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

[Torque]

Ah the old fake "double spend" news as well. Classic.

Someone must have wanted to take a large position.

I figure that we're only about 2-3 months out from a major bullish announcement. One of many coming this year.

[machasm]

Ah the old fake "double spend" news as well. Classic.

Someone must have wanted to take a large position.

I figure that we're only about 2-3 months out from a major bullish announcement. One of many coming this year.

Yeah I saw that too.
Looks like a Bitmex screwup for allowing a user to withdraw without block confirmation or only single block confirmation.

[Wekkel]

My best guess is that we correct 'sideways' with $26k as the bottom end (not immediately but a few bumps away). An excellent period to accumulate more  

[erre]

We have been there before

[El duderino_]

My best guess is that we correct 'sideways' with $26 as the bottom end (not immediately but a few bumps away). An excellent period to accumulate more 

Always bear-ish to be proven wrong, the moment when you predict high prices, then I  think a deeper bottom is around the corner 


I know your long term perspective is OK

But ffs your always depressing in every single dip 

#nohomo

#respectyouropinionthough

[xhomerx10]

THIS IS FINE! (at least so far)

and if we broke through the bottom at the end of the triangle, than we are fucked or more "buy the fucking dip"-again ...

Seems that the 24 hours are critical, to the moon or definetly death

This is sooo.... binary  
WO became a lil bearish, it seems?

You cannot judge the whole of the wall observer by a mere few straggly parts.

Can ya?

Florida man goes home after four tumultuous years in public office.

Well, yeah.... "self-defined Florida man," who seems to be a wee bit fraidie to go to NY... for some strange reason?

Might end up in dee jail... no?

Poor widdley thing-i-lie.

  JJG, are you becoming a conspiracy theorist?
Anyone over 70 years of age with limited sense and means (limited or otherwise) would chose West Palm Beach over NYC without batting an eye; especially in the winter.
There's no state income tax in Florida; New York has the highest in the country.

[Sayeds56]

Ah the old fake "double spend" news as well. Classic.

Someone must have wanted to take a large position.

I figure that we're only about 2-3 months out from a major bullish announcement. One of many coming this year.

Most likely we will see a new ATH before the End of 2021. Historically speaking , BTC makes about 30% correction from its all time high before it starts its new journey to make new Highs. BTC may go down to $28,000 before new buying comes in.

[Wekkel]

...
But ffs your always depressing in every single dip 
...

No worries. Stacking those sats.

https://i.imgur.com/VaUgpX7.mp4

[xhomerx10]

$32k is the lowest we go; this is a dump for ants

 Nice!
  Every time I think to give you a merit, I'm out.  I can't seem to hang onto those things.  IOU.

[El duderino_]

$32k is the lowest we go; this is a dump for ants

 Nice!
  Every time I think to give you a merit, I'm out.  I can't seem to hang onto those things.  IOU.

Merit worthy of je was right

[Wekkel]

Double spend FUD dispelled by the Master: https://twitter.com/aantonop/status/1352258125932371968?s=21

[JayJuanGee]

Another test of the lower end of the triangle ongoing...let's see!

But bulls seem to be tired.

Bears dipping their paws into some weakish resistance lines.
I'm ready for surprises, don't care which sort of.


EDIT: Seems we're in for another round of Bitcoin Limbo? 

Seems to me that we are getting the stability that "some of us" were wishing for on the way UPpity from about $20k to $42k, and there were quite a few of "us" who were hoping that some stability would come to BTC.. but they were wishening for such stability at or near the top of the cycle, and many of us likely realize that bitcoin no doesn't work like dat.

If we are going to get "stability" even for a decent amount of time, we have to get some kind of meaningful correction from the topish area.. Of course, there are no set rules, but to get a 15% to 25% correction and then get caught in such a  15% to 25% correction range would not be out of the ordinary... so sure it could go deeper than that or it could go less than that before maybe getting stuck in a kind of consolidation area that could take a while to sort out, if we are not continuing UPpity in the near future, but instead pausing for anywhere between a few weeks (which we have already had a couple of weeks of discontinuation of UPpity) to a few months, and at the same time, the bears are going to drive the BTC price down as low as they can and keep it down as long as they can, so one of the major questions remains regarding how far they are going to be able to go under the current macro-climate and how long are they going to be able to keep it there.

Any crystal balls... sure there are, but one of the best crystal balls is going to take a lot of this with a considerable grain of salt in terms of trying to assign any kind of high level of certainty in terms of knowing either the depth or the duration of whatever "push towards stability" we happen to be within currently as I type this post.

[El duderino_]

https://twitter.com/100trillionusd/status/1352280602721058819?s=21

Hmmmmmm planB wisdom/hopium

[xhomerx10]

...looking to scoop $34k again, and orders in $500 increments all the way down to $30k.
Probably start doubling my buy amounts if we drop into the high $20k's.
EDIT: Ok, and order placed to scoop some dip @ $34.5k because heck why not (double-tapping $34.5k)
EDIT2: $34.5k just got filled as expected.

Yeesh. Woke up to take a piss and saw that I got filled all the way down to $32k. Just added another couple orders trying to double-tap $32.5k and $32k again.

No idea what's going on. Don't care. Methodically continuing to acquire corn.

EDIT: Just got filled @ $32.5k again. I like this pain. feelsgoodman.gif

Up for a wee bet?
1 sMerit that $32k won't get filled?

  ruh-roh

[Torque]

Double spend FUD dispelled by the Master: https://twitter.com/aantonop/status/1352258125932371968?s=21

I bet the MSM could publish complete nonsense articles with headlines like "The Bitcoin blockchain actually caught fire today, sending the price plunging" and there would be a FUD dump.

Also, how many double spends occur regularly on the dollar fiat blockchain? I bet a lot, lol.

[xhomerx10]

Nice cup of tea this morning!

Got to get myself one of those, but I don't drink coffee or tea. I guess I can always leave it at work when I retire at the end of this year.

Somac is a freak of nature.  Noted.  

[Hueristic]

Nice cup of tea this morning!

Got to get myself one of those, but I don't drink coffee or tea. I guess I can always leave it at work when I retire at the end of this year.

[LFC_Bitcoin]

Have the weak hands been shaken out yet?

Let’s get this show back on the road!

[Sayeds56]

Poor again

The perks of never have been rich: you cannot get poor again!

Well said. If you are holding BTC , it will never make you poor but richer. For sure. As long as BTC stays above 200 DMA, no worries.

[Chrystora123]