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

[RejectedBanana]

Cryptic dreams abound...
Planning for my imminent
Boating accident


Sunday #haiku

[1715178415]

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[sirazimuth]

pump pump pump pump pump
pump pump pump pump pump pump pump
pump pump pump pump DUMP

[JayJuanGee]

Y'all hate on me if you like... but I'm kinda thinking we need to cool down soon.

We want this to be a grind for now, not a parabola.

On the other hand maybe bitcoin could do something never seen before??  (Irrational Exuberance)

No, you're right. Too much too soon is never good

At least, we had a quickie breach of $12k to make everyone feel good.  Lasted well over 10 minutes.

Who doesn't appreciate a quickie?

Hey, we're still over 10k, that's all that matters!

It went down to € 9200. we were above €10 k for just a few hours. As always I must add. I don’t know why,  but the € 10k is a beast that is somehow hard to cross.  Maybe kraken wants to signal us its relevance? They do most of their volume in €.
I don’t think I ever woke up in the morning and found out that €10 k was still holding when it was crossing it the day before on its first try.  It just fucking never did at least in my memory. 2nd try could work but has also often failed in the past.

The $ had its struggle with 5-digits as well... it will come

Many of us likely realize whether we are talking about trying to get above and stay above €10k, and to get stay above and not go below $10k, these are just transitionary numbers.

There is no do or die in regards to king daddy and the up and down waves that she goes through.

We just experienced an up before down, and fuck we start to be able to tell when the price goes up about $700 (6%) in 24 hours, but it had already gone up $2,300 (25%) in the previous week or so with no meaningful correction, and we are getting the feeling that this thing is a bit over doing it... which could cause even greater extremes - and neither direction is out of the question - even while we are feeling a bit of a relieve to get fucked to shit by a 30-minute $2,350 red candle, and we don't even know when that one is going to stop... (and lucky that it did), so we are back into consolidation mode.. and either direction, again becomes a kind of 50/50.. at least if it does not over heat too much too soon.

Maybe we go back into 4 digits and maybe we get above €10k, and stay there?  Either way, life is good.    

Glad to have been here since before 2017 and rode the wave all the way through 2018, 2019 and the first half of 2020...

Bouncing around between $10,900-ish and $11,250-ish and not knowing for sure, which way she is going to break, short-term, currently, as I type, we seem to be in a good place boyz and girl.  

Are you going to be such tricky buggers when we get towards €20k, €50k, €100k etcetera etcetera etcetera?

No. € bureaucracy has only power around 10k; next round I suspect the Serbian динap to whip the price. when will the £ have its time to shine?

Wat?

Have you guys been consulting with Torque?

Numbers are hardly as BIG of a thing as you are making them out to be.

Even though they are.

fuckers.

 

[vapourminer]

the roller coaster
is back in service again
please enjoy the ride

#haiku

[bitcoinisbest]

Price rises, Price falls
Enjoy ride it’s a roller-coaster
After night, theirs another sunshine


#haiku

Edit :- Understood it, first time ever trying it. Good learning though about this Haiku.

Nothing to worry
Drop is not permanent here
Soon will see new highs

[JSRAW]

#legendarylivesmatter

-1

What happened to your MS application?

---------
Tiktok

[xhomerx10]

Other then if <censored> hits 1 dollar.😀

Hey no shitcoinery talk bro.
Else Jay will meme bat-slap you upside the head.
Followed by lots of words...

Hell having that coin lets me hodl all my btc.

I tell my self it has a huge upside. as it has only 500 million marketcap.

I only need  four or five billionaires to jack it up ten or twenty fold.  Like the Hunt bros did with silver when i was in the Navy. those shit coins allow me to stay relaxed about my btc.

hodl btc.

Now here is my exact point.  Btc got to 12134 and dropped to 11920 weak hands sold at 12+

in olden days. I would have been weak.

instead I smiled at 12134

then looked at my doge which is up today and simply smiled again.


btw doge was a the leading indication of this run as it had a strong rise back in ealry july.

that prompted me to buy some btc miners on ebay using 24 months no interest

I get to trade paypal credit for steady cheaply purchased coins.

i pay 50-50 coins so

I am buying btc from these miners at 11900/2 or 5950 a btc.  add in the monthly payment of 35 a month.

As I rarely trade I look at it from outside the box of charts teacups spoons 🥄 etc.

as I am buying coins at 1/2 price

 Wow.  Half-price Bitcoin sounds awesome.  I've looked into using used and brand new miners where I live and even though the gov't has removed time-of-day pricing for electricity and fixed the price at ~$.09 /kWh I would be lucky to break even on the electricity cost alone.  You're a maestro of mining!

[BALIK]

Looks like Bitcoin got rejected around the $12,050 price point. A brief cooling-off period is good for Bitcoin.

Currently looks like strong support is forming at just above $11,000. Unless we see a sudden dramatic sell-off, we're not likely to go back under $11,000.

Remember guys, Bitcoin can't always go up, there needs to period of reprieve where support levels can form and momentum can resume. Going too high too fast can lead to a dramatic crash when shit hits the fan.

The overall market sentiment is still extremely bullish: More than 82% of open interest is long.



We're also seeing a lot of the weak hands get shaken out. There was a decent resistance at $12k which got smashed, triggering a wave of automatic liquidations. The quarterly BTC futures contract also spiked up to $100k temporarily, indicating a while was trying to purposefully trigger a sell-off above the $11k price point.

Binance posted an update about it here:

https://www.binance.com/en/support/articles/2328062b733846d9b7855840aba4c05d

The rate and momentum of this recent growth is unprecedented above the $10k price point. This is almost certainly an indication that a new all-time high is on its way. Two more jumps of 30%+ in two weeks and we'll break ATH!

[LFC_Bitcoin]

Take my last 2 Merit’s ^^

[xhomerx10]

Are you going to be such tricky buggers when we get towards €20k, €50k, €100k etcetera etcetera etcetera?

No. € bureaucracy has only power around 10k; next round I suspect the Serbian динap to whip the price. when will the £ have its time to shine?

 Personally, I'm looking forward to one billion dong!

 #nohomo

[JimboToronto]

Good morn Bitcoinland.
One one one one eight dollars
(Bitcoinaverage).

I see we're right back
Where we were two days ago...
Healthy correction.

All things considered,
It was a very good week.
Go go Bitcoin go.

[goldkingcoiner]

Take my last 2 Merit’s ^^

What about me? Where are my merits? I need merits! I have children to feed! Not my children, but children nonetheless!

[LFC_Bitcoin]

Take my last 2 Merit’s ^^

What about me? Where are my merits? I need merits! I have children to feed! Not my children, but children nonetheless!

Stop going to pedo island & you won’t feel guilty about not feeding them

[suchmoon]

'lax everyone, it's a Bat Simpson pattern


Edited 2020-11-30 to fix a broken image

[Last of the V8s]

#suchdadjoke

[becoin]

Remember guys, Bitcoin can't always go up, there needs to period of reprieve where support levels can form and momentum can resume. Going too high too fast can lead to a dramatic crash when shit hits the fan.

Obviously, you're new to Bitcoin. I was told that when bitcoin hit $10. I was told that when bitcoin hit $100. I was told that when bitcoin hit $1000. I hope you have not sold all your bitcoins just because "Bitcoin can't always go up"...

[dragonvslinux]

Greed at highest since July last year 



https://www.youtube.com/watch?v=JZYZoQQ6LJQ

[xhomerx10]

Remember guys, Bitcoin can't always go up, there needs to period of reprieve where support levels can form and momentum can resume. Going too high too fast can lead to a dramatic crash when shit hits the fan.

Obviously, you're new to Bitcoin. I was told that when bitcoin hit $10. I was told that when bitcoin hit $100. I was told that when bitcoin hit $1000. I hope you have not sold all your bitcoins just because "Bitcoin can't always go up"...

 Hodlers are unaffected by instantaneous rates of barting.

[bitcoinisbest]

1st Pic - Reaching the top at 12k of this year feels astonishing

2nd Pic - Since this is a roller-coaster ride the slide is inevitable


                 

[BlackHatCoiner]