Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4109.

cAPSLOCK

legendary

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Note the unconventional cAPITALIZATION!

Quote from: LFC_Bitcoin on January 27, 2022, 09:53:20 AM

Quote from: cAPSLOCK on January 27, 2022, 08:43:01 AM

But at the same time in the current macro environment I could see us springing up from 25k pretty handily.

I think we’ll see $25,000 too, it might not be until early 2023 though. We’ll bottom above $20,000 & then we’ll start the low climb up as we get close to the halving in 2024 & then transition into the next bull run. We’ll hit over $150,000 in 2025.

I could be totally wrong & we moon sooner which would be great. I think we’re in a bear market now though & we’ll have to wait through a crypto winter before we all get girlfriends in 2025.

I think this position is EXTREMELY sensible. If we are re-experiencing a cycle pattern like 2017. My soul was also stretched to the breaking point between 2018-2020. But that combined with all the other boom/bust cycles has sort of changed me. Lol.

But I think there are reasons things might just be "different this time".

1. Bitcoin is now a huge brand.
2. ONE country is using it
3. Several countries (Turkey, Russia, Iran, etc) are looking at it
4. Large publicly traded companies (including the darling tesla) have put it on balance sheets
5. Normie on ramps
6. Brrrrrr
7. Mining is in great shape.
8. Bil/Millionaires want in.
9. @Jack (just one guy and his co... but this is a super big card in the deck I think...)

People KNOW about it, but still a very small # are IN it. It can only dip so low before big money comes in to buy. In fact I guarantee a lot of smart money was edging in between 31k and here just recently.

I just don't see how a winter lasting to 2025 is even remotely possible.

But a LOT of things could happen...

cygan

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icarus-cards.eu

Quote

#Bitcoin BTC is the missing piece of the Internet.

https://twitter.com/DocumentingBTC/status/1486683427252445187

ImThour

copper member

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Bitcoin Bottom was at $15.4k

Quote from: suchmoon on January 27, 2022, 11:15:28 AM

On the subject of doomsday TA, at least ImThour puts some effort into it unlike some llama-shaped trolls here.

I would prefer Llama and Banana shaped trolls rather than getting attacked for trying to do TA Tongue

Torque

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Activity: 3794

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Quote from: ImThour on January 27, 2022, 10:42:11 AM

My bad however calling my ideas/my thoughts BS is not cool as well.

I think your TA is complete BS, but then again...I think all TA is complete BS. So meh.

Also some of us old timers are quite amused when you TA guys follow the completely predictable pattern of predicting much higher highs during a bull run, and insta flipping to predicting much lower lows during a downturn. Such herd mentality. Cheesy

LFC_Bitcoin

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#1 VIP Crypto Casino

Quote from: bitcoinPsycho on January 27, 2022, 11:11:10 AM

Quote from: El duderino_ on January 27, 2022, 07:21:44 AM

https://twitter.com/bitcoinmagazine/status/1486669010871664643?s=21

With putin's backing, it's as good as done

Makes you wonder, this action by Putin. I wonder if they'll secretly set up huge mining farms using renewable energy. They’ll keep it all under the radar in preparation for the next bull run & onwards. If Putin is on board it means Russia will be big players in the future of bitcoin.

suchmoon

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https://bpip.org

On the subject of doomsday TA, at least ImThour puts some effort into it unlike some llama-shaped trolls here.

But in reality Bitcoin will go either up or down, and the only certainty is that obviously there is a lot more room to go up than down. Unless you're playing with some stupid option spreads, which you really shouldn't.

bitcoinPsycho

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Activity: 2688

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$120000 in 2024 Confirmed

Quote from: El duderino_ on January 27, 2022, 07:21:44 AM

https://twitter.com/bitcoinmagazine/status/1486669010871664643?s=21

With putin's backing, it's as good as done

AverageGlabella

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Activity: 1232

Merit: 1080

Quote from: El duderino_ on January 27, 2022, 07:21:44 AM

https://twitter.com/bitcoinmagazine/status/1486669010871664643?s=21

With current political climate I don't know this is something to be thankful for Cheesy

Jokes aside Putin blocked Russian ban on mining: https://twitter.com/BitcoinMagazine/status/1486721299091050496?cxt=HHwWgMCihaDJ8qEpAAAA

Quote from: ImThour on January 27, 2022, 10:42:11 AM

My bad however calling my ideas/my thoughts BS is not cool as well.

Indeed regardless the side we are on with predictions we as a whole want Bitcoin to succeed in the long term yet we can have difference of opinion while still being civil

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

ImThour

copper member

Activity: 1498

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Bitcoin Bottom was at $15.4k

Quote from: AverageGlabella on January 27, 2022, 10:28:14 AM

Quote from: ImThour on January 27, 2022, 07:01:27 AM

EDIT: Also, you are part of this forum since 2011 and the only trusted feedback you got is from someone who said "Excellent reputation". Should have spent more time with the community rather than being a loner who calls everyone stupid or idiot for their posts.

EDIT 2: If am not wrong, you had your own Wall Observer thread where you can moderate and see what you want to see. Please go and use that, cheers.

This is not applicable to your point attacking somebody since they disagree with you and afterward following how trustworthy they are is low imho. if you trust in what you say counter them with facts and references as opposed to pursuing the individual as it looks poor on you.

My bad however calling my ideas/my thoughts BS is not cool as well.

AverageGlabella

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Activity: 1232

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Quote from: ImThour on January 27, 2022, 07:01:27 AM

EDIT: Also, you are part of this forum since 2011 and the only trusted feedback you got is from someone who said "Excellent reputation". Should have spent more time with the community rather than being a loner who calls everyone stupid or idiot for their posts.

EDIT 2: If am not wrong, you had your own Wall Observer thread where you can moderate and see what you want to see. Please go and use that, cheers.

This is not applicable to your point attacking somebody since they disagree with you and afterward following how trustworthy they are is low imho. if you trust in what you say counter them with facts and references as opposed to pursuing the individual as it looks poor on you.

DaRude

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In order to dump coins one must have coins

Quote from: ImThour on January 27, 2022, 09:53:32 AM

Quote from: Torque on January 27, 2022, 09:25:13 AM

Quote from: ImThour on January 27, 2022, 08:05:33 AM

Exactly, I am just trying to believe and support my theory and my ideas.

If you call me an idiot/troll just because my Price Target is below the current price, that's stupid.
What If I said prices will go down at 60k? I don't think anyone would have called it BS.

I would be careful being too married or attached to your glorious TA predictions.

You've been wrong with your insinuations before. I'm doubtful we will hit $92K by 2/1/22.

Oh yea, let's bring the old charts where I was wrong as I was learning TA (which no one can be perfect in)
And it went up by 96% before falling down, too bad right.

And simply ignore the charts where I was right

Quote from: ImThour on September 11, 2021, 11:09:44 PM

Unbiased Price Prediction on the basis of Previous Chart Action

Bullish in the Long run.

Shall we ignore the coin too when the outcome of a flip is not as expected, and only concentrate on correct outcomes. Hmm in that case my coins should start their youtoobs channel

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

ImThour

copper member

Activity: 1498

Merit: 1619

Bitcoin Bottom was at $15.4k

Quote from: Torque on January 27, 2022, 09:25:13 AM

Quote from: ImThour on January 27, 2022, 08:05:33 AM

Exactly, I am just trying to believe and support my theory and my ideas.

If you call me an idiot/troll just because my Price Target is below the current price, that's stupid.
What If I said prices will go down at 60k? I don't think anyone would have called it BS.

I would be careful being too married or attached to your glorious TA predictions.

You've been wrong with your insinuations before. I'm doubtful we will hit $92K by 2/1/22.

Oh yea, let's bring the old charts where I was wrong as I was learning TA (which no one can be perfect in)
And it went up by 96% before falling down, too bad right.

And simply ignore the charts where I was right

Quote from: ImThour on September 11, 2021, 11:09:44 PM

Unbiased Price Prediction on the basis of Previous Chart Action

Bullish in the Long run.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Quote from: cAPSLOCK on January 27, 2022, 08:43:01 AM

But at the same time in the current macro environment I could see us springing up from 25k pretty handily.

I think we’ll see $25,000 too, it might not be until early 2023 though. We’ll bottom above $20,000 & then we’ll start the low climb up as we get close to the halving in 2024 & then transition into the next bull run. We’ll hit over $150,000 in 2025.

I could be totally wrong & we moon sooner which would be great. I think we’re in a bear market now though & we’ll have to wait through a crypto winter before we all get girlfriends in 2025.

Torque

legendary

Activity: 3794

Merit: 5474

Quote from: ImThour on January 27, 2022, 08:05:33 AM

Exactly, I am just trying to believe and support my theory and my ideas.

If you call me an idiot/troll just because my Price Target is below the current price, that's stupid.
What If I said prices will go down at 60k? I don't think anyone would have called it BS.

I would be careful being too married or attached to your glorious TA predictions.

You've been wrong with your insinuations before. I'm doubtful we will hit $92K by 2/1/22.

Quote from: ImThour on July 31, 2021, 03:10:14 AM

Bitcoin is above 200 EMA for the first time since April, 2020.

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: ImThour on January 27, 2022, 04:55:38 AM

Okay so, I made this chart where my target was almost 19k however that was the case if BTC drops on that weekly candle itself.

Quote from: ImThour on January 26, 2022, 12:01:27 PM

Found something really interesting. Everytime BTC goes below 1 Week 50 MA, it retested 1 Week 200 MA.
Not saying it has to do this again but something to look at. Wink

If we take time into consideration for the price to meet the Weekly 200 MA, it will be near about $24k.
This changes the price drop from current price from 46% to 30%.

Thanks for reading! Cheesy

I have been doing various things with coffee stirrers and crayons, and ~25k also looks like a good target for the drop from the giant head and shoulders considering it top portion.

So I think this theory has some pretty good possibility of happening. Unfortunately that would also paint us a lower low... which seems kind of bad. But at the same time in the current macro environment I could see us springing up from 25k pretty handily.

Of course I would still rather see a higher low and a third peak... But, who knows?

AlcoHoDL

legendary

Activity: 2590

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Addicted to HoDLing!

Bitcoin is bullish by design. A 13-year-long proven design.

I don't think anyone who understands Bitcoin can ever be bearish. It's a contradiction in terms.

Edit:

https://youtu.be/_9sS7eqz1l4

"Who are these people that are selling this to me? I feel sorry for them. What are you going to buy, that's better than what you're selling to me? I just pity them."

Still want to do TA? Cheesy

ImThour

copper member

Activity: 1498

Merit: 1619

Bitcoin Bottom was at $15.4k

Quote from: hisslyness on January 27, 2022, 07:21:28 AM

I don't know if you are just trying to find patterns to fit your narrative that we are in a bear market. You tried to sell it with Elliot Wave Theory, but that was incorrectly applied.

Now you are using 1 Week 50 MA, it retested 1 Week 200 MA. but that really isn't the case, just from looking at it, i can see it has crossed it numerous times without retesting...

I have never been a big believer in TA, more of a subscriber to the fundamentals. It's kind of like what came first, "the chicken or the egg"

Now that you have this information, have you started to short Bitcoin? Are you putting your money where you mouth is?

Again, do you really believe we have hit the top of this bull run?

EDIT: i don't believe you are being a troll... You are trying to support your theory, unlike some other who post one liners and disappear...

Exactly, I am just trying to believe and support my theory and my ideas.

If you call me an idiot/troll just because my Price Target is below the current price, that's stupid.
What If I said prices will go down at 60k? I don't think anyone would have called it BS.

About If I am shorting, No. I don't do leverage. I am waiting for the price to come at a point so I can buy more.
Thanks for your support by not considering me a troll/idiot. Cheers.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4109. (Read 26711453 times)