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Question: When will we see a new ATH?
2023 - 50 (24%)
2024 - 84 (40.4%)
2025 - 56 (26.9%)
2026 - 4 (1.9%)
2027 - 2 (1%)
After 2027 - 3 (1.4%)
Never - 9 (4.3%)
Total Voters: 208

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26083775 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. (170 posts by 5 users with 9 merit deleted.)
El duderino_
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October 16, 2018, 06:43:08 PM

now i see bob ..... i'm thinking where's that purple/pink looking had the f*** @  Wink

xhomerx you gonna have some work still  Shocked

maybe create a classic one (infofront-trump-btc-and some shit in one as well?)
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Last of the V8s
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October 16, 2018, 06:48:07 PM
Merited by kirreev070 (1)

Drums in the deep.  Mempool rising.

It's Bitmain shit-fuckery with them mining empty blocks, backing things up again.


Your fud has no power here
xhomerx10
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October 16, 2018, 06:50:12 PM

now i see bob ..... i'm thinking where's that purple/pink looking had the f*** @  Wink

xhomerx you gonna have some work still  Shocked

maybe create a classic one (infofront-trump-btc-and some shit in one as well?)


 mic, I need the larger size image of your avatar to make you a hat.
Icygreen
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October 16, 2018, 06:53:07 PM

If there's a green one in there...  Grin
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October 16, 2018, 06:54:11 PM

If there's a green one in there...  Grin

 an icy green one? Smiley 
El duderino_
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October 16, 2018, 06:54:47 PM

now i see bob ..... i'm thinking where's that purple/pink looking had the f*** @  Wink

xhomerx you gonna have some work still  Shocked

maybe create a classic one (infofront-trump-btc-and some shit in one as well?)


 mic, I need the larger size image of your avatar to make you a hat.



actually i wasn't direct asking, but yeah there nice so THX for the effort Grin

just on this pic the dog looks crazy (but on normal pic's she looks good) haha

bitmover
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October 16, 2018, 06:57:16 PM

I don´t post here a lot, but I am always reading, to know what´s the sentiment/prediction about BTC.

As I read someday here, "in my totally unqualified vision" I believe we are at the bottom. We are stable for like 2 months at 6600. In my unqualified vision, it's a bullish indicator!
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October 16, 2018, 06:58:19 PM

https://theblockcrypto.com/2018/10/16/bitfinex-appears-to-have-moved-its-business-to-a-hong-kong-bank/
This morning, The Block exclusively reported that Tether is holding its USD reserves at Bahamas-based Deltec Bank, which seemed to have calmed the markets as Tether is now trading at $0.96 on Kraken.
can't keep up
the block now on my shit list
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October 16, 2018, 07:00:11 PM

OT: Jim Cramer puts foot in mouth again
https://www.cnbc.com/2018/10/16/cramer-stop-fed-mandated-slowdown-before-stock-market-tanks.html

So I guess rising interest rates will kill the stock market because everyone knows it can't rise on "great" fundamentals because the fundamentals are all complete shit? Right?

Go Bitcoin go. Let's end this fake fiat market bullshit.
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October 16, 2018, 07:05:05 PM

Making money in our time has become easy. We buy a cheap Tether, sell more expensive. On that he, as they say, and stable coin
El duderino_
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October 16, 2018, 07:12:08 PM

If there's a green one in there...  Grin

 an icy green one? Smiley 


haha right, by NOW you deserve a had of your own as well Grin
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October 16, 2018, 07:20:02 PM


In other news...



Not really news, when you posted the same story rehashed several times already.

Exactly!!!

Starting to seem like a story that is not related to this thread. 

At first, there might be questions about why is the bitcoin price moving?  Why is it moving in this direction or that direction?  How come it is still moving?  After a while, the initial "cause" whether actually liquidy related or FUD related becomes priced in, especially when it seems to have been rehashed FUD from more than a year, and repeated attempts to maximize on such. 


Further, the Tether topic might be become like the "china bans bitcoin" topic.  It loses effects with the passage of time, but still sometimes might work on the margins to push further to get passed a certain tipping point.
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October 16, 2018, 07:27:55 PM
Last edit: October 16, 2018, 07:44:39 PM by HairyMaclairy
Merited by infofront (1), Last of the V8s (1)

Your fud has no power here

Largest most recent spike into mempool green was October 5.  We had a small dump that day followed by Bart downward on October 10.  We are again creeping into green mem pool territory.

Currently shorts are rising fast (as shown by Bitmex funding rate going negative) and Bitfinex USD shorts being up 4.6% in the past 24 hours off already high levels (currently 34k).  

From a technical perspective we are at the outer boundaries of the meme triangle and due a push down.

The price is currently range bound in a narrow band which points to an explosive move to follow.

Taking into consideration that we have just had a failed rally, the most likely direction of travel is a short explosive move down.  Maybe to $6200 or $6100.   The alternative is another short squeeze which becomes more likely as Bitfinex shorts approach 40k if no downward movement by that point, although it’s hard to believe that many shorts will be using high margin and vulnerable to liquidation given the actions of the past 48 hours.  Stop hunts are always a risk.  

The mem pool data is just one factor in this analysis.  All the other points are indepently verifiable albeit TA is subjective by definition. 
If I had to make a price prediction, I would say $6200 within the next 4 days.  If more Tether FUD blows up, then all bets are off as a run on Bitfinex could easily cause another surge in price. 



Last of the V8s
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October 16, 2018, 07:39:19 PM

https://support.binance.com/hc/en-us/articles/360017955492
Binance Trading Strategy Competition - 37,000 BNB Giveaway!
The requirements of the Trading Strategy Competition

2) Withdrawals are not permitted during the competition period to remain eligible.


inb4 CZ has liquidity probs
d_eddie
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October 16, 2018, 07:48:09 PM

Meanwhile in Wall Street, the stock market is swinging like crazy.
+/- 2% daily movement looks a little like bitcoin. Nasdaq is +2.91% right now.
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October 16, 2018, 07:54:32 PM
Merited by bones261 (2), xhomerx10 (1), Torque (1), El duderino_ (1), HairyMaclairy (1)

Guys, I'm on the forum exactly one year. And this is very cool, the feeling is like I just created an account yesterday. It was a good time, Bitcoin was 20k (I hope this is only the beginning). I received a lot of new information and the thread Wall Observer BTC / USD has become one of the most popular for me. I will celebrate this event this weekend.
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October 16, 2018, 07:58:53 PM



Raja_MBZ
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October 16, 2018, 08:03:39 PM
Merited by kirreev070 (1)

Bullish divergence - something that I love & works out mostly.

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yes


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October 16, 2018, 08:08:11 PM

The divergence is not very strong. It would have been better if the last low was lower than the previous one.

Still no mans land for now.
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October 16, 2018, 08:09:34 PM
Merited by kirreev070 (1)

Guys, I'm on the forum exactly one year. And this is very cool, the feeling is like I just created an account yesterday. It was a good time, Bitcoin was 20k (I hope this is only the beginning). I received a lot of new information and the thread Wall Observer BTC / USD has become one of the most popular for me. I will celebrate this event this weekend.

Congrats, man. Wish you become a Hero Member this year.
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