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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13837. (Read 26720873 times)

legendary
Activity: 2534
Merit: 1129
Are we going to re-test $6,000? :/


The trend is down, and needs a proper base to reverse. If it can happen quickly , then the bounce might be more substantial. However my fear is that the slow bleed takes a few months, and would then turn into an extended bear market. Slope of Hope. That scenario indicates the 2500 low is possible in 2 years.

The alternative is a quick carnage in a drop to 5500-6000 (within a month , say) and a proper floor established there. Optimistic case is the new uptrend can make 15k inside a year.

The conclusion is we don't want a weak rise right from here.
legendary
Activity: 3794
Merit: 5474
No worries folks! I took one for the team.
Sold the hot wallet stash to add to my pm stack.So price will be heading north again shortly.
 JM Bullion accepts bitcoin, just not from Coinbase. WTF is that all about?
Hadda move it to Electrum. PITA!! 
Oh well, now I got a shiny new Britania Gold coin to play tiddlywinks with.
Can't do that with Bitcoin!   Hey Roachy-poachy, did I do good?  lol

Good on you. I don't think gold will stay under 1300 for long.

What did you get, a 1 oz.?
jr. member
Activity: 85
Merit: 5
Here's an interesting observation I made

there's a support trend line that dates back to October and has 6 touches ever since then, and the recent drops to 6k and 6.6k line up perfectly with it - if the price heads down towards it these days they'd meet around 6900


this is the weekly timechart btw
https://screenshotscdn.firefoxusercontent.com/images/a8c106a1-bda7-4214-bacd-e458ee6410a6.png



I've been expecting something along those lines as well, but the time frames would have to be slightly adjusted. IF we break the 7k strong support levels we should only see the 6ks two weeks from now. And (again, IF we hit so low) I could bet my *** that the big bounce up will be around that level too.
sr. member
Activity: 392
Merit: 254
full member
Activity: 238
Merit: 113
Here's an interesting observation I made

there's a support trend line that dates back to October and has 6 touches ever since then, and the recent drops to 6k and 6.6k line up perfectly with it - if the price heads down towards it these days they'd meet around 6900


this is the weekly timechart btw
https://screenshotscdn.firefoxusercontent.com/images/a8c106a1-bda7-4214-bacd-e458ee6410a6.png

legendary
Activity: 3388
Merit: 3514
born once atheist
ugh. its heading for 8k attack again.
.
Are we going to re-test $6,000? :/

No worries folks! I took one for the team.
Sold the hot wallet stash to add to my pm stack.So price will be heading north again shortly.
 JM Bullion accepts bitcoin, just not from Coinbase. WTF is that all about?
Hadda move it to Electrum. PITA!!  
Oh well, now I got a shiny new Britannia Gold coin to play tiddlywinks with.
Can't do that with Bitcoin!   Hey Roachy-poachy, did I do good?  lol
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
QUICK list 12288 is finisht GOOD LUCK   WO's

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copper member
Activity: 72
Merit: 12
Yes let's herd all the crackpot loop-de-doos into one action-packed thread.

I support diversity when it comes to Zionist conspiracies, Roach alone isn't a world I want to live in.
member
Activity: 231
Merit: 43
https://tradingplacesnewsletter.com/move-over-crypto-enthusiasts-wall-street-will-take-it-from-here-5b5a9067bc5
ugh
Quote
Far from being disintermediated, Wall Street is at the center of the new wave in interest in crypto. Liquidity in the crypto markets is powered by the same high-frequency trading firms that are dominate in equities, U.S. Treasuries, futures, and every other liquid asset class. Jump, the largest trader of U.S. Treasuries has a trading team of 22 people working on crypto according to a source familiar with the matter. That team is larger than any other single trading team (of which there are approximately two dozen) in the company. Hudson River Trading, Tower Research, and XR Trading all have large automated trading initiatives on the retail exchanges. (Notably absent from the list is Virtu.)
ugh
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Bitcoin dominance now back up to 38.2%. Alts bleeding, and I'm going to take some of their blood right now, looking tasty.

ugh. its heading for 8k attack again.

We've strong support at around $7800, probably, we're not going below that.

Are we going to re-test $6,000? :/

Nope. You registered here in 2013, how did $150 decline make you so worried? No talks of $6000 please until $7800/$7200/$6800 supports are broken (which is probably not going to happen).

sr. member
Activity: 696
Merit: 439
Are we going to re-test $6,000? :/
hero member
Activity: 1035
Merit: 558
ugh. its heading for 8k attack again.
member
Activity: 231
Merit: 43
Yes let's herd all the crackpot loop-de-doos into one action-packed thread.
copper member
Activity: 72
Merit: 12
+1 Bring anonymint here, this is safe space.
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist

People who join Mensa are in the 95-105 range.
Just like how if someone opened something called "the big dick club", 3/4ths the people in it would have 4 inch dicks.



@anonymint tells me in private chat that maybe you're referring to their divergent IQ score?
In that case, all could be admitted to Mensa with the requisite minimum convergent IQ of 130 yet still potentially have a divergent IQ below 106,
although this seems highly improbable especially if referring to a group of individuals.



@anonymint asks @r0ach to explain why surreptitious centralization is the antithesis of the next reserve currency?

@Torque, regarding bcash and altcoins in general, @anonymint asks you whether Exter's pyramid should be inverted or do derivatives wag the dog?

Let anonymint know he's welcome to post here.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
full member
Activity: 770
Merit: 146
Pizza is a diagram shows how much pizza you have.
copper member
Activity: 72
Merit: 12
The next recession is a lock to come, no one knows just when.

All the talk of inflation, store of value, etc is meaningless next to wild price speculation. Recessions kill this sort of speculation and a bitter one would match up well with crypto winter lows somewhere around 19-21.
STT
legendary
Activity: 4102
Merit: 1454
Your link got mashed I think, just screencap it to imgur

USD will make a final moon shot and die.

Bitcoin is the female mantis who'll eat the male mantis after sex. USD will fuck bitcoin (and everything else) for the last time. Stocks, crypto, gold, real estate... everything will just die against the USD and that'll collapse the economy.

Only after that, either gold or btc (btc most likely since gold isnt as mobile) or both will eat the fucking male mantis.

USD already did the moon shot in 2008.   The events there were probably significant in the amount it required in order to spike USD in that way.    The demand for USD was massive and it came from across the world, the surprise in market decline was genuine.

Right now would people be as surprised and rushing to buy USD debt.  We already did that, the biggest holder remains Federal reserve from all their QE programs.    Its not just USA either, the ECB is still throwing the dice on the table for its QE gamble.  I'll post some source on that to go over because Im lost how lead ballons float tbh

Quote
Jim Grant as mentioned in the Big short, on Euro Junk bonds yielding less then US treasury debt, etc
Very bearish, one of the four horsemen calling a cyclical bear market to bonds which has boomed since early 80's and 15% rates.

https://youtu.be/66UsX-zzVbA?t=2328


Quote
Wall Street does, their lies and the games they play. Not only does Average Joe not want to buy those expensive shares this time around, he's hip to their game,
I dont think the average Joe has money to place in the first place, real wages have fallen in value overall.  The value is coming from his pension scheme and that investment is being done without personal judgement of the beneficiary [how the little guy always loses].
  The largest holder of US treasury debt is recorded as pension funds operated by government at various levels, I think thats correct hence why some think its a safe situation and no sell off or rate spike is possible.
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