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

[Emeraldo]

Trump just advocated for Bitcoin in his speech at the America Business Forum in Miami, Florida!  

That is a win for America and also a win for Bitcoin. This will change the current situation of Bitcoin.
Trump is doing well for advocating for the number digital currency ever created.

[Hueristic]

This is also true... heh.

without a doubt.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitHodlers]

This is also true... heh.

You started posting memes? That is the spirit, we need more of this. 

[OgNasty]

Here’s a chart I found on the interwebz. The four year cycle folks (like myself) have to be searching for the exits. Now might not be the right time, but time is running out quickly to sell above $100K if you ask me. I don’t think we’ll see $118K again for a few years. As always, I’d love to be wrong.

[BitHodlers]

Here’s a chart I found on the interwebz. The four year cycle folks (like myself) have to be searching for the exits. Now might not be the right time, but time is running out quickly to sell above $100K if you ask me. I don’t think we’ll see $118K again for a few years. As always, I’d love to be wrong.

Right and we couldn't possibly be somewhere like this? Drop from $7400 to $5800 so more than 20% from the ATH at those dates in 2017. November 7 to November 11.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

At first i thought that these are orgasm plotting graphs for two partners.
Sometimes one comes first, sometimes the reverse, lol.

Just look at the non-bitcoin graph in the last 12 mo...what does it predict..absolutely nothing or, maybe, more zigging and zagging.

I can give one example of why the bull is not over, but I already tried hinting at it before while being frowned upon (or at least getting a "cold shoulder")...about 200% lower.

[BitHodlers]

I can give one example of why the bull is not over, but I already tried hinting at it before while being frowned upon (or at least getting a "cold shoulder")...about 200% lower.

Care to repeat? I'll give you a warm shoulder.

[Biodom]

I can give one example of why the bull is not over, but I already tried hinting at it before while being frowned upon (or at least getting a "cold shoulder")...about 200% lower.

Care to repeat? I'll give you a warm shoulder.

I don't want to post anymore about this subject..personally, I am not buying it, but it was and maybe still is an interesting trade.

[BTCETFInvestor]

I can give one example of why the bull is not over, but I already tried hinting at it before while being frowned upon (or at least getting a "cold shoulder")...about 200% lower.

Care to repeat? I'll give you a warm shoulder.

I don't want to post anymore about this subject..personally, I am not buying it, but it was and maybe still is an interesting trade.

I'd like it repeated also. 

[asUHWEceyc]

Here’s a chart I found on the interwebz. The four year cycle folks (like myself) have to be searching for the exits. Now might not be the right time, but time is running out quickly to sell above $100K if you ask me. I don’t think we’ll see $118K again for a few years. As always, I’d love to be wrong.

So how deep is the bear? Wick below 30k in 12-14mo before reversal?

[philipma1957]

A message to the bears 🐻 on this thread.

Japan will fuck you up

https://www.yahoo.com/news/articles/japan-deploys-troops-wave-deadly-010219526.html?fr=sycsrp_catchall

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

~snip
So price goes up when sun does pew pew with flares?

 No.  This is my hope.
 Apologies if I implied a causal connection.

[goldkingcoiner]

A message to the bears 🐻 on this thread.

Japan will fuck you up

https://www.yahoo.com/news/articles/japan-deploys-troops-wave-deadly-010219526.html?fr=sycsrp_catchall

Japan has strict gun laws and the troops will not carry firearms or hunt the animals.

They will instead arm themselves with bear sprays, sticks, shields, goggles, bullet-proof jackets and net launchers

Could prove entertaining. Think of it as the japanese version of Wildboyz.

[xhomerx10]

A message to the bears 🐻 on this thread.

Japan will fuck you up

https://www.yahoo.com/news/articles/japan-deploys-troops-wave-deadly-010219526.html?fr=sycsrp_catchall

 Sounds like a bear cull is needed here and there. 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[SPIDERMAN008]

This is also true... heh.

ZOOM OUT

[OgNasty]

Here’s a chart I found on the interwebz. The four year cycle folks (like myself) have to be searching for the exits. Now might not be the right time, but time is running out quickly to sell above $100K if you ask me. I don’t think we’ll see $118K again for a few years. As always, I’d love to be wrong.

So how deep is the bear? Wick below 30k in 12-14mo before reversal?

I think it is too soon to start calling bottoms. The number I’m throwing out now is $60K, but $40K wouldn’t surprise me. There is no major support until $76K… Rather than worrying about how low we are going to go in the next cycle, it would be wise to start reducing exposure on the peaks. The risk/reward has clearly shifted and I’m seeing a lot of denial out there. Never sell all your BTC, but make sure if you do sell any, it is at cycle peaks, e.g. 2013,2017,2021,2025,2029, etc. You don’t have to sell now, but make sure you aren’t the guy selling at $50K in 14 months.