Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Last of the V8s]

good god...the carnage

[Last of the V8s]

join the dots, chaps ... the bottom is not yet in.

[ivomm]

So... this means I have to start thinking about making an actual career and stuff?

We may have to shelve plans on that 10 bedroom mansion with 25 acres of land until 6-12 months after the halving, yes.

Well, some whale lost his patience, so what? May be he is an early adopter, or may be he bought at 18K-ish and now is furious he lost so much   The price will recover sooner or later. I am still determined to start selling for a house at 40K-ish price. And I will hold 2/3 BTC's until I retire. I don't care if the 2014-2015 scenario will repeat or not. Btw, there are 3 differences:
In 2015:
1.  most of the people didn't know about bitcoin, let alone buying it. Now most of the people know and are thinking about buying. May be they are waiting for a good price or LN  
2.  no hope for Institutional investments. Now Coinbase, Van Eck Associates Corp., SolidX, Goldman and Sachs are ready to start deals.
3.  miners were still very profitable, while now they are on the edge. As from today all home miners in countries with electricity price >0.14$ lost their profit. Soon the rest will follow. Usually this means a coordinated attack to pump the price. We'll see...

[yefi]

I would like to think of myself as (somehow ?) a higher class than lambchop.

A filet mignon?

[El duderino_]

i am to not a TA kind of guy cause just don't understand it ......when i see the drawings with an uptrend ending i enjoy them offcourse ....
but as its going DOUG POLK bet is not looking very good     

[El duderino_]

QUICK list 12288 is finisht GOOD LUCK   WO's

16/04/2018 serveria.com
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10/04/2020 yefi
05/09/2020 samson    
23/06/2021 fortune143              


it would be nice sending some BTC in the month of JUNE      

[UnDerDoG81]

Do whales know something we dont? Just read somewhere a whale moved 90k coins to exchanges.

Link?

Ask this guy...

https://asktom.cf/index.php?topic=4327795.msg39822703#msg39822703

[Fatman3001]

$6800 will actually be an "almost triple-bottom". Exact triple-bottom should be at around $6600:

Touched it, bitcoin has successfully made a sweet triple bottom.

We'll see. That bottom looks ripe to get penetrated.

[cAPSLOCK]

$6800 will actually be an "almost triple-bottom". Exact triple-bottom should be at around $6600:

Touched it, bitcoin has successfully made a sweet triple bottom.

Hmm.  It has to hold before I'd call it successful.

[PoolMinor]

I feel this dip won't be that strong but I do believe there will be a run to around ~13K before the long cold real bear market. My bottom price prediction is nearer to ~6500 for the very near future. by June 10

Care to explain your basis for such wide spreads ?

Since the bubble, we've been trading largely into a corner with lower highs and higher lows. That would suggest that we'll break out in one direction or the other, but not one first, then reverse all the way back beyond the lowest low. If it broke out up to your 13k level we'd have by then have had many successful retests of the 6500 support.

The "long cold bear market" of 2014/15 happened because there was no shoulder support for the December 2013 peak as there is now. It therefore had to retrace all the way back to the April 2013 266 high to find support.

[jojo69]

all those nights I could have been playing Call of Duty instead of mining

a life wasted

[cofefeGandalf]

So... this means I have to start thinking about making an actual career and stuff?

Ssssshhhhhhh don't say such horrible things! [it's-fine-gif]

[4rt3m]

If I would be a Lamborghini dealer, I would call the clients with pre-orders right now, just to check if they changed their mind.  

[infofront]

Hopefully, a triple bottom will brighten everyone's day.

[BitcoinNewbie15]

Hopefully, a triple bottom will brighten everyone's day.

[bones261]

I'm sorry, but these BTC market bottoms look more like this to me:

[4rt3m]

Hopefully, a triple bottom will brighten everyone's day.

Week later:

[Toxic2040]

my baby fits me like a flesh tuxedo

+1 WOsMerit

I am unsure what this means..but I like it and think its worth merit.

Honestly the more I watch this thread the less I trust charts it's all about random ass fucking spikes up and down.

You're entitled to your opinion.  Just as I'm entitled to continue posting my charts.  After all, this is a forum for, "BTC/USD - Bitcoin price movement tracking & discussion"

Indeed.  Learning to use something like this might be appreciated I am thinking..ymmv.  [img width=?]  ffs smaller charts please..

i am to not a TA kind of guy cause just don't understand it ......when i see the drawings with an uptrend ending i enjoy them offcourse ....
but as its going DOUG POLK bet is not looking very good     

Gotta keep the faith dude..keep the faith. It aint over till its over.
TA is like your 80's internet connection..most of the time it worked, but when you really wanted it..guess what..it was out or slow as heck. 

Hopefully, a triple bottom will brighten everyone's day.

+1 WOsMerit

Quite brighter now...ty.
I do have a pressing question however..  I believe we need to have these particular bottoms quantified and rated from left to right..what say you gentlemen?

For me..I have to say I appreciate the one on the far right the most..  Not sure if its that smile that accompanies it or the slight knock knee'edness...

[Vlada69]

Maybe if info is willing to change thread name to bottom loverz

[Anon136]

what price does tone win his bet?