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

[Tstar]

Why don't you build bridges, buildings and fountains with CAD instead of tracing lines on a chart? 

IMO I don't see 500$ much close these days anymore. We need another China momentum and that does not happen every day.

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[LFC_Bitcoin]

Why don't you build bridges, buildings and fountains with CAD instead of tracing lines on a chart? 

IMO I don't see 500$ much close these days anymore. We need another China momentum and that does not happen every day.

You don't see 500 these days?

It was 500 literally 7-10 days ago.

[Elwar]

Looks like price discovery right now. In these conditions anything can happen.

[marcus_of_augustus]

Looks like price discovery right now. In these conditions anything can happen.

obvious the pump was on again when the newbie troll-bear posts stopped raining down their FUD and BS ...

[Tstar]

Why don't you build bridges, buildings and fountains with CAD instead of tracing lines on a chart? 

IMO I don't see 500$ much close these days anymore. We need another China momentum and that does not happen every day.

You don't see 500 these days?

It was 500 literally 7-10 days ago.

I wanted to say for the NEXT days.

[mymenace]

has the trap sprung



lets see

1 week macd could still be looking for more green before the end of the week

more green, more green

trap seems to be closing

[axxo]

Another unpredictable pump only the whales knows when to dump. Give us a warning sign...

[ChartBuddy]

Coin

Explanation

[Oblodo]

BTC sure is one hell of a ride...

[marcus_of_augustus]

BTC sure is one hell of a ride...

huge volatility, could be legitimate precursor to a huge move coming, either first leg (breakout) up in a massive wave taking us to new ATH, moon, sex, guns, rock 'n roll, blah-de-blah, etc ... OR pits of zool $10 bitcoinz dead, infested with herpes and beartrolls and bankster-crims 4eva, etc.

bitcoin has got it all, the dregs and outcasts from every fringe group dark and grey money actors all over the globe vying for control, russian-hacker cockroaches, libertarian dark-market ideologues, israeli wire-fraud and bank hackers, wall st. big time crims and politician shakedown sewer rats, london city spiv futures rogue traders ... on an open permissionless platform, innoculation is too kind of a word for what it is going through, some extremely violent system stress testing.

[Morecoin Freeman]

GOING FOR 350

So Morecoin Freeman, you called this like a demon.

What now?

Was $300 the bottom?

A fucking shit ton of shorts will be needing to exit their trades.....Finex short positions still up at 18K BTC.

In my opinion we are still on the way down (bigger picture).
I think $300 will hold for now and we could see the price move towards ~$350 before the next move down.
This will take multiple days.

Where will the downtrend bottom out and reverse? I don't know yet.
I'm not too sure about exact values. I'm a lot more sure about the bigger picture here.

[Meuh6879]

Ah, crap ... i have miss the good price (vacancy day). 

[koryu]

Ah, crap ... i have miss the good price (vacancy day).  

euro is fucked up, I am watching my euros going down against usd and wish I would have bought more bitcoins in the 200s in october

[dreamspark]

This thread is mind boggling. Of course the markets are manipulated when only a few thousand of the same BTC are traded backwards and forwards. Trading is a self fulfiling prophecy and those that have the most clout can be wrong as well. Just look at how much those big whales lost on OKC in the last few days.

Of course the USMS didnt pump the price.

We over extended after finally breaking out of a year long range and we had a very healthy correction to retest old resistance areas. That simple.

Dont be suprised to be passing $500 in the next few weeks or to find ourselves a new range between 290-390.

[BlindMayorBitcorn]

This thread is mind boggling. Of course the markets are manipulated when only a few thousand of the same BTC are traded backwards and forwards. Trading is a self fulfiling prophecy and those that have the most clout can be wrong as well. Just look at how much those big whales lost on OKC in the last few days.

Of course the USMS didnt pump the price.

We over extended after finally breaking out of a year long range and we had a very healthy correction to retest old resistance areas. That simple.

Dont be suprised to be passing $500 in the next few weeks or to find ourselves a new range between 290-390.

Don't forget the little extra MMM global pyramid on top for flavour.

[ghandi]

bull trap is closing

[ChartBuddy]

Coin

Explanation

[koryu]

Would like to buy more but I think its too risky to buy and also too risky to sell    

So I will save my money to defend these lines, just in case...

[arandy]

Would like to buy more but I think its too risky to buy and also too risky to sell    

So I will save my money to defend these lines, just in case...

If you don't believe bitcoin will fail then it's always a good time to buy as a long term investment
If you need to make some quick bucks it's very hard indeed right now.

[WoJJ78]

I hope for a drop in price, only because it drags down LTC with it so I can get them for cheap  No but I do hope next year will be better with the halving of BTC.