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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19895. (Read 26608495 times)

legendary
Activity: 910
Merit: 1000
2 million $ worth of longs added on bitfinex in the last 12 hrs, total near $26.5 mil . Shorts below 8k btc.

If that isn't a recipe for a crash, I don't know what is. When the price starts dropping, there will be margin calls.
I will admit, I shouldn't have sold at 450. I should have waited for 465-470. That doesn't change the fact that this leverage fueled rally is not sustainable, and will end with a massive move downward. Get out now, or lose all your gains.

What exchange are your bids on?

finex
Why do you ask?

Seems like your pushing your own agenda trying to get people to sell so you can buy back in and minimize your losses.
hero member
Activity: 798
Merit: 531
Crypto is King.




Speaking of the bar car, man can't live on Bitcoin alone. All this popcorn has been making me thirsty.

The lame open-mike improv "comedy" at the local bar should be done by now and the band should be starting soon. I think I'll go have a frosty Guinness or two (or several).

Hopefully we'll be over $470 by the time I get back. Go Bitcoin go.


You're not even gone yet Cool $475

2 million $ worth of longs added on bitfinex in the last 12 hrs, total near $26.5 mil . Shorts below 8k btc.

If that isn't a recipe for a crash, I don't know what is. When the price starts dropping, there will be margin calls.
I will admit, I shouldn't have sold at 450. I should have waited for 465-470 $475. That doesn't change the fact that this leverage fueled rally is not sustainable, and will end with a massive move downward. Get out now, or lose all your gains.
FTFY
legendary
Activity: 1652
Merit: 1029
sr. member
Activity: 392
Merit: 250
Buy support is stronger than I thought around here on finex. I look at their volume with more weight because I don't see obvious bot shenanigans. That said, many of these recent rally songs seem to be led by china.

I will raise a hearty toast when we hit $502? something and JJG's break even party.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
lol what the fuck is happening to price???


UP, of course.

Don't you recall that BTC prices have been suppressed for a year, and maybe even 18 months?

its good to see to bad a isold tho.


Are you kidding?  I thought that you only trade a few percentage of your holdings, maybe 10% at most?


Even though it is possible that we may witness a $40-ish correction, this is really no time to be selling significant portions of your BTC holdings...

maybe sell a bit here and there as insurance, but NOTHING significant that would cause you to worry if the price were to keep going up, which it very much may do.




legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Speaking of the bar car, man can't live on Bitcoin alone. All this popcorn has been making me thirsty.

The lame open-mike improv "comedy" at the local bar should be done by now and the band should be starting soon. I think I'll go have a frosty Guinness or two (or several).

Hopefully we'll be over $470 by the time I get back. Go Bitcoin go.
legendary
Activity: 1260
Merit: 1116
2 million $ worth of longs added on bitfinex in the last 12 hrs, total near $26.5 mil . Shorts below 8k btc.

If that isn't a recipe for a crash, I don't know what is. When the price starts dropping, there will be margin calls.
I will admit, I shouldn't have sold at 450. I should have waited for 465-470. That doesn't change the fact that this leverage fueled rally is not sustainable, and will end with a massive move downward. Get out now, or lose all your gains.

What exchange are your bids on?
hero member
Activity: 798
Merit: 531
Crypto is King.
lol what the fuck is happening to price???
gentlemen.gif, bullzonparade.gif, lulzatn00bzthatsold.gif
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
lol what the fuck is happening to price???


UP, of course.

Don't you recall that BTC prices have been suppressed for a year, and maybe even 18 months?

its good to see to bad a isold tho.
legendary
Activity: 1260
Merit: 1000

$17k in 2025 seems way low balling it.  Before the next 2008 financial crash, we will likely see another bull run to take BTC to 3k-10k.  When the price is already at levels that high, the financial crash will create a true black swan event to turn Bitcoin into one of the biggest currencies in the world.  All of that stuff is going to happen long before 2025.

People really think the drive to Walmart economy is going to last another 10 years? lol
legendary
Activity: 1792
Merit: 1047
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
lol what the fuck is happening to price???


UP, of course.

Don't you recall that BTC prices have been suppressed for a year, and maybe even 18 months?
legendary
Activity: 1260
Merit: 1116
lol what the fuck is happening to price???

It seems we're rich. Roll Eyes

.gif
legendary
Activity: 1624
Merit: 1008
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
lol what the fuck is happening to price???
sr. member
Activity: 392
Merit: 250
2 million $ worth of longs added on bitfinex in the last 12 hrs, total near $26.5 mil . Shorts below 8k btc.
legendary
Activity: 2198
Merit: 1000
This train aint driving backwards. It only makes stops where some passengers get off and others join the ride.
Question is how far are you planing to travel or you plan to get out at next station?

I've got a sleeper next to the bar car.  Grin
lol, that's very convenient  Grin
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
This train aint driving backwards. It only makes stops where some passengers get off and others join the ride.
Question is how far are you planing to travel or you plan to get out at next station?

I've got a sleeper next to the bar car.  Grin
legendary
Activity: 2198
Merit: 1000
IDK but the psychological effects of seeing 500 and the attention BTC might get could help hold the price up... just a thought. I know I would be astounded if it does lol
legendary
Activity: 1624
Merit: 1008

question is: what happens at 500$?

i can't imagine us going through it just like that. correction is very likely, maybe down to 450 again...

If it does then cheap coinz!! Grin Grin
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