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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17913. (Read 26686394 times)

legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
legendary
Activity: 3780
Merit: 5429
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Good morning Bifcoinland.

Still scrapping over $900 I see... currently $898USD (Bitcoinaverage). That's good old $888 at Stamp.

Do we get our third green daily candle in a row today?
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
since i not read everything here because i have limited time. so sorry if my question is already answered but i did't find an answer so far.

my question is about the image you post that we are in the 3rd wave... etc...
who say this waves are facts? based on what? we have someone here that predicts the future so well he can write down to us ? and this person in not in Latin America or somewhere drinking mojito etc?

don't take it wrong and start answering me ironic etc i really want to know how this is real Huh?

p.s. i am supporting BTC since the early days.....

This is not called facts, it is called speculation of the future based on theories and probabilities.

It doesn't matter if the person is drinking mojitos or not, you take any prediction with a grain of salt and come up with your own conclusions regarding what you believe to be more probable than not.

The future is unknown until we get there, then it becomes history and facts.  Therefore, anyone can come to any conclusion that s/he likes, and some conclusions are more realistic than others.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
since i not read everything here because i have limited time. so sorry if my question is already answered but i did't find an answer so far.

my question is about the image you post that we are in the 3rd wave... etc...
who say this waves are facts? based on what? we have someone here that predicts the future so well he can write down to us ? and this person in not in Latin America or somewhere drinking mojito etc?

don't take it wrong and start answering me ironic etc i really want to know how this is real Huh?

p.s. i am supporting BTC since the early days.....

time machine...paid for with bitcoins

in the future   Shocked
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
since i not read everything here because i have limited time. so sorry if my question is already answered but i did't find an answer so far.

my question is about the image you post that we are in the 3rd wave... etc...
who say this waves are facts? based on what? we have someone here that predicts the future so well he can write down to us ? and this person in not in Latin America or somewhere drinking mojito etc?

don't take it wrong and start answering me ironic etc i really want to know how this is real Huh?

p.s. i am supporting BTC since the early days.....

i would love to hear the poster's opinion on this also but as far as my knowledge goes this chart is a big speculation based on the analysis of the market cycles.
you can read about these things more here: https://en.wikipedia.org/wiki/Elliott_wave_principle
and here: www.investopedia.com/articles/technical/111401.asp
but i generally i do not like any technical analysis with bitcoin but many of the are correct to some extent.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
So MegaUpload 2.0 using bitcoins and Trump becoming the president both happen on January 20.

Bullish perhaps?

Also, if the price is $1500 by that date it will mean it will have doubled within a month. All past jumps in price started with the price doubling in a month.
legendary
Activity: 1834
Merit: 1520
Different EW theorists have varying wave counts. One Elliott Wave count that is as reasonable as any is by Paul Gordon of Coinscrum, who believes we are now in Primary Wave 3 of Grand Cycle I with a projected high of $9304.


Let's just hope that it ever happens, I don't think that it'll be possible even by 2020, maybe afterwards it'd happen, if the current trend continues.

However, it'd be great to see it, hoping bitcoin reaches that value in my lifetime.
ImI
legendary
Activity: 1946
Merit: 1019
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
since i not read everything here because i have limited time. so sorry if my question is already answered but i did't find an answer so far.

my question is about the image you post that we are in the 3rd wave... etc...
who say this waves are facts? based on what? we have someone here that predicts the future so well he can write down to us ? and this person in not in Latin America or somewhere drinking mojito etc?

don't take it wrong and start answering me ironic etc i really want to know how this is real Huh?

p.s. i am supporting BTC since the early days.....
legendary
Activity: 1358
Merit: 1016
Different EW theorists have varying wave counts. One Elliott Wave count that is as reasonable as any is by Paul Gordon of Coinscrum, who believes we are now in Primary Wave 3 of Grand Cycle I with a projected high of $9304.


Wow, I damn sure hope we're en route to getting into wave 3, that'd be a hell of a sight & very profitable for many of us.


This is pretty much one of MasterLuc's predictions


Edit. By the way LFC well done on the legendary
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Different EW theorists have varying wave counts. One Elliott Wave count that is as reasonable as any is by Paul Gordon of Coinscrum, who believes we are now in Primary Wave 3 of Grand Cycle I with a projected high of $9304.


Wow, I damn sure hope we're en route to getting into wave 3, that'd be a hell of a sight & very profitable for many of us.
legendary
Activity: 1806
Merit: 1164
Different EW theorists have varying wave counts. One Elliott Wave count that is as reasonable as any is by Paul Gordon of Coinscrum, who believes we are now in Primary Wave 3 of Grand Cycle I with a projected high of $9304.

legendary
Activity: 3431
Merit: 1233
It looks like the market was moving faster than I calculated and already completed A and we are now in B, possibly already after the top of it.
If the B scenario will become true, I expect to go sideways for the next 4 - 7 days, and then correct 30%, to about 660$ on western exchanges.

It looks like there is a sea behind that mountain or there isn't. Great prediction, tzupy. As always.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Support broken. Looks like we are in the middle of the second leg down of A.

Critical support broken, confirms we were in the middle. Bottom should be around 5000 CNY.

China won't drop right now, so either the last small part of the dump is truncated, or delayed for several hours. 5000 CNY would have been a bear's wet dream. Cheesy

I never margin trade, but this is a moment I would expect some smart types to go long.

You still think we have further to go down?

I am not criticising - given your recent prescience, I am asking.

Quite likely to go further down, but not right now. Go long only for scalping.

At last the Chinese dumped (as usually, started at 3.45 am my time, while I was asleep), probably completed the second leg down of A. This took too long and almost made me believe it was truncated.
If I am right and the third leg down is to come, resistance moved to about 6300 CNY. I am expecting a small bounce into that resistance, and sideways for two days, then the third leg down.

Right when the market was at an inflection point, ready to take the plunge and confirm the third leg down, a LTC pump started and BTC followed soon, so I don't know which way... Roll Eyes

The market has slowed down, and the Chinese established a critical support at 6100 CNY. If this will be broken, which could happen tomorrow, then the third leg down will be confirmed and A would end soon.

Support was broken just after I went to sleep, but so far it bounced, we'll see what happens during the next hours, will the drop continue or not? Huh
There is another possibility, that we already completed A and now we are actually during the B... The initial dump was so fast that it compressed the waves and made counting difficult.

It looks like the market was moving faster than I calculated and already completed A and we are now in B, possibly already after the top of it.
If the B scenario will become true, I expect to go sideways for the next 4 - 7 days, and then correct 30%, to about 660$ on western exchanges.

hahahaha


That is like your third revision...

Which is fair enough... this market is moving a lot, and sometimes it takes a while to get a grasp on it.

I kind of think that we had three legs of a down already, 1st leg down to $920, second down to $880, third down to $812; however, we have not really had a second test of the support at $812, which may or may not take place, but if there is another test of lower $800s and we get past that, then it's pretty much up from there...

On the other hand if support does not hold in the lower $800s, then I agree that $600s could be in the possible cards (again, not inevitable, but becomes more likely).

I am a little torn about this whole thing about whether another test of bottom is likely, and i am thinking that it is a bit more likely than not - maybe 51% ... .. yet we do have quite a bit of ongoing decent buying pressure... and it is a bit of a irritation to hear how much press the Chinese news is getting... and causing some discrediting of the value of bitcoin, when it is just another nonsensical china banning bitcoin story that has little to no actual legs in terms of negative substance (just negative hype, which may be enough in bitcoinlandia).
legendary
Activity: 1358
Merit: 1016
Yeah, he said sideways for a week and then down to $660
sr. member
Activity: 574
Merit: 251
Support broken. Looks like we are in the middle of the second leg down of A.

Critical support broken, confirms we were in the middle. Bottom should be around 5000 CNY.

China won't drop right now, so either the last small part of the dump is truncated, or delayed for several hours. 5000 CNY would have been a bear's wet dream. Cheesy

I never margin trade, but this is a moment I would expect some smart types to go long.

You still think we have further to go down?

I am not criticising - given your recent prescience, I am asking.

Quite likely to go further down, but not right now. Go long only for scalping.

At last the Chinese dumped (as usually, started at 3.45 am my time, while I was asleep), probably completed the second leg down of A. This took too long and almost made me believe it was truncated.
If I am right and the third leg down is to come, resistance moved to about 6300 CNY. I am expecting a small bounce into that resistance, and sideways for two days, then the third leg down.

Right when the market was at an inflection point, ready to take the plunge and confirm the third leg down, a LTC pump started and BTC followed soon, so I don't know which way... Roll Eyes

The market has slowed down, and the Chinese established a critical support at 6100 CNY. If this will be broken, which could happen tomorrow, then the third leg down will be confirmed and A would end soon.

Support was broken just after I went to sleep, but so far it bounced, we'll see what happens during the next hours, will the drop continue or not? Huh
There is another possibility, that we already completed A and now we are actually during the B... The initial dump was so fast that it compressed the waves and made counting difficult.

It looks like the market was moving faster than I calculated and already completed A and we are now in B, possibly already after the top of it.
If the B scenario will become true, I expect to go sideways for the next 4 - 7 days, and then correct 30%, to about 660$ on western exchanges.

I don't get it.

what's A and what's B? You saying this is going sub 800 and then going up? the handle thing?
legendary
Activity: 2170
Merit: 1094
Support broken. Looks like we are in the middle of the second leg down of A.

Critical support broken, confirms we were in the middle. Bottom should be around 5000 CNY.

China won't drop right now, so either the last small part of the dump is truncated, or delayed for several hours. 5000 CNY would have been a bear's wet dream. Cheesy

I never margin trade, but this is a moment I would expect some smart types to go long.

You still think we have further to go down?

I am not criticising - given your recent prescience, I am asking.

Quite likely to go further down, but not right now. Go long only for scalping.

At last the Chinese dumped (as usually, started at 3.45 am my time, while I was asleep), probably completed the second leg down of A. This took too long and almost made me believe it was truncated.
If I am right and the third leg down is to come, resistance moved to about 6300 CNY. I am expecting a small bounce into that resistance, and sideways for two days, then the third leg down.

Right when the market was at an inflection point, ready to take the plunge and confirm the third leg down, a LTC pump started and BTC followed soon, so I don't know which way... Roll Eyes

The market has slowed down, and the Chinese established a critical support at 6100 CNY. If this will be broken, which could happen tomorrow, then the third leg down will be confirmed and A would end soon.

Support was broken just after I went to sleep, but so far it bounced, we'll see what happens during the next hours, will the drop continue or not? Huh
There is another possibility, that we already completed A and now we are actually during the B... The initial dump was so fast that it compressed the waves and made counting difficult.

It looks like the market was moving faster than I calculated and already completed A and we are now in B, possibly already after the top of it.
If the B scenario will become true, I expect to go sideways for the next 4 - 7 days, and then correct 30%, to about 660$ on western exchanges.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
I am wondering about all the liquidity that there is now in most exchanges after the selloff... Would the majority just transfer the profits to their bank accounts or instead leave it there waiting to rebuy?
I have never transferred any amount back... it is just "bitcoin money" for me, but I am wondering if there is many people that do otherwise.... any hints?
legendary
Activity: 2338
Merit: 2106
guys, could you please stop quoting this magicbean. thx.
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