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

[hv_]

https://beincrypto.com/usdt-has-just-surpassed-9-billion-in-market-capitalization/

Holy...

nothing to see here - cryptos incl btc soon dethroned ( gettin at #3 now, passing crapple) ?

Or mega pump incoming ?

[bitebits]

Seems like the miners squished out every little hash rate left in their miners yesterday, reaching an ATH at the day of the halving:
Bitcoin Hashrate All Time High May 11, 2020:  149.72 EH/s

Currently we are estimated to be down with about 21% after the halving. Lets monitor how this evolves, no 'minder dead spiral' yet it seems.
Current Bitcoin Hashrate:  118.64 EH/s

Hashrate found a local bottom yesterday at 82.11 EH/s, a decline of 45% from the ATH on the day of the halving.
Current hashrate is back to 103.24 EH/S, up 26% from yesterday's bottom, and -31% from the ATH. Nothing unexpected so far, only back to May 9 2020 levels (!).


The hashrate is calculated based on the difficulty and the time to find a block, which short term gives rather volatile numbers.

[El duderino_]

Dammit 3666 merit, please release me from that Nr 

[El duderino_]

Dammit 3666 merit, please release me from that Nr 

Thx bro!

[Room101]

https://beincrypto.com/usdt-has-just-surpassed-9-billion-in-market-capitalization/

Holy...

nothing to see here - cryptos incl btc soon dethroned ( gettin at #3 now, passing crapple) ?

Or mega pump incoming ?

Probably completely wrong, but bitcoin currently feels like it has in the past before largish steady rises. Not huge pumps, just lots of small green candles week in week out, until all of a sudden it's 4 months later and the price has doubled. I was extremely skeptical we would hit a new ATH this year, but my gut tells me the chances are increasing. More and more people are looking at the world and scratching their heads, I expect more old time Wall St types to start allocating some resources to bitcoin this year. It makes sense that USDT should end up being an appreciable percentage of Bitcoin's market-cap, as bigger traders move into and out of Bitcoin based on whatever their algorithms/tea-leaves are telling them.

[Globb0]

I am going to start battling you, AlcoHoDL,

[serveria.com]

Or mega pump incoming ?

Here, corrected it for ya...  

[bitcoinPsycho]

https://beincrypto.com/usdt-has-just-surpassed-9-billion-in-market-capitalization/

Holy...

nothing to see here - cryptos incl btc soon dethroned ( gettin at #3 now, passing crapple) ?

Or mega pump incoming ?

Stop embarrassing yourself  

[In the silence]

Smallish correction but BTC refuses to go lower... get ready for moar up! 

Still declining to go lower, the resistance are strong maybe will pass $10,000 this week.

[HairyMaclairy]

Please stop.
This thread is about BTC's exponential growth, not hypothetical COV deaths.

Many have tried to keep WO on topic.  All have failed.

[Globb0]

Let the attack commence!







Hourly chart cup handle pattern? or not?

[Room101]

Please stop.
This thread is about BTC's exponential growth, not hypothetical COV deaths.

Many have tried to keep WO on topic.  All have failed.

 

The original Wall Observer got closed because of that didn't it? Too many memes, not enough charts, even back in 2013. The OP cracked it I think?

[Globb0]

Ha never go full Mindrust, page 4 of this thread

(they were debating 1k back then)

[HairyMaclairy]

A gentle reminder of the purpose of this thread for the strays.  Please stay on topic.  

Wall Observer
A free service brought to you by the bitcoin community

Whenever there is a significant change in market depth, please update this thread with a new depth chart, and a good price chart with some TA is also welcome, feel free to comment on these if you have something to worth contributing, ( if your post is not at all TA it will be deleted )

Posting guild lines:
 Please lets keep this thread clean. ( I will be removing any off topic posts )
 Do not post random comments on this thread, unless it is directly related to the last wall update (ex. The 20K ask was was NOT sold into, it was removed after being tested)
 When you post a chart please use bitcoincharts.com, mtgoxlive.com, btccharts.com or bitcoinity.com (This information may be out of date)

Recommendations
Do: Post TA and news items related to Bitcoin, engage in friendly debate and banter, ignore people who offend or insult you
Don't: Be a drama queen


as requested, i have started a new thread.
this thread is now a self-moderated topic.
I will try and keep this thread clean, with only facts, current trends, past price movements, depth charts, etc.
I promise to not delete post simply because i do not agree with the bearish TA.

thank you for your input!

We needed more regulation around this bitch.

the rules of this thread is an attempt to keep this thread from having +1000 post when price is doing big moves, and instead relay important indicators during critical moments.
also when the market is more calm we can expect to see wall posts and TA price charts, back to back without any relevant chatting, making easier to analyze.
there are other threads where speculators can discuss their sentiment, just not here...

That 1000+ page thread was getting kinda useless.

How about bitcoinium.com pics? I can never get mtgoxlive to load

thats fine too,
I'm looking for quality charts or good TA bearish or bullish.

asking good questions example....

Interesting pattern I've noticed. It's been sort of bouncing downwards for the last 4 days. Is there a technical term for this sort of thing?

is also welcome here.

just don't be posting about your "FEELINGS" and you won't get delete.  

Disclaimer: All posts in this thread are for entertainment purposes only. Nothing in this thread should be construed as financial advice.

*note: This thread was started by adamstgBit. I took over after he went AWOL.

[JSRAW]

[hv_]

https://beincrypto.com/usdt-has-just-surpassed-9-billion-in-market-capitalization/

Holy...

nothing to see here - cryptos incl btc soon dethroned ( gettin at #3 now, passing crapple) ?

Or mega pump incoming ?

Stop embarrassing yourself  

oh - yes, pls stop me to learn how to troll 

[bitcoinPsycho]

https://beincrypto.com/usdt-has-just-surpassed-9-billion-in-market-capitalization/

Holy...

nothing to see here - cryptos incl btc soon dethroned ( gettin at #3 now, passing crapple) ?

Or mega pump incoming ?

Stop embarrassing yourself  

oh - yes, pls stop me to learn how to troll  

Go fuck yourself
Deluded csw cock sucker

[Room101]

A gentle reminder of the purpose of this thread for the strays.  Please stay on topic.  

Wall Observer
A free service brought to you by the bitcoin community

Whenever there is a significant change in market depth, please update this thread with a new depth chart, and a good price chart with some TA is also welcome, feel free to comment on these if you have something to worth contributing, ( if your post is not at all TA it will be deleted )

Posting guild lines:
 Please lets keep this thread clean. ( I will be removing any off topic posts )
 Do not post random comments on this thread, unless it is directly related to the last wall update (ex. The 20K ask was was NOT sold into, it was removed after being tested)
 When you post a chart please use bitcoincharts.com, mtgoxlive.com, btccharts.com or bitcoinity.com (This information may be out of date)

Recommendations
Do: Post TA and news items related to Bitcoin, engage in friendly debate and banter, ignore people who offend or insult you
Don't: Be a drama queen


as requested, i have started a new thread.
this thread is now a self-moderated topic.
I will try and keep this thread clean, with only facts, current trends, past price movements, depth charts, etc.
I promise to not delete post simply because i do not agree with the bearish TA.

thank you for your input!

We needed more regulation around this bitch.

the rules of this thread is an attempt to keep this thread from having +1000 post when price is doing big moves, and instead relay important indicators during critical moments.
also when the market is more calm we can expect to see wall posts and TA price charts, back to back without any relevant chatting, making easier to analyze.
there are other threads where speculators can discuss their sentiment, just not here...

That 1000+ page thread was getting kinda useless.

How about bitcoinium.com pics? I can never get mtgoxlive to load

thats fine too,
I'm looking for quality charts or good TA bearish or bullish.

asking good questions example....

Interesting pattern I've noticed. It's been sort of bouncing downwards for the last 4 days. Is there a technical term for this sort of thing?

is also welcome here.

just don't be posting about your "FEELINGS" and you won't get delete.  

Disclaimer: All posts in this thread are for entertainment purposes only. Nothing in this thread should be construed as financial advice.

*note: This thread was started by adamstgBit. I took over after he went AWOL.

 

I wonder what happened to adamstgBit. On a yacht somewhere hopefully.

[HairyMaclairy]

Ok guys and gals. 

Time to prepare for the next super bull. 


What is your tip for knowing when the market has achieved a superexponential blow off top?

[bitebits]

https://twitter.com/pierre_rochard/status/1261126181987979270

Hoarding money is philanthropic, as you increase everyone else's purchasing power.