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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 26373232 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.)
Tzupy
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May 31, 2015, 12:25:16 PM

Everyone's eyes should be glued to the charts at this pivotal point.

Could you elaborate more please.
Daily and weekly Bollinger bands are at the tightest levels they've been at for years. This is in addition to the volume flattening out over a long time. A breakout here is likely to set the tone for the coming weeks and months.



Considering that daily PSAR is bearish and daily MACD turned negative, while price is hugging the lower daily BB, the likely scenario is bearish.
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1715049580
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Fatman3001
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May 31, 2015, 12:39:26 PM

Looks like it's just adjusting to a stronger dollar. It really is acurrency now. Except nobody's using it.
Wandererfromthenorth
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May 31, 2015, 12:50:08 PM












https://www.youtube.com/watch?v=5ZX7UgzAHoE
Wandererfromthenorth
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May 31, 2015, 12:53:58 PM






Meuh6879
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May 31, 2015, 12:54:19 PM

Looks like it's just adjusting to a stronger dollar. It really is acurrency now. Except nobody's using it.

normal, people plan vacancy ...  Roll Eyes and problem will always popup on june/july ... to explose on september/october.  Tongue
Hunyadi
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May 31, 2015, 12:56:41 PM

Everyone's eyes should be glued to the charts at this pivotal point.

Could you elaborate more please.
Daily and weekly Bollinger bands are at the tightest levels they've been at for years. This is in addition to the volume flattening out over a long time. A breakout here is likely to set the tone for the coming weeks and months.



Considering that daily PSAR is bearish and daily MACD turned negative, while price is hugging the lower daily BB, the likely scenario is bearish.

Bearish scenario is too obvious...so up UP!  Grin
ChartBuddy
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May 31, 2015, 12:57:28 PM

Coin
Explanation
inca
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May 31, 2015, 12:59:16 PM

Lots of bears waiting to click the margin sell button..lol

Off to the gym. Let's see some real shock and awe please.

Oh and Jammalayan: confusing your own poor disposable cashflow with everyone being poor and having no ability to buy a few coins a week is pretty stupid considering the distribution of wealth on this forum! Take off your blinkers!

Edit: love that 554 coin wall on finex..Smiley
Wandererfromthenorth
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May 31, 2015, 01:04:40 PM

Soon™





https://www.youtube.com/watch?v=NBdhAywbgrI



 Grin
inca
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May 31, 2015, 01:13:01 PM

Wall to disappear in 3 2..Smiley
Fatman3001
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May 31, 2015, 01:14:14 PM

I wouldn't mind a bounce to $600-$850 right now.
inca
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May 31, 2015, 01:18:54 PM

Non nom nom

And given up Wink
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May 31, 2015, 01:20:02 PM

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May 31, 2015, 01:20:05 PM
Last edit: May 31, 2015, 02:51:59 PM by yefi


Grin I await the re-emergence of the Beast from his slumber. Brimstone shall rain from the skies like spears and great chasms swallow the weak like strumpets.
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May 31, 2015, 01:28:17 PM

So the Gavin 'news' has devastated the bitcoin community & sent the price into free fall.
Free fall to the tune of 5 whole US dollars.
Oh no, whatever will we do, bitcoin is dead, double digits incoming etc etc, 'insert more pathetic FUD, sinking ships, ponies'.
Somebody wake me up if there's actually anything to worry about.
inca
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May 31, 2015, 01:31:29 PM

So the Gavin 'news' has devastated the bitcoin community & sent the price into free fall.
Free fall to the tune of 5 whole US dollars.
Oh no, whatever will we do, bitcoin is dead, double digits incoming etc etc, 'insert more pathetic FUD, sinking ships, ponies'.
Somebody wake me up if there's actually anything to worry about.

No one has a crystal ball but if bitcoin is failing then why are companies investing hundreds of millions into the space? Why would NY be about to issue regulation? Why would a top tier regulator be about to open a virtual currency consulting firm?

If bitcoin is actually fine and is going to rally this year then this looks like a pretty fabulous entry!

Ediy: missus finally ready..gym!
Fatman3001
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May 31, 2015, 01:31:52 PM

So the Gavin 'news' has devastated the bitcoin community & sent the price into free fall.
Free fall to the tune of 5 whole US dollars.
Oh no, whatever will we do, bitcoin is dead, double digits incoming etc etc, 'insert more pathetic FUD, sinking ships, ponies'.
Somebody wake me up if there's actually anything to worry about.

It's the middle of the day. I didn't know scousers took siestas.
luckygenough56
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May 31, 2015, 01:36:15 PM

I FEEL BEARISH
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May 31, 2015, 01:48:43 PM

Scariest thing right now is the volume, let's hope the outcome isn't going to be bearish.
Fatman3001
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May 31, 2015, 01:54:22 PM

Scariest thing right now is the volume, let's hope the outcome isn't going to be bearish.

It sure ain't healthy.
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