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

[VolanicEruptor]

Wallzilla being chewed ATM, seems legit

Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?

They didn't know it was going to go up to $108, and they want Bitcoins.  Hindsight is always 20/20..

[Jozzaboy]

i will help you guys destroing this wall

I'm waiting... Wallzilla looks hungry. Besides, I'm just going to buy more coins when it slingshots around 100 again.

I see consolidation between 108 and 112 now before another push upwards. Target, 120.

[Dalib]

Wallzilla being chewed ATM, seems legit

Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?

it looks as if many of the coins sold for more than 110 that now can buy back all at 108.50

and even reverses the trend to buy 

[Rampion]

Wallzilla being chewed ATM, seems legit

Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?

They didn't know it was going to go up to $108, and they want Bitcoins.  Hindsight is always 20/20..

But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!

[Jozzaboy]

Wallzilla being chewed ATM, seems legit

Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?

They didn't know it was going to go up to $108, and they want Bitcoins.  Hindsight is always 20/20..

But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!

The greater good. Showing people that this is a good buy in point by staking his own capital. This is market confidence.

[ElectricMucus]

Wallzilla being chewed ATM, seems legit

Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?

They didn't know it was going to go up to $108, and they want Bitcoins.  Hindsight is always 20/20..

But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!

The greater good. Showing people that this is a good buy in point by staking his own capital. This is market confidence.

It's called bait and switch.

[Rampion]

Wallzilla being chewed ATM, seems legit

Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?

They didn't know it was going to go up to $108, and they want Bitcoins.  Hindsight is always 20/20..

But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!

The greater good. Showing people that this is a good buy in point by staking his own capital. This is market confidence.

Boh. It could be an epic trap. The spike is notable, that's certain, and Wallzilla is really risking his stash to make of this a "real" breakout.

[KS]

Wallzilla being chewed ATM, seems legit

Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?

They didn't know it was going to go up to $108, and they want Bitcoins.  Hindsight is always 20/20..

But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!

The greater good. Showing people that this is a good buy in point by staking his own capital. This is market confidence.

It's called bait and switch.

I think it's just bait. He might very well be buying his own wall for all we know... a good show of "support".

[MonkeyIsland]

Wallzilla being chewed ATM, seems legit

Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?

They didn't know it was going to go up to $108, and they want Bitcoins.  Hindsight is always 20/20..

But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!

It's there to instil confidence in the market. People will buy above it, like they are doing now... or were. we'll be down to ~100 by tonight

[crumbs]

Hang in there, bud.

[rpietila]

We are resting now at the 1st fibonacci level of the move of 102->113.3. In principle, I would like to see the 2nd level before I buy in in a serious quantity. I corrected 20% of my error by purchasing the bitcoins I had sold at EUR 76, for EUR 80. So I am eating a 5% dumb panicker fee.

[oda.krell]

[...] The kind of my position is not really related to market sediment, at least I try to keep it that way.

I guess you trade quite often/short term then. Probably makes sense in that case. I try to not trade more than once every 2 weeks or so, cause: lazyness. Also, sediment?

[Rampion]

Wallzilla being chewed ATM, seems legit

Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?

They didn't know it was going to go up to $108, and they want Bitcoins.  Hindsight is always 20/20..

But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!

The greater good. Showing people that this is a good buy in point by staking his own capital. This is market confidence.

It's called bait and switch.

I think it's just bait. He might very well be buying his own wall for all we know... a good show of "support".

This is my feeling too. Anyhow, I'm so used to "fake" walls that get immediately pulled as soon as the price get close to them that it kinda puzzles me to see a wall like that being chewed in this kind of slow and bearish market. And that wall was really chewed, not a lot because the volume is low, but it was chewed indeed and it didn't moved a single inch.

Boh... Will see... I'm not buying, that's for sure.

[kickinyou]

The wall have not been touched at the moment , its 4500B in one order that will probebly be pulld if touched .

[ShroomsKit]

Wallzilla being chewed ATM, seems legit

Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?

They didn't know it was going to go up to $108, and they want Bitcoins.  Hindsight is always 20/20..

But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!

The greater good. Showing people that this is a good buy in point by staking his own capital. This is market confidence.

It's called bait and switch.

I think it's just bait. He might very well be buying his own wall for all we know... a good show of "support".

This is my feeling too. Anyhow, I'm so used to "fake" walls that get immediately pulled as soon as the price get close to them that it kinda puzzles me to see a wall like that being chewed in this kind of slow and bearish market. And that wall was really chewed, not a lot because the volume is low, but it was chewed indeed and it didn't moved a single inch.

Boh... Will see... I'm not buying, that's for sure.

You're waiting for the price to go to 50 right?

[Rampion]

The wall have not been touched at the moment , its 4500B in one order that will probebly be pulld if touched .

The wall was touched, I guarantee you that. But was chewed very little, only a few coins were sold into it.

[Rampion]

Well well well, coins coming to the order book, is wallzilla propping up the price preparing for his dump?

The same old story over and over...

[Jozzaboy]

We are resting now at the 1st fibonacci level of the move of 102->113.3. In principle, I would like to see the 2nd level before I buy in in a serious quantity. I corrected 20% of my error by purchasing the bitcoins I had sold at EUR 76, for EUR 80. So I am eating a 5% dumb panicker fee.

Don't get left behind again!   P.s. that wall used to be 6500 BTC and I've been carefully watching it get chewed down.

[rpietila]

We are resting now at the 1st fibonacci level of the move of 102->113.3. In principle, I would like to see the 2nd level before I buy in in a serious quantity. I corrected 20% of my error by purchasing the bitcoins I had sold at EUR 76, for EUR 80. So I am eating a 5% dumb panicker fee.

Don't get left behind again!   P.s. that wall used to be 6500 BTC and I've been carefully watching it get chewed down.

No problem, I will not let my position go before BTC2,400, that stupid I am not (everything goes wrong incl. mental ward but at least I still have some bitcoins).

[ElectricMucus]

Well as for bait, there is something going on...
Bids before the wall are regularly sweeped.