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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13118. (Read 26720873 times)

legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
Wow, I found the WO thread way down the Speculation page. That's so rare...

Speaking of BCH (a.k.a. Bcash LOL), the 5-minute chart looks weird. Like a normal chart after being fired at with a bunch of AK-47s... Not many transactions/activity happening it seems.

Reminds me of Stephen King's  "Desperation"... And of this:

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I was expecting a bottom of $5700.  Instead we got $6100 and a bounce.  And volume should be dropping but seems to be slightly rising on average.   We should rally in October - December but maybe we are early.  Bullish.

Do you think the impending news on the 30th of September will dampen any October rally, if it turns out rejected or delayed? Or do you think that this is already priced in?

Already priced in.  If I had to make a prediction I would say we will get a sharp dump that immediately corrects and retraces.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
I was expecting a bottom of $5700.  Instead we got $6100 and a bounce.  And volume should be dropping but seems to be slightly rising on average.   We should rally in October - December but maybe we are early.  Bullish.

There's an ETF rejection date coming September 21st so the Wall Street folks are ignorantly hedging for a Bitcoin ETF.
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
ETF delay incoming, 99% certain.
legendary
Activity: 1722
Merit: 1217
I was expecting a bottom of $5700.  Instead we got $6100 and a bounce.  And volume should be dropping but seems to be slightly rising on average.   We should rally in October - December but maybe we are early.  Bullish.

Do you think the impending news on the 30th of September will dampen any October rally, if it turns out rejected or delayed? Or do you think that this is already priced in?

I know you aren't asking me but I suspect at this point a no vote is absolutely priced in. So if there is a no expect little to no action but if there is a yes...

legendary
Activity: 1806
Merit: 1828
I was expecting a bottom of $5700.  Instead we got $6100 and a bounce.  And volume should be dropping but seems to be slightly rising on average.   We should rally in October - December but maybe we are early.  Bullish.

Do you think the impending news on the 30th of September will dampen any October rally, if it turns out rejected or delayed? Or do you think that this is already priced in?
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I was expecting a bottom of $5700.  Instead we got $6100 and a bounce.  And volume should be dropping but seems to be slightly rising on average.   We should rally in October - December but maybe we are early.  Bullish.
full member
Activity: 283
Merit: 127
I do not see that the volume is decreasing. Actually, let's go sideways.



https://www.coinsignals.trade/
Credits: @coin_signals
Very useful page. You can draw CMC graphics.


https://cryptoiq.co/coinsignals-trade-the-answer-to-every-crypto-technical-analysts-hopes-and-dreams/
legendary
Activity: 2296
Merit: 2271
BTC or BUST
https://www.blockchain.com/charts/trade-volume?timespan=all
USD volume seems to be increasing since june..


CMC since june





Up a little..

Price has pretty much been the same since then excluding a high it hit..


the end of june seems to also have been the lowest low price...

Was june the bottom?
Is june the reversal?
moon soon?
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Whoah

Is volume actually increasing?   This is Bitfinex only, weekly data, line chart, 6 months.  



Hmmm this is monthly data



Is that a bottom for 2018?
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
I can’t be bothered arguing with Jbear about bcash lol.  It’s much too nice a day for that.  

Well, something to agree upon.

https://imgur.com/gallery/LK3cT7z

 That is a beautiful view.  Is it all yours or were you just visiting?

Thanks. Mine. Here for a handful of days and nights. Doing some late season maintenance, coinciding with deer muzzleloading season. Mending fences with a rifle in my hand - on the chance one blunders my way.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I can’t filter the fake exchanges but here we go

legendary
Activity: 2296
Merit: 2271
BTC or BUST
Got a link please ?

aw shit I meant to post it..

https://data.bitcoinity.org/markets/volume/6m?c=e&t=b

Naw, that can't be right either..

It shows the volume falling off in jan of 17..
I can't imagine that to be the case buy why..Huh

The pie chart colors correspond to different exchanges than the chart colors with a different legend, lol wtf..

looks like around that time the Chinese exchanges got their volume cut from the count? idk
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Got a link please ?
legendary
Activity: 2296
Merit: 2271
BTC or BUST
Not meaningless but fair criticism.  

Agree..



Just googled and found this one








It's pretty cool and has a pie chart of the exchanges volumes like you usually see for mining pools hash rate.. Nice!


So yeah, by BTC volume it does look a bit slow..
But that in USD these days is a big deal apparently..
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Not meaningless but fair criticism.   The best I can do is volume in USD terms, which is declining from peak. But hard to eyeball BTC volume from this chart.

Edit:  chart update better date range

legendary
Activity: 2296
Merit: 2271
BTC or BUST
if you could find one that charts total volume across all exchanges that would be worth analyzing.

That's why I chose the CMC chart, but I didn't find a button to turn the vol into btc.. https://coinmarketcap.com/currencies/bitcoin/#charts
I like to use the bitcoinwisdom chart but the vol wouldn't be accurate for the entire market..

It's crazy how a tiny exchange will grow to be the biggest exchange and then all the volume will just go to another exchange and they never stay the same.. The volume just flows around..
legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
Heres the volume in BTC.  I think its hard to say that we aren't still in an overall trend of declining volume since Dec 2017.  

The cryptowinter recovery was on very low volume, but after the biggest spike in volume in Bitcoin history.



This chart is meaningless less than accurate. Edited for less harshness

You cannot chart one exchange for volume, the time frame for this chart, this was one of 3 main exchanges during the 2013-2014. Now there are many many more exchanges for bitcoin, if you could find one that charts total volume across all exchanges that would be worth analyzing.

legendary
Activity: 2842
Merit: 1511
LOL Maybe we should all talk about Bitcoin Gold.  Cheesy

Everybody knows in their heart of hearts that Bitcoin Pizza is the true coin. Crusty coinbases oozing with melted cheddar... mmm.
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