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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32978. (Read 26498346 times)

legendary
Activity: 1442
Merit: 1000
Antifragile
I almost think Bitstamp gives a clearer picture, much less manipulated than Gox...

Just call it a "feeling" but I say we hit 80 ish on Bitstamp in the next few days (edited) (hard bounce). And it may be a very hard bounce, not a reversal, just a fake. I say that as there is so much downward pressure building that when it bottoms it is going to come up hard. I don't think I'll trade this, things might get violent, Kung Fu Violent!

hero member
Activity: 798
Merit: 1000
The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not  Wink

Okay, then I'll go long when this pattern is completed. What price should I place my buy order?

I am looking at low 80's as the next target for a decent bounce personally
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
Yes the Libertarian ideal is a lie. That's the joke. Libertarians are Republicans in disguise.

If Libertarians were consistent, they'd be Anarchists Smiley

to clarify:

Libertarians: let's have just a little bit of cancer
Republicans, Democrats, Fascists, Communists: We love cancer. Let's have more of it!
Anarchists: WTF do not want
sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not  Wink

Okay, then I'll go long when this pattern is completed. What price should I place my buy order?
legendary
Activity: 1442
Merit: 1000
Antifragile
Huh  what is the pattern?

Please elaborate.

The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not  Wink

It looks bearish as the upper wick of the candle is long, the lower short, and the body small, meaning the price pushed higher, but failed to hold the gains and closed only marginally above where we opened (if we stay like this). Not a good indicator of strength.
Today is also an 'inside' day, meaning the price range is contained within the bounds of yesterday's, making today look even less like a possible trend reversal and more like a pause.

These are the two circled areas on the chart

How'd I do IAS and Blitz ?  Wink

sr. member
Activity: 266
Merit: 250
Huh  what is the pattern?

Please elaborate.

Sell sell sell (and what phoenix said).
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1267
Merit: 1000
 Huh  what is the pattern?

Please elaborate.
sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
hero member
Activity: 798
Merit: 1000
legendary
Activity: 1442
Merit: 1000
Antifragile
Notice a pattern?




I almost posted that with my charts from before (Yes  Wink )
We are on the same page. Wonder what happens the next two days...

Nice "brother",
IAS
legendary
Activity: 1442
Merit: 1000
Antifragile
According to your graph, starting in December 2013, people start paying you in USD to take their bitcoins?

I like that. Looks like a peak of -33USD/BTC in June 2014.

Ill take anyone's bitcoins at 0USD/EA, right now and thru Dec. 1 2013. Take advantage of this HOT deal while it lasts.

Send them here: 14YDg2knHWoYaDZpUFvuQfFP7kUpPpYL83

You're welcome.


I was looking at that chart and roughly came up with $30 USD as a bottom. (Perhaps lower if you use $2 as a bottom but using that to find a raitio is unrealistic considering the infrastructure being laid as well as growing awareness, bad economy, currency problems, etc.). I won't wait on $30 but will be a close watcher of the bottom as we go down.
N12
donator
Activity: 1610
Merit: 1010
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 182
Merit: 100
Hodl regularly and often!
stop reading the thread for a few weeks (june 7th till now...) and there's 300 pages of posts... bloody hell guys.

to catch up: what's the word on WHY the price is dipping below 100 lately? anything major happen?

^This is EXACTLY what I would like to know!
hero member
Activity: 798
Merit: 1000
stop reading the thread for a few weeks (june 7th till now...) and there's 300 pages of posts... bloody hell guys.

to catch up: what's the word on WHY the price is dipping below 100 lately? anything major happen?

[sarc]
The down trend is because Jaroslaw has sold 180k coins in the last month.
[/sarc]

lol !
legendary
Activity: 1778
Merit: 1008
stop reading the thread for a few weeks (june 7th till now...) and there's 300 pages of posts... bloody hell guys.

to catch up: what's the word on WHY the price is dipping below 100 lately? anything major happen?
The bubble has popped in April and now it's deflating.

that's what i figured...
N12
donator
Activity: 1610
Merit: 1010
stop reading the thread for a few weeks (june 7th till now...) and there's 300 pages of posts... bloody hell guys.

to catch up: what's the word on WHY the price is dipping below 100 lately? anything major happen?
The bubble has popped in April and now it's deflating.
hero member
Activity: 669
Merit: 500
stop reading the thread for a few weeks (june 7th till now...) and there's 300 pages of posts... bloody hell guys.

to catch up: what's the word on WHY the price is dipping below 100 lately? anything major happen?

[sarc]
The down trend is because Jaroslaw has sold 180k coins in the last month.
[/sarc]
legendary
Activity: 1778
Merit: 1008
stop reading the thread for a few weeks (june 7th till now...) and there's 300 pages of posts... bloody hell guys.

to catch up: what's the word on WHY the price is dipping below 100 lately? anything major happen?
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