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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20179. (Read 26630442 times)

legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
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So, will BTC go down because China dumps their hodlings, or will it go up as USD devalues?

Perhaps both?  First China dumps and we revisit $275.  When they run out inflation takes over again and we're back to $400 before you know it.

The dollar has been dying for as long as I remember, or so they´re always saying, but is presently at a 7-year high and looking pretty healthy. The FED will most likely be forced to start hiking rates in the near future which should be good for the greenback. I would imagine that this would be rather bearish for bitcoin. If it is a counter-trade to the dollar like most things that is.

member
Activity: 78
Merit: 10

So, will BTC go down because China dumps their hodlings, or will it go up as USD devalues?

Perhaps both?  First China dumps and we revisit $275.  When they run out inflation takes over again and we're back to $400 before you know it.

And here come the red bars on Huobi.  Couldn't have timed that better.
member
Activity: 78
Merit: 10

So, will BTC go down because China dumps their hodlings, or will it go up as USD devalues?

Perhaps both?  First China dumps and we revisit $275.  When they run out inflation takes over again and we're back to $400 before you know it.
member
Activity: 115
Merit: 10
Surrender bears.
if anyone is not bearish short term ie for the next couple of months they need to stop drinking or drug taking as it is leading them down the wrong path. but hey we are all free to choose our paths - mine though does not end with a cliff
legendary
Activity: 2002
Merit: 1040
We are either going up or down or sideways. It is very clear from looking at the charts.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
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It's Monday morning in Shanghai.  The next 6 hours are critical.  Cheesy
legendary
Activity: 3556
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#1 VIP Crypto Casino
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
$320 support has become resistance. WHY?! Cry

I wouldn't call it $320 resistance, yet.     Tongue

How come it's a resistance when we are still over that?

How am I supposed to know?

I thought that resistance is used to describe difficulties in price movement on the way up and support is to describe difficulties in price movement on the way down.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC


Can't you guyz and galz just launch this mofo to 10k so I can buy a boat?

Is that really too much to ask for?

Here's a piece of paper. Go fold yourself a paper boat. That's as close as you will ever get to your own personal boat.

Hey now, talks cheep!
legendary
Activity: 1036
Merit: 1000


Can't you guyz and galz just launch this mofo to 10k so I can buy a boat?

Is that really too much to ask for?

Here's a piece of paper. Go fold yourself a paper boat. That's as close as you will ever get to your own personal boat.
legendary
Activity: 952
Merit: 1000
$320 support has become resistance. WHY?! Cry

I wouldn't call it $320 resistance, yet.     Tongue

How come it's a resistance when we are still over that?
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
China Huobi and OKCoin shaking off weakness on the Western markets Bitstamp and Bitfinex.

There you go!

Shake that weakness off and launch this fracker!!!
legendary
Activity: 1159
Merit: 1001
China Huobi and OKCoin shaking off weakness on the Western markets Bitstamp and Bitfinex.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC


Can't you guyz and galz just launch this mofo to 10k so I can buy a boat?

Is that really too much to ask for?
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
Been a pretty good battle going on on stamp for the past hour and a half or so, and it seems that the bear is starting to get the edge, unless the bull is just faking him out?

Huge volume on Stamp, once again, and every single time that Stamp has lead with the volume lately, it is the Barney Bear glovepuppet who has beat down the Billy Bull glovepuppet....or who knows.....it may actually really even be two or more different entities doing all the buying and selling their?


I'm not sure whether the battle is over yet.  Surely, there has been price movement from the $323 territory to the $315 territory, but price is still in the $318-19 arena... beat down, or no?  hm?  Maybe we will know shortly, but I am not prepared to call it a beat down of the bears, yet.. not while there still seems to be some kind of a battle in progress.... volume is down, and the price is trickling back up to $320+ territory, no?
legendary
Activity: 1159
Merit: 1001
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