I watched Tenet a second time as well, it helped.
The movie isn't that difficult, but its brought on a way to make it difficult
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5734. (Read 26621093 times)
March 31, 2021, 04:46:53 AM
The movie isn't that difficult, but its brought on a way to make it difficult
March 31, 2021, 04:31:29 AM
Yeah, bears are in agony right now. 
Trying to scare someone between the € ATH and $ ATH? The worst possible timing for the bears. But there is another colossal stupidity that amazes me. It is when I see a single sell on some exchange of the kind 0.00002BTC. Some exchanges don't allow such small trades but other apparantly allow them. I really can't imagine what will these "whales" do with all this daily profit (2%), or even worse, what exactly they save by a cut loss of 5% below the last price? I know, bots and evetything, but it seems to me that there are many incredibly stupid (hence poor) people on the major exchanges.
Trying to scare someone between the € ATH and $ ATH? The worst possible timing for the bears. But there is another colossal stupidity that amazes me. It is when I see a single sell on some exchange of the kind 0.00002BTC. Some exchanges don't allow such small trades but other apparantly allow them. I really can't imagine what will these "whales" do with all this daily profit (2%), or even worse, what exactly they save by a cut loss of 5% below the last price? I know, bots and evetything, but it seems to me that there are many incredibly stupid (hence poor) people on the major exchanges.Such a risky game, why bother risking so much money for such relatively small profit?
Below is not organic selling. It is a whale or group of whales literally flushing the toilet at a particular price to cause a mini crash.
What’s the point? Surely the risk/reward ratio isn’t good enough for such small profit? What if another group or individual whale do what you see on the left of the chart & send the price the other way in a flash pump? The whale ends up losing all the bitcoin sold & has to buy back at a higher price?
This fuckery reminds me of constant barting at Bitmex. Hopefully we attack $60,000 on higher volume soon & wipe out these asshole bearwhales.
The point of dumping in 'bear raid formation' is to buy up all the forced liquidations which are of course dumped on the open market, it's a way of buying coins cheaper or even at the current price without large amount of slippage by dumping and rebuying. Risky business without the over leveraged being there - but they know they're there of course.
You can then buy back your initial coins at the lower price after triggering a cascade of stop losses and liquidations.
The only way it will fail is if the sell orders meet a huge unseen / hidden bid wall in which case the whale is in the shit.
March 31, 2021, 04:18:02 AM
Yeah, bears are in agony right now. Trying to scare someone between the € ATH and $ ATH? The worst possible timing for the bears. But there is another colossal stupidity that amazes me. It is when I see a single sell on some exchange of the kind 0.00002BTC. Some exchanges don't allow such small trades but other apparantly allow them. I really can't imagine what will these "whales" do with all this daily profit (2%), or even worse, what exactly they save by a cut loss of 5% below the last price? I know, bots and evetything, but it seems to me that there are many incredibly stupid (hence poor) people on the major exchanges.
Trying to scare someone between the € ATH and $ ATH? The worst possible timing for the bears. But there is another colossal stupidity that amazes me. It is when I see a single sell on some exchange of the kind 0.00002BTC. Some exchanges don't allow such small trades but other apparantly allow them. I really can't imagine what will these "whales" do with all this daily profit (2%), or even worse, what exactly they save by a cut loss of 5% below the last price? I know, bots and evetything, but it seems to me that there are many incredibly stupid (hence poor) people on the major exchanges.Such a risky game, why bother risking so much money for such relatively small profit?
Below is not organic selling. It is a whale or group of whales literally flushing the toilet at a particular price to cause a mini crash.
What’s the point? Surely the risk/reward ratio isn’t good enough for such small profit? What if another group or individual whale do what you see on the left of the chart & send the price the other way in a flash pump? The whale ends up losing all the bitcoin sold & has to buy back at a higher price?
This fuckery reminds me of constant barting at Bitmex. Hopefully we attack $60,000 on higher volume soon & wipe out these asshole bearwhales.
March 31, 2021, 04:07:05 AM
March 31, 2021, 04:00:51 AM
Really? You think that a major shakeout of the over leveraged right around months end just before we go on to make new highs in April is unexpected?
It's overdue if anything.
March 31, 2021, 03:25:42 AM
Yeah, bears are in agony right now. Trying to scare someone between the € ATH and $ ATH? The worst possible timing for the bears. But there is another colossal stupidity that amazes me. It is when I see a single sell on some exchange of the kind 0.00002BTC. Some exchanges don't allow such small trades but other apparantly allow them. I really can't imagine what will these "whales" do with all this daily profit (2%), or even worse, what exactly they save by a cut loss of 5% below the last price? I know, bots and evetything, but it seems to me that there are many incredibly stupid (hence poor) people on the major exchanges.
Trying to scare someone between the € ATH and $ ATH? The worst possible timing for the bears. But there is another colossal stupidity that amazes me. It is when I see a single sell on some exchange of the kind 0.00002BTC. Some exchanges don't allow such small trades but other apparantly allow them. I really can't imagine what will these "whales" do with all this daily profit (2%), or even worse, what exactly they save by a cut loss of 5% below the last price? I know, bots and evetything, but it seems to me that there are many incredibly stupid (hence poor) people on the major exchanges. 
March 31, 2021, 03:21:59 AM
Bitcoin traders were always impatient. This "pressure" built up in the last 10 days and I expect that it won't take more than 1-2 days to get back to "normal" (may actually be hours). And this "dump for ants" will not even be remembered 
March 31, 2021, 03:18:56 AM
The Pi Cycle Top Indicator makes me worry too much. We are crossing it any day now. And it precisely predicted all market tops so far.
Whats your thoughts? This time is different? One possibility is we will have a double top like in 2013. Thats what I am expecting. A bullrun in April, Crash and sideways through summer. Parabolic end of the year.
https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/
Whats your thoughts? This time is different? One possibility is we will have a double top like in 2013. Thats what I am expecting. A bullrun in April, Crash and sideways through summer. Parabolic end of the year.
https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/
I don't see a real 'this is the top' indicator in this chart. It merely shows that we are in a bull run again. Guessing the top is guessing where the price will wind up on the upside before going down again for a bear market phase. We are only heating up now. A 'bear' bull case would put the top price of this grand cycle around $72k. I'd rather guess for the base case of a top between $100k-200k, with the 'bull' cases going from $200k to ludicrous.
There are a few other indicators that you can use to gauge the market. Not all of them point at an imminent top. And most aren't that precise either. A sample of these indicators:
https://charts.woobull.com/bitcoin-mayer-multiple/
https://charts.woobull.com/bitcoin-mvrv-ratio/
https://charts.woobull.com/bitcoin-nvt-price/
https://charts.woobull.com/bitcoin-vwap-ratio/
https://charts.woobull.com/bitcoin-price-models/
Yes, the price is elevated, but no, I do not see an imminent end of this bull phase yet.
March 31, 2021, 03:14:37 AM
Good morning WO! Observing a stable 58k! 
March 31, 2021, 03:12:47 AM
March 31, 2021, 03:12:05 AM
BTC 59,800 57,800
...
Reason for this 2k red candle:
“More sellers than buyers”.
...
Reason for this 2k red candle:
“More sellers than buyers”.
They selling like they saw the $59k for the first time
March 31, 2021, 03:07:28 AM
March 31, 2021, 03:06:36 AM
That was unexpected.
March 31, 2021, 03:03:36 AM
BTC 59,800 57,800
Nothing to see here, please disperse.
Reason for this 2k red candle:
“More sellers than buyers”.
Nothing to see here, please disperse.
Reason for this 2k red candle:
“More sellers than buyers”.
March 31, 2021, 02:55:26 AM
Well that happened
March 31, 2021, 02:11:12 AM
March 31, 2021, 01:55:50 AM
Well gooooood morning everyone!
March 31, 2021, 01:53:39 AM
It feels so good to wake up and witness a series of new € ATH's (the last was 50876 Bitstamp price)! Hopefully soon we lift-off from the $ ATH as well.
Yeah, a great start of the day. USD-ATH will need another +$2,000 due to EUR/USD exchange rates, which have changed since the last ATH, as explained here.
Looking forward to it.
BTW, what's the reason for the pump this time? PayPal?
March 31, 2021, 01:47:31 AM
It feels so good to wake up and witness a series of new € ATH's (the last was 50876 Bitstamp price)! Hopefully we lift-off soon from the $ ATH as well.
I noticed that too. Judging by the time zone, Europe is waking up and starting the day with buying - a good sign! Let's see how USA will respond in 5 hours, when starting to wake up. It's time to load those paypal accounts people! It's a pity that in Europe BTC in paypal is not available. I would consider using paypal again, because of the limits and seccurity issues related to using credit cards for purchases. I guess many people will consider replacing that old payment tool with the new BTC purchase tool.
Edit. As I was writing the post, a new series of € ATH's happened. Go BTC, go!
It's a bit weird, it's always around 08:30 my time that these pumps start. Is this Europe buying?
I noticed that too. Judging by the time zone, Europe is waking up and starting the day with buying - a good sign! Let's see how USA will respond in 5 hours, when starting to wake up. It's time to load those paypal accounts people! It's a pity that in Europe BTC in paypal is not available. I would consider using paypal again, because of the limits and seccurity issues related to using credit cards for purchases. I guess many people will consider replacing that old payment tool with the new BTC purchase tool.
Edit. As I was writing the post, a new series of € ATH's happened. Go BTC, go!
March 31, 2021, 01:40:59 AM
It's a bit weird, it's always around 08:30 my time that these pumps start. Is this Europe buying?
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