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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3385. (Read 26714528 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Area of interest upcoming... One potential bottom.  Volume is looking OK for it, but on a Saturday?  Meh?  Plus I think it gets worse.

But fibs from covid low to the ATH we have the 78.6 mark @ 17730 - 17901depending on exchange... if not a bottom we will see a bounce... might already be in really.  My fantasy bids are 18100 and 18200.

legendary
Activity: 1078
Merit: 1441
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
Bitcoin is approaching $18.5k and it's still going! It's lost got cheaper by nearly 2k today. Rip to any HODLers.

FTFY  Roll Eyes
newbie
Activity: 19
Merit: 0
Bitcoin is approaching $18.5k and it's still going! It's lost nearly 2k today. Rip to any HODLers.
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
https://cointelegraph.com/news/gbtc-premium-hits-34-all-time-low-as-crypto-funds-puke-out-tokens

Bitcoin institutional investors feels the pinch as GBTC sees a record discount of -34% all -time low.


Honestly, hedge funds and derivative junkies can fuck off and die in this bear market, imo.

EDIT: 200 BTC sellwall at $18.8k @stamp.
Tis capitulation?
hero member
Activity: 1022
Merit: 600
https://cointelegraph.com/news/gbtc-premium-hits-34-all-time-low-as-crypto-funds-puke-out-tokens

Bitcoin institutional investors feels the pinch as GBTC sees a record discount of -34% all -time low.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
moar pain, moar buy  Cool
checked in at the right time  Grin
legendary
Activity: 1078
Merit: 1441
Wow. What a dump.

Have one outstanding order to execute at $18,500 before I load up more fiat for laddering down further.

I feel so fucking alive!


....and boom, that one will have now filled also
hero member
Activity: 938
Merit: 1891
bitcoin retard
This whole nonstop mass selling without allowing any bounce looks so fake...
Who in his right mind would sell like that  Roll Eyes

Feels like pure manipulation to bring the price down. 

I could be wrong, but it really looks like they wanna do it quickly, like they are in hurry...
hero member
Activity: 1008
Merit: 724
Wow. What a dump.

Have one outstanding order to execute at $18,500 before I load up more fiat for laddering down further.

I feel so fucking alive!
A pretty good time to live Cheesy
Check your portfolio to see if you need to add in a big discount. It would be a pity if this was allowed to go away because indeed while waiting for the strongest support there, there is nothing wrong with increasing the load little by little.
legendary
Activity: 3388
Merit: 3514
born once atheist
legendary
Activity: 1078
Merit: 1441
Off topic (on topic is depressing)  Pro tip for today...
When ordering at a fast food joint and the server has a name tag like Chianti, Janelle, Phelipi, or Erez, (or some such nonsense),
has permanent, illegible bumper stickers plastered all over both arms,
is sporting giant hula hoop earrings, and you are hard pressed to tell what biological parts they are packing.....
....check your order before leaving.


mega lols
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
Wow. What a dump.

Have one outstanding order to execute at $18,500 before I load up more fiat for laddering down further.

I feel so fucking alive!

I have something for you buddy 😁😁😁

legendary
Activity: 3794
Merit: 5474
Good morning Bitcoinland.

Another day, another leg down... currently $18862USD/$24572CAD (Bitcoinaverage).

Still waiting to see how this goes. What a week.
___

It looks like I may have to pass on the house I was planning on buying. I'd rather forfeit my $70k deposit than sell another $1.3m+ at these prices.

When I signed the purchase-sale agreement, Bitcoin was worth over $40kUSD. I started to DCA my BTC liquidation and was about a third of the way there after selling another 5BTC last week (June 6-10). I planned to sell another 3 coins on Monday and more again on Friday (yesterday) but backed off when I saw the dip. I consulted my main OTC connections who said they were also suspending business until things stabilized a bit. Now it's almost a week later and there's no rebound in sight.

The house is what I'd been looking for... ideal downtown location, income potential (AAA tenants in place), fully renovated, rooftop garden, etc...
but I'm not going to gut my BTC nest egg to buy it. I don't want to ever have a mortgage again. I learned that lesson over 30 years ago when my cheap 6.5% mortgages jumped to almost 20%. I laugh at kids who bellyache about single-digit inflation. I swore I'd only ever pay cash. Credit is a scam.

My BTC stash is still enough to live happily ever after. I want to keep it that way.

I know that must have been a hard decision, but good on you to make the right choice for you. I'm sure you'll get another chance to own such a property in the future.

If it is any consolation, we had to do a similar thing. We punted on a major expansion project on the house that we had been planning for two years now. My SO and I said the same thing: "No way that we are going to sell any btc at these low prices to finance that project." And the irony? After waiting all this time, our builder just finally freed himself up to do the work. Lol. Luckily we hadn't signed any contracts with him yet. He'll likely be a little disappointed that we are not moving forward with it right now.

We'd rather live free forever than sacrifice our future over a 'want', not a need. Life is all about hard choices.
jr. member
Activity: 319
Merit: 1
JUST IN – $10 trillion BlackRock CIO: In 2 to 3 years, #Bitcoin will be higher than it is today.

Source: https://twitter.com/BitcoinMagazine/status/1537932547744641024?t=zWV0QuO4BK2URjHneoqueA&s=19

legendary
Activity: 875
Merit: 1362
Good morning Bitcoinland.

Another day, another leg down... currently $18862USD/$24572CAD (Bitcoinaverage).

Still waiting to see how this goes. What a week.
___

It looks like I may have to pass on the house I was planning on buying. I'd rather forfeit my $70k deposit than sell another $1.3m+ at these prices.

When I signed the purchase-sale agreement, Bitcoin was worth over $40kUSD. I started to DCA my BTC liquidation and was about a third of the way there after selling another 5BTC last week (June 6-10). I planned to sell another 3 coins on Monday and more again on Friday (yesterday) but backed off when I saw the dip. I consulted my main OTC connections who said they were also suspending business until things stabilized a bit. Now it's almost a week later and there's no rebound in sight.

The house is what I'd been looking for... ideal downtown location, income potential (AAA tenants in place), fully renovated, rooftop garden, etc...
but I'm not going to gut my BTC nest egg to buy it. I don't want to ever have a mortgage again. I learned that lesson over 30 years ago when my cheap 6.5% mortgages jumped to almost 20%. I laugh at kids who bellyache about single-digit inflation. I swore I'd only ever pay cash. Credit is a scam.

My BTC stash is still enough to live happily ever after. I want to keep it that way.

On the bright side, you’ll likely be able to pick that house up for less a year from now
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
Wow. What a dump.

Have one outstanding order to execute at $18,500 before I load up more fiat for laddering down further.

I feel so fucking alive!

EDIT: Just got filled @ $18,500. Loading up for next target @ $18,250
EDIT2: Next batch of orders in at $18,250 in $250 intervals down to $15,750
hero member
Activity: 938
Merit: 1891
bitcoin retard
Consider selling 20-25% of my Bitcoin. Anyone else? I have this great reset theory and now they introduced the digital USD. Its going into that direction. I start to be worried BTC will end up like Luna, once the panic kicks in? Dumped to 18.6K and nobody is buying WTF.

I am in since 2013 and ever since holded BTC. Never took profits. Never sold. I would go nuts leaving this game without a cent in my pockets after 9 years Cheesy

All these people writing only an idiot would sell at these levels. I remember people were saying the same at 69K while talking about 300K.

Is this a joke?

I panic sold in my 1st cycle and learned it the hard way back then...  But you are in your 3rd, so I'd say what the fuck are you talking about?

But maybe everyone has to have the experience to sell near the bottom (73% down). So if you feel you must sell here, do it. But make sure to buy back in on the way up.. which is the hard part

You need to learn how to properly use the ignore feature. Tongue

I think I shut him up on his first post here.


from 20500 to 19000 seems like microstrategy liquidation , anybody here know any news about them , follow the sound crying CEO.

Ignored, see how easy that is. Smiley


Thanks for the pro tip   Tongue
For about 9 years I read the WO but I found myself to prefer it pure and unfiltered...
Sometimes I really get teased to use the ignore button though. Like when reading MSTR liquidation fud for the thousands time...  
 
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