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

[kireinaha]

Premiering next week: The Fall and Fall of Bitcoin

I'm trying to recruit the Winkevoss twins to walk the red carpet, but when I called, all I could hear was sobbing in the background.

[1714653224]

1714653224

[akujin]

That's enough... make it crash now... 

[adamstgBit]

So where do you guys think are current support and resistance levels?

TA threads seem dead on this forum now

800 major resistance
600 resistance
400 support
300 major support

could go lower still, but bitcoin always seems to have more upside potential, i'm still confident in time we will break over  major resistance and skys the limit again, and then ban the sky fall at 7295$ down to 1987$  then a "stable" 3K 

[silverfuture]

Relax, we're headed up now.

[keithers]

So where do you guys think are current support and resistance levels?

TA threads seem dead on this forum now

800 major resistance
600 resistance
400 support
300 major support

could go lower still, but bitcoin always seems to have more upside potential, i'm still confident in time we will break over  major resistance and skys the limit again, and then ban the sky fall at 7295$ down to 1987$  then a "stable" 3K 

I agree with your figures above.   I think it could be added that there is also major psychological resistance at 1000 levels.   We are way off from those levels now, but once we finally approach it again, I think we will have a tough time sustaining prices above there.

[podyx]

Premiering next week: The Fall and Fall of Bitcoin

I'm trying to recruit the Winkevoss twins to walk the red carpet, but when I called, all I could hear was sobbing in the background.

LOL

[minerpumpkin]

Come on, rpietila, drop some fiat to really get us started!

[ChartBuddy]

Explanation

[pandacoin]

We need to implement mBTC fully for 4 figure levels.

[akujin]

 

[Bronstad]

So where do you guys think are current support and resistance levels?

TA threads seem dead on this forum now

800 major resistance
600 resistance
400 support
300 major support

could go lower still, but bitcoin always seems to have more upside potential, i'm still confident in time we will break over  major resistance and skys the limit again, and then ban the sky fall at 7295$ down to 1987$  then a "stable" 3K 

[Bitcoin_is_here_to_stay]

So where do you guys think are current support and resistance levels?

TA threads seem dead on this forum now

800 major resistance
600 resistance
400 support
300 major support

could go lower still, but bitcoin always seems to have more upside potential, i'm still confident in time we will break over  major resistance and skys the limit again, and then ban the sky fall at 7295$ down to 1987$  then a "stable" 3K 

Thanks, but I was thinking more short term. I mean, what is a price level below $500, that if we are above it, we can become optimistic again? $460? $480? On the downside, going back into $300s would obviously be a bad sign. Any support in-between except $425?

[dreamspark]

Wisdom says different...

Wow.  That's hard to argue with.

Ok.

[p0peji]

So bitcoin is becoming boring now?

[RUEHL]

So where do you guys think are current support and resistance levels?

TA threads seem dead on this forum now

Support is around 420 Bitstamp.  400 is more of a psychological barrier with no support at all, we could test 300's in the event of some devastating news like another exchange closure or an account ban by Citibank or Chase.

weak upside resistance at 500, strong resistance at 600.

A good showing in Korea by the Winkevoss twins could make this explode.

[Meman]

So bitcoin is becoming boring now?

because of the ongoing downtrend, the general interest in Bitcoins is approaching non-hyped levels
http://www.google.com/trends/explore#q=bitcoin

[ChartBuddy]

Explanation

[UnDerDoG81]

If one more "final warning" thread pops up, I should really sell 

[F-bernanke]

some nice bids on stamp.

[PoolMinor]