Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
El duderino_
on 20/12/2018, 10:32:30 UTC
⭐ Merited by Majormax (1)
I suspect she had a low amount of bitcoin’s & was bitter about selling way too early (back in the day). She constantly said there’d be dumps.

If you throw enough shit at a wall eventually some of it will stick.

She retired so she must have done alright - at least on face value. 

could the PUMP al be cause HM's 888 merit count ?
chinese luck and shit .....

where are we going HM?



After that bearish daily candle yesterday I thought we would have a pullback today. But we pumped higher on  huge volume. Shorts were piling  up and they got squeezed. If we  can have a daily close above the 3972 level I expect more upside

This level is the bottom of a bearish daily block. Midrange of a 3 day block and also midrange of monthly bullish block that got broken. So level with a lot of confluence. It would be bullish if we can close above.

But still we have to zoom out, this is the first meaningful pump/bounce we had since falling off a cliff from 6k. Markets don't move in straight lines. We still have to make our first higher high on the daily.
Therefore we need to close above 4.4k, until that happens the trend is still bearish. I dont expect us to break 4.4k without first making a higher low in the 3.6k area. If that higher low fails we will see new lows