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

[dragonvslinux]

I said 13-13.5. We'll see how she goes

Only less than 4 days for the close of the poll timeline.. and several of you guys are subscribing to a kind of "the trend is your friend" BTC price theory for the upcoming days.  Whoazza

I won't complain if a MOAR bullish than expected BTC price performance situation plays out...


And, I already mentioned, a couple of times, I believe, that I am not personally going to be inspired with confidence about 4 digits being in our BTC price history (or in our rearview mirror) unless we get above our June 2019 high of $13,880.

I made my call based on that ~$13,800 resistance. I'm guessing we'll bounce lower off that by Friday.

PS:  By the way infofront, I just realized that you seem to be suggesting that you are anticipating a BTC price correction on or before Friday (that's how I read "by Friday).. so you are anticipating up and down before Friday, but then by the close of business (which maybe would be 5pm UTC or something like that when the daily candle closes), then the BTC price would remain within the range of your $13-$13.5k  prediction?  I would not consider  $13-$13.5k to be much of a correction if $13,880 might be the top for this period.... but hey, your scenario is more optimistic than mine, and you are not going to find me whining about not having enough bitcoin (unless, I am just faking it.. hahahahaha)..

$13-$13.5k is totally possible by Friday, not just because anything is possible in Bitcoin, but because price made a considerable move yesterday that could easily be the beginning of a parabolic run to higher levels. To me this means price can correct back down to $10K to find support and move higher in a more sustainable manner (hopefully), or otherwise, if we don't see a correction continue by tomorrow, and instead Bitcoin moves above the recent $11.4K high, then somewhere upto $14K could easily happen within 48 hours (confirming a parabolic move). This doesn't mean $10K wouldn't get re-tested if price confirms a parabolic move, just that it'd be slightly less likely imo.

Personally, I think consolidating lower to confirm the breakout is more likely, could take a few days, even a few weeks. But more relevantly, if this doesn't happen, then $14K levels by the end of the week is totally feasible. Bare in mind Bitcoin moved 25% up within just 7 days. If the days of the week were ordered differently, the Weekly candle would not be considered a break-out engulfing candle, but also a parabolic move*. Ironically this wasn't the case, but it doesn't mean price didn't begin a parabolic move, only that the first day of the week in Monday and therefore there is much less confirmation of this parabolic move.

*Worth remembering that in April 2019 Bitcoin moves 24% up in price within a week after also being in a range for months, but took a few weeks to consolidate the new price level before moving much higher. Don't be surprised to see price move sideways for a considerable amount of time without a $10K dip occurring either.

Hodl on I say, buy the dip at $10K if possible

[cygan]

 

[JayJuanGee]

The good thing is that it's not Barting...

Downward pressure is quickly counteracted by pampenings...

Soon the last remaining barriers will fall and the bull will be unleashed.

$20k by Xmas? *drools*

Slightly possible. But I sincerely hope it doesn't go to attack the 2017 ATH until 2021. It will be better in the long run that way. Fuck FOMO.

I agree. Slow and steady. No need to be greedy. Let the Badger do its thing.

Even $13k to $15k by Xmas is fine by me.

2021 will be the "Year of the Moon" for Bitcoin.

What we like and/or what we prefer is NOT how dee kingdaddy h. badger rolls.   

[vapourminer]

i dont trust bots. (apologies to JJG)

I don't trust stealth helicopter wannabes...  (hahahahahaha... whoops... did I go too far, with my desire to humor my lil "selfie"?)

 

well ok ya got me. i was never improved past that very early experimental prototype due to an unfortunate incident involving several.. well several umm.. reasons. yeah.

[Wekkel]

https://pbs.twimg.com/media/EeBrE_SU8AETcot?format=jpg&name=small

The basis for crypto windfall taxes.

Because fair 

[Last of the V8s]

Looks ready for more up, maybe after the new day. Unleash the green dildos. Get yer rockets out for round 2.

[Last of the V8s]

https://twitter.com/Vizique/status/1288232582644150272

How's those Forks workin' out for ya?

[JL0]

Masterluc's chart from March:

Newest Update from him 1 Hour ago:

Comment: Idea closed. Triangle broken. Hope so... )) Looking what to post next.

[Last of the V8s]

Who knew? Someone, clearly. Bit early.

Meanwhile in other ups:

https://youtu.be/k001JX-D-dA BITCOIN PUMP IT UP↑
(sorry for Roger bit at end  )

[LFC_Bitcoin]

https://twitter.com/excellion/status/1288239009504714752?s=21


Mentally? - Unsure!
Physically? - My body is ready!

[bitmover]

Where to build our Citadel?

I miss a top 5 beautiful women stats

[vapourminer]

Where to build our Citadel?

mars. but we need to send some expendable peons to terraform it 1st.

[rdbase]

Should have put all the money in bitcoin, claim he’d lost access to them. Hide the private keys somewhere, do his jail time & then access the corn when he got out.

Launder it: eat the key in court, then sell interviews and books for new btc.

Who did/is going to do that?
Karpeles?
That Mt.Gox guy is gonna make ultimate bank after they serve their jail time for sure.

If anyone deserve that rusty pipe mentioned in this thread the last week, it's Mark. I hate that guy with a passion. He fucked me up financially.

Unfortunately, he is not in jail.

On March 14, 2019, the Tokyo District Court found Karpelès guilty of falsifying data to inflate Mt. Gox’s holdings by $33.5 million, for which he was sentenced to 30 months in prison, suspended for four years, meaning he will serve no time unless he commits additional offenses over the next four years. The Court acquitted Karpelès on a number of other charges, including embezzlement and aggravated breach of trust, based on its belief that Karpelès had acted without ill intent. Nonetheless, the verdict said Karpelès had inflicted “massive harm to the trust of his users” and there was “no excuse” for him to “abuse his status and authority to perform clever criminal acts.”[38] Karpelès issued a statement saying he was “happy to be judged not guilty” on the more serious charges and was discussing how to proceed with his lawyers regarding his conviction on the falsifying data charge.

https://en.wikipedia.org/wiki/Mark_Karpel%C3%A8s

Yeah he is staying close to the mt.gox headquarters in Japan last time I saw anything about this guy from a three year old docufilm. Cause if he ever sets foot on us soil you best believe he will get handcuffed even before he sets foot of the plan. For tax evasion or something to do with fraud.
He must have really good lawyers.
Game-Protect type lawyers I bet.
So you know where all that money is going to go to after he gains access to those keys on his laptop. Lawyers fees are a biatch!

https://twitter.com/excellion/status/1288239009504714752?s=21

Mentally? - Unsure!
Physically? - My body is ready!

[Hueristic]

Where to build our Citadel?

mars. but we need to send some expendable peons to terraform it 1st.

Hey, I guess we found a usecase for BsvTards!

[yefi]

So you know where all that money is going to go to after he gains access to those keys on his laptop. Lawyers fees are a biatch!

Didn't Wizsec research show that the missing coins were laundered to BTC-e by Vinnik? They recently recovered nearly $100 million from one of his bank accounts too. Or is this all some elaborate plot by Mark, a la Keyser Soze?

[xhomerx10]

Where to build our Citadel?

mars. but we need to send some expendable peons to terraform it 1st.

 Reminds me of this - https://youtu.be/GvUQRU-JxI0
 Expendables 7 (parody)

[rdbase]

So you know where all that money is going to go to after he gains access to those keys on his laptop. Lawyers fees are a biatch!

Didn't Wizsec research show that the missing coins were laundered to BTC-e by Vinnik? They recently recovered nearly $100 million from one of his bank accounts too. Or is this all some elaborate plot by Mark, a la Keyser Soze?

That would be the Soze you have been looking for.
He was a magic the gathering games master so he can take many forms...
in his mind.

[Searing]

I myself ...probably simplistic view...but I think that the PayPal considering BTC/Crypto is the main reason for this pump

by the time it sunk in and was not dismissed by PayPal...which is a first on such speculation...

anyway....that got the ball moving this month...other stuff followed IMHO.

https://expressdigest.com/paypals-entry-into-cryptocurrency-is-a-giant-step/

When and if eBay was ever to take this via PayPal..this would be huge worldwide..in that no one would care about some guy with no bank

and no credit card etc in the Ivory Coast wanting to buy something off of say www.newegg.com with BTC, because the security is the

BTC itself, not banking info and credit cards, etc as per usual. Which is outside the realm of most developing countries folk.

No corrupt Ivory Coast banks to bribe or go through....(maybe iffy postal service) that would be huge..lots of do-dads someone from a developing nation

could get with BTC and PayPal with that option worldwide that is locked out of their grasp now...even with a modern cell phone service, snd BTC connected Paypal.

Anyway, what started the PUMP for BTC IMHO ...admitted scrutiny now by PayPal for a BTC option on their platform.

(hell, I'm probably wrong but a guy can dream about fairy-dust/rainbows and unicorn farts...right?)

Anyway my 2 satoshi view

[jbreher]

https://twitter.com/Vizique/status/1288232582644150272

How's those Forks workin' out for ya?

Quite well, I say old chap.

[JayJuanGee]

https://twitter.com/Vizique/status/1288232582644150272

How's those Forks workin' out for ya?

Quite well, I say old chap.

I blame v8 for this.