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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8461. (Read 26715502 times)

legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.

This time BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up.  Cool

I wasn't wrong, you are the mirror image of gembitz.

 Grin

$500k Weeeeeeeeeeeee

I hope you are right but probably not.

Gembitz is history I guess. The peeps behind that account don't need it anymore as the new bullrun starts. I'm not sure if jono and proudhon guys are going to appear here on WO as well..  Cool
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
"Bitcoin is the largest wealth redistribution mankind has ever seen."  --Gyrsur

think of this below please.

ppl group 1: mined/bought < $1 --> sold > $10
ppl group 2: mined/bought < $10 --> sold > $100
ppl group 3: mined/bought < $100 --> sold > $1k
ppl group 4: mined/bought < $1k --> sold > $10k
ppl group 5: bought < $10k --> sold > $100k
ppl group 6: bought < $100k --> sold > $1m
ppl group 7: bought < $1m --> sold > $10m

ppl group 0: mined/bought at any price --> sold never (Satoshi style)

EDIT: don't let the example confuse you. there is no just black and white in real life. ppl might be belonging to more than one group.  Wink
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Interesting, thanks Biodom. I needed that shot of HOPIUM.

+5 Merit’s coming your way!
legendary
Activity: 3990
Merit: 4597
Don't get mad at Luc.

He doesn't say it is going go to $6k without any conditions.

He says it will happen if it stays under $11k which is a pretty valid guess imo. I'll buy more tomorrow to help to invalidate this TA. If you want the same thing, you should too.

This thing won't go to $100k by itself, somebody has to buy it from $10k and $20k... $60k... and all the way up to $100k. Believe it or not, Some will even buy it at $100k.

This time BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up.  Cool

Bruh, I think 350-450k might be a bit ambitious for this cycle. That kind of price will come in 2025 or something a year after the 2024 halving.

Just my opinion but obviously would love you to be right.

Maybe, but I have penciled in $70K-357K range ($350 is at the border, obviously) based on prior stats.
The median of $70-357K is about $213K, which is my best case scenario for the moment.
S2F predicted 6K level for the last cycle, we went about 3-3.5 times that in 2017.
If $100K is the average for the next cycle, then 300-350K is a similar size spike (followed by a 'plunge' to about $50-60k at the local bottom).
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
"A new audio recording from Wuhan (received through encrypted channel, voices are disguised), claiming they’ve cremated 127 bodies just yesterday along. This is 30x official data. Need your help with translation. #coronavirus"

https://twitter.com/howroute/status/1226247756425170944

More translation is provided in the comments. Someone impersonated a central Chinese Government official and questioned a funeral home operator for details about their operation. Funeral home employee fell for the trick and spilled the beans. Brilliant. Bitcoin moon, RIP CCP.

edit: Here is a shorter clip of the video with translation.

https://twitter.com/htommy998/status/1226210668400930816

"- 11 burner 50 minutes/body
- two shifts each staff sleep 2-3h/day
- Gov requires body pick-up within 1.5 hours after death
- Estimate: this midsize crematorium cremates about 176 bodies/day. Hankou is larger."


"There are 6 crematoriums in Wuhan. Let’s use average 176 coronavirus death/day/crematorium.

176*6 =1056

Assume deaths in Wuhan counts 90% of total China’s coronavirus death/day

1056/90%= 1173

Assume it started a month

Total death =1173*30 = 35200"


Not quite correct, considering that roughly 200 people are dying in wuhan on a daily basis, i mean normal deaths.
Now this also adds the possibility that some more "normally" deceased people are yet to be discovered because of the lockdown, but this should also have minor influence.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Don't get mad at Luc.

He doesn't say it is going go to $6k without any conditions.

He says it will happen if it stays under $11k which is a pretty valid guess imo. I'll buy more tomorrow to help to invalidate this TA. If you want the same thing, you should too.

This thing won't go to $100k by itself, somebody has to buy it from $10k and $20k... $60k... and all the way up to $100k. Believe it or not, Some will even buy it at $100k.

This time BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up.  Cool

Bruh, I think 350-450k might be a bit ambitious for this cycle. That kind of price will come in 2025 or something a year after the 2024 halving.

Just my opinion but obviously would love you to be right.
member
Activity: 256
Merit: 62
Don't get mad at Luc.

He doesn't say it is going go to $6k without any conditions.

He says it will happen if it stays under $11k which is a pretty valid guess imo. I'll buy more tomorrow to help to invalidate this TA. If you want the same thing, you should too.

This thing won't go to $100k by itself, somebody has to buy it from $10k and $20k... $60k... and all the way up to $100k. Believe it or not, Some will even buy it at $100k.

This time BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up.  Cool
When it hits $100k the fomo will be real. I definately agree that we can see it run up to anywhere between $200k-$400k, and this will all go down within a month or so after hitting $100k
legendary
Activity: 3276
Merit: 2442

This time BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up.  Cool

I wasn't wrong, you are the mirror image of gembitz.

 Grin

$500k Weeeeeeeeeeeee

I hope you are right but probably not.
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.
Enky deserves much more respect IMHO as he predicted the bear and liquidated at ~$12k. Not sure if he rebought lower but at least he predicted the direction correctly...   
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.
Don't get mad at Luc.

He doesn't say it is going go to $6k without any conditions.

He says it will happen if it stays under $11k which is a pretty valid guess imo. I'll buy more tomorrow to help to invalidate this TA. If you want the same thing, you should too.

This thing won't go to $100k by itself, somebody has to buy it from $10k and $20k... $60k... and all the way up to $100k. Believe it or not, Some will even buy it at $100k.

This time BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up.  Cool
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.
masterluc, LOL.

Even a broken clock is right twice a day I guess.

That guy slings shit at a wall & some of it sticks but not much. He hasn’t got any good rep in this community any more. So bored of his ramblings.

Yeah he lost all of his reputation and credibility by failing to predict some massive events like the 2018 bear market for example. He has also admitted he sold all of his BTC already (at $600 like Roach did?) Due to that he lost most of his fans and switched to some vague general long-term predictions. What a clown.  Cool
legendary
Activity: 3122
Merit: 1538
yes
Exactly. Some people need to chill out during the ride towards $100k.
legendary
Activity: 3276
Merit: 2442
Don't get mad at Luc.

He doesn't say it is going go to $6k without any conditions.

He says it will happen if it stays under $11k which is a pretty valid guess imo. I'll buy more tomorrow to help to invalidate this TA. If you want the same thing, you should too.

This thing won't go to $100k by itself, somebody has to buy it from $10k and $20k... $60k... and all the way up to $100k. Believe it or not, Some will even buy it at $100k.

*btw I was looking at the exact same resistance line in the last few days as him.

It is possible that I didn't draw this lines correctly but it looks like it is breaking free:

That's why I said this.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
masterluc, LOL.

Even a broken clock is right twice a day I guess.

That guy slings shit at a wall & some of it sticks but not much. He hasn’t got any good rep in this community any more. So bored of his ramblings.
full member
Activity: 480
Merit: 129
HODL
Hello, brothers WO !
The day has come when Bitcoin costs 10 thousand again and here I am with you guys again. Smiley
legendary
Activity: 1806
Merit: 1164
I don't get why people still follow someone like masterluc who is not willing to post his analysis here for constructive criticism. The shine has worn off that particular penny IMO. That being said I expect any correction to stop at the weekly 20 MA. Let's see who is correct. Do I get a hat if I win?
legendary
Activity: 2534
Merit: 1129
......

More like $8.2-8.4k right now but it will probably get closer to 9k later on if it keeps going up without a correction.

...


The area around 10500 presents an important hurdle. If there is going to be a correction to that MA, then it could come from there.

If 10.5 is cleared ,bigger resistance is at 13.5k. Could correct from there as well.

This is all likely to take some time, as 10.5 has not even been tested on this move.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
@LFC I hope you don't mind I funded my silly game (and maybe some others in the future) indirectly from your pocket lol
Hey that makes you a sponsor I guess!  Grin

Smiley

Not all my friend.

Better use Wasabi so chain analysis doesn't get this info! Cheesy



Hey this is the first time in my life I can remember not having a team to root for before hand!

https://www.cbssports.com/xfl/news/xfl-2020-week-1-heres-how-to-watch-all-four-games-tv-channel-kickoff-times-full-weekend-schedule/


Hey New York might actually get a winning football team. Grin
legendary
Activity: 3276
Merit: 2442
Pro tip for free: at some point in a bull run BTC price will touch the weekly 20 MA. Use that as a low risk entry. Takes patience, just put in your buy order and adjust.
Thank you  Grin So this would be around ~ $9K right ?

More like $8.2-8.4k right now but it will probably get closer to 9k later on if it keeps going up without a correction.



*Btw, it never touched 20 WMA when it started going up from $3.8k to $14k so it might not be as valid as BitcoinNewsMagazine thinks. LFC's idea is probably a better one. Buy while you still can.

Sure it did early in the last bull run. If you want to be assured of getting filled just adjust your buy price up a few percent above the weekly 20 MA. Later in a bull run you need to use oversold indicators.



Why are our lines different than each other though? Did you mean 20 WMA or 200 WMA or something else?, kinda confused. Sorry, small screen, now i see

The oracle has spoken btw, masterluc says $6k is incoming.

https://www.tradingview.com/chart/BTCUSD/ME0DngUr-Short-term-analysis-ending-diagonal/

Tldr; If it goes to $11k, this prediction becomes invalid. If not, $6k.
*If this happens I am going all-in.
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