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

[phoenix1]

So what do you reckon for today IAS ?
There's a few green candles on the hourly, but not much follow through for now ...

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[Voodah]

Pump & dump on FinCEN news?

What FinCEN news ?

https://bitcointalk.org/index.php?topic=245925.0

Thanks 
TBH, if total confidence was restored in Gox, I would expect to see the gap between them and the other exchanges reduce significantly
I think this is just the inevitable re-test of 100 from below ... mabye we will see a couple more today and even trade above it

No, they are separate things: the gap is a product of the USD lock in, fear and the possibility of arbitrage against other exchanges. It won't go until the withdrawals are restored.

[Its About Sharing]

Funny, was just going to post this and see you (Phoenix1) curious - just a coincidence if you believe in them.

I'm not going to play any bounces right yet. I'm going to see if any rally takes us through the 100 day EMA. We just crossed (under 10 day EMA) for the first time in a looooong time.
The 20 day or so EMA hasn't crossed and to be honest I have just played around with the 10 and 100 day - don't know that it is an accepted method.
The 10 day SMA has crossed under the 10 day EMA (slightly bearish) and that is accepted so I will still wait and look for strong confirmation of a reversal.

Regarding the hourly candles - well, the 4 and 1 hour are not doing anything and even the 15 min charts look the same. $100 is a key psychological barrier. And even if we break it, do we stay
above it for long? Next few days will be interesting and I'm curious is our WE dumper (and perhaps rescuer) re-appears.

[ChartBuddy]

[phoenix1]

Funny, was just going to post this and see you (Phoenix1) curious - just a coincidence if you believe in them.

I'm not going to play any bounces right yet. I'm going to see if any rally takes us through the 100 day EMA. We just crossed (under 10 day EMA) for the first time in a looooong time.
The 20 day or so EMA hasn't crossed and to be honest I have just played around with the 10 and 100 day - don't know that it is an accepted method.
The 10 day SMA has crossed under the 10 day EMA (slightly bearish) and that is accepted so I will still wait and look for strong confirmation of a reversal.

Regarding the hourly candles - well, the 4 and 1 hour are not doing anything and even the 15 min charts look the same. $100 is a key psychological barrier. And even if we break it, do we stay
above it for long? Next few days will be interesting and I'm curious is our WE dumper (and perhaps rescuer) re-appears.

Yeah, I think it will be tough to get and stay above 100 ... seems like it was just two big(ish) buys (6k) that pushed us up and now we are drifting again. It would not surprise me if we had another test of it again though, you know, while we're here, just another little push! But on the other hand there is no volume ...

Coincidence ... lol ... another name for connection my friend  

EDIT : and the 15 min looks to be deteriorating now ...

[Its About Sharing]

Here is a chart I follow from that Twitter guy I mentioned - Sir Bits a lot...

I'll keep an eye on his points...

[runam0k]

Here is a chart I follow from that Twitter guy I mentioned - Sir Bits a lot...

I'll keep an eye on his points...

Bit of a daft chart. Why not extend those purple lines back to Arpil/May - then they would look almost flat and pointing at the current price!

[ChartBuddy]

[Its About Sharing]

Here is a chart I follow from that Twitter guy I mentioned - Sir Bits a lot...

I'll keep an eye on his points...

Bit of a daft chart. Why not extend those purple lines back to Arpil/May - then they would look almost flat and pointing at the current price!

Agreed, I thought the same but he is just looking at the move after the correction. Anyway, the guy is a programmer and claims to have found a "fingerprint" for some manipulation in the BTC.
The thing about charts is even when you do what is accepted they still are not exactly consistent nor accurate. So, I'm going to see where his goes...

[Voodah]

I've been following that Sir Bits for a while. He seems down to earth, has good data and makes interesting observations.

Don't know who he really is though.

[N12]

Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s).

[Miz4r]

Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s).

You want to make a bet on this?

[ChartBuddy]

[ShroomsKit]

Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s).

You want to make a bet on this?

He won't obviously because he knows it's total bs.
I just don't understand why he keeps saying this as he must also realize he will look pretty damn stupid soon enough.
Really odd beaviour.

Edit: obviously he already looks stupid as a few hours after he said we won't see triple digits again we saw triple digits.
He simply ignores it and just goes on  

[sarc]

I love the expression butthurt.

[gizmoh]

Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s).

Oh well he ate my sell at 100.4 ..

[lucas.sev]

Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s).

You want to make a bet on this?

He won't obviously because he knows it's total bs.
I just don't understand why he keeps saying this as he must also realize he will look pretty damn stupid soon enough.
Really odd beaviour.

Edit: obviously he already looks stupid as a few hours after he said we won't see triple digits again we saw triple digits.
He simply ignores it and just goes on  

Isn't Adam's 180 in x business days same bullshit?

[ShroomsKit]

Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s).

You want to make a bet on this?

He won't obviously because he knows it's total bs.
I just don't understand why he keeps saying this as he must also realize he will look pretty damn stupid soon enough.
Really odd beaviour.

Edit: obviously he already looks stupid as a few hours after he said we won't see triple digits again we saw triple digits.
He simply ignores it and just goes on  

Isn't Adam's 180 in x business days same bullshit?

Yes? Why?

[klee]

http://www.thebitcointrader.com/2013/06/snapswap-launches-ripple-gateway.html

So what impact may this have? Bitstamp will eat finally MtGox IMO.
USD funds available again.

Meanwhile Ripple usage (network) will skyrocket and maybe XRPs too! Bye bye Litecoin (ok maybe after it hit MtGox and being dumped hardcore)..

[ChartBuddy]