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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370520 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
naima53
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June 30, 2013, 02:17:17 PM
 #19661

it looks like a small double bottom. Tongue
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It looks like a whale today have a day off, he could miss the fun and will have to buy back tomorrow.  Cheesy
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nmersulypnem
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June 30, 2013, 03:54:54 PM
 #19662

Volumeless rally.  Gee, I feel so confident.
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June 30, 2013, 04:00:08 PM
 #19663

Volumeless rally.  Gee, I feel so confident.

lol
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June 30, 2013, 04:08:47 PM
 #19664

Trying for a breakout as we speak.
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June 30, 2013, 04:15:31 PM
 #19665

Trying for a breakout as we speak.

triangle closing finally?
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June 30, 2013, 04:16:02 PM
 #19666

Trying for a breakout as we speak.

More like breakdown...

lolamirite??? Grin
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June 30, 2013, 04:18:21 PM
 #19667


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June 30, 2013, 04:32:15 PM
 #19668


It's "exciting"... These weekend sprints for $ 2 with volume 12 BTC / min.  Wink

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June 30, 2013, 04:49:20 PM
 #19669

Trying for a breakout as we speak.

Yes, but you might have the direction wrong. I'd say "breakdown" and out...
(Not every time, but more times than not and you also have to consider resistance is right above it.)

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June 30, 2013, 04:53:47 PM
 #19670

Looks like the sucker rally is stalling. Even for a Sunday this is low volume.
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June 30, 2013, 04:54:32 PM
 #19671

And look where the "indecision" or push back is. My opinion under pic.

4 hour period chart



(Hint - top of candles on up moves. Those are reversal candles in the last 8 hours.)
Even the last move up on the 28/29th had those long wicks (but below as well, which is indecision generally.)
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June 30, 2013, 05:02:06 PM
 #19672

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June 30, 2013, 05:03:29 PM
 #19673

Looks like the sucker rally is stalling. Even for a Sunday this is low volume.

yes very low volumes, but I'm not surprised:

Why would buy now the one who waits cheap coin?
And why would sell to whoever could sell for 130-100?

I believe that when we see another direction, trading volume will be better.
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June 30, 2013, 05:18:23 PM
 #19674

Looks like the sucker rally is stalling. Even for a Sunday this is low volume.

yes very low volumes, but I'm not surprised:

Why would buy now the one who waits cheap coin?
And why would sell to whoever could sell for 130-100?

I believe that when we see another direction, trading volume will be better.

So predictable. A rally on low volume and then a sell order for 783 BTC's comes through and knocks it back down.
People holding know we are going down and just sell into any rally, especially those without volume.
I imagine if there is a rally on volume they might ride it a bit...
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June 30, 2013, 05:20:02 PM
 #19675

Looks like the sucker rally is stalling. Even for a Sunday this is low volume.

yes very low volumes, but I'm not surprised:

Why would buy now the one who waits cheap coin?
And why would sell to whoever could sell for 130-100?

I believe that when we see another direction, trading volume will be better.

yes, when denial finally realises it's had it ass kicked by inevitability,  and prices go lower...
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June 30, 2013, 06:01:55 PM
 #19676

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June 30, 2013, 06:33:05 PM
 #19677

Looks like the sucker rally is stalling. Even for a Sunday this is low volume.

yes very low volumes, but I'm not surprised:

Why would buy now the one who waits cheap coin?
And why would sell to whoever could sell for 130-100?

I believe that when we see another direction, trading volume will be better.

Looking back at a year ago did you really care if you bought at $5, $6, or $7? A year ago the 100 day average was around $5.50.

Buying today with the 100 day average around $115 and worrying if I buy at $100 which is 15% below or $90 which is 22% below or $80 which is 30% below doesn't really matter much to me. All these prices are amazing deals.

I believe the fundamentals are great and that's why I'm buying.
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June 30, 2013, 06:40:32 PM
 #19678

Looks like the sucker rally is stalling. Even for a Sunday this is low volume.

yes very low volumes, but I'm not surprised:

Why would buy now the one who waits cheap coin?
And why would sell to whoever could sell for 130-100?

I believe that when we see another direction, trading volume will be better.

Looking back at a year ago did you really care if you bought at $5, $6, or $7? A year ago the 100 day average was around $5.50.

Buying today with the 100 day average around $115 and worrying if I buy at $100 which is 15% below or $90 which is 22% below or $80 which is 30% below doesn't really matter much to me. All these prices are amazing deals.

I believe the fundamentals are great and that's why I'm buying.

Well said except I'm a greedy bastard and want as much profit as I can get.
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June 30, 2013, 06:42:10 PM
 #19679

Looks like the sucker rally is stalling. Even for a Sunday this is low volume.

yes very low volumes, but I'm not surprised:

Why would buy now the one who waits cheap coin?
And why would sell to whoever could sell for 130-100?

I believe that when we see another direction, trading volume will be better.

Looking back at a year ago did you really care if you bought at $5, $6, or $7? A year ago the 100 day average was around $5.50.

Buying today with the 100 day average around $115 and worrying if I buy at $100 which is 15% below or $90 which is 22% below or $80 which is 30% below doesn't really matter much to me. All these prices are amazing deals.

I believe the fundamentals are great and that's why I'm buying.

Most likely true as Bitcoin will be a series of bubbles until and if mass adoption takes place. In the mean time, I would rather have the maximum amount of bitcoins.
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June 30, 2013, 06:50:17 PM
 #19680



Most likely true as Bitcoin will be a series of bubbles until and if mass adoption takes place. In the mean time, I would rather have the maximum amount of bitcoins.

Time to buy is when the BTC price is in a bubble of plumbum.
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