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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17422. (Read 26709819 times)

hero member
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legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Gold up 1.1%, silver up 1.7%, bitcoin up 6/10th's of 1% on the "Trump's war on humanity" trade.  

The fact that bitcoin is rising less than metals means either:

1)  The price is mostly peaked out for it's current state in time

or

2)  There is no reason for bitcoin to be going up on war news because it's completely idiotic to be holding bitcoin during a war and there's just some random scheming pumper (bitfinex owners) trying to raise the price on events that should have no effect on the bitcoin market at all.


To get a more accurate picture, you need to zoom out a little bit
legendary
Activity: 1260
Merit: 1000
Gold up 1.1%, silver up 1.7%, bitcoin up 6/10th's of 1% on the "Trump's war on humanity" trade.  

The fact that bitcoin is rising less than metals means either:

1)  The price is mostly peaked out for it's current state in time

or

2)  There is no reason for bitcoin to be going up on war news because it's completely idiotic to be holding bitcoin during a war and there's just some random scheming pumper (bitfinex owners) trying to raise the price on events that should have no effect on the bitcoin market at all.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Good morning Bitcoinland.

I see we're still over $1200... currently $1222USD (Bitcoinaverage).

That's plenty of consolidation for now. Let's start the next leg up.  Cool

You're just in time Wink

3 days he his just in time, now when bitcoin down I wait Jimbo to wake up.
 

At least recently it's waited until I got up.

It used to be that it always seemed to rally when I woke up halfway through the night to use the can. It was starting to wreak havoc with my beauty sleep.

Lately I've been able to enjoy the show with my morning coffee.
hero member
Activity: 1022
Merit: 725
Good morning Bitcoinland.

I see we're still over $1200... currently $1222USD (Bitcoinaverage).

That's plenty of consolidation for now. Let's start the next leg up.  Cool

You're just in time Wink

3 days he his just in time, now when bitcoin down I wait Jimbo to wake up.
hero member
Activity: 658
Merit: 503
Bear with me
sr. member
Activity: 397
Merit: 250
Good morning Bitcoinland.

I see we're still over $1200... currently $1222USD (Bitcoinaverage).

That's plenty of consolidation for now. Let's start the next leg up.  Cool

You're just in time Wink
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Good morning Bitcoinland.

I see we're still over $1200... currently $1222USD (Bitcoinaverage).

That's plenty of consolidation for now. Let's start the next leg up.  Cool
sr. member
Activity: 397
Merit: 250
Meuh6879, how about... "Nope!".
legendary
Activity: 1512
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legendary
Activity: 2604
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I didn't read it too.

But that picture from tk3609 really make me smile, it represent what i saw

Agreed. Picture perfect!
hero member
Activity: 1022
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I didn't read it too.

But that picture from tk3609 really make me smile, it represent what i saw
legendary
Activity: 2604
Merit: 1748



Lol

Price don't move so its a good reason to talk anything else than "to to moon" "btc is dead" "sell" "buy" "fomo" "$800" "$1500"

Not sure a post THAT long is justified Wink

I confess I find pages are way faster to catch up on if you ignore one or two posters here.
hero member
Activity: 1022
Merit: 725



Lol

Price don't move so its a good reason to talk anything else than "to to moon" "btc is dead" "sell" "buy" "fomo" "$800" "$1500"
member
Activity: 70
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Small trader
sr. member
Activity: 397
Merit: 250
Still, there are bears lurking around who deny the existence of the uptrend and/or the bull market. First, we need to get rid of them completely, then enjoy going up on their money, then get the new bag holders coming in for our precious coins. Unless we start a very swift correction back below $800, which gets less and less likely by the day, I assume sunny days lie ahead of us.
sr. member
Activity: 392
Merit: 250

[...]

https://s29.postimg.org/fcow91wpz/last_chart.jpg

I mean how can anyone see a pattern in this shit? Or math? Or moving averages? Its just 100% news based.

[...]



Basically what happened was that someone tried to manipulate and tried to push the price down. And instead of a minor expected correction, we suffered a wobble and a distortion. And the entity(s) that did this lost a lot of money in the process. And the slow growth that is happening now is a thing that most winners feel after winning, meaning "mercy" or some kind of hesitation to finish the job mercilessly with a cold and swift grip.  Cheesy  Cheesy

So it would be another entity that break 1200$ and still cold an switf grip! Or most likely the 1st one still try to down the price.

:inserts LOTR meme: ''you have no power here"
I think that they cant keep the price down for now and that we will see a new ATH soon. But I also think that the bears are reloading their FUD guns an that we will insta crash like always when we reach such high prices.
hero member
Activity: 1022
Merit: 725

[...]

https://s29.postimg.org/fcow91wpz/last_chart.jpg

I mean how can anyone see a pattern in this shit? Or math? Or moving averages? Its just 100% news based.

[...]



Basically what happened was that someone tried to manipulate and tried to push the price down. And instead of a minor expected correction, we suffered a wobble and a distortion. And the entity(s) that did this lost a lot of money in the process. And the slow growth that is happening now is a thing that most winners feel after winning, meaning "mercy" or some kind of hesitation to finish the job mercilessly with a cold and swift grip.  Cheesy  Cheesy

So it would be another entity that break 1200$ and still cold an switf grip! Or most likely the 1st one still try to down the price.
STT
legendary
Activity: 4102
Merit: 1454
Its natural for there to be a pattern to price movement like the tide leaves a print in the sand, its not always clearly the same but its not as simple up down on news either.   Especially as much news is anticipated, its arguable future growth in bitcoin is already in the price now.   When you examine a chart especially forex do its in 4hr bars and you will match the influence from each part of the world better.

Im not sure how bitcoin is not fungible, doesn't that just require each part is interchangeable.  Bitcoin is a liquid system, able to retain its value even.  Its purpose or abilities is not different from the beginning ?


Price has again regularly stepped higher.  1240 to 55 is more resistance.  The chinese chart looks more accurate I think in that its sideways and from this it does not appear to be bitcoin will rise especially now, the late march high seems a reasonable point for it to rest.    Chinese yuan has done better as of late, which helps keep a lid on currency flows to alternates such as bitcoin.  $1100 I think is reasonable place for price to reset to on any falter or if leveraged speculation reduces
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