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

[Dabs]

Therefore, we need patience, as always. The FOMO bull run hasn't even started yet, the last 65K ATH was just a warm-up.

We need patience, now!

Oh, so if 65k is warm-up, what's the ... not-warm-up, maybe 10x of that? 650k. Awesome!

[1714245960]

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[1714245960]

1714245960

[1714245960]

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[Paashaas]

https://twitter.com/DocumentingBTC/status/1405592499394125832

[shahzadafzal]

This is next level of scamming.

Be more vigilant guys…!!!

So apparently scammers are mailing fake hardware wallets and pretending to be from Ledger with a letter signed by CEO.

Details here https://twitter.com/bitcoinmagazine/status/1405572965480153095?s=21

[Gyrsur]

if it turns at the second HL everything will be fine thanks to Wyckoff.

L-H-HL-HH-HL

Whats that last target point?

you mean the price of it?

EDIT: it's (one of serveral) LPS points.

[cAPSLOCK]

Imagine if you sold in March 2020

I bought.  So someone sold, yes.

[rdbase]

Latest video (if anybody cares to watch it) release an hour ago from the second in a series I have been following about bitcoin in these recent events of elon(g) gate.

https://bitcointalk.org/index.php?topic=5325680.msg57254644#msg57254644

[Hueristic]

you mean the price of it?

For some reason I got a low res shot and couldn't read it when zoomed but now on refresh it has cleared up.

Looks like $37,100?

[ChartBuddy]

Explanation

[Gyrsur]

you mean the price of it?

For some reason I got a low res shot and couldn't read it when zoomed but now on refresh it has cleared up.

Looks like $37,100?

if you are an investor it doesn't matter. if you are a (day) trader it does matter but that is the problem of that type of forecast you can find on Tradingview and everywhere.

reliable you cannot predict the future if the price will hold at this line or at the other line. there are just probabilities.

first I drew an easy Trendline and it appeared that line was to low. therefore I drew Fibonacci Fan lines because it appeared that this lines will fit better.

https://bitcointalk.org/index.php?topic=178336.msg57251705#msg57251705

now I'm thinking my first easy Trendline was the better choice and I was just to impatient. but who knows?



maybe we will halt on the last Fibonacci Fan line or below. Orderbook (Limit orders) and Time&Sales book (Market orders) will tell.



important is that this Higher Low will be not appear below the last Higher Low because than the formation is not valid anymore.

https://bitcointalk.org/index.php?topic=178336.msg57254651#msg57254651

[proudhon]

The crashening continues!

[Gyrsur]

https://i.imgur.com/oPyQKRz.jpg

The crashening continues!

shut the f*ck up! if we need you to make a statement on the current situation you're always not available. 

[ChartBuddy]

Explanation

[El duderino_]

*El Duderino_ update

Belgium won

Price sucks Donkey c*ck

Good evening

Cheers

[JayJuanGee]

Therefore, we need patience, as always. The FOMO bull run hasn't even started yet, the last 65K ATH was just a warm-up.

We need patience, now!

Oh, so if 65k is warm-up, what's the ... not-warm-up, maybe 10x of that? 650k. Awesome!

Perhaps measuring around 10x from the $30,066 correction would be more accurate than measuring 10x from the current $64,895 local top... #justthinkingoutloud.   

We know that bitcoin does have tendencies to overshoot, too.. so maybe $300k would not be a sufficient enough of an overshoot... perhaps?  perhaps?

[ChartBuddy]

Explanation

[UnDerDoG81]

Can we just appreciate for a moment that we are trading at $37k!! Thats insane if you think about! And people call this bearish. I could not imagine this price in the beginning of 2020 and after the covid dump. This is awesome!

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Hueristic]

you mean the price of it?

For some reason I got a low res shot and couldn't read it when zoomed but now on refresh it has cleared up.

Looks like $37,100?

if you are an investor it doesn't matter. if you are a (day) trader it does matter but that is the problem of that type of forecast you can find on Tradingview and everywhere.

reliable you cannot predict the future if the price will hold at this line or at the other line. there are just probabilities.

first I drew an easy Trendline and it appeared that line was to low. therefore I drew Fibonacci Fan lines because it appeared that this lines will fit better.

https://bitcointalk.org/index.php?topic=178336.msg57251705#msg57251705

now I'm thinking my first easy Trendline was the better choice and I was just to impatient. but who knows?



maybe we will halt on the last Fibonacci Fan line or below. Orderbook (Limit orders) and Time&Sales book (Market orders) will tell.



important is that this Higher Low will be not appear below the last Higher Low because than the formation is not valid anymore.

https://bitcointalk.org/index.php?topic=178336.msg57254651#msg57254651

[ChartBuddy]

Explanation