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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17853. (Read 26609705 times)

hero member
Activity: 1008
Merit: 1000
Trump is everywhere bro. Did you not see how the stock market was affected when he won the election? Smiley

The Chinese are more concerned with their friends over at the PBoC uncovering all these laws they have been freely breaking.

These 2 dumps show the lack of confidence, meanwhile bulls are scrambling to the market to prop up the price.
hero member
Activity: 1011
Merit: 721
Decentralize everything
The worlds most powerful idiot...when even just a tweet can crash your companies stock by 10% in moments
full member
Activity: 257
Merit: 100
Trump is everywhere bro. Did you not see how the stock market was affected when he won the election? Smiley
legendary
Activity: 2198
Merit: 1000
Remember these guys? Did a great job but soon was shut down by VA for improper money transmissions license  Huh

Quote
4/24/13
Tangible Cryptography LLC sent you 38.06 USD
 Transaction ID: 71V929676L694xxxx

Hello xxxxx xxxxx,

Just thought you'd like to know Tangible Cryptography LLC sent you 38.06 USD.
 
Note from sender, Tangible Cryptography LLC:

Sales Commission (Order #200xx)
 

Some of my earliest rewards from BTC mining.... amazing what a few old GPU's could earn you back then. Was exciting times.

ok, now back to the real world  Sad come on $900.00!!  Grin
legendary
Activity: 2268
Merit: 1278
Trump has fuckall to do with the price. The hell is wrong with some of you?
full member
Activity: 257
Merit: 100
Def not going down.

Trump steps into office in 2 days. Price will go up unless China fucks something up, which doesnt seem as likely anymore.

Stop spreading FUD please, just because you want to buy cheap coins.
legendary
Activity: 2198
Merit: 1000
Ahhhh these where the good old days. My how things have changed  Shocked

Going through some old Coinbase emails lol

Quote
8/31/2013
Coinbase   
 
Hi xxxxxxxxxx.com,

You just received 1.56124585 BTC (worth $205.76 USD) from an external bitcoin account.

Click here to sign in and view this transaction

Kind regards,
 The Coinbase Team



 
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
hero member
Activity: 1008
Merit: 1000
Bear action confirmed.

Go ahead dump more coin, im prepared this time.
legendary
Activity: 2772
Merit: 2846
sr. member
Activity: 2184
Merit: 422
we definetely are going down for the next few weeks.the question is how much down.
hero member
Activity: 691
Merit: 500
Different EW theorists have varying wave counts. One Elliott Wave count that is as reasonable as any is by Paul Gordon of Coinscrum, who believes we are now in Primary Wave 3 of Grand Cycle I with a projected high of $9304.






Wave 3

Wave 3
hero member
Activity: 625
Merit: 501
x
Long term support for the bottom:


Descending wedge in the shorter term:



Descending wedges are typically reversal patterns, and we would have to break a strong support line to defy expectations upon pattern resolution. The support line will force the shorter term descending wedge to terminate before its forced termination at convergence. The two trends converge by 1/18 14:00.

I am expecting one more leg downwards, constrained by both the wedge and support.
If these hold, then the lowest low would be $686.


Some solid TA for once. Wink Didn't catch that wedge myself

One thing I like about it is, the top of that wedge hasn't really been defined on-volume yet. So one way it could invalidate the short term trend would be to reshape itself into a downward channel, rather than wedge.

...and then we have transitioned into the cup and handle pattern :-)


Having broken on low volume, with no real follow through, this is looking increasingly likely. The case would strengthen greatly if we get a rally which stops on the yet-to-be-defined, resistance line parallel to support.  This is one of those rare scenarios where my short term expected position is bearish, but for exactly those reasons the medium term outlook is bullish.



Perfect timing for a much-needed correction! I expect this range to hold on the downside until breakout.  I'm unsure what kind of ratio of time-in-handle exists, relative to time-in-cup. 
sr. member
Activity: 574
Merit: 251
LOL at this tweet

"@cnLedger Probably all the relatives of those working at PBOC shorted before this announced. Nice"

It wouldn't surprise me at all if this was true
full member
Activity: 257
Merit: 100
Whats causing the downswing?

Expected correction/retest of support after the recent rise

considering buying a couple of coins to make a quick few hundred dollars of profit.
legendary
Activity: 2268
Merit: 1278
Oh no the price dropped to higher than it was a few days ago, bitcoin is surely dead this time.
hero member
Activity: 1011
Merit: 721
Decentralize everything
Whats causing the downswing?

Expected correction/retest of support after the recent rise
full member
Activity: 257
Merit: 100
Whats causing the downswing?
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