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

[adamstgBit]

http://s2.postimg.org/jao639jp5/image.png[/img]]
source :
https://blockchain.info/charts/n-transactions?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Transactions are steadily increasing, suggesting adoption is still on the up.

 I think a mini rally is brewing.

Agree with you 100%...

We are on the verge of the biggest bubble ever....

https://www.youtube.com/watch?v=HCm6gRHINqA&t=1m22s

I think something is required to take us over the tipping point, I suspect that will be circle going live out of beta.

we are not on the verge of any bubble...

at best we'll be able to hold 400, then have a decent rally.

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[oda.krell]

If I were a whale, I'd be careful with that 1.5k wall at 400... some other whale might be tempted to take it out in one bite, for a slippage free chunk of $400 coins.

[magicmexican]

Textbook fake 6h macD "recover" after a dump - probably retest of 350~ range is coming soon(ish)

[adamstgBit]

now lets watch market do its thing with this wall.  

[adamstgBit]

wall gets just a little bit bigger. 

[bzzard]

There's no hope for you bulls...

[Carra23]

A big, shiny wall. Whenever I see a wall like this it reeks of some manipulation. Sometimes its a double hoax, so no idea what they are trying

[fonzie]

Huobi buy wall destroyed. Totat annihilation about to start!

[derpinheimer]

Wall pulled... market sell incoming?

EDIT: Yep.

[adamstgBit]

did he just give up and dump? what an idiot!

[yokosan]

http://s2.postimg.org/jao639jp5/image.png[/img]]
source :
https://blockchain.info/charts/n-transactions?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Transactions are steadily increasing, suggesting adoption is still on the up.

 I think a mini rally is brewing.

Agree with you 100%...

We are on the verge of the biggest bubble ever....

https://www.youtube.com/watch?v=HCm6gRHINqA&t=1m22s

I think something is required to take us over the tipping point, I suspect that will be circle going live out of beta.

we are not on the verge of any bubble...

at best we'll be able to hold 400, then have a decent rally.

I disagree and I will tell you why:

Bubbles of days gone by were formed when lots of new blood came in to buy coins. New blood typically gets attracted when the price starts going up. It is a positive feedback loop.

As for the situation right now I am very confident that we have the most "organic" Bitcoin use right now than ever before. What I mean by that is that many more people are actively using Bitcoin than ever before, to the extent that the use is almost on par with the height of the biggest bubble we have experienced to date...

All it will take is some sustained upward movement and people will stop selling. When that happens all the people on the sidelines will hop on in and the positive feedback loop will be restarted.

It is difficult to see this right now because the market sentiment is so low. You have to look beyond that to see the opportunity on the horizon.

It doesn't matter if the price crashes to $300 or below, the bubble is coming and nothing will stop it. In fact lower prices may just bring more people into the game because they want to buy in low... which will add more fire to the explosion.

[Tzupy]

did he just give up and dump? what an idiot!

No, he knows he'll be able to buy back lower, even if he'll have to wait a couple of weeks.

[ChartBuddy]

Explanation

[fonzie]

This is a win win situation. Bulls are getting cheap coins while bears enjoy their shorts. We should celebrate together!

[oda.krell]

Textbook fake 6h macD "recover" after a dump - probably retest of 350~ range is coming soon(ish)

Agreed. This is what a pretty decisive turnaround looked like at the April bottom on the 6h:




And this is what he have now:




We need some major buys coming in on Monday to turn this one around. Not impossible, but not very likely either, in my opinion.

[edwardspitz]

This is a win win situation. Bulls are getting cheap coins while bears enjoy their shorts. We should celebrate together!

Lol. We are finally getting rid of those manipulative walls. All the walls in both directions 

[ssmc2]

  December 28th! I've cracked the code!

[adamstgBit]

[adamstgBit]

taking back 400 tonight would be very encouraging

[JayJuanGee]

taking back 400 tonight would be very encouraging

We are NEVER gonna see $400 again, EVER.


CUT YOUR LOOSE!!!!!!!!!