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

[El duderino_]

https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html

Interesting article

[Arriemoller]

Out of merit.

Would like to give Toxic some, purely for hinting at a potential bottom forming. I sure hope so

Don't worry, it's just your Monday down after your weekend high, you'll feel better tomorrow.

[Hhampuz]

https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html

Interesting article

Elon hate shorts and think they should be illegal, he will not be happy with this 

[LFC_Bitcoin]

https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html

Interesting article

[Phil_S]

4 year shift

16x price shift





No big deal...

[marcus_of_augustus]

https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html

Interesting article

Elon hate shorts and think they should be illegal, he will not be happy with this 

... assburgers pretender meet the assburger king

[thewaterloggers]

Official BTFD call-out to a decentralized public network  

Despite suspending support to the public network, here is what I see, for WO observers eyes only:



- 130 days of consolidation, very healthy and not a sign or lower levels to come
- Decreasing volume sell-off shows bearish weakness
- 200 day ma at 40.000 as support
- TD 9 sequential bear warning

This is no time to be greedy and waiting. Tomorrow will be the day of the reversal I believe.

Buy fear sell greed.

[marcus_of_augustus]

https://btcbywc3.substack.com/p/weekend-recap-517?token=eyJ1c2VyX2lkIjo4ODgzODQsInBvc3RfaWQiOjM2NTA4MTI3LCJfIjoiYXM5b24iLCJpYXQiOjE2MjEyODAxMTUsImV4cCI6MTYyMTI4MzcxNSwiaXNzIjoicHViLTM1NDk0MSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.6i3WpNcQr-DqTPOYYJf8sHCIcC3R8Z70ZErUzsoCpwo

high grade TA hopium ...

1) Are the broader on-chain (bull market structure) metrics over-heated? No.

2) Ok, then let’s zoom in from our macro top indicators (MVRV-Z Score, Market cap-Thermocap, R-HODL Waves, Reserve Risk, etc.) to our micro bottom indicators. (SOPR on different time frames, funding rates, RSI reset/bullish divergences, etc.) Are they saying oversold? Yes.

3) All of our micro bottom indicators are screaming oversold, so BTFD!

[Elwar]

Bitcoin always goes parabolic before the bear run. We have not seen that. Wake me up when we're over $200k.

[proudhon]

Bitcoin always goes parabolic before the bear run. We have not seen that. Wake me up when we're over $200k.

This time is different.

[bct_ail]

Despite suspending support to the public network, here is what I see, for WO observers eyes only:



- 130 days of consolidation, very healthy and not a sign or lower levels to come
- Decreasing volume sell-off shows bearish weakness
- 200 day ma at 40.000 as support
- TD 9 sequential bear warning

This is no time to be greedy and waiting. Tomorrow will be the day of the reversal I believe.

Buy fear sell greed.

Tell me more about "TD 9 sequential bear warning"

[JohnnyUranus]

Bitcoin always goes parabolic before the bear run. We have not seen that. Wake me up when we're over $200k.

This time is different.

LOL

 

[El duderino_]

Bitcoin always goes parabolic before the bear run. We have not seen that. Wake me up when we're over $200k.

This time is different.

Suggesting 300-400k ?

[Richy_T]

Edit:
After watching the video all I can think is...those former military people signed an NDA that restricts them from talking about anything they did while working for the military for the rest of their lives (at least that guy in military intelligence). Just because something became declassified does not make it something they can now talk about.
So if they are talking about it and not getting a knock on the door, then they're obviously sanctioned to talk about it.

Clearly looks like bullshit for me. We're not seeing anything different than what the UFO guys have had for decades. Definitely a stunt.

[proudhon]

Bitcoin always goes parabolic before the bear run. We have not seen that. Wake me up when we're over $200k.

This time is different.

Suggesting 300-400k ?

No, suggesting that this long-term (indefinite) bear market didn't need a parabolic rise to usher it in. Elon Musk went ahead and preempted that, so it's not coming. The blow-off top was to ~$64k, and now we're in the long term bear market that will last forever if my calculations are correct.

[Richy_T]

The bot should be able to post once every few hours.. maybe every 4 hours or something, ... forever it would seem.

It really doesn't work well over multiple hours. Believe me, I tried. The data gets too dense and most of it is stale. On the other hand, I do get it for those that find hourly annoying. It all seemed to work out in the past though. Maybe I'll make him invokable or something.

[d_eddie]

-snip-
now we're in the long term bear market that will last forever if my calculations are correct.

IF? 

This is so below you. Doubting. Tut, tut.

[Sayeds56]

https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html

Interesting article

[ivomm]

In the past many arrogant people used Bitcoin to get rich and then turned against it with their own shitcoin. But all they could do is to influence the weak-minded and cause temporary dumps. Bitcoin survived all of this and like God punished severely those narcisist semi-humans with severe losses and bankruptcy. Now it is not different. The richest man in the world quickly turned against Bitcoin thinking he is so great, he can manipulate it forever. Guess what - Bitcoin is greater than this clown trying to promote a shitcoin that is not related to him and even the lame developer thinks he is not normal. Believe me, I have suffered a lot from an 'aspburger' fake  friend for many years. Those people are narcisit, self-absorbed, egotistical with no empathy, simpathy, self-humor and many other senses the normal people have. They look like humans, talk like humans, but are not humans. Such people think they are saviours of the world and at the same time if someone dies in front of their eyes, they will laugh and continue what they are doing with no feeling of pain or sympathy. Study Greta Thunberg's behaviour if you don't know such people. And finally, the worst thing is that they are the very definition of hypocrites. Doing always the opposite of what they are saying. So, the sooner this hypocrite billionaire gets out of his position in Bitcoin, the better. Honey badger doen't give a f..k and 100K+ will fall soon!

[BitcoinBunny]

Bitcoin always goes parabolic before the bear run. We have not seen that. Wake me up when we're over $200k.

This time is different.

Of course it is, just those 999,999 other times you were wrong it wasn't.