Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17448.

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Quote from: york780 on April 04, 2017, 10:50:50 AM

But what if we go further down like a head and shoulders pattern what some are saying. We could link that to the hardfork solution for the scaling problem.

Head and shoulders? Where? I don't see anything close to a H&S pattern, long term, medium term or short term.

That said, I don't think anyone should take traditional technical analysis too seriously when it comes to Bitcoin.

What I see is a minor hiccup in a steady correction after a FUD-induced panic.

york780

sr. member

Activity: 392

Merit: 250

Quote from: JimboToronto on April 04, 2017, 10:42:36 AM

Good morning Bitcoinland.

We finally got a bit of a retracement after a week and a half of almost continuous gains... currently $1136USD (Bitcoinaverage).

It still only dipped less than half of what it rose yesterday. This is healthy.

But what if we go further down like a head and shoulders pattern what some are saying. We could link that to the hardfork solution for the scaling problem.

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Good morning Bitcoinland.

We finally got a bit of a retracement after a week and a half of almost continuous gains... currently $1136USD (Bitcoinaverage).

It still only dipped less than half of what it rose yesterday. This is healthy.

york780

sr. member

Activity: 392

Merit: 250

Quote from: conspirosphere.tk on April 04, 2017, 10:13:49 AM

https://www.investing.com/currencies/btc-usd-technical?cid=49798

Yup. I was wrong. SegWit has cut a deal with BU. We are going to fork. RIP.

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

https://www.investing.com/currencies/btc-usd-technical?cid=49798

york780

sr. member

Activity: 392

Merit: 250

Yes, its time to fork with SegWit and 2MB. I heard that this is the final solution. We did it guys. Fork time.

edgar

legendary

Activity: 1859

Merit: 1001

especially after kimdotcom turns up....

york780

sr. member

Activity: 392

Merit: 250

I still expect that we will return to the $1080 zone guys. Such a big downmove and after that non stop growth without a single little downmove? Smells like a pump to me.

droizs

full member

Activity: 151

Merit: 100

Quote from: Lauda on April 04, 2017, 04:33:30 AM

This place seems to quiet during a positive movement. Anyone sold at the bottom? Cheesy

$1200 would be nice again.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

This place seems to quiet during a positive movement. Anyone sold at the bottom? Cheesy

$1200 would be nice again.

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: Herbert2020 on April 04, 2017, 12:33:45 AM

This picture (from Seven Psychopaths) made me think of the past month so I did a quick edit on it, just for fun.
Enjoy

Herbert2020

legendary

Activity: 1946

Merit: 1137

This picture (from Seven Psychopaths) made me think of the past month so I did a quick edit on it, just for fun.
Enjoy

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: Vhern on April 03, 2017, 10:49:09 PM

Quote from: MinermanNC on April 03, 2017, 08:36:02 PM

Quote from: Killerpotleaf on April 03, 2017, 08:31:41 PM

it really odd that the ETF denial didnt kill bitcoin.

Grin

Nah that one thing wouldn't kill BTC, it would have helped it no doubt, but BTC has been holding its own for a while before that all came down.

I'm sure ETF lives on for another battle another day...

Not that I have closely followed those events Grin

Best to have their day trying with ETC to make it worth anybody while to invest into ethereum anymore because they just dumped alot and now 30% of what it was last week.
ETF for ETC would be more suited since they are all business oriented and BTC should remain a free radical.

^ETC this is the one worth radaring imho :-D #btc #etc ~ moonbases x1337

hulla

hero member

Activity: 1834

Merit: 566

Quote from: Biodom on April 03, 2017, 01:47:12 PM

It is possible that BTC is making a second shoulder in head-and-shoulder formation and will bottom at around $750-850.
Then again, bull market may continue in a slow fashion.
I am curious about LTC, but it could be just a fluke.

The Ltc mount up in price could be a fluke as you said but I don't believe the price of bitcoin will go down to the bottom around $750-$850 and if you check the price as at now keep it mounting up because the price per bitcoin has put more optimism into the minds of traders which ginger the increase in price.

Vhern

sr. member

Activity: 322

Merit: 250

Quote from: MinermanNC on April 03, 2017, 08:36:02 PM

Quote from: Killerpotleaf on April 03, 2017, 08:31:41 PM

it really odd that the ETF denial didnt kill bitcoin.

Grin

Nah that one thing wouldn't kill BTC, it would have helped it no doubt, but BTC has been holding its own for a while before that all came down.

I'm sure ETF lives on for another battle another day...

Not that I have closely followed those events Grin

Best to have their day trying with ETC to make it worth anybody while to invest into ethereum anymore because they just dumped alot and now 30% of what it was last week.
ETF for ETC would be more suited since they are all business oriented and BTC should remain a free radical.

Killerpotleaf

sr. member

Activity: 812

Merit: 250

A Blockchain Mobile Operator With Token Rewards

or get in the alt coin car!

your choice.

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

Drop? Didn't notice a thing when I got on the forum, checked price and it was higher than it was this morning. I just don't know why people are all scared and panicked for such small drops- the trend is still slightly bullish, no need to worry. Alts are going through a P+D, don't know about you, but I don't see any major retailers like Newegg or even vendors here accepting Litecoin or Ethereum.

MinermanNC

legendary

Activity: 2198

Merit: 1000

Personally I make more money in crypto when BTC is struggling lol Grin

But I also think that without a strong BTC all crypto's will eventually suffer too

MinermanNC

legendary

Activity: 2198

Merit: 1000

Quote from: Killerpotleaf on April 03, 2017, 08:31:41 PM

it really odd that the ETF denial didnt kill bitcoin.

Grin

Nah that one thing wouldn't kill BTC, it would have helped it no doubt, but BTC has been holding its own for a while before that all came down.

I'm sure ETF lives on for another battle another day...

Not that I have closely followed those events Grin

Killerpotleaf

sr. member

Activity: 812

Merit: 250

A Blockchain Mobile Operator With Token Rewards

it really odd that the ETF denial didnt kill bitcoin.

Grin

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