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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27567. (Read 26712382 times)

hero member
Activity: 574
Merit: 500
Just wait for the buying back to start and the pigs to be slaughtered Wink

Stamps 4h charts looking at the volume candles pretty similar... except the market depth was eaten Cheesy almost 2ice now. so this time around had a more severe price effect ...and so might end up with higher volume and more dumping but I feel the pigs are going to be fried.

already surpassed the past candle by 300btc
sr. member
Activity: 308
Merit: 250
Boom! barrier broken!  Grin Grin Grin


You say boom a lot. You like getting boomed up the butt?
Buy... Dont even Think about whining that you've missed the train.

<-- LOL! The fear is strong on this one  Grin Grin

Nah. It's Just annoying that kids like you try to spread fud and fear on a forum which represents the BTC community. Smiley  I've been hodling and buying through worse. 20 bucks price drop.. So what
hero member
Activity: 798
Merit: 1000
Just wait for the buying back to start and the pigs to be slaughtered Wink
sr. member
Activity: 336
Merit: 250
Boom! barrier broken!  Grin Grin Grin


You say boom a lot. You like getting boomed up the butt?
Buy... Dont even Think about whining that you've missed the train.

<-- LOL! The fear is strong on this one  Grin Grin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 574
Merit: 500
personally feel this is panic...but maybe not.. I suppose pigs could be getting slaughtered or whales profit taking..so many options Cheesy
hero member
Activity: 798
Merit: 1000
many of the coins that were bought in this run are probably no longer subject to panic selling, as whales withdraw for long term holding.

selling != panic selling. If you bought a significant number of coins at any point other than say yesterday, taking a few k profit is not a bad move.

This much and this fast?

How many coins were bought between $440 and this price 24 hours ago? A shit load, one person could be selling all those coins, theoretically, its only been 1500 a big entity could have eaasily bought 1500 coins between $450 and $500 and selling them now for close to $100k profit.

Just think its silly to always assume everytime someone sells that its in panic and they don't know what theyre doing. Some unknown news is more likely obviously.
sr. member
Activity: 308
Merit: 250
Boom! barrier broken!  Grin Grin Grin


You say boom a lot. You like getting boomed up the butt?
Buy... Dont even Think about whining that you've missed the train.
legendary
Activity: 2156
Merit: 1070
I don't think we're going lower then this tbh

headed to 630 in a couple days

540 retest was question for discussion. Thoughts for/against?

We have not yet seen any Fibonacci retracements during the breakout. If there is one in the cards now, it would be about 538. So yes, I support this one. 500 should hold because that's the 2nd retracement level.

520 is also possible. 50% retracement from 440 at beginning of rally.
sr. member
Activity: 952
Merit: 281
hero member
Activity: 1218
Merit: 500
BintexFutures
member
Activity: 99
Merit: 10
the weak hands are plenty in this one
legendary
Activity: 2324
Merit: 1125
many of the coins that were bought in this run are probably no longer subject to panic selling, as whales withdraw for long term holding.

selling != panic selling. If you bought a significant number of coins at any point other than say yesterday, taking a few k profit is not a bad move.

This much and this fast?
sr. member
Activity: 336
Merit: 250
Boom! barrier broken!  Grin Grin Grin
hero member
Activity: 798
Merit: 1000
I would expect a decent retrace here, the longs on Bitfinex are the highest they've been since the first week in feb.
hero member
Activity: 798
Merit: 1000
many of the coins that were bought in this run are probably no longer subject to panic selling, as whales withdraw for long term holding.

selling != panic selling. If you bought a significant number of coins at any point other than say yesterday, taking a few k profit is not a bad move.
sr. member
Activity: 336
Merit: 250
donator
Activity: 1722
Merit: 1036
I don't think we're going lower then this tbh

headed to 630 in a couple days

540 retest was question for discussion. Thoughts for/against?

We have not yet seen any Fibonacci retracements during the breakout. If there is one in the cards now, it would be about 538. So yes, I support this one. 500 should hold because that's the 2nd retracement level.
hero member
Activity: 798
Merit: 1000
Woke up with a sell order having gone through on Kraken, not buying back in until I see a few green candles on the hour views to be safe.
Any reason people dumped, aside from it being a correction as we've gone up too fast?

My guess is just a correction, Im expecting some new , money on the exchanges in the next few hours so would stand to reason some bigger players trying to increse their position before it enters.

Who knows, but one of the joys of buying back low $400's and being general in a bullish market is not having to fret too much. IMO its silly to buy or sell here, just hodl Wink
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