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

[LFC_Bitcoin]

On August 24, 2018 I called for Bitcoin to drop 50% to $3k before rallying back over $10k.

That call was deadly accurate and allowed Morgan Creek Digital to buy the dip.

Here is my next price target.

offthechain.substack.com/p/bitcoin-is-l…

https://twitter.com/apompliano/status/1143131557827211266?s=21

The POMP is one of my favourite crypto peeps on Twitter.
I think $100,000 6 months earlier but we will see -

[kenzawak]

On August 24, 2018 I called for Bitcoin to drop 50% to $3k before rallying back over $10k.

That call was deadly accurate and allowed Morgan Creek Digital to buy the dip.

Here is my next price target.

offthechain.substack.com/p/bitcoin-is-l…

https://twitter.com/apompliano/status/1143131557827211266?s=21

He must read the W.O.

[xhomerx10]

 No merits please.  Just pointing it out

[nutildah]

The Rogue Wave and coming nosebleed ATH and collapse of Core BitcOn (perhaps to ~$775 at the halving).

Troll alert.

Hmm... 90% of your posts across a 3 year history are talking about 1 or 2 users. There's something funny about your account.

Oh, that's right, you're this guy:

From the author

Hungry desire to feel relevant much? What was the story behind that guy anyway... Let's have a small reminder and feed the troll at the same time (who is in no way here on the forum posting in this very thread I'm sure   ):

Keep in mind this is a guy that at one point asked the mods to ban or disable his account to make him stay away. I think that was the anonymint one. Then he came back later with I think at least one other account prior to the iamnotback though I can't remember what that one was as it was well over a year ago. He has some inciteful things to say at times if you can strip away all the nutty stuff but much of the time he just comes across as a raving nutcase. Some of the stuff he's said recently, like how bitcoin was about to crash (I think it was over a week ago), how segwit had been defeated on BTC and LTC, just makes it hard to take him seriously...

Nothing has changed in 2 years apparently.

[lightfoot]

We need to find that Wiley Coyote gif....

[Phil_S]

OK, made by own "2017 vs 2019" overlay:

[yefi]

No merits please.

Nobody tells me what to do.

[Toxic2040]

-snipped-

 No merits please. 

I can not accept this premise. Just pointing that out.

+4 WOsMerit's

-----

Good morning folks

charts coming soonish..maybe unnecessary as Phil_S is laying down the hammer on us..  You little sandbagger you.   

[ssmc2]

Bitfinex to introduce 100x leverage...

The Rogue Wave and coming nosebleed ATH and collapse of Core BitcOn (perhaps to ~$775 at the halving).

So we all need to move our coins to legacy addresses?

[xhomerx10]

No merits please.

Nobody tells me what to do.

 I said please

 Thanks.

I can not accept this premise. Just pointing that out.

 You guys are the best.

[Biodom]

OK, made by own "2017 vs 2019" overlay:

About 80K 2019 local top...I can live with that  
I am already seriously jealous of some countries (Germany), citizens of which do not pay any capital gains if they held corn for more than a year.

[Toxic2040]

So we all need to move our coins to legacy addresses?

I have no knowledge if this is a thing or not. Hell of a rumor to start however if you wanted peeps on one side of a fence or another is what I am thinking.

[JSRAW]

[Toxic2040]

Ok..after gazing at the charts for a bit..here you go.


Bitcoin continues to draw support off of the 0.5 long fib as we near a consolidation phase much needed for indicators to 'relax' somewhat. That being said, we also are seeing that late monthly buying trend still in play.
In a perfect world I imagine the price continuing the bull walk until around the 29th of June and then beginning consolidation efforts during the coming long holiday weekend at the first part of July.

I think most of you are aware by this point that it is not a perfect world so I would suggest you #dyor

So to sum it up, no..the baby bull market is not just going to suddenly turn itself off today but there will be times of consolidation.


1h


4h


D

#stronghands'19

[JayJuanGee]

The Rogue Wave and coming nosebleed ATH and collapse of Core BitcOn (perhaps to ~$775 at the halving).

Troll alert.

Hmm... 90% of your posts across a 3 year history are talking about 1 or 2 users. There's something funny about your account.

Oh, that's right, you're this guy:

From the author

Hungry desire to feel relevant much? What was the story behind that guy anyway... Let's have a small reminder and feed the troll at the same time (who is in no way here on the forum posting in this very thread I'm sure   ):

Keep in mind this is a guy that at one point asked the mods to ban or disable his account to make him stay away. I think that was the anonymint one. Then he came back later with I think at least one other account prior to the iamnotback though I can't remember what that one was as it was well over a year ago. He has some inciteful things to say at times if you can strip away all the nutty stuff but much of the time he just comes across as a raving nutcase. Some of the stuff he's said recently, like how bitcoin was about to crash (I think it was over a week ago), how segwit had been defeated on BTC and LTC, just makes it hard to take him seriously...

Nothing has changed in 2 years apparently.

Yeah... we just WUV hearing what banned ex-forum members have to say on the regular.    Thanks Traxo.

[VB1001]

#bitcoin $11,000 and relative strength index RSI 68
red -> green -> .. blue!

https://twitter.com/100trillionUSD/status/1143195872022257664

[Febo]

OK, made by own "2017 vs 2019" overlay:

It is totally possible. I started speculate that we will have two bull runs in this cycle same as it was in 2013. April and November runs.   So we reach ATH of this run at end of this or beginning of next year and then crash. I doubt there will be a 80% crash. And a year latter we have the final bull run of this 2020 halving Bitcoin cycle.

[JayJuanGee]

So we all need to move our coins to legacy addresses?

I have no knowledge if this is a thing or not. Hell of a rumor to start however if you wanted peeps on one side of a fence or another is what I am thinking.

The BIG blockers have gotten on this kind of Shelby/annuymint  dumb ass talking point for at least a year and a half now, in some kind of desperate attempt to stifle segwit adoption by propagating baloney pie in the scenarios that are largely just nonsubstantiated FUD spreading campaigns.

[Biodom]

OK, made by own "2017 vs 2019" overlay:

It is totally possible. I started speculate that we will have two bull runs in this cycle same as it was in 2013. April and November runs.   So we reach ATH of this run at end of this or beginning of next year and then crash. I doubt there will be a 80% crash. And a year latter we have the final bull run of this 2020 halving Bitcoin cycle.

I am of the same persuasion (two peaks as in 2013): https://asktom.cf/index.php?topic=178336.msg51518490#msg51518490
The gist of it: up to 65K (in 2019, early 2020), down to $16.7K (before halving), up again to $300K.
Perhaps, this would emerge as WO "prediction" consensus.

[eddie13]

$300K.

I think it could hit as low as 3k

hodl for 300k

Hmmm hmm hm hmm