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

[ChartBuddy]

Explanation

[HI-TEC99]

[ChartBuddy]

Explanation

[SaimExch]

[empowering]

Monthly chart .......


How do people feel about it ?

Monthly close incoming......

[ChartBuddy]

Explanation

[OutOfMemory]

Oh, is it CME's "Friday For Futures" again?  

[BobLawblaw]

Oh, is it CME's "Friday For Futures" again?  

Yeah, looking for a recovery mid next week and hopefully we're back above $40k.

Patience.

[JayJuanGee]

Sad , but true 



https://twitter.com/timemond/status/1519730679352860684?s=21&t=ug0walC21RKVs_nSIcWH4A

Being into crypto sounds criminal to me, too... even though in fact it is a meaningless statement (almost the same as remaining silent, if it were not confusing).


Let's add one more line.

Cop:  "You have the right to remain silent."

Arrestee:  "impossible.  I'm into crypto."

Cop:  Shrugs shoulders, and says under his breath.   "It's like the guy did not even say anything because I have no fucking clue what is 'crypto.' Probably going to need to investigate further because whatever the fuck is 'crypto,' it does not sound like something a good citizen would be into." 

Blueking, give it up. No one cares.

Bob, I am fourth gen farmer, I have some pix of Bambi eating apple from my hand.

My wife has a picture of her and her sister sitting next to Rudolph's severed head.

You're so morbid, sometimes.


Yet, I suppose the truth of the matter, regarding "how the sausage is made" sometimes does need to be pointed out, especially when some of the anthropomorphizing can sometimes lead normies (am I referring to city-slickers?) astray regarding various aspects of nature.. including Hollywood being less than helpful when showing so many of the fantasy chic flicks in which guys get all their asses kicked by some supposed beautiful but tough imaginary being that does not exist in any kind of reality world.. yeah right?

[ChartBuddy]

Explanation

[Hamza2424]

hahaha That happened with me many time whenever i take spot or future trade market crashes and i always use to say dont worry hold but after 2 3 days Hold term ends and i make a good loss..
Well it goes on Ups and Downs.

[Torque]

Sell in May and go away.

Meh.

[Krubster]

Posting a 4 year old meme. -1 WOsMerit

Newsflash, we're at ~40k/btc.

[goldkingcoiner]

Posting a 4 year old meme. -1 WOsMerit

Newsflash, we're at ~40k/btc.

[ChartBuddy]

Explanation

[HI-TEC99]

Posting a 4 year old meme. -1 WOsMerit

Newsflash, we're at ~40k/btc.

[ChartBuddy]

Explanation

[Hamza2424]

$27K 'max pain' Bitcoin price is ultimate buy-the-dip opportunity, says research
It may not happen, but a crash to $27,000 would be the chance for many investors to "go all in" on BTC.

Personally 27k looks like a dream to buy i can't see market going more in dip from 32k or 35k. Reason strong buying Order on these spots. Still its crypto we can say anything can happen.


Source: https://cointelegraph.com/news/27k-max-pain-bitcoin-price-is-ultimate-buy-the-dip-opportunity-says-research

[JayJuanGee]

$27K 'max pain' Bitcoin price is ultimate buy-the-dip opportunity, says research
It may not happen, but a crash to $27,000 would be the chance for many investors to "go all in" on BTC.

Personally 27k looks like a dream to buy i can't see market going more in dip from 32k or 35k. Reason strong buying Order on these spots. Still its crypto we can say anything can happen.


Source: https://cointelegraph.com/news/27k-max-pain-bitcoin-price-is-ultimate-buy-the-dip-opportunity-says-research

Well, that is not a bad take on matters, Hamza2424.  

You realize that currently the 100-week moving average is at about $34.5k, and the 200-week moving average is at about $21,5k, so there could be dreamers to be expecting breaking below the 100-week moving average when we had not even broken below it last May/June when the BTC price had gotten down to $28.6k.. so it seems that if the BTC price did actually get below $28.6k, then it probably would not stop at $27k, but hey like you said, who knows?

So, Hamza2424, on a personal basis, what has been your strategy?  Have you been accumulating BTC for a while or do you wait for dips in order to attempt to maximize your stash at those certain buy points that may or may not end up happening?

Surely, each of us will attempt to balance in our own ways, while at the same time, as you seem to have noticed from the Cointelegraph article, there frequently can be pie in the sky views regarding what might happen, and some of the normies who follow those kinds of pie in the sky ideas will end up screwing their lil selfies worse than if they had just chosen a more prudent/practical approach - even if they might end up buying several of their coins at higher prices than if they were to achieve some kind of stroke of luck.. that again, may or may not end up playing out so wet dream-ishly.

I will send you an smerit anyhow for pointing out a decent grain of skepticism about the Cointelegraph article, even though it does appear that you are spending a lot of your own forum efforts engaged in chasing bounties.. so a lot of guys do not like to send smerits to bounty chasers, which you seem to be engaged in such practices.

[BitcoinBunny]

Posting a 4 year old meme. -1 WOsMerit

Newsflash, we're at ~40k/btc.

As a non-American, what's the deal with having a President that's +70 years old? I mean, Biden is 79 and Trump is 75. I'm not taking sides, I'm as anti-government as it gets, but what the f*ck is up with that? Having someone that can barely pee by himself having the most powerful position in the world?

That's nothing. Have you seen Nancy Pelosi? She looks like she is 120. She is third in line and also was during the Trump years.

Over here in the UK they may be younger but they are also a hell of a lot more incompetent and that includes opposition parties. If any of that were even possible. We have a finance minister (chancellor of exchequer) who is married to a billionaire's daughter, basically doing his job as a hobby. How the fuck did we end up with that?!