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

[vokain]

If no walls get pulled - 10,000 BTC gets us up to 107 ish, or down to 86. What a disparity...

Thats why i just took some fiat profit. It will be harder to push up more after such a wild rally!

It just seems like the psychology of "up" is meeting the disparity of "lots O Sells".
If no big guys come we can't go much further up and even if they do how much room do we have?

Big guys are now waiting for asks to come up a bit than dump with 40%+ profit and see you next time to repeat.

i would do that. Some people think that if someone invested in bitcoins he is going to keep them. There is no reason for them to do this. I bet they prefer to keep their dollars.

"There's no reason to just keep bitcoins", hahahahaha.

Yes, you having few millions of dollars maybe would put all them in a currency that is very risky and have unknown future but maybe they wont.

Well if I had a few millions, never at any one point would I decide to put all of it into one commodity. THe money I would've put in is money that I don't need right away, and I would keep trading with it, hence, money in the market.

[1714967960]

1714967960

[1714967960]

1714967960

[1714967960]

1714967960

[1714967960]

1714967960

[1714967960]

1714967960

[1714967960]

1714967960

[Its About Sharing]

If no walls get pulled - 10,000 BTC gets us up to 107 ish, or down to 86. What a disparity...

Thats why i just took some fiat profit. It will be harder to push up more after such a wild rally!

It just seems like the psychology of "up" is meeting the disparity of "lots O Sells".
If no big guys come we can't go much further up and even if they do how much room do we have?

what if those "big guys" never left and invited their HNW friends to come play?

30 Days In, Bitcoin Angel Group BitAngels Doubles Network To 120, Puts First $100K Into Seasteading Venture, Blueseed

but perhaps that's old news to you.

Just to add a few key transits at this time:

Uranus in Aries Square Sun in Capricorn (1 degree) - Shocking events to our practical everyday life at this time. An impulsive time and individually tested with how BTC functions, especially "at work" . You may want to act individually but would be better to remain calm and assertive. Use this time to further cultivate gifts. (My paraphrasing/mixing and I'd say this could be a rather challenging time for BTC but again, a good time to build a strong foundation.)

Jupiter is 1 degree from the 12th house (in Cancer) - This starts a dangerous time imo but also a time of spiritual renewal, as stated a few posts above:

Jupiter transits your twelfth house, benefiting activities that take place "behind the scenes" or otherwise privately. This is a cycle in which you become more compassionate, empathetic, and sensitive. Jupiter in the twelfth house is said to offer one spiritual protection. It's a cycle in which you can rid yourself of self-destructive tendencies, deep-seated fears, and deeply-ingrained tendencies towards guilty feelings, acting much like a guardian angel. You are more able to get in touch with your subconscious mind. Charity, giving anonymously, contributing to altruistic endeavors, volunteering, and helping others without expectation of reward will be most fulfilling during this cycle. Work that involves serving others may begin now and bring you much joy. Your dreaming world may be rich, lighter, helpful, and more intuitive. Meditation and retreats may be particularly beneficial to you now, acting to regenerate and invigorate you. You may pick up metaphysical studies, dream interpretation, or research during this cycle. Some people enter into a private romance during this cycle. In general, help seems to be there when you need it. You are building your faith now. This is a time of spiritual renewal.

I'd say BTC is building a foundation to move forward. A good time to lay low and stay out of the governments crosshairs. I don't expect much to happen this Summer, but again to take off later in the year. But anything, like good news, can change that.

IAS

Coming up in a little more than a week, Mars transits 12th house and opposes itself, oh my...

I heard about the Angel thing but didn't look into it. Thanks, I'll read the article.
The astrology part has been really interesting and mostly spot on for a few months now.
And summer isn't over yet.  

[Its About Sharing]

Bitstamp really starting to deviate again. Lots on the sell side.
Leading or 

[cosmicblue]

Some people think that if someone invested in bitcoins he is going to keep them. There is no reason for them to do this. I bet they prefer to keep their dollars.

"There's no reason to just keep bitcoins", hahahahaha.

All wrong! If you are 30+ and hold more than 50k coins, you dont care much about btc speculation. You just lean back and wait a few years.
As an early adopter I might hold 50k coins in my cold wallet and like to play rollercoaster with about 10k coins. The extra 10k are just for playing and gambling with a couple of other early adopters (sitting on a caribbean island, drinking cocktails and sniffing nose candy)  

[vokain]

The astrology part has been really interesting and mostly spot on for a few months now.
And summer isn't over yet.  

Same to me, it's very, very interesting. I noted Otoh's post about a glitch about to occur, right before the pirate collapse in 2012. I've been at least paying more attention to this esotericism  

[MoreFun]

Bitstamp really starting to deviate again. Lots on the sell side.
Leading or 

No, it is just a fear against sudden dumps on gox...

[Dalib]

Bitstamp really starting to deviate again. Lots on the sell side.
Leading or  

But: Bitstamp is above his downtrend line too (even around the support line of the triangle like MtGox too)  

[Luzio]

Bitstamp really starting to deviate again. Lots on the sell side.
Leading or 

Seems so. Anyway I'm out. Sold at 121 last time, waited, bought in again at 64-65, now out again. Still think it's overvalued, just riding the manipulated wave. Lot's of resistance last time around 130. So I guess we'll actually reach a lower high. Good luck to the one holding my coins now

[ChartBuddy]

[vokain]

does the price follow the line or do the lines follow the price 

[thezerg]

its interesting to see this rally with significant volume on major price rises.  I don't think we've seen that so consistently since the run up to 266

[derpinheimer]

If there is no selling into these bid walls i'm completely convinced of this trend reversal.

There were some sales into these walls and then they disappeared. So, no trend reversal

I seriously reckon that those are his 40k coins at $105 - $110 and he wants to push us up there to take his very large profit for a couple of days whaling

There are only 20k coins to 110.



Bids took a small drop, but there is no selling into them. Some whale pulled bids from somewhere else. Bids on 70 took a small drop from ~34k to ~30k.

It really seems like 1-3 whales are the sole reason for this rally. But I wonder how much cash they have left. They had at least $3mill/USD when it was just starting [70-80]

And once they stop - do we go down?

[micalith]

It really seems like 1-3 whales are the sole reason for this rally. But I wonder how much cash they have left. They had at least $3mill/USD when it was just starting [70-80]

And once they stop - do we go down?

Their intention might be to stimulate rallying so they can sell allot higher

[phoenix1]

There are only 20k coins to 110.

Coinorama is showing 54k coins to $110 on gox

[blackreplica]

I'll let the walls speak for themselves

[barbs]

walls have shifted towards lower bias. Seems to be engaging dump mode

[derpinheimer]

It really seems like 1-3 whales are the sole reason for this rally. But I wonder how much cash they have left. They had at least $3mill/USD when it was just starting [70-80]

And once they stop - do we go down?

Their intention might be to stimulate rallying so they can sell allot higher

Yeah, but they'd be relying on 30k bids being above 80 [and getting every single one of them] to be pulling any sort of profit. [Since, if they have put their cash into coins, yet, they have at least 30k... maybe 40-50k coins.]
I suppose they could have bought just 10k and be using their USD to push it up. But thats a measly 200k profit. Why would anyone that rich care. Lots of work.

There are only 20k coins to 110.

Coinorama is showing 54k coins to $110 on gox

Whatever that is, it's wrong. You always post these hugely inflated numbers. I think you need to stop using that crappy site.

[Dalib]

It really seems like 1-3 whales are the sole reason for this rally. But I wonder how much cash they have left. They had at least $3mill/USD when it was just starting [70-80]
And once they stop - do we go down?

Their intention might be to stimulate rallying so they can sell allot higher

It's logical that it's (at least) a chance to up trend on 120-130, they don't want to sell for 100 and they want keep and hold.

If the down trend will return, they will again sell ...

[rampantparanoia]

I'll let the walls speak for themselves

is that a wall on 70?
the ask wall on 110 is clear, but the bid walls are not so clear... its a scary slope

[phoenix1]

Interesting discrepancy ... check coinorama.net ... showing completely different numbers <confused>