Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21304. (Read 26714193 times)

member
Activity: 72
Merit: 11
(there is no natural downward pressure - only a handful of well funded bear shorter dumper manipulators who will attempt to drive price lower - most people aka the other 1,000,000 or 2,000,000 or whatever bitcoin users are happy to see us finally back above 300 with a continuing upward trend and have no interest whatsoever in driving price lower)

as to what to expect?

your guess is as good as mine i expect itll be difficult going further up from here right away unless we breach 310-320 in the next couple days / this week - if that happens 300 is the new floor and even the most determined bears will have a hard time pushing it back below that - right now we're deciding if 300 is going to be the floor or going to still be a short term top *this is the 3rd time this year 300 has been breached and the previous 2 have failed to stabilize above it

legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
wait for the candle to be printed above 315$ before getting over exited.

the 1d chart reminds me of the LTC chart.

we are defiantly in profit taking area rather then yolo long area for now.

Ltc went completely parabolic. This is just an accelerating rise. But sure good place to take leveraged gains..but as you say the last technical level to hit is 315..not too far away.

I would prefer is to sit here awhile and cool off.

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.
full member
Activity: 183
Merit: 100
TaurusBit.com Administrator
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..

Same feeling at the moment.. I'm long nevertheless.
Just placed a stop sell order @295.5 though.  Wink
hero member
Activity: 504
Merit: 500
1NtkLdA98eGnsn8nEKpBGRd2VYGNBkGzd6
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..
hero member
Activity: 634
Merit: 500
So who really expects downward pressure?
full member
Activity: 177
Merit: 100
Wait so are we panic buying or not? I'm so confused... Huh

Its up to chinese willy bot creating this crap, naturally price should correct itself to ~280$ atleast before any further upward movement due to high resistance level around 305-310$ but chinese scam exchanges may keep pushing price up with their fake bot volume to even 320$ before any correction. Their shitty bots is the only reason why price is not correcting itself because volume on finex and stamp have significantly decreased which is natural before a correction.
Naturally it would be like this:

Sorry, but the last major pumps happened on Finex not on the chinese exchanges.Look at the volume.
Chinese were allways pushing the price down not up,imho.
legendary
Activity: 1176
Merit: 1000
wait for the candle to be printed above 315$ before getting over exited.

the 1d chart reminds me of the LTC chart.

we are defiantly in profit taking area rather then yolo long area for now.

Ltc went completely parabolic. This is just an accelerating rise. But sure good place to take leveraged gains..but as you say the last technical level to hit is 315..not too far away.

I would prefer is to sit here awhile and cool off.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
hero member
Activity: 504
Merit: 500
1NtkLdA98eGnsn8nEKpBGRd2VYGNBkGzd6
wait for the candle to be printed above 315$ before getting over exited.

the 1d chart reminds me of the LTC chart.

we are definite in profit taking area rather then yolo long area for now.
member
Activity: 72
Merit: 11
solid moving up across all exchanges past 300 and no signs of stopping attempts at dragging it lower so far failed squirrel says

legendary
Activity: 1176
Merit: 1000
5k coins to 330 on finex..hmm.

Shorts up to 10k. They keep trying bless their cotton socks! Smiley



and 90 000 btc margin longs.

Yes, true. But my long position is held with BTC as collateral.

This party is only just getting started. So far this has been extremely controlled Wink

We haven't had fomo. There are thousands of bears who will jump on the rocket ship soon if we keep climbing.
hero member
Activity: 504
Merit: 500
1NtkLdA98eGnsn8nEKpBGRd2VYGNBkGzd6
5k coins to 330 on finex..hmm.

Shorts up to 10k. They keep trying bless their cotton socks! Smiley



and 90 000 btc margin longs.
hero member
Activity: 583
Merit: 500
And? The price just reached 300 wall and glued on it. Something was supposed to happen at 300, either a bull or a bear run. Why nothing is happening?

Weekend. Next week should be interesting  Wink
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
And? The price just reached 300 wall and glued on it. Something was supposed to happen at 300, either a bull or a bear run. Why nothing is happening?

legendary
Activity: 1162
Merit: 1000
And? The price just reached 300 wall and glued on it. Something was supposed to happen at 300, either a bull or a bear run. Why nothing is happening?
legendary
Activity: 1176
Merit: 1000
5k coins to 330 on finex..hmm.

Shorts up to 10k. They keep trying bless their cotton socks! Smiley

legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
I am assuming that once we pass the $300 mark things really start getting fun.  

I am a little frustrated today though.  My husband told me that his aunt, which decided to purchase a few coins at $650 a while ago, called yesterday and wanted to bail out and told him to sell them all (he was holding them for her because she seemed to have difficulty with computer security).  Really?  Right when the rally is just getting started?  Sigh.  Now is the time to buy or at least HODL!

You should tell her that bitcoin is not about making "money" but about converting to a new system.
Once you're convinced of that price doesn't matter that much any more.
Switching back to old fiat is stupid and only makes sense if you are a trader which I don't think your aunt is.
hero member
Activity: 658
Merit: 500
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
The charts are pretty this morning.
Jump to: