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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23287. (Read 26709659 times)

legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
I see 300 USD by the end of the coming week.
legendary
Activity: 2338
Merit: 1035
A pull back to $sub-240 is not only plausible but also healthy. I think we will test $240 today.

I agree, a small pull back now and a big volume breakup after would be very bullish.
Would squash my dreams to pick up on some more cheap coins though.. Sad
newbie
Activity: 56
Merit: 0
A pull back to $sub-240 is not only plausible but also healthy. I think we will test $240 today.
hero member
Activity: 798
Merit: 1000


BTW, do you see this ? this means no sane person would leave his Bitcoin on exchanges anymore, even if it is for the sake of open limited sell orders.... I am sure that once the price goes up to peoples expectation they will start sending coins to exchanges and executing market sell orders.

the chart is from Bitstamp.






and this is from Bitfinex.






Conclusion: people are starting to learn how to take care of their coins, and the Ask side doesn't mean that much to me, but the Bid side is important because it represents the Fiat sitting waiting to be filled... so the Bid ask ratio that people usually show here is useless IMO.

Agree but the same goes for people and their fiat, not trusting an exchange with your assets applies to both fiat and BTC. You could reword your conclusion as people are starting to learn to not trust third parties with their assets, therefore ask side and bid side doesn't mean much to me . However ask side is more important as it represents BTC waiting to be sold....

Whats the difference? The only real argument is that you can send btc to an exchange in an hour but may have to wait 24 for your fiat.
legendary
Activity: 2338
Merit: 1035
I'm fascinated by this volatile garbage that's going up and down 5-10 dollars every 5 minutes like a scam conducted by Bobsurplus, Fontas and Wolong.

Coinbase posting countdowns with moons and rockets. Bitch, please! I know that a percentage of those $75M went into pumping this collapsing BitBulb.

Jesus, they are taking me for a fool.



legendary
Activity: 1281
Merit: 1046
I'm fascinated by this volatile garbage that's going up and down 5-10 dollars every 5 minutes like a scam conducted by Bobsurplus, Fontas and Wolong.

Coinbase posting countdowns with moons and rockets. Bitch, please! I know that a percentage of those $75M went into pumping this collapsing BitBulb.

Jesus, they are taking me for a fool.

hero member
Activity: 742
Merit: 500
legendary
Activity: 2380
Merit: 1823
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hero member
Activity: 742
Merit: 500
any one notice this?

okcoin


huobi


bitfinex


all three are still above that trend line.. unless im drawing them wrong.. Roll Eyes
you drew that wrong because it's in linear scale. Never do that.
Always logarithmic scale.
legendary
Activity: 1512
Merit: 1000
@theshmadz
Here's my TA for the day.

Expect a significant drop in price.

Why/because?


Because I closed all my open bids this morning and went all in and I'm nearly almost sometimes always wrong.

Enjoy this little insider tip from just another guy that doesn't know shit.

 Cool
legendary
Activity: 1568
Merit: 1002
any one notice this?

okcoin


huobi


bitfinex


all three are still above that trend line.. unless im drawing them wrong.. Roll Eyes
legendary
Activity: 1176
Merit: 1000
yes.

in the first post I wrote wedge, but it is a bearish pennant. and yes, it is a continuation pattern.

If the price moves up out of the wedge then it isn't!
legendary
Activity: 1232
Merit: 1011
Good morning Bitcoinland. Still in the $250 range, I see.

Looks like $240 is holding strong for now. We didn't seem to lose yesterday's modest gains overnight.

Not bad for a weekend.

Mmmm, coffee.   Smiley

I say bitcoin will hit $280, then drops to sub $100 quickly


bearish wedge says true.

You mean this?



I don't think it's too much of a worry
I still think we gonna see a retrace somewhere between 285-315 though



yes.

in the first post I wrote wedge, but it is a bearish pennant. and yes, it is a continuation pattern.

so up then we continue down. unless we break that pennant with volume.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
Good morning Bitcoinland. Still in the $250 range, I see.

Looks like $240 is holding strong for now. We didn't seem to lose yesterday's modest gains overnight.

Not bad for a weekend.

Mmmm, coffee.   Smiley

I say bitcoin will hit $280, then drops to sub $100 quickly


bearish wedge says true.

You mean this?



I don't think it's too much of a worry
I still think we gonna see a retrace somewhere between 285-315 though


Around the 285 mark is more realalistic unless more positive news comes out.  Either way we're heading up
legendary
Activity: 2338
Merit: 1035
Good morning Bitcoinland. Still in the $250 range, I see.

Looks like $240 is holding strong for now. We didn't seem to lose yesterday's modest gains overnight.

Not bad for a weekend.

Mmmm, coffee.   Smiley

I say bitcoin will hit $280, then drops to sub $100 quickly


bearish wedge says true.

You mean this?



I don't think it's too much of a worry
I still think we gonna see a retrace somewhere between 285-315 though
sr. member
Activity: 378
Merit: 254
legendary
Activity: 1232
Merit: 1011
Good morning Bitcoinland. Still in the $250 range, I see.

Looks like $240 is holding strong for now. We didn't seem to lose yesterday's modest gains overnight.

Not bad for a weekend.

Mmmm, coffee.   Smiley

I say bitcoin will hit $280, then drops to sub $100 quickly


bearish pennant says true.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
I say bitcoin will hit $280, then drops to sub $100 quickly

LOL Thanks for the morning laugh.

 Smiley Wink Cheesy Grin Cool
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