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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5981. (Read 26713548 times)

full member
Activity: 173
Merit: 146
My calculations show that the correction from 58 400 to 43 000 is 26.3%. This doesn't even qualify for a significant 30%+ correction! And the claim that this is the end of the bull cycle is too premature and quite bearish. The support down to 40K looks pretty solid compared to the sell pressure, if we look at the depth charts of the main exchanges (even Bitstamp). So most probably we are going sideways for some time before resuming the bull run. My bullish expectations are 150-168K at the end of June and 333K-400K at the end of the year. The worst I can imagine for this year is half of the latter prices, i.e. 84K in June and 168K at the end of the year. However, we are on the track for the first scenario, and these 2 little corrections only improve the chances for that. #provenbymathandscience
I hope you are wrong dude, I pray to god that bitcoin goes back to 10 thousand and can buy more.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Now, now, be nice to Elwar.
legendary
Activity: 2744
Merit: 13647
BTC + Crossfit, living life.
When has the top of a cycle ever been just over 2 x the previous cycle high? Come on guys, you’re better than this FFS. This is just a regular (close to) 30% correction which happens multiple times in a bull run.

Rinse & repeat guys, we’re only at the second significant dip of this bull run (post halving).

This is the last bull run



You’ll see multiple significant corrections on the way up to $19,xxx.

Some of you have been in bitcoin even longer than me. Sack up FFS!

My calculations show that the correction from 58 400 to 43 000 is 26.3%. This doesn't even qualify for a significant 30%+ correction! And the claim that this is the end of the bull cycle is too premature and quite bearish. The support down to 40K looks pretty solid compared to the sell pressure, if we look at the depth charts of the main exchanges (even Bitstamp). So most probably we are going sideways for some time before resuming the bull run. My bullish expectations are 150-168K at the end of June and 333K-400K at the end of the year. The worst I can imagine for this year is half of the latter prices, i.e. 84K in June and 168K at the end of the year. However, we are on the track for the first scenario, and these 2 little corrections only improve the chances for that. #provenbymathandscience

Totally agree.. it's a shame legendary guys like Elwar calling the top now... what a disgrace  Cool

Indeed..... maybe something went wrong or bumped he’s had walking around in the crew cabines of that cruise ship or something, hope he gets well fast....
legendary
Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
I am going to remodel one of my bathrooms this year and a key reason is to put a power outlet near the toilet so I can try one of those $300 Japanese heated, vented, powder your ass with gold bidets.

I've got one of those but you probably mean $3000 which will only get you started. Cool
hero member
Activity: 812
Merit: 587
Space Lord
it is funny to watch the bloodshed in altcoin market each time bitcoin has ups or downs.

considering that altcoin dumps are bigger this year i guess more people are catching on that they should sell their alt bags when bitcoin rises or falls.

https://twitter.com/TheCryptoBubble/status/1245475845273079808
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
it is funny to watch the bloodshed in altcoin market each time bitcoin has ups or downs.

considering that altcoin dumps are bigger this year i guess more people are catching on that they should sell their alt bags when bitcoin rises or falls.
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.
When has the top of a cycle ever been just over 2 x the previous cycle high? Come on guys, you’re better than this FFS. This is just a regular (close to) 30% correction which happens multiple times in a bull run.

Rinse & repeat guys, we’re only at the second significant dip of this bull run (post halving).

This is the last bull run



You’ll see multiple significant corrections on the way up to $19,xxx.

Some of you have been in bitcoin even longer than me. Sack up FFS!

My calculations show that the correction from 58 400 to 43 000 is 26.3%. This doesn't even qualify for a significant 30%+ correction! And the claim that this is the end of the bull cycle is too premature and quite bearish. The support down to 40K looks pretty solid compared to the sell pressure, if we look at the depth charts of the main exchanges (even Bitstamp). So most probably we are going sideways for some time before resuming the bull run. My bullish expectations are 150-168K at the end of June and 333K-400K at the end of the year. The worst I can imagine for this year is half of the latter prices, i.e. 84K in June and 168K at the end of the year. However, we are on the track for the first scenario, and these 2 little corrections only improve the chances for that. #provenbymathandscience

Totally agree.. it's a shame legendary guys like Elwar calling the top now... what a disgrace  Cool
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
When has the top of a cycle ever been just over 2 x the previous cycle high? Come on guys, you’re better than this FFS. This is just a regular (close to) 30% correction which happens multiple times in a bull run.

Rinse & repeat guys, we’re only at the second significant dip of this bull run (post halving).

This is the last bull run



You’ll see multiple significant corrections on the way up to $19,xxx.

Some of you have been in bitcoin even longer than me. Sack up FFS!

My calculations show that the correction from 58 400 to 43 000 is 26.3%. This doesn't even qualify for a significant 30%+ correction! And the claim that this is the end of the bull cycle is too premature and quite bearish. The support down to 40K looks pretty solid compared to the sell pressure, if we look at the depth charts of the main exchanges (even Bitstamp). So most probably we are going sideways for some time before resuming the bull run. My bullish expectations are 150-168K at the end of June and 333K-400K at the end of the year. The worst I can imagine for this year is half of the latter prices, i.e. 84K in June and 168K at the end of the year. However, we are on the track for the first scenario, and these 2 little corrections only improve the chances for that. #provenbymathandscience
sr. member
Activity: 546
Merit: 290
The German:
I am cautious, but maybe we have a breakout here. the 4h candle is not clear, but the 1h show some rejections and now it goes up. Hope nobody dump 10k coins at once at this fragile point... I don't want to jinx it...


The Swede:
Price going up yo!
legendary
Activity: 2310
Merit: 1422
Chill out.  

All this has been foreseen.

You will be laughing about this in 2020.


HairyMaclairy knew it all along. December 2018!!!

Good morning WOhatters, I feel I need to pump some Monday enthusiasm to you all.
Don't forget why you are here:
Quote from: satoshi
Yes, [we will not find a solution to political problems in cryptography,] but we can win a major battle in the arms race and gain a new territory of freedom for several years.

sr. member
Activity: 546
Merit: 290
Lol, just read the dieselmasters post and realized that you can kind of see the difference between Swedes and Germans in our two posts.

 Grin Grin Grin Grin Grin lol
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Lol, just read the dieselmasters post and realized that you can kind of see the difference between Swedes and Germans in our two posts.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
sr. member
Activity: 546
Merit: 290
I am cautious, but maybe we have a breakout here. the 4h candle is not clear, but the 1h show some rejections and now it goes up. Hope nobody dump 10k coins at once at this fragile point... I don't want to jinx it...
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
I liked the almost 60k feeling, I felt rich, now not so much.

Edit: I even started buying soft 4 ply toilet paper, back to the cheap generic recycled stuff again.

Man, if you want an investment that pays a lifetime of dividends, Buy.... a..... bidet :-)

Seriously, this whole lockdown thing has given my life one major change: The incredible value and personal delight of a toilet mounted bidet. Even a $40 basic unit is so, so, so deliciously nice. I can't believe I lived my life without one for so long, all those wasted years.....

I am going to remodel one of my bathrooms this year and a key reason is to put a power outlet near the toilet so I can try one of those $300 Japanese heated, vented, powder your ass with gold bidets.

But a $30-$40 one is such a life improvement over wooden logs it's just amazing.
I might, I have actually thought about it.
In the mean time I paid a friend to make me this, might hang it on the toilet.

It says (a)" big dick is a small comfort in a poor home".

legendary
Activity: 2338
Merit: 2106

Another good point... There is no such a thing... (consider my attempt at eloquence)

It's simple projection. The Marxists think their ideas will bring about a perfect world (this time) so they think others must be aiming for the same thing rather than simply a better option.

Who are those marxists? lol
Wall street went all ga-ga for communist (and I assume marxist) China, which makes them the biggest marxists supporters of all.
Chinese make about 20% of the all imported goods in US ($451bil in 2019), all thanks to prior direct investment.



"All I know is that I am not a Marxist."

Karl Marx
legendary
Activity: 2338
Merit: 2106
Lyn Alden’s latest: https://www.lynalden.com/february-2021-newsletter/

Bit of a long one but the essence for this thread is:
* if inflation UP (=expected)
* and FED does Yield Curve Control (press interest rates down)
* =bullish for Bitcoin.

Make it so  Grin

merited for pristine macro input. Lyn is killing it. she even puts out long research pieces calling out the ETH scam. one of us.  Grin
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Good morn Bitcoinland.
Four three four three four dollars
(Bitcoinaverage).

Bouncing up and down,
Coiling consolidation,
Primed for next leg up.

My birthday today, I'm now 60, got celebrated by the family earlier.
I didn't really care that much when I turned 50, but 60 does make me feel a bit old.
O well,nothing I can do about it, back to the internet and my model rocket rabbithole.

Happy B-day Arrie.

Remember how much
Life seemed to improve after
You reached your 40s?

I think that you'll find
60 is even better
Onward and upward.

Thanks Jimbo!
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
I liked the almost 60k feeling, I felt rich, now not so much.

Edit: I even started buying soft 4 ply toilet paper, back to the cheap generic recycled stuff again.

I recommend Costco's brand. Decently priced, decent quality and the rolls aren't excessively narrow like the ones my daughter brought home last week.

We don't have Costcos here. And it's impossible to find non narrow paper anymore. I have actually been contemplating buying decent sized TP on Amazon.
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