Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3434. (Read 26713355 times)
June 13, 2022, 11:01:21 AM
June 13, 2022, 10:59:32 AM
June 13, 2022, 10:50:05 AM
OT: Anyone want to explain to me how a company like Peloton (PTON) can even go public IPO on the stonk market?
Launched in 2019 @ $25/share. Now $10/share, three years later.
I mean srsly? WTAF?
Launched in 2019 @ $25/share. Now $10/share, three years later.
I mean srsly? WTAF?
June 13, 2022, 10:45:29 AM
200 W MA is but a hair away
Eyes on
The 200 W MA needs to hold , there's what the market tends to do when it gets to 200MA, goes little below to induce more sellers and then goes back above 200 MA.Eyes on
Eyes on $20k or below Just one more leg down to $20k I have orders waiting to trigger @$20k to add some Stats maybe if we get more deeps I will continue to add more BTC to my portfolio.
Then come January 2025 is when I'm gonna remember my wallet.
Could even wick us down to 16-18k , I would be quite surprised if we go any further...
I do like surprises though
June 13, 2022, 10:39:48 AM
Weekly RSI currently at lowest level since 2015. The RSI did dip lower back then with a 25% wick, but closed @ 27.54. Totally possible to wick down to $17,250 before the week closes.
For anyone still waiting for $12K, $14K, etc, unless the 10 year Bitcoin bull market is over, and a multi-decade bear market begins, price will realistically need to recover before being able to go significantly lower. Price otherwise reached @ $22,600, within $234 of the 200 Week MA. Kind of hoping we touch in order to confirm the low and avoid any doubt. Price movement definitely looking exciting now!
For anyone still waiting for $12K, $14K, etc, unless the 10 year Bitcoin bull market is over, and a multi-decade bear market begins, price will realistically need to recover before being able to go significantly lower. Price otherwise reached @ $22,600, within $234 of the 200 Week MA. Kind of hoping we touch in order to confirm the low and avoid any doubt. Price movement definitely looking exciting now!
June 13, 2022, 10:37:27 AM
You wouldn't be the first.
June 13, 2022, 10:34:45 AM
Micro strategy about to get liquidated at 21k. This could send the price crashing even harder and faster than we thought. $10,000 target this summer.
June 13, 2022, 10:32:30 AM
Historically, the 200 WMA has only ever been touched a few times by spot price, but never deeply crossed. In other words, spot price shouldn't go below $22,287 (as of today). If spot price deeply crosses that value (i.e., goes below $20k), it will be a first in Bitcoin's 13-year history.
It will very likely happen. I am thinking we get more firsts.
Also hashrate is dropping a lot.
So if major BTC holders are major mines. They are still safe since there could be a hashrate/diff drop in 10 days.
Ladder buy say
22222
22022
21888
21555
21222
20888
June 13, 2022, 10:30:30 AM
Looooooooooooooooooooooooooooooooooool
June 13, 2022, 10:28:38 AM
June 13, 2022, 10:24:58 AM
Historically, the 200 WMA has only ever been touched a few times by spot price, but never deeply crossed. In other words, spot price shouldn't go below $22,287 (as of today). If spot price deeply crosses that value (i.e., goes below $20k), it will be a first in Bitcoin's 13-year history.
June 13, 2022, 10:23:42 AM
As mega amounts of fiat cash leave the equities and bond markets, it won't just disappear into thin air.
It will be looking at the Fed's actions to decide what to do next.
If the Fed insists on killing future growth by hiking rates even more and tapering bond purchases to fight inflation, then all that cash will be looking to run into assets and commodities.
Like Bitcoin.
It will be looking at the Fed's actions to decide what to do next.
If the Fed insists on killing future growth by hiking rates even more and tapering bond purchases to fight inflation, then all that cash will be looking to run into assets and commodities.
Like Bitcoin.
June 13, 2022, 10:21:57 AM
Just FOMOED £500
Rick just did a smash buy of $500. I've already stacked on the way down, and have orders outstanding between $22,500 and $22,400 if we go that low.
June 13, 2022, 10:17:03 AM
Just FOMOED £500
June 13, 2022, 10:16:10 AM
PAMP IT!!! 
June 13, 2022, 10:12:44 AM
Drive price down, keep price down until it's the new normal, buy coins being careful not to push price up much. Lather, rinse, repeat.
Right, and where is that new normal at this time?
I have a sneaking suspicion we're not there yet.
yeah If it gets as bad as it was in summer 2020 for mining we will be there.
I would say 15-17k does the trick.
June 13, 2022, 10:07:50 AM
200 W MA is but a hair away
Eyes on
Eyes on
June 13, 2022, 10:04:59 AM
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