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

[manitou]

Sell it was a trap. There was traps like this before good news trap the price will fall to 400 soon...

I think the same.

[NotLambchop]

ITT: Bitcoin trolls everyone.

[inca]

Dead cat bounce.
350 in a couple of days.

You hope so lol.

[adamstgBit]

11K shorts still haven't covered  

( unless the site i use to monitor these positions is lagging behind, idk )

[jeezy]

Dead cat bounce.
350 in a couple of days.

Proof or never happened.

[Loaded]

 

[podyx]

 

[bigasic]

I think this is going to be a rollercoaster until china wakes up.. then it will probably go up steadily..

[AirFlame]

Sell it was a trap. There was traps like this before good news trap the price will fall to 400 soon...

I think the same.

But i have been on that train bought on $390 selled on $440

[derpinheimer]

Fake bidwalls fleeing on Bitstamp

[seriouscoin]

 

Fck you, why u no PM? 


LOL

[njcarlos]

Do you guys really think the buying public is going to turn on a dime after getting screwed so hard on the last rally, in a bearish downtrend, just because some dumbass rich people decided they'd drop a few million? Or that these institutions and whales have enough fiat to keep this afloat (as if they want to?) for however long it'll take to rebuild the public perception of BTC? Man they've got a lot of you trained good. Hope you all didn't panic buy too much.

[jonoiv]

 

[fred1111]

Amazing news, you gotta read this!
https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230

Together to the MOON!


Any donations will be highly appreciated: 1Fy8dvuHjiTLDf7y6tkVkctStGAEHL9KqL

"To be clear, today’s news does not mean that PayPal has added Bitcoin as a currency in our digital wallet or that Bitcoin payments will be processed on our secure payments platform."

Reading is fundamental.

"That’s why we’re proceeding gradually, supporting Bitcoin in some ways today and holding off on other ways until we see how things develop" Still bullish

[adamstgBit]

[abercrombie]

Failed rally taken out by Israel's Iron Dome.   

[Newbie1022]

Reverse rape? I would imagine that this was a trap to get the shorts to cover... but only a partial trap. We are probably going to settle right above $420. If we break below $420 then it was a full trap. If we break $450 then the shorts are dead. This, like the last few movements, has been entirely tracking TA.

As for the shorts not covering... this all happened inside of an hour (and I was one of those shorts that was sitting pretty until an hour ago). Unless you are watching the charts 24-7 you probably won't close until you come back to your computer.

P.S. -- I haven't covered my short. I should. I am praying rather than responding at this point. I'm honest.

[AirFlame]

I think this is going to be a rollercoaster until china wakes up.. then it will probably go up steadily..

2 options now.

1. China wake up they will buy and price will be rising.
2. China wake up and nothing will happen because they have a price alarm and done what they need to.

[inca]

Do you guys really think the buying public is going to turn on a dime after getting screwed so hard on the last rally, in a bearish downtrend, just because some dumbass rich people decided they'd drop a few million? Or that these institutions and whales have enough fiat to keep this afloat (as if they want to?) for however long it'll take to rebuild the public perception of BTC? Man they've got a lot of you trained good. Hope you all didn't panic buy too much.

Price leads sentiment. You may correlate the newsflow with market movements but they aren't really relevent. If the price starts going up bitcoin will do its thing - again.

[jeezy]

Pump it further. C'mon.