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Question: How would you classify yourself right now? (credit: VB1001)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21451797 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. (135 posts by 29 users deleted.)
Chevas Regal
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June 15, 2017, 04:41:48 AM

So the maths happened.. parabolic has to complete its cycle before.. moving upward.. it will surely cross 3000 usd level but after completing this parabolic cycle... and it has to come down to anywhere between 1300 to 1500 usd level... which is 61.8% to 78.8% retracement of this parabolic move ... over 8 weeks.

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BurstIncomeAsset
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June 15, 2017, 04:48:13 AM

Never thought that it BTC will crash below 2400$ this quarter of year Sad, all i did was holding fuckin LTC to let the bubble burst.... Dang..

$600 ago Bitcoin was the future. I wonder what it is now.  Tongue


Bigger the rise, bigger the expectations and bigger the disappointment when price does anything else than a straight line to the moon
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June 15, 2017, 04:55:12 AM

So the maths happened.. parabolic has to complete its cycle before.. moving upward.. it will surely cross 3000 usd level but after completing this parabolic cycle... and it has to come down to anywhere between 1300 to 1500 usd level... which is 61.8% to 78.8% retracement of this parabolic move ... over 8 weeks.



I like your chart, but it's never hitting $1500. Ever.
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June 15, 2017, 05:12:00 AM

So the maths happened.. parabolic has to complete its cycle before.. moving upward.. it will surely cross 3000 usd level but after completing this parabolic cycle... and it has to come down to anywhere between 1300 to 1500 usd level... which is 61.8% to 78.8% retracement of this parabolic move ... over 8 weeks.



I like your chart, but it's never hitting $1500. Ever.

You know what they say, never say never, Finex longs are around $70MM all time high, shorts are down to BTC15K  more than half from all  time high in April. If longs will start getting squeezed it won't be pretty  Cry
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June 15, 2017, 05:23:25 AM

Now we have a bunch of n00bs who just bought bitcoins for the first time thinking "I thought the price only goes up 10x".

I'm hoping most of these morons bought ethereum.  Cool
luckygenough56
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June 15, 2017, 05:57:41 AM

who the f didn't sell at 3000 ?  Cheesy
Asrael999
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June 15, 2017, 06:00:04 AM

and this is why crypto is not a "store of value"
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June 15, 2017, 06:04:09 AM

who the f didn't sell at 3000 ?  Cheesy

Me.

But I didn't sell at 2800, 2600, 2400 either for that matter....
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June 15, 2017, 06:07:28 AM

BitmainCoin will be toast. Roger Ver, you scumbag rat cocksucker, get rekt.
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June 15, 2017, 06:08:57 AM

BitmainCoin will be toast. Roger Ver, you scumbag rat cocksucker, get rekt.

maybe but they will also have the hashpower so....
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June 15, 2017, 06:13:42 AM

So the maths happened.. parabolic has to complete its cycle before.. moving upward.. it will surely cross 3000 usd level but after completing this parabolic cycle... and it has to come down to anywhere between 1300 to 1500 usd level... which is 61.8% to 78.8% retracement of this parabolic move ... over 8 weeks.



I like your chart, but it's never hitting $1500. Ever.

You know what they say, never say never, Finex longs are around $70MM all time high, shorts are down to BTC15K  more than half from all  time high in April. If longs will start getting squeezed it won't be pretty  Cry
In that case, that is exactly what will happen. Gonna sleep on it, see where the price is a bit later.
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June 15, 2017, 06:16:04 AM

Bubble has most probably popped. Get ready for a global crypto bear market.
luckygenough56
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June 15, 2017, 06:20:41 AM

and congratz for who sold at 3000 enjoy the holidays
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June 15, 2017, 06:25:30 AM

and congratz for who sold at 3000 enjoy the holidays

Actually, congrats to those buying this dip, we may never see 2K again.
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June 15, 2017, 06:28:04 AM

and congratz for who sold at 3000 enjoy the holidays

The way things seem to go right now, I think the price will recover over the next few days.
It is obviously a joke that the price can fall 25% for no reason so frequently, but c'est la vie!

I didn't sell at $3000, though I have been looking to sell a very small amount.  I keep waiting, then waiting but I am too afraid to miss out should the price continue to rise.

Let's see how it goes from here, even $2000 is a very high price historically.
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June 15, 2017, 06:28:27 AM

bought few around 2200, will buy more if it gets lower
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June 15, 2017, 06:29:30 AM

Bubble has most probably popped. Get ready for a global crypto bear market.

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June 15, 2017, 06:32:26 AM

Bubble has most probably popped. Get ready for a global crypto bear market.



Yeah so BIG bitcoin bubble



It's all about perspective Wink
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June 15, 2017, 06:39:19 AM

Scalping here. Tight stop, already went down alot today.



Covered here. Pretty sure it won't go much lower, at least for today.

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June 15, 2017, 06:45:52 AM

So the maths happened.. parabolic has to complete its cycle before.. moving upward.. it will surely cross 3000 usd level but after completing this parabolic cycle... and it has to come down to anywhere between 1300 to 1500 usd level... which is 61.8% to 78.8% retracement of this parabolic move ... over 8 weeks.



This is a good analysis if you are looking for a long term long at around the ~$1200 level or so. However its too early to tell if we will be getting any mid-term bearish action. Shorting based on this is not a good indicator.

Tomorrow, all of todays moves could easily be reversed as it was in the past. We are still in a strong bull market.

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