Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4317. (Read 26713448 times)

legendary
Activity: 2282
Merit: 2057
A Bitcoiner chooses. A slave obeys.



How it started for a lot of new peeps this year

I suggest skip 1-2-3

FTFY
legendary
Activity: 3794
Merit: 5474
legendary
Activity: 2772
Merit: 2846
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Also covers the theory that everyone waiting for the 200 Week MA get's left behind.... like Billy.

Raja_MBZ is one of the members who said that he is waiting for BTC spot price to meet the 200 Week moving average, and he started waiting around May-ish when he supposedly sold at $55k-ish and the 200-week moving average was then around $12,500, and now the 200-week moving average is approaching $18,500.

https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

I have already said several times, that I would not even want to give Billy twat no coiner that much benefit of the doubt regarding either having any kind of reasonable theory that is based on actual possible concepts rather than just throwing out various assertions regarding where he expects the BTC price to go, and surely sometimes when the BTC is going up he would say that he is expecting the BTC price to revisit $30k or $20k and then from time to time he would add some more dramatic affect that he was waiting for sub-$10k. just signs of wishful pie in the sky baloney rather than anything that shows that he is trying to grapple with actual facts and some kind of semblance of logic that would account for actual facts.

By the way, when I was looking for the 200-week  moving average website linked above, I came across the major multiple website that tries to show whether the BTC price is overheated or underheated.. and currently is showing a 1.. which is accounting for the current price compared with the 200-day moving average and a 1 would seems to be a good place to buy.. but hey you gotta DYOR and figure out what you believe in terms of strategies to accumulate BTC or to manage your BTC holdings (if any) and anticipated BTC price direction, to the extent that price direction might matter to you in the short-term.

Nevertheless, many hoped (and still hope) to see the second run going parabolic like in 2013.  
But moving the market is not so easy anymore.

I'm not so sure about that. Recently we saw price drop 20% in a day, half of which was within a 10 minute period due to high volume selling that triggered liquidations, and more selling. I don't even think this was due to low order book liquidity either, but simply an indication that the market remains highly volatile. I see no reason why this can't still happen to the upside, if shorts get's stacked up like longs were.

In summary price doesn't need an influx of buyers to move quickly, or parabolic, in one direction or another - only over-leveraged markets, of which there are plenty these days. Look at TSLA for example, huge market, but price still went parabolic and increased by 1000% within 14 months, in a traditional market with very high liquidity. In crypto markets, that's the same as 9x in 14 weeks. Like $38K to $350K...
[/quote]

I have my ongoing questions regarding the extent to which it might be helpful or informative to bring the price slopes of other asset classes into the mix in order to attempt to understand what might be within reasonable possibility for bitcoin price future at this time, and surely our looking at previous price slopes are attempts to try to figure out where we might be able to go in current times.  Of course, there have been a lot of folks who have said that the slope looks more like 2013 than it looks like 2017.. but at the same time, there have been assertions that our second top is kind of waning and we are not getting the UP in the second portion that we expect to have good chances of being in the cards...

Surely, none of the numbers really seem to be off the table, and I had recently updated my numbers (probabilities about when and how much) in a thread that I created in the past few days.
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 758
Merit: 1844
The psychological cost of waiting. Especially applies to Bitcoin.



Now is a great time to buy buy buy BTC

and you forgot/missing the following...

I'm going to buy a shitcoin first because it is cheaper...

maybe between "This is the big one!" and "I'll just wait for the next bear market. It's Coming"
legendary
Activity: 3794
Merit: 5474
The psychological cost of waiting. Especially applies to Bitcoin.



Now is a great time to buy buy buy BTC
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
Bitcoin Pump  is always harder than Dump.

legendary
Activity: 2744
Merit: 13647
BTC + Crossfit, living life.



How it started for a lot of new peeps this year

I suggest skip 1-2-3
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Nice prices get your holiday sales people.

BTC under 46k
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2744
Merit: 13647
BTC + Crossfit, living life.
Is this the Omicron / Moronic dump?

One of the damned Friday’s ….
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'

It is a cotton tee shirt not a sweater but I purchased a royal blue one.


BTW. buy the dip and hodl!

I still have my $50 a day at coinbase

and I purchased $50 from PayPal today.

My PayPal holdings are about $2400 and I am about 400 ahead. If we tank to say 32k-36K I would be -100 or -200 loss.

  My PayPal BTC will be in the red. Since it is always paid in $usd It presents a possible  way to free cash and get a capital gains offset against my 18000 usd worth sold at 61-67k. Such fun.

I get to hodl and sell at the same time.

Lets go dip.
hero member
Activity: 1133
Merit: 819
Is this the Omicron / Moronic dump?
hero member
Activity: 1029
Merit: 712
Savetherainforest evolving into gembitz one post at a time?
WEEEEEEEEEEEEEEEEE

I expect between $440K < > $1.4 Million per BTCiTcoin in the next year.


No chance.

Quoted for posterity.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
^^^


and i thought I was stoned...
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
From November < to > April ... $34K ? ? ?  ..... <<< THAT LITERALLY IS RETARDED AND RIDICULOUS!!! Cheesy Cheesy Cheesy  Roll Eyes  Roll Eyes

Precisely why I'd see it as perfectly reasonable if $40K support breaks, because everyone previously thought:

From April < to > July ... $64K to $34K ? ? ?  .....

And that lackey wants another $34K ?? ?? ... WT F ?? Cheesy Cheesy Cheesy

Lies, never said I wanted nor expected it. Try again!

Man... U need help. Smiley

I usually when I come into conclusions like this, is because I take logical aspects into consideration.

I'm wasting my breath or my k3yboard by tryin go tell u that it's religious zealoutry wha tu'r on .  <<<< U f^ckjing see that sh!t... I'm not even complying with my ghands on what they want and what I give. L) Smiley Cheesy Cheesy Cheesy Cheesy

^ I can barely rwitd e anydxbghting cuz I can't..a ,sgb  hwhen I try to go agains the grahain. Smiley  Roll Eyes  Roll Eyes  Roll Eyes


^^^^
*edit(0):  And that's folks how BTCiTcoin works!!! Cheesy Cheesy Cheesy
legendary
Activity: 1722
Merit: 2213
From November < to > April ... $34K ? ? ?  ..... <<< THAT LITERALLY IS RETARDED AND RIDICULOUS!!! Cheesy Cheesy Cheesy  Roll Eyes  Roll Eyes

Precisely why I'd see it as perfectly reasonable if $40K support breaks, because everyone previously thought:

From April < to > July ... $64K to $34K ? ? ?  .....

And that lackey wants another $34K ?? ?? ... WT F ?? Cheesy Cheesy Cheesy

Lies, never said I wanted nor expected it. Try again!
Jump to: