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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19796. (Read 26610404 times)

hero member
Activity: 798
Merit: 531
Crypto is King.
Lots of old coins moving lately Shocked
hero member
Activity: 798
Merit: 531
Crypto is King.
My raging clues say crypto is so done right now



Can you say, "dead cat bounce'?

Yeah, longs are going to be crying when those floors get pulled. Pwnz0r'd.
donator
Activity: 1722
Merit: 1036
Follow the weekly Bitstamp chart. If it closes green for 6 times in a row, we are on bubble territory (currently 4 consecutive weekly greens). If we instead end this week in red, there is nothing to worry.

IF we get 6 greens, this means we can go on for a long time still but watch for a blowoff top and trade accordingly.

The methodology worked perfect in the latest 500 spike, and you can easily check a very good match with all previous bubbles as well.
sr. member
Activity: 442
Merit: 250
I think this has hit the bottom and it is time for a nice fat bounce. Some traders will have hard time to cover their shorts on Bitfinex.

not much shorts to cover

I tried to close my short, but something is wrong at Bitfinex, didn't properly execute, so my profit is diminishing. Also doesn't look right at Bitcoinwisdom.

Not the only exchange that is misbehaving today....

was locked out of both Huobi and Kraken as the obvious precipice approached.

Actually it executed at the right price, but didn't show up for several minutes. And now it's kicking again at Bitcoinwisdom.

I'm surprised you're actually still trading on Bitfinex. It has more problems that MtGox had.
member
Activity: 84
Merit: 10
Wait, so we're below 440 AGAIN?
How is this possible?!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 798
Merit: 531
Crypto is King.
I think this has hit the bottom and it is time for a nice fat bounce. Some traders will have hard time to cover their shorts on Bitfinex.

not much shorts to cover

I tried to close my short, but something is wrong at Bitfinex, didn't properly execute, so my profit is diminishing. Also doesn't look right at Bitcoinwisdom.
Finex is fuxed again. Transfers between wallets is hanging, too. Support has yet to get back to me.

EDIT: Seems fixed for now.

Full steam sink ahead captain operator

legendary
Activity: 2170
Merit: 1094
I think this has hit the bottom and it is time for a nice fat bounce. Some traders will have hard time to cover their shorts on Bitfinex.

not much shorts to cover

I tried to close my short, but something is wrong at Bitfinex, didn't properly execute, so my profit is diminishing. Also doesn't look right at Bitcoinwisdom.

Not the only exchange that is misbehaving today....

was locked out of both Huobi and Kraken as the obvious precipice approached.

Actually it executed at the right price, but didn't show up for several minutes. And now it's kicking again at Bitcoinwisdom.
hero member
Activity: 840
Merit: 1000
I think this has hit the bottom and it is time for a nice fat bounce. Some traders will have hard time to cover their shorts on Bitfinex.

not much shorts to cover

I tried to close my short, but something is wrong at Bitfinex, didn't properly execute, so my profit is diminishing. Also doesn't look right at Bitcoinwisdom.

Not the only exchange that is misbehaving today....

was locked out of both Huobi and Kraken as the obvious precipice approached.
sr. member
Activity: 442
Merit: 250
Hah Bitfinex traders getting fucked up again  Cheesy You know what is the fastest way to get out you money...

7k bid on OKcoin!

Shorts are up 3.5k since the top. Longs at 22mil$.

Outwith Dec 2015, Shorts on BFX have never been so low in over a year.

Longs are also relatively low, but you would have to go all the way back to March 2015 to find a period where long positions on BFX were comfortably lower than they currently are.

But probs we need to be looking at CNY markets to get a better picture of this, as it is China that is driving BTC at the time being.

But they are at the highest level since 390$!
hero member
Activity: 910
Merit: 1000
Decentralized Jihad
We are here. Long way to go is ahead.

legendary
Activity: 2170
Merit: 1094
I think this has hit the bottom and it is time for a nice fat bounce. Some traders will have hard time to cover their shorts on Bitfinex.

not much shorts to cover

I tried to close my short, but something is wrong at Bitfinex, didn't properly execute, so my profit is diminishing. Also doesn't look right at Bitcoinwisdom.
hero member
Activity: 840
Merit: 1000
Shorts are up 3.5k since the top. Longs at 22mil$.

Outwith Dec 2015, Shorts on BFX have never been so low in over a year.

Longs are also relatively low, but you would have to go all the way back to March 2015 to find a period where long positions on BFX were comfortably lower than they currently are.

But probs we need to be looking at CNY markets to get a better picture of this, as it is China that is driving BTC at the time being.
hero member
Activity: 798
Merit: 531
Crypto is King.
I think this has hit the bottom and it is time for a nice fat bounce. Some traders will have hard time to cover their shorts on Bitfinex.

Bearly getting started

FTFY
sr. member
Activity: 442
Merit: 250
I think this has hit the bottom and it is time for a nice fat bounce. Some traders will have hard time to cover their shorts on Bitfinex.

Barely getting started

Any particular reasons?

I think this has hit the bottom and it is time for a nice fat bounce. Some traders will have hard time to cover their shorts on Bitfinex.

not much shorts to cover

Yep...shorts are very low thus far.

Edit: Actually...shorts only just starting to build up.... oo-er.

https://www.tradingview.com/x/8fu1wgJ3/

Shorts are up 3.5k since the top. Longs at 22mil$.
hero member
Activity: 840
Merit: 1000
I think this has hit the bottom and it is time for a nice fat bounce. Some traders will have hard time to cover their shorts on Bitfinex.

not much shorts to cover

Yep...shorts are very low thus far.

Edit: Actually...shorts only just starting to build up.... oo-er.

https://www.tradingview.com/x/8fu1wgJ3/
ImI
legendary
Activity: 1946
Merit: 1019
I think this has hit the bottom and it is time for a nice fat bounce. Some traders will have hard time to cover their shorts on Bitfinex.

not much shorts to cover
sr. member
Activity: 392
Merit: 250
The dev mailing list and the chart right now, like cookies and milk.

Any change that is "controversial" can not happen, so... (the totally uncontroversial) 1MB4EVA it is!

This morning at twitter there are some whales saying this would happen, so I don't think is about the news, unless the take profit before the news happens.

I'm not trying to imply causal relationship, or that any major change happened in Wladimir or Pieter's (2015) positions today. Just that... from where I'm sitting as a long term investor, these things go well together.

The dumps are probably just because volume was completely dead and we needed to go to a lower level to move some coins.
legendary
Activity: 2198
Merit: 1000
Regardless of being bear/bull, I think we all saw this coming. Holiday cashout.

" I'm in fiat baby!"
ya I agree people need Christmas money... this is the week to raise a some spare change  Grin
legendary
Activity: 1320
Merit: 1007
I think this has hit the bottom and it is time for a nice fat bounce. Some traders will have hard time to cover their shorts on Bitfinex.

Barely getting started
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