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

[shmadz]

Come on bears! Weak!!!

why is it all bulls are always in total denial in a sell off.  There are huge Bear flags forming, the lower trendline from March 4th indicates the price will go sub $380.  

I see a cup and handle pattern forming

but maybe that's just the bull in me

I don't put much stake in lines drawn between highs and lows.

I would prefer a channel.

but I just don't think it's fair (or accurate) to draw lines touching on highs and lows...

I raise you a bear flag!

cool, but please explain why it's a "bear flag"

it looks like more consolidation to me, but I understand that my viewpoint is biased, and I appreciate contrary viewpoints.

just type bear flag into google

I got this from google > http://www.bearflagwine.com/

looks pretty cool, I think maybe I am a bear after all...

[jonoiv]

Now is really the time to discuss 15m formations, lolololol
Cup&handle on the 1m spotted
reversed head&shoulder on the 3m
......

Chaos will enfold soon!

where do you think the bottom is ?

[shmadz]

Now is really the time to discuss 15m formations, lolololol
Cup&handle on the 1m spotted
reversed head&shoulder on the 3m
......

Chaos will enfold soon!

hiya fonzarelli, the chaos has not yet begun.

if anyone thinks this will be a simple and easy transition, they are sadly mistaken..

(that's only, like, my opinion, man)

[jonoiv]

Come on bears! Weak!!!

why is it all bulls are always in total denial in a sell off.  There are huge Bear flags forming, the lower trendline from March 4th indicates the price will go sub $380.  

I see a cup and handle pattern forming

but maybe that's just the bull in me

I don't put much stake in lines drawn between highs and lows.

I would prefer a channel.

but I just don't think it's fair (or accurate) to draw lines touching on highs and lows...

I raise you a bear flag!

cool, but please explain why it's a "bear flag"

it looks like more consolidation to me, but I understand that my viewpoint is biased, and I appreciate contrary viewpoints.

just type bear flag into google

I got this from google > http://www.bearflagwine.com/

looks pretty cool, I think maybe I am a bear after all...

yep it's very cool,  it made me dump on site.  anyway $380 is the best the bulls can hope for imho

[fonzie]

Now is really the time to discuss 15m formations, lolololol
Cup&handle on the 1m spotted
reversed head&shoulder on the 3m
......

Chaos will enfold soon!

where do you think the bottom is ?

~350 in the next 18 hours

Long term bottom in the next months around 100$
 

[chessnut]

~350 in the next 18 hours
 

...but..... but I thought you were bearish??

wow fonzie. this is a real development.

[shmadz]

we like to talk about ideas like "freedom" and we (those of us in north america) like to think that we have freedom, but we do not.

we are subservient to our government, instead of the other way around, as it should be.

I get the feeling that the times, they are a changin'

[jonoiv]

Now is really the time to discuss 15m formations, lolololol
Cup&handle on the 1m spotted
reversed head&shoulder on the 3m
......

Chaos will enfold soon!

where do you think the bottom is ?

~350 in the next 18 hours

Long term bottom in the next months around 100$
 

Not sure id want to pay $350..   I'll wait for a better offer

[billyjoeallen]

8K Wall at $400 is only at 5K now!  It's getting weaker, not stronger.  Fuck me. This is bad.

[fonzie]

Now is really the time to discuss 15m formations, lolololol
Cup&handle on the 1m spotted
reversed head&shoulder on the 3m
......

Chaos will enfold soon!

where do you think the bottom is ?

~350 in the next 18 hours

Long term bottom in the next months around 100$
 

Not sure id want to pay $350..   I'll wait for a better offer

I would never ever buy in at this point, but we might stay there for a few hours/days due to consolidation.

[JayJuanGee]

I think I was born with excessive empathy. I feel horrible for you guys and I'm full fiat. You're buying into a meat grinder. Hidden miracle whale is your only hope. I could throw everything I have at that and it wouldn't make a hiccup. The ask walls are dropping. 1100 coins to $445.

make that 1200 coins.   

Good.. your mood has improved.   

[fonzie]

If we should go straight to 260$ one should probably catch a few coins or close his shorts as we most likely would see a huge bull-trap after that point.

[SilverandBitcoins]

I haven't been on the forum for a number of days and haven't really been following BTC closely.  What's going on?  Why is the price falling?

[fonzie]

Now is really the time to discuss 15m formations, lolololol
Cup&handle on the 1m spotted
reversed head&shoulder on the 3m
......

Chaos will enfold soon!

where do you think the bottom is ?

~350 in the next 18 hours

Long term bottom in the next months around 100$
 

Not sure id want to pay $350..   I'll wait for a better offer

I would never ever buy in at this point, but we might stay there for a few hours/days due to consolidation.

Why not, I took a bite at 425.2

Chances for a bull trap (or trend reversal) are minimal right now.

[shmadz]

Now is really the time to discuss 15m formations, lolololol
Cup&handle on the 1m spotted
reversed head&shoulder on the 3m
......

Chaos will enfold soon!

where do you think the bottom is ?

~350 in the next 18 hours

Long term bottom in the next months around 100$
 

Not sure id want to pay $350..   I'll wait for a better offer

I would never ever buy in at this point, but we might stay there for a few hours/days due to consolidation.

Why not, I took a bite at 425.2

Chances for a bull trap (or trend reversal) are minimal right now.

trend reversal will happen at some point, or it will not.

it's like betting on a 1000 to 1 outcome.

this will either work or it will not. this moment in time is when you will choose your side.,

[aminorex]

I haven't been on the forum for a number of days and haven't really been following BTC closely.  What's going on?  Why is the price falling?

China banned it again.  Twice.  Also, there's no  future in the whole crypto thing; it turns out to be a ponzi scheme after all.  I'm  just buying a few to help out, for auld lang syne.

[JayJuanGee]

Now is really the time to discuss 15m formations, lolololol
Cup&handle on the 1m spotted
reversed head&shoulder on the 3m
......

Chaos will enfold soon!

where do you think the bottom is ?

~350 in the next 18 hours

Long term bottom in the next months around 100$
 

Not sure id want to pay $350..   I'll wait for a better offer

I would never ever buy in at this point, but we might stay there for a few hours/days due to consolidation.

Why not, I took a bite at 425.2

I've been buying a little here and there, too.  I buy on the way down and sell on the way up...   

I buy on the way down b/c I do NOT know how far the price is going to go down.... We have NOT even broken $420, yet.... so I am glad that I did NOT sell at what may be the bottom... but maybe we will get $410 over the weekend, before starting to move back up....

[octaft]

I've been buying a little here and there, too.  I buy on the way down and sell on the way up...  

I buy on the way down b/c I do NOT know how far the price is going to go down.... We have NOT even broken $420, yet.... so I am glad that I did NOT sell at what may be the bottom... but maybe we will get $410 over the weekend, before starting to move back up....

Isn't buying at $1000+ like, the opposite of buying on the way down?

[podyx]

I haven't been on the forum for a number of days and haven't really been following BTC closely.  What's going on?  Why is the price falling?

China banned it again.  Twice.  Also, there's no  future in the whole crypto thing; it turns out to be a ponzi scheme after all.  I'm  just buying a few to help out, for auld lang syne.

What? Are you serious?

[TeeBone]

Bear Heaven incoming...