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

[Phil_S]

Hasn't Phil_S been spouting out down statements for at least a couple of months now?

Hmm... no. You're mixing me with someone else.

O.k.... fair enough...

Even if you have not been predicting BTC down... you still did say sideways... so, that seems a bit presumptuous, even though such sideways could be possible .. and even down is possible... but like I already mentioned, I don't really see any conclusive evidence of waning interest that suggests that it is more likely that we are in a 2014 scenario as compared with a early 2013 scenario.. even though there are others who are suggesting deadness for the next several months and even a need to correct down to $3k-ish.

Hmm... no, I didn't say sideways. I said "we might spend a second third of 2018 inching back to 1/1/2018 levels". That's not sideways. And you saw my graph with a tiny train. That "cute straight line" going where?

[STT]

How much did the price increase during the last halvenings?

Markets never work like this, because it was a well known event the price rose before.    When actual halfening occurred, the price fell or was weaker for a while at least.   Too much anticipation for an event which is gradual and accumulates on the lower block reward.
However some of the rise going through 2017 is attributable to the reduced supply via lower block reward, its not as obvious but its part of the background story.    Same as when I'm bullish on BTC when the fees are lower, it help raise participation.


Price is very bullish through lines of resistance, 9k hold looked good from the start and this big bar confirms a break up past previous negative action. Looks positive to me

[HairyMaclairy]

Where did that little candle come from?

Holy stop hunter

[JayJuanGee]

Hasn't Phil_S been spouting out down statements for at least a couple of months now?

Hmm... no. You're mixing me with someone else.

O.k.... fair enough...

Even if you have not been predicting BTC down... you still did say sideways... so, that seems a bit presumptuous, even though such sideways could be possible .. and even down is possible... but like I already mentioned, I don't really see any conclusive evidence of waning interest that suggests that it is more likely that we are in a 2014 scenario as compared with a early 2013 scenario.. even though there are others who are suggesting deadness for the next several months and even a need to correct down to $3k-ish.

Hmm... no, I didn't say sideways. I said "we might spend a second third of 2018 inching back to 1/1/2018 levels". That's not sideways. And you saw my graph with a tiny train. That "cute straight line" going where?

sideways?  hahahahahaha  or maybe gradualism?  bitcoin no work like that, right?  bitcoin no follow chart, right?

Edit: I just looked back at those posts, and I see that I already responded to both your train on a slope chart and then your subsequent "quiet bitcoin" assertion post.

[petahashminer]

Where did that little candle come from?

Holy stop hunter

i think this is an exact example of FAT finger. 

[HairyMaclairy]

Surely you can’t have a fat finger in two directions.

[bitserve]

Wow, that perfect clearing of tight positions!

[Karartma1]

In the last few weeks that looks like a pattern to me  fat finger or not, that's manipulation simple and clean. maybe tether shit all the way.
but who am I to say this

[El duderino_]

[luckygenough56]

dat bleep on bitfinox very natural lol

[HairyMaclairy]

One minute chart indicates a dump to $8750 followed by a market buy to $9500 on BFX.  

[FractalUniverse]

2k sold in 1 minute and 7k bought the minute after it? weird
 but im not complaining. at least its not moving sideways for whole weekend again

[bitserve]

dat bleep on bitfinox very natural lol

It might in fact be "natural".... Let's say a BIG short is liquidated raising the price to 9500 which could be a profit taking price for some... if they have profit taking market orders... BOOM all the way down to 8750 if we consider the stop losses being hit on the way. And then, another big lot of buy orders get triggered raising the price again (which is easy with the thin order book after being completely clreared).

Of course it could also be "intentional" (move the market violently to trigger the chain reaction) but that doesn't change anything.

[toknormal]

Here's how things pan out from here long term:

[ivomm]

One minute chart indicates a dump to $8750 followed by a market buy to $9500 on BFX.  

Bear: Ouch! This is nothing else but my favorite gif:

[bitserve]

Here's how things pan out from here long term:

WTF is that shit?

As JJG would say... Get the fuck outta here!! 

[toknormal]

One minute chart indicates a dump to $8750 followed by a market buy to $9500 on BFX.

That's where the gazillion Tethers printed up out of thin air the other day went then.

[JayJuanGee]

Here's how things pan out from here long term:

Go back and study bitcoin fundamentals a bit more, toknormal.  You remain too bearish.        


Edit:  Bitserve took the words right out of my mouth, and beat me to it.

[LFC_Bitcoin]

Here's how things pan out from here long term:

Go back and study bitcoin fundamentals a bit more.  You remain too bearish.        


Edit:  Bitserve took the words right out of my mouth, and beat me to it.

$19,000 in 2022?

Lol as my pal JJG would say, ‘Get the fuck outta here’.

[pacman7331]

One minute chart indicates a dump to $8750 followed by a market buy to $9500 on BFX.  

Yea I lost my position there. And shorted. And then had to close that.

I think bitfinex should be considered a total and complete black market scam artist exhange.

And honestly, people should go to their headquarters and physically hurt those people.

I asked for a refund. I’m sure the scam artists too scammy for even China will simply delete my email or respond with some auto-bot response.

Honestly if I was a whale i’d probably hire a PI and a hit man. I’d get revenge on these fukin gangsters.