Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21181.

brg444

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Bitcoin replaces central, not commercial, banks

Quote from: GaliX on July 27, 2015, 07:09:51 PM

Quote from: Dump3er on July 27, 2015, 07:05:19 PM

Quote from: GaliX on July 27, 2015, 06:45:05 PM

Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish

For a permabull the market always looks bullish.

Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag! Cheesy

if you just look at the chart BTC is currently for the first time really in a bullish phase...

The problem is there is nothing fundamental backing this Bull-trend up like Interest rate decision etc. pp.

You trolls really need to try harder.

GaliX

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Quote from: Dump3er on July 27, 2015, 07:05:19 PM

Quote from: GaliX on July 27, 2015, 06:45:05 PM

Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish

For a permabull the market always looks bullish.

Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag! Cheesy

if you just look at the chart BTC is currently for the first time really in a bullish phase...

The problem is there is nothing fundamental backing this Bull-trend up like Interest rate decision etc. pp.

Dump3er

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Quote from: GaliX on July 27, 2015, 06:45:05 PM

Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish

For a permabull the market always looks bullish.

Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag! Cheesy

ChartBuddy

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bassclef

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Quote from: Fakhoury on July 27, 2015, 02:05:19 PM

Quote from: bassclef on July 27, 2015, 01:35:44 PM

Price looks ready to move out of the trading range. Phase A selling climax and automatic reaction scared most of the weak hands from the market. Phase B provided good opportunities to collect in the lower $200s and sell the high $200s. Phase C testing was unable to break support below $220, a clear indication of no supply. Phase D is a reaction to phase C--a clean, strong rally with very little selling. Phase E is the markup, yet to be seen.

Last points of supply to build long positions were $220 and $275. Medium term point & figure target $400-$500.

Exhibit A

Exhibit B

Any time range for phase E bassclef ?

Wyckoff trading ranges tell a story of gradually changing supply and demand forces, from the selling climax where supply has overwhelmed the market, to the testing in phase C where supply has been successfully absorbed by the informed interests and demand begins to take control. They can only predict a general timeframe of what is probable.

We may zoom right past $315 in the next few days or bounce around below it awhile longer before building the needed energy to push over. If the second scenario happens bears may conspire for one final push down, which won't likely get very far. Either way the needed energy will be found by bulls aggressively buying any corrective dips or everyone fomo buying as it drifts up past $300 with no significant selling pressure.

You either need to have brass balls or be fresh out of the Babypips School for Retail Traders to short this. The probable direction is clear.

scott btc

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GaliX

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Quote from: inca on July 27, 2015, 06:39:53 PM

Quote from: GaliX on July 27, 2015, 06:27:23 PM

Quote from: bassclef on July 27, 2015, 06:25:38 PM

Quote from: GaliX on July 27, 2015, 06:04:03 PM

Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?

Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...

The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.

You were here this morning educating us on how Bitcoin cannot move up. Now you wonder why it's going up.

Good luck with those CFDs and 200x leverage.

lol I wouldn't call a 1.6% going really up at Bitcoin....

I hate to break it to you but you aren't fooling anyone on here with your forex l33t trading chat. Most of the bulls on here have been round the block a few times.

Well Forex is a different kind of trading compared to bitcoin... I am not saying it's better or worse or anything... It's different on many ways

Bitcoin is more like trading stocks in the end... You hodl and you sell at some point... There is rarely real intraday action you have to pay real attention to in the end.. Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish

inca

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Quote from: GaliX on July 27, 2015, 06:27:23 PM

Quote from: bassclef on July 27, 2015, 06:25:38 PM

Quote from: GaliX on July 27, 2015, 06:04:03 PM

Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?

Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...

The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.

You were here this morning educating us on how Bitcoin cannot move up. Now you wonder why it's going up.

Good luck with those CFDs and 200x leverage.

lol I wouldn't call a 1.6% going really up at Bitcoin....

I hate to break it to you but you aren't fooling anyone on here with your forex l33t trading chat. Most of the bulls on here have been round the block a few times.

Dump3er

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Quote from: inca on July 27, 2015, 06:21:00 PM

I think I worked out the bear game plan:

1. Short at 298 on finex - the price is going to double digits, right?
2. Price continues to rise
3. Huh

4. Profit!

Give up guys.

Bears are onboard. The only difference and problem of you and the Bears was that they didn't want to buy at ~800. So now let's see how high the price will go...

...after topping out you can blame the regarded bears again.

GaliX

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Quote from: bassclef on July 27, 2015, 06:25:38 PM

Quote from: GaliX on July 27, 2015, 06:04:03 PM

Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?

Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...

The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.

You were here this morning educating us on how Bitcoin cannot move up. Now you wonder why it's going up.

Good luck with those CFDs and 200x leverage.

lol I wouldn't call a 1.6% going really up at Bitcoin....

brg444

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Bitcoin replaces central, not commercial, banks

Quote from: Dump3er on July 27, 2015, 06:16:40 PM

Wall observer economists (but in particular in reminds me of ponzielita):

very original

bassclef

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Quote from: GaliX on July 27, 2015, 06:04:03 PM

Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?

Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...

The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.

You were here this morning educating us on how Bitcoin cannot move up. Now you wonder why it's going up.

Good luck with those CFDs and 200x leverage.

inca

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I think I worked out the bear game plan:

1. Short at 298 on finex - the price is going to double digits, right?
2. Price continues to rise
3. Huh

4. Profit!

Give up guys.

eerygarden

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Quote from: GaliX on July 27, 2015, 06:04:03 PM

Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?

Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...

The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.

Aye, but no doubt the opposite is true also, incurring losses.

Most of us don't know shit. That's an educated guess btw.

Dump3er

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Wall observer economists (but in particular in reminds me of ponzielita):

GaliX

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Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?

Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...

The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.

ejinte

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Quote from: GaliX on July 27, 2015, 04:43:35 PM

Quote from: ejinte on July 27, 2015, 03:53:58 PM

I was about 23 pages behind in this thread so I thought fuck it and I went to the last one. I can't understand why everyone is so bullish back here?

the normal "we are going to the moon" bulltards stuff

Yeah it's getting old. I'm bullish too, but I don't belive we're going to $32.000 by the end of the week.

ChartBuddy

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inca

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Quote from: sAt0sHiFanClub on July 27, 2015, 05:52:18 PM

Quote from: inca on July 27, 2015, 05:48:21 PM

Quote from: bassclef on July 27, 2015, 05:41:43 PM

Quote from: inca on July 27, 2015, 05:31:09 PM

Quote from: sAt0sHiFanClub on July 27, 2015, 05:17:43 PM

But we will be back to 230 by Friday.

I see the bears are shorting again here at 300. It is basically a last stand for them.

Any appreciable buying now will eviscerate the remaining 10,666 shorts on finex.

Place your bets!

If the bears don't understand or care to learn about the context of the market compared to its prior actions--that is, how the last six months has been coiling the spring of this rally--they deserve to lose money.

I do wonder if they believe the crap they spew.

I only believe you, inca.. Grin

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Barring disaster I believe bitcoin will go on for many years into the future and succeed. The very nature of bitcoin, it's scarcity, hype cycles and adoption waves means that it will be volatile way into the future. Previously that has been upward volatility and I see no reason for that to stop being the case yet.

I would be extremely surprised if bitcoin doesn't moon at least once in the next two years.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21181. (Read 26712362 times)