Now there's a buy wall...  Where? Oh, the tiny one on BTC-E? |
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Bid/Ask sums on stamp becoming very bearish again after a short peak.
Im guessing if we dont see $550 soon we go back down. (Still HODLING since $390)
The orderbooks are so thin that it doesn't take much to do this at all. Subtract 2K from the buy side and add 3K to the sell side. Remember mtgox with the 200KBTC orderbooks where these types of amounts of btc were just irrelevant noise? True, but bitstamp still has (by far) the biggest orderbook of any exchange right now. And mtgox dwindled a lot towards its death, but that was mostly because of the price rising so much.  [Looks like a bid sum peaking around $70mil USD and an ask sum peaking at 30,000BTC in November 2013. |
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Yesterday I remarked that the net sum of the BFX, BTC-e, and Bitstamp walls was bearish. Bitcoin fell 4-5%.
Currently Bitstamp - bullish
BFX - neutral - maybe a tiny bit bearish
BTC-e - bullish in the short-range, bearish in the longer range
Overall slightly bullish. Probably trend reversal incoming, but it won't necessarily last that long (eg. bounce to 510-520).
Note: I'm a total amateur. Really I'd like to hear what other people think about the walls. They're aren't entirely fake =)
 https://i.imgur.com/YkfLRbB.pngExplain? I love not being able to see my own images on this site.. |
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This is just manipulation with price, you can check at http://bitcoinity.org/markets, Huobi and Bitstamp, for 5 days purchased over 500k bitcoins, It is so funny, 500k bitcoins for 4 days, and after that for next 4 days purchased less of 10k bitcoins. It is BIG manipulation with prices, Just check and compare volume and time, it not real. This is nonsense. Total volume is about 520kBTC for 9th thru 13th, and 650kBTC for 14th thru 17th from Bitstamp and Huobi. So you failed miserably at FUDDing. 4 day volume of rising prices > 5 day volume of decreasing value. And of course, this is only volume. Your made up buy metric is total BS, since no one could possibly find that without watching every single trade unfold... and even then, it wouldnt really be anything but the net of market buys - market sells. |
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Bid/Ask sums on stamp becoming very bearish again after a short peak.
Im guessing if we dont see $550 soon we go back down. (Still HODLING since $390)
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China is gonna go nuts if they wake up soon  But they probably wont trade for another 10 hrs |
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China appears to be sleeping so US markets are having trouble trying to rally.. lol
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Looks like China bulls are ignoring the manipulation on bitstamp and trying to push thru 3000 for the third time.
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You don't do a 2.5k buy order on all exchanges (5k on Huobi) at the same time. Something happened.
I've told you what happened, OKCOin announced they will invest in ATM production. https://www.okcoin.com/t-1008365.htmlHm, so... this bypasses.. the China ban? Or am I misunderstanding? Who the fuck knows anything here? Except that Chinese are doing us at their will. Now my bots will buy at this top just after they sold at bottom. Fuck you CHina. Just as they run out of steam? Eh? I hope China manages another push. |
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You don't do a 2.5k buy order on all exchanges (5k on Huobi) at the same time. Something happened.
I've told you what happened, OKCOin announced they will invest in ATM production. https://www.okcoin.com/t-1008365.htmlHm, so... this bypasses.. the China ban? Or am I misunderstanding? |
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China @ $436. C'mon US markets, GOGOGO!
-- Lol as I typed this someone pulled the trigger... now US matches China.
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The hell is going on? Rally because rally or is there news???
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I think $339.8 was the bottom. Whats ya'lls thoughts?
not even close, this gonna get fugly me thinks Glad I didnt listen to you :O This is not a chart reversal pattern, not yet anyway. The way $400 fell so easily makes me think that there is more blood to come. Why head fake @ $380 when you can do it at $350? or $250? 15 minute chart looks like a mini version of the $710 whale. $382 will be retested. It looks like a false bottom so far. The enemy of the manipulator is time.
I agree we should see some more dumping, to the mid 300's. Its very rare for a massive support to fail and not overshoot a good deal.. $383 is nothing. It took a full 2 weeks for 400 to fall, and the support zone is actually in 382-384 from the previous bottoms. More likely than not your dream will not come true, sorry. Or you! Making some BTC on this drop.. for once! |
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Weird. Huobi is showing current price > 2300 but all transactions are below 2250.
My mistake, sorry
Looks like its just a nice rally.  nearly 4% in 10 mins ON A COMPLETELY RANDOM NOTE, does anyone else have issues with images on this site? I cant see the image I just posted but the link looks fine? Its only this site and I have adblock off, etc. |
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340 retest incoming, let's see if it holds.
What do you mean by that, please? Thanks! They think the market will drop to ~$340 again and "test" to see if it goes to a new low. Current low is $339.8, so if it gets to that level again, it is "Testing" it. |
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I think $339.8 was the bottom. Whats ya'lls thoughts?
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From reddit:  LOL'd hard at this'un. |
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This is not a chart reversal pattern, not yet anyway. The way $400 fell so easily makes me think that there is more blood to come. Why head fake @ $380 when you can do it at $350? or $250? 15 minute chart looks like a mini version of the $710 whale. $382 will be retested. It looks like a false bottom so far. The enemy of the manipulator is time.
I agree we should see some more dumping, to the mid 300's. Its very rare for a massive support to fail and not overshoot a good deal.. $383 is nothing. It took a full 2 weeks for 400 to fall, and the support zone is actually in 382-384 from the previous bottoms. More likely than not your dream will not come true, sorry. How about that? |
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Apparently they are over 100,000B now. Lots of buying last 2 days?
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