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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32868. (Read 26707506 times)

legendary
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legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
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full member
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N12
donator
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The spread between MtGox and Bitstamp is going crazy again. Even though they have about the same volume as of recent, their prices differ by over 8% right now.

▲ mtgoxUSD    93.7900    
▲ bitstampUSD    86.5400    
▲ btceUSD    84.5380    
legendary
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member
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My favourite part is when people extol "stability" while conveniently ignoring abysmal volume.
legendary
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hero member
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Web Developer
If this baby goes down though, I believe 90 is no save bet as we will at least go back to 70, maybe lower.
Not at all, we're bouncing around the high 80's. It is probably going to stay stable for a while and then go up just before going back down. It will stabilize at a higher value.

What makes you say this?
legendary
Activity: 1302
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If this baby goes down though, I believe 90 is no save bet as we will at least go back to 70, maybe lower.
Not at all, we're bouncing around the high 80's. It is probably going to stay stable for a while and then go up just before going back down. It will stabilize at a higher value.
legendary
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If this baby goes down though, I believe 90 is no save bet as we will at least go back to 70, maybe lower.
legendary
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legendary
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Time will tell but I think we are at least in for another resistance test.

Seems reasonable

So I should sell at $99.98 and wait to buy back at $90? That would be a nice 10% pick up.

Be my guest Wink
legendary
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Trusted Bitcoiner
Time will tell but I think we are at least in for another resistance test.

Seems reasonable

So I should sell at $99.98 and wait to buy back at $90? That would be a nice 10% pick up.

lol
legendary
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hero member
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Time will tell but I think we are at least in for another resistance test.

Seems reasonable

So I should sell at $99.98 and wait to buy back at $90? That would be a nice 10% pick up.
legendary
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Marketing manager - GO MP
Time will tell but I think we are at least in for another resistance test.

Seems reasonable
legendary
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legendary
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I think we will retest 100 now. EMAs 10 and 21 (Goomboos) look good in 1hr and 2hr chart (my favorite periods for them), PSAR of 4hr chart as well, Bollinger Bands of 4hr and 6hr charts get narrow while we are on the upper half and rising, we just laid down a tripple bottom on the 88 USD resistance, although with little volume, and the Fibonachi retracements of the last big moves from 65 and 104 and from 104 to only 86 look quite bullish.

On the other hand there is a plethora of resistances coming up ahead all the way to the menacing 100 USD resistance, we had little volume so far to fuel the rocket and resemblance to the 2011 bubble would suggest that we simply keep bouncing off that resistance till we break it at low levels, lower then these for sure. Add to that that no real capitulation stage could be felt yet in these forums, so we may just as well dip down after a small sucker rally on low volume  Lips sealed

Time will tell but I think we are at least in for another resistance test.
legendary
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