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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14683. (Read 26607804 times)

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
No they aren’t.  But there is no such thing as negatively correlated financial assets.  It’s a myth.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
Why does bitcoin follow stocks? Are people using stocks as margin equity for bitcoin?
jr. member
Activity: 70
Merit: 7
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
The floor is in. A certain family member just sold, the poor bastard.
Could be.  Had someone I know swallow a 50% loss and leave.  The problem of course is they aren’t coming back any time soon so where the fresh money will come from?


Fuck them.  It's called weak hand, because it appears that they failed or refused to plan for down. 

Of course, this down is a bit much, but if we buy during a pump, we have to expect that the pump could reverse.

We will see them back in about 2-5 years, perhaps, and maybe even less when they are buying when the price goes between $25k and $50k..
sr. member
Activity: 579
Merit: 267
There is No buy pressure???
Why arent we going up...... Huh


Stil hodling Grin
hero member
Activity: 1034
Merit: 558
good bitcoin party hangover morning. Cheesy

Got filled on my massive {relatively} buy order of 0.14BTC overnight.
+im still keeping some ammunition for new lows, in case this tethers pump continues during the week.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Look at the volume. Look at it.

You cannot sum the sell volume and the buy volume.  Of course the macro red candles are huge.  

You have to look at the micro green candles after the first bounce. They die away and then the price turns down again.

By the way, I think this is a very healthy discussion that we are having. I have already modified my trading in light of your feedback to acknowledge the possibility of a large bounce. 
sr. member
Activity: 338
Merit: 255
Look at the volume. Look at it.

It looks pitiful.  But is that your point?
Beacuse it's eclipsing everything else in the chart?

I dunno.  Doesn't look like that much volume:



I think that he means the volume needed to keep the downwards movement has had to increase, therefore meeting more (hopefully organic) resistance.

Eth.
legendary
Activity: 2050
Merit: 1184
Never selling
Look at the volume. Look at it.

It looks pitiful.  But is that your point?
Beacuse it's eclipsing everything else in the chart?

So bearish? bullish?
legendary
Activity: 1162
Merit: 1007
Look at the volume. Look at it.

It looks pitiful.  But is that your point?
Beacuse it's eclipsing everything else in the chart?

I dunno.  Doesn't look like that much volume:

sr. member
Activity: 338
Merit: 255
Have we hit despair or is it yet to come?

I have not seen a single media report that Bitcoin is dead.

Nouriel has been flappin' his gums lately.

https://twitter.com/Nouriel/status/960743853748883456

 Nouriel Roubini‏

As expected Bitcoin now crashes below $6000. Now the $5K handle is reached.  And the US Congressional Hearing on Crypto-Scams is still a day away.  HODL nuts will hold their melting Bitcoins all the way down to ZERO while scammers and whales dump and run...


Isn't this the guy that keeps saying that bitcoin is dead since $100?

Eth.
jr. member
Activity: 54
Merit: 1
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
Look at the volume. Look at it.

It looks pitiful.  But is that your point?
Beacuse it's eclipsing everything else in the chart?
legendary
Activity: 1162
Merit: 1007
Look at the volume. Look at it.

It looks pitiful.  But is that your point?
legendary
Activity: 2338
Merit: 1130
nope

just more stairstep down



$6300 ATM

Today BTC took a 23% hit

BCash lost 26.35% value

ETH dropped 28.34%

and LTC lost 24.21% value

Wall Street lost 1000 points

full member
Activity: 266
Merit: 222
Deb Rah Von Doom


Look at the volume. Look at it.
sr. member
Activity: 696
Merit: 439
Have we hit despair or is it yet to come?

I have not seen a single media report that Bitcoin is dead.

Nouriel has been flappin' his gums lately.

https://twitter.com/Nouriel/status/960743853748883456

 Nouriel Roubini‏

As expected Bitcoin now crashes below $6000. Now the $5K handle is reached.  And the US Congressional Hearing on Crypto-Scams is still a day away.  HODL nuts will hold their melting Bitcoins all the way down to ZERO while scammers and whales dump and run...
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
nope

just more stairstep down
legendary
Activity: 2338
Merit: 1130

$6000 bottom.

UP WE GO!
legendary
Activity: 1834
Merit: 4197
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