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

[fillippone]

Am I the only one not seeing images in posts today for some reason?

I think you might be. All good here.

He's in denial, nothing to worry about.
Please disperse, nothing to see here.

[JSRAW]

I made good, good money on Zilliqa trade, closed yesterday for almost 200%,

Wrong thread Sir/Ma'am.

[jonoiv]

Just bought the dip, thanks for the cheap coin

along with krusty, Ronald Mc?

[sirazimuth]

                                   

[xhomerx10]

last two days are bit of classic old bitcoin times. the madness all over the place

I made good, good money on Zilliqa trade, closed yesterday for almost 200%, so I'm fine wherever btc goes now.

 BTC is up over 10 thousand percent since you joined this forum and you're happy with 200% on some piece of shard alt that needed a paid shilling campaign to pomp it?  You don't know good money.  Give your head a shake.

edit: Zilliqa pomp campaign

[Vectra]

I made good, good money on Zilliqa trade, closed yesterday for almost 200%,

Wrong thread Sir/Ma'am.

would be if that's all I wrote

[Vectra]

last two days are bit of classic old bitcoin times. the madness all over the place

I made good, good money on Zilliqa trade, closed yesterday for almost 200%, so I'm fine wherever btc goes now.

 BTC is up over 10 thousand percent since you joined this forum and you're happy with 200% on some piece of shard alt that needed a paid shilling campaign to pomp it?  You don't know good money.  Give your head a shake.

edit: Zilliqa pomp campaign

I am happy with 200% of anything every day of the week and twice on Sunday. Specially, when that 200% is in btc.

[JayJuanGee]

Sucks to be MasterLuc haha 

Sucks to be mindrust 

Our BTC price drop from recent hours brings hopium to no coiners, fence sitters, et al.....

[yefi]

Of note is that the bart up was with high volume while the bart down was with much smaller volume.

Not sure about that one Jimbo, looks about the same, maybe even more for down.

[Torque]

Hang on a sec brb, gonna scoop me up hot altcoin Theta, looks like the next big thing!

*looks at chart*

Oh wait.

[JayJuanGee]

Don't want to ruin the party here but I see the 10k top as yet another Bart move. Sorry Wobservers, I will not consider anything bull until 16k.
If I am proven wrong, I will be happy too.  

Likely there is going to be resistance in the $17k territory, but I doubt that we have to go that far or even to $16k before starting to feel decently comfortable about supra $10k prices, but surely anything within 20% to 30% would likely allow for NOT so difficult to achieve corrections that bring BTC prices back below $10k.. so yeah, maybe it is difficult to get too comfortable in regards to supra $10k until we are above $12.5k or $14k - while at the same time, even a $16k price would not preclude corrections back below $10k, even though there would be approaching 40% correction territory, or more.

Even in our post 2016 halvening, we saw a decent number of relatively shorter term BTC price corrections that were in the 30% to 40% arena, even after going up in price for a while...and with changed times and evolving circumstances, we cannot always expect that previous patterns will hold, including a return to greater volatility, even in the midst of proclamations that bitcoin has been becoming less volatile, even though admittedly, with greater market caps (this time around as compared to our previous 4 year fractal), admittedly it takes more dollars to fuel those hypothesized greater levels of volatility, and with BIG battles, there may be folks on both ends of the battle field ready, willing and able to put some additional fuel into the fire (I know I am mixing metaphors, but hopefully you can still appreciate what I am saying).

[JayJuanGee]

Fake dump. Next week->10K!

Got this amazing feeling that where going back to the 10k areas in not to long of a time period....

I do love this feeling...

Maximum NON-investment #dyor

The next few days are critical   It will show whether we are building a floor of a bull ladder before the next climb above 10K, or the decline will continue until some solid support is found. These dead cat bounces were typical for the last 2 years. But the odds are now in favour of the bulls IMO. I mean both the halving and the big volume of bitcoins withdrawn from exchanges since March 12th are good premises for the price to increase.

I may not be MasterLuc, but this aged pretty well. Sorry for all those dumpsters that sold way below 9K. And of course, the poor mindrust. I hope he is not having a heart attack or something.   #stronghands #stronghats

Who is masterluc............................. there are no guru’s in btc nor lines to follow or whatever and indeed this aged very well 

Sorry to say that there surely are a lot of BTC price "guru wannabes" in these here parts.   

For every active WO member, there is at least 3 active BTC price guru wannabes...   I don't know how the math works out in that direction, but it seems to.


 

[JimboToronto]

Of note is that the bart up was with high volume while the bart down was with much smaller volume.

Not sure about that one Jimbo, looks about the same, maybe even more for down.

You're right. It is about the same.

I was looking at the 1 hour candles on Stamp. The bart up was about 6300 coins in the main candle. The main down candle was about 3900 coins. The next down candle eventually passed 4400 coins but it was only part way through when I made my observation.

I stand corrected. They're about the same overall.

[xhomerx10]

last two days are bit of classic old bitcoin times. the madness all over the place

I made good, good money on Zilliqa trade, closed yesterday for almost 200%, so I'm fine wherever btc goes now.

 BTC is up over 10 thousand percent since you joined this forum and you're happy with 200% on some piece of shard alt that needed a paid shilling campaign to pomp it?  You don't know good money.  Give your head a shake.

edit: Zilliqa pomp campaign

I am happy with 200% of anything every day of the week and twice on Sunday. Specially, when that 200% is in btc.

 How much did you bet on it?

[cAPSLOCK]

Am I the only one not seeing images in posts today for some reason?

I think you might be. All good here.

He's in denial, nothing to worry about.
Please disperse, nothing to see here.

Very possible.  I was sending the rollercoastergoingup.gif to a friend of mine last night... and now I suppose I have to send the rollercoastergoingdown.gif

But since images have stopped working on the internet there's no use in it.

[hv_]

Am I the only one not seeing images in posts today for some reason?

I think you might be. All good here.

He's in denial, nothing to worry about.
Please disperse, nothing to see here.

Very possible.  I was sending the rollercoastergoingup.gif to a friend of mine last night... and now I suppose I have to send the rollercoastergoingdown.gif

But since images have stopped working on the internet there's no use in it.

Don't mind, I m sure u find sth to show her

 

[alevlaslo]

train wagon does not require heating in the cold, people warm it up with themselves. This means that an extra room in the house warms the planet by heating as much. The problem is not in CO2, but in warming up, so if everyone moves to Sahara, the problem of overheating will be solved

[Paashaas]

Coronavirus Cases: 6,419,294. Deaths: 378,959. Recovered: 2,941,419.

- 6,000 new infections being detected daily this week in India.

- Brazil sees record increase as cases jump by 33,000.

- Iran records highest tally of new infections since early April.

- Russia records biggest rise in deaths.

- A sudden rise in cases after three weeks with no new infections in Kitakyushu Japan.

- Colombia extends national quarantine until July.

- Philippines records its highest daily infection rate.

- Cases of community transmission are growing in Africa, particularly in Ethiopia.

- South Africa has a backlog of nearly 100,000 tests.

- Doctors in hospitals across the Chilean capital Santiago said beds are fast running short as new cases spike across the city, Corona patients flooding the system.

- Black and Asian people in England are more likely to die from Covid 19.

- South Korea reported its biggest daily rise in nearly 50 days in the Seoul metropolitan area it may need to bring back social distancing. More than 200 schools have been forced to close just days after they re-opened.

- Jezus couldn't prevent Corona outbreak in a German church.

- Calm before the storm for Japan suicides as Coronavirus ravages economy.

- Mexico City records thousands more deaths than usual, amid doubt over the official Covid 19 toll.

- Riots in the U.S might lead to new super spreaders.

- Singapore braces itself for worst recession since independence.

- A troop of monkeys in India attacked a medical official and snatched away blood samples of patients who had tested positive for Coronavirus.

- Renault, Peugeot and Citroën are saved with 8b Euro.

- LATAM Airlines, South America's largest carrier filed for U.S. bankruptcy.

- 40.8M unemployment filings in 2 month, that's 25% of the US workforce.

- Sweden left out of Nordic border reopenings.

- The Premier League will restart on June 17.

- Formula 1 will begin with a double header in Spielberg in July and Silverstone in August. Zandvoort postponed to 2021.

[Torque]

Until this buying volume...



Looks like this buying volume



...we're not going anywhere but sideways.  ¯\_(ツ)_/¯

[cAPSLOCK]

So I am not much on ALTs at all, being a BTC semi-maximalist, and only have any notable holding of ONE alt coin (As well as whatever fork coins I missed out on?).

But this situation has been interesting as the charge forward to >10k was accompanied by a fairly clear loss for alts, as I assume money moved out of them into BTC.  And now today as BTC got hammered they are coming back.

I am fascinated with the situation where alts seem to run counter to BTC - at least in terms of BTC value - vs the (maybe more common?) situation where they move in concert and amplify the losses or gains for Bitcoin.

I find it fascinating, and if my brain was any larger I might develop some theory...