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

[LUCKMCFLY]

It is a good point of view from Elliot.

$BTCUSD 4 hour weekend update shows #Bitcoin turning higher from blue box as expected. It needs to break above Feb 13 high (10500) to avoid deeper (double) correction #elliottwave #trading

Source: https://twitter.com/ElliottForecast/status/1231797997970894850

[1714064394]

1714064394

[1714064394]

1714064394

[Majormax]

Is the game end?? where is the next support level?

$7450

That is quite precise ! .. but about right.

I would think it's in the 7-8000 range. It wont be defined until it has been tested and rejected.

[jojo69]

That is quite precise !

$7461.20, I was rounding

of course it rises roughly $5/day also

[OutOfMemory]

When support becomes resistance 

[Gyrsur]

When support becomes resistance 

[becoin]

To whoever is selling at this low price, many thanks for the cheap coins!

[Gyrsur]

Safe haven asset classes like Gold and US Dollar are bullish. BTCitcoin not so much.

Why is it so? Because BTCitcoin as an asset class for Institutionals is just in its early stage.

Grab your portion of BTCitcoin as long as you can with this cheap price.

[becoin]

Safe haven asset classes like Gold and US Dollar are bullish. BTCitcoin not so much.

US$ a safe haven asset?!... LOL

[Gyrsur]

Safe haven asset classes like Gold and US Dollar are bullish. BTCitcoin not so much.

US$ a safe haven asset?!... LOL

Examples of Safe Havens
...
4. Cash: Arguably, cash is considered the only true safe haven during periods of a market downturn. However, cash offers no real return or yield, and is negatively impacted by inflation.

[becoin]

Safe haven asset classes like Gold and US Dollar are bullish. BTCitcoin not so much.

US$ a safe haven asset?!... LOL

Examples of Safe Havens
...
4. Cash: Arguably, cash is considered the only true safe haven during periods of a market downturn. However, cash offers no real return or yield, and is negatively impacted by inflation.

US$ is the biggest bubble of our time! The US is exporting inflation caused by $ printing press by creating instability all over the world and alongside boarders of their geopolitical rivals and competitors. This won't last for ever. Actually we are seeing the collapse of $-based international financial system. When this slow motion movie accelerates the world will enter into recession never seen before.

[Gyrsur]

Safe haven asset classes like Gold and US Dollar are bullish. BTCitcoin not so much.

US$ a safe haven asset?!... LOL

Examples of Safe Havens
...
4. Cash: Arguably, cash is considered the only true safe haven during periods of a market downturn. However, cash offers no real return or yield, and is negatively impacted by inflation.

US$ is the biggest bubble of our time! The US is exporting inflation caused by $ printing press by creating instability all over the world and alongside boarders of their geopolitical rivals and competitors. This won't last for ever. Actually we are seeing the collapse of $-based international financial system. When this slow motion movie accelerates the world will enter into recession never seen before.

Grab 'em by the pussy!

[Cryptotourist]

It looks like it's going to dive, but I still like to think of it as an elegant bear trap.



Can I have some motherfuckin hopium please?

[Gyrsur]

It looks like it's going to dive, but I still like to think of it as an elegant bear trap.



Can I have some motherfuckin hopium please?

[Lambie Slayer]

via Imgflip Meme Generator

[Cryptotourist]

via Imgflip Meme Generator

It seems that going all in, can be productive.
Going X% might not be as much.

[Paashaas]

Stocks tanking hard.

[Mo Yonis]

Hi guys
It looks like BTC is struggling to take out the  $10000 mark. This guy thinks the next bear leg could start on a break to the 9550 levels.

I hope he will not be right  Here is analysis. What do you think?
https://www.investingcube.com/bitcoin-price-rejected-at-10000-bears-testing-the-9600-support/

Here is the chart. I could not figure out how to upload it to the forum.

https://www.investingcube.com/wp-content/uploads/2020/02/Bitcoin-Price-Rejected-at-10000-Bears-Testing-the-9600-Support-1024x795.png

[El duderino_]

Stocks tanking hard.

BTC better tank hard

[Lambie Slayer]

via Imgflip Meme Generator

It seems that going all in, can be productive.
Going X% might not be as much.

"All in" is the height of productivity for a hodler.

I see the meme more as relating to a newb being seduced by the glory of Bitcoin and following it a lot once they first invest. It made me laugh today when I saw it bc I have a newb friend who recently started investing and I get a lot of questions lately from them.

In this instance Bitcoin reveals itself as a woman's ass. This is metaphorical.  Even though I refer to it as King Bitcoin, it could materialize itself to someone else in different ways and still be #nohomo.

In summation, the meme wasn't meant to reflect a personal struggle of my own, but just to illustrate the powerful seduction of Bitcoin to even those who try not to pay it too much attention such as nocoiners or dabbling newbs.

[El duderino_]

I got a feeling in a near future.... all around CSW will be as quiet as its now with Jihan Wu.... Shit-projects will go with the dust