Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32802.

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: champbronc2 on July 01, 2013, 11:26:07 AM

Heavy buy pressure now. Mass dump on Gox caused price to drop, now is time to buy.

You arent serious, are you?

This is the lowest buying pressure I've ever seen in a quick price drop.

Bids are not piling up whatsoever, nobody is one upping others bids. Even very small sells are sustaining the daily low price constantly dropping.

Quote from: wonkytonky on July 01, 2013, 11:31:15 AM

dont care if it goes up or down.. been buying all the way down..

since this pressure on ask side was purely manipulation .. i susspect it to go up anytime soon.. at least .. short time

This is a low volume drop, kind of like the low volume rise from 93.XX back to 98.

Until a whale comes, this can continue.. and its not manipulation. Its stupidity exaggerating the effects of small sells/buys.

wonkytonky

sr. member

Activity: 411

Merit: 250

dont care if it goes up or down.. been buying all the way down..

since this pressure on ask side was purely manipulation .. i susspect it to go up anytime soon.. at least .. short time

fr33d0miz3r

hero member

Activity: 518

Merit: 500

Quote from: champbronc2 on July 01, 2013, 11:26:07 AM

Heavy buy pressure now. Mass dump on Gox caused price to drop, now is time to buy.

champbronc2

hero member

Activity: 490

Merit: 500

Heavy buy pressure now. Mass dump on Gox caused price to drop, now is time to buy.

kickinyou

member

Activity: 93

Merit: 10

92 will break today 90 is harder to tell .

Dalib

full member

Activity: 462

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A Top Web 3 Gaming Layer2 Provider

Quote from: Its About Sharing on July 01, 2013, 09:52:30 AM

Quote from: Dalib on July 01, 2013, 09:10:52 AM

Quote from: Its About Sharing on July 01, 2013, 08:55:56 AM

Quote from: True___Blue on July 01, 2013, 08:53:00 AM

Where are people thinking the bottom for today is? Right now on Gox we have some walls to get to 92, and a large wall to get to 90.

Without looking at the market depth (just the chart), $87 is the first stop, then $80.
$80 is a bounce I might play but generally I'm looking for a real bottom, but we are probably months from that...

maybe we can find some support at yesterday's low (93.70)
then it's outside the triangle $ 92 (as 3-day mimimum and bottom of the past 2 months)
then 90 - round number ...
and then the real band 79-88 $, there we would remain for several weeks, if not charge panic.

Oops, yes. I meant if we broke through 90...
I think $82ish is the magic number below 90...

I think so

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: Dalib on July 01, 2013, 09:10:52 AM

Quote from: Its About Sharing on July 01, 2013, 08:55:56 AM

Quote from: True___Blue on July 01, 2013, 08:53:00 AM

Where are people thinking the bottom for today is? Right now on Gox we have some walls to get to 92, and a large wall to get to 90.

Without looking at the market depth (just the chart), $87 is the first stop, then $80.
$80 is a bounce I might play but generally I'm looking for a real bottom, but we are probably months from that...

maybe we can find some support at yesterday's low (93.70)
then it's outside the triangle $ 92 (as 3-day mimimum and bottom of the past 2 months)
then 90 - round number ...
and then the real band 79-88 $, there we would remain for several weeks, if not charge panic.

Oops, yes. I meant if we broke through 90...
I think $82ish is the magic number below 90...

wonkytonky

sr. member

Activity: 411

Merit: 250

or some big guy can have those low slippage asks for lunch

Dalib

full member

Activity: 462

Merit: 101

A Top Web 3 Gaming Layer2 Provider

Quote from: Its About Sharing on July 01, 2013, 08:55:56 AM

Quote from: True___Blue on July 01, 2013, 08:53:00 AM

Where are people thinking the bottom for today is? Right now on Gox we have some walls to get to 92, and a large wall to get to 90.

Without looking at the market depth (just the chart), $87 is the first stop, then $80.
$80 is a bounce I might play but generally I'm looking for a real bottom, but we are probably months from that...

maybe we can find some support at yesterday's low (93.70)
then it's outside the triangle $ 92 (as 3-day mimimum and bottom of the past 2 months)
then 90 - round number ...
and then the real band 79-88 $, there we would remain for several weeks, if not charge panic.

Sitarow

legendary

Activity: 1792

Merit: 1047

Notice the 1 day MtGox Volume

ChartBuddy

legendary

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: True___Blue on July 01, 2013, 08:53:00 AM

Where are people thinking the bottom for today is? Right now on Gox we have some walls to get to 92, and a large wall to get to 90.

Without looking at the market depth (just the chart), $87 is the first stop, then $80.
$80 is a bounce I might play but generally I'm looking for a real bottom, but we are probably months from that...

Jozzaboy

member

Activity: 98

Merit: 10