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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11092. (Read 26730713 times)

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
It sure feels like we're gaining ground at settling over $5,000 for the longterm.
For me it feels like we are going to some big changes in the market either huge bump or dump on the upcoming days.

The "up"coming days are critical.tm
They always are aren't they? Honestly I feel a small bump to 5,300 or a bit higher and a settle down to 5050 ish or low 5100

I think that it is too early for $5k to hold, even if we gt a pump into the $6,200 to $6,500 arena, I am still thinking that we get around a 30% or more correction.. and then at that point we se how long it takes to rebound. 

If we get a more wimpy pump, like you are suggesting, then our correction might be more whimpy too.. but I cannot foresee $5k holding under any realistic scenario in the short term.

Of course, there are scenarios, like you suggest, in which $5k never gets breached again.. .but I am thinking that those kinds of scenarios are both less likely but also would become more realistic only if BTC could breach $6,500 and go at least to $7,140 or greater... which seems less likely but surely anything is possible in bitcoin... I just am averted from counting on in any kind of meaningful way (psychologically or financially) in the playing out of scenarios that are in the less likely arena.

.... and, yes,  "the next XXXXX time frame 'is critical' blah blah blah.." remains a common understanding way to to bring attention a point with a bit of flare & fun.    Cheesy Cheesy Cheesy
legendary
Activity: 1834
Merit: 4197
temporal analysis of a cookie monster

#dyor
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Totally agree, going to see tons of people dumping their coins around $10k+ in fear of another crash down.

They said the same about the return to $1000. Had you done that you would've been sad.

It's just the same as back then in that if you're still here by now you're not going to get rid when the first proper green shoots arrive. If you arrived after the bottom why get rid when it's just warming up? All the same I reckon 10 grand will be a bigger barrier than 20.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
... I accidentally deleted my whole response...

there is a god
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Work is a lot less stressful when you know you don't need it to pay for the next months (or years) bills and fully own the house you are living in.

word!
full member
Activity: 532
Merit: 187
According to Peter Brandt @PeterLBrandt, a well know trader with 265k followers on twitter, Bitcoins are about to be ready for a new parabolic phase.

Either from Dec '18 low or from retest of same (circa analog dbl bottom in 2015) it would not surprise me if $BTC enters a new parabolic phase. $btcusd

https://twitter.com/PeterLBrandt/status/1114150288007421952

legendary
Activity: 1891
Merit: 3096
All good things to those who wait
You know, I often wonder why 95% of exchange trades are like 0.05 or 0.001BTC. The answer is - there are thousands of n00bs (probably can't even calculate percentages and addicted to drugs) who believe that by trading such pathetic amounts, they will become millionaires. I got flash news for you - Not gonna happen! If you are lucky, you may get 10% in a year, so congrats with your 0.0001BTC profit. Go buy an island with that. Grin Grin Grin

nah

it's bots
Even if they are bots, the sums of the simultaneous trades is way below 0.1BTC, which means their owners are really poor. The volume is made by a 5% of trades which are above 1BTC.
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
The number of short positions as well as the volume has increased in the last days. Their thinking is that whatever caused the short squeeze the other day, it won't repeat now. Their only hope is the wall at Bitstamp. It may be put by a shorter or not. It doesn't matter. Bitstamp has a lot more volume recently, so it can be eaten in minutes. This will cause another short squeeze even more painful than the previous! Especially, since there is not a historically recognized resistance line until 5.8-6K(which also is dubious if it can be a resistance at all). I think the next solid resistance is somewhere about 7K$.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
You know, I often wonder why 95% of exchange trades are like 0.05 or 0.001BTC. The answer is - there are thousands of n00bs (probably can't even calculate percentages and addicted to drugs) who believe that by trading such pathetic amounts, they will become millionaires. I got flash news for you - Not gonna happen! If you are lucky, you may get 10% in a year, so congrats with your 0.0001BTC profit. Go buy an island with that. Grin Grin Grin

nah

it's bots
copper member
Activity: 2898
Merit: 1465
Clueless!
Does your girl even bitcoin tho’



just back home, gonna relax a bit,

BUT man i'm instant regret of not having a Smerit for this one....

And yes my GF does BTC too Smiley Cheesy

You both have hot gf’s. I’d hit both....Sorry Cheesy
Are you both handsome or are those girls chasing the corn?

Cheesy Cheesy

I like that I HODL as I'm chasing the CORN... Smiley Smiley

legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.
Exactly, as I predicted earlier $6-6.5 in Summer, $10-15k Fall and new ATH in December 2019.

I don't expect a new high until well into 2021 myself. And when it does hit it's going to be pretty electrifying. Regaining $1000 was the culmination of a seemingly endless slog. It was more relief than euphoria. Next time around there'll be more appetite and more expectation.
Totally agree, going to see tons of people dumping their coins around $10k+ in fear of another crash down.

Won't change a crap... let them dump, everything will be absorbed by the market instantly...  Cool
legendary
Activity: 3346
Merit: 1618
#1 VIP Crypto Casino
Does your girl even bitcoin tho’



just back home, gonna relax a bit,

BUT man i'm instant regret of not having a Smerit for this one....

And yes my GF does BTC too Smiley Cheesy

You both have hot gf’s. I’d hit both....Sorry Cheesy
Are you both handsome or are those girls chasing the corn?

Cheesy Cheesy
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Bitcoin is so much more than a store of value. When you have something that can transform value in so many ways, it's ridiculous it can be called a bubble.



https://twitter.com/RedditBTC/status/1114913062191026176
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Does your girl even bitcoin tho’



just back home, gonna relax a bit,

BUT man i'm instant regret of not having a Smerit for this one....

And yes my GF does BTC too Smiley Cheesy
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