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

[aesma]

You heard it here first. 



Source: https://twitter.com/RookieXBT

Buying this time and at this moment can be a suicide tho , but yeah no pain no gain !

No it can't. But you need to be prepared to be at a loss for 2-3 years if things go wrong. Best to keep some fiat to buy lower, too.

[1713588792]

1713588792

[1713588792]

1713588792

[aesma]

Also, it's not being "extreme left" to prevent people from organizing a coup and lynchings, it's called civilization.

This whole thing is heading towards War of Terror 2.0 domestic edition.

There will be Patriot Act 2.0 and then 3.0 and there will be bitcoin sections in them, no doubt.

They already started to block some rioters PayPal and Venmo accounts.

Will they go after bitcoin next? We'll see.

They can't destroy bitcoin, but they can choke the retail usage by over-regulating it. "Accredited investors" will be fine, of course.

The US likes to go from one extreme to the other, it seems. Maybe a bit more moderation could have prevented that ? Deleting Trump's racist tweets starting 10 years ago for example, or at least putting the disclaimers they now put ?

[savetherainforest]

A comparison between January 2017 and January 2021
 

coingecko.com


January 4, 2017: 1,130 dollar
January 11, 2017: 780 dollar

31% drop in 7 days.
After that, the price increased 24x in less than a year.

A same thing is happening today (January 11, 2021)
+200K dollar in December 2021?

Who knows... maybe K300-400K ... When it will be too high, they will try to make it more stable.  

[sirazimuth]

Seems legit so far...

Is that bitcoin flipping us the double bird?

[Wekkel]

It seems the bears have entered the room 

[aesma]

I have no doubt BTC can go to 6 digits and eventually 7, but 300-400K this year ? It just doesn't compute, I'll believe it when I see it.

[hisslyness]

It seems the bears have entered the room 

fuck the bears!

[sirazimuth]

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

[AlcoHoDL]

Kraken is unbearable.

Had to sign in 5 times, and it keeps kicking me out in the first 10 minutes of use...

Can't even imagine placing an order. It's all so 2017...

(2017 + 4 = 2021) — Math & science checks out.

[Toxic2040]

the morning sea of red wall report

the correction has arrived  all crew report to your damage control stations

that is all


#dyor

sun shade goes up over the tiki bar
1h


double bump Nessy heads out to sea
4h

#stronghands

[BobLawblaw]

buy more PayPal btc I just did that

I'm an idiot for not thinking about that.

[ ... moments later ... ]

"$4.50 service fee for a $250 dip buy of PPBTC ? Jesus help my unclean spirit."

[Presses Buy Button]

[explorer]

I have no doubt BTC can go to 6 digits and eventually 7, but 300-400K this year ? It just doesn't compute, I'll believe it when I see it.

Data acceptance error.  Please re-enter data and re-compute.
 

[sirazimuth]

What's this? No one has posted the dude-jumping-out-window gif yet.

(....for the billionth time)

[Toxic2040]

What's this? No one has posted the dude-jumping-out-window gif yet.

(....for the billionth time)

[explorer]

   This is fine

[eXPHorizon]

What's this? No one has posted the dude-jumping-out-window gif yet.

(....for the billionth time)

Ask and you shall Receive

[Phil_S]

Also, it's not being "extreme left" to prevent people from organizing a coup and lynchings, it's called civilization.

This whole thing is heading towards War of Terror 2.0 domestic edition.

There will be Patriot Act 2.0 and then 3.0 and there will be bitcoin sections in them, no doubt.

They already started to block some rioters PayPal and Venmo accounts.

Will they go after bitcoin next? We'll see.

They can't destroy bitcoin, but they can choke the retail usage by over-regulating it. "Accredited investors" will be fine, of course.

The US likes to go from one extreme to the other, it seems. Maybe a bit more moderation could have prevented that ? Deleting Trump's racist tweets starting 10 years ago for example, or at least putting the disclaimers they now put ?

They always wanted Twitter ban, and they finally found a good enough excuse.

This is from 2019:
https://www.vox.com/policy-and-politics/2019/10/16/20917492/kamala-harris-elizabeth-warren-trump-twitter-democratic-debate

Harris and Sen. Elizabeth Warren (D-MA) clashed at Tuesday’s Democratic debate when the California senator tried to push her Massachusetts counterpart to call for the president’s Twitter account to be suspended.

[Biodom]

WARNING!

My market analysis shows that we are within 0-15 days of the downturn.

Before that we can go to anywhere between 34.5K and 128K (basically 1-4X)..1x obviously means that we turn tomorrow or even later in the night, but 4x and 128K is almost equally probable, IMHO. An arithmetic average between these two numbers is about 80K, which is slightly above my prior range of 50-70K medium top, but I thought that this local top would be only in March, but it is close to impossible now as the digital assets market where btc is not less than 69% weighting and much more if you remove stablecoins is completely feverish for an unknown reason.

It is not just bitcoin anymore. Everything is crazy, very similarly to Jan 2018.
To ignore the whole market behavior is not possible as it was wrong to ignore the Nasdaq behavior in 2000 when your favorite large cap was still outperforming.

Market is telling us that this will not continue for much longer, sorry that it was kind of short-lasting even if we will squeeze it up to 50-100K in the interim.
Bottom by the spring at 1/2 or even 1/3 if we peak at 100-120K, maybe a second run in the fall.

hey, it happened from 42K and at the 7th day.
Therefore, it is from a smaller high, so the downturn is less likely to reach 50%, maybe we already hit it at around 29.3%. We shall see.
Now, the NUPL will reset, which is a good thing, resulting in a higher high possibility.

[soullyG]

What's this? No one has posted the dude-jumping-out-window gif yet.

(....for the billionth time)

...buying the dip 

[El duderino_]