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

[derpinheimer]

They've already displayed their move. Big walls on bitfenix and huobi in the $300 to $400 range piled up as we dropped. So far they aren't totally out of ammo, But the walls are beginning to fail.

Panic will likely happen at $300, whenever it comes, but it will be relatively unresisted compared to now.

what makes you think that they are out of ammo? possible "they" ain't showing everything "theeeey" got. no need to show your full force when a fraction of it is enough to cause a desired movement

I edited that post to clarify a bit. Basically, the megawall on $300 was being upkept for awhile, But not anymore. Bulls are exhausted

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[sidhujag]

They've already displayed their move. Big walls on bitfenix and huobi in the $300 to $400 range piled up as we dropped. So far they aren't totally out of ammo, But the walls are beginning to fail.

Panic will likely happen at $300, whenever it comes, but it will be relatively unresisted compared to now.

what makes you think that they are out of ammo? possible "they" ain't showing everything "theeeey" got. no need to show your full force when a fraction of it is enough to cause a desired movement

I edited that post to clarify a bit. Basically, the megawall on $300 was being upkept for awhile, But not anymore. Bulls are exhausted

I would say opposite.. bears are exhausted and bulls are just getting warmed up... still waiting for LTC dump to happen so btc can finally bottom.

[TheJuice]

They've already displayed their move. Big walls on bitfenix and huobi in the $300 to $400 range piled up as we dropped. So far they aren't totally out of ammo, But the walls are beginning to fail.

Panic will likely happen at $300, whenever it comes, but it will be relatively unresisted compared to now.

what makes you think that they are out of ammo? possible "they" ain't showing everything "theeeey" got. no need to show your full force when a fraction of it is enough to cause a desired movement

I edited that post to clarify a bit. Basically, the megawall on $300 was being upkept for awhile, But not anymore. Bulls are exhausted

I mean most people who sold are looking to get back in. Once it looks like we have a bottom we will rise hard again. This has alwasy been the cycle.

[abercrombie]

falllling was banned, which means a trend reversal has occured! https://bitcointalk.org/index.php?topic=809325.0

FWIW, for the past few months falllling has been spot on.  Even called the fake bull trap rallies.

Is he worse than the "experts" calling bottoms and "cheap coins" trapping the noobs all the way down from $680, creating a new generation of bag holders?

[derpinheimer]

They've already displayed their move. Big walls on bitfenix and huobi in the $300 to $400 range piled up as we dropped. So far they aren't totally out of ammo, But the walls are beginning to fail.

Panic will likely happen at $300, whenever it comes, but it will be relatively unresisted compared to now.

what makes you think that they are out of ammo? possible "they" ain't showing everything "theeeey" got. no need to show your full force when a fraction of it is enough to cause a desired movement

I edited that post to clarify a bit. Basically, the megawall on $300 was being upkept for awhile, But not anymore. Bulls are exhausted

I would say opposite.. bears are exhausted and bulls are just getting warmed up... still waiting for LTC dump to happen so btc can finally bottom.

It's possible. Buying pressure through market orders is way up this week. Something has to give.

[sidhujag]

They've already displayed their move. Big walls on bitfenix and huobi in the $300 to $400 range piled up as we dropped. So far they aren't totally out of ammo, But the walls are beginning to fail.

Panic will likely happen at $300, whenever it comes, but it will be relatively unresisted compared to now.

what makes you think that they are out of ammo? possible "they" ain't showing everything "theeeey" got. no need to show your full force when a fraction of it is enough to cause a desired movement

I edited that post to clarify a bit. Basically, the megawall on $300 was being upkept for awhile, But not anymore. Bulls are exhausted

I would say opposite.. bears are exhausted and bulls are just getting warmed up... still waiting for LTC dump to happen so btc can finally bottom.

It's possible. Buying pressure through market orders is way up this week. Something has to give.

Interest is rising... volume is saying we are close to 2012 situation... sicne last year price action according to my own analysis has been pretty much bang on... so now we should either bottom out or rise from here  to come back once more... if we go lower we bottom now.

[adamstgBit]

someone market buy with 1 million please

k thanks.

[sidhujag]

They've already displayed their move. Big walls on bitfenix and huobi in the $300 to $400 range piled up as we dropped. So far they aren't totally out of ammo, But the walls are beginning to fail.

Panic will likely happen at $300, whenever it comes, but it will be relatively unresisted compared to now.

what makes you think that they are out of ammo? possible "they" ain't showing everything "theeeey" got. no need to show your full force when a fraction of it is enough to cause a desired movement

I edited that post to clarify a bit. Basically, the megawall on $300 was being upkept for awhile, But not anymore. Bulls are exhausted

I would say opposite.. bears are exhausted and bulls are just getting warmed up... still waiting for LTC dump to happen so btc can finally bottom.

It's possible. Buying pressure through market orders is way up this week. Something has to give.

Interest is rising... volume is saying we are close to 2012 situation... sicne last year price action according to my own analysis has been pretty much bang on... so now we should either bottom out or rise from here  to come back once more... if we go lower we bottom now.

I think you silenced the bears, their cries of "bitcoin hurts baby Jesus" seem to have died out.

Just saying what I see... We will never get timing right.. direction we all are good at "seeing" you can look at the charts and fundamentals and everyone can draw the same conclusion... hard part is trying to predict when it will happen for potential purposes... time is always of the essence... you gain some when you get it right, and lose some some when you have to wait.

[Torque]

No one fkn knows.  It's getting comical.

We just had a spike to 450 just a week ago for gods sake.  That's a 10% rise, then a 20% drop from there, all within one week.

And in a market with no buying pressure, you can just accumulate and dump to your heart's content.  No one will buy them back, just bots.

[mmitech]

Interest is rising... volume is saying we are close to 2012 situation... sicne last year price action according to my own analysis has been pretty much bang on... so now we should either bottom out or rise from here  to come back once more... if we go lower we bottom now.

I think you silenced the bears, their cries of "bitcoin hurts baby Jesus" seem to have died out.

bears unlike bulls don't talk too much, but dump very much.

[fonzie]

What a bull would say:

If it turns out to be a bear trap(100%) it will probably get closed by the one big manipulator before the weekend starts,  to lower the chances of fresh FIAT coming in so that he alone can buy back all the (cheap) coins and pumps  the price fast and also sustain the rise afterwards so that everyone has to buy back higher. He will remove his asks and due to the subsequent coin shortage the moon will suddenly shine again.

What a bear would say:

Doooh. Look at the charts man.

[ChartBuddy]

Explanation

[inca]

Interest is rising... volume is saying we are close to 2012 situation... sicne last year price action according to my own analysis has been pretty much bang on... so now we should either bottom out or rise from here  to come back once more... if we go lower we bottom now.

I think you silenced the bears, their cries of "bitcoin hurts baby Jesus" seem to have died out.

bears unlike bulls don't talk too much, but dump very much.

You obviously don't stray too far from this thread. The forum is infested with trolls.

[fonzie]

LTC @ OKcoin is still unimpressed.

[njcarlos]

~2500 BTC to $350... Coiling up for some violent dump I feel like, kinda scary.

[podyx]

shits taking heat

imo, it feels like something is just terribly off, anyone else got this feeling?

I can't help but think if bitcoin is going anywhere, we should have a huge fucking bull market pretty fucking soon and I just don't see how we can have that from $300

Let's say it would go to $10k and that's still more then a 30k% ROI (From $300). Shit just doesn't make sense..

[yokosan]

shits taking heat

imo, it feels like something is just terribly off, anyone else got this feeling?

Yes. Bitcoin is seriously undervalued right now 

[adamstgBit]

shits taking heat

imo, it feels like something is just terribly off, anyone else got this feeling?

yes EVERYONE.

[njcarlos]

I'm actually, legitimately, nervous. If we significantly breach $350 or $300, there's no telling how low we can go before the mass selling ends. Perhaps it's just a momentary paranoia speaking.

[adamstgBit]

I'm actually, legitimately, nervous. If we significantly breach $350 or $300, there's no telling how low we can go before the mass selling ends. Perhaps it's just a momentary paranoia speaking.

paranoia is driving prices...

we are doomed!