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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12445. (Read 26716595 times)

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Volume is declining on all time scales. Probably volatility too.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
Good morning guys.

Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play.


The same resistance/support area's are still $4.220k/$3.772k   Breaking thru either direction is going to take some work and will bring a clearer signal to the market.  


Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?
By that logic we would've been in a bull market since 6k. So no, I don't think closing around this level is necessarily bullish.

We've also been descending for the past few days since the last high (~4400) and 2h/4h/6h/12h charts look bearish more than anything. Can see either another drop, or a reversal that could be followed by either another drop or the beginning of the next bull market. In either case, a lot of people are going to get rekt trying to trade this.

It makes sense. I am not trying to trade this since what I do is mostly scalping and currently I think that the price is not going to stay at this range for long. I am inclined to think it could break up in a few hours (after weekly close) but it could perfectly go down as you say.... Not going to trade that... not yet. I am almost 100% in anyways.
legendary
Activity: 1652
Merit: 4393
Be a bank

Riccardo "fluffypony" Spagni, luigi1111, NoodleDoodle, smooth, tacotime, Franciso "ArticMine" Cabañas, othe, [Keyser Söze]
/jk
legendary
Activity: 938
Merit: 2540
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Good morning guys.

Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play.


The same resistance/support area's are still $4.220k/$3.772k   Breaking thru either direction is going to take some work and will bring a clearer signal to the market.  


Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?
By that logic we would've been in a bull market since 6k. So no, I don't think closing around this level is necessarily bullish.

We've also been descending for the past few days since the last high (~4400) and 2h/4h/6h/12h charts look bearish more than anything. Can see either another drop, or a reversal that could be followed by either another drop or the beginning of the next bull market. In either case, a lot of people are going to get rekt trying to trade this.

Yes, everyone is waiting for this market situation, it is a bit risky but if we stay above 4000$ it could go up to 5000$ and then go back to 3500$
(they will open many shorts)

This is what the market expects...

(Sorry I'm a rookie I can not put a picture)
hero member
Activity: 1358
Merit: 834
Good morning guys.

Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play.


The same resistance/support area's are still $4.220k/$3.772k   Breaking thru either direction is going to take some work and will bring a clearer signal to the market.  


Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?
By that logic we would've been in a bull market since 6k. So no, I don't think closing around this level is necessarily bullish.

We've also been descending for the past few days since the last high (~4400) and 2h/4h/6h/12h charts look bearish more than anything. Can see either another drop, or a reversal that could be followed by either another drop or the beginning of the next bull market. In either case, a lot of people are going to get rekt trying to trade this.
full member
Activity: 417
Merit: 220
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
never in doubt. just toying with them. let them build up their dreams. then crush them like grapes.

pizdyets
legendary
Activity: 1652
Merit: 4393
Be a bank
never in doubt. just toying with them. let them build up their dreams. then crush them like grapes.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
Good morning guys.

Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play.


The same resistance/support area's are still $4.220k/$3.772k   Breaking thru either direction is going to take some work and will bring a clearer signal to the market.  


Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.


so where is your spot out there HODLER-LFC_bitcoin ? Grin
have to quote this myself but how the F*** is LFC jumping right NOW
legendary
Activity: 1834
Merit: 4197
Good morning guys.

Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play.


The same resistance/support area's are still $4.220k/$3.772k   Breaking thru either direction is going to take some work and will bring a clearer signal to the market. 

1h
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Good morning Bitcoinland.

Still over $4k I see... currently $4157USD/$5525CAD (Bitcoinaverage).

Sir, how to place sell bids at a ATM or OTC in 2013   ;-)

You don't place bids or asks at ATMs or OTC.

At an ATM you meet the operator's price.

OTC you negotiate a price.

2013? The first Bitcoin ATM didn't open until October 29 of that year. UTC transactions predated exchanges.

In 2013 I was buying bitcoins directly from a miner who sold me enough to pay his expenses while hoarding the rest.

Needless to say, he's quite wealthy now.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
^ hahahaha I knew someone was definitely going to do that Smiley

haha but surely didn't expect me to be that guy i guess  Roll Eyes

I should have....  you have come a long way in your shopping skillz. Pretty fast indeed.
hero member
Activity: 1988
Merit: 593
What coin are you interested in a fallen market? Past poll results reseted, new start  https://bitcointalk.org/index.php?topic=5043138.240
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
^ hahahaha I knew someone was definitely going to do that Smiley

haha but surely didn't expect me to be that guy i guess  Roll Eyes
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