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

[Newbie1022]

i am 90% sure that its going to be a denied 6h positive macD into another medium red candle, on the way to 450$~ we go

That's what my dollar is on also. I wouldn't say 90%, though. I am more 70-30, right now.

[Newbie1022]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

[adamstgBit]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

its not like its 2020

i say buy, buy likes there no tomorrow, as soon as the profit taking retards are done, 500 buy 690 Buy 850 BUY!!!

but thats me.

[Newbie1022]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

If it starts moving, it really starts moving. I don't know when this will be but I guarantee you people will indeed be as eager to throw caution to the wind as ever.

Under this scenario, I'd imagine we stay in the 6-handles until about January, pop up to the 7's February... 8's by March... dip down to the 6's in April when people pay taxes and are irritated by it being a pain in the a--... then a launch thereafter when they realize that wasn't the end of the world and as OpenBazaar grows... from there $1500 to $2000 quickly... whether we'd ever be able to move beyond that is questionable. An exchange will collapse when somebody gets greedy around that sort of ATH.

That would be my most bullish scenario. I just don't see it happening, though. Tech stocks will collapse this fall or next and the VCs won't have the same risk appetite as before. Maybe they jump for digital gold instead of regular gold, but during a financial crisis it isn't exactly the time to get cute. I just don't see it. I don't have nearly as much in the pot as most of you so, frankly, even though it's against my position, I hope I am wrong. I rather see you crazy kids make a quick buck... life should be that way. It'd make me smile.

[adamstgBit]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

If it starts moving, it really starts moving. I don't know when this will be but I guarantee you people will indeed be as eager to throw caution to the wind as ever.

Under this scenario, I'd imagine we stay in the 6-handles until about January, pop up to the 7's February... 8's by March... dip down to the 6's in April when people pay taxes and are irritated by it being a pain in the a--... then a launch thereafter when they realize that wasn't the end of the world and as OpenBazaar grows... from there $1500 to $2000 quickly... whether we'd ever be able to move beyond that is questionable. An exchange will collapse when somebody gets greedy around that sort of ATH.

That would be my most bullish scenario. I just don't see it happening, though. Tech stocks will collapse this fall or next and the VCs won't have the same risk appetite as before. Maybe they jump for digital gold instead of regular gold, but during a financial crisis it isn't exactly the time to get cute. I just don't see it. I don't have nearly as much in the pot as most of you so, frankly, even though it's against my position, I hope I am wrong. I rather see you crazy kids make a quick buck... life should be that way. It'd make me smile.

see i didn't get the mome, I never get the fucking memo.

i'm buying bitcoin because I dont want to care about the stupid memo.

[Junkbarman]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

its not like its 2020

i say buy, buy likes there no tomorrow, as soon as the profit taking retards are done, 500 buy 690 Buy 850 BUY!!!

but thats me.

Just a question, no troll. But what makes you think they will ever be done?

[adamstgBit]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

its not like its 2020

i say buy, buy likes there no tomorrow, as soon as the profit taking retards are done, 500 buy 690 Buy 850 BUY!!!

but thats me.

Just a question, no troll. But what makes you think they will ever be done?

good question.

i don't, i just believe.

[adamstgBit]

someone could do ALOT of damage quietly accumulating DUMPING!!!  quietly accumulating DUMPING!!!   over and over

[adamstgBit]

i need a chill pill or something.

*all mess up / pissed off*

my mother inlaw, dropped off her dog here ( what a bitch -_- ), and my wife thinks we can keep it.

so mad.

until next time.

[Newbie1022]

someone could do is doing ALOT of damage quietly accumulating DUMPING!!!  quietly accumulating DUMPING!!!   over and over

There, I fixed it!!

[cbeast]

someone could do ALOT of damage quietly accumulating DUMPING!!!  quietly accumulating DUMPING!!!   over and over

That's why we buy a little only at every bottom. The dumper's loss is our gain.

[Taras]

i need a chill pill or something.

*all mess up / pissed off*

my mother inlaw, dropped off her dog here ( what a bitch -_- ), and my wife thinks we can keep it.

so mad.

until next time.

We're here for you, adam

[counter]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

If it starts moving, it really starts moving. I don't know when this will be but I guarantee you people will indeed be as eager to throw caution to the wind as ever.

Under this scenario, I'd imagine we stay in the 6-handles until about January, pop up to the 7's February... 8's by March... dip down to the 6's in April when people pay taxes and are irritated by it being a pain in the a--... then a launch thereafter when they realize that wasn't the end of the world and as OpenBazaar grows... from there $1500 to $2000 quickly... whether we'd ever be able to move beyond that is questionable. An exchange will collapse when somebody gets greedy around that sort of ATH.

That would be my most bullish scenario. I just don't see it happening, though. Tech stocks will collapse this fall or next and the VCs won't have the same risk appetite as before. Maybe they jump for digital gold instead of regular gold, but during a financial crisis it isn't exactly the time to get cute. I just don't see it. I don't have nearly as much in the pot as most of you so, frankly, even though it's against my position, I hope I am wrong. I rather see you crazy kids make a quick buck... life should be that way. It'd make me smile.

If you ask me I still think we'll at least touch $5k before the end of the year. This is however not based on data and as good a guess as yours probably

Man 5k huh? that'd be quite the rise and I'd be wondering how long it could be sustained.  I'm sitting here now thinking of what kind of news could cause a move like that and smiling at the same time, haha.  For me seeing the price over $800 is a good place to be and anything above there is sweet!.  I'm probably aiming to low but hey if it shuts the bulls up I'm all about it haha.  

[ChartBuddy]

Explanation

[Carra23]

Its hardly moving. Maybe it will start going one way or the other on Friday. The tension is killing me 

[Brewins]

Its hardly moving. Maybe it will start going one way or the other on Friday. The tension is killing me 

Indeed.

No moon, and no hell, but the pressure to make a decision and one month later you regret it(either you buy and price goes to the abysms, or you sell and price goes to moon).

[silverfuture]

i need a chill pill or something.

*all mess up / pissed off*

my mother inlaw, dropped off her dog here ( what a bitch -_- ), and my wife thinks we can keep it.

so mad.

until next time.

We're here for you, adam

 

At over a half a pound, that'd be a tough pill to swallow without crushing it and mixing with some strawberry jam or honey. 

BUY BUY BUY!!!

[wachtwoord]

Its hardly moving. Maybe it will start going one way or the other on Friday. The tension is killing me 

No moon, and no hell, but the pressure to make a decision and one month later you regret it(either you buy and price goes to the abysms, or you sell and price goes to moon).

Could you sell some please? Thanks 

[shmadz]

a lot of people want the price down (shorts, buying cheaper, maybe COIN related...) but i think especially the new shorts from the last days expected major dumps that didn't happen only "smaller" dumps here or there but we are still in the same price area...i guess some of them get nervous soon
and there is a slow but steady move up...(longs & newbies)

somewhere between 485 and 500 bitcoin could destroy that chains and rise pretty quickly to 650...from there on a slower & steady rise to higher levels

an uptrend is inevitable...every day more people get into bitcoin

being bullish again feels so much more right

, dude, you were really starting to worry me for a bit there, but knowing you can flip-flop on a dime like that gives me a totally different perspective on your past contributions, so let me just say...

"Welcome aboard the wall observer train"

Welcome aboard, I'm glad you have your ticket ready but I regret to inform you that our predictometer is signaling for a delay.

The predictometer is saying we need to back up to the 450 marker we passed a while ago. (Just between you and me, the predictometer has been really acting up lately. Sometimes, it even flips around 180 degrees and the train just takes off before all the passengers can even get on board!)

But no worries, your seat is reserved, just sit back and enjoy the complementary champagne while you wait for the train to reverse course.

What's that? No, no, I've spoken with the train engineer, Mr. Whale Dumpster himself! He's assured me that there is absolutely no chance that the train will roll back to that cliff near the 400 marker we passed way back.

Just sit back, relax, and enjoy your front row seat on the ride of a lifetime.

 

[ChartBuddy]

Explanation