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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27232. (Read 26708826 times)

hero member
Activity: 882
Merit: 1003
legendary
Activity: 1764
Merit: 1031
Expecting prices to touch 520-560 unless some unexpected mini-rally happens

What are you smoking?

Just watching 1d graph + macD, 520-560 are 50% and 61% fibo levels, its most probable bottom in this situation.

The most bullish scenario is bouncing of 600, but thats very optimistic.

I wondered about a 540 retest a while back, but assumed we were past that now. As I recall, 620 was also pretty critical on the way down and appears to be sticky now too.
legendary
Activity: 2324
Merit: 1125
Expecting prices to touch 520-560 unless some unexpected mini-rally happens

What are you smoking?

Just watching 1d graph + macD, 520-560 are 50% and 61% fibo levels, its most probable bottom in this situation.

The most bullish scenario is bouncing of 600, but thats very optimistic.

Bouncing of 613?  Cheesy
hero member
Activity: 812
Merit: 1000
Expecting prices to touch 520-560 unless some unexpected mini-rally happens

What are you smoking?

Just watching 1d graph + macD, 520-560 are 50% and 61% fibo levels, its most probable bottom in this situation.

The most bullish scenario is bouncing of 600, but thats very optimistic.
hero member
Activity: 601
Merit: 503
its going to 580-600 now for sure.

nothing can stop that one dumper on stamp.

One dumper? These are 100's of idiots in total panic who are selling. What exchange are you looking at?

looking at stamp. obviously one entitiy who sells below market price ( all other exchanges ) for days/ last week.

normal rational trader wont sell below market price.

there is still no valid explanation why theree is such a gap.
full member
Activity: 227
Merit: 100
Thanks shroomskit for luring all of these young bitcoiners into the bull trap!
My employer is very pleased with your work and would like to offer you a permanent position. PM me

shroomskit would not want to work for McDonalds though fonzie.
hero member
Activity: 504
Merit: 500
Moderator
Thanks shroomskit for luring all of these young bitcoiners into the bull trap!
My employer is very pleased with your work and would like to offer you a permanent position. PM me
sr. member
Activity: 336
Merit: 250
hero member
Activity: 910
Merit: 1003
One more clueless guess won't hurt, right?

My explanation for the mini-rally of the last few weeks is that some Chinese traders got insider info of some impending positive development X, and all the other traders simply went along with them, without understanding why.  Now some of those traders may have got tired of waiting for X, or began to doubt the rumors, or got scared by that Caixin article.

So, what will happen next depends on whether X will actually happen, and whether it is indeed a positive thing.
legendary
Activity: 1428
Merit: 1000
How do you view total margin longs and shorts on bitfinex?

Red Fireworks soon, under 600 guaranteedTM  Cheesy

hero member
Activity: 504
Merit: 500
Moderator
hero member
Activity: 504
Merit: 500
Moderator
Expecting prices to touch 520-560 unless some unexpected mini-rally happens

Why?  Huh

Simple, what goes up must come down.

No it doesn't.

Have you joined the cult of shroomskit which implies that if everybody stopped selling we would already have reached 100000000$ (aka trollboxlogic)  Cheesy
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
How do you view total margin longs and shorts on bitfinex?
hero member
Activity: 672
Merit: 500
Anyway, i'm outta here again before the bear troll fest starts. With all the told yo so's as if they could see this coming.
hero member
Activity: 672
Merit: 500
its going to 580-600 now for sure.

nothing can stop that one dumper on stamp.

One dumper? These are 100's of idiots in total panic who are selling. What exchange are you looking at?
hero member
Activity: 672
Merit: 500
Morning everyone!   Just checked the prices for the first time today, and noticed the little slippage in the pricing...has any big news come out today or just market correction?

China banned Bitcoin again. The dumps earlier on was obviously people with insider information. Same shit, different day.

I get people panic the first time. The second time, ok. The 10th time, seriously?

legendary
Activity: 1792
Merit: 1111
Morning everyone!   Just checked the prices for the first time today, and noticed the little slippage in the pricing...has any big news come out today or just market correction?
Just more of the same, Chinese fud
http://finance.caixin.com/2014-06-12/100689938.html

BS. This happened last week. Nothing new
sr. member
Activity: 308
Merit: 250
Cant see it go below $600.

I think we might see a nice rally coming up in the next 24 to 48 hours.

Everyone here talks about a beartrap. The last week and a half were a beartrap.
jr. member
Activity: 58
Merit: 10
He seems to have run out for now.

Next, it's lunch-time on the east coast. Time for wall street types to step away from the fiat world and have some fun with bitcoin for an hour...

its going to 580-600 now for sure.

nothing can stop that one dumper on stamp.
sr. member
Activity: 462
Merit: 253
Expecting prices to touch 520-560 unless some unexpected mini-rally happens

Why?  Huh

Simple, what goes up must come down.

Digital information is not subject to gravity.
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