Doesn't a downward consolidation after a rally indicate a continuing rally?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33709. (Read 26462315 times)
April 22, 2013, 01:02:32 PM
April 22, 2013, 12:56:28 PM
Looks to me that tops are trending lower and support holding at 110. Could this develop into a channel or will the depth squeeze be resolved with a break upwards or downwards?
Just before the pattern I outlined, approximately 120K BTC were purchased between $100 and $136, if prices drop those traders - if still holding, will be at a loss and be highly motivated to capitulate. If only 60K BTC sold at once, bids would be consumed down to $83, from where I would expect a nearly full recovery back to say $110 - 120.
April 22, 2013, 12:42:19 PM
Big buy, trending upwards.
April 22, 2013, 12:40:42 PM
Looks to me that tops are trending lower and support holding at 110. Could this develop into a channel or will the depth squeeze be resolved with a break upwards or downwards?
April 22, 2013, 12:27:12 PM
It seems like this thread is going down the drain too
WTF is wrong with a bit of banter when there's fuck all going on ... or when we're about to get nuked
Far as I can see it gets sensible again pretty quick when there is some action - that's the most important thing IMO
YMMV
April 22, 2013, 12:24:23 PM
Looks to me that tops are trending lower and support holding at 110. Could this develop into a channel or will the depth squeeze be resolved with a break upwards or downwards?
April 22, 2013, 12:19:58 PM
April 22, 2013, 12:09:54 PM
Maybe a little spike as the idiots that bought into this story (ie sold coins) buy em back
Or how about nothing happens and it continues to be an extremely boring day ...
Or how about nothing happens and it continues to be an extremely boring day ...
The volume has been low, ergo there are no idiots who sold their coins.
Check this thread and you will see some people did ...
https://bitcointalksearch.org/topic/less-than-3-hrs-to-the-attack-will-it-affect-your-trading-183106
LOL !
At least they're man enough to 'fess up !
I would be stunned if it did not bounce back to about $128 in 2 hours, when people execute their held back buys...
I got my stun gun ready ...
If I am still awake ...
April 22, 2013, 12:04:01 PM
Nice bidwall up at $122.
Pulled pretty quick though.
Pulled pretty quick though.
April 22, 2013, 12:01:37 PM
Maybe a little spike as the idiots that bought into this story (ie sold coins) buy em back
Or how about nothing happens and it continues to be an extremely boring day ...
Or how about nothing happens and it continues to be an extremely boring day ...
The volume has been low, ergo there are no idiots who sold their coins.
We are talking about buys being delayed by 6-24 hours, nothing more, but even this, when deployed, will raise us to $128 minimum, perhaps $135 or even a post-crash high, at the instant it starts.
Tuesday used to be a rally day...
I think bitcoins might move faster than a tenfold increase in 13 years, though.
April 22, 2013, 11:51:05 AM
bids creeping up to 20.8 million up 200k from this AM...
April 22, 2013, 11:47:16 AM
Maybe a little spike as the idiots that bought into this story (ie sold coins) buy em back
Or how about nothing happens and it continues to be an extremely boring day ...
Or how about nothing happens and it continues to be an extremely boring day ...
The volume has been low, ergo there are no idiots who sold their coins.
We are talking about buys being delayed by 6-24 hours, nothing more, but even this, when deployed, will raise us to $128 minimum, perhaps $135 or even a post-crash high, at the instant it starts.
Tuesday used to be a rally day...
April 22, 2013, 11:39:46 AM
Maybe a little spike as the idiots that bought into this story (ie sold coins) buy em back
Or how about nothing happens and it continues to be an extremely boring day ...
EDIT : OMG IT IS HAPPENING ... I couldn't connect to bitcoincharts for like 1 second ... PANIC !!
Or how about nothing happens and it continues to be an extremely boring day ...
EDIT : OMG IT IS HAPPENING ... I couldn't connect to bitcoincharts for like 1 second ... PANIC !!
April 22, 2013, 11:34:18 AM
Lol the "attacker" is rotflhao now.. How do you actually think, such an attack would be publicized like this?? Smoke and mirrors, somebody is in the last stage of his accumulation and tries to squeeze the last BTC5k without rocking the price.
I would be stunned if it did not bounce back to about $128 in 2 hours, when people execute their held back buys...
At this point, if one buys BTC2k, the hell is loose as everyone jumps in after the long period of quiet.
It is gonna break, and it's not gonna break down.
I would be stunned if it did not bounce back to about $128 in 2 hours, when people execute their held back buys...
At this point, if one buys BTC2k, the hell is loose as everyone jumps in after the long period of quiet.
It is gonna break, and it's not gonna break down.
April 22, 2013, 11:33:54 AM
quiet before the storm...
everyone scared of operation shock and awe?
everyone scared of operation shock and awe?
Yeah ... terrified ... yawn ...
April 22, 2013, 11:32:58 AM
I couldn't care less <- note this is what I mean, not the more common but very wrong I COULD care less.
April 22, 2013, 11:27:01 AM
quiet before the storm...
everyone scared of operation shock and awe?
everyone scared of operation shock and awe?
April 22, 2013, 10:00:30 AM
Thats it! maybe there is not a real atack but i think some people are gonna sell anyway so it gonna go down some %. Now there is not to much sells...
April 22, 2013, 09:59:55 AM
one rich guy wanting 30kBTC or one early adopter loosing nerves could fuck up all the chart reading, market research and whatnot... much more likely than Bitcoin boring itself to death
April 22, 2013, 09:59:02 AM
The market is so quiet ... Nothing happened for like 3 or 4 days.
Jump to: