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

[findftp]

edit
nevermind, bitcoinwisdom acted weird. I saw strange mega volume.

[Newbie1022]

Bounce + moon or bulltrap?

Trap!!!! Too much leverage... too much leverage left to burn through. Unless you think Wall Street is composed of charitable foundations, they are going to watch those leveraged out burn. Full cynicism mode. We'll hit an all-time high within the next six months, but some s--- is going to go down first.

[FUR11]

So we're rebounding? Can't really believe that. We actually need to crash a bit more! Total desparation. Yeah, this may be a dead cat bounce!

[iram3130]

Well, we are falling exponentially, maybe 560 can hodl. Dont mark my words, thought

We are not falling like that,

I know we fall 580 to 560 level, but still we have support of 540, if that break we can say this.

But before that it is not like this, we touched before too 540 and recover from there very quickly,

so just watch that level and then we will see.

[JayJuanGee]

Time for a bounce?  who will win it 

In case you haven't noticed, bitcoin doesn't "bounce" anymore. We fall, hit support, move sideways for a week or two, and then fall more. Rinse, repeat.

YEAH RIGHT!!!!!     If you get enough stupid-ass bear FUD spreaders in here... maybe you can squeeze a few more coins out of people with this baloney talk.


In other words -------    HODL!!!!!!!,     HODL!!!!!!!,   HODL!!!!!!!,   HODL!!!!!!!

[adamstgBit]

technical bounce off the "floor"

we're still fucked

sub floor SOON 

[Skinnkavaj]

we'll come out of this and everyone will be like " well that wasnt so bad "

but for now


the sky is falling!

run for your lives!

[FUR11]

technical bounce off the "floor"

we're still fucked

sub floor SOON 

So it's the second support? Or are we going through that as well? If that happens we've lost, right?

[Schickeria]

Time for a bounce?  who will win it 

I think at least wall at Huobi must get filled. Today or later.

That wall on huobi will only fall if a whale will kill it, which i doubt. Bots will never sell into it they just don't work like that  

Oh, I think yes. And after that we'll bounce. Not sure if this bounce will be liberating her from the downtrend, but it could.

[Newbie1022]

technical bounce off the "floor"

we're still fucked

sub floor SOON 

This guy doesn't even have national bearish tendencies. I'll be the first person to tell you that I am a good guy and all but paranoid as f---. This guy, though... not so much.

[fonsie]

ChooChoo

[bigasic]

Every time we hit a Bear market, I have to admit, I panic a bit. I used to sell a bunch and every time I did, I regretted it. I truly believe that holding is the best choice and will be buying once i see it settle a bit. There may a be a lot of people out there that are like I used to be.. "Shit, it just dropped 20 percent, better get out while the getting is good" only to see it recover a few weeks later..

Just hold or even buy, its still a great deal..(even if it falls more)

[Moria843]

I started buying at about $350 with a goal of accumulating BTC100. Reached goal at $650 with average cost of about $510/BTC. Always wished I would have bought more at $350. May get a second chance!

Don't cry for me Argentina! At least I wasn't GOXed! That would have been something to cry about. This is nothing.

[adamstgBit]

technical bounce off the "floor"

we're still fucked

sub floor SOON  

So it's the second support? Or are we going through that as well? If that happens we've lost, right?

i put 2 lines as a best guess for rock bottom prices, given the assumption that we are eventually going up

we are bouncing off the low end of the floor

should we break through and close below the floor, without considerably higher vol then we have been seeing...

we are pretty much guaranteed to go much lower and fast.

[empowering]

technical bounce off the "floor"

we're still fucked

sub floor SOON 

So it's the second support? Or are we going through that as well? If that happens we've lost, right?

i put 2 lines as a best guess for rock bottom prices, given the assumption that we are eventually going up

we are bouncing off the low end of the floor

should we break through and close below the floor, without considerably higher vol then we have been seeing...

we are pretty much guaranteed to go much lower and fast.

also it should be noted that i am almost always wrong.

At 430's  and 376 I would be very much paying attention...  this is a mild amusement imho

[FUR11]

technical bounce off the "floor"

we're still fucked

sub floor SOON 

So it's the second support? Or are we going through that as well? If that happens we've lost, right?

i put 2 lines as a best guess for rock bottom prices, given the assumption that we are eventually going up

we are bouncing off the low end of the floor

should we break through and close below the floor, without considerably higher vol then we have been seeing...

we are pretty much guaranteed to go much lower and fast.

If we go below 400 we might trigger another change in ShroomsKit, who may become a bull again. Or go completely crazy! He should have a BullBear for his avatar, rather than this dogeon!

[Schickeria]

also it should be noted that i am almost always wrong.

So could it be, that you are drawing what you wish and not what you would think without (devoutly) wishes? ;-)

[adamstgBit]

bears are fighting hard, only a few $ away from breaking a key line, its now or never, max leverage all your coins and DUMP!

[Dalmar]

What if Tim Draper is panic selling and is the cause of this sell off.  

[DjPxH]

The pain isn't intense enough, yet! We need to push into the 550s... There can't be a healthy trend reversal without a decent shakeout of all the longs!