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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14784. (Read 26630387 times)

legendary
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#1 VIP Crypto Casino
sr. member
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daily RSI under 30, usually in the past when it gets this low you get a large bounce/reversal.
legendary
Activity: 2716
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BTC + Crossfit, living life.
if it bounces it can go to 9300 for a short period of time
And than bounce hard and harder and harder and breaking down all them heaters smash 25k into there faces and go on with mooning Wink  Wink
full member
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Deb Rah Von Doom
When Tether collapses you will feel pretty stupid for not grabbing 8K, even if btc/usd proceeded to 6K. Ive already flipped it to the point of having virtually no cost basis and dont need to be so greedy that I lose it all..
legendary
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yes

While we're watching this, a much larger area of carnage is emerging.

US Guvpaper meltdown continuing this morning. Contagion into stawks also.

BTC --> $30k.

https://i.imgur.com/NBRUKZj.png

Compared to this, crypto is just a firecracker in a hot pan  Shocked
legendary
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Degenerate bull hatter & Bitcoin monotheist

While we're watching this, a much larger area of carnage is emerging.

US Guvpaper meltdown continuing this morning. Contagion into stawks also.

BTC --> $30k.



Well isn’t that the 2BTC question. What happens when we get another GFC.

Meanhile I have a friend who is playing Ripple bounces.  Can’t figure out if he has balls of steel or is as dumb as a bag of hammers. Maybe both. 
legendary
Activity: 2716
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BTC + Crossfit, living life.
Well, today we've fallen even lower. Even Enky Nakamura has called it quits. Anyway, I haven't sold a single BTC this year and will keep hodling no matter what. HODL!  Cool

I also didn’t sold .... bought few more instead BUT if a had a crystall ball i would been selling and buying back as offcourse
But i’m Not such a master trader as Many claim to be in here with them 100 diffrent TA analys charts and So on.... pitty for me offcourse but i don’t wanna take the risk off selling and ending up with les btc than i had before So Yeah i Just keep on hodling and try to buy a dip now and then ...... and amuse myself with Reading the panic as bull as hodl as anti btc and So on posts
But very honest i’m Happy with my current stash of btc and for me iT can be the time of eternal ATH Wink but yeahhh as my friend says we Will be forced to be riding the waves if we want to the moon and BEYOND

Wink Smiley
full member
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Deb Rah Von Doom
Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.

You buying?  What’s your level of commitment?
I only bought in my USDT account which is smaller than my USD account and I'm probably fully committed to this position. It's not so much that I'm super bullish about bitcoin but that I'm bearish about tether... They could freeze USDT pairs at any moment. So this is like a win win

Where do you see the bitcoin price going from here TERA? Significantly further down or consolidation in this range, maybe even a bounce back upwards?

Keen to see what you think rather than my fellow HODLERS/uber positive bitcoin peeps.
I think the most likely situation here is a bounce either from here or some point above 7K , then going to the low teens, then going sideways for a long time before coming back down, but Im not 100% sure. The volume is still a little low in the grand scheme of things. I guess a low volume bounce is what means its coming back down eventually.
legendary
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While we're watching this, a much larger area of carnage is emerging.

US Guvpaper meltdown continuing this morning. Contagion into stawks also.

BTC --> $30k.

legendary
Activity: 1844
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XXXVII Fnord is toast without bread
Here is some elevator action for you all.

legendary
Activity: 1442
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Degenerate bull hatter & Bitcoin monotheist
Understood.  I went through a similar process about 20 hours ago.  But then I moved it to Bitstamp and dumped to USD.
legendary
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#1 VIP Crypto Casino
Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.

You buying?  What’s your level of commitment?
I only bought in my USDT account which is smaller than my USD account and I'm probably fully committed to this position. It's not so much that I'm super bullish about bitcoin but that I'm bearish about tether... They could freeze USDT pairs at any moment. So this is like a win win

Where do you see the bitcoin price going from here TERA? Significantly further down or consolidation in this range, maybe even a bounce back upwards?

Keen to see what you think rather than my fellow HODLERS/uber positive bitcoin peeps.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.

You buying?  What’s your level of commitment?
I only bought in my USDT account which is smaller than my USD account and I'm probably fully committed to this position. It's not so much that I'm super bullish about bitcoin but that I'm bearish about tether... They could freeze USDT pairs at any moment. So this is like a win win
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist

Yep. All RSI's now in the oversold zone up to the 1-Day range.


Why is the only direction seemingly down then?

Because when the direction becomes inevitable, it reverses. Temporarily.
legendary
Activity: 2604
Merit: 1748

The coins you buy now, may not see a profit immediately, but they definitely will in time.   How much time, no one knows.

About 5 minutes.


Ha!  Actually it's been like a ball bouncing down stairs, if you play tight spreads on buys and sells, it's possible to make money (or for me the preferable 'extra coins') buy selling local tops and buying back bottoms (only in a 200 or 300 USD range, of course).  It's just a bloody time-consuming job.  Of course overall your stash price is decreasing in value, but at least you have the compensation of more coin, or more cash aside according to your long term strategy on BTC.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.

You buying?  What’s your level of commitment?
legendary
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Pump it with false usd tokens
Get out of bubble with real usd



legendary
Activity: 3556
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#1 VIP Crypto Casino

Yep. All RSI's now in the oversold zone up to the 1-Day range.


Why is the only direction seemingly down then?
legendary
Activity: 3066
Merit: 1188

Yep. All RSI's now in the oversold zone up to the 1-Day range.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
We are oversold.  Whipsaw due. But it will be a bull trap. If you are going to ride it, be extremely alert.
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