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

[Dotto]

Price continues to follow the downward movement from last year, and the "bull run" of the last 5 months is now flat.

I predict some major movement happening around 11 june, in 24-48h. Based on what?

One. This:




Second. It will sound too much esoteric to most of you, but mercury finish retrograding tomorrow. The hobbist astrologers know what it means. I´m going long. Good luck!

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[DaRude]

Someone is throwing a lot of coins for $230 at Finex. Guess they're looking for that bull that's been known to show up around this time

[Norway]

Just bought moar bitcoins! Haven't done it in 5 months because I didn't have the fiat. But now, I'm back on the accumulation train! It's a good feeling. I love to save!!!

[findftp]

Price continues to follow the downward movement from last year, and the "bull run" of the last 5 months is now flat.

I predict some major movement happening around 11 june, in 24-48h. Based on what?

One. This:




Second. It will sound too much esoteric to most of you, but mercury finish retrograding tomorrow. The hobbist astrologers know what it means. I´m going long. Good luck!

Can you tell me what those colored lines mean?

Nevermind, I already found out

[Elwar]

The next 24 hours are critical!

[barbs]

I'm so hard right now!

[ChartBuddy]

Coin
Explanation

[Fatman3001]

Bought another 1.5 bitcoin earlier, I just figure that even if we don't go to the moon then buying in now it's still easily achievable to double your money by the time the next halving comes.
My priority is to HODL my stash, it's what I've done since the very first day I entered the world of bitcoin but seriously people now is a great time to buy in.
Interest rates in banks are embarrassingly low, bitcoin is the perfect way to make a great return on your money especially now when the price is low. I'm thinking we'll reach at least 400 USD as a result of the next halving so what are you waiting for?
BUY BUY BUY !!!!!!

Dear Bull,

Thank you for your money. Please come again.

Love,

Smart Trader

sounds like he shagged you

Nope, but that was your mom.

Oh, I forgot, you have 2 fathers, sorry.  

You were shagged by my 2 dads as well?
 
I knew bears had it bad, but that's rough!

[LFC_Bitcoin]

Just bought moar bitcoins! Haven't done it in 5 months because I didn't have the fiat. But now, I'm back on the accumulation train! It's a good feeling. I love to save!!!

Good man, keep buying with spare money that you can afford to put aside.
In a way these cheap prices are great, it allows us to keep buying whilst coins are affordable.
Obviously I want the price to explode & go to the moon but on the other hand it's nice to keep adding to our stashes, maybe another couple of months in the 200's is a good thing before we enter a bull market

[Norway]

Good man, keep buying with spare money that you can afford to put aside.

[cyclotronmajesty]

Hm.... I had it good but then ... trying to trade on my smart phone ... fucked it up.

Bitfinex thought I was buying at market. I was telling it to buy at stop. ><

Then it thought I sold it. I was telling it to sell at stop.

God dammit.

[fred930]

Hm.... I had it good but then ... trying to trade on my smart phone ... fucked it up.

Bitfinex thought I was buying at market. I was telling it to buy at stop. ><

Then it thought I sold it. I was telling it to sell at stop.

God dammit.

I appreciate you sharing your experience of attempting to trade on a smart phone. I had a brief look at the trading apps from various exchanges and was considering trying them. Now I'm going to stick to using a laptop for trading.

Using Bitfinex's app sounds like a nightmare.

[cyclotronmajesty]

Big sell walls but no buy walls.

[cyclotronmajesty]

Hm.... I had it good but then ... trying to trade on my smart phone ... fucked it up.

Bitfinex thought I was buying at market. I was telling it to buy at stop. ><

Then it thought I sold it. I was telling it to sell at stop.

God dammit.

I appreciate you sharing your experience of attempting to trade on a smart phone. I had a brief look at the trading apps from various exchanges and was considering trying them. Now I'm going to stick to using a laptop for trading.

Using Bitfinex's app sounds like a nightmare.

Actually in all honesty I was using the website through the smartphone. I wasn't using the app. Also I was pissed off and nervous... may have had something to do with it. The universe hates you if you are pissed off and nervous... so shit happens always at those times.

But I noticed in the app all they seem to allow is limit / market buy and sell? WHY the fuck isn't there the other type orders on there?

I'd not bother risking API getting stolen unless there is a incentive.

[ChartBuddy]

Coin
Explanation

[cyclotronmajesty]

So what is a reasonable resistance level?

1500 coins? Anything before that seems a little flimsy to me.

notice 229 sell orders on bitfinex... goes from 76 to 1700 coins.

THAT is resistance. Nothing comparable on the buy side right now.

[nioc]

Buy 3 btc or repair my car?

Car repaired.

I just bought some BTC. Think I'll go over to a forum about VWs and tell them this relevant piece of information.

instead of buying 2 BTC today I am paying off a small debt.  if you could once more make up for my short fall by buying some BTC it would be much appreciated.

[Morecoin Freeman]

From here back to 226 is realistic. So there is not much to worry really.
If you do not feel comfortable trading, holding for the next couple of months is not a bad idea at all.

Best of luck to all bitcoin enthusiast.