Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2492. (Read 26710955 times)

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With all the bullish MSM sentiment lately just 17 days into the new year, it looks like Powell flipped his sign this year to "Up Year".  

I guess that's good for all markets though, including bitcoin.

"A rising tide lifts all boats."

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Ok well that makes my point about shorting redundant then. If you're looking for a fair price to sell from the past 6+ months of trading at the lows then you certainly found it, can't argue with that. DCA would have got you an average price of around $19.5K, so hopefully you're selling a profit. And as the old saying goes, nobody ever went broke selling at a profit. I just hope you aren't banking on pricing falling lower after this, because right now it looks like a coin flip to me as well as others, until there is further confirmation to the upside or downside. Not sure what your "fair price" is, but right now realized price is sub $20K.

Personally I think Bitcoin is due a 10% correction to around $19K, which is bottom of the previous accumulation zone, that'd also be my short-term shorting target (as well as a target for longs). If price instead continued onto around $25K then I'd expect a deeper correction of around 20%, but therefore this'd be a higher price around $19.5K / 200 DMA. Likewise if for some crazy reason price went further parabolic to $30K, I'd expect a 30% correction to around $21K / current prices. The irony being that price continuing to the upside would deserve a deeper correction for sure, but these prices would still likely be higher.

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Absolutely. They should do the survey with that question instead of "do you own Bitcoin"

Posting almost the same joke shahzadafzal posted 2 hours ago...  good work buddy...

would you do me a favor:
if you don't really read this thread, please stop posting here... have a little respect for this place


@sirazimuth ...I'm really giving my best to not sound condescending in cases like this... but it's hard man...

2% in ape NFTs and memecoins :d


That graph lacks the most important thing : do these people own the keys ?

WO's user Which pattern #Bitcoin BTC show?? 



https://twitter.com/CarlBMenger/status/1615113526078590976?t=lTHddVSNuHOGH2gIktaN4w&s=19

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Guys did you see tits this... If you look closely, there's a W... W for Win ... W for Wall observer

https://www.reddit.com/r/Bitcoin/comments/10du9y2/if_you_look_closely_theres_a_w_so_this_means_a/

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Yeah Mate also thanks helping hand for rangking up.


I strongly never support "Bitcoin cash", when I made that post was I a new member and had no idea about anything. I misplaced the post for my apology.

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Wow!!!!  You are even more amazing than I originally had thought TrustedBitcoiner, especially since you are not using leverage..

That's good.. I think.





It's like being dumb, but less dumb.

 




What else would we do in this thread if we did not have actual real world examples to share their experiences (of what not to do) herein?

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I don't play those kinds of games... From my perspective, it is not even bettable hardly... including that I have systems in place in which I never have to try to guess about which one comes first because I have orders to buy that go down (starting at about $19.5k - ish - and I have a few play buy orders higher than that).  Currently, my BTC buy orders are about in $500 increments, and currently they go down to $10k.. but of course, I would prefer that NONE of them execute.. especially anything at or near $15.5k or even below that.  

In regards to me BTC sell orders the next one starts at $21,600-ish.. and those are becoming increasingly larger price increments.. and really relatively small amounts, historically speaking.  I had previously calculated that I had sell orders that sold about 1.3% of my BTC stash all the way up to doubling of the BTC price from about $17.5k to $35k, so that is pretty historically low amount for me and somehow it worked out like that when I have had the ability to sell up to 10% of my BTC stash for every 2x.. but it seems that I have not been close to those sell limits for years and years and years... and until I did the quickie calculation a week ago or so, I had not realized how low my BTC sell amounts had become. and I think that it has to do with how historically low our recent BTC prices have been.. especially since after about June 2022 when we got close to the 200-week MA and then dropped below the 200-week MA and had a lot of difficulties getting back above it.. which surely seems to have somewhat subconsciously inspired my towards biasing my system pretty heavily in favor of BTC buy orders that I would prefer NOT to have executed, but they are there.. just in case.. just in case..

but who knows?  who the fuck knows?  and really it just seems over the long run we are inclining up.. but not even that is guaranteed so I am not going to fuck around with trying to figure it out.. just keep my system in place protect myself for either direction while at the same time maintaining the preference for UP.. so in that regard, it feels way better to be bouncing around in the lower $20ks (even though we are still below the 200-week moving average that is currently slightly above $24.5k than it felt just a week ago when we were were bouncing around in the $16ks, and diptwats like TrustedBitcoiner was telling us how he was shorting at $17k and expecting down before up and at first he was saying $16.7k but then he upped it to $16.9k.. so cannot really rely on losers like that who are fucking around for change and also failing/refusing to pee pare his lil selfie for up because he is too busy trying to pick up pennies in front of a steamroller and imaginging his lil selfie to be the steamroller rather than the one who is getting smushed like a bug.


Fuck shitcoins and crypto.


Wow!

You sound new here.  There is a lot more that we can do than what you are describing.

Have you ever heard about time in the market is more important than timing the market?  If so, do you know what it means?

Largely it means that you spend years and years and years establishing your BTC position, so that you don't need to fuck around trying to guess about if you are sufficiently and adequately prepared for UP.  

In udder words, you should already be sufficiently and adequately prepared for up..


but I suppose if you be a newbie, you have to work on establishing your position, so hopefully you won't lose too much while you are fucking around hoping for (and betting on) DOWNity that may or may not end up happening either in the direction or the degree that you are anticipating in terms of "has to happen."


Yep.. I recall that we had some back and forth DMs around that time (with you as Crypt0S0ul, and I think that I found out that you were AnotherAlt and then somewhere later down the road a couple other alts, including naim027.. so yeah, not exactly inspiring confidence regarding what you were up to), and our DMs were somewhat weird, and I did suggest that you delete the post that had described that you, as Crypt0S0ul, had sent dust amounts to various members that you had named (which I think were the same ones referenced in Homer's post) - which you did delete that post.  

Anyhow, all strange to me, and I am not even sure why you did any of that in the first place, even though you do have the story that you as Crypt0S0ul were excited about receiving some extra money blah blah blah.. so yes.. that was your seemingly weird story back in September, too.. including I recall that you were trying to shirk some of the responsibility onto me for what you had done.  Again, not exactly clear what you were up to in that whole sending of uninvited dust amounts, as Crypt0S0ul.


He doesn't really inspire much confidence (including the multiple alt accounts that were hidden and then revealed and even barely getting unbanned and some weird stuff like that) that's for sure.