I was also looking at the chart on Bitcoinwisdom. The chart on https://www.huobi.com/ shows the same thing. Here is the section that puzzles me: As mentioned the graph on Huobi shows the same thing, so unless they also have a bug I find it a bit fishy. Bitcoinwisdom has stated that the bug is on Huobi but that is the only data source they have so they must show the bug prices or nothing. though I still see nothing fishy on bitcoin wisdom at the moment.
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Please help me interpret what is going on at Huobi right now. There is a fair bit of volume, but the price is fixed at 3540. It looks very odd, like two dealers/bots cancelling each other out. It did the same thing last night between 2 and 3. It is as if someone has decided that 3540 is the perfect price to buy coins at. Or am I misinterpreting what is going on?
I had trouble understanding a bug like that a few days ago at 3479. Huobi has had minor bugs since the ddos attack a few days ago. but my huobi chart on bitcoin wisdom is working just fine, it says the price is 3531.
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I don't think we will see 500 ever again I'm sticking with my plan with orders below 500. I'll get myself a few ounces of silver if this wont get filled My problem for considering 500 as a bottom is that there are almost 16 millions of active usd swaps at bitfinex and it feels like they are just waiting to get squeezed sooner or later Do you really think it is likely that Bitfinex could bring down the whole market with just 16 million? I dont think its likely to crash on its own, there is plenty of arbitrage support.
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lol and where did the big sell orders go??
the wolves are out to play. for the first time in ages Im ready to cry fake sell wall!
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yep it's good enough for the institutional investors. not very good for me and you.
but miners will need to report earnings the the IRD? lol, im sure there are easy ways to get around that, but they are barely breaking even as it is most of them.
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Dont worry TERA. Have we not been waiting for the bearish sentiment? It's really coming out at the moment, especially after a convincing medium term reversal. Bull trap this, flash crash that. everyone wants $300 bitcoin.
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yessir I think the bears are giving in. we makin a move!
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people can't figure out bitcoin overnight.. I fucking slept on it for two years, and regret every naive moment.
LOL i know what you mean. I wanted to get my hands on some before I understood a thing about them. but the bank wire fee to Mt Gox back then was $20. totally not worth it just to buy $20 of bitcoin @ $2 each.... lol then came the $30 bubble and I understood what I had to do, but I didnt get round to it until it was taking a hike towards 266. Im glad I waited and got on at $100.
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I dont like this video because the train stops and reverses! NO NO NO! But dayum those are fine trains! OMG!
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volume is still small on Huobi, the best of the move is yet to come!
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LEVERAGED @555$ to the MAX includin Bitcoin bought with fresh FIAT 4 more weeks of holiday? LOL im in on leverage from 562 good days and bull trap sentiment is so comforting.
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Why is it so hard to understand that fundamentals and TA are both significant?
so we know Bitcoin is fantatic, love it, great fundamentals. but have we been beaten to the scene? is it in a bubble? is there a large unknown seller in the market? what is the subjective value of a bitcoin? what is the rate of growth? those are questions that Fundamental analysis cannot answer easily on its own.
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nice pump and dump!
that's not pump & dump imo. It's correction during reversal. this is a classic bull trap. you are a bull and you are TRAPPED !! for the record... are you trading short?
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NICE BULL TRAP !!!
WHY YOU SAY IN CAPITALS!! sounds like youre a short trader trying to say 'holy crap thats a killer bull trap!' lol
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is this the moment of truth?
Yupeee, it's jubilee, you're about to change your opinion 100th time in last week 7 days oy! Im never biased, I thought that was a good thing for a trader. Ill say things like ' if we break such level we will go down hard. alternatively, blah blah blah.' Ive never felt sure of anything for the last 2 weeks. I took a leveraged long at 562 FYI.
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is this the moment of truth?
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This looks like a bulltrap mixed with scores of misplaced optimism/desperation.
..... Aw cmon, this is an ideal floor, and the price is turning around after an exponential style decline. Its going to 600 soon and you know how much BTC likes 666. all my money on reversal right now.
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We are currently experiencing overwhelming profits on long positions but advise all traders to remain calm and HODL.
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....Last night bitcoin went up..... while the stock market went down.
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>>>> $600 train, ALL ABOARD!
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