Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8611. (Read 26720873 times)

Could be weekend dumping?

Don't really want it, but seems to be a kind of reasonable correction from the UP wave that happened over the past couple of weeks - including the tangential BSV baloney.


Part of my issue with the latest pumpening of the last couple of weeks remains that shitcoins were appreciating more than BTC during such pumpening, which does not seem to be a healthy pump... but I don't know... I don't know...  

I have been sensing that some shitcoins are going to come along with BTC for our next exponential growth into 2020-2021... but I was thinking that it might NOT be the ones that we expect.. well especially Bcash ABC and Bcash SV... and yeah, maybe some aspects of ethereum, but that project seems to have a lot of room for failing too, ... but who can know?  There can be some combinations of really shitty projects that are already established and new shitty projects that are still building themselves some pumpening potentials.

One thing about dumb money, though, is that it does not necessarily need to be so obvious, like many of us long term bitcoin HODLers can see.. so maybe we do get continued pumpenings of some of those already dumb projects, implying Bcash ABC, Bcash SV... and ethereum... and might as well throw ripple in there too...

Edit:  so potential lows  over the weekend that extend into next week that might approach $7k for this dump.. or maybe $7.2k..   My own little soma ^{tm (eddie)}   and I am NOT even saying that I want it... I would rather just go up from here, but seems like there exists some short term down momentum... how low it will go remains another to be determined matter.

@LS rewrite please thx

Bot writing nonsense ....

Set humor to 75%.

$6k/bitcoin feels like a dream. I don't know if I could resist going all-in at that price.

$6k or $100k, whichever comes first, I win either way.

Leg go!

Does it have anything to do with bitcoin and wall observing?

Likely not.




In other words, who gives any shits? 


Apparently some peeps do.

Amun Launched Short Bitcoin ETP on Leading Swiss Exchange SIX

https://cointelegraph.com/news/amun-launched-short-bitcoin-etp-on-leading-swiss-exchange-six

https://twitter.com/infamousXBT/status/1220120358835179520

FIRST, I have to put my WO HAT back on!

SECOND, simple analysis will follow soon what could happen until halving.

EDIT:

{start: simple analysis}

if zone $8141 (38.2%) will hold it was just an usual retracement.

if zone $7505 (61.8%) will hold it was just a strong retracement.



last zone of defense is $7053 (78.6%). this MUST hold or I will turn to gay too!!   #nohomo until now!


EDIT2:

my dear WO buddies don't think we did leave the bearish trend already.

we have to conquer firstly the zone $9261 (38.2%), then secondly the zone $10980 (61.8%).



the last defense of the bearish trend is zone $12205 (78.6%). but then the way to heaven is wide opened!

{end: simple analysis}

tripple #nohomo and peace out.

Duh... we should've stayed over $9000, but it seems like bears really want us to keep remembering Vegeta and Dragon Ball memes.

number go down

jojo keep working

short my ass, Amun AG! IMO there are already enough tools to short bitcoin. it's really time for some new major longing tools. Are ETF's still vaporware in 2020?

Amun AG is launching a new ETP to short Bitcoin

Amun AG has listed a new inverse bitcoin exchange-traded product (ETP) on Switzerland’s primary stock exchange SIX.

An inverse ETP allows to earn a positive return when an underlying asset (in this case - bitcoin) falls, as it allows shorting. Amun’s inverse ETP, dubbed “21Shares Short Bitcoin ETP (SBTC)," allows investors to short bitcoin (BTC), Hany Rashwan, co-founder and CEO of Amun, told The Block.

https://www.theblockcrypto.com/post/53821/amun-rolls-out-new-inverse-bitcoin-etp-that-allows-traders-to-capitalize-on-negative-price-movements

Worst case scenario is $6.5 or even $6K at the most, so why worry?

And to reach that low there are a few bunch of resistance levels that would need to be broken, so very unlikely.

Just focus on $10K+ by around the halving time and we are good.

Also look at DAT HASRATE!

@hairy, silence yourself......

At least being seen. When in 2018 first "crypto" people were invited to Davos was to me totally surreal. And most of those invited had relation to crypto only that they financed their project through crypto with ICO. Now two years latter we at least see people talking in Davos that understand crypto. I guess all were small but important steps to get to where we are now. All this I could not even imagine back in 2014.

#nohomo

Between 8,200 and 8,175 it is an important area, if it holds here we are fine.

Price is good but still a touch on the high side.  It could do with dropping down into the high $7ks. 

More people should be happy with buying at whatever of these prices... we only have seen bargain prices for as far as I know

Interesting TA


May put some buy orders near the Bargain Boyz zone.
Hmmmmmmmm