Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7437. (Read 26580379 times)

Surely a bit of a stretch to consider bears in control in these times, but hey dreamers are gonna dream.   

Went to grab some breakfast and suddenly BTC is up $200

I am pretty sure that the picture is much different if you take a longer time horizon and then you start them out at the same place on that longer time horizon.

In other words, it is not worth it to beat yourself up over either BTC's underperformance or correlation with stocks on the short term... even though it is still interesting to see, it is not reflective of the BIGGER picture, either in terms of from where bitcoin has come or where it is likely to go - relative to stocks.

His analysis is woefully ignorant of the fact that the Federal Reserve just injected a few trillion dollars worth of liquidity into the markets. People are idiots if they don't think at least a few billion of it is finding its way into BTC every now and then.

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There was some pretty serious riots across Minneapolis in the past hours. Here's a video of the police guarding the killer cop's house:

https://twitter.com/Gerrrty/status/1265911668632059904

Pretty nuts. It's like they are expecting an invasion or something.

Rejection again at 10.5k in February and 10.1k in May means bears have the upper hand. It's crystal clear  


Next time Bitcoin is trading @ 15k, it will still be a great opportunity to buy, in my model Bitcoin price can reach 85k if it gets past 10.5k and consolidate for a month above this price, but for the model to be valid, Bitcoin needs to go down to 3.1k first for a double bottom, then we can see 85k for 2023-2024.

But still no point in buying now if you can buy at 3.1k later this year. Well I would say 3.1k is likely but to be safe, buy more coins at 5.5k which is extremely likely to happen by July   No financial advice, do your own research. By the way you have one of the coolest usernames here.

Maybe people with only $400 of BTC   

Gox Rising Announces Intent To Purchase Mt. Gox Creditor Claims

https://finance.yahoo.com/news/gox-rising-announces-intent-purchase-130000275.html


Wow, you'd really have to be desperate to sell your claim for $800 per BTC. I don't see how anyone would consider this offer. Even if you would consider to sell, Fortress is a better alternative I reckon. They offer $1300 per BTC, or somewhere in that region.

We've already had our double bottom - DEC'18, MAR'20 - in parallel alike, prior to the 2016 halving.

But please, suit yourself, WO would love to see you FOMO-in @$15k.

@UltraXBT

Translation: I'm a bitter nocoiner who failed and missed all possible dumps and now I'm hoping to fill my bags (buy 0.001BTC) during the "one last superdump to $3k". Yeah been there done that, you're not the first and not the last person like that here.  

grudging respect for that old bird and her hired goons, moreso if the Kiwis agree with her actions. btw did she ever get any of their guns off them? (answer cmiiw is 'a few')

could go on about one antipodean cousin being a bit less gormless than the other, or about the blessings of geography, but actually am really happy for both lots of people. Do the abos and Maoris and whatnot get it worse than the white men, or say, the Greek men?

Guess it's tough for people who not only claim to be Hairy, but actually are, as they absorb that bit less Vitamin D.

Wow look who's back. Bears are still in control? Muahaha, made my day... bears were in control last time back in 2018! Corona dump wasn't planned it was caused by force majeure and weak hands (mindrust reference goes here).

P.S. And get your BTC ready to pay to LFC for your lost bet (I doubt that you have any and/or that you're planning to pay).    

Although your "desired" (?) trend line is downwards, the market went up in the last ~24h. Not much, but still.. let's be honest and admit that the bears are sweating too 

Bears are still in control, bulls are sweating  

There is a last attempt of a bullish run but clearly to kill some shorts that have been placed too low. 9.4k today or tomorrow is likely, maybe 9.8k but after that it will bloody for the bulls. By using the Elliott Waves theory once can easily see we reached our top for 2020, but perhaps October-November will be the best opportunity of a lifetime to buy Bitcoin at a cheap price. If we have a double bottom at 3.1k end of the year, I will clearly turn bullish for the years to come!




Best of luck  

In other news: Want a free portscan of your Wind0ze PC?
Just visit Ebay or Citibank and you'll get one for free:

https://security.stackexchange.com/questions/231966/web-sites-executing-local-port-scans-is-this-coming-from-a-library-can-it-be-b

https://nullsweep.com/why-is-this-website-port-scanning-me/

https://www.schneier.com/blog/archives/2020/05/websites_conduc.html

But I have been assured it is only to our best and they promise not to abuse it. So if you don't have anything to hide..

Damn stocks!

 
May i ask you to post the lyrics of the chorus, instead? 

Deleting Luka with Tunderstruck didn't work, by the way...

https://threadreaderapp.com/thread/1265732795646701568.html

It's all about context. We are in the midst of a pandemic situation and on-going financial/generational crisis since 2007. This is the culmination phase of the 4th turning in the multi-decade generational cycle. Context is along a 4th turning theme going all the way back to 1960's, civil unrest for black emancipation began with boomer coming of age in the mid 1960's, Martin Luther King, then Rodney King and now recent 'black lives matters' incidents happening with increasing frequency and intensity 2015, 2017, 2018, 2019 against cop killings. This could be the spark that brings this theme for change to a head, violently if necessary. Repeated callous, needless, authoritarian cop killing of 'presumed innocents' needs to be addressed at the institutional level that has failed for over 50 years to effect the needed change .... changes like these only happens on dark and stormy nights in a time of crisis. The generational time of crisis is here and now, fully blown. Given the volatile atmosphere, mandatory masked protesters, unemployment levels and cop over-reach from 3 months of lock downs, it's really bad timing with the practicalities on the ground also.

Historically pandemics often give rise to crisis and violent insurrection, usually targetting the extremes of wealth inequality, access to justice, access to resources, etc, that the golden times have fostered. Read The 4th Turning, stay informed, effects of Winter will not be denied, 10 more years to run.

https://twitter.com/tylerwinklevoss/status/1265705272678498305