Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22448. (Read 26609599 times)
March 15, 2015, 08:59:08 AM
March 15, 2015, 08:55:59 AM
as time goes by I am more and more convinced that the party is already over and that this was an epic bull trap.
What are you talking about tarmi? You haven't been bullish for months.
Phrased that way, it sounds more convincing
March 15, 2015, 08:47:28 AM
Bears just waiting for someone to sell. Long swaps at 0.1% interest is high, but that is only the last few days of swap total.
The order books look better matched than they have for weeks.
One big buy and the bearish sentiment will evaporate in a puff of smoke. Like most of the leveraged bears did the last month.
The order books look better matched than they have for weeks.
One big buy and the bearish sentiment will evaporate in a puff of smoke. Like most of the leveraged bears did the last month.
The "bearish sentiment" is solely connected to the imagined barrier of $300. If you look at 1d charts we are still just moving up the stairway to heaven.
Edit: So by wednesday we should be past $300.
If I look at the 1w charts, we are steadily going up like we have done for five weeks already. I expect $310 in a week.
March 15, 2015, 08:41:00 AM
no the moment of truth is now...
no wait....
...NOW
no wait....
...NOW
i say that because we are in what looks like an uptrend inside of a downtrend.
We're actually in a very small 2 day downtrend, inside of a larger 2 month uptrend, inside of a longer year long downtrend within a very long half decade uptrend by the looks of it!
+1
Haha yes, that describes the current situation quite well!
March 15, 2015, 08:31:20 AM
no the moment of truth is now...
no wait....
...NOW
no wait....
...NOW
i say that because we are in what looks like an uptrend inside of a downtrend.
We're actually in a very small 2 day downtrend, inside of a larger 2 month uptrend, inside of a longer year long downtrend within a very long half decade uptrend by the looks of it!
+1
March 15, 2015, 08:27:40 AM
as time goes by I am more and more convinced that the party is already over and that this was an epic bull trap.
What are you talking about tarmi? You haven't been bullish for months.
March 15, 2015, 08:17:53 AM
22 mil of usd swaps opened.
ftfy
we will see about them being realistic once bears really start their attack.
I think bulls panic the best and the last.
The only thing I've ever agreed with you about, is the fact that the powers that be will want to squeeze longs eventually. BUT the fact the we had a great capitulation at $160, then a month of sideways action, then 3 weeks now of upwards grind, the best scenario would be to continue up and create even more confidence. This would squeeze most of the shorts out, and create even more longs (during this time I would loan out my USD at a high rate to gain a few %). While the shorts close out as we move up, I would start borrowing coins for extremely cheap rates, but not sell them just yet. The masses will gain confidence and help propel the price and USD rates up. Once we get to high 300s I would drop the hammer, and take most by surprise. I would sell all those coins I borrowed and eat up all the closing longs on the way down. For now, the problem is most of the longs opened were opened under and close to 200, so to close them out we would need to create a lower low, which isn't cheap. Whales have much less to gain now by dumping and squeezing longs, than to move up more and do it later.
The fact that we still have bears around here running their mouths means we are not ready yet for a drop. Once the bears go completely silent... Watch Out!!!
confidence that we will break 300 easily - ✓
8 mil of new longs opened - ✓
plenty of cheap coins to borrow - ✓
bulls thinking that we already had capitulation - ✓
no cheap dolla' / dolla' going ballistic - ✓
somebody already hammering the order book - ✓
Good luck dude!
Tarmi you dawg! You know we're going up. Why won't you celebrate with us?
as time goes by I am more and more convinced that the party is already over and that this was an epic bull trap.
March 15, 2015, 08:07:35 AM
BITCOINERS -- WE KNOW WHO YOU ARE!
Turn yourselves in now and we might go easy on you.
Turn yourselves in now and we might go easy on you.
March 15, 2015, 07:59:05 AM
March 15, 2015, 07:46:29 AM
Asks melting away at 290..
March 15, 2015, 07:43:14 AM
I guess, we will have to slowly revisit uncertainty at ~$200-240 first before we can go significantly higher (above 300). Anyhow - I don't see prices going as low, as DanV or chessnut propose.
In the long run this retracement would fit perfect in a long/slow but steady rise. We already broke the 14 month linear downtrend. So the log downtrend (unexpectedly) might not be a resistance when we get there.
Please be aware. Selling now is quite risky, as a single entity can change the market sentiment dramatically to the upside. Therefore this is just a gut feeling. It will be totally invalidated, if we see the price rise to $300+ in the next days.
In the long run this retracement would fit perfect in a long/slow but steady rise. We already broke the 14 month linear downtrend. So the log downtrend (unexpectedly) might not be a resistance when we get there.
Please be aware. Selling now is quite risky, as a single entity can change the market sentiment dramatically to the upside. Therefore this is just a gut feeling. It will be totally invalidated, if we see the price rise to $300+ in the next days.
March 15, 2015, 07:27:06 AM
The triangle definitely looks more bearish on BTC China. If the bottom fails OKCoin may give some resistance slightly lower. (The poor dollar traders will surely follow whatever our renminbi overlords decide.)
March 15, 2015, 07:06:47 AM
Bears just waiting for someone to sell. Long swaps at 0.1% interest is high, but that is only the last few days of swap total.
The order books look better matched than they have for weeks.
One big buy and the bearish sentiment will evaporate in a puff of smoke. Like most of the leveraged bears did the last month.
The order books look better matched than they have for weeks.
One big buy and the bearish sentiment will evaporate in a puff of smoke. Like most of the leveraged bears did the last month.
The "bearish sentiment" is solely connected to the imagined barrier of $300. If you look at 1d charts we are still just moving up the stairway to heaven.
Edit: So by wednesday we should be past $300.
sorry guys last week was on TS on ts.whalesclub.co and said it would be 300 bucks by the 24th my birthday....(I be bad ....I jinix'd it) you can bet it will go
to 300 a day or so after the 24th (thus my life.....soooooooo.....close......dang missed it....hey why should this guess be any different then my other 'late' guesses on
where the market is going )
March 15, 2015, 06:59:05 AM
March 15, 2015, 06:28:57 AM
Bears just waiting for someone to sell. Long swaps at 0.1% interest is high, but that is only the last few days of swap total.
The order books look better matched than they have for weeks.
One big buy and the bearish sentiment will evaporate in a puff of smoke. Like most of the leveraged bears did the last month.
The order books look better matched than they have for weeks.
One big buy and the bearish sentiment will evaporate in a puff of smoke. Like most of the leveraged bears did the last month.
The "bearish sentiment" is solely connected to the imagined barrier of $300. If you look at 1d charts we are still just moving up the stairway to heaven.
Edit: So by wednesday we should be past $300.
March 15, 2015, 06:22:57 AM
Bears just waiting for someone to sell. Long swaps at 0.1% interest is high, but that is only the last few days of swap total.
The order books look better matched than they have for weeks.
One big buy and the bearish sentiment will evaporate in a puff of smoke. Like most of the leveraged bears did the last month.
The order books look better matched than they have for weeks.
One big buy and the bearish sentiment will evaporate in a puff of smoke. Like most of the leveraged bears did the last month.
March 15, 2015, 06:19:28 AM
The current situation looks more volatile on BTC China and Huobi than on OKCoin.
BTC China
OKCoin
Huobi
BTC China
OKCoin
Huobi
March 15, 2015, 05:59:07 AM
March 15, 2015, 05:17:33 AM
March 15, 2015, 04:59:49 AM
^Necrobump
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