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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17945. (Read 26709771 times)

sr. member
Activity: 854
Merit: 262
Bitcoin warning lol that's nothing. This btc rise was due to yuan weakness and the btc dump was caused by yuans one day record breaking pump. The correlation between the two are the main factor for Bitcoin. Imagine how high our btc rally could have went if the yuan didn't have that extremely rare increase right in the middle of our celebration
legendary
Activity: 2842
Merit: 1511
Listen. I want btc backup in the moon as much as the next guy but after that kind of pump I think its going to take months before we find the floor and start coming back up. But im not a professional trader so dont trade on my advice or opinion please.

I think it's rather unlikely that I'd trade on anyone's advice or opinions tbh  Wink

This is a potential bottom of this move for me. Volatility on the log scale is similar to other two rallies (500 and 780) and we're near to support. Whether there'll be a continuation of the bull trend is another question.
legendary
Activity: 2268
Merit: 1278
Huh. Well this is a nice surprise. Recently I sold some coins that I had really wanted to hold on to for longer to get better liquidity. Sold em at just under 900 euro at the time. Time to buy some of them back. Nom nom.
sr. member
Activity: 854
Merit: 262
Yuan just had its biggest one day increase in a decade. That will fade quickly.
hero member
Activity: 728
Merit: 500
Never ending parties are what Im into.
3 big red dildos aren't going to stop me from buying right now

Good luck my friend.
legendary
Activity: 2044
Merit: 1005
Its going down further. Look at how that daily closed.

Maybe, the ask side is pretty damn thin now though. Shorts will probably want to take the opportunity to close in this range as we're approaching the trend line which has proven strong support.

Listen. I want btc backup in the moon as much as the next guy but after that kind of pump I think its going to take months before we find the floor and start coming back up. But im not a professional trader so dont trade on my advice or opinion please.
Good analysis your on the right track
sr. member
Activity: 574
Merit: 251
we are screwed if it goes lower than 800 right?
sr. member
Activity: 854
Merit: 262
3 big red dildos aren't going to stop me from buying right now
hero member
Activity: 728
Merit: 500
Never ending parties are what Im into.
Its going down further. Look at how that daily closed.

Maybe, the ask side is pretty damn thin now though. Shorts will probably want to take the opportunity to close in this range as we're approaching the trend line which has proven strong support.

Listen. I want btc backup in the moon as much as the next guy but after that kind of pump I think its going to take months before we find the floor and start coming back up. But im not a professional trader so dont trade on my advice or opinion please.
legendary
Activity: 2842
Merit: 1511
Its going down further. Look at how that daily closed.

Maybe, the ask side is pretty damn thin now though. Shorts will probably want to take the opportunity to close in this range as we're approaching the trend line which has proven strong support.
hero member
Activity: 728
Merit: 500
Never ending parties are what Im into.
I really hate  to say it , but the next 24h are critical!
请您爱比特币吧!

Its going down further. Look at how that daily closed.
sr. member
Activity: 854
Merit: 262
Relax everyone! This was exactly what many experts expected. We will have some sideways action for a few days now before moving back up to the 900-1000 range where it will stay for January.
Don't panic lol
full member
Activity: 280
Merit: 100
I really hate  to say it , but the next 24h are critical!
请您爱比特币吧!
legendary
Activity: 2842
Merit: 1511
So, looks like we're going right to the edge of the cliff again. Fantastic...
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
If the PBOC can basically come in and dictate price policy to exchanges that control 90% of trading...then what good is it?

This is fixable. Hopefully, Bitcoiners will come to realize that using these crap exchanges is detrimental to their financial well-being. Then the 'problem' will fix itself.
sr. member
Activity: 373
Merit: 250
Lovin the highs and lows here in the speculation thread. I'm talking moods not price.



It's quite pathetic really.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
i'll gladly buy low got 10K?


Yeah, right...


Define:   "low"

We don't know what is "low" yet, do we?    Surely, I would like to see this reverse... but I don't know the target.. seems like it may be into the $700s or lower, but there may be some reversal at some point before reaching $700s? 

Maybe below $600 is low?  That is where we started this rally, more or less in early October.

i was thinking like 820
but hey ill buy at 600!


You should have bought at $840 (that is 2x $420)... hahahaha...

I sure hope that it does not go to $600   - but I do have some fiat waiting (or at least I think that I do in the event that we go that low, but even if we go that low, can we really put everything in at that price (don't we have to be prepared, just in case if it goes lower?  ) 

We will probably know "low" when we see it because usually there is like a 10k BTC dump right before it reverses, no?
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
ran out of wine.....

good luck gentlemen, this is it!
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Lovin the highs and lows here in the speculation thread. I'm talking moods not price.



Waht do you expect?


This is a thread about price, and if the price goes down the mood goes down, ... vice versa


You cannot relate, mate?

No I can't relate. I'm all happy. Why the sadness? We all made money didn't we? Now we can rinse and repeat.

Not everyone made money, and some folks bet in the wrong direction, so they have more panic.

There are ways to protect your holdings of course, but not everyone is able to carry out a plan that ends up being profitable.

empathy is sometimes needed, even when we are on the internet, because we come from a lot of perspectives and people participate here in part to attempt to figure out different perspectives about a topic that is of interest (BTC price speculation) which are certainly abundant.



I was insensitive. For that I apologize. Bitcoin can be a mean bitch.


You are human... .. hahahahaha... Thanks for recognizing that.... I'm no bleeding sensitive person, but these are real people who invest in this, and these dumps (or dips or whatever we are going to call them), can have very serious impacts, even for folks who attempt to prepare for them.  They have a tendency to overshoot, and there is really no explanation beyond the fact that someone else holds a lot of coins and is willing to dump them.....

Anywhooo I certainly attempt to prepare and take advantage of these kind of situations and adjust my plans, but even i get a bit worried because I have friends and family who have also invested in bitcoin because of my example.. which can also cause me to feel bad if they make mistakes and buy or sell at the wrong time.



legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
OK BOYS
BITCOIN IS DEAD

you know what to do

Note to self: remind killerpotleaf of this post when he/she rebuys precious at $1300.
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