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

[Nosk]

I think I found the safest way to hodl.

[gembitz]

I want to know Roger's feeling now.
BitcoinCash = 500$

$875 where I'm tarding

50 cent?    weee

[Bitcoinaire]

The price will probably stick at $6666 for a while.

Dang, just like 2014 but with an extra 6...........

[greensheep]

The price will probably stick at $6666 for a while.

Seems like floating around 6800, trying to go higher, but stable
Curious what tomorrow will bring, hope there is some good news from that American governement meetup.

[lightfoot]

I think the meetup has been postponed till the 14th. Bummer.

[User705]

The price will probably stick at $6666 for a while.

Seems like floating around 6800, trying to go higher, but stable
Curious what tomorrow will bring, hope there is some good news from that American governement meetup.

Wow sad satate of bitcoin to hope for good news from US gov.

[HairyMaclairy]

The price will probably stick at $6666 for a while.

Seems like floating around 6800, trying to go higher, but stable
Curious what tomorrow will bring, hope there is some good news from that American governement meetup.

The text of the testimony has been released.  It is largely ok. Basically scams need to be stamped on but the securities regulator does not want to stop innovation.

[marcus_of_augustus]

THIS IS IT!!!!

https://youtu.be/wYlptbR0Dkw

[megadeth]

Multi year bear ?

[Nosk]

I was just about to push the sell button when suddenly, +200€. Come on, fly again ! ...please !

[TERA2]

The price will probably stick at $6666 for a while.

Dang, just like 2014 but with an extra 6...........

6666 is way to oversold for it to settle there right now. first will have to be a bounce to 12K and then another decline to well below 6K, before it settles at 6666. Keep in mind the ATH in 2013 was 1200, not 2000.

[fabiorem]

6666 is way to oversold for it to settle there right now. first will have to be a bounce to 12K and then another decline to well below 6K, before it settles at 6666. Keep in mind the ATH in 2013 was 1200, not 2000.

So much blood, so much sacrifices... when Karhu will be appeased?

[RoomBot]

The price will probably stick at $6666 for a while.

Dang, just like 2014 but with an extra 6...........

6666 is way to oversold for it to settle there right now. first will have to be a bounce to 12K and then another decline to well below 6K, before it settles at 6666. Keep in mind the ATH in 2013 was 1200, not 2000.

Only at GOX.

BTC never went over $1100 in USA / European Exchanges

[BtcMan2009]

The price will probably stick at $6666 for a while.

Seems like floating around 6800, trying to go higher, but stable
Curious what tomorrow will bring, hope there is some good news from that American governement meetup.

Wow sad satate of bitcoin to hope for good news from US gov.

On the news there is nothing good, it's a little alarming. But the level of 6k really wonderful, at least near the truth. Very similar that goes out near the hearth.

[RoomBot]

The price will probably stick at $6666 for a while.

Seems like floating around 6800, trying to go higher, but stable
Curious what tomorrow will bring, hope there is some good news from that American governement meetup.

Wow sad satate of bitcoin to hope for good news from US gov.

On the news there is nothing good, it's a little alarming. But the level of 6k really wonderful, at least near the truth. Very similar that goes out near the hearth.

Are you drunk....tooo?

[e-coinomist]

Fear of catching a falling knife: too many false floors already, so almost nobody wants to take the risk.

There is no floor. This is the final Fail.

[TERA2]

Biggest 12H volume since November.

Karhu will not be pleased if he brings it down more and a bunch of cheap coins are bought. Karhu wants to bring it up and trap the buyers at 12K and THEN drop it so they can really feel the pain.

[Vin]

Fear of catching a falling knife: too many false floors already, so almost nobody wants to take the risk.

There is no floor. This is the final Fail.

The same procedure as every year.
Miss Sophie

[toknormal]

I find this indication quite interesting. It's the 1-Week MACD histogram for Bitcoin/USD. The thing is, I've NEVER seen it go so deep on the very first bar before. The only thing I've seen close to it is Monero crash in Autumn 2016 and even that was slower than this Bitcoin crash.

For me it lends credence to the idea that the market is being actively co-erced down to a pre-defined level by the same holders who hoovered up the coin on the way up. They may be playing both markets in concert (futures and cash). What may happen then is once they're ready to cover in the future's market they'll do the same thing in reverse - i.e. go long in futures, then come back to the cash market and drive it up to kingdom come, collecting cash in the futures market and bitcoins in the cash market. In this way the "institutionals" can strip ordinary traders of their holdings over time and build their positions.



This article seems to lend some credence to that idea:

[marcus_of_augustus]

https://www.youtube.com/watch?v=Elyfo1DIlzs

Multi year bear ?

https://www.zerohedge.com/news/2018-02-05/it-traders-panic-xiv-disintegrates-after-close

some crazy flash-crashes blowing up behind the scenes ... those kinds of places where all the risk has been swept under the rug into using oh-so-clever derivatives and futures plays .... the places that risk gets hidden so well that nobody-can-knows where the systemic risk is any longer.