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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14993. (Read 26715279 times)

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Did spam faucet ran dry again? Someone ping Ver for a top up

Non-segwit transactions declining slightly. Segwit transaction size is through the roof.  

Maybe a medium size to large player started batching and using Segwit.



legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Did spam faucet ran dry again? Someone ping Ver for a top up
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
The smart move going forward is probably to sell certain amounts at predetermined levels, similar to what jbreher does.

Note - I don't so much 'sell certain amounts at predetermined levels', so much as I buy when it goes down, and sell when it goes up. The objective is to capitalize on the volatility.

So, yeah - I do 'sell certain amounts at predetermined levels', but if you omit the 'buy certain amounts at predetermined levels', it kinda occludes the entire plan.
sr. member
Activity: 854
Merit: 307
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
In a sense u would like to see sub-10k bitcoin as well (if I had the funds to buy up more, which I don't). But I'm afraid we won't see a sub-10k bitcoin again. I'm pretty bullish short term. However if we do go sub 10k again we might be in for a longer bearish maket.

I recall hearing that in December. We were done, never again they said. Perhaps in casting predictions we should find an iota of modesty...

IOTA it is

ALL IN WEEEEEEEEE
legendary
Activity: 2842
Merit: 1511
In a sense u would like to see sub-10k bitcoin as well (if I had the funds to buy up more, which I don't). But I'm afraid we won't see a sub-10k bitcoin again. I'm pretty bullish short term. However if we do go sub 10k again we might be in for a longer bearish maket.

I recall hearing that in December. We were done, never again they said. Perhaps in casting predictions we should find an iota of modesty...
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
daily close (UTC) above 12,500

this is very good news
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 3808
Merit: 7912
Is that a double morningstar on the daily chart?  Uber-bullish sign.  Hodl on!
If nothing else, terms like that is why nobody takes chartstrology seriously.

I just made that up.  I'm  pretty sure there's no such thing... Yet.  Maybe tomorrow though!
full member
Activity: 294
Merit: 125
Alea iacta est
Legit hoping for lower prices. In the long term the trend is up and I can sustain myself with side business, so low prices just means more coins.

In a sense u would like to see sub-10k bitcoin as well (if I had the funds to buy up more, which I don't). But I'm afraid we won't see a sub-10k bitcoin again. I'm pretty bullish short term. However if we do go sub 10k again we might be in for a longer bearish maket.
legendary
Activity: 2268
Merit: 1278
Is that a double morningstar on the daily chart?  Uber-bullish sign.  Hodl on!
If nothing else, terms like that is why nobody takes chartstrology seriously.
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.
Some funny stuff on the recent events:

https://youtu.be/3quK0igFZyk
legendary
Activity: 3808
Merit: 7912
Is that a double morningstar on the daily chart?  Uber-bullish sign.  Hodl on!
legendary
Activity: 2097
Merit: 1071
I see the price is rising with declining volume since the recent low of ~$9200

Price going up, volume going down.....

Looking at Bitfinex 6hr chart.


Volume is still quite the double of usual pre-ATH time:


https://data.bitcoinity.org/markets/price_volume/6m/USD?t=lb&vu=curr

Seems consistent with a consolidation phase.

Could well be, just looks a little unusual as it's so pronounced over the last few days.

Of course this is Bitcoin and the last few days are far from normal, even by Bitcoin standards...
newbie
Activity: 84
Merit: 0
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
I see the price is rising with declining volume since the recent low of ~$9200

Price going up, volume going down.....

Looking at Bitfinex 6hr chart.


Volume is still quite the double of usual pre-ATH time:


https://data.bitcoinity.org/markets/price_volume/6m/USD?t=lb&vu=curr

Seems consistent with a consolidation phase.
legendary
Activity: 3122
Merit: 1538
yes
...short this market.

The marriage between 'Bitcoin' and 'shorting' resulted in the word 'REKT'  Cool Roll Eyes

legendary
Activity: 2268
Merit: 1278
Legit hoping for lower prices. In the long term the trend is up and I can sustain myself with side business, so low prices just means more coins.
legendary
Activity: 2097
Merit: 1071
I see the price is rising with declining volume since the recent low of ~$9200

Price going up, volume going down.....

Looking at Bitfinex 6hr chart.

What is your interpretation of this ?

Less demand at higher prices.

Yep, I edited my post above to include this little nugget :

The bear is back....

If you are so convinced, let's see you short this market.

Money meet mouth.  Cheesy

I'll check the price again next week Smiley
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