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

[LFC_Bitcoin]

Observing a nice PUMP, today is a good day.

Also observing Twitter UK official account posting this



https://twitter.com/twitteruk/status/1286052229808447489?s=21

CHAMPIONS

[1715085849]

1715085849

[1715085849]

1715085849

[UnDerDoG81]

Holy shit whats behind these no volume pumps?

[vapourminer]

Holy shit whats behind these no volume pumps?

aliens

[hodl_2015]

Holy shit whats behind these no volume pumps?

It doesn't take a lot of volume when everyone agrees the price should be much higher.
Also: USD is dropping so BTC priced in USD should go up.

[goldkingcoiner]

I am here for the 10k train. I got my ticket and my sandwich.

[ProfTP]

John Bollinger tweeted about the first lift after the BBands squeeze on BTC/USD yesterday. You can see it on the 4 hour Bitstamp chart:


Slight pull back today but still a bullish bias IMO. Slight, but it is there and significant. We need to see follow through with prices starting to walk the upper BBand again and take out $9480, and IMO this needs to happen within a week or we face more than just continued sideways consolidation. We could test $9000 again and if that level does not hold the next significant support level is ~ $7700.

Didn't bollinger himself point out that to a good degree btc does seek to touch the lower band if it broke up through the upper one?
I see this repeating quite often in my charts if i enable BB.

it actually did a few days ago and quple of times around june/july


its quite a good step out of the band


looks like btc is geting pumpy

[strawbs]

Walls observed, years pass
Spartan hodlers wait unerred
Their time is nigh, Choo

#anytime haiku

[bitserve]

This is fine.

[Wekkel]

Next sell signal will be when 3 day RSI is over 90 to 92.

I tend to think that above 85 RSI proved to be a tradable signal. But perhaps you only look for the absolute peak in the next bull run?

[BitcoinNewsMagazine]

Next sell signal will be when 3 day RSI is over 90 to 92.

I tend to think that above 85 RSI proved to be a tradable signal. But perhaps you only look for the absolute peak in the next bull run?

Depends on your risk tolerance and entry/exit signals learned from experience. During the December 2017 parabolic top selling at 3 day RSI of 92 would have got you out at about $16500. Then you had another chance to sell over $16000 on the dead cat bounce in January 2018. Back then the public (even some seasoned traders) were not even thinking about selling, expecting the bull run to continue. Then there was money to be made shorting all the way down to $3122. If you used 3D RSI under 18 you would have closed your short at about $3500 - $4000.

[Biodom]

I am sorry for OT, but Tesla model 3 is a car that is made of cheap materials and is too small for the price.
Sales are down, yet sales of "credits" are up 400%. Stock is up in OT, of course.
TSLA stock is at 300bil valuation. IMHO, a crazy mania, indeed.
https://www.wsj.com/articles/tesla-charged-up-but-going-nowhere-11595454092

Thank g-d, I never shorted it. Was considering calls last summer and even was on a waiting list to buy the car at some point, then saw it in person-no go for purchase.

Glad that btc is up, but annoyed that we are not leading in %%.

Q: can btc do half-Tesla (5X) in the next 12 mo? I hope so.

[Toxic2040]

the evening wall report



1h


4h

[_javi_]

I've just bought a new monitor at Newegg.com, and paid with Bitcoin. 

Payment went thru smooth and fast. Much better than using my local (Argentine) credit card, asking for authorization for a payment abroad, and informing my unfriendly gov about any usd movements.

The only drawback is that i spent my precious hodled satoshis. Now a frenetic bullrun will surely begin.. This is going to be the more expensive monitor ever (0.07 BTC for the records).

Enjoy the +200 usd rise in minutes.. That was me, spending sats.

[lightfoot]

Bump is nice!

Meantime I saw this and just fell over laughing. I simply do not think this well....

[lightfoot]

I've just bought a new monitor at Newegg.com, and paid with Bitcoin. 

Payment went thru smooth and fast. Much better than using my local (Argentine) credit card, asking for authorization for a payment abroad, and informing my unfriendly gov about any usd movements.

The only drawback is that i spent my precious hodled satoshis. Now a frenetic bullrun will surely begin.. This is going to be the more expensive monitor ever (0.07 BTC for the records).

Enjoy the +200 usd rise in minutes.. That was me, spending sats.

Crap, Newegg is taking Bitcoin again?

I still can't bear to throw out my $4,000 cell phone from a few years ago. Aarrgghh!!!

[Biodom]

I've just bought a new monitor at Newegg.com, and paid with Bitcoin.  

Payment went thru smooth and fast. Much better than using my local (Argentine) credit card, asking for authorization for a payment abroad, and informing my unfriendly gov about any usd movements.

The only drawback is that i spent my precious hodled satoshis. Now a frenetic bullrun will surely begin.. This is going to be the more expensive monitor ever (0.07 BTC for the records).

Enjoy the +200 usd rise in minutes.. That was me, spending sats.

Crap, Newegg is taking Bitcoin again?

I still can't bear to throw out my $4,000 cell phone from a few years ago. Aarrgghh!!!

That's OK, I am still holding my "$325" iphone from late 2017...
...er, not really, but it shows that sometimes you can get a bargain if spending strategically.
Something to remember in 2021-2022 as we peak, hopefully.

[BobLawblaw]

https://mobile.twitter.com/PeterLBrandt/status/1286117545892892673
Hot from the rumor mill

Herd on the street

The U.S. Federal Reserve has been the bid under BTC since mid-March, with purchases going to thousands of wallets

Once buying program is complete, USD will be Gold- and BTC-backed. Put that in your hard wallet and smoke it.

[Wexlike]

I want his 'medicine'

[xhomerx10]

https://mobile.twitter.com/PeterLBrandt/status/1286117545892892673
Hot from the rumor mill

Herd on the street

The U.S. Federal Reserve has been the bid under BTC since mid-March, with purchases going to thousands of wallets

Once buying program is complete, USD will be Gold- and BTC-backed. Put that in your hard wallet and smoke it.

 LOL!
 ..as if the US gov't has any gold at all.

[JayJuanGee]

[snip]

Jay, Jay, Jay.  So many questions.  Do you drink coffee all day?
The projection is a periodic function.  The peaks are equidistant on the time axis.

Looked like I accurately described the peaks of your previous graph, so probably we are looking at your own graph differently  - and yes, I am wearing my glasses.. so I would appreciate a more substantive answer because this is not about me, kell, kell, kell... *(your name has a violent rather than cheery feelening, by the way)

You're a nauseating fucking bore, annoying as a fly.
Chew on this
=10^(0.09336159*(A1923+(1-H$31*SQRT(1-((2*LN(MOD((O$31-A1923)/N$31,2)+1)/LN(3)-1)^2)))*I$31)^0.5-1.645486)/(1-((1-I$33/350)*(1-I$34/350)*(1-I$35/350)*(1-I$36/319)))/A$33

Aren't you a pretentious ass?  

You may need to learn some communication and growing the fuck up skills, and realize that bitcoin is NOT only about squiggly lines on a piece of paper, even if you might have some formulations to back up those lines..

Having formulations does not cause your squiggly lines to become more true, and such squiggles likely become even less understandable if you can't control your emotions by allowing your pride to cause you to be incapable of engwish.  

I've just bought a new monitor at Newegg.com, and paid with Bitcoin.  

Payment went thru smooth and fast. Much better than using my local (Argentine) credit card, asking for authorization for a payment abroad, and informing my unfriendly gov about any usd movements.

The only drawback is that i spent my precious hodled satoshis. Now a frenetic bullrun will surely begin.. This is going to be the more expensive monitor ever (0.07 BTC for the records).

That's why most long term HODLers will replace their bitcoin if they spend them, especially if they believe that the BTC price is going to go up.

Of course, in our current price range, it remains unclear which direction the BTC price is going to go, even if there has been some UPpity price movement in the past 48 hours-ish.

How???
My imagination seems not to (let me?) go that far.
Goats... OK, this isn't much of a secret anymore, but maggots?

PM Juan.
:p

You are devolving into emotionalism, yefi, and that might not be a good direction.

Look what happened to Bob....