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

[infofront]

Zooming out, it now looks like there's a massive triangle extending from 2017 into 2021. It's also looking like we never really left the bear market. It turned out to be longer and more brutal than anyone anticipated.

[somac.]

Zooming out, it now looks like there's a massive triangle extending from 2017 into 2021. It's also looking like we never really left the bear market. It turned out to be longer and more brutal than anyone anticipated.

Yeah everything looks fucked right now.

Just wish we had a bounce at least

[Lambie Slayer]

https://twitter.com/killer_dill_18/status/1238243151481012225

"When I grow up I’ll be able to say I was alive during what may be the world’s biggest overreaction about anything."

[jojo69]

mumbles incoherently

[Lambie Slayer]

My guess is the prerequisite for a bounce is a small group of people coming to the realization that this virus isnt going to kill that many people.

https://medium.com/@davidpkirkpatrick/why-are-we-ignoring-farrs-law-of-epidemics-coronavirus-should-be-gone-by-summer-7782f3622c3a

[Majormax]

Ok I now have buy orders starting around $3k all the way down to $10.  Whatever happens man I am ready.

If we don’t get below $3k I don’t have any liquidations and nothing changes.

$10 might be a bit optimistic.

If 3k breaks, then 1.5k might be possible. There would surely be some new buyers in that range.

However, I did not expect 6.4k to break, and that is a very bearish signal. Something else is going on (probably not good) , and it would be wise to wait until the smoke clears before taking action in either direction.

Observing 4.6k... when I started this post it was 4.8k.

[qwizzie]

Ok I now have buy orders starting around $3k all the way down to $10.  Whatever happens man I am ready.

If we don’t get below $3k I don’t have any liquidations and nothing changes.

$10 might be a bit optimistic.

If 3k breaks, then 1.5k might be possible. There would surely be some new buyers in that range.

However, I did not expect 6.4k to break, and that is a very bearish signal. Something else is going on (probably not good) , and it would be wise to wait until the smoke clears before taking action in either direction.

Observing 4.6k... when I started this post it was 4.8k.

Observing 4.5K
Also observing a flow going towards altcoins right now.

Link : https://imgur.com/iJ8s7Nh

[Majormax]

https://twitter.com/killer_dill_18/status/1238243151481012225

"When I grow up I’ll be able to say I was alive during what may be the world’s biggest overreaction about anything."

...but suppose it turns out not to be an over-reaction ?

[HairyMaclairy]

Ok I now have buy orders starting around $3k all the way down to $10.  Whatever happens man I am ready.

If we don’t get below $3k I don’t have any liquidations and nothing changes.

$10 might be a bit optimistic.

If 3k breaks, then 1.5k might be possible. There would surely be some new buyers in that range.

However, I did not expect 6.4k to break, and that is a very bearish signal. Something else is going on (probably not good) , and it would be wise to wait until the smoke clears before taking action in either direction.

Observing 4.6k... when I started this post it was 4.8k.

I don’t think it will get there either.  But I need to do it so that I don’t care where the price gets to - I won’t miss out.  

[Majormax]

Ok I now have buy orders starting around $3k all the way down to $10.  Whatever happens man I am ready.

If we don’t get below $3k I don’t have any liquidations and nothing changes.

$10 might be a bit optimistic.

If 3k breaks, then 1.5k might be possible. There would surely be some new buyers in that range.

However, I did not expect 6.4k to break, and that is a very bearish signal. Something else is going on (probably not good) , and it would be wise to wait until the smoke clears before taking action in either direction.

Observing 4.6k... when I started this post it was 4.8k.

Observing 4.5K
Also observing a flow going towards altcoins right now.

Link : https://imgur.com/44roAgS

That may be just random noise : the volatility is so extreme.

[Hyperjacked]

Anyone else feel like getting blackout drunk?

way ahead of you man

I've finished drinking for the day. Started at 9:30am. Had a good nap. Continued drinking. I've never "lost" this much money in a single day before. Multiple millions across BTC and my traditional investments.

This is fine.

I hear ya bob! Don't sweat the small stuff  

[gallianooo]

TO RESUME :

NOBODY KNOWS NOTHING ABOUT BTC PRICE. STOP PREDICTION.

[Majormax]

Ok I now have buy orders starting around $3k all the way down to $10.  Whatever happens man I am ready.

If we don’t get below $3k I don’t have any liquidations and nothing changes.

$10 might be a bit optimistic.

If 3k breaks, then 1.5k might be possible. There would surely be some new buyers in that range.

However, I did not expect 6.4k to break, and that is a very bearish signal. Something else is going on (probably not good) , and it would be wise to wait until the smoke clears before taking action in either direction.

Observing 4.6k... when I started this post it was 4.8k.

I don’t think it will get there either.  But I need to do it so that I don’t care where the price gets to - I won’t miss out.  

Ok, yes.... that is a good trick to help calm mental processes.

[Bitcoinaire]

In 2015 we retested $160 and that really sucked! It looks like it can retest January 2019 lows.

Edit: Also, capitulation.

[Lambie Slayer]

https://twitter.com/killer_dill_18/status/1238243151481012225

"When I grow up I’ll be able to say I was alive during what may be the world’s biggest overreaction about anything."

...but suppose it turns out not to be an over-reaction ?

Too late for that. This whole thing is already a joke. 

via Imgflip Meme Generator

[RCan06]

I don't post here much anymore, but am a daily reader and long term bitcoin user. Just want to wish you guys the best, whether you own bitcoin, stocks or both; especially if you've invested large amounts in recent times, don't panic and make irrational decisions.

As someone who has seen many a bitcoin crash over the years, as many of you here have, things will definitely get better. I know quite a few here got in early can simply say "discount, buy more!' but for those who bought large amounts at $8000, $10000, $12000 etc and are continuing to hodl, I'm sure this is stressful.

Stay strong my bros, we will have our moment again no doubt in my mind!

[2020VISION]

Gold is down too.. So are dow futures..
Where is the money going?

$$$ rice futures pamping  weeee #bitcoinprepper

[itod]

https://twitter.com/killer_dill_18/status/1238243151481012225

"When I grow up I’ll be able to say I was alive during what may be the world’s biggest overreaction about anything."

...but suppose it turns out not to be an over-reaction ?

Too late for that. This whole thing is already a joke. 

via Imgflip Meme Generator

It'a not about deaths. It's about lots of people getting sick and non-functional. Not enough medical personal to take care of them, choosing whom to cure and whom to leave untreated or half-treated. Read a bit what is happening in Italy and stop being so heartless.

[somac.]

Well, I would have to say this has been the worst day ever of all my days in bitcoin (since April 2013) and I think I'm going to have to just not look at it for a while in order to give myself time to accept this shit. Of course, it is hard to stop looking at a car crash, so I'll probably last about 10 min.

HODL everyone! the central bank are not far off buying assets directly and helicopter money, this will flow into bitcoin too.

[2020VISION]

Well, I would have to say this has been the worst day ever of all my days in bitcoin (since April 2013) and I think I'm going to have to just not look at it for a while in order to give myself time to accept this shit. Of course, it is hard to stop looking at a car crash, so I'll probably last about 10 min.

HODL everyone! the central bank are not far off buying assets directly and helicopter money, this will flow into bitcoin too.

$1337 inkominggg    you new here? gogogo bitcornzzz//\\\///\\\//\\\vvv