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

[Voodah]

Yes, super exponential would most probably lead to infrastructure collapse.

[1715138627]

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[fr33d0miz3r]

Meanwhile we have RSI divergence on the weekly chart

[Imbatman]

Please provide more information about how I can purchase one of those shirts.  Also include any package type discounts so I can also buy for friends and family.  Most importantly I want to get one for a particular buddy that thinks I keep buying "air".  

 

[Davyd05]

Yes, super exponential would most probably lead to infrastructure collapse.

the question is at what point though, and being a proactive community.. means we most likely as a community can solve said issues before we encounter the bigger problems, especially with the amounts of angel invesment and start ups trying to provide BTCrelated solutions.

[Voodah]

Now I'm not rushing to any conclusions.... but permabulls will hate this one...

Do you guys see a pattern? Can you find that perfect slope somewhere else?

[Davyd05]

Now I'm not rushing to any conclusions.... but permabulls will hate this one...

Do you guys see a pattern? Can you find that perfect slope somewhere else?

so this is all just a part of a big gox loop .. and were going to rubber band back to early dec then re crash?

[Richy_T]

Well, bearing in mind that there was some concern about the language, I had another idea...

http://www.zazzle.com/choo_choo_bitcoin_for_the_more_discrete-235906112571934680



I'm going over one in my mind that should be really cool so hang on to your hats. (Speaking of which, anyone want hats, mousepads etc?)

[dgarcia]

Now I'm not rushing to any conclusions.... but permabulls will hate this one...

Do you guys see a pattern? Can you find that perfect slope somewhere else?

The first is a 1h Chart, the second a 6h Chart.

I can't say that it is imposible, that could happen the same but if you search in different Time-Scales you will find a lot of patterns that will seem familiar.

[Richy_T]

Please provide more information about how I can purchase one of those shirts.  Also include any package type discounts so I can also buy for friends and family.  Most importantly I want to get one for a particular buddy that thinks I keep buying "air".  

 

They are just on Zazzle. The store will be http://www.zazzle.com/choochoomf* . I think they are supposed to be available within 24 hours (I never had a Zazzle store before). Please realize that Zazzle gets most of the money so don't buy them on my account. I may look into some screen printing which should be cheaper and I could probably charge BTC. If you want the files to get it done yourself, we could work something out.

[Voodah]

Now I'm not rushing to any conclusions.... but permabulls will hate this one...

Do you guys see a pattern? Can you find that perfect slope somewhere else?

The first is a 1h Chart, the second a 6h Chart.

First one is 1h and second one 4h.

If hypothetically this were a pattern, it would mean the underlying strategy has been adjusted to span longer in time.

In fact, I was just looking closer at the middle pull up from 577 to 1067 and it also has a very very similar shape but in an even steeper curve (shorter time frame).

[ChartBuddy]

[ChartBuddy]

[arepo]

Now I'm not rushing to any conclusions.... but permabulls will hate this one...

Do you guys see a pattern? Can you find that perfect slope somewhere else?

so this is all just a part of a big gox loop .. and were going to rubber band back to early dec then re crash?

i applaud you for your keen eye. this is the basis of fractal analysis, an umbrella term for Elliot-Wave-style analysis. unfortunately for your prediction, the oscillator at the bottom shows good evidence that the market conditions were significantly different when the crash happened than at this point in our present rally.

if it weren't for that, however, i'd consider that bearish evidence indeed. i've used self-similarities i have found to great effect when combined with other indicators. the amazing part is that it even works at wildly different scales!

--arepo

[Davyd05]

another 300 coin sold

[Voodah]

i applaud you for your keen eye. this is the basis of fractal analysis, an umbrella term for Elliot-Wave-style analysis. unfortunately for your prediction, the oscillator at the bottom shows good evidence that the market conditions were significantly different when the crash happened than at this point in our present rally.

if it weren't for that, however, i'd consider that bearish evidence indeed. i've used self-similarities i have found to great effect when combined with other indicators. the amazing part is that it even works at wildly different scales!

--arepo

Thanks, I was not implying the drop was due now though.

On the first chart, bottom to top spans 5 days. It is 1h.

The second one is 4h, which would mean the strategy is roughly spanning 4x in time, hence a ~20 day target.

We're on day 16.

This is all on a very rough hypothetical level and out of pure air of course. Just be alert I guess.

[hahahafr]

Short now

Edit:

Short now

[Ashitank]

Short now

Edit:

Short now

Hodl Son

[Davyd05]

another 300 coin sold

Someone forgot to hodl

not me.. my answer to stamp going past 900 or w/e was hodl lol .. only answer that is universal

[arepo]

i applaud you for your keen eye. this is the basis of fractal analysis, an umbrella term for Elliot-Wave-style analysis. unfortunately for your prediction, the oscillator at the bottom shows good evidence that the market conditions were significantly different when the crash happened than at this point in our present rally.

if it weren't for that, however, i'd consider that bearish evidence indeed. i've used self-similarities i have found to great effect when combined with other indicators. the amazing part is that it even works at wildly different scales!

Thanks, I was not implying the drop was due now though.

On the first chart, bottom to top spans 5 days. It is 1h.

The second one is 4h, which would mean the strategy is roughly spanning 4x in time, hence a ~20 day target.

We're on day 16.

This is all on a very rough hypothetical level and out of pure air of course. Just be alert I guess.

yes, it will be an interesting chart to revisit around that time to compare to see if market conditions are ripe. the 20 day timespan, frighteningly enough, coincides with the capitulation event that my bearishest model, as well as a colleague's is predicting.

--arepo

[ChartBuddy]