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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32783. (Read 26468952 times)

legendary
Activity: 1442
Merit: 1000
Antifragile


Wow, look at how Bitstamp is cutting into Gox's volume. I wonder what will happen once (all) wire withdrawals are enacted again (this week?). Also note China is climbing, but still VERY small - no real impact.

Gox can't have anywhere near 80% anymore. What are the latest numbers, anyone?


full member
Activity: 462
Merit: 101
A Top Web 3 Gaming Layer2 Provider
Large walls were appearing right about current market rate again and again on this today's dip. Now large walls are propping up the price again.

Hard to analyse technicals when such market manipulation is rampant.

It's interesting that trend is at 99% according to the TA even with this manipulation.

Yesterday's bottom was most likely by Trend based Fibo extension 85.81 - And we saw $ 86.00.

Now the most likely top $ 95.56.

Therefore, I personally will not buy Bitcoin for 91 - 94 now...

It's Fibo analysis of the latest wave. But as I always say only possibility is more likely than the other options.

Edit: On the other hand, another option is up to 102.94 - but so far as the mood, I think unlikely and too risky in down trend ...
legendary
Activity: 1442
Merit: 1000
Antifragile
Nice sucker rally ongoing, I wonder how many bulls are still in the mood to get burnt trap after trap.

I was waiting for someone to say this... figured it would be you.  Grin

The wall below 90 went up just to quick. Someone is trying to walk the price up again imo. edit - The buy sizes are larger today, so maybe we do bounce...
I was tempted to buy in yesterday when Bitstamp was at 92 (now at 95) but the spread is just too large. It is a large gamble for a small return.

Regarding candles, I would never never try to buy in at the bottom of a big red candle, just too risky. Hammers on the other hand are maybe's, especially with volume...
oops on the sideways one on the right (I don't feel like re-editing.)

legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 354
Merit: 250


doesn't look like it's correct.

It doesn't show up on Bitcoinity neither... Still, look at derpinheimer screenshot, maybe a bug of the tool he was using to follow the market?

Dumping 2k coins on Campbx is too retarded to be true, they would be selling all of them for like $50k, LOL

before going to sleep last night I set up buys on CampBX going down to $65 in case there was a panic sell off. They did not fill, so I'm thinking this was a glitch in tracking software.
member
Activity: 98
Merit: 10
Alright, I'm sick of that silly graph with the prive layed on a scale of "time since began".

That f.king graph has been posted every 8 hours or so since the a couple of weeks after the last  burst. Gee, I get it, a few folks heard about this 'logarithmic scale' thingy and now they think they are Albert Einstein. Sorry to burst your bubble (pun intended) but most of the people in here went to school.

Why would you post plots that are factually wrong?


Just for you, because you asked so nicely, this is the plot in the form you're more used to. The only difference between this and the update of the one you're objecting to (which was last posted a couple of weeks ago) is that this has a log scale, whereas the one further below has log-transformed data. Both are legitimate for different things, but for analysis, you'd use log transformed data.

So, same data, same fitted regression line from the data (with a snug fit), and same prediction for underlying growth. Same conclusion - unless something changed in this bubble that didn't change in the last bubble, the price has a long way down to go yet. If it pains you so much to see it now, there's a fair chance you'll be going out of your mind in the coming weeks...should be fun.

log scale



log transformed data - specially for you  Grin



member
Activity: 98
Merit: 10
Large walls were appearing right about current market rate again and again on this today's dip. Now large walls are propping up the price again.

Hard to analyse technicals when such market manipulation is rampant.
legendary
Activity: 1148
Merit: 1018
Nice sucker rally ongoing, I wonder how many bulls are still in the mood to get burnt trap after trap.
sr. member
Activity: 353
Merit: 250
legendary
Activity: 1428
Merit: 1000
Some temporary bid walls at 89.95  trying to push up the price..
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 462
Merit: 101
A Top Web 3 Gaming Layer2 Provider
According to the chart, it looks like a possible stabilization (end of this wave), at least for the next few days.

Of course it will be safer after several hours.

What does the green line signify, and how did you calculate it?

This light green line is broken support from 3 May and 9 June.

 
N12
donator
Activity: 1610
Merit: 1010
Bids aren't as delicious anymore with the slippage. Probably better strategy to set asks now for the people who want to liquidate and get their dirty fiat millions. With the current Hunt Bros 2.0 hype (the next thing that may be used to justify a bull trap like China and the MtGox withdrawal halt), chances may be good for a fill.

We don't even know if the SEC will accept it, and how long it would take.
legendary
Activity: 1148
Merit: 1018
Anybody realized the chart the Winklevoss are looking to in the pic below? That seems April, big crash ongoing Cheesy

legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 168
Merit: 100
Even if the camp BX story is false i figured I may as well put in a buy 100 bitcoin bid at 10 cents at all the exchanges I have money in just to be safe, lol.

At least make it 2 bucks, No sense in being greedy, you'd be kicking yourself if they missed you by, say, 50 cents. Smiley

 Only have 10 bucks in camp bx though Sad
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Even if the camp BX story is false i figured I may as well put in a buy 100 bitcoin bid at 10 cents at all the exchanges I have money in just to be safe, lol.

I think we all just did that. lol
sr. member
Activity: 476
Merit: 250
Even if the camp BX story is false i figured I may as well put in a buy 100 bitcoin bid at 10 cents at all the exchanges I have money in just to be safe, lol.

At least make it 2 bucks, No sense in being greedy, you'd be kicking yourself if they missed you by, say, 50 cents. Smiley
full member
Activity: 168
Merit: 100
Even if the camp BX story is false i figured I may as well put in a buy 100 bitcoin bid at 10 cents at all the exchanges I have money in just to be safe, lol.
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