One thing's for sure: The mother of all recessions is on its way!
Pretty sure we're already in it.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3415. (Read 26713597 times)
June 15, 2022, 03:41:26 AM
Pretty sure we're already in it.
June 15, 2022, 03:38:10 AM
One thing's for sure: The mother of all recessions is on its way!
June 15, 2022, 03:36:02 AM
https://twitter.com/TheCryptoLark/status/1536964527962542080?t=HgHEulzGYiyJ5-YTP_0zXw&s=19
A scary amount of multi hundred million dollar #bitcoin and #ethereum positions on lenders like Aave and Maker are in danger of liquidation.
A scary amount of multi hundred million dollar #bitcoin and #ethereum positions on lenders like Aave and Maker are in danger of liquidation.
June 15, 2022, 03:34:44 AM
Two Upcoming Scenarios -
1. If Weekly Candle closes below 200 MA, we are going towards 300 MA i.e. 16k.
2. If Weekly Candle closes above 200 MA, we are going towards 30k.
Let's see how this goes on from here. Fed hiking up bps to 75 will cause some huge movements either up or down.
1. If Weekly Candle closes below 200 MA, we are going towards 300 MA i.e. 16k.
2. If Weekly Candle closes above 200 MA, we are going towards 30k.
Let's see how this goes on from here. Fed hiking up bps to 75 will cause some huge movements either up or down.
June 15, 2022, 03:34:29 AM
Someone needs a salmonslap to stop selling, the weak hands are pathetic.
I hope from now on these weak hands will only be able to own dust.
Hopefully FED news isn't too bad and we bounce to 300k 
I hope from now on these weak hands will only be able to own dust.
Hopefully FED news isn't too bad and we bounce to 30
I can imagine some putting more into wheat markets, because russia and ukraine war has negative impact on wheat production, mainly destined for Africa.
Well, hodlers are hodlers, speculators are speculators. The former stay in, the latter come back.
Easy buy.
EDIT: I seem to have got some more Sats at about $100 above this dip's low (so far). Not unsatisfied.
June 15, 2022, 03:24:22 AM
Someone needs a salmonslap to stop selling, the weak hands are pathetic.
I hope from now on these weak hands will only be able to own dust.
Hopefully FED news isn't too bad and we bounce to 300k
I hope from now on these weak hands will only be able to own dust.
Hopefully FED news isn't too bad and we bounce to 30
These might be liquidations to shore up shitcoin positions gone wrong.
June 15, 2022, 03:20:45 AM
Someone needs a salmonslap to stop selling, the weak hands are pathetic.
I hope from now on these weak hands will only be able to own dust.
Hopefully FED news isn't too bad and we bounce to 300k
I hope from now on these weak hands will only be able to own dust.
Hopefully FED news isn't too bad and we bounce to 30
June 15, 2022, 03:20:00 AM
I've just bought 0.5BTC @ $20700. I'm ready to buy all the way down. Bring it on, bears! Next 1BTC buy is @18K.
Yesterday I went all-in however I quickly sold 50% because I wanted to wait for this weekly candle to close above 200 MA.If weekly closes below 200 MA, then it will become resistance and prices will fall towards 300 MA which is at $16k.
Scary time, let's see how it goes from here.
June 15, 2022, 03:19:00 AM
Shit is getting real folks, the emergency meetings have begun
https://www.forexfactory.com/news/1162034-ecb-to-discuss-reinvestment-of-pepp-bonds-at
https://www.forexfactory.com/news/1162034-ecb-to-discuss-reinvestment-of-pepp-bonds-at
June 15, 2022, 03:18:44 AM
Price won't hold for much longer.
Imagine we break 2017 all time high, that would be uncharted territory
It looks very likely, especially with the Fed meeting coming up
What do we consider the 2017 high 19.6k or something?
We are already far below the 2017 top. I recently got in an argument about this—when BTC was around $28k. Now, I do not think anyone can question my statement that $19k (hah, $19.6k) in 2017 dollars bought much more goods and services than $20,360 at this moment, as I write this.
True,
We are at around $17,250 in 2017 money based on CPI inflation since.
June 15, 2022, 03:15:53 AM
Price won't hold for much longer.
Imagine we break 2017 all time high, that would be uncharted territory
It looks very likely, especially with the Fed meeting coming up
What do we consider the 2017 high 19.6k or something?
We are already far below the 2017 top. I recently got in an argument about this—when BTC was around $28k. Now, I do not think anyone can question my statement that $19k (hah, $19.6k) in 2017 dollars bought much more goods and services than $20,360 at this moment, as I write this.
Who puts August–September 2015 in a “bull market”? (Or any of 2015?)
I was just saying something that implied August–September 2015 could be a precedent for us to scrape along/below 200 WMA for the next month. (If you believe that past performance indicates anything about future results, etc.)
The chart itself shows that 2015 was a bear year—i.e., a great time to buy. But the chart labels it “bull market” based on a technical indicator widget. “Bear” or “bull” means the price, not an indicator someone believes to predict future movements in the price.
June 15, 2022, 03:07:03 AM
Peak fear? This will affect the BTC price
June 15, 2022, 03:05:15 AM
would be nice if true going forward.
The opportunity for another bullrun before 2024 effect is featured. 4 year cycle's might be dead from now on.
June 15, 2022, 03:04:09 AM
Price won't hold for much longer.
Imagine we break 2017 all time high, that would be uncharted territory
It looks very likely, especially with the Fed meeting coming up
What do we consider the 2017 high 19.6k or something?
June 15, 2022, 03:02:39 AM
I've just bought 0.5BTC @ $20700. I'm ready to buy all the way down. Bring it on, bears! Next 1BTC buy is @18K.
June 15, 2022, 03:01:19 AM
June 15, 2022, 03:00:00 AM
$48.82 is now a lot of money to me. Finding that loose change helped so much.
A very sad story for how smart you sound. The moral I draw from the story, regardless of whether it is true or not, as I cannot verify it, is that one should never be overconfident of one's intelligence. Doing so can have catastrophic consequences.
I think these things happen because of addication. death_wish can shed some light on this I'm sure.
June 15, 2022, 02:59:27 AM
Price won't hold for much longer.
Imagine we break 2017 all time high, that would be uncharted territory
June 15, 2022, 02:56:50 AM
$48.82 is now a lot of money to me. Finding that loose change helped so much.
A very sad story for how smart you sound. The moral I draw from the story, regardless of whether it is true or not, as I cannot verify it, is that one should never be overconfident of one's intelligence. Doing so can have catastrophic consequences.
June 15, 2022, 02:54:54 AM
Price won't hold for much longer.
That could be read two ways.
Jump to: