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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27894. (Read 26634306 times)

legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
nice pump in the west, huobi sleeps..
what did i miss??

Houbi Never Sleeps.

Igorr are you Ukranian? or Russian?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Funny thing, now that the proprietary studies on bloomberg are easily available, I'm very cautious of the next 3 weeks.  Being biased strongly bullish, that makes me somewhat uncomfortable.  But I guess I'd rather miss the first few weeks of an uptrend than get sucker-punched down to 350 at >100% btc.
member
Activity: 98
Merit: 10
descending triangle have A BIGGER CHANCE of yielding to a bearish move but they are not always bearish (about 30 % of the time it can be a correction pattern yielding to a bullish trend ) so considering the break of the resistance and that the support is holding : yeah it might just resume upward, next resistance is the to of the triangle
member
Activity: 98
Merit: 10
Like Adam said, perhaps we are seeing resistance becoming support, having broken through the downtrend a few days back.



Suggests we have some green shoots of recovery? Undecided

Bid/Sum ratio getting better too
https://www.cryptocoincharts.info/v2/pair/btc/usd/bitstamp/10-days

Aren't descending triangles usually a bearish sign?

Generally yes, but this one broke out upwards albeit unconvincingly, and is arguably (a point I make since some like to question the volume at the breakout) not in the triangle any more thereby invalidating (or making less likely) the bearish implications.
legendary
Activity: 1008
Merit: 1000
Dumb broad
Like Adam said, perhaps we are seeing resistance becoming support, having broken through the downtrend a few days back.



Suggests we have some green shoots of recovery? Undecided

Bid/Sum ratio getting better too
https://www.cryptocoincharts.info/v2/pair/btc/usd/bitstamp/10-days

It will crash again.

That depends on your definition of 'crash' but yes, I imagine we will slink back down to 450 at some point.
hero member
Activity: 798
Merit: 1000
Bitcoin rallies, how long till China bans it again.
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
Like Adam said, perhaps we are seeing resistance becoming support, having broken through the downtrend a few days back.



Suggests we have some green shoots of recovery? Undecided

Bid/Sum ratio getting better too
https://www.cryptocoincharts.info/v2/pair/btc/usd/bitstamp/10-days

Aren't descending triangles usually a bearish sign?
full member
Activity: 126
Merit: 100
Dark Wallet released today, all money launderers, drug dealers, anarchists moving FIAT to BTC for dark wallet storage.  Tongue

China in Labor Day holiday till the 3rd, no bad news till then!

Wall Street raising awareness thru Bloomburg quotes, somewhat legitimizes this currency.

Howling at moOOoon "arwwWWwwooo!"
sr. member
Activity: 406
Merit: 250
Like Adam said, perhaps we are seeing resistance becoming support, having broken through the downtrend a few days back.



Suggests we have some green shoots of recovery? Undecided

Bid/Sum ratio getting better too
https://www.cryptocoincharts.info/v2/pair/btc/usd/bitstamp/10-days

It will crash again.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
I thought this made for an interesting quote from here

http://www.reddit.com/r/BitcoinMarkets/comments/24fhhq/daily_discussion_thursday_may_01_2014/

"Assuming that the next bubble proceeds successfully, and there is no reason to think that it won't, the conversation around here is going to fundamentally change. Right now, people are afraid that bitcoins will never catch on and will become useless. After Wall St invests in bitcoins, it will be clear that the only way that bitcoins will fail is if there is a protocol disaster. For five years now, bitcoins have always had a cloud over them about whether they would fail or not. It will be difficult for people here to adjust to that change in reality.

It will be even more difficult to adjust for people at bitcointalk.org, who have been following a set of electronic tokens that were considered a waste of electricity, but which are now listed on Bloomberg as a new asset class and which the People's Republic of China is failing in its efforts to destroy even with full government support."


I wonder what our beloved psycho bears would do with themselves if all of this came to fruition? Start stalking Litecoiners instead?
legendary
Activity: 1008
Merit: 1000
Dumb broad
Like Adam said, perhaps we are seeing resistance becoming support, having broken through the downtrend a few days back.



Suggests we have some green shoots of recovery? Undecided

Bid/Sum ratio getting better too
https://www.cryptocoincharts.info/v2/pair/btc/usd/bitstamp/10-days
sr. member
Activity: 406
Merit: 250
nice pump in the west, huobi sleeps..
what did i miss??

Are we finally ignoring China!?  That is the best news ever!!!   Cheesy

China kill bitcoin every 20 days. 
for each 20 days, generated about 90000 new bitcoins, and kill the price.
sr. member
Activity: 406
Merit: 250
If BTC drops to $100 and everyone shorts, would Bitfinex pull a gox?
legendary
Activity: 1148
Merit: 1001
nice pump in the west, huobi sleeps..
what did i miss??

Are we finally ignoring China!?  That is the best news ever!!!   Cheesy
hero member
Activity: 616
Merit: 500
I got Satoshi's avatar!
sr. member
Activity: 406
Merit: 250
nice pump in the west, huobi sleeps..
what did i miss??

Houbi Never Sleeps.
hero member
Activity: 968
Merit: 624
Still a manic miner
nice pump in the west, huobi sleeps..
what did i miss??
sr. member
Activity: 406
Merit: 250
Rocket test going on at stamp?

Just Bitstamp manipulation, the same as MtGox before, Check other, Houbi, No rise.  Smiley
legendary
Activity: 1178
Merit: 1014
Hodling since 2011.®
Rocket test going on at stamp?
legendary
Activity: 1148
Merit: 1001

We will know when CCMF is no longer followed by "?" but by "!!!" Grin
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