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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9329. (Read 26711605 times)

legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Anyone has any wild guess at which price the real support might be at?


7200-7450 is major support zone (vwap, fib, cme gap, htf support).

If this breaks we are officially rekt.


Edit:

Btw. Personally I believe 7k's is the bottom and thus long now.

On htf we can also see a hidden bullish divergence forming.

I suspect we'll see a spike below, just to freak us out.

I think the ones that would fear or get afraid by this..... they already are out

Hehe... ok. I guess we're fine then.
legendary
Activity: 2744
Merit: 13618
BTC + Crossfit, living life.
Anyone has any wild guess at which price the real support might be at?


7200-7450 is major support zone (vwap, fib, cme gap, htf support).

If this breaks we are officially rekt.


Edit:

Btw. Personally I believe 7k's is the bottom and thus long now.

On htf we can also see a hidden bullish divergence forming.

I suspect we'll see a spike below, just to freak us out.

I think the ones that would fear or get afraid by this..... they already are out
legendary
Activity: 2744
Merit: 13618
BTC + Crossfit, living life.
I know it sounds impossible. But any chance to see 1-2k?? I have cash lying around and I seriously would go all in on these levels.

That would be dumb to wait for that price level.

Not even after 30 years, I guess.
I think by this time, it will hit again below $5,000... If it strikes the $7,000 during 1st week of October then the possibility of having a Pump will be a slight crucial. The much possibility is it will go down deeper. So, gonna stick with $5,000 and expect nothing more.

Lets hope the weekend-bull appears to kick off October as it should be kicked off
Yeah, you wish 😂

You wrong, below 5K = you wish...
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Venezuela Has Bitcoin Stash and Doesn’t Know What to Do With It

I could think of a few things to do with it.

Awesome but too early, not the attention we need right now.
member
Activity: 1204
Merit: 38
ICOs only concentrate on the promotions then only they can make millions but they have no worries even if it is failed because they are paying people with their shit tokens only. Cheesy
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Anyone has any wild guess at which price the real support might be at?


7200-7450 is major support zone (vwap, fib, cme gap, htf support).

If this breaks we are officially rekt.


Edit:

Btw. Personally I believe 7k's is the bottom and thus long now.

On htf we can also see a hidden bullish divergence forming.

I suspect we'll see a spike below, just to freak us out.
hero member
Activity: 605
Merit: 634
I think Schlitzie was a guy.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Greta Thunberg sings Swedish Death Metal

https://youtu.be/CLxpgRqxtEA
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"

how dat bottom lookin now?

You know posters are a bit disingenuous when they start revelling in bottoms... as a kind of poking...

Goes to show that they likely don't have too many coins... to get so excited about the pains of HODLers.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Shit, why did binance have to open a futures market...must resist.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
2)  for the sake of argument, let's assume that there is some kind of problem with bitcoin, ... a very long shot, maybe in the less than 1% region,

So all that _really_ separates our positions is a relative likelihood.

One of my weak spots is never say never, especially when it comes to predictions, but I suppose you have caused me to breach my own principles a few times with your ongoing nonsensical assertions.


3) what you are really hoping is that your bags pump....

Sorta. Not really. I am expecting that the strategic flaw within the Core philosophy will surface as soon as the next FOMO happens. Such FOMO will expose the folly of strangling tx capacity with a centrally-planned production quota thereupon. This strangulation will result in Blockalypse II, with another drastic drop in market cap dominance. Those wanting to use Bitcoin, but unable to due to long waits even with huge tx fees, will reevaluate the choices in front of them.

At which point the obvious set of choices would be the other Bitcoins.

Until then, I expect BTC will do relatively well in the marketplace. Upon Blockalypse II, I expect a massive move from BTC to BCH and/or BSV.

When FOMO? I can't predict. But I'm positioned to benefit.

Oh gawd.   Roll Eyes

Your description of your expectations is not really out of line with what I expected you to say.  There are a lot  of presumptions built into that, but likely your BTC holdings (profits) are sponsoring (or would the word be "enabling") you to engage in such seemingly preposterous pie in the sky speculations about a possible future that has quite less than 1% likelihood of happening. 

Part of the problem remains that you are likely putting way more than 1% of a hedge into such a fantasy scenario because you are giving such scenario way higher odds, maybe even greater than 50% (no you are not that dumb, maybe 30%.. but still.. even that is high).. 

By the way, I bet that you are giving quite less than 50% odds to your pie in the sky bcash hedging scenario, even though you are talking about your pie in the sky bcash hedging outcome as if the odds were greater than 50%.  Don't you consider that representation from you to be a bit misleading?
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
legendary
Activity: 1428
Merit: 1166
🤩Finally Married🤩
I know it sounds impossible. But any chance to see 1-2k?? I have cash lying around and I seriously would go all in on these levels.

That would be dumb to wait for that price level.

Not even after 30 years, I guess.
I think by this time, it will hit again below $5,000... If it strikes the $7,000 during 1st week of October then the possibility of having a Pump will be a slight crucial. The much possibility is it will go down deeper. So, gonna stick with $5,000 and expect nothing more.

Lets hope the weekend-bull appears to kick off October as it should be kicked off
Yeah, you wish 😂
newbie
Activity: 1
Merit: 0
я дyмaю тaк и бyдeт
full member
Activity: 242
Merit: 101
https://twitter.com/yassineARK/status/1175155663128944641
Quote
It never ceases to amaze me just how prescient The Sovereign Individual was for its time.

20 years later, applying its ideas to Bitcoin is more relevant than ever.

A thread on the implications of Bitcoin: The Sovereign Individual edition

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Daily RSI is at 20.

The only time we have been this low in the last couple of years was when we bottomed at $3.1k.



This is strongly suggestive of bottoming.

And we have a bullish divergence on the 4 hour




Time to bounce
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Anyone has any wild guess at which price the real support might be at?

I think there is some pretty solid support around 5700, then the low 3Ks

Et tu, Brute?
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