3000 in 2 hours
There is optimistic and there is this.
Edit. I like it
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17118. (Read 26586266 times)
May 26, 2017, 02:00:18 PM
There is optimistic and there is this.
Edit. I like it
May 26, 2017, 01:55:26 PM
3000 in 2 hours
May 26, 2017, 01:55:06 PM
Another ATH later today.
Depends if gambling addicts got flushed well enough!
May 26, 2017, 01:49:58 PM
Another ATH later today.
May 26, 2017, 01:45:49 PM
Nice. Let's get to ~1800 so my buys get filled. I love weak hands.
May 26, 2017, 01:42:24 PM
this hour is critical 
It is red for now 
May 26, 2017, 01:41:58 PM
I see we're consolidating quite nicely after yesterday's excessive rise and corresponding deep correction... currently $2418USD (Bitcoinaverage).
Too bad our string of green candles ended at 8 but we moderated the upsurge to the point where only the zaniest fools will call it a bubble.
It might take a few days to reach another ATH now but that's probably good. Steady growth is best.
Too bad our string of green candles ended at 8 but we moderated the upsurge to the point where only the zaniest fools will call it a bubble.
It might take a few days to reach another ATH now but that's probably good. Steady growth is best.
People talk as if this "healthy correction" is over, but that is yet to be seen. It is a possiblity that this thing rebounds and new ATHs are reached, but it is a bigger possibility that we see a larger ongoing downward correction. Only the zaniest of fools would be calling for new ATHs in a matter of a few days at the present time. Come on man, take off your Bitcoin shaded sunglasses for a moment.
I never said the correction was over. I said we were consolidating.
A "larger ongoing downward correction"? Larger than $500? Good luck.
Quote
The correction could and should continue downwards quite a bit more, and ATHs will not be reached again in a matter of days... more likely a matter of months... and probably even more likely a year+. (those timeframes are guesstimated from Bitcoin's market history... where it reached previous ATHs then corrected itself)
Remember the last significant correction, on May 12-13?
It took "a matter of days" (5 to be exact) to reach a new ATH.
"Probably even more likely a year+. (those timeframes are guesstimated from Bitcoin's market history... where it reached previous ATHs then corrected itself)"?
What "Bitcoin's market history" are you referring to? The bubbles of 2011 and 2013?
Don't forget that in those bubbles the price rose by more than 1000% in weeks, not years. All this correction has proved is that this current bull market is not a bubble.
It seems to me like you're hoping for a much lower price to buy in. Wishful thinking will get you nowhere.
May 26, 2017, 01:30:54 PM
this hour is critical
May 26, 2017, 01:22:57 PM
Thats why it goes down, all the just in case sellers have to clear out their shelves. When you hear alot of I sold too early, thats probably when it rises and people dont even want it to ? [Also these areas of I want to get back on the train is likely where it finds its feet?]
I see it losing that weaker uptrend just now and so a blip down as we fall off the ledge. However its possible to draw in a channel for this downtrend since the ATH and we are at channel bottom, not bullish exactly but its possible we rise within the downtrend. Whether we challenge and break the downtrend for a proper rise remains to be seen. 15360 CNY would be target for channel top, just a short term target
Also I like to see patterns aligning is switching to EURO and kraken, we have a good uptrend over weeks we are about to come into contact with. Nothing is ever certain, but its a good place to see reactions
I see it losing that weaker uptrend just now and so a blip down as we fall off the ledge. However its possible to draw in a channel for this downtrend since the ATH and we are at channel bottom, not bullish exactly but its possible we rise within the downtrend. Whether we challenge and break the downtrend for a proper rise remains to be seen. 15360 CNY would be target for channel top, just a short term target
Also I like to see patterns aligning is switching to EURO and kraken, we have a good uptrend over weeks we are about to come into contact with. Nothing is ever certain, but its a good place to see reactions
May 26, 2017, 01:19:04 PM
May 26, 2017, 01:18:21 PM
1d chart had a shooting star, and now the 3d chart is getting close to forming one. We have a descending triangle now the 2-4h charts. It looks pretty bearish. I still believe Bitcoin will hit new highs later this or into 2018, but I wouldn't be surprised o see us enter a micro-bear market for a little bit and drop back below $2000. The 2013 run up had a similar drop from $750 to $450, before continuing on to $1200.
Otherwise, this run up wasn't even close to enough to cause a major multi-year long bear market.
Otherwise, this run up wasn't even close to enough to cause a major multi-year long bear market.
May 26, 2017, 01:16:02 PM
profit taking galore, looks like. and who can really be surprised? i'm impressed the upward pressure has kept going though.
weak noobie hands detected the block size debate and are afraid:)
May 26, 2017, 01:12:47 PM
profit taking galore, looks like. and who can really be surprised? i'm impressed the upward pressure has kept going though.
May 26, 2017, 01:01:25 PM
Having a chance to buy back some of the coins that I sodled in the 1700s would be not so bad for me.
May 26, 2017, 01:00:15 PM
pumpers are atrocious people, they like to play with the limits
May 26, 2017, 12:57:12 PM
SELL! SELL! SELL!
need moar cheap coins
need moar cheap coins
May 26, 2017, 12:46:18 PM
looks like we go south
(((delete this post))) *poof*
$$$$===> profiteers ~ rotflmfao May 26, 2017, 12:45:03 PM
"hoardl" ? I´m pfrtl and then pfmpf.
May 26, 2017, 12:38:49 PM
looks like we go south
May 26, 2017, 12:27:49 PM
2800 would appear to be the same problem as when we spun around a few times at 1800 and it became obvious it was going to exceed 2000 because round numbers are silly superstition. If it rebuilds price here and buyers keep being apparent as they are now then we can start to see similar for 3000, it will be exceeded.
The ATH on OKCoin was 19200 CNY. Maybe we got a dip because we were getting close to two round numbers, 20000 CNY and $3000. If it rebuilds here and exceeds both 20000 CNY and $3000 we could get a rocket pump.
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