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

[Biodom]

200 of what?
I doubt that it is 200 weekly as that one has just gone over 20K recently.

200 EMA of Weekly is at $25,800.

OK, but the confusing part in this is that most of other TA parties/people are using another type (SMA).
Why use EMA, then?

[Toxic2040]

200 of what?
I doubt that it is 200 weekly as that one has just gone over 20K recently.

   EMA gives more weight to current data of a trading period, while SMA calculates the average price data of the entire period.
    Exponential moving average is different from simple moving average in that a given day’s EMA calculation depends on the EMA calculations for all the days prior to that day. You need far more than 10 days of data to calculate a reasonably accurate 10-day EMA.
    Another difference is that the EMA is slightly more sensitive to price changes compared to the simple moving average. High sensitivity makes it possible for traders to identify a trend faster compared to the SMA.

https://www.warriortrading.com/exponential-moving-average/


just as with anything, multiple data inputs are usually better than one    using and understanding different indicators is important in TA imo    there are quite a few flavors of moving averages...smoothed, exponential..simple....I tend to use simple averages most of the time myself when not looking at the clouds

[ImThour]

Why use EMA, then?

Yet, I don't see why we would want to start referring to the EMA in these here parts when there are a lot of folks who refer to the regular MA to make various points.. and there seems to be a lot of analysis that largely account for the MA (and do not refer to the EMA)... .. and if you are throwing out other references such as the EMA, then maybe it just comes off as gobbledy-gook since many of us have not really looked into it or tried to figure out why we would want to use it.  If you insist on using the EMA rather than the MA, then maybe you should be pointing out why it is either something that we need to pay attention or that there is some meaning and value in using it, rather than merely seeming to contribute to chaos and confusion.. ...

I have been using EMA forever and works good for me and is also a good support/resistance level for the BTC in the past.


"Since EMAs place a higher weighting on recent data than on older data, they are more reactive to the latest price changes than SMAs are, which makes the results from EMAs more timely and explains why the EMA is the preferred average among many traders." - https://www.investopedia.com/ask/answers/difference-between-simple-exponential-moving-average/

[Toxic2040]

12h


3D

[Biodom]

Why use EMA, then?

Yet, I don't see why we would want to start referring to the EMA in these here parts when there are a lot of folks who refer to the regular MA to make various points.. and there seems to be a lot of analysis that largely account for the MA (and do not refer to the EMA)... .. and if you are throwing out other references such as the EMA, then maybe it just comes off as gobbledy-gook since many of us have not really looked into it or tried to figure out why we would want to use it.  If you insist on using the EMA rather than the MA, then maybe you should be pointing out why it is either something that we need to pay attention or that there is some meaning and value in using it, rather than merely seeming to contribute to chaos and confusion.. ...

I have been using EMA forever and works good for me and is also a good support/resistance level for the BTC in the past.


I have never used MA or SMA in any of my analysis.

"Since EMAs place a higher weighting on recent data than on older data, they are more reactive to the latest price changes than SMAs are, which makes the results from EMAs more timely and explains why the EMA is the preferred average among many traders." - https://www.investopedia.com/ask/answers/difference-between-simple-exponential-moving-average/

well, but this makes the phrase 'bitcoin has never gone below 200wk average [for more than a week]" meaningless, as shown in your own chart above, hence it cannot predict the all-important bottom, which is quite important. in fact, the chart shows that you cannot predict almost anything based on 200wk EMA.

[jojo69]

The US is Culpable in Today's Ukraine Crisis

during the leaked call Pyatt said, “We could land jelly-side up on this one if we move fast.” I think it’s safe to say, after 8 years, which direction the ‘jelly-side’ landed.

[ChartBuddy]

Explanation

[ImThour]

well, but this makes the phrase 'bitcoin has never gone below 200wk average [for more than a week]" meaningless, as shown in your own chart above, hence it cannot predict the all-important bottom, which is quite important. in fact, the chart shows that you cannot predict almost anything based on 200wk EMA.

I just checked and have used MA in that theory, not EMA.


However for the post made today, I have used EMA.

[ChartBuddy]

Explanation

[savetherainforest]

The US is Culpable in Today's Ukraine Crisis

during the leaked call Pyatt said, “We could land jelly-side up on this one if we move fast.” I think it’s safe to say, after 8 years, which direction the ‘jelly-side’ landed.

No man, these articles are just bullsh!t. The fact that the west provides a honest illusion of freedom that make people have more prosperity just because they believe is a more advantageous system.

It is not freedom. Russia suppresses and always will suppress even the personal will of belief. THEY DON"T WANT YOU TO EXERCISE YOUR BEING OF BELIEF!!!

That is just f^cking cruel. No country that enforces that cruelty should be allowed to exist.


*edit():  A country that opposes belief is just nazi. Not only Russia, but Iran & China as well. They have camps for re-education of religion in those countries.

[DaRude]

Russia began active preparations for disconnection from the global Internet

this might affect Bitcoin.

Short term will be affected by FUD.
Long term, mining becomes easier. However the easier mining might drive the price down due to supply going up and demand (from Russia) dropping.
Russian coiners will be forced to hodl their bags maybe indefinitely.

I see good things long term. Short term quite the dippo.

They are not taking into account border towns that can catch wifi & 5G from the air. Also, the people that cross a border into any of other neighboring countries, no one can stop them from downloading a video and uploading it into the network anonymously or to just buy a sim card from the other country and have signal for miles off the border.     

Well, this is why you depopulate the borders, with a nice no man's land with barbed wire, guns, towers. You know, like old times.

Hm. I just realized.... maybe they took Chernobyl not for the reactor trashpile, but for Duga. Steel yard and that woodpecker sound, that's something I have not thought about for 40+ years now... Wow.

However this sounds more like a DNS trick than actually chainsawing their AS. The former just allows them to block DNS queries that aren't in their .ru domain (which won't do shit of course), the latter really removes them from the net.

BTW if you want to chainsaw these fuckers from your network their IP addresses are here.

https://lite.ip2location.com/russian-federation-ip-address-ranges

They even have downloads in iptables or cisco ACL formats. Or just route their traffic to 127.0.0.1

Don't they have connections to China/Kazakhstan, as long as blocks can get through China/Kazakhstan BTC should be fine. It only takes one synced node to share the blocks with the rest.

[ChartBuddy]

Explanation

[savetherainforest]

Don't they have connections to China/Kazakhstan, as long as blocks can get through China/Kazakhstan BTC should be fine. It only takes one synced node to share the blocks with the rest.

Dipsh!t..You forgot Mongolia, Finland, North Korea, Georgia, Letonia, Estonia, Azerbaijan, Norway and Ukraine.

[ChartBuddy]

Explanation

[OutOfMemory]

The US is Culpable in Today's Ukraine Crisis

during the leaked call Pyatt said, “We could land jelly-side up on this one if we move fast.” I think it’s safe to say, after 8 years, which direction the ‘jelly-side’ landed.

No man, these articles are just bullsh!t. The fact that the west provides a honest illusion of freedom that make people have more prosperity just because they believe is a more advantageous system.

It is not freedom. Russia suppresses and always will suppress even the personal will of belief. THEY DON"T WANT YOU TO EXERCISE YOUR BEING OF BELIEF!!!

That is just f^cking cruel. No country that enforces that cruelty should be allowed to exist.


*edit():  A country that opposes belief is just nazi. Not only Russia, but Iran & China as well. They have camps for re-education of religion in those countries.

Fuck the article. It's all in the leaked phone call. And the arrogant wording is just the cream top.
Although, i think you're right with that Nazi statement, and it's my pleasure to point out that especially Nazi-related parties and regimes are increasingly pointing their fingers at "Nazis". I mean related by words (mindset), actions or history.

The urge for control reveals the sick mind.

[PrivacyG]

I am trying to remain as neutral as possible about this war and this is getting me way too confused.  I do not know if people realize how dumb or contradictory so many of their or the mainstream arguments are, and please nobody take this as directed towards a specific user or person over here.  Just my thoughts, no negative intents.

They are blaming Russia for censoring the Western news and media, but Europe was first in this war with this kind of censorship by removing Russian TV channels, news websites et cetera.  I literally see the news that Russia Today is banned all over Europe and few hours later they call out Russia for censoring American or Western newsletters and channels.  They call one censorship, and the other one a sanction.  The argument about Putin being a pedophile exists on both sides.  The propaganda clearly exists in both Western and Russian state media, each having their own purposes to fulfill.  I have seen them mentioning how under 100 Ukrainian soldiers have died at the time while the Ukrainian forces have killed over 4,000 Russian soldiers which is just so unrealistic.

I find it mind boggling how Russian propaganda is blamed but we are cheering the Western one.  There was this picture of two kids in front of a tank posted by some popular, pro-Ukrainian figure.  The caption was specifically mentioning this was a photo from Ukraine, 2022.  Comments were filled up with messages such as: 'This is an old photo.' 'Does not matter. The message is the same'.  Video game or older clips of previous wars are shown as real Ukrainian fights.  Crazy.  If Russia does this however, it is blamed.  Funny how this works.

Things do get worse.  The massive websites of the Internet allow talking about how Putin should be beheaded but you can not even contemplate questioning America's intentions without being banned or censored for it.  How should I trust America or Europe when I am not allowed to even research what each side is saying?

Russia warns Ukraine may be staging a specific false flag event and they are told to fuck off.  Ukraine says Russia may be staging a specific false flag event and everyone blames Russia for it.  We are supporting the assassination of Putin but we are blaming him for trying to assassinate the Ukrainian President.  It is like Russians can always only do bad but Americans or Europeans can not and they are the saviors.  Do people even realize how contradictory and confusing this is to someone with a neutral set of mind?

We are in the middle of a very strong war of information and interests.  I sometimes feel like I am living in the middle of a Zombie apocalypse.  Everyone seems to blindly support whatever they see is trendy and considered 'the right way of thinking' without even thinking for real anymore.  They are feeding us exactly the way we have to think and we are gladly eating their food.  But there is no more food for thought anymore.  Some stock exchanges allow only closing Russian stock positions and selling but then if we are only allowed to sell, who are we selling to?  For the last part, I may have understood this the wrong way.  Has anyone been through this and can confirm you can close positions AND sell?

Russia is getting sanctions over sanctions, their economy is drowned.  This ultimately affects all of us, not just Russians.  It affects just the average humans, not the upper class, and we tend to forget this.  They have jets, they have money, they have influence.  They can get over it, but the average human lives paycheck to paycheck.  Now I see a xenophobia similar to the way humans perceived Asian people back in 2020.  There is a huge hate of Russians worldwide right now, and it gets worse.  The hatred is cheered and fed by almost the entire world.  But once again, the ones to suffer will be the average Russians who have nothing to do with what is currently going on in Ukraine.

There were so many wars before, and in most of them the United States always seemed to be implicated.  Yet nobody wore the affected country's flags, nobody wanted to offer refugees a home, a bed or food to eat.  How all of a sudden everyone wants to help out Ukraine is a big food for thought for me.  I have been told they were different, but how exactly?  How do we define a war that is good and one that is bad if we never cared about civilians losing lives before but now suddenly we do?

I will add the virus situation in the middle of all of this.  Two weeks ago we were fearing a virus nobody seems to care about anymore.  Protests are now allowed, gatherings of soldiers are just fine, it is like there is no virus to fear anymore.  I have even heard multiple times that the pandemic has been over since the middle of March.  Wait, what?!  What is going on really?  How is it over when only two weeks ago everyone seemed to still fear a Covid infection?  When did we get over a pandemic?!

This all already has such a strong impact over all of us and our lives, but we are too preoccupied with what the media is feeding our brains.  I definitely do not support and or want a war but this will ultimately turn into a giant global crisis, maybe one we have never seen in history before.

Are we so brainwashed we support local censorship but condemn Russians for doing the same?  Are we so brainwashed we call Putin's acts inhumane but we support hatred against average Russians who have nothing to do with this?  I have no idea.  One thing is sure, we are being lied one way or another.  Orwell was right.  We are currently living in his world without a doubt.  If someone has a contradictory argument, please come up and write it down.  I am really too confused by what is going on to understand what is good and bad anymore.

-
Regards,
PrivacyG

[ChartBuddy]

Explanation

[LastWeek]

Bitcoin is now the only global payment system that won’t discriminate against anyone, regardless of their race, nationality, religion, politics, or actions.

This is going to become incredibly important in the coming decades.”

Apompliano

[OutOfMemory]

snip

To have a chance to fully understand all this, you have to go way back, to the times around WW1.
You will probably see why it's best to not take any sides.
Narratives are stronger than facts (did i say that before?)
We may evolve beyond this, i'd suggest after some thousand years, at best.
Our brains are too small to withstand narratives, which make us stop thinking, or think less.
The good news: We have evolved so far that we are able to identify problems. Now we have to take the bigger step to be able to solve them, without causing more problems.
Maybe the 90% of our brain potential most of us don't use (according to Albert Einstein) would come in handy...

Bitcoin is now the only global payment system that won’t discriminate against anyone, regardless of their race, nationality, religion, politics, or actions.

This is going to become incredibly important in the coming decades.”

Apompliano

"Guns don't kill people. People kill people."

Somebody whose name i forgot

[savetherainforest]

snip

To have a chance to fully understand all this, you have to go way back, to the times around WW1.
You will probably see why it's best to not take any sides.
Narratives are stronger than facts (did i say that before?)
We may evolve beyond this, i'd suggest after some thousand years, at best.
Our brains are too small to withstand narratives, which make us stop thinking, or think less.
The good news: We have evolved so far that we are able to identify problems. Now we have to take the bigger step to be able to solve them, without causing more problems.
Maybe the 90% of our brain potential most of us don't use (according to Albert Einstein) would come in handy...

Bitcoin is now the only global payment system that won’t discriminate against anyone, regardless of their race, nationality, religion, politics, or actions.

This is going to become incredibly important in the coming decades.”

Apompliano

"Guns don't kill people. People kill people."

Somebody whose name i forgot

I think Ukrainians should attack and fight back harder. Exterminate without hesitation. No more cease fires and just kill the vermin.      


*edit(): The thing is that if Rusia has a problem with the Ukrainian mafia, they should take other measures. They should try and have an "Italian Way" of approaching things when dealing with the mafia.