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Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 2 (3.2%)
$10,501-$11,000 - 13 (20.6%)
$11,001-$11,500 - 19 (30.2%)
$11,501-$12,000 - 8 (12.7%)
$12,001-$12,500 - 7 (11.1%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (7.9%)
Total Voters: 63

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22478564 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. (148 posts by 37 users deleted.)
luckygenough56
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January 30, 2018, 01:30:11 PM

i think we may have just broke the triangle down
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1600850924
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fabiorem
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January 30, 2018, 01:33:16 PM

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
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January 30, 2018, 01:35:37 PM

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
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January 30, 2018, 01:38:00 PM

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
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January 30, 2018, 01:42:48 PM

Such fun Sad
greensheep
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January 30, 2018, 02:11:18 PM

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
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How much alt coin diversification is needed? 0%?


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January 30, 2018, 02:27:36 PM

Such fun Sad

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
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January 30, 2018, 02:30:34 PM

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
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January 30, 2018, 02:33:59 PM

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
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January 30, 2018, 02:56:17 PM

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
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January 30, 2018, 03:03:38 PM

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.
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January 30, 2018, 03:19:33 PM

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....
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January 30, 2018, 03:27:52 PM

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
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January 30, 2018, 03:37:43 PM
Merited by yefi (1), LFC_Bitcoin (1), RejectedBanana (1)

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
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January 30, 2018, 03:42:40 PM
Merited by yefi (1)

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
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January 30, 2018, 03:57:40 PM

bounce off the 200 here?
romneymoney
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January 30, 2018, 03:58:06 PM

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.
RejectedBanana
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January 30, 2018, 04:07:35 PM


So how worried should we really be about this imminent Tether implosion?

https://mashable.com/2018/01/29/bitcoin-tether-stablecoin-alleged-scam/

Anyone taking measures?
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January 30, 2018, 04:12:54 PM

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.

I’m a long term HODLER but in that scenario I’d be seriously increasing my stash again. Weak hands are pathetic but there’s always an opportunity to capitalise on other people being pathetic.
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January 30, 2018, 04:38:15 PM
Merited by JayJuanGee (1)

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.

I think we've pretty much hit the bottom. For those who bought at 18k, expecting to get rich quick, a drop to 9k is more than enough shock to shake those people off.

Transaction costs are also no longer an issue, and speed is up. FUD is down too, since South Korea just added some regulations. We just had over 50% correction. A larger correction makes no sense since the run-up was nowhere near as sudden as back in 2013.

Just scooped up some more BTCs near 10k. Have a bit left in reserve to buy if it drops to ~8k.
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