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Question: When will we see a new ATH?
October - 16 (23.9%)
November - 10 (14.9%)
December - 22 (32.8%)
2022 - 11 (16.4%)
After 2022 - 8 (11.9%)
Total Voters: 67

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25443392 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. (157 posts by 13+ users deleted.)
El duderino_
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December 02, 2018, 06:08:08 PM



so where is your spot out there HODLER-LFC_bitcoin ? Grin
have to quote this myself but how the F*** is LFC jumping right NOW
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bitserve
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December 02, 2018, 06:17:09 PM

Good morning guys.

Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play.


The same resistance/support area's are still $4.220k/$3.772k   Breaking thru either direction is going to take some work and will bring a clearer signal to the market.  


Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?
Last of the V8s
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December 02, 2018, 06:17:21 PM

never in doubt. just toying with them. let them build up their dreams. then crush them like grapes.
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December 02, 2018, 06:18:35 PM

never in doubt. just toying with them. let them build up their dreams. then crush them like grapes.

pizdyets
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December 02, 2018, 06:25:39 PM

rekt Sad
El duderino_
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December 02, 2018, 06:26:38 PM

Who Huh
bitserve
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December 02, 2018, 06:28:38 PM

No
El duderino_
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December 02, 2018, 06:29:26 PM

This is fine
HairyMaclairy
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December 02, 2018, 06:38:56 PM

everybody
Spaceman_Spiff_Original
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December 02, 2018, 06:45:04 PM

trust me
BTCMILLIONAIRE
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December 02, 2018, 06:46:40 PM

Good morning guys.

Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play.


The same resistance/support area's are still $4.220k/$3.772k   Breaking thru either direction is going to take some work and will bring a clearer signal to the market.  


Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?
By that logic we would've been in a bull market since 6k. So no, I don't think closing around this level is necessarily bullish.

We've also been descending for the past few days since the last high (~4400) and 2h/4h/6h/12h charts look bearish more than anything. Can see either another drop, or a reversal that could be followed by either another drop or the beginning of the next bull market. In either case, a lot of people are going to get rekt trying to trade this.
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December 02, 2018, 06:50:15 PM

Good morning guys.

Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play.


The same resistance/support area's are still $4.220k/$3.772k   Breaking thru either direction is going to take some work and will bring a clearer signal to the market.  


Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?
By that logic we would've been in a bull market since 6k. So no, I don't think closing around this level is necessarily bullish.

We've also been descending for the past few days since the last high (~4400) and 2h/4h/6h/12h charts look bearish more than anything. Can see either another drop, or a reversal that could be followed by either another drop or the beginning of the next bull market. In either case, a lot of people are going to get rekt trying to trade this.

Yes, everyone is waiting for this market situation, it is a bit risky but if we stay above 4000$ it could go up to 5000$ and then go back to 3500$
(they will open many shorts)

This is what the market expects...

(Sorry I'm a rookie I can not put a picture)
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December 02, 2018, 06:52:56 PM


Riccardo "fluffypony" Spagni, luigi1111, NoodleDoodle, smooth, tacotime, Franciso "ArticMine" Cabañas, othe, [Keyser Söze]
/jk
bitserve
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December 02, 2018, 06:53:03 PM

Good morning guys.

Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play.


The same resistance/support area's are still $4.220k/$3.772k   Breaking thru either direction is going to take some work and will bring a clearer signal to the market.  


Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?
By that logic we would've been in a bull market since 6k. So no, I don't think closing around this level is necessarily bullish.

We've also been descending for the past few days since the last high (~4400) and 2h/4h/6h/12h charts look bearish more than anything. Can see either another drop, or a reversal that could be followed by either another drop or the beginning of the next bull market. In either case, a lot of people are going to get rekt trying to trade this.

It makes sense. I am not trying to trade this since what I do is mostly scalping and currently I think that the price is not going to stay at this range for long. I am inclined to think it could break up in a few hours (after weekly close) but it could perfectly go down as you say.... Not going to trade that... not yet. I am almost 100% in anyways.
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December 02, 2018, 06:53:27 PM

Volume is declining on all time scales. Probably volatility too.
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December 02, 2018, 07:05:08 PM

(Sorry I'm a rookie I can not put a picture)
Post a link. If it's not too riddled with malware, someone might quote it for you.
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December 02, 2018, 07:05:45 PM
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Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?

Yes I do.

I believe we experienced the bottom over the last couple of weeks and further more think sub $5k corn is ridiculous..but we will see. I think break even for most miner's is around $6.8k and that does not leave a lot of meat on the bone. Add 10 to 20 percent for slippage and your looking at a fair market value of somewhere between $7.5k and $10k..  At least in my mind that is where we should be, time will tell if the market agree's.

W
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December 02, 2018, 07:16:05 PM

Wekkel
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December 02, 2018, 07:16:21 PM

Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?

Yes I do.

[...]

A reversal from here - a real reversal - could be mean and with 'mean' I mean towards $8,000+
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December 02, 2018, 07:16:38 PM

mtgox will go live again this 2019 and refund the customers https://www.mtgox.com/

Mtgox will refund (partially) their customers in 2019? Yes, looks like it will happen finally.

But... going live again? What do you mean?

I mean maybe they will not go "live" but they will not be in bankruptcy state anymore. In any case it looks like it will be a huge injection of bitcoins to the marked and a very good opportunity to buy cheap
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