Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2390. (Read 26713663 times)
February 21, 2023, 12:01:17 PM
February 21, 2023, 11:01:17 AM
February 21, 2023, 10:23:10 AM
That certainly looks like the triple top I was talking about the other day. If you didn't get in at $16K when it bottomed almost exactly in line with the 4-year cycle expectations and you're still on the sidelines, you're going to want to be buying this pullback. While a double top is commonly considered a bearish sign, a triple top is considered bullish. Basically, it means that the buyers aren't being discouraged and will continue to accumulate at high prices. This likely indicates that resistance isn't going to hold and we will move above $25K in the coming weeks. Looking at the chart, it appears highly likely that we're going to see $30K next month. Whatever you do, don't short this market.
Have you got any old charts that show a triple top? I do not doubt what you are saying is true but I would like to analyze it and determine how high we could go based on historical increases after a triple top. 
February 21, 2023, 10:09:06 AM
Well, That's a good idea to teach them about Bitcoin. Not sure which grade it is. But, If they teach to all grade students.
That would be appreciated. Not sure if it's on all schools or only on one school. Even if it's on a One specific school. Claps for this school.
February 21, 2023, 10:01:21 AM
February 21, 2023, 10:00:21 AM
Never knew this was a thing on job adverts. The fact they still keep this charade up 2 years on.
What a bunch of tossers.
What a bunch of tossers.
Quote
This job requires you to provide your COVID-19 vaccination status with supporting documentation, where legally permissible.
I thank my overlords daily for ensuring that my colleagues and I have a small yet insignificant probability of remaining virus-free and allowing us to remain employable. They are so benevolent.
February 21, 2023, 09:28:03 AM
Somebody does not want us to break through 25k and it is starting to piss me off.
My guess is that one of the many crypto ponzi companies needs more time to buy some of their customer coins back to prolong the life of their ponzi.
My guess is that one of the many crypto ponzi companies needs more time to buy some of their customer coins back to prolong the life of their ponzi.
On lower time-frame we already had the tests of resistance x2 with ascending support (higher lows x2), so was one step away from confirming ascending triangle structure. It's hardly surprising as on macro time-frame $25K is resistance (so price get's rejected short-term). On lower time-frame, price remains bullish, so there are higher-lows. I'm very grateful it's panning out like this, even if fifth day testing $25K now.
Breakout target is +6.6% to $26.8K, so much better than popping above $25K and facing strong selling pressure up to $26K, then getting rejected. Ideally bears will be taking a step back once the third touch-point of support is confirmed. Nothing to do with anything else imo. Dotted line is otherwise how the triangle could form, but otherwise conservatively price could re-test around $24.2K and still be within bullish structure.
That certainly looks like the triple top I was talking about the other day. If you didn't get in at $16K when it bottomed almost exactly in line with the 4-year cycle expectations and you're still on the sidelines, you're going to want to be buying this pullback. While a double top is commonly considered a bearish sign, a triple top is considered bullish. Basically, it means that the buyers aren't being discouraged and will continue to accumulate at high prices. This likely indicates that resistance isn't going to hold and we will move above $25K in the coming weeks. Looking at the chart, it appears highly likely that we're going to see $30K next month. Whatever you do, don't short this market.
February 21, 2023, 09:01:17 AM
February 21, 2023, 08:56:58 AM
Well, That's a good idea to teach them about Bitcoin. Not sure which grade it is. But, If they teach to all grade students.
That would be appreciated. Not sure if it's on all schools or only on one school. Even if it's on a One specific school. Claps for this school.
As you can see in the picture. They are high school students. I believe they are over 12/13. But I don't care if they are under 12 as well. This is just a learning process. As I said previously in many other threads, let them learn about bitcoin, and its features. Let them decide if they want to adopt bitcoin or not. No one will force them to adopt bitcoin. This is just a learning process. We have learned many things in school,, but don't use everything we learned. We choose our path, and they will do the same. It's important to let them know how important privacy is. Why Privacy is important and how they can get benefitted from this. How secure Bitcoin is and why banks and exchanges and less secured. If they learn, they will decide themself.
February 21, 2023, 08:43:22 AM
Somebody does not want us to break through 25k and it is starting to piss me off.
My guess is that one of the many crypto ponzi companies needs more time to buy some of their customer coins back to prolong the life of their ponzi.
My guess is that one of the many crypto ponzi companies needs more time to buy some of their customer coins back to prolong the life of their ponzi.
On lower time-frame we already had the tests of resistance x2 with ascending support (higher lows x2), so was one step away from confirming ascending triangle structure. It's hardly surprising as on macro time-frame $25K is resistance (so price get's rejected short-term). On lower time-frame, price remains bullish, so there are higher-lows. I'm very grateful it's panning out like this, even if fifth day testing $25K now.
Breakout target is +6.6% to $26.8K, so much better than popping above $25K and facing strong selling pressure up to $26K, then getting rejected. Ideally bears will be taking a step back once the third touch-point of support is confirmed. Nothing to do with anything else imo. Dotted line is otherwise how the triangle could form, but otherwise conservatively price could re-test around $24.2K and still be within bullish structure.
February 21, 2023, 08:35:40 AM
Well, That's a good idea to teach them about Bitcoin. Not sure which grade it is. But, If they teach to all grade students.
That would be appreciated. Not sure if it's on all schools or only on one school. Even if it's on a One specific school. Claps for this school.
February 21, 2023, 08:15:38 AM
Well, That's a good idea to teach them about Bitcoin. Not sure which grade it is. But, If they teach to all grade students.
That would be appreciated. Not sure if it's on all schools or only on one school. Even if it's on a One specific school. Claps for this school.
February 21, 2023, 08:01:17 AM
February 21, 2023, 07:23:45 AM
The news and so on, positive or not cannot directly be said to move us up or down as usually they find the story for why after the action has occurred. BTC is trying to find a new high for this year, its gone sideways a few days. Just attempted a new high and lost $500 in 15 minute bars, bouncing off its range bound edges.
The news certainly affects the btc price look at how FTX affected us. A lot of people panic sold when the news broke but I agree that small news does not affect us as much as it did many years ago but any big news like a exchange going bankrupt or stealing members money is going to negatively affect the price. Hopefully we have passed that stage and we no long have people storing money on online accounts so when it does happen again it does not affect as many people and people do not lose confidence in btc because of their mistakes.
February 21, 2023, 07:06:35 AM
JUST IN: 🇨🇳 China supports 🇭🇰 Hong Kong's plans to become a cryptocurrency Hub - Bloomberg
How will this affect #Bitcoin ?👇
https://twitter.com/BitcoinNewsCom/status/1627994091337252864?t=60wTcS97NUAMz31XOsy-1w&s=19
How will this affect #Bitcoin ?👇
https://twitter.com/BitcoinNewsCom/status/1627994091337252864?t=60wTcS97NUAMz31XOsy-1w&s=19
Fool me once, shame on you.
China has no credibility over policies in Hong Kong: https://www.forbes.com/sites/robertolsen/2021/03/14/uk-says-china-breached-hong-kong-handover-treaty-for-third-time/?sh=1e6ae0362cb4
February 21, 2023, 07:01:21 AM
February 21, 2023, 06:33:11 AM
JUST IN: 🇨🇳 China supports 🇭🇰 Hong Kong's plans to become a cryptocurrency Hub - Bloomberg
How will this affect #Bitcoin ?👇
https://twitter.com/BitcoinNewsCom/status/1627994091337252864?t=60wTcS97NUAMz31XOsy-1w&s=19
How will this affect #Bitcoin ?👇
https://twitter.com/BitcoinNewsCom/status/1627994091337252864?t=60wTcS97NUAMz31XOsy-1w&s=19
February 21, 2023, 06:01:18 AM
February 21, 2023, 05:13:59 AM
Never knew this was a thing on job adverts. The fact they still keep this charade up 2 years on.
What a bunch of tossers.
What a bunch of tossers.
Quote
This job requires you to provide your COVID-19 vaccination status with supporting documentation, where legally permissible.
if you wanna make a living, put in your body what we tell you to...
February 21, 2023, 05:01:16 AM
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