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

[El duderino_]

via Imgflip Meme Generator

[1713932683]

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[1713932683]

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[1713932683]

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[hung58bitcoin]

I think that if the corona virus disease continues to spread in many countries and many infected people will have an economic crisis. There are many reasons why I think so. First, the tourism industry will suffer big losses because people are restricted from traveling in countries with large epidemic regions like China and South Korea. Second, manufacturing industries such as automobiles and phones depend on raw materials in China. The evidence is that many large automakers have difficulty in manufacturing. As a result, stocks fell, gold prices fell and real estate was closed. I hope that BTC will not be affected by Corona too much and that everyone will benefit from BTC.

[HairyMaclairy]

LFC have you had any shipments?

Someone I know got a partial shipments of uniforms they had ordered out of China.  Still half the shipment missing.

[dragonvslinux]

My TA for the day, in order to contradict my worst case scenario to around $7.4K, which I think is less likely. Not yet confirmed with a Daily close, but keeping a close eye on this one.

Daily MACD Signalling Seller Exhaustion at $8,500

]

As can be seen by the Moving Average Convergence Divergence (MACD), bears have begun signalling exhaustion on the Daily time-frame at current prices, though not yet confirmed with a closing candle. This colorful extrapolations is based on the most recent times the MACD's histogram went below -175 while trading the bear & bull exhaustion cycles, as opposed to the bull and bear crosses with the signal line as the MACD is traditionally used for.

The concern is decreasing bullish momentum of each rally (when sellers become exhausted >-175) with the lower highs on the buyer's end of the histogram, as well as other short-term bearish factors. None the less in each occurrence in the past 9 months bear exhaustion has signaled good entries for profitable trades or otherwise break-even trades at worst (such as the yellow and blue recent seller exhaustion).

In the background, the 0.5 fib retracements of the $3.2K to $14K as well as $6.4K-$10.5K move line up around $8.5K at current prices. The RSI is otherwise bearish with room to move to oversold conditions, as referenced below. It's time to BTFD again.

Not yet started new topic yet, waiting to see if the histogram confirms the seller exhaustion by the end of the day.

[Last of the V8s]

https://bitcointalk.org/index.php?topic=178336.msg53926947#msg53926947
https://bitcointalk.org/index.php?topic=178336.msg53938671#msg53938671
https://bitcointalk.org/index.php?topic=178336.msg53939366#msg53939366

some posts that need a merit imnvho

[fillippone]

https://bitcointalk.org/index.php?topic=178336.msg53926947#msg53926947
https://bitcointalk.org/index.php?topic=178336.msg53938671#msg53938671
https://bitcointalk.org/index.php?topic=178336.msg53939366#msg53939366

some posts that need a merit imnvho

Agree.
Got you covered.

[Last of the V8s]

^

Announcements > Bitfinex Repays $100M of Outstanding Loan Facility to Tether February 28, 2020

Bitfinex is pleased to announce that on Friday, February 28, 2020, it repaid $100,000,000 of the outstanding loan facility to Tether. Bitfinex made this payment in fiat wired to Tether's bank account. This payment is all on account of principal. Interest on all amounts due under the facility agreement has been prepaid up to March 2020.

A bitfinex post which does not need a merit.

[Last of the V8s]

https://www.bloomberg.com/news/articles/2020-02-29/singer-s-elliott-is-said-to-seek-to-replace-twitter-ceo-dorsey

Bloomberg finally caught on to this story. With @jack being one of the strongest bitcoin advocates out there, it would be better if he was left the eff alone. No doubt also there would be even less free speech on that platform.

[hv_]

Very interesting.
I think I can play bingo reading  any random Italian newspaper.
Any hint of this in the WO?

My fav is

False Consensus


Segwit is not Bitcoin

 

[Last of the V8s]

[HairyMaclairy]

Concerns about a possible undetected community spread in Washington State.

https://www.nytimes.com/2020/03/01/world/coronavirus-news.html

[yslyv]

Below from Boston Children's Hospital:

"Coronavirus mainly transmitted through contact with respiratory droplets from cough and sneezing.
Masks are not the primary preventative measure as repiratory viruses are primarily spread through droplet contamination of hands after people blow their nose or cough into their hands."

[d_eddie]

Lol this maps looks suspicious:



Italy’s number looks low to my own anecdotical experience. Might be 1 in 10 (don’t know about women anyway).
What’s  wrong with Netherlands btw??

I would make a relevant distinction between number ones and number twos.

For number ones, washing hands before is as important as after, or even more. If you keep your junk in order, it's more about stopping bad stuff from outside entering the fun zone than spreading cooties from your johnson outwards.

Number twos are a totally different ball game.

[machasm]

BTC gaining more traction

https://cointelegraph.com/news/australian-judge-says-crypto-is-a-legitimate-investment-vehicle

[Ibian]

Yes and no. They are narcissistic, which you could call a form of insanity. But they are not stupid in the sense that they know what they are doing, so there is an actual conspiracy.

[El duderino_]

[El duderino_]

It’s been 4 years since I wrote my “complete guide to trading crypto” blog post.

Now that it’s that time of the cycle again for Bitcoin and Crypto, and with a new wave of aspiring traders coming into the space in 2020 and 2021, I thought it was about time I updated it.

Enjoy!
https://twitter.com/onemanatatime/status/1234081179147440129?s=20

It's finally here!

Everything you need to know about How to Trade Crypto all in one place. From technical to fundamental to sentiment analysis, high probability trade setups, and tips on how to develop an effective trading strategy.



https://blog.aluna.social/how-to-trade-cryptocurrency/2020/03/01/how-to-trade-crypto-bitcoin-altcoins-complete-guide-cryptocurrency-trading/

https://twitter.com/AlunaSocial/status/1234080512932626432?s=20

Something to read ...

[bitebits]

Been thinking about it a bit more. Bitcoin does not produce anything. There is no dependency on any supply chain being functional or not. Dumping your precious bitcoins like a company stock because of a non computer virus makes absolutely no sense. It is an irrational decision unless your purpose is to try an buy them back cheaper, and we all know how that worked out over the last 10+ years for Joe Average.

I am a buyer of Bitcoin until this knowledge gap closes and going to happily quote myself in a few years time. Today’s price of a bitcoin is ~ $8500.

[Hueristic]

https://twitter.com/blockfolio/status/1233491134900572160

The stock market fell the equivalent of 694,573,873 bitcoin in a single week.

Is it evil that I take pleasure in this?

[vapourminer]

Been thinking about it a bit more. Bitcoin does not produce anything. There is no dependency on any supply chain being functional or not. Dumping your precious bitcoins like a company stock because of a non computer virus makes absolutely no sense. It is an irrational decision unless your purpose is to try an buy them back cheaper, and we all know how that worked out over the last 10+ years for Joe Average.

fastest way to get rekt in modern times.

of course hodling is also the fastest possible way to get to that stupid rich thing too.


EDIT  maybe