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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26486074 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Raja_MBZ
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May 23, 2021, 02:34:32 AM

Good to see BTC dominance gaining some strength once again. Seems like the end of the altseason; dog and most of DeFi tokens are gonna go -99%.
JayJuanGee
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May 23, 2021, 02:35:52 AM


Quote
Crypto wasn't created to make you rich — it was created to make you free.

Though as first believers, understanders, pioneers, news bringers, buyers, rebels against current monetary system  etc etc
We deserve the freedom as an increase in our current wealth ... So its becoming a get rich or get richer thing as well...

Yeah but bitcoin is for everyone.. get richers or not..   lovers or haters..

Also, pertaining to understanders, there are all kinds of levels of understanding and even lack thereof... so maybe the kinds of understandings about bitcoin is like the number of assholes, everyone has got one.

Surely, I am not suggesting to live and let live because surely those who naysay and bash bitcoin deserve to be naysayed and bashed right back, and even if stupid-ass Craig wright were to come back to bitcoin admitting with his tail between his legs that he is not satoshi and embracing the actual bitcoin and vouching never to make shit up again, we don't necessarily need to welcome him, even though we cannot stop him from using bitcoin in whatever way he can get away with without getting locked up.. hahahahaha that fuck.

So I guess half of the crypto world is waiting for the weekly moving average close tomorrow and if we close under there will be a huge sell off. Let's just hope that's a trap and after the sell off things get up pretty quickly. Weak hands out. If not, yeah than 4 years hodl.

I am not sure if I understand what you are saying.  This week's candle is pretty strongly going to be closing in the red, unless the BTC price could get above $46,446 within the next 21.5 hours (time of the candle's closing).

For those peeps who are suggesting that we could be at the beginning of a bear market, they seem to be being quite premature and/or largely trying shake some peeps from their coins.  In other words, it seems to be quite a long shot to be actually entering into a bear market under these current market conditions, and I would expect that we are going to be revisiting ATHs once again within the next 1 to 6 months.. and surely seems more likely that in the whole scheme of things revisiting ATHs would be sooner within that range rather than later, but we are not really going to know until we start to see it, and surely I am not going to be resting assured about the bottom for this local correction being "in" until we get back above $50k-ish.. even if $46,446 would also be a good place to get back above too.. but not really sure if it is round enough for my ballpark likenings.

Good to see BTC dominance gaining some strength once again. Seems like the end of the altseason; dog and most of DeFi tokens are gonna go -99%.

Surely the BTC dominance is mostly a meaningless metric.

Who knows whether shitcoin season is over or not.  That largely does not matter to king daddy either, except sometimes there seems to be some needs to purge some of that froth.. especially how stupidly extreme it can get.. anyhow some of the even more extreme purging of that shit and froth could provide some bitcoin fuel, too.. not that king daddy actually needs it, but it just ends up playing out as one of the somewhat unpleasant factors of the real world that probably should not be completely ignored.
suchmoon
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May 23, 2021, 02:45:46 AM
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Good to see BTC dominance gaining some strength once again. Seems like the end of the altseason; dog and most of DeFi tokens are gonna go -99%.

Who cares... that dominance shit is fake AF.

I mean - issue a quadrillion of stupid tokens and now BTC "market share" gets diluted by $100 million? Doesn't make any sense.

Loading...
ChartBuddy
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May 23, 2021, 03:01:33 AM


Explanation
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May 23, 2021, 03:27:49 AM

virasog
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May 23, 2021, 03:48:20 AM

Good to see BTC dominance gaining some strength once again. Seems like the end of the altseason; dog and most of DeFi tokens are gonna go -99%.

Dog will be taken care by elon musk and he wont let it down because he has the food for him (the tweets)  Smiley

BTC dominance goes up in both scenarios. If bitcoin price increases, the bitcoin dominance increases but if the bitcoin is dumping fast, then also the bitcoin dominance increases.
Raja_MBZ
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May 23, 2021, 03:59:25 AM

Good to see BTC dominance gaining some strength once again. Seems like the end of the altseason; dog and most of DeFi tokens are gonna go -99%.

Who cares... that dominance shit is fake AF.

I mean - issue a quadrillion of stupid tokens and now BTC "market share" gets diluted by $100 million? Doesn't make any sense.

Loading...


I agree; however, there should be a dominance calculator that uses "total available liquidity" instead of "market capitalization". For example, swaps like Uniswap are able to show the "pooled USD" for each pair. In the case you shared (ELON), it only has 2,215 ETH pooled right now, which equals only ~$5m in available liquidity. So, it's more like ~$5m cap instead of ~$129m as reported by CMC.

Anyways, I guess we'll just have to keep an eye on the broken dominance chart for now.
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May 23, 2021, 04:01:24 AM


Explanation
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May 23, 2021, 05:01:26 AM


Explanation
nanobtc
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May 23, 2021, 05:41:20 AM

Wow, much newbs here. Some are legendary.
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yes


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May 23, 2021, 05:55:23 AM

I am throwing together a coffee powered "Saturday long post".

I am hoping these are not annoying...  I could move them to Medium or something, but I prefer our little home here...

No, not annoying, please go ahead.


We can handle JJG, so we definitely can handle your proza  Roll Eyes Cool
JayJuanGee
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May 23, 2021, 05:59:21 AM

I am throwing together a coffee powered "Saturday long post".

I am hoping these are not annoying...  I could move them to Medium or something, but I prefer our little home here...

No, not annoying, please go ahead.


We can handle JJG, so we definitely can handle your proza  Roll Eyes Cool


 Angry Angry Angry

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May 23, 2021, 06:01:33 AM


Explanation
bitebits
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May 23, 2021, 06:02:13 AM


https://twitter.com/trylolli/status/1395845403745075200
luckygenough56
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May 23, 2021, 06:33:11 AM
Last edit: May 23, 2021, 06:55:58 AM by luckygenough56

Good to see BTC dominance gaining some strength once again. Seems like the end of the altseason; dog and most of DeFi tokens are gonna go -99%.

Dog will be taken care by elon musk and he wont let it down because he has the food for him (the tweets)  Smiley

BTC dominance goes up in both scenarios. If bitcoin price increases, the bitcoin dominance increases but if the bitcoin is dumping fast, then also the bitcoin dominance increases.


he couldn't save it from cracking the long lived white line tho. Lacks another hard bottom and a shoulder tho  Wink

I wonder, does this mean eth/bitcoin will have another bottom retest before making a last stand. Yes, i predict eth/bitcoin via a shitcoin chart and i'm not ashamed  Cheesy

im talking bear market scenario in which btc should bounce to 50k or close before capitulating  (the last stand if history repeats) but it can very well resume its bullish course too. 3X the last ATH is not huge of a bubble in bitcoin terms.


i would love me a quiet sideways summer tho it's been a long ride, everyone needs a break, then hopefully green fireworks in end of year.



that's deep. Subliminal message from God himself via his humble human vessel
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May 23, 2021, 07:01:25 AM


Explanation
Wekkel
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yes


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May 23, 2021, 07:31:23 AM

Haha, Krugman yet again as our bottom indicator: https://www.epsilontheory.com/et-zeitgeist-with-enemies-like-this/
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May 23, 2021, 08:01:24 AM


Explanation
luckygenough56
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May 23, 2021, 08:10:46 AM

Haha, Krugman yet again as our bottom indicator: https://www.epsilontheory.com/et-zeitgeist-with-enemies-like-this/

they really try to steal yo bitcorns no doubt  Smiley
El duderino_
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May 23, 2021, 08:22:08 AM

Haha, Krugman yet again as our bottom indicator: https://www.epsilontheory.com/et-zeitgeist-with-enemies-like-this/

they really try to steal yo bitcorns no doubt  Smiley

There are stealable and unstealable bitcoins

I know which are mine
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