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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31692. (Read 26609089 times)

hero member
Activity: 504
Merit: 500
What about the weekend dip? Or will it be a weekend crash?
legendary
Activity: 1400
Merit: 1013
We have added $3.5 billion in market cap this week.  No other week compares from this perspective.
You're thinking linearly.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Its not a cup and handle formation. Cup and handles are specifically supposed to be U shaped and not V shaped.
lets make up a new term.

call it, V shaped TA trap.

What's on the top right... a red-giant star about to go supernova!?

Or its a pinota and 200,000 bitcoins fall out.
that would be nice.

but their no need, fundamentals are so strong that bitcoin always has an upward drift even on low volume.

freaking out yet?

wait till i start a count down.

My concern is that (besides the normal consideration of a 7 week+ long period to describe a cup-and-handle setup) the weakened V-shape, weak volume, lack of volatility, and slipping trend may turn this into a bull trap if it doesn't break through the resistance at $778 that Yoya carefully pointed out.



hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
Just 780BTC to break the resistance...so close, just one trade.
newbie
Activity: 14
Merit: 0
it's gone up to 779 on gox now
full member
Activity: 126
Merit: 100
Its not a cup and handle formation. Cup and handles are specifically supposed to be U shaped and not V shaped.
lets make up a new term.

call it, V shaped TA trap.

What's on the top right... a red-giant star about to go supernova!?

Or its a pinota and 200,000 bitcoins fall out.
that would be nice.

but their no need, fundamentals are so strong that bitcoin always has an upward drift even on low volume.

freaking out yet?

wait till i start a count down.

My concern is that (besides the normal consideration of a 7 week+ long period to describe a cup-and-handle setup) the weakened V-shape, weak volume, lack of volatility, and slipping trend may turn this into a bull trap if it doesn't break through the resistance at $778 that Yoya carefully pointed out.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
we have had 3 successful missions to the moon

this time we are going to mars  Cool
hero member
Activity: 728
Merit: 500
Wait, to the moon only means 1200?

I am so disappointed.
I think the moon was at $5. Sights are now set at the Oort cloud.
sr. member
Activity: 476
Merit: 250
After the epic start to the week, I was fairly sure that Bitcoin would end mid-range ($650) at the end of week.

But now... this damn thing might just finish the week on its highs.

It only has to finish above $670 to make this the best price performing week in Bitcoin history.


Is not price performance irrelevant?   Still an awesome gain for the week, makes the top ten.

I don't think it is.  "Joe Average" is concerned with the amount not the percent.

The week of June 6, 2011 the weekly weighted price was 98% higher than the prior week.

This week still slightly more than one day left, but so far we're only 65%.

See above.  We have added $3.5 billion in market cap this week.  No other week compares from this perspective.
full member
Activity: 238
Merit: 100
In Gord We Trust
Its not a cup and handle formation. Cup and handles are specifically supposed to be U shaped and not V shaped.

Would something like this be better? 

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Its not a cup and handle formation. Cup and handles are specifically supposed to be U shaped and not V shaped.
lets make up a new term.

call it, V shaped TA trap.

What's on the top right... a red-giant star about to go supernova!?

Or its a pinota and 200,000 bitcoins fall out.
that would be nice.

but their no need, fundamentals are so strong that bitcoin always has an upward drift even on low volume.

freaking out yet?

wait till i start a count down.
legendary
Activity: 1400
Merit: 1013
After the epic start to the week, I was fairly sure that Bitcoin would end mid-range ($650) at the end of week.

But now... this damn thing might just finish the week on its highs.

It only has to finish above $670 to make this the best price performing week in Bitcoin history.

The week of June 6, 2011 the weekly weighted price was 98% higher than the prior week.

This week still slightly more than one day left, but so far we're only 65%.

On the other hand, the volume traded on Mt Gox in USD terms so far this week has blown away all previous records, including the week of the April crash.
hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
full member
Activity: 136
Merit: 100
Why the long face?
Wait, to the moon only means 1200?

I am so disappointed.
hero member
Activity: 728
Merit: 500
Its not a cup and handle formation. Cup and handles are specifically supposed to be U shaped and not V shaped.
lets make up a new term.

call it, V shaped TA trap.

What's on the top right... a red-giant star about to go supernova!?

Or its a pinota and 200,000 bitcoins fall out.
sr. member
Activity: 260
Merit: 250
After the epic start to the week, I was fairly sure that Bitcoin would end mid-range ($650) at the end of week.

But now... this damn thing might just finish the week on its highs.

It only has to finish above $670 to make this the best price performing week in Bitcoin history.


Is not price performance irrelevant?   Still an awesome gain for the week, makes the top ten.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Its not a cup and handle formation. Cup and handles are specifically supposed to be U shaped and not V shaped.
lets make up a new term.

call it, V shaped TA trap.

What's on the top right... a red-giant star about to go supernova!?


Mars
legendary
Activity: 2156
Merit: 1070
Its not a cup and handle formation. Cup and handles are specifically supposed to be U shaped and not V shaped.
lets make up a new term.

call it, V shaped TA trap.

What's on the top right... a red-giant star about to go supernova!?


I thought it was a moon.
legendary
Activity: 1400
Merit: 1013
Its not a cup and handle formation. Cup and handles are specifically supposed to be U shaped and not V shaped.
lets make up a new term.

call it, V shaped TA trap.
"The S is for sucks dragon" formation.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Its not a cup and handle formation. Cup and handles are specifically supposed to be U shaped and not V shaped.
lets make up a new term.

call it, V shaped TA trap.

What's on the top right... a red-giant star about to go supernova!?
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