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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33454. (Read 26496555 times)

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Back on topic. The daily chart looks to have a bullish triangle with higher lows. Breakout coming, anyone?




Based on where the upward green arrow is pointing, I would concur an upward breakout is definitely within the realm of possibility!
sr. member
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legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
copper member
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sr. member
Activity: 434
Merit: 250
Wow, one of the few instances of the last years where our politicians aren't sucking Obama's...

Anyhow, good news.  Grin
hero member
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CryptoTalk.Org - Get Paid for every Post!
legendary
Activity: 1106
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Back on topic. The daily chart looks to have a bullish triangle with higher lows. Breakout coming, anyone?




Absolutely. But one could say, we already left the triangle due to the side drift and there was no huge move. But bid/ask sum is still rising, what makes it somehow even more explosive. Your chart illustrates another thing pretty well. The price bounced on the trendline 16. april - 03. may on 15. may again. Pretty strong, I'd say.



Also this:



122-125 is a strong resistance, but the lows get higher and when/if it breaks... the sky is the limit™. Wink
legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
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Trusted Bitcoiner
legendary
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100 satoshis -> ISO code
Back on topic. The daily chart looks to have a bullish triangle with higher lows. Breakout coming, anyone?


legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 434
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No, kilogram is the SI unit.
https://en.wikipedia.org/wiki/Kilogram

(The only SI base unit with a prefix IIRC)

I stand corrected.    Appologies for making such a conclusive statement without checking my facts. I thought it was another silly American who didnt understand the prefixes. I actually should have known this even without looking it up.

Btw: Does anyone know did SI chose this?

https://www.youtube.com/watch?v=ZMByI4s-D-Y
Question answered here.
(I don't link the exact time, because the video is worth watching  Tongue )

Edit: Haha! Sucked in!  Grin
full member
Activity: 224
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No, kilogram is the SI unit.
https://en.wikipedia.org/wiki/Kilogram

(The only SI base unit with a prefix IIRC)

I stand corrected.    Appologies for making such a conclusive statement without checking my facts. I thought it was another silly American who didnt understand the prefixes. I actually should have known this even without looking it up.

Btw: Does anyone know did SI chose this?

Sorry to disappoint you. Silly Swede here, we know our standard units. Wink
sr. member
Activity: 350
Merit: 250
This account was recently hacked
bitcoinity is working fine here.
Not here though and I've tried two machines.  I'm in the UK.  I suppose it could be a problem with my ISP but everything else is working okay.  MtGox isn't loading the buy and sell boxes on the trade tab properly and it's fairly unresponsive, although it does sort it out after a while.

EDIT:  It all seems okay again now

Edit:  For some reason my ISP is blocking Bitcoinity, the rest of the internet works and Bitcoinity is working for everyone else.  Typical
legendary
Activity: 1148
Merit: 1018
Switching to mBTC would attract more buyers for sure. Let's do not forget that Bitcoin is generally perceived by the gran public as a currency more than a pure store of value, and thus paying +$100 for a single coin/token feels extremely expensive. That's true in the US and Europe, even more so in other parts of the world.

Anyhow, I think that the market will adjust itself regarding which units of BTC are used on exchanges and goods pricing.
legendary
Activity: 1792
Merit: 1047
there was just a single sell of 650BTC that obliterated the wall at 122  Shocked

Why would anybody sell such an amount now? It doesn't make sense to me.

This reminds me of the time when the price jumped between $4.8 and $6.4 for some time after we hit the $2 low.
member
Activity: 70
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bitcoinity is working fine here.
sr. member
Activity: 350
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This account was recently hacked
Bitcoinity is down, and MtGox is behaving a bit strangely too.  Maybe someone's ddossing them out of boredom
legendary
Activity: 2324
Merit: 1125
No, kilogram is the SI unit.
https://en.wikipedia.org/wiki/Kilogram

(The only SI base unit with a prefix IIRC)

I stand corrected.    Appologies for making such a conclusive statement without checking my facts. I thought it was another silly American who didnt understand the prefixes. I actually should have known this even without looking it up.

Btw: Does anyone know did SI chose this?
hero member
Activity: 672
Merit: 500
there was just a single sell of 650BTC that obliterated the wall at 122  Shocked

Why would anybody sell such an amount now? It doesn't make sense to me.
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