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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17858. (Read 26609806 times)

legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
^$900 close ~ street price in India prolly still 1000+  Cool  *anyone over there?*

not from there but in the streets of India apart from rivers of poo, bitcoin price is 66600.0 (~$980 according to xe.com) Cheesy
hero member
Activity: 1011
Merit: 721
Decentralize everything
legendary
Activity: 1092
Merit: 1000



hey all....just got word in yesterday: the bullish dragon harmonic is on through the weekend and possibly into next week .
newbie
Activity: 15
Merit: 0
If Chinese were actually SHORT BTC perhaps there is a "short squeeze" occurring!?  Cool

The "short squeeze" and its outcome is what we are witnessing now Smiley http://zentrade.online/bitcoinusd-price-action-analysis-bitmex-perpetual-swap-xbtusd-update-20170117/
hero member
Activity: 625
Merit: 501
x
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.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Good morning Bitcoinland.

I see we've held onto most of last night's gains... currently $892USD (Bitcoinaverage).

I also see Huobi, Finex and Stamp pretty much at par. This is extremely healthy IMHO.

What the FUDsters and Bitcoin haters tried to blow up into a crash, turned out to be a positive thing for Bitcoin.

Panic's over. Now it's time to get back to the normal upward growth.

legendary
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
What for?
Bitcoin will do much better without margin trading because one can sell bitcoins ONLY if they have bitcoins!
I know. I have a vested interest in a more stable bitcoin price as I work for and get paid in bitcoin. I want other people to do this without fear they have to be bot traders as well.

We shall see.
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
If Chinese were actually SHORT BTC perhaps there is a "short squeeze" occurring!?  Cool
full member
Activity: 194
Merit: 100
Nice pump today, was really hoping to load up more in the 700's though....
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Is another rally going to start?

Hopefully! The price is moving in the right direction now at least.
legendary
Activity: 3431
Merit: 1233
The question is can people pump and dump without 100x leverage?



What for?
Bitcoin will do much better without margin trading because one can sell bitcoins ONLY if they have bitcoins!
legendary
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
The question is can people pump and dump without 100x leverage?

hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
^$900 close ~ street price in India prolly still 1000+  Cool  *anyone over there?*
legendary
Activity: 1904
Merit: 1185
notorious shrimp!
no Grin just sell your coins
legendary
Activity: 1092
Merit: 1001
Is another rally going to start?
legendary
Activity: 1764
Merit: 1031

Brexit is just one of the many pieces of the picture behind the fundamentals. Trump presidency, US interest rate rises, Italy's banking sector, popular sentiment across Europe, China's economy, currency wars and reorganisation of Politburo Standing Committee later this year...
There's a lot, really.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Hello $888 my old friend (Stamp). LOL  Grin

Good luck returning to china?  Cool

Just realized what time it is... after 5:30AM local time.

I'd better get to bed. See you at noon.
legendary
Activity: 1764
Merit: 1031
Press will be interested again on ATH. Then they will talk about volatility instead.
legendary
Activity: 1596
Merit: 1061
Smile

Of course the press won't report the recovery because as far as they're concerned, anything outside the white box just didn't happen.



buy on rumors, sell on news
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