Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19840.

hunnaryb

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Quote from: hendra147 on December 16, 2015, 03:04:11 AM

ew will back to $1000 soon
this is just the intermezzo Grin

the price comeback to 3000yuan some minutes ago
i think more whales come to accumulation in bitcoin trade Cheesy

I'm almost certain we're not going to see $1000 this coming year.

peonminer

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Crypto is King.

hendra147

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Activity: 644

Merit: 509

ew will back to $1000 soon
this is just the intermezzo Grin

the price comeback to 3000yuan some minutes ago
i think more whales come to accumulation in bitcoin trade Cheesy

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

oser41eric

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I think its still gotta go up. We will see 600 by the 31st.

wutizurkwest

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I prefer to think we're now in a Wave 3 that's just getting started, and the correctional Wave 4 that follows will end above (way above) $500 in ~~February or March~~ April or May.

hunnaryb

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Quote from: oda.krell on December 16, 2015, 02:20:27 AM

Quote from: rebuilder on December 16, 2015, 02:13:03 AM

Quote from: hunnaryb on December 16, 2015, 02:05:31 AM

Meanwhile, we've made lower highs after each time, which isn't healthy at all.

Are we looking at the same charts?

He's technically right: lower highs, in terms of candle peaks.

What he's missing (or fails to mention) is that we're going through a series of higher candle close values in the same series, like a little structure internal triangle hehe

Candle closes are a good way to look at it. You are right. From that perspective, things are looking rosey.

oda.krell

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Quote from: rebuilder on December 16, 2015, 02:13:03 AM

Quote from: hunnaryb on December 16, 2015, 02:05:31 AM

Meanwhile, we've made lower highs after each time, which isn't healthy at all.

Are we looking at the same charts?

He's technically right: lower highs, in terms of candle peaks.

What he's missing (or fails to mention) is that we're going through a series of higher candle close values in the same series, like a little structure internal triangle hehe

TERA

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The ceiling is allowed to descend in a consolidation. It could actually descend all the way to 320 and still break out upwards

hunnaryb

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Activity: 506

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Quote from: rebuilder on December 16, 2015, 02:13:03 AM

Quote from: hunnaryb on December 16, 2015, 02:05:31 AM

Meanwhile, we've made lower highs after each time, which isn't healthy at all.

Are we looking at the same charts?

http://imgur.com/fX0xfpQ

Just a quick observation.

First major dump, from 504

Next 'high' was 475 which is a lower high..

And the dump that just happened from 467

Lower highs if you ask me!

rebuilder

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Quote from: hunnaryb on December 16, 2015, 02:05:31 AM

Meanwhile, we've made lower highs after each time, which isn't healthy at all.

Are we looking at the same charts?

r0ach

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Quote from: billyjoeallen on December 16, 2015, 01:41:17 AM

Y'all can short almost for free because the interest rate is so cheap. All I have to do is wait

If you actually watched the market live yesterday, you would have noticed China was very determined to absorb the dumps and hold price above $450 USD. They have no plans to attempt to implode the market at this current level. I'm definitely not worried about going to sleep with coins at this price. The buy side is also far more bullish right now on all exchanges than before the dump occurred. Shorting right now is pointless. Worst case scenario it goes sideways.

hunnaryb

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Seems the strategy has shifted from aggressive batch pumps, to slow rises in a channel and then swinging sentiment to bull then killing everyone.

Meanwhile, we've made lower highs after each time, which isn't healthy at all.

spooderman

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Quote from: TERA on December 16, 2015, 01:49:34 AM

It's down 3%. That's it, Bitcoin is dying.

RIP in peace bitcoin Cry

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

peonminer

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Crypto is King.

Quote from: TERA on December 16, 2015, 01:49:34 AM

It's down 3%. That's it, Bitcoin is dying.

niktitan132

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Still going up!

TERA

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It's down 3%. That's it, Bitcoin is dying.

billyjoeallen

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Hide your women

Quote from: spooderman on December 16, 2015, 12:31:00 AM

dump and we're still above 450

You have to look at the volume. Roughly the same amount of coins were bought after the dump as were sold in the dump, but the price only recovered half way. That's a pretty strong signal that this rally may be petering out. I'm going to take most of the coins I caught by bottom ticking the dump perfectly and sell them again at $459.

Y'all can short almost for free because the interest rate is so cheap. All I have to do is wait. if it goes down, I can cover. If it goes up You have to believe it will never come back down. Pretty much any position is a winning position if you wait long enough. That means either long, cash or margin short. the only position that can chew you up even if you end up winning eventually is margin long because of the high interest rate.

The only time I go margin long now is immediately AFTER a long squeeze.

niktitan132

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Quote from: Sturgeon on December 16, 2015, 01:11:39 AM

Quote from: Sturgeon on December 15, 2015, 09:54:22 PM

waiting watching any new bullish will come ? or we will down again Huh

waiting at $420 again Cheesy

look at my post some hours ago Roll Eyes

and market down some minute agao Cheesy

i think more bearish will come in this day

I think the bears are done for now. Way oversold on the Huobi 30M and bounced hard from 2869. I think next stop is up till 3136. If we break that we are gonna go to the moon.

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