcus_of_augustus]

let's all take the ascending triangles to the moon

[VB1001]

https://imgur.com/5K9g4rv

Good morning comrades, a good gift for Valentine's Day, your girlfriend, your boyfriend will not forget you, the adjustment is very easy, it fits perfectly in seconds.
 
#nohomo

[yslyv]

Lets go to the moon papa

[Gyrsur]

We are in some sort of ascending triangle continuation pattern, which if we break $10,500 our target will be around $11,200.

$10,500 seems to be the resistance we are facing right now, which was the high from October on coinbase, but not bitstamp. We should break out within two days, likely today.

Perhaps we are about to get the breakout right here.

breakout imminent IMO too. new AYH soon. let's wait for the start of the Frankfurt (08:00 UTC) or London (09:00 UTC) sessions.

Bearish RSI swing rejection on the 12H for Bitcoin and RSI bearish divergence for ETH. Are we going dump? I think we are about to dump down to 9ks.

RSI could easily go to level 80 or even 90 in a bull market and stay there for a while if new buyers constantly flood into the market.

[marcus_of_augustus]

... r u ready? 

[Gyrsur]

10500 USD
(source: Bitstamp API)

[Phil_S]

IMHO, when it comes to boats and planes, you need to really be RICH to afford them.

Meh. You don't have to fully own such things to use them.

P.S. Just touched 10500, nice!

[Phil_S]

Bearish RSI swing rejection on the 12H for Bitcoin and RSI bearish divergence for ETH. Are we going dump? I think we are about to dump down to 9ks.

Ignore RSI.

Follow moving averages.

https://www.tradingview.com/symbols/BTCUSD/technicals/

[HairyMaclairy]

[fillippone]

Good morning WO,
I just observed 10,500@Stamp,
But then some weak hands dumped and we are going the other way round.

Please disperse,
Nothing to see here.
1BTC=1BTC

[HairyMaclairy]

Good morning WO,
I just observed 10,500@Stamp,
But then some weak hands dumped and we are going the other way round.

Please disperse,
Nothing to see here.
1BTC=1BTC

Once you touch $10,500 you will go through. It is inevitable.

[Phil_S]

In the spirit of good Bull Season fun and Thursday.  

via Imgflip Meme Generator

But it's true! 

[Gyrsur]

let the institutionals have their morning coffee and their smalltalk about the hookers of last night and then BOOM...  

EDIT: seems they are reading here too and want revenge now and short that thing!  



EDIT2: damn suckers you are!   #nohomo

[El duderino_]

Moving south to damn fast 

[marcus_of_augustus]

... r u really ready?   

masterluc says $6k for the last time.

[mindrust]

... r u really ready?   

masterluc says $6k for the last time.

No pain, no gain. $6k is inevitable.