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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26373638 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.)
JohnnyUranus
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June 05, 2021, 09:59:06 AM

I see red, again Sad
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ChartBuddy
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June 05, 2021, 10:01:26 AM


Explanation
somac.
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June 05, 2021, 10:08:58 AM

I see red, again Sad


early weekend dump.

or more FUD that we haven't seen yet
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June 05, 2021, 10:18:25 AM

man, someone dumped that shit.  Roll Eyes

Elon, don't play with the wrong keys on your computer. better you should stay/sleep in your Factory again even on weekends. Burry is after you. Grin

Gatorelf
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June 05, 2021, 10:22:47 AM

Ive been catching the alt rebounds on those BTC dumps in the AM ... then I check again in the evenings
Sayeds56
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June 05, 2021, 10:32:34 AM

Ive been catching the alt rebounds on those BTC dumps in the AM ... then I check again in the evenings


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June 05, 2021, 10:52:16 AM

there was a post of someone that in China some shitcoin trading is blocked now. the post was deleted immediately. maybe it is the fundamental behind that dump?

EDIT: but blame it on Elon is fun too.  Grin
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June 05, 2021, 11:01:27 AM


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June 05, 2021, 11:26:57 AM

someone is in trouble. who of you degenerated SAT stackers in the UK?  Grin

https://www.west-midlands.police.uk/news/bitcoin-mine-uncovered-during-industrial-unit-raid
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June 05, 2021, 12:01:36 PM


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Gyrsur
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June 05, 2021, 12:08:24 PM

I'm thinking about to follow the smart money regarding the $TSLA stock.

maybe some buy PUT options with a hedge strategy.

if you look at the chart it looks like Bitcoin after the 2017 peak. $TSLA winter is coming. Shocked

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June 05, 2021, 12:15:20 PM

Hmm, looks like it might be a larger dump happening this weekend. Triangle pattern is holding for now but doesn't look good. I wonder if this will be that spring part people are talking about of the wyckoff accumulation. Seems all to obvious for me.

I'm thinking about to follow the smart money regarding the $TSLA stock.

maybe some buy PUT options with a hedge strategy.

if you look at the chart it looks like Bitcoin after the 2017 peak. $TSLA winter is coming. Shocked



I'm thinking TSLA is done for now. Not that it will completely die or anything, but its business will slowly get eroded away. They will have their battery production to rely on so will plod along, but the days of TSLA conquering the world are over.
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June 05, 2021, 12:32:48 PM

Hmm, looks like it might be a larger dump happening this weekend. Triangle pattern is holding for now but doesn't look good. I wonder if this will be that spring part people are talking about of the wyckoff accumulation. Seems all to obvious for me.

some fighting at the lower line. HOPIUM is still there. Wyckoff is definitely a topic to look at and to discover. I'm not fully understand it so far. the questions are: what are the mechanics behind and is it still applicable on market or at least some markets today.

somac.
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June 05, 2021, 12:49:20 PM

Hmm, looks like it might be a larger dump happening this weekend. Triangle pattern is holding for now but doesn't look good. I wonder if this will be that spring part people are talking about of the wyckoff accumulation. Seems all to obvious for me.

some fighting at the lower line. HOPIUM is still there. Wyckoff is definitely a topic to look at and to discover. I'm not fully understand it so far. the questions are: what are the mechanics behind and is it still applicable on market or at least some markets today.


I haven't even tried to understand it, only looked at the charts every man and his dog seems to be posting. I should look into it mind you, but like most patterns I'm sure sometimes it would work and others not.

Best predicitor for Bitcoin so far has been its fundamentals, but that is only good for the long-term.
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June 05, 2021, 12:52:43 PM

I'm thinking TSLA is done for now. Not that it will completely die or anything, but its business will slowly get eroded away. They will have their battery production to rely on so will plod along, but the days of TSLA conquering the world are over.

Who else needs TESLA or Lambo, Nevera is here Wink


https://www.rimac-automobili.com/nevera/
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June 05, 2021, 01:01:27 PM


Explanation
somac.
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June 05, 2021, 01:24:02 PM

I'm thinking TSLA is done for now. Not that it will completely die or anything, but its business will slowly get eroded away. They will have their battery production to rely on so will plod along, but the days of TSLA conquering the world are over.

Who else needs TESLA or Lambo, Nevera is here Wink


https://www.rimac-automobili.com/nevera/

Looks good and all, but I'll stick to having a car that is worth no more then 10k at time of purchase.

I would rather give the money to my descendants.
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June 05, 2021, 02:01:26 PM


Explanation
gallianooo
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June 05, 2021, 02:27:20 PM

Hmm WEAK, WEAK, WEAK...

Unfortunately BTC is still not able to crush up anything..

We need to be ready for more down obviously.. (30? 25? less?).

Even if I find it doesn't make sense to go lower (and more down?) after a 50% drop vertically without any real bounce, into a bull market. Just a consolidation in the low DIP range.. Roll Eyes

Nothing to compare with 2013 or 2017.

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June 05, 2021, 02:43:00 PM

Hmm WEAK, WEAK, WEAK...

Unfortunately BTC is still not able to crush up anything..

We need to be ready for more down obviously.. (30? 25? less?).

Even if I find it doesn't make sense to go lower (and more down?) after a 50% drop vertically without any real bounce, into a bull market. Just a consolidation in the low DIP range.. Roll Eyes

Nothing to compare with 2013 or 2017.

low volume at the moment (except on dumps). balance between the few buyers and sellers. buyers hold their FIAT back and are waiting for lower prices to get into. sellers hold their BTC back and are waiting for higher prices to sell some. everyone is waiting for something to happen. maybe the next 3 months until September?
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