Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2348. (Read 26712851 times)

Probably not as much as you'd think. My trading account is still <1% since FTX crash, compared to the 10-15% when in bull market mode. So you could say I 99% don't care that much right now.

Fyi I'm more of a shitcoin trader for more satoshis than a bitcoin trader for more satoshis or fiat, but sometimes small opportunities present themselves. Also those shitcoin opportunities only realistically come around once every 4 years, much like getting cheap Bitcoin to be honest. I guess you'd know all about shitcoin opportunities with Litecoin and Dogecoin hehe.


Maybe, maybe not. They have in the past, doesn't mean they will in the future though. It's about 50/50, a coin flip you could say, but when they are right the targets are usually pretty accurate. The targets and risk to reward are the only points that really matters to me. I don't trade 2:1 risk reward ratios for break-even trading, only 3:1 min or more like 4:1. So being right 50% of the time is more than enough.


You could call it that, sure. Short-term bearish to $20K doesn't inevitably mean long-term bearish to $10K basically. Instead turning 200 DMA and $20K into support would be very bullish imo. A lot of people are under the impression that rejection from $25K means new lows sub $15K. Or that returning to $20K would be bearish, whereas it really wouldn't be if it becomes a higher low.

Bottom line is I'm not of those longer-term bearish opinions, that's more of less the TA here. That and 2019 fractal that we followed for a few months is breaking down piece by piece. Ideally my TA helps to avert some panic selling if bears get the upper hand in coming days/weeks, that's probably my main priority if I'm honest, as I see another bear trap around $20K to be quite likely right now.

What would be really nice if this was actually true.

Until you see past the game laid out for us to be played you will merely be a cog in the machine.

Good stuff and inventions are made all around the world and then are stolen by the US and their closest satellites. Now this is changing. Fast. Russia is putting an end to the neocolonial world order.

I wonder who that girl was that plastered the art to the wall?

as long as they can hold up for say 5 minutes thats plenty of time to get the house on generator power. any longer is a bonus.

what you say about peeps thinking a UPS will give them hours of run time true. not sure if they just dont read the specs or maybe they do and just dont understand it.

once i ran the just the network video recorder on the racked APC while it was unplugged. i think it showed maybe a 60 watt load (power over ethernet cams).. figured i would last many hours. nope.. maybe 1 hour or so. when i plugged the UPS back in it cycled half a dozen times clicking away like mad. everything hooked to it was fine. but i was wondering if it was going to explode or something. after a while it calmed down, but it was not very impressive when you arent expecting it.

https://twitter.com/streetcyber_art/status/1631428181973516288?s=46&t=1pkPzC1FtXIsCLMoTb1G1Q

How many hours are they suppose to run if it is not 24/7? You can laugh at me if you want Any brands you recommend that are more durable then the usual ones that cause problems?

Probably a good dip to buy but who knows when the next cryptocurrency company decides to fuck their customers with their irresponsibility and drive the price down again.

I've overloaded these as well, I really didn't expect to use these UPS for anything else but the following...

1. Stay running for the occasional brownout.. Little flicker off and on.
2. approx. 5min of runtime during a blackout, then power off all servers if power isn't restored.
3. Filter AC power for Pure Sinewave (Hardware longevity)
4. Surge protection

It is a pain to work with them.. they are heavy and awkward because the are small with no handles... Pulling them out of a data rack is no easy task. So I did put this off for a few months. But today I was mentally prepared!

I sometime do laugh when clients think they are meant to keep their server running for hours and hours, like a generator. I told them these are just entry level UPS for the above and if you want something that will run for hours, expect to be paying 50-100x more and build me a new server room to house it!

I have one more at another clients place, 5 years old and same issue... I also replaced another 2 in December 2022...

I have more than 50 of these units scattered all around. So it is a never ending job replacing batteries!

Explanation

i have 3 of those APC 1500VA sinewave jobs - one rack type and 2 box types that sit on the floor looking big and ugly (so says my wife).

one in the rack (main network, freenas box and NVR) , one on the HTPC and associated audio/video gear and one on the daily driver computer. the "unplug it" test i just did works on them all but i didnt time them, i just pull it for maybe 30 seconds with about 1/2 load.

but yeah new batteries for all of them is on the list as theyre all 4ish years old.. just been lazy as they are (intentionally) way overpowered for the load i have them hooked to.

anything worth doing is worth overdoing i figure.

Why so hostile? If more people are innovating with cryptocurrency it means that more people are going to adopt it. I do not think that Europe or USA are the leaders in innovation I guess you are from a western country and listen to what the news wants you to think. Asian countries have done a lot of innovation and their economies are growing because of the innovation.

Those charts a big part of your life?

Do you really think they help you calculate what will happen next?

Or are they a way to cope because "the future is not ours to see Que Sera Sera"

https://www.youtube.com/watch?v=xZbKHDPPrrc

I do not like this version of JayJuanGee

I like it when people are more optimistic then me

Similar to previous fractal from last week, here is my short-term worst case scenario with mid-term best case scenario: $20K by end of month but $30K by June:

Price is breaking below the 50 Day MA, to me it doesn't look like there will be the imminent breakout above $25K this month anymore, unless price is to close back above $23K in coming days (reclaim 50 DMA). With this breakdown, short-term bulls take profits and turn bearish imo. 200 DMA at $19.7K (trending slightly downwards) would be the next target after a failure to turn the 50 DMA into support post golden cross.



An initial bounce from $21.5K area, previous resistance turned support seems likely on the way down, as shown in fractal and below, but imo will be unlikely to reverse price back to $24K levels, maybe $23K at best instead (accumulation turned distribution zone). Unless there is a dramatic change by end of day, closing back above 50 DMA, then I'll be leaning bearish short-term, still bullish mid-term.



The last thread of hope for the bulls remains this bullish channel with higher highs and higher lows, as well as initial cloud support after bullish crossover. So while I do think price can find short-term support from here, I also think $23K (volume point of control) will act as strong resistance with the 50 Day MA now flattening out at this level to act as confluence of resistance level.

As a reminder, this week price was rejected by the 50 Week MA for the third consecutive week at $24K, confirming this moving average as a strong level of resistance.

that is the best way to test the unit... self tests are meh.

Honestly all the Groundbreaking stuff and Inventions and all the good stuff made and used is Created in Europe or USA or Canada. So if UAE decides to do something with coins and blockchain it literally means nothing.

Meanwhile in Russia


https://www.facebook.com/watch/?v=607586315956473&extid

Explanation

Another drop in price as a result of irresponsible management of customer assets. I think this is a good dip to buy as the remaining stragglers of insolvent entities get flushed out of the system. The days of being able to buy BTC below $25K are numbered so if you’ve been on the sidelines waiting for an entry point, this is probably one of the better opportunities you’re going to get.