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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (11.2%)
8/4 - 16 (16.3%)
8/11 - 7 (7.1%)
8/18 - 5 (5.1%)
8/25 - 7 (7.1%)
After August - 51 (52%)
Total Voters: 98

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26455149 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. (174 posts by 3 users with 9 merit deleted.)
kazakova
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February 24, 2020, 03:03:26 AM

They're pulling out all the guns with these regular dumps. They'll be out of ammo soon. Bulls seem to be having no trouble absorbing these dumps either. Halving coming up. Bitcoin to the fucking moon people.

Yes, Bears are absolutely terrified of us getting and staying over 10k. They are most likely committing slow motion financial suicide shorting into the halvening with Coronavirus gaining traction and money being printed like never before.

When this is over, if there is an afterlife and their Bear souls leave their bodies, I think we all know where they are going.

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https://www.topozone.com/west-virginia/hardy-wv/ridge/bears-hell/






Is the game end?? where is the next support level?
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February 24, 2020, 03:18:55 AM
Last edit: February 24, 2020, 03:41:18 AM by Biodom

Tomorrow's markets look bleak (this is the most likely explanation for a 250 [EDIT: $ or euros or whatever] point down in btc):
https://www.cnbc.com/2020/02/24/us-futures-coronavirus-outbreak.html

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As of 9:45 p.m. ET Sunday, Dow Jones Industrial Average futures were 392 points lower, pointing to an implied opening plunge of 385.41 points for the index on Monday.
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February 24, 2020, 03:36:35 AM

Bitcoin does not have any goddamn points.
bkbirge
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February 24, 2020, 04:16:41 AM

Tomorrow's markets look bleak (this is the most likely explanation for a 250 [EDIT: $ or euros or whatever] point down in btc):
https://www.cnbc.com/2020/02/24/us-futures-coronavirus-outbreak.html

Quote
As of 9:45 p.m. ET Sunday, Dow Jones Industrial Average futures were 392 points lower, pointing to an implied opening plunge of 385.41 points for the index on Monday.

If that reasoning in the article as implied is true then I'd expect BTC to be the recipient of safe haven funds. We'll see when the markets open I guess. Or not. BTC seems to do what it wants.
jojo69
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February 24, 2020, 04:34:39 AM


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

$7450
LUCKMCFLY
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February 24, 2020, 04:43:29 AM

It is a good point of view from Elliot.

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$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
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February 24, 2020, 05:12:23 AM


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.
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February 24, 2020, 05:22:26 AM


That is quite precise !



$7461.20, I was rounding

of course it rises roughly $5/day also
OutOfMemory
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February 24, 2020, 06:47:17 AM

When support becomes resistance  Undecided

Gyrsur
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February 24, 2020, 06:57:46 AM

When support becomes resistance  Undecided


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February 24, 2020, 07:14:32 AM

To whoever is selling at this low price, many thanks for the cheap coins!
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February 24, 2020, 07:19:17 AM
Last edit: February 24, 2020, 07:34:05 AM by 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
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February 24, 2020, 07:26:13 AM
Merited by Gyrsur (1)

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

US$ a safe haven asset?!... LOL
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February 24, 2020, 07:32:45 AM

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
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February 24, 2020, 07:47:02 AM

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
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February 24, 2020, 08:34:52 AM

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.

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Grab 'em by the pussy!
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February 24, 2020, 09:06:05 AM
Merited by El duderino_ (2), xhomerx10 (1), Lambie Slayer (1)

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
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February 24, 2020, 09:22:09 AM

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?

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February 24, 2020, 09:31:20 AM
Merited by LFC_Bitcoin (1)

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February 24, 2020, 09:55:25 AM


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


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