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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17849. (Read 26609624 times)

legendary
Activity: 2338
Merit: 2106

He has been a lot of talk and no specifics or sneak peeks. I wouldn't doubt if some excuse comes along where he never releases it.

kinda glad the guy named himself dotcom and not bitcoin...
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas

He has been a lot of talk and no specifics or sneak peeks. I wouldn't doubt if some excuse comes along where he never releases it.
sr. member
Activity: 292
Merit: 265
Anyone else noticed Coinmarketcap axed Xbtce from its volume rankings? Good thing - supposedly top volumes on BTC and others, yet who ever heard of them before?

Bitcoinity never included Xbtce in its volume rankings, or in any of its charts. It mustn't have heard of them.
legendary
Activity: 2842
Merit: 1511
Anyone else noticed Coinmarketcap axed Xbtce from its volume rankings? Good thing - supposedly top volumes on BTC and others, yet who ever heard of them before?
legendary
Activity: 1904
Merit: 1185
notorious shrimp!
Welcome back $900!  Cheesy

But for how long?

Back in January, 17, price broke $900 too, but for few hours only, then went back to $850 because of the PBOC's tweet

Sentiment world wide is very bullish, only a major hack ore China final regulation ban will make the price go down.

Or a fork.


Shhhhhhhh!
ImI
legendary
Activity: 1946
Merit: 1019
Welcome back $900!  Cheesy

But for how long?

Back in January, 17, price broke $900 too, but for few hours only, then went back to $850 because of the PBOC's tweet

Sentiment world wide is very bullish, only a major hack ore China final regulation ban will make the price go down.

Or a fork.
legendary
Activity: 3512
Merit: 4557
Welcome back $900!  Cheesy

But for how long?

Back in January, 17, price broke $900 too, but for few hours only, then went back to $850 because of the PBOC's tweet

Sentiment world wide is very bullish, only a major hack ore China final regulation ban will make the price go down.
sr. member
Activity: 292
Merit: 265
Welcome back $900!  Cheesy

But for how long?

Back in January, 17, price broke $900 too, but for few hours only, then went back to $850 because of the PBOC's tweet

It's recovered very quickly, that's bullish.
legendary
Activity: 2772
Merit: 1127
Welcome back $900!  Cheesy

But for how long?

Back in January, 17, price broke $900 too, but for few hours only, then went back to $850 because of the PBOC's tweet
legendary
Activity: 3512
Merit: 4557
Welcome back $900!  Cheesy
legendary
Activity: 3780
Merit: 5429

So I'm starting to wonder... did PBoC really do us long investors a favor?

I'm sensing some major bullish announcements in the Bitcoin ecosystem on the horizon early this year.  Specifically new platforms (i.e., Abra, Mega Upload 2, etc.), perhaps some high profile merchant adoptions, ETF launch, who knows what.

But what we all DO know is that some mega whale traders usually have insider knowledge well in advance, typical 6-12 months in advance.  So what they do is slowly ramp the market over that time period, then near the announcements (before the news media picks it up) go ape shit crazy with leveraged margin buys to create a new bubble.  

Whatever you may believe in the short term, an over-leveraged, over-hyped bubble is not good for the medium and long term.

So did China PBoC just do us a short-term favor by killing margin trading on the Chinese exchanges? The suspect timing is palpable.... it's almost as if they knew something.

Either that, or they did it because secretly they know that they are going to start hiking down the Yuan rate several times this year... and they don't want more $$$ to leave via bitcoin.
hero member
Activity: 625
Merit: 501
x
any ideas on why BFX tokens are rallying ?

Possibly a well-timed, internal move to pay down debt with profits.

I just realized there's a new, interesting dynamic in play.

With China losing their leverage, Bitfinex has regained a large attractor.

All other things being equal, I take their chances of reclaiming the role of price leader as net positive.  I wonder how the competing interests of reduced-faith in Bitfinex from the recent hack will fare against the increased greed/strength of leverage.  (Incidentally, I think it'd be a really smart move for them to publicly pay down some of their remaining debt.)

Smarter traders than me keep track of things like available money for loans, short vs long interest, borrowing rates.  Whatever those (leading?) indicators mean, I'd bet they become increasingly valuable.
ImI
legendary
Activity: 1946
Merit: 1019
any ideas on why BFX tokens are rallying ?

theory: china exchanges close margin trading -> customers go to bitfinex -> more revenue -> more payback
hero member
Activity: 577
Merit: 500
Jesus was a (Goddamn) hippy socialist
any ideas on why BFX tokens are rallying ?
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
Chinese New Year will have an impact on price.

Remind you...

This is a long term analysis.  Other indicators can be used during shorter TF's for other purposes I'm not getting into here.  Simply wanted to point out "long" term analysis...
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
Hi everyone...  Let's make this a Self Fulfilling Prophecy:

I call it,  "FIB's 2 Guns Down Re-Tracement Flow Chart."  Retraces to 0.618 with "2 GUNS DOWN" every time.  So far 3 out of 3 on this BULL run....

THIS IS LONG TERM ANALYSIS...  NOT SHORT TERM....

LINK: more details about that Flow Chart: https://www.tradingview.com/chart/BTCUSD/1mJzNZJf-FIB-FLOW-CHART-PLACEMENT-FROM-PEEK-OF-A/

IF you know FIB's, thank me later...   ; )



I believe your Green Marker is placed (at approx June 2017) in the wrong position as per your by Jan 2018 statement.

I am a believer in a price rise, my timeline is more elongated though. Specifics aren't necessary other than, $820 is not the floor and Chinese New Year will have an impact on price.

Thanks for point that out.  I completed the "Optimized Version" for RETRACE back up to the next peak of a Spring and/or Up Thrust:  

2 potential targets for June, 2017...



A Close Up of the current 2h TF Loaded Guns FIB RT Chart:  You will see that 0.618 RT wasn't that bad off with 2 guns down [That would be the magenta colored numbers].  Now again, that's dragging and dropping lines in place from the 1D TF chart.  I did not bring it down to the lower TF's to save time and to give others an idea of the pattern.  Also, THIS IS IN "LOG" SCALE.... Not sure this will work in other scales....

EDIT:  I zoomed in on every single Pump & Dump event to check accuracy and posted those in my thread on this flowchart on https://www.tradingview.com/chart/BTCUSD/Z5uTqARD-COPIED-PASTED-for-Mobil-devices-in-Comments-GL-FLOW-CHART/.  I'm actually impressed with the accuracy...

sr. member
Activity: 292
Merit: 265
Bitstamp's prices are higher than bitfinex's. That's weird.
legendary
Activity: 2338
Merit: 2106
legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
Hi everyone...  Let's make this a Self Fulfilling Prophecy:

I call it,  "FIB's 2 Guns Down Re-Tracement Flow Chart."  Retraces to 0.618 with "2 GUNS DOWN" every time.  So far 3 out of 3 on this BULL run....

THIS IS LONG TERM ANALYSIS...  NOT SHORT TERM....

LINK: more details about that Flow Chart: https://www.tradingview.com/chart/BTCUSD/1mJzNZJf-FIB-FLOW-CHART-PLACEMENT-FROM-PEEK-OF-A/

IF you know FIB's, thank me later...   ; )



I believe your Green Marker is placed (at approx June 2017) in the wrong position as per your by Jan 2018 statement.

I am a believer in a price rise, my timeline is more elongated though. Specifics aren't necessary other than, $820 is not the floor and Chinese New Year will have an impact on price.
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