Building a launchpad at $77. Next stop $90 
Should be heading towards the $90 mark soon.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32988. (Read 26611082 times)
July 10, 2013, 04:16:37 AM
Should be heading towards the $90 mark soon.
July 10, 2013, 04:14:32 AM
These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:
We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement.
Will be interesting to see what happens.
Isn't the reality exactly the opposite of what you say? The price really wants to move up, but there is a huge wall preventing it?
Blinkered much?
July 10, 2013, 04:11:42 AM
We are at 77.7777; came from 66.6666; going to 55.5555 or 88.8888?
Nobody believes uptrend is organic, no more panic buying, so we should go down.
Nobody believes uptrend is organic, no more panic buying, so we should go down.
July 10, 2013, 03:39:35 AM
These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:
We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement.
Will be interesting to see what happens.
It looks to me like the day traders are moving the price about in the short term, but the swing traders are sitting on the side lines waiting for a stronger signal.
We have the price bobbing about within a short range, complete with some big 'show' orders, but nothing has really moved much for 48 hours or so.
What will the stronger signal be? Well, I'm standing by my previous position still - sold at 75 (Bitstamp) and plan to buy back in the 60s (say, 66). I still can't see the enthusiasm for a strong upward move at this time, although some bigger movements will come sooner or later.
I pretty much agree with your sentiment regarding the recent price move, in particular the swing traders waiting.
I am pretty sure we have been "manipulated" up a bit in the last few days, even with the oversold indicators on high. Those few large buy orders really changed the feeling.
I'm thinking a return to the 60's and then a bounce up and then a move to the 50's. Once we are there is anyones guess.
July 10, 2013, 03:31:21 AM
These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:
We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement.
Will be interesting to see what happens.
It looks to me like the day traders are moving the price about in the short term, but the swing traders are sitting on the side lines waiting for a stronger signal.
We have the price bobbing about within a short range, complete with some big 'show' orders, but nothing has really moved much for 48 hours or so.
What will the stronger signal be? Well, I'm standing by my previous position still - sold at 75 (Bitstamp) and plan to buy back in the 60s (say, 66). I still can't see the enthusiasm for a strong upward move at this time, although some bigger movements will come sooner or later.
July 10, 2013, 03:27:11 AM
Looks to me that the ball was just the right size to get stuck in the 'ball trap' at the bottom. That's some serious shit - no way it could have bounced out of there. We could be here for a very long time unless someone gives it a very big kick.
So we have situation that no more people wants to sell because they are afraid of sudden price rise. At the other hand there are a lot of people who would buy if they could (argentina for example where price is already 30-40% more than gox). Then where the price could possibly go .... 
(other than up - if someone didnt understand my sarcasm)Wow, I had to check that and you are not lying! http://forexmagnates.com/bitcoins-soar-in-value-in-argentina-due-to-capital-control-laws-bitcoin-meetup-held-in-nations-capital/
Get the feeling things are moving in other parts of the world...
July 10, 2013, 03:16:21 AM
Looks to me that the ball was just the right size to get stuck in the 'ball trap' at the bottom. That's some serious shit - no way it could have bounced out of there. We could be here for a very long time unless someone gives it a very big kick.
So we have situation that no more people wants to sell because they are afraid of sudden price rise. At the other hand there are a lot of people who would buy if they could (argentina for example where price is already 30-40% more than gox). Then where the price could possibly go .... (other than up - if someone didnt understand my sarcasm) 
July 10, 2013, 03:15:44 AM
Building a launchpad diving board at $77. Next stop $90 $50
FTFY
July 10, 2013, 03:15:18 AM
its just a new trick of the big guys.. .. confusion ..
and then when nobody expects it.. TADAAAAA
or not
and then when nobody expects it.. TADAAAAA
or not
July 10, 2013, 02:28:44 AM
Building a launchpad at $77. Next stop $90
July 10, 2013, 02:01:20 AM
July 10, 2013, 01:55:07 AM
These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:
We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement.
Will be interesting to see what happens.
July 10, 2013, 01:00:53 AM
July 10, 2013, 12:38:23 AM
Yes and Yes and Buy and Buy
You must be a troll. All you ever say is, "Price is going up slowly" in different words.
Price is actually heading down now. Low 70s in a few hours me thinks.
July 10, 2013, 12:29:58 AM
July 10, 2013, 12:01:20 AM
Moving Moving Up nice and steady ..
July 10, 2013, 12:01:10 AM
July 09, 2013, 11:00:56 PM
July 09, 2013, 10:00:59 PM
July 09, 2013, 09:01:02 PM
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