Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33767.

Jaques

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Activity: 112

Merit: 10

Quote from: SlipperySlope on May 03, 2013, 04:14:02 PM

Quote from: KillaMarci on May 03, 2013, 04:03:09 PM

Let's throw random numbers and see who's gonna be right on monday then?

I'm calling $65, Monday. 8PM UTC.

OK, not actionable advice - just one of many likely instantiated scenarios. Suppose it unfolds sort of like back in August 2011 ...

Stopped by the ask wall at $70 early Monday morning in the USA. Two hour goxlag-blinded drop below $85 to reach the wall and bounce back. Mt. Gox wall-busting volume over 25000 each of those two hours. Clark Moody ding-ding-O-Meter chatters like a jackhammer with red orders flying past and huge spreads between bid and asked.

big lol

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Arepo's back with his fancy talk - nowhere to be seen last 2 days after being utterly bullish with his predictions whole week before crash.

How the fuck these guys don't get bored and how they are brave enough to predict anything after being wrong time after time.

SlipperySlope

hero member

Activity: 686

Merit: 501

Stephen Reed

Quote from: KillaMarci on May 03, 2013, 04:03:09 PM

Let's throw random numbers and see who's gonna be right on monday then?

I'm calling $65, Monday. 8PM UTC.

OK, not actionable advice - just one of many likely instantiated scenarios. Suppose it unfolds sort of like back in August 2011 ...

Stopped by the ask wall at $70 early Monday morning in the USA. Two hour goxlag-blinded drop below $85 to reach the wall and bounce back. Mt. Gox wall-busting volume over 25000 each of those two hours. Clark Moody ding-ding-O-Meter chatters like a jackhammer with red orders flying past and huge spreads between bid and asked.

phoenix1

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$3500 and a free iPad

TV ... help ...

seleme

legendary

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Duelbits.com

Quote from: adamstgBit on May 03, 2013, 03:30:37 PM

Quote from: seleme on May 03, 2013, 03:27:56 PM

Someone's defending 90 very hard Grin

Who knows, maybe they'll make it, same price was defended on similar way few weeks ago, though in an upward trend.

not sure you can call a vertical drop all the way down to 50 an upward trend...

I'm talking about huge 1 million wall that appeared in upward movement after the crash. It was still fearish market but that one launched it to 100+. Though I'm not really sure if it was at 70$ or 90$.

clone4501

newbie

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$94

mccorvic

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Merit: 500

Quote from: KillaMarci on May 03, 2013, 04:03:09 PM

Let's throw random numbers and see who's gonna be right on monday then?

I'm calling $65, Monday. 8PM UTC.

Potato by Smarch 33rd.

But seriously, I'm going to randomly guess 94.30 by Monday 8pm

Jaroslaw

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Activity: 84

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supernode

69$

SAQ

newbie

Activity: 56

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125

adamstgBit

legendary

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Trusted Bitcoiner

105

KillaMarci

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Activity: 84

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Bitcoin Mininode...and proud!

Let's throw random numbers and see who's gonna be right on monday then?

I'm calling $65, Monday. 8PM UTC.

SlipperySlope

hero member

Activity: 686

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Stephen Reed

Quote

we've reached a short-term bottom. rebound is likely,

Your analysis makes me feel comfortable with a prudent-sized profit-taking limit order for the weekend positioned in front of the ask wall at $105, using some of the lots bought at $87 and $80.

Based solely upon a comparison with the corresponding August 1, 2011 capitulation, I believe that this bottom of this capitulation could still be two or three days away, i.e. Monday, and could also feature a 15% culminating selling blow-off as did the comparison. And most importantly, I believe that this bottom is not the post-bubble bottom.

For reference, I have dubbed this one the Great Capitulation of 2013 - none bigger.

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Being played like cheap violins. Glad I'm not trading right now. I'm not immune.

arepo

sr. member

Activity: 448

Merit: 250

this statement is false

Quote from: Geist on May 03, 2013, 03:56:19 PM

I'm more interested in who's selling. $90s is cheap considering it was over $150 last week. I actually might buy back in if that wall stays like that(bought in 80s, sold at $95).

market sentiment lags price perfectly Wink

Geist

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Activity: 70

Merit: 10

Quote from: KillaMarci on May 03, 2013, 03:39:07 PM

Who the hell is buying at those prices...

Sometimes I don't understand this market at all. I swear.

I'm more interested in who's selling. $90s is cheap considering it was over $150 last week. I actually might buy back in if that wall stays like that(bought in 80s, sold at $95).

Jaroslaw

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Activity: 84

Merit: 10

supernode

Quote from: EuroTrash on May 03, 2013, 03:50:42 PM

So now almost everyone is a bear? Investor cycle says we are going up then. Tongue

ok wake me up when we going up bro.

SlipperySlope

hero member

Activity: 686

Merit: 501

Stephen Reed

Quote from: EuroTrash on May 03, 2013, 03:50:42 PM

So now almost everyone is a bear? Investor cycle says we are going up then. Tongue

I accuse you, yes you, of selection bias.

arepo

sr. member

Activity: 448

Merit: 250

this statement is false

Quote from: Jaroslaw on May 03, 2013, 03:44:20 PM

Quote from: KillaMarci on May 03, 2013, 03:39:07 PM

Who the hell is buying at those prices...

Sometimes I don't understand this market at all. I swear.

Someone who will regret it in couple of hours Cheesy

try 6 hours.

-===-

*10-day 2-hour scale*

-===-

we've reached a short-term bottom. rebound is likely, CCI will reach to its recent high (at about -50), and then likely bounce. this corresponds with a price of about $100. if we break through this resistance, we could see as high as $125, although mitigating factors like low liquidity on weekends may affect these values.

--arepo

edit:

Quote from: EuroTrash on May 03, 2013, 03:50:42 PM

So now almost everyone is a bear? Investor cycle says we are going up then. Tongue

exactly, the utter despair on the forums today along with the oversold signals on many oscillators, and a high-volume doji at the $80 bottom all point to a significant rebound.

EuroTrash

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