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

[dragonvslinux]

For anyone looking for bearish hopium of re-testing the 200 Day MA around $8,900, there is currently an unconfirmed head & shoulders pattern forming on the 4hr.
Price would need to breakdown below $9,600 to confirm the measured move to $8,800 (approximately -8%). This pattern could easily be invalidated by a move above $10,300.



Bare in mind, we are above the VPVR point of control support at $9,785, with strong volume support around $9,300 level. Price medium and long-term remains bullish however, even a breakdown to $8,800 would still be bullish for me and act as a buying opportunity. Now the 50 & 200 Day golden cross has confirmed, statistically speaking the risk reward of buying the re-test of the 200 Day MA is historically very high, compared to simply buying the 200 MA re-test. Traders would lap up this long opportunity imo.



If there is a breakdown to the measured move, expect strong buying support around $8,550 - $8,950, where price previously consildated.

[estenity]

https://www.youtube.com/watch?v=vtHYZkLuKcI&feature=youtu.be

... whistle blower japanese infectious diseases professors visits diamond princess and is terrified by what he sees.

I can imagine this is how this will play out in many countries where bureaucrats are in charge and many layers of incompetency have built up to stop good people fight the war. Wearing PPE for bio, chem or nuclear is not all you need, there is training and understanding required to keep the clean and dirty sides separate.

would be important to know the present mortality rate among non-asians;

ACE2 cells are less present in these populations, this is already known.

for these cells, ACE or angiotensin converting enzyme, is the major receptor for the entry of covid19 in the human cell.

[FullNode]

The force of gravity does not exist

[fillippone]

Always feels good being over 10k.

82 days till the Halvening and all is well.  

Imho, hashpower will likely drop, though.
As soon as difficulty catches up, halvening could be delayed a couple of days.

Difficulty is actually seen a little bit softer next adjustment.

Next difficulty
Current difficulty:   15,546,745,765,529
Next difficulty estimate:   15,398,946,448,254   -0.95%
Estimated change time:   March 04, 2020 15:07
Estimated time left:   14 days

https://data.bitcoinity.org/bitcoin/difficulty/30d?t=l

I think it could be related to coronavirus lockdowns forcing a few mining farm to shut down their operatios.

[OutOfMemory]

I actually LOVED it,

Good good, here's how I pictured it:

LOL
If that is JJG, who is lying on that bed? Lambie or r0ach?  

Difficulty is actually seen a little bit softr next adjustment.

Of course. I was meaning "catching up" downwards. "falling" or "declining" would have been better wordings.

I think it could be related to coronavirus lockdowns forcing a few mining farm to shut down their operatios.

Me too.

No worries, I will update the count each day. 

Thanks, unfortunately i'm out of merit, so +1 WOsMerit 

[HairyMaclairy]

You promising that, Hairy?

 

Would you trust a degenerate bull hatter?  

I have my hesitancies to trust anyone on the interwebs; however, I would like to have some potential ammunition in case you happen to be wrong... That would help to make me feel moar gooder about myself.

In that case, you should definitely trust me. 

Seems to me that I got enough of an assertion from you so that I can have my cake and eat it also.

If you are correct, I will agree that you happened to be correct in your admirable conservative prudence, yet if you end up being wrong, I am surely going to be happy with that outcome, too... and even to wave wrongness in your avatar.. maybe even request that you eat your hat?

 One of the problems is that you would likely feel happy about being wrong, too.... So, I remain uncertain regarding which of us is going to come out MOAR smuggily happy in such a bizzaro "hairy wrong world"...   

Accordingly, I would anticipate you NOT complaining regarding how, by quirky chance, you had happened to have become much moar richie than expected on an even faster than expected timeline.   

JJG I am delighted that I have had the opportunity to make you so happy. And myself as well. Truly a win-win.

Now I just need to get that fuck V8 to pay up.

[Cryptotourist]

Shit, I had forgotten that.
When is it? By the end of the month or something.

My condolences V, congrats H.

[Last of the V8s]

What are you people blathering on about now?

[Icygreen]

GO BTC GO!

Is it more gentlemanly to censor a couple dots in such a fine piece of work?  Almost safe for work  

This here be a vote towards uncensored beauty (in taste of course)
And of course GO BTC GO!

[Lambie Slayer]

GO BTC GO!

Is it more gentlemanly to censor a couple dots in such a fine piece of work?  Almost safe for work  

This here be a vote towards uncensored beauty (in taste of course)
And of course GO BTC GO!

Quoted for the nipples. 

[Gyrsur]

^^LOL, you did it!  

I gave up trying to understand that country at latest with Trump.  

[vroom]

guns don't kill people, nipples do!

[xhomerx10]

I was thinking Peter Schiff fired r0achie, and put an end to the meaningless copy-paste propaganda on WO, and took it on twitter.

Now how bullish is that?
They both know to their bottom of their hearts butts, that weee sooon mooon.

That almost sounded Chinese. Does it mean anything? Anybody?

 Perhaps Korean  위순문

[fragout]

In other news -
 6000 bitcoin on the shelf for 7 years after being seized by the Criminal Assets Bureau -

Full story - https://www.rte.ie/news/courts/2020/0219/1116299-bit-coin-clifton-collins/

[Wekkel]

https://images2.imgbox.com/b7/70/ttE6W1Ox_o.jpg

Darn. Never a merit left when you need one... 

[mindrust]

https://images2.imgbox.com/b7/70/ttE6W1Ox_o.jpg

Darn. Never a merit left when you need one... 

Alternative:

https://twitter.com/LifeMathMoney/status/1134909085889880065

[Gyrsur]

GO BTC GO!


 U.S. edition

[Dabs]

In other news -
 6000 bitcoin on the shelf for 7 years after being seized by the Criminal Assets Bureau -

Full story - https://www.rte.ie/news/courts/2020/0219/1116299-bit-coin-clifton-collins/

What if he didn't give them the private key? (or someone else has it, and it gets moved ...)

[VB1001]

Coinbase, the San Francisco-based cryptocurrency exchange, has been made a Visa principal member.

Announcing the news on its blog Wednesday, the firm said the news marks it as the "first pure-play crypto company" to be approved by the credit card giant.

Coinbase has been working with Visa since 2019 when it launched its Coinbase Card in the UK. The debit card allows users to spend cryptocurrency as cash anywhere Visa is accepted. The card has since been made available in 29 markets with 10 cryptocurrencies supported.

https://www.coindesk.com/coinbase-becomes-first-pure-crypto-firm-approved-as-visa-principal-member

Coinbase becomes a Visa principal member

https://blog.coinbase.com/coinbase-becomes-a-visa-principal-member-c5b73b883787

[fillippone]

Coinbase, the San Francisco-based cryptocurrency exchange, has been made a Visa principal member.

Announcing the news on its blog Wednesday, the firm said the news marks it as the "first pure-play crypto company" to be approved by the credit card giant.

Coinbase has been working with Visa since 2019 when it launched its Coinbase Card in the UK. The debit card allows users to spend cryptocurrency as cash anywhere Visa is accepted. The card has since been made available in 29 markets with 10 cryptocurrencies supported.

https://www.coindesk.com/coinbase-becomes-first-pure-crypto-firm-approved-as-visa-principal-member

Coinbase becomes a Visa principal member

https://blog.coinbase.com/coinbase-becomes-a-visa-principal-member-c5b73b883787

Gentle reminder of the #deletecoinbase campaign.
Coinbase is just the Governemnt arm into crypto.
Take your own precautions while dealing with them.