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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26410. (Read 26619954 times)

hero member
Activity: 504
Merit: 500
Moderator
For many of us, this will be the trade of the year.

50$ move so far? Doubt that. But the next weeks promise to provide some volatility.Or did you mean that you just catched the bottom for this year @520-530$
hero member
Activity: 784
Merit: 1000
Even if I bought 10K coins at $0.50 each, I would still feel like I'm wasting opportunities by selling them right now.

But thanks anyways, I'm buying.
FNG
hero member
Activity: 588
Merit: 500
Some big bids being placed

Hope someone forces them to chase
full member
Activity: 182
Merit: 100
For many of us, this will be the trade of the year.
hero member
Activity: 504
Merit: 500
Moderator
Shorts closed for now, will set up new ones around 550-560$ No longs in between, i´m too scared that this could crumble any minute, lol.
sr. member
Activity: 266
Merit: 250
hero member
Activity: 882
Merit: 1003
They are shaking out the weak hands again.  LOL
member
Activity: 87
Merit: 10
Last fiat used, now let's relax and watch the movie.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
someone made me smile yesterday when he said "if you turn your screen upside down everything will look great"... exactly as planned, a bubble in the wrong direction.  Cheesy
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Looks like I picked the wrong week to quit sniffing glue. Sad

donator
Activity: 2772
Merit: 1019
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
HURRY HURRY, WE NEED THIS MOTHER FUCKING 8888 PAGE!!!!1
member
Activity: 84
Merit: 10
Being an ecomist does not qualify me to make valid judgements about the bitcoin future. In some cases even high qualified economists fail to make valid conclusions regarding very young and volatile markets:

http://www.handelsblatt.com/unternehmen/banken/commerzbank-chefvolkswirt-bitcoins-haben-auf-dauer-keine-chance/9118802.html

Commerzbank? Srsly? You got a PhD in clownsian economics too? Smiley


No matter what you study, one thing is important: you have to read attentively to not to misunderstand and build up false conclusions on this.
legendary
Activity: 2170
Merit: 1094
568 this is pretty disastrous... wtf is happening...

Disastrous? Not really, from a TA perspective this still allows for a bullish scenario.
But if during the next 1 - 2 days long term support at 540$ will be broken (and I believe it will), then capitulation is a must.
It will be fun to watch the panic manifested in these forums and this thread.  Grin

Support broken, bullish scenario invalidated, it's time for a healthy capitulation! Grin
But it will take a couple of months to reach the bottom, so prepare for lots of whining and moaning in this forum. Cheesy

PS. I got to post on page 8000, cool!
What's your target? <340?

At the very bottom yes, below 340$, but for now support at 420$ - 450$ should hold, followed by a rather strong rebound, that won't
last long, because large holders will understand where the market is going and sell on it.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
what did i tell you? stop buying! sell!

Nobody cares what you said.

Buy on dips, hold on rallies.
sr. member
Activity: 266
Merit: 250
Bloody Wednesday. Waiting for the US to wake up.

just watch it crash further as people stop-loss when they wake up.
legendary
Activity: 2170
Merit: 1094
568 this is pretty disastrous... wtf is happening...

Disastrous? Not really, from a TA perspective this still allows for a bullish scenario.
But if during the next 1 - 2 days long term support at 540$ will be broken (and I believe it will), then capitulation is a must.
It will be fun to watch the panic manifested in these forums and this thread.  Grin

Support broken, bullish scenario invalidated, it's time for a healthy capitulation! Grin
But it will take a couple of months to reach the bottom, so prepare for lots of whining and moaning in this forum. Cheesy

PS. I got to post on page 8000, cool!

So 541 and 539 is the difference between a huge bear market and a huge bull market??


Some time ago I and others warned of a turning point at which the market will choose a bullish or bearish scenario.
It's not just that 540$ support broke, look at the bid sum / ask sum ratio, it dropped down to 230$ on Bitstamp.
There is no bullish recovery from this, just a couple of (possibly strong) rebounds, but for the next couple of months the trend is down.
N12
donator
Activity: 1610
Merit: 1010
568 this is pretty disastrous... wtf is happening...

Disastrous? Not really, from a TA perspective this still allows for a bullish scenario.
But if during the next 1 - 2 days long term support at 540$ will be broken (and I believe it will), then capitulation is a must.
It will be fun to watch the panic manifested in these forums and this thread.  Grin

Support broken, bullish scenario invalidated, it's time for a healthy capitulation! Grin
But it will take a couple of months to reach the bottom, so prepare for lots of whining and moaning in this forum. Cheesy

PS. I got to post on page 8000, cool!
What's your target? <340?
member
Activity: 112
Merit: 10
Well good morning.

Page 8000? LOL

Time to buy some more.

what did i tell you? stop buying! sell!
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Well good morning.

Page 8000? LOL

Time to buy some more.
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