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

[Asrael999]

Edit:  great buying guys !  Bottom of the wedge !!  ....  /hide

Or about to take a dive  

Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand.

The whales are letting the market to cool off after their pump and dump. Calculating profits   As soon as they're sure all weak hands are out they'll pump again.

We aren't even close to the weak hands being forced out yet. This is shaping up to be another 2014/15. Put the screens down and check back in two years

Why do you say that?

I think that any weak hands would have been forced out long ago, when the price dropped to 9k.

weak hands are gone IMO as well.

But the semi weak hands are still in .... but maybe let them stay in 

There is still to much hope in this forum. 

[Last of the V8s]

Taking off now .... This means 10h and 10 minutes off No price checking..... i know looking doesn’t change anything but i love to price check the energy complete out of my phone 

Happy hols! Where are you off to? Thailand?

Cryptos market will be boring until March.
Lets be patience.

Boring, but still tradeable. Or you could set up a full node...
To become patient, we must be patience; I like it.
Or did you mean 'Let's play patience'? I prefer the paperclips thing, but each to his own.
http://www.decisionproblem.com/paperclips/index2.html



meanwhile, Samsung and chips
https://www.newsbtc.com/2018/01/30/samsung-south-koreas-largest-company-manufacturing-asic-chips-bitcoin-mining/

[bitcoinPsycho]

Edit:  great buying guys !  Bottom of the wedge !!  ....  /hide

Or about to take a dive  

Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand.

The whales are letting the market to cool off after their pump and dump. Calculating profits   As soon as they're sure all weak hands are out they'll pump again.

We aren't even close to the weak hands being forced out yet. This is shaping up to be another 2014/15. Put the screens down and check back in two years

Why do you say that?

I think that any weak hands would have been forced out long ago, when the price dropped to 9k.

weak hands are gone IMO as well.

But the semi weak hands are still in .... but maybe let them stay in 

There is still to much hope in this forum. 

Btc price this time last year around $1000 price today$10825  what's to be negative about?

[luckygenough56]

i think we may have just broke the triangle down

[fabiorem]

Two things can happen now: either we go sideways until the end of february, or we go sideways for two years.

Market is in hybernation. We just dont know for how long.

[luckygenough56]

Two things can happen now: either we go sideways until the end of february, or we go sideways for two years.

Market is in hybernation. We just dont know for how long.

convenient thinking only sideways can happen lol? What about down.

i certainly don't want to buy at 10k and i'm sure i'm not the only one.

[fabiorem]

convenient thinking only sideways can happen lol? What about down.

What about up?

Everytime some whale try to push it down, people go there and buy it, and the price goes up again.

Then they try it again, and people buy once more.

That's why it will go sideways.

[Rosewater Foundation]

Such fun

[greensheep]

why is coinbase having such weird spikes on the drop times?
I find this strange that they are situated all at the botom too

http://data.bitcoinity.org/markets/spread/24h/USD?c=e&f=m10&r=minute&st=log&t=l

[JayJuanGee]

Such fun

I did have one BTC buy order fill in the past hour based on this downward BTC price movement, yet I still have 4 more BTC buy orders in the lower $10k arena that are still pending and then another 4 more in the lower $9k arena  that would be pending on the buy side, thereafter.

Nail-biting?   What is going to happen?

I do feel about 50% more poor from out $19,666 price arena, even while I feel 10x more rich from last year.

Could not be that bad for those of us BTC HODLers who have been "in" for more than a year, correct?

[JayJuanGee]

why is coinbase having such weird spikes on the drop times?
I find this strange that they are situated all at the botom too

http://data.bitcoinity.org/markets/spread/24h/USD?c=e&f=m10&r=minute&st=log&t=l

Could be from the thinning of the order books, which tends to be something that happens during volatile times and considerable price movements.

If bear whales are becoming successful to get some of the buy orders off the books on one or more exchanges, then they can be successful to push the price down.  Still not a certain thing, but larger price spreads seems to be sign of a dynamic and potentially explosive market.

[vexbuy]

The strange part about all this is that the possibility to continue to another ATH is still not completely off the chart and could fit the previous pattern..

What would the timeframe for an ATH be though?

[mike4001]

The strange part about all this is that the possibility to continue to another ATH is still not completely off the chart and could fit the previous pattern..

What would the timeframe for an ATH be though?

Maybe at the next Halving in 2020.

We went below 10,5k again. Anyone thinking this will change anytime soon is purely speculating and trying to get others to buy.

[mindrust]

We have 3 choices now.

We either go up, down or sideways. There simply isn't another way. If you don't agree you are a bcash shill.

[sirazimuth]

We have 3 choices now.

We either go up, down or sideways.

Well I’ll go out on a limb here and say yeah ,you pretty much
covered all the bases there bro....

[jojo69]

I am not finding this breakdown of the line from the 17th convincing.

Unconvincing shake?

now I find it convincing

support around 9800 GDAX

[gentlemand]

This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.

[Arriemoller]

We have 3 choices now.

We either go up, down or sideways. There simply isn't another way. If you don't agree you are a bcash shill.

https://youtu.be/mzJmTCYmo9g?t=117

[jojo69]

bounce off the 200 here?

[romneymoney]

This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.

That's when I started buying so I remember it well.  I've thought the same many times.