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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23064. (Read 26610030 times)

legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
When will that 5k short be squeezed Tongue
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 224
Merit: 100
Wow wow wow wow, slow down there.
EFS
staff
Activity: 3934
Merit: 2224
Crypto Swap Exchange
Last chance to get aboard! Next stop: Moon! Grin Grin Grin

Next stop 150, next stop 120.                                                             Next stop: Moon
hero member
Activity: 569
Merit: 505
Last chance to get aboard! Next stop: Moon! Grin Grin Grin
newbie
Activity: 21
Merit: 0
Is it true that Warren Buffet said that Bitcoin had a huge potential? Is it the cause of the rebound?
sr. member
Activity: 378
Merit: 250
What do you think about mtgox¿¿  200k BTC is a dangerous sell off
sr. member
Activity: 346
Merit: 250
legendary
Activity: 1652
Merit: 1029
Thank god for the bear market TBH. The fortunes can wait, let them build the infrastructure and let me get on with my life.

Bear market I check the price a couple of times a day.

Bull market I check it about 5 times an hour!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 325
Merit: 255


it begs to be quoted!

c'mon btc do something!

You know bitcoin has stability issues when everyone in here is bored because the price has only been fluctuating 3-4% in the last 1.5 days lol.

How could I ever return to a non-volatile market :/
legendary
Activity: 3122
Merit: 1538
yes
I hate to repost this, but i'm not seeing many enthusiasts...


So I see a price chart and I see a chart that is supposed to assign a value to a forum? That's not my idea of a general definition of 'enthusiasts'. The ultimate question is whether the 'enthusiasts' will be able to come up with a total of $21 million before Bitcoin hits $1. I think they do and probably a lot more than that.

Nothing has changed for Bitcoin but for the better. It's just a bubble deflating, not the 31st death of Bitcoin.
legendary
Activity: 1281
Merit: 1046
With all this non-action in the markets, why not waste some time on our favourite topic: predicting the future  Cheesy My last prediction did not fare well but that was due to too much buyers suddenly entering the picture. The future, she remains fickle...

It's clear to anyone with a brain that we are in a longer term bear market. The trend is down and I see no signs that this has ended, except for increasing volume on the down turns. But that is my only signal now.

Let's look at the weekly chart:



This chart packs a lot of info so I'll break down my thoughts in snippets:

1. The stochastics is turning up again. It has a history of bigger or smaller rallies once it turns upwards from the cellar. In the last months, though, this signal has proven unreliable. No clear signal.

2. We are breaching the long term purple average. It has been breached earlier (2011 bear market; also see start of this graph) so it may happen big time again.

3. The down trend is visualized with a trend line. This trend line is currently at $350 and around $220 in August 2015. We need to punch this line, whether by rally or by going sideways, until there is a clear signal that the down trend is over. There is no guarantee that this trend will be broken before August or 2016. Price will tell, not these charts.

4. Everyone has his own thoughts on this, but my guess is that at some price point, buying pressure will prove too much to keep price within the existing down trend as displayed. It will be long before $40 in May 2017. Bitcoin is simply to powerful as idea and with too much enthusiasts to drop that low for a longer period of time. Of course, this epic bubble must be deflated (and it will) and I think it is not over yet.

5. Just as a thought, if the latest drop indicates the bottom of this bear market, we may still face sideways action that could last until May or even September before the down trend is broken. That means that those tumble weeds are called for. Keep them coming because we may still need considerable time before this bear thing is over.

6. As a final remark: $100 prices are still very much possible. That's a better place for desperation and despondency than current prices. If that's what it takes to have a better future, so be it.


I hate to repost this, but i'm not seeing many enthusiasts...






The only enthusiasts left are the ones that bought their bags at insane prices and now would do everything in order to dump them on their new colleagues who think that $220 for this unusable currency is a correct valuation. You see them everywhere, talking about Wall Street, Buy&Hodl, Trillion Dollar Market caps, while some of them are even creating shitty apps.
member
Activity: 72
Merit: 10
wonder if it'll stay up (they rarely seem to)

bitfinex wall


that didnt take long to get pulled

almost $2 with 0 bids  Huh



That went fast, false hope = we're going down lower Sad

Just another stunt to push us into the 230's so they can short even more.

These fake walls are pointless, they get pulled the second someone dumps one sat into them.
legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
I like to see the LTC/BTC dumping; went sideways for too long. Arise BTC/USD. Popcorn. /eat.

ltc is dead


btc might rise, but not ltc
Its only good if you only want profit
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 280
Merit: 100
We ale velly solly to announce that we won´t pump the plice to 250$ as oliginally planned. Fell flee to unload youl bags now!



lmao... 操你妈!
legendary
Activity: 3122
Merit: 1538
yes
With all this non-action in the markets, why not waste some time on our favourite topic: predicting the future  Cheesy My last prediction did not fare well but that was due to too much buyers suddenly entering the picture. The future, she remains fickle...

It's clear to anyone with a brain that we are in a longer term bear market. The trend is down and I see no signs that this has ended, except for increasing volume on the down turns. But that is my only signal now.

Let's look at the weekly chart:



This chart packs a lot of info so I'll break down my thoughts in snippets:

1. The stochastics is turning up again. It has a history of bigger or smaller rallies once it turns upwards from the cellar. In the last months, though, this signal has proven unreliable. No clear signal.

2. We are breaching the long term purple average. It has been breached earlier (2011 bear market; also see start of this graph) so it may happen big time again.

3. The down trend is visualized with a trend line. This trend line is currently at $350 and around $220 in August 2015. We need to punch this line, whether by rally or by going sideways, until there is a clear signal that the down trend is over. There is no guarantee that this trend will be broken before August or 2016. Price will tell, not these charts.

4. Everyone has his own thoughts on this, but my guess is that at some price point, buying pressure will prove too much to keep price within the existing down trend as displayed. It will be long before $40 in May 2017. Bitcoin is simply to powerful as idea and with too much enthusiasts to drop that low for a longer period of time. Of course, this epic bubble must be deflated (and it will) and I think it is not over yet.

5. Just as a thought, if the latest drop indicates the bottom of this bear market, we may still face sideways action that could last until May or even September before the down trend is broken. That means that those tumble weeds are called for. Keep them coming because we may still need considerable time before this bear thing is over.

6. As a final remark: $100 prices are still very much possible. That's a better place for desperation and despondency than current prices. If that's what it takes to have a better future, so be it.
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