Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 10165. (Read 26732143 times)

Avoiding daylight.

https://twitter.com/bmstu777/status/1144189459941994496?s=20

beat that bear trap!

Thanks for the advice.

I already don't go all in at a certain price but I try to stay into the flow of the market targeting different prices.

How about this one :once a shitcoin always a shitcoin

Actually I have been pretty strong to hodl even when I could sell, so I am super prudent before losing any BTC.

Indeed, I would play this tricky game only if I had a reasonable amount of coins to be shielded from a possible mistake.

I'd say that these numbers are a bit too pessimistic at the current time.
Isn't it just a stop for gaining more steam... (and wait for the altcoins)?



You made me hope for a second, but.. no. Most of the altcoins that matter for me are deep in blood.



There was the saying 1 DOGE = 1 DOGE all the way down from 200 satoshi to 20 satoshi.
I don't like anymore this kind of saying.

1. We have no clue what's going on.
2.One BTC is still one BTC
3.We're fine, BTFD

Could be. The recent parabolic rise looks like it is now ending. It went a lot higher than most expected in such a short time frame. A normal retracement would give a target in the region of 7-9k, leaving the bull case intact. ...could take around 3-4 weeks to get there.  The alternative is increasing volatility and a quick return to new highs.  Whatever happens , a lot of speculators will get burned when the rise ends, and it takes time to flush their left-over effects out of the market.

Still a conjecture until the next few days plays out.

Observing $11,794.

Is the shit show over? The wounds bandaged?

The first support at 11800 was breached. The next support at 11200 holds so far. This is the price range since the crazy run began 2 days ago. Practically it was completely denied. It's around 19% correction from the AYH 13880. There is no reason or news related to the crash, so it is not logical to have additional 10 or 20% crash. The most probable scenario is to reclaim 12K until the end of the week and set a new AYH after a week. We are still in a bull market! Let the weak hands get their 1%-stop profit or even 10-20% "cut loss". We just need to stay above 10K for some time in order to breach 20K and stay above it for new highs like 50-100K in 2020!

P.S. As I was writing a good bounce to 11800 occured, which may be enough to stop the panic sells.

You should only sell when you are done with this completely.

If you are going to cry about the next ATH after you sell, don't.

Set yourself a target networth and start DCA'ing till you reach that target. Even when you reach your target it is probably a good idea to save 1 bitcoin just in case.

Where is Roach?

I'm thinking lower $9ks would be reasonable, but bitcoin does not tend to be reasonable.  except when she wants to be, which again seems to be rare.


Whoa zah... that sounds worse than I was thinking.

(above) 10k seems like a stop for me

Best case scenario: $11k

Medium case scenario: $8k

Worst case scenario: $5.5k

That’s how people in this thread end up being NOCOINERS.
You can’t play this market & expect to come out on top. You might get lucky but what if we surged to $20,000? You’d be sitting on a load of fiat with 0BTC & you’d end up buying back in higher.
Trading is a fools game.

Wait until a year or so after the halving & then sell.

I will admit that my current set up causes my buy orders to go down to only about $3,500, which really means that I would be running out of money, and have to do some scrambling to even muster together decent additional cash for prices to go down below $3,500 -  and so another way of phrasing that would be that I would have blown my whole load (or most of it) prior to even getting close to $3,500.

If we are being frank, the truth of the matter would be that at this time if  BTC prices even appeared to be going below $6k (or even getting close to that), then I would be inspired to regroup in order to pee pare my selfie for the possibility that our bottom of $3,122 could be tested again... though I would give it low chances until $5k support is broken then the odds begin to go up quite a bit, in my thinking.  

So, likely if it looks like we are getting close to $6k, I will likely use whatever fiat I have left in my BTC funds to restructure buy orders all the way down to $2k.. .. yet, since we are "still" in the supra $11k territory, there should be hardly any fear for me that we are even going to get close to $6k, right?  That's how I feel right now.. little fear, and nice to have more than a $5k cushion between here and $6k in which I have buy orders staggered all the way down in relatively tight intervals (doing my part here to support the price all the way down).  

So, I am not even close to worried, yet.  I am just glad that we had so much BTC price appreciation over the past months (really starting April 1) that I have so much cash on hand  that I can put to good use to buy BTC, in the event that the price continues to go down.  

Thank you very much to BTC for having had gone up so much.      More up would be good, too (even preferable), but I can accept that she might not want to go up more, just yet.

Alts going a bit green on CMC

flip flip

So how low do you guys think we'll go?

I don't think it should get much lower from here but maybe we could see a similar pattern of 2016 june