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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33963. (Read 26715502 times)

hero member
Activity: 728
Merit: 501
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First time in awhile don't see much blocking at 94, 96, 98. Even 100/102 is down 40% from where it was. Could just be inviting a mini rally.
sr. member
Activity: 371
Merit: 250
i seriously think that bernanke and friends have turned the button on of "crazy rollercoaster" configuration for bitcoin bots and their final plan is drive us all nuts. And not sleeping helps
legendary
Activity: 2324
Merit: 1125
full member
Activity: 204
Merit: 100
I guess we'll be playing chicken with the small walls at 100 and above, maybe hit 110-120 but I don't see enough momentum to go further. 90 should also hold for the weekend, panic sellers have sold already. A very boring weekend indeed.

After that, I don't know. We're not out of the bear market yet like many (myself included) hoped during the runup to $140-$160. Was it the mega-bulltrap of the 2013 bubble ? Only time will tell.
full member
Activity: 168
Merit: 100
I predict another weekend, like that one a couple of weeks ago, hovering $95-$100. It will go up to $100 briefly everybody will think its rallying then it will go down to $95 and everybody will fall asleep.
hero member
Activity: 798
Merit: 1000
Damn it, I wanted to go to sleep. Now I'm glued to how high it will go

It's done that now ... 'fakeout' and we are back where we were about 8 hours ago ...
Get some rest  Wink
sr. member
Activity: 371
Merit: 250
not that i know

but the yellow EMA will cross downwards the blue one on D1 on Mt.Gox tomorrow (clarkmoody). It is already on the cross of death right now.

h4 yellow down the blue ema by a long range

is looking bearish indeed
sr. member
Activity: 434
Merit: 250
Who complained about the volume? Seems higher than the last few days! (Before we started dropping like a stone.)
legendary
Activity: 2772
Merit: 1028
Duelbits.com
looks like one who bought at 82-83 decided that 20k is good enough wage for today  Grin
SAQ
newbie
Activity: 56
Merit: 0
Damn it, I wanted to go to sleep. Now I'm glued to how high it will go
sr. member
Activity: 371
Merit: 250
yes i think i will sleep better today.
legendary
Activity: 1025
Merit: 1000
full member
Activity: 123
Merit: 100
do you recommend to be in or out?

Going in is probably dangerous right now. I think the rally will lose steam somewhere between $100-120, then fall back down dramatically once the panic buyers start panic selling. That's how it happened in 2011, at least.

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
do you recommend to be in or out?

i recommend you get out at 103 and back in at 90  

actually i recommend holding and going out this weekend, cuz ya trading will be really really boring.
sr. member
Activity: 434
Merit: 250
sr. member
Activity: 371
Merit: 250
do you recommend to be in or out?
hero member
Activity: 798
Merit: 1000
i predict no price movement with reasonable volume 50-100K / day, all weekend long, go out and enjoy the sun!

Yeah! Holiday time !
You have no idea how bored I am of watching this yet I can't seem to stop ...
Gamblers Anonymous anyone ??
sr. member
Activity: 448
Merit: 250
this statement is false
i predict no price movement with reasonable volume 50-100K / day, all weekend long, go out and enjoy the sun!

yeah weekends are usually pretty boring
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
i predict no price movement with reasonable volume 50-100K / day, all weekend long, go out and enjoy the sun!
hero member
Activity: 686
Merit: 501
Stephen Reed
That's your wall?

It will be eaten without being chewed at all I say

My open limit orders are not walls - they are way smaller than that. I simply place them in front of walls so that they get filled by the matching engine before the wall below my order in the case of a bid, or the wall above my order in the case of a bid.
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