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

[ChartBuddy]

Explanation

[shahzadafzal]

Going to eat catfood if it doesn't rebound.

I know, right? Only $57k!

Let’s get back to our favorite ramen noodles.

[ivomm]

This dip is too small to be recognized as a 'crash'. At the local bottom of 55850$ it is only 18.8% below the last ATH. The bulls are still aiming at 100K and they are stealing with a huge discount from the weak hands (again  ). Happy Black Friday to all that have fiat to buy the dip! There is no question that 100K can be reached in a few weeks when the whales decide to do it. Although the path looks longer starting with 56K compared to 69K, all those hundreds of thousands bitcoins sold now, won't block the way to 100K. I wasn't optimistic about PlanB predicitons, but now with this volume and oversold RSI's, the chance of getting 100K before 2022 has increased significantly.

[naim027]

This dip is too small to be recognized as a 'crash'. At the local bottom of 55850$ it is only 18.8% below the last ATH. The bulls are still aiming at 100K and they are stealing with a huge discount from the weak hands (again  ). Happy Black Friday to all that have fiat to buy the dip! There is no question that 100K can be reached in a few weeks when the whales decide to do it. Although the path looks longer starting with 56K compared to 69K, all those hundreds of thousands bitcoins sold now, won't block the way to 100K. I wasn't optimistic about PlanB predicitons, but now with this volume and oversold RSI's, the chance of getting 100K before 2022 has increased significantly.

For bitcoin, upside momentum continues to slow on the daily price chart, suggesting continued profit-taking among buyers. And the relative strength index (RSI) on the daily chart is not yet oversold, which provides scope for further downside in BTC over the short-term.

The 100-day moving average, currently around $53,000, could attract buyers similar to late September, which preceded a price recovery.

For now, intraday charts appear deeply oversold. This means buyers could defend immediate support around $56,000, albeit briefly given strong overhead resistance on the charts.

Source: https://www.coindesk.com/markets/2021/11/18/bitcoin-tumbles-to-three-week-low-under-60k-next-support-at-53k/

[ChartBuddy]

Explanation

[psycodad]

This dip is too small to be recognized as a 'crash'. At the local bottom of 55850$ it is only 18.8% below the last ATH. The bulls are still aiming at 100K and they are stealing with a huge discount from the weak hands (again  ). Happy Black Friday to all that have fiat to buy the dip! There is no question that 100K can be reached in a few weeks when the whales decide to do it. Although the path looks longer starting with 56K compared to 69K, all those hundreds of thousands bitcoins sold now, won't block the way to 100K. I wasn't optimistic about PlanB predicitons, but now with this volume and oversold RSI's, the chance of getting 100K before 2022 has increased significantly.

For bitcoin, upside momentum continues to slow on the daily price chart, suggesting continued profit-taking among buyers. And the relative strength index (RSI) on the daily chart is not yet oversold, which provides scope for further downside in BTC over the short-term.

The 100-day moving average, currently around $53,000, could attract buyers similar to late September, which preceded a price recovery.

For now, intraday charts appear deeply oversold. This means buyers could defend immediate support around $56,000, albeit briefly given strong overhead resistance on the charts.

CD

Please be careful posting full identical sentences from i.e. Coindesk as if they were your own statements, it's called plagiarism and highly frowned upon around here:

For bitcoin, upside momentum continues to slow on the daily price chart, suggesting continued profit-taking among buyers. And the relative strength index (RSI) on the daily chart is not yet oversold, which provides scope for further downside in BTC over the short-term.

The 100-day moving average, currently around $53,000, could attract buyers similar to late September, which preceded a price recovery.

For now, intraday charts appear deeply oversold. This means buyers could defend immediate support around $56,000, albeit briefly given strong overhead resistance on the charts.

Your merit whoring gets a bit overboard lately. Except if your are the original author at Coindesk, then I apologize..

[naim027]

This dip is too small to be recognized as a 'crash'. At the local bottom of 55850$ it is only 18.8% below the last ATH. The bulls are still aiming at 100K and they are stealing with a huge discount from the weak hands (again  ). Happy Black Friday to all that have fiat to buy the dip! There is no question that 100K can be reached in a few weeks when the whales decide to do it. Although the path looks longer starting with 56K compared to 69K, all those hundreds of thousands bitcoins sold now, won't block the way to 100K. I wasn't optimistic about PlanB predicitons, but now with this volume and oversold RSI's, the chance of getting 100K before 2022 has increased significantly.

For bitcoin, upside momentum continues to slow on the daily price chart, suggesting continued profit-taking among buyers. And the relative strength index (RSI) on the daily chart is not yet oversold, which provides scope for further downside in BTC over the short-term.

The 100-day moving average, currently around $53,000, could attract buyers similar to late September, which preceded a price recovery.

For now, intraday charts appear deeply oversold. This means buyers could defend immediate support around $56,000, albeit briefly given strong overhead resistance on the charts.

CD

Please be careful posting full identical sentences from i.e. Coindesk as if they were your own statements, it's called plagiarism and highly frowned upon around here:

For bitcoin, upside momentum continues to slow on the daily price chart, suggesting continued profit-taking among buyers. And the relative strength index (RSI) on the daily chart is not yet oversold, which provides scope for further downside in BTC over the short-term.

The 100-day moving average, currently around $53,000, could attract buyers similar to late September, which preceded a price recovery.

For now, intraday charts appear deeply oversold. This means buyers could defend immediate support around $56,000, albeit briefly given strong overhead resistance on the charts.

Your merit whoring gets a bit overboard lately. Except if your are the original author at Coindesk, then I apologize.

Well, I am not original author at Coindesk. Is it forbidden to share the news here? IDK. If yes, I apologize. Don't judge me by my registered date on the forum. I am here for the last 3-4 days maybe.

Your merit whoring gets a bit overboard lately.

IDK Why do you think it. All the merits Come from your known persons. Ask them why they merited me.

[LoyceV]

I am not original author at Coindesk. Is it forbidden to share the news here?

Plagiarism will get you banned. You should edit your posts and add the source (link) to all of them.
Even if you don't get banned for plagiarism now, it can happen years later.

[d_eddie]

Bulls are anemic
Selloffs have retail volume
What does this show us?


#apocryphal_haiku

Bears painting the tape
Let's make TA great again
Ban OTC trades





#haiku

[naim027]

I am not original author at Coindesk. Is it forbidden to share the news here?

Plagiarism will get you banned. You should edit your posts and add the source (link) to all of them.
Even if you don't get banned for plagiarism now, it can happen years later.

Thank you very much. I never knew that. I shared few more posts from the news website. I mentioned the website name at the end. No one even suggested me anything.

BTW, Anything happens for good reasons.
Post edited 💝

[d_eddie]

Yeah, the situation used to be: smoke a week ago, get pulled over while driving, take a test, fail because you have teeny tiny traces of thc in your bloodstream

More likely in your piss. Cannabis metabolites in blood don't last that long.

[ChartBuddy]

Explanation

[BitcoinBunny]

Only a week into the Austrian lockdown for the unvaccinated, now a lockdown for everyone and if you don't get vaccinated by February 1st 2022 you will be punished.

After all Arbeit Macht Frei right?

People / sheep seem to be just like frogs.

No one is realising they are slowly being boiled alive.

Just go along with anything, it's good for you. Oh you already have natural immunity against the virus? Nah, that doesn't count, you will submit to the boner pill manufacturer god!

Don't trust BTC, here, take some more of this dogshit pick up paper with a number on it whilst we print some more dogshit pick up paper and make you poorer in the process.
But don't even trust BTC!
How can you possibly get it into your head that you hesitate when trusting us, the government. When have we EVER done anything bad to you?

[julian071]

Only a week into the Austrian lockdown for the unvaccinated, now a lockdown for everyone and if you don't get vaccinated by February 1st 2022 you will be punished.

After all Arbeit Macht Frei right?

People / sheep seem to be just like frogs.

No one is realising they are slowly being boiled alive.

Just go along with anything, it's good for you. Oh you already have natural immunity against the virus? Nah, that doesn't count, you will submit to the boner pill manufacturer god!

Don't trust BTC, here, take some more of this dogshit pick up paper with a number on it whilst we print some more dogshit pick up paper and make you poorer in the process.
But don't even trust BTC!
How can you possibly get it into your head that you hesitate when trusting us, the government. When have we EVER done anything bad to you?

These things are terrible.

I hope tho that you know the history behind the German you quote, and the role that Austria specifically played in that dark time?

To me, this happening in that particular country, shows where on the political spectrum modern authoritarianism in the Western world mostly (mostly!) originates.

[naim027]

Only a week into the Austrian lockdown for the unvaccinated, now a lockdown for everyone and if you don't get vaccinated by February 1st 2022 you will be punished.

After all Arbeit Macht Frei right?

People / sheep seem to be just like frogs.

No one is realising they are slowly being boiled alive.

Just go along with anything, it's good for you. Oh you already have natural immunity against the virus? Nah, that doesn't count, you will submit to the boner pill manufacturer god!

Don't trust BTC, here, take some more of this dogshit pick up paper with a number on it whilst we print some more dogshit pick up paper and make you poorer in the process.
But don't even trust BTC!
How can you possibly get it into your head that you hesitate when trusting us, the government. When have we EVER done anything bad to you?

I am going to Trust BTC Until it hits my Buying price which is ($27K). I would like to suggest you not invest that much amount that you cannot afford to lose at least 50% for a while.

Don't Trust BTC but Trust me it won't upset you after a decade.
Don't Panic Buy More if you have enough cash.

BTW, If lockdown is for everyone, How they will vaccinate people?
Home delivery like pizza? Whatever, They must know better what they doing. But, they should give a chance to people to get vaccinated.

[BitcoinBunny]

Only a week into the Austrian lockdown for the unvaccinated, now a lockdown for everyone and if you don't get vaccinated by February 1st 2022 you will be punished.

After all Arbeit Macht Frei right?

People / sheep seem to be just like frogs.

No one is realising they are slowly being boiled alive.

Just go along with anything, it's good for you. Oh you already have natural immunity against the virus? Nah, that doesn't count, you will submit to the boner pill manufacturer god!

Don't trust BTC, here, take some more of this dogshit pick up paper with a number on it whilst we print some more dogshit pick up paper and make you poorer in the process.
But don't even trust BTC!
How can you possibly get it into your head that you hesitate when trusting us, the government. When have we EVER done anything bad to you?

These things are terrible.

I hope tho that you know the history behind the German you quote, and the role that Austria specifically played in that dark time?

To me, this happening in that particular country, shows where on the political spectrum modern authoritarianism in the Western world mostly (mostly!) originates.

For a long time I have theorised that the EU is nothing more than an effort to create authoritarianism under the cloak of that "we can never let authoritarianism happen again".
Will the EU say anything about Austrian's extreme mandates or instead not mind if this approach gets rolled out everywhere else? Are they secretly backing this or even the cause of it? I have my suspicions.

But in all this to me the United States is the interesting one.
The left screamed and jumped at the Orange Man Bad thing because he was just like Hitler.
Now they are left with a federal government that seems more like the thing they claimed they were worried about, rather than one that will let liberty prosper.

For a relative young country built on freedom I find that truly astonishing.

Make no mistake, I'm not trying to steer the conversation away from Bitcoin with my posts.
I'm trying to connect fiat money, BTC, an upside down media (disappearance of journalism), propaganda and governments which mandate quite evil rules together as I think it's all relevant.

[ChartBuddy]

Explanation

[UnDerDoG81]

Good to see more people here start to change their minds. When I posted this kind of stuff last year, I got called everything. In 50 years people will start to ask once again how all this happened. I left Germany in July 2020 and bought me an appartment in Turkey with money I made with Bitcoin. Just have to go  to Germany one more time to pick up my stuff I left. So far Turkey is pretty calm. Almost no restrictions besides Masks inside shops. And you need to be vaxxed or have a negative PCR test result for traveling by plane or bus (if you leave your city).

Btw. These digital vaccine passports were planned way before covid and should have been implemented Europe wide by 2022. And then by coincidence we got a pandemic.

https://ec.europa.eu/health/sites/default/files/vaccination/docs/2019-2022_roadmap_en.pdf

Edit: What I can imagine is, Austria is doing this now. And in maybe March they will claim they are covid free (they stop testing vaccinated). So in next fall all Europe (or all the world) will show Austria as an great example and do the same. They just preparing people now.

[Tash]

Only a week into the Austrian lockdown for the unvaccinated, now a lockdown for everyone and if you don't get vaccinated by February 1st 2022 you will be punished.

After all Arbeit Macht Frei right?

People / sheep seem to be just like frogs.

No one is realising they are slowly being boiled alive.

Just go along with anything, it's good for you. Oh you already have natural immunity against the virus? Nah, that doesn't count, you will submit to the boner pill manufacturer god!

Don't trust BTC, here, take some more of this dogshit pick up paper with a number on it whilst we print some more dogshit pick up paper and make you poorer in the process.
But don't even trust BTC!
How can you possibly get it into your head that you hesitate when trusting us, the government. When have we EVER done anything bad to you?



Does not work all times, Gibraltar and Ireland more than 90% of adults vaccinated and looked down again.

80 years ago work made you free, this days vaccines will make you free.

[julian071]

Please be careful to compare the torture and murder of millions of innocent people to our first world problems.