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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12546. (Read 26714528 times)

legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.


Going by that comparison, another year until we get above 4000 again, with a bit more downside first.


A year to get above 4K?
Not much HOPIUM in there i guess.....
That would be brutal - but if its the road Then i guess i Will rode it as well
I do believe in a more BULLish outcome though Wink
legendary
Activity: 1464
Merit: 1136
commiserations to those that sold at the bottom.  
Thecactus, again... Cry
full member
Activity: 151
Merit: 111
BTC HODLer

RSI hitting 30 is quite bullish actually.

I always thought there was more of a selloff to come since we've never plumbed the oversold zone on the 1-week chart since way back in 2015. Getting that out of the way might make it safer for traders to contemplate a trend reversal since in bitcoin it tends to only visit that region rarely and once (or max twice) per cycle.


Did it happen while I was asleep? The blood on the streets?

legendary
Activity: 2534
Merit: 1129


Going by that comparison, another year until we get above 4000 again, with a bit more downside first.

legendary
Activity: 2050
Merit: 1184
Never selling
Since the price is down and there’s panic in the air, I thought I’d revisit my convictions in hopes it may help someone in whatever way.  

BTC is an act of resistance and resistance entails suffering, it requires self sacrifice and excepts that it may be destroyed. Bitcoin is not about happiness or money, it is not rational, it’s about freedom.  For me bitcoin is almost a religious experience in a way that I achieve a personal peace knowing I resist evil. Namely the 1% who seek globalization of corporations through capitalism. In today’s world it is abundantly clear that capitalism consumes immeasurable amounts of life from the bottom up leaving slavery and destruction in its wake.  It is destined to implode with the absence of new markets to feed from and drag the majority into debt and despair.  Bitcoin is the only idea I’ve seen which by design attempts to correct economics out of balance.
Until a time where bitcoin no longer serves to liberate, I #HODL


I am with you
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Hate days like this, when we are in a DIP and the shopping is open on sunday.... my GF asking me to go all morning....
Now i’m here and suppose to buy shit as well, Xmass presents Will be downgraded a lot Roll Eyes
Meanwhile keep those precious coins and gonna Fred Some extra fiat as well to throw into this DIP
Gonna catch Some daggers as well
#BTFD
legendary
Activity: 1464
Merit: 1136
Since the price is down and there’s panic in the air, I thought I’d revisit my convictions in hopes it may help someone in whatever way.  

BTC is an act of resistance and resistance entails suffering, it requires self sacrifice and excepts that it may be destroyed. Bitcoin is not about happiness or money, it is not rational, it’s about freedom.  For me bitcoin is almost a religious experience in a way that I achieve a personal peace knowing I resist evil. Namely the 1% who seek globalization of corporations through capitalism. In today’s world it is abundantly clear that capitalism consumes immeasurable amounts of life from the bottom up leaving slavery and destruction in its wake.  It is destined to implode with the absence of new markets to feed from and drag the majority into debt and despair.  Bitcoin is the only idea I’ve seen which by design attempts to correct economics out of balance.
Until a time where bitcoin no longer serves to liberate, I #HODL
legendary
Activity: 3066
Merit: 1188

RSI hitting 30 is quite bullish actually.

I always thought there was more of a selloff to come since we've never plumbed the oversold zone on the 1-week chart since way back in 2015. Getting that out of the way might make it safer for traders to contemplate a trend reversal since in bitcoin it tends to only visit that region rarely and once (or max twice) per cycle.


who said it wasn't bullish?  i think you will struggle to find a single person that thinks 1 week rsi below 30 is bearish.

I'm not struggling.
legendary
Activity: 1652
Merit: 4393
Be a bank
commiserations to those that sold at the bottom.  

Oh shit... the major!
the colonel will be alright
his bosses will tell him when to act bullish again
hero member
Activity: 966
Merit: 526
🐺Dogs for President🐺

RSI hitting 30 is quite bullish actually.

I always thought there was more of a selloff to come since we've never plumbed the oversold zone on the 1-week chart since way back in 2015. Getting that out of the way might make it safer for traders to contemplate a trend reversal since in bitcoin it tends to only visit that region rarely and once (or max twice) per cycle.


who said it wasn't bullish?  i think you will struggle to find a single person that thinks 1 week rsi below 30 is bearish.
legendary
Activity: 2050
Merit: 1184
Never selling
sr. member
Activity: 910
Merit: 371
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Careful this is just fuckery at the moment imho
no
scalping btc for the win
Good for you man.  Too choppy for me.
yeah very unsafe waters. i did just the once today. just to feel alive.
midterm reversal?

I don’t know from here.  I’m out for now.  Let’s see what the set up looks like next week. 
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
It takes just 3 minutes for the poison to clear... And then he EATS the cobra!  Wink
legendary
Activity: 1652
Merit: 4393
Be a bank
Careful this is just fuckery at the moment imho
no
scalping btc for the win
Good for you man.  Too choppy for me.
yeah very unsafe waters. i did just the once today. just to feel alive.
midterm reversal?
legendary
Activity: 2050
Merit: 1184
Never selling
need the bounce to get to 4200 or it is nothing
sr. member
Activity: 714
Merit: 257
Well holy crap, with this rate we will be sub 3k tomorrow lol.

But regarding to a previous post, this whole situation is just a part of the full market cycle.  Just need to be patient to see some greens again.

It is better to have quick drop and be over with that imho, than have a slow bleadout
Slow bleadouts are the worst
full member
Activity: 896
Merit: 236
At least it shows some signs of life.... Let's see if its a trap or not.
Look like trap going down again very quickly  Angry
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Careful this is just fuckery at the moment imho
no
scalping btc for the win

Good for you man.  Too choppy for me.
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