Greek talks have totally broken down and insiders are trading the only market that's open .... cryptos.
Chinese financial markets are going to be partially frozen over the next weeks, others will also be affected. This is shaping up to 1929 with the selling waves beginning early in the summer and building right through until october ... i.e. black tuesday
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21303. (Read 26714193 times)
July 12, 2015, 06:41:34 AM
July 12, 2015, 06:41:26 AM
Still no deal with Greece. Headlines read,,, Germany preparing for Greece exit from Eurozone. Debatable how much if any, this mess has attributed to BTC values.. but feel sure it is part of the equation.
July 12, 2015, 06:40:03 AM
Even BTC-e is pulled over the $300 threshold, kicking and screaming... 
Someone should do their PhD on that site. It's not quite of this world.
July 12, 2015, 06:38:59 AM
Even Google Trends rallies.
July 12, 2015, 06:38:46 AM
So who really expects downward pressure?
if this shows any signs of weakens at this point I am short.
This pump was leaded by LTC and will likely follow the pattern for my understanding...
The squeeze potential is quiet big right now..
Squeeze of what? The majority of the leveraged long position has been locked in since the low 200's, probably a huge BTC stash from an early adopter / miner. In fact the long position is falling as the price rises.
Profit taking is natural. But shorting every rise would have stung traders very badly for the last 6 weeks. If the price really starts moving then literally anything could happen and shorting without risk management is cray cray.
Technical traders are looking to get in at a decent entry. I am just enjoying the 3 at the beginning of the price
Well, this is not going to go up forever like this. That's not how markets behave.
who said "forever"? we had a 1.5 year bear market and you start to criticise in the first month of an eventual bull market? just 150$ away from recent selloff-low? lol!
i have seen bull runs in stock-markets that lasted DECADES.
Posts like the one from Galix make you realize how many weak hands this market has, they will all sell at 650$ and miss out the biggest part of the rally.
July 12, 2015, 06:34:01 AM
China buying whatever you dare dump !
July 12, 2015, 06:30:09 AM
Even BTC-e is pulled over the $300 threshold, kicking and screaming...
July 12, 2015, 06:26:45 AM
if the bitcoin bull market lasts decades ...
July 12, 2015, 06:26:24 AM
who said "forever"? we had a 1.5 year bear market and you start to criticise in the first month of an eventual bull market? just 150$ away from recent selloff-low? lol!
i have seen bull runs in stock-markets that lasted DECADES.
i have seen bull runs in stock-markets that lasted DECADES.
I was just referring to my 3d chart. Surely a stock can go up for a very long period of time. But it will still have pull backs.
If you just want to hear this I will say it for you.
Yes it is very bullish overall.
July 12, 2015, 06:12:30 AM
So who really expects downward pressure?
if this shows any signs of weakens at this point I am short.
This pump was leaded by LTC and will likely follow the pattern for my understanding...
The squeeze potential is quiet big right now..
Squeeze of what? The majority of the leveraged long position has been locked in since the low 200's, probably a huge BTC stash from an early adopter / miner. In fact the long position is falling as the price rises.
Profit taking is natural. But shorting every rise would have stung traders very badly for the last 6 weeks. If the price really starts moving then literally anything could happen and shorting without risk management is cray cray.
Technical traders are looking to get in at a decent entry. I am just enjoying the 3 at the beginning of the price
Well, this is not going to go up forever like this. That's not how markets behave.
who said "forever"? we had a 1.5 year bear market and you start to criticise in the first month of an eventual bull market? just 150$ away from recent selloff-low? lol!
i have seen bull runs in stock-markets that lasted DECADES.
July 12, 2015, 06:09:29 AM
1.25k BTC buy on Stamp just now. Someone's eager to get on board
Just 3700 BTC to
edit: 650$!
July 12, 2015, 06:05:38 AM
1.25k BTC buy on Stamp just now. Someone's eager to get on board
July 12, 2015, 06:01:38 AM
July 12, 2015, 05:58:30 AM
So who really expects downward pressure?
if this shows any signs of weakens at this point I am short.
This pump was leaded by LTC and will likely follow the pattern for my understanding...
The squeeze potential is quiet big right now..
Bitcoin Market Cap: $4,343,815,046
LTC Market Cap: $276,834,126
BTC 15,7 times bigger. 'leaded by LTC...' lol
I am really curious how far this uptrend will last. The order books are pretty thin, that means a 5 million $ movement in the litecoin market still has a pretty significant impact in btc if it happens in one single exchange. Just look at the OKCoin spike to 366$.
July 12, 2015, 05:57:15 AM
So who really expects downward pressure?
if this shows any signs of weakens at this point I am short.
This pump was leaded by LTC and will likely follow the pattern for my understanding...
The squeeze potential is quiet big right now..
Bitcoin Market Cap: $4,343,815,046
LTC Market Cap: $276,834,126
BTC 15,7 times bigger.
yes but every leg up was initiated by LTC it even started this pump. The last major leg up was caused by the chinese exchanges because of the LTC/BTC pair dumps.
300-320$ is strong resistance level. 3D RSI overbought and Stoch RSI about to cross bearish.
I am for sure not going to long at this point, but rather look for a short.
July 12, 2015, 05:52:00 AM
So who really expects downward pressure?
if this shows any signs of weakens at this point I am short.
This pump was leaded by LTC and will likely follow the pattern for my understanding...
The squeeze potential is quiet big right now..
Squeeze of what? The majority of the leveraged long position has been locked in since the low 200's, probably a huge BTC stash from an early adopter / miner. In fact the long position is falling as the price rises.
Profit taking is natural. But shorting every rise would have stung traders very badly for the last 6 weeks. If the price really starts moving then literally anything could happen and shorting without risk management is cray cray.
Technical traders are looking to get in at a decent entry. I am just enjoying the 3 at the beginning of the price
Well, this is not going to go up forever like this. That's not how markets behave.
ltc already pumped up to >5$ agian. should xpect some shortings to go btc long.
July 12, 2015, 05:50:04 AM
So who really expects downward pressure?
if this shows any signs of weakens at this point I am short.
This pump was leaded by LTC and will likely follow the pattern for my understanding...
The squeeze potential is quiet big right now..
Bitcoin Market Cap: $4,343,815,046
LTC Market Cap: $276,834,126
BTC 15,7 times bigger. 'leaded by LTC...' lol
July 12, 2015, 05:46:22 AM
So who really expects downward pressure?
if this shows any signs of weakens at this point I am short.
This pump was leaded by LTC and will likely follow the pattern for my understanding...
The squeeze potential is quiet big right now..
Squeeze of what? The majority of the leveraged long position has been locked in since the low 200's, probably a huge BTC stash from an early adopter / miner. In fact the long position is falling as the price rises.
Profit taking is natural. But shorting every rise would have stung traders very badly for the last 6 weeks. If the price really starts moving then literally anything could happen and shorting without risk management is cray cray.
Technical traders are looking to get in at a decent entry. I am just enjoying the 3 at the beginning of the price
Well, this is not going to go up forever like this. That's not how markets behave.
July 12, 2015, 05:40:13 AM
So who really expects downward pressure?
if this shows any signs of weakens at this point I am short.
This pump was leaded by LTC and will likely follow the pattern for my understanding...
The squeeze potential is quiet big right now..
Squeeze of what? The majority of the leveraged long position has been locked in since the low 200's, probably a huge BTC stash from an early adopter / miner. In fact the long position is falling as the price rises.
Profit taking is natural. But shorting every rise would have stung traders very badly for the last 6 weeks. If the price really starts moving then literally anything could happen and shorting without risk management is cray cray.
Technical traders are looking to get in at a decent entry. I am just enjoying the 3 at the beginning of the price
July 12, 2015, 05:36:34 AM
Yeah me too. I'd like to go sideways at 305 for a week or two. We can't have price rises that are too insane because they just get dumped on. I'd like to build up slowly so sideways, just about 300 for a while would be good. Let's consolidate.
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