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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26241. (Read 26713229 times)

sr. member
Activity: 546
Merit: 250
full member
Activity: 238
Merit: 100
There are still 6800 shorts open.  They have guts, I will give them that.

They are about to get squeezed out I'd imagine... which will provide propulsion.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
We're now back at $510, that was quite some small bear trap, ha. Load up the trains, people!

Best parody account name, ever. Dare I say, better than walsoraj?

+1   AGREED
full member
Activity: 182
Merit: 100
There are still 6800 shorts open.  They have guts, I will give them that.
legendary
Activity: 966
Merit: 1000
After reading the last ten pages of this thread, I decided to buy again. If price is down tomorrow, I will.buy some more.

Same here, I also thinking to buy again some coin, but not too much.
I think we will cross this time 500 level and will move upwards.

My fiat just arrived on kraken but is "on hold"! I opened a ticket, I hope they will unlock it before price go to the moon Wink
Are you verified there?

I am verified tier 3. So daily limit is 20,000$ and monthly one is 100,000$. I am far away from limits.

The problem is I made two deposits of the same amount, and this triggered their safety protocol, so they will check with my bank if there is really two deposits !!!

So make deposits with different amounts if you use kraken.
full member
Activity: 238
Merit: 100
Time for a big run! Brace yourselves.
legendary
Activity: 1334
Merit: 1004
TTM
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2212
Merit: 1199


Hey! if anyone want a quick lurk into a chart from a Polish Bitcoin Exchange.

I love those as it is self refreshing after a minute Smiley

Anyway at the moment I am very very happy that we are >$500 !!
sr. member
Activity: 364
Merit: 250
I want to buy another btc but I can't until someday next week because my bank account is currently suspended for trying to buy 2btc.

You need a new bank.
hero member
Activity: 777
Merit: 500
I want to buy another btc but I can't until someday next week because my bank account is currently suspended for trying to buy 2btc.
full member
Activity: 196
Merit: 100
510 wall about fall on stamp - 4hr MACD about to cross
sr. member
Activity: 398
Merit: 250
full member
Activity: 238
Merit: 100
Reality Post -- What is probably really going on in the past 24 hours...

Shorts watched other shorts just get squeezed out extremely hard in Litecoin (or they are the same peeps shorting both), hence the spike up to the $505ish range.

What will happen next?
(1) Shorts get squeezed further on Bitcoin and we get a hurry up bump to $550 before the price levels to about $530;
(2) The shorts get squeezed further on Bitcoin and we get a hurry up bump to $550 and the shorts lose heart, the longs jump back in, and the rally takes on a life of its own... any rally from there would be toppy and would introduce increased volatility over the next few weeks... it would be a fun up ride, though; OR
(3) Both BTC and LTC come back down to earth and the bear market deepens.

In a nutshell... the price at the end of the week will be somewhere between $250 and $660. I hope this is specific enough for you to make decisions on... =D

Joking aside, look for trigger points of where shorts get squeezed and don't get too hoggy on the run up and you'll at least avoid losing money today. This is probably a real rally unlike the bounce earlier this week because it has been fairly balanced between the exchanges and led by China. In the last run up, earlier this week, Bitfinex and Stamp were trading $20+ over China. In retrospect... we really should have caught the hint. This seems different, though.

legendary
Activity: 1159
Merit: 1001
legendary
Activity: 1232
Merit: 1011
legendary
Activity: 966
Merit: 1000
Aww i sold my whole 0.9 when we were at 478, i should maybe buy back in with more asap.
hero member
Activity: 504
Merit: 500
Moderator
Stupid bears, should have better listened to the almighty Walsoraj!
hero member
Activity: 686
Merit: 500
Ultranode



TO THE OORT CLOUD AND BEYOND! fn1











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