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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33706. (Read 26462277 times)

legendary
Activity: 840
Merit: 1000
Lag completely gone at the moment.  Cheesy
sr. member
Activity: 280
Merit: 250
Someone decided to a dump a lot of coins. Pretty dumb move. Could've put a wall at $129 and had it bought up in a few minutes

hero member
Activity: 686
Merit: 501
Stephen Reed
Resistance. But is there follow-on?
legendary
Activity: 840
Merit: 1000
wtf just happened?!

From 129 to 125 in 10 seconds
Some panicing fool wants to be the first one to sell and hopefully incite mass panic. I hope they fail miserably and lose coins..
legendary
Activity: 2772
Merit: 1028
Duelbits.com
4500 sold, 1.5 min lag
SAQ
newbie
Activity: 56
Merit: 0
wtf just happened?!

From 129 to 125 in 10 seconds
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
wonkytonky is right. This is a very bullish formation.
It is targeting a run up to $170...


legendary
Activity: 2772
Merit: 1028
Duelbits.com
legendary
Activity: 2772
Merit: 1028
Duelbits.com
7k left to 130, might be tough bastard though
sr. member
Activity: 280
Merit: 250
sr. member
Activity: 280
Merit: 250
That $130 wall isn't looking so scary anymore  Smiley

Also, bids are back to an ATH at ~22M

hero member
Activity: 798
Merit: 1000
Quote
Me thinks this prolonged stagnation is a bit odd.  Is price discovery working?  120ish the new market?

It's not really stagnation. It's just the weekend lull.

It's Tuesday morning where I am, hardly the weekend. Also weekend lull is myth.

1) The bids are really filling in. That's not indicative of stagnation, it's indicative of caution. But once someone pulls the trigger and makes a big buy then we're off to the races.

2) Fiat has a hard time getting into the exchanges on the weekends. Bitcoins do not. This weekend saw the same lull that every other weekend sees.

I'd say the bids filling in is a sign of renewed confidence and fear of missing the next train out of the station
Consolidation with a small uptick after the weekend attack is pretty positive indicator for sentiment as I see it

CAVEAT : My ability to predict markets is remarkably poor  Tongue
sr. member
Activity: 280
Merit: 250
I wouldn't call a $5 increase in one day stagnation.

The price had to keep recovering from multiple sell offs over the weekend; it's a pretty good sign that $120 was maintained in my opinion.
hero member
Activity: 798
Merit: 1000
Both look like consolidation to me ... depends on what colour glasses you are wearing I guess  Wink

IMO the minimal impact of yesterdays attack has also taken some fear out of the market ...
legendary
Activity: 2097
Merit: 1070
Quote
Me thinks this prolonged stagnation is a bit odd.  Is price discovery working?  120ish the new market?

It's not really stagnation. It's just the weekend lull.

It's Tuesday morning where I am, hardly the weekend. Also weekend lull is myth.
sr. member
Activity: 322
Merit: 250


wondering.. is it the same?

The first box shows an uptrend, the second one shows stagnation.



Me thinks this prolonged stagnation is a bit odd.  Is price discovery working?  120ish the new market?
legendary
Activity: 2097
Merit: 1070


wondering.. is it the same?

The first box shows an uptrend, the second one shows stagnation.
full member
Activity: 224
Merit: 100
This is starting to look very promising! I don't do TA, but my gut says there is a rally coming at the end of this week.
sr. member
Activity: 411
Merit: 250


wondering.. is it the same?
sr. member
Activity: 280
Merit: 250
Lol you guys are so spoiled from all the action jan through early april

Haha I know Sad

Luckily the number of merchants accepting is still increasing at a faster rate, which is even more exciting than the price swings  Smiley
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