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

[spooderman]

30k wall? No problem!

1k wall at $360?

[1714930644]

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[1714930644]

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[JayJuanGee]

24 critical hours ahead of us

Even though "critical" has been a bit of a exaggeration in this thread, I was thinking that this upcoming weekend could be critical... and maybe there could be a related poll question?

The BTC price at the close of business on next Monday will be?    

(I know that a problem with "close of business" is that bitcoin never closes; however, Adam may like a term like this b/c he seems to love ambiguous polls   )


Less than $310?

Between $310 and $330?

Between $330 and $350?

Between $350 and $375?

Between $375 and $400?

Greater than $400?

Greater than $500?


Edit:  Added below two new options to accommodate some of the bullish sentiments in this thread.

Greater than $700?

new ATH?

[WoopDeBoop]

so with the alleged DPR trial not far away, what effect will a few hundred thousand BTC being auctioned off in the next few months have?

That's gonna drag out at least 12 months

[adamstgBit]

Even though "critical" has been a bit of a exaggeration in this thread, I was thinking that this upcoming weekend could be critical... and maybe there could be a related poll question?

The BTC price at the close of business on next Monday will be?    

i'll change it tomorrow.

this weekend IS critical, totally critical.

[JayJuanGee]

Even though "critical" has been a bit of a exaggeration in this thread, I was thinking that this upcoming weekend could be critical... and maybe there could be a related poll question?

The BTC price at the close of business on next Monday will be?    

i'll change it tomorrow.

this weekend IS critical, totally critical.

+1       The feeling I am getting is that there are going to be a lot of new critical periods in front of us...

@Adam.. please note my edits in my above post.

[dnaleor]

BTC breakout short term atm... Time to share...

MY ULTIMATE BEARISH CASE:



MY ULTIMATE BULLISH CASE:



currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines


edit:
I call that we will never touch 275 USD again and probably will never dip below 300 USD
You have the right to ridicule me if this doesn't happen 

Even your ultimate bearish case is pretty bullish.... .......

well... it would mean that we need the rest of 2014 and 2015 to reach 1000 USD again.
When the ETF comes to the NASDAQ, I expect that 1000 USD will be reached much faster 

[adamstgBit]

Even though "critical" has been a bit of a exaggeration in this thread, I was thinking that this upcoming weekend could be critical... and maybe there could be a related poll question?

The BTC price at the close of business on next Monday will be?    

i'll change it tomorrow.

this weekend IS critical, totally critical.

+1       The feeling I am getting is that there are going to be a lot of new critical periods in front of us...

@Adam.. please note my edits in my above post.

lol new ATH by monday!

SURE...

just because there are players in the game with millions or maybe even 100's of millions to invest doesn't mean they will buy up the order book because they feel BULLISH AS FUCK

[JayJuanGee]

BTC breakout short term atm... Time to share...

MY ULTIMATE BEARISH CASE:



MY ULTIMATE BULLISH CASE:



currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines


edit:
I call that we will never touch 275 USD again and probably will never dip below 300 USD
You have the right to ridicule me if this doesn't happen 

Even your ultimate bearish case is pretty bullish.... .......

well... it would mean that we need the rest of 2014 and 2015 to reach 1000 USD again.
When the ETF comes to the NASDAQ, I expect that 1000 USD will be reached much faster 

I mean you called it "ultimate bearish,"  and surely I am expecting pretty decent BTC performance in the coming 15 months; however, there seem to be quite a few negative scenarios that could rain on the BTC parade.  So I am thinking maybe "ultimate bearish" is NOT a great name for that scenario...

I am surprised a few bears, bear trolls or just troll trolls have NOT taken a few cracks at you for that (I exclude myself from those categories b/c I neither perceive myself as either a bear or a troll).  In other words, the bears and the tolls must be in hibernation.. they have had quite a glorious run in the last 10 months.. and the last month or so probably much beyond their expectations, and they are exhausted.  Poor lil thingies.. 

[nanobrain]

Well, I'll stick my neck out here and say we will be down to the $330s within the next 6 hours.

Fire away...

you mean like get down into the 330's and stay there for more then a few hours?

i dont think so..

at this point we'd be lucky to see 349

good chance we pop over 360 in the next few hours never to return again.

Tks to say what I want to hear

are you not watching the game?

this is what's happening...

357. still at ytd low.

https://www.tradingview.com/u/DanV/

and quite a few others (including our old mate, Mr I'm Right, "Chessnut") on trading view expect at least another dip before the end of year.  Bullish but circumspect on ToF, too.

So, yes I'm watching but not getting carried away.  Haven't you been watching the last ten months?  False dawns in March, April, June, July always accompanied by high expectations -- a month ago you were saying never again under 400.  C'mon, Adam, a little bit of caution goes a long way in this market.

Obviously, still bullish long-term, even medium but before years end, still lots of surprises I think (and will be happy if proved wrong ).

[JayJuanGee]

Even though "critical" has been a bit of a exaggeration in this thread, I was thinking that this upcoming weekend could be critical... and maybe there could be a related poll question?

The BTC price at the close of business on next Monday will be?    

i'll change it tomorrow.

this weekend IS critical, totally critical.

+1       The feeling I am getting is that there are going to be a lot of new critical periods in front of us...

@Adam.. please note my edits in my above post.

lol new ATH by monday!

SURE...

just because there are players in the game with millions or maybe even 100's of millions to invest doesn't mean they will buy up the order book because they feel BULLISH AS FUCK

I had to throw in new ATH by Monday for shits and giggles, especially after reading a couple of your more recent posts (and you are NOT the only that seems to becoming somewhat infected by the bullbug... or is it just like the bullbug is flaring up and people cannot help themselves?).

 I admit the volume of the last couple of weeks is looking pretty good and it does NOT seem to be drying up.. at least so far... , and maybe after we pass a few certain price threshold points, we may NOT need as much volume to continue to raise the price, so long as everyone is falling into agreement that BTC prices are trending Up, Up, and Up.

[adamstgBit]

  Poor lil thingies.. 

http://youtu.be/8yD_c1pnQ6k?t=59s

[hyphymikey]

so with the alleged DPR trial not far away, what effect will a few hundred thousand BTC being auctioned off in the next few months have?

Have you been keeping up with the case? The Feds are about to go through a shit storm. No way Ross is found guilty, more likely the case will be dismissed.

[dnaleor]

Even though "critical" has been a bit of a exaggeration in this thread, I was thinking that this upcoming weekend could be critical... and maybe there could be a related poll question?

The BTC price at the close of business on next Monday will be?    

i'll change it tomorrow.

this weekend IS critical, totally critical.

+1     The feeling I am getting is that there are going to be a lot of new critical periods in front of us...

@Adam.. please note my edits in my above post.

lol new ATH by monday!

SURE...

just because there are players in the game with millions or maybe even 100's of millions to invest doesn't mean they will buy up the order book because they feel BULLISH AS FUCK

I have a dream...

Everything is possible

[dnaleor]

BTC breakout short term atm... Time to share...

MY ULTIMATE BEARISH CASE:



MY ULTIMATE BULLISH CASE:



currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines


edit:
I call that we will never touch 275 USD again and probably will never dip below 300 USD
You have the right to ridicule me if this doesn't happen 

Even your ultimate bearish case is pretty bullish.... .......

well... it would mean that we need the rest of 2014 and 2015 to reach 1000 USD again.
When the ETF comes to the NASDAQ, I expect that 1000 USD will be reached much faster 

I mean you called it "ultimate bearish,"  and surely I am expecting pretty decent BTC performance in the coming 15 months; however, there seem to be quite a few negative scenarios that could rain on the BTC parade.  So I am thinking maybe "ultimate bearish" is NOT a great name for that scenario...

I am surprised a few bears, bear trolls or just troll trolls have NOT taken a few cracks at you for that (I exclude myself from those categories b/c I neither perceive myself as either a bear or a troll).  In other words, the bears and the tolls must be in hibernation.. they have had quite a glorious run in the last 10 months.. and the last month or so probably much beyond their expectations, and they are exhausted.  Poor lil thingies.. 

so... That means I'm a perma Bull, isn't it?

[JayJuanGee]

https://www.tradingview.com/u/DanV/

and quite a few others (including our old mate, Mr I'm Right, "Chessnut") on trading view expect at least another dip before the end of year.  Bullish but circumspect on ToF, too.

I got a bit of a chuckle out of this.  Chestnut has NOT been posting in this thread for over 5 months.. or at least I have NOT seen much of him, herein...   I did think that he got a bit carried away from time to time, but mostly because he seemed to enjoy getting in battles with bears and on purpose gloating about his various bullish sentiments.   


I was of the conclusion that he was much out gunned by the bears, and sometimes he seemed to NOT realize what little traps he was planting for himself in order that bears could beat the shit out of him and maybe take a bite out of him, for bear fun.   

Maybe he will return? 

Where is dear Chestnut?

[JayJuanGee]

  Poor lil thingies.. 

http://youtu.be/8yD_c1pnQ6k?t=59s

Hehehehehehe...

I better give the bears their proper respect because they have been fighting these kinds of wars since we were in diapers and they can live off of maggoty rice... fuck....     

[vuduchyld]

Interesting point you make, JayJuanGee.  What happened to the bear trolls?

We may be higher than we were 72 hours ago, but even at $354 or so right now, we are lower than we've been in a while--basically 11 months.  It seems almost inconceivable to me that a 10% bump (yet to be sustained for a week) has caused the vocal bears to hibernate the way they have in the last couple of days.  

But they are largely gone!  Was this part of the orchestration?  Were they rented/purchased accounts?

[adamstgBit]

  Poor lil thingies.. 

http://youtu.be/8yD_c1pnQ6k?t=59s

Hehehehehehe...

I better give the bears their proper respect because they have been fighting these kinds of wars since we were in diapers and they can live off of maggoty rice... fuck....     

LMAO!!!

there you go now you got it.

[JayJuanGee]

so... That means I'm a perma Bull, isn't it?

I see no problem with having overall bullish ideas and bullish inclinations, however, I would NOT want to paint the spectrum of probable or possible so narrowly as to skew my vision.  So for example, maybe tagging probabilities to your various scenarios could be healthy... so long as you recognize that no scenario is 100% and also sometimes you may need to reconsider the probabilities that you have attached to certain events, and something that you had previously labeled as 95% probable is really only 80% probable, which is still good, but NOT so good as to put all eggs in that basket.

[ChartBuddy]

Explanation