Retest of the $110 soon?
I think so
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33669. (Read 26496772 times)
May 07, 2013, 03:18:19 PM
May 07, 2013, 03:14:07 PM
Some BTCChina accounts were apparently hacked, it's down now, and bitcoinity.org shows no trades for 12 hours.
http://bitcoinity.org/markets/btcchina/CNY
https://bitcointalksearch.org/topic/a-couple-of-accounts-on-btcchina-just-be-hacked-dozens-coins-stolen-197941
http://www.reddit.com/r/Bitcoin/comments/1dvqaw
Anyone know what's happening?
http://bitcoinity.org/markets/btcchina/CNY
https://bitcointalksearch.org/topic/a-couple-of-accounts-on-btcchina-just-be-hacked-dozens-coins-stolen-197941
http://www.reddit.com/r/Bitcoin/comments/1dvqaw
Anyone know what's happening?
Bitcoincharts.com shows trades happening constantly on BTC China, the last one zero minutes ago.
May 07, 2013, 03:12:58 PM
Some BTCChina accounts were apparently hacked, it's down now, and bitcoinity.org shows no trades for 12 hours.
http://bitcoinity.org/markets/btcchina/CNY
https://bitcointalksearch.org/topic/a-couple-of-accounts-on-btcchina-just-be-hacked-dozens-coins-stolen-197941
http://www.reddit.com/r/Bitcoin/comments/1dvqaw
Anyone know what's happening?
http://bitcoinity.org/markets/btcchina/CNY
https://bitcointalksearch.org/topic/a-couple-of-accounts-on-btcchina-just-be-hacked-dozens-coins-stolen-197941
http://www.reddit.com/r/Bitcoin/comments/1dvqaw
Anyone know what's happening?
May 07, 2013, 03:12:26 PM
Retest of the $110 soon?
May 07, 2013, 03:10:49 PM
Looks like a bearish pennant.
Shouldn't the bottom line be straight to call it a bearish pennant?
He might call it bearish because the bear trendline (going down the tops) is steeper than the bull line (going up the bottoms).
I wanted to post the same chart but many others here beat me to it.Something big is going to happen around May 13th. I lean slightly to the bullish side thank to recent positive news but where it goes is anyone's guess. For anyone who has some surety as to where we will go next: It's either time to buy coins or buy fiat. Movement is coming
In case winter is coming...
We might have a long glaciation period in which our bear hibernate on the deepest of the cave at 50 or even 30 degrees Fahrenheit hearing the howls of the fincen wolf's regulating everything to hell and limiting the access of bitcoin exchanges from the rest of the financial world
Or maybe this is just yogui bear land and hundred thousand Chinese start to pour money on the bitcoin
May 07, 2013, 03:06:26 PM
Movement is coming
Yup
Roll up, roll up, ladies and gentlemen, place your bets !
May 07, 2013, 03:00:37 PM
Looks like a bearish pennant.
Shouldn't the bottom line be straight to call it a bearish pennant?
He might call it bearish because the bear trendline (going down the tops) is steeper than the bull line (going up the bottoms).
I wanted to post the same chart but many others here beat me to it.Something big is going to happen around May 13th. I lean slightly to the bullish side thank to recent positive news but where it goes is anyone's guess. For anyone who has some surety as to where we will go next: It's either time to buy coins or buy fiat. Movement is coming
May 07, 2013, 02:50:19 PM
Looks like a bearish pennant.
Shouldn't the bottom line be straight to call it a bearish pennant?
May 07, 2013, 02:48:34 PM
yes corrected it inmediately. it was said by Zuckerberg's confidant not himself.
You know, i was so tired to find a point of entry that i was going all in at that very news 
I think he is joking - irony, sarcasm, etc.
Anyhow, I've been quite bearish like Cedivad lately - but we have to acknowledge that so many bears in these forums is a bullish signal. Everybody is waiting to buy - which usually means they that already sold what they had to sell... Which is obviously uber-bullish.
Next days are very important. If tomorrow we have a rally and we really leave $110 behind with reasonable volume to support the move, I'd say that the capitulation is over and we are at the gates of consolidation phase. Yeah, we may visit again double digits with some big dump/flash crash, but something lower than $70ish would feel unrealistic at this point. I'd therefore take up all my bids - a lot. I'd still not go all in to try to profit from from any crash we may face... I remember with joy the fork, so glad I was ready for it.
The guy from the bitcoin channel was even talking about a year winter hibernation on a bear cave at 50 or maybe even 30
May 07, 2013, 02:47:12 PM
Hey Richy, I finally found a place to put that sticker. Now anyone who sees me open my moleskin will know where my loyalties lie.
Sweet. I don't have one up. I tend to be sticker shy with my vehicles but I think I'll get one on the back window soon.
May 07, 2013, 02:45:20 PM
That is a really scary triangle. We could go to seventh heaven or seventh he'll.
$91 or break through $123 and fight at $140
May 07, 2013, 02:45:12 PM
Hey Richy, I finally found a place to put that sticker. Now anyone who sees me open my moleskin will know where my loyalties lie.
May 07, 2013, 02:43:16 PM
EDIT: So i was thinking the other day, in a channel like the one above, if the volume is much higher at the lows then at the peaks, that would mean there is more resistance against breaking the lower support line right?
May 07, 2013, 02:39:34 PM
yes corrected it inmediately. it was said by Zuckerberg's confidant not himself.
You know, i was so tired to find a point of entry that i was going all in at that very news I think he is joking - irony, sarcasm, etc.
Anyhow, I've been quite bearish like Cedivad lately - but we have to acknowledge that so many bears in these forums is a bullish signal. Everybody is waiting to buy - which usually means they that already sold what they had to sell... Which is obviously uber-bullish.
Next days are very important. If tomorrow we have a rally and we really leave $110 behind with reasonable volume to support the move, I'd say that the capitulation is over and we are at the gates of consolidation phase. Yeah, we may visit again double digits with some big dump/flash crash, but something lower than $70ish would feel unrealistic at this point. I'd therefore take up all my bids - a lot. I'd still not go all in to try to profit from from any crash we may face... I remember with joy the fork, so glad I was ready for it.
May 07, 2013, 02:37:28 PM
Yup. I'm watching these triangles form and agree that they forecast some further consolidation followed by the start/continuation of the next trend
Exciting times coming
Exciting times coming
May 07, 2013, 02:35:36 PM
EDIT: So i was thinking the other day, in a channel like the one above, if the volume is much higher at the lows then at the peaks, that would mean there is more resistance against breaking the lower support line right?
Looks like a bearish pennant.
May 07, 2013, 02:35:23 PM
Let's get back on topic maybe?
Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide.
Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened.
No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks.
Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide.
Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened.
No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks.
Oh that one is absolutely beautiful. Wish I had known about this earlier...
That is a really scary triangle. We could go to seventh heaven or seventh he'll.
The 11th. day of May shall be known as Bitcoin Doomsday from now on.
Or maybe the, Mysterious Triangle of the Bitcoin
May 07, 2013, 02:33:44 PM
Let's get back on topic maybe?
Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide.
Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened.
No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks.
Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide.
Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened.
No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks.
Oh that one is absolutely beautiful. Wish I had known about this earlier...
That is a really scary triangle. We could go to seventh heaven or seventh he'll.
The 11th. day of May shall be known as Bitcoin Doomsday from now on.
May 07, 2013, 02:30:56 PM
Let's get back on topic maybe?
Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide.
Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened.
No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks.
Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide.
Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened.
No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks.
Oh that one is absolutely beautiful. Wish I had known about this earlier...
That is a really scary triangle. We could go to seventh heaven or seventh he'll.
May 07, 2013, 02:29:03 PM
yes corrected it inmediately. it was said by Zuckerberg's confidant not himself.
You know, i was so tired to find a point of entry that i was going all in at that very news Jump to: