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

[belmonty]

That sideway movement makes me crazy. I want a bull run again

This sideways movement is making it frustratingly impossible to trade.

[Torque]

That sideway movement makes me crazy. I want a bull run again

This sideways movement is making it frustratingly impossible to trade.

Finally!!!!! Yay!!!!

[Wandererfromthenorth]

That sideway movement makes me crazy. I want a bull run again

This sideways movement is making it frustratingly impossible to trade.

You shouldn't trade the consolidations and choppiness in the first place. At least that not what I like to do.
It's better if you wait for a no-brainer trade setup and you do your move for at least a 5-10% (more if you're leveraged) gain.

[Gyrsur]

That sideway movement makes me crazy. I want a bull run again

This sideways movement is making it frustratingly impossible to trade.

Finally!!!!! Yay!!!!

open a LONG and a SHORT trade together in the middle of the range with a small TP and both will be closed with profit but be aware of an breakout of the range. do it again and again until you expect an breakout. profit!

[ChartBuddy]

Explanation

[LFC_Bitcoin]

That sideway movement makes me crazy. I want a bull run again

This sideways movement is making it frustratingly impossible to trade.

Good

[BoatsandBitcheswithBits]

Shit's the most stable I've ever seen it!

[galdur]

https://au.lifestyle.yahoo.com/womens-health/fitness/g/24511726/want-a-great-rear-end-move-sideways/#1

[paul2000]

https://au.lifestyle.yahoo.com/womens-health/fitness/g/24511726/want-a-great-rear-end-move-sideways/#1

move sideways for a great rear end (solid bottom). Makes sense even for TA

[findftp]

That sideway movement makes me crazy. I want a bull run again

Prepare for the opposite.
Remember this picture?



 

[ChartBuddy]

Explanation

[findftp]

And if the price must stay stable for whatever reason, then at least keep it at exactly 100 times pi and show this currency is run by nerds.

1BTC = USD 314.159265359

I was checking the orderbooks and couldn't find any.

edit: Just so that I can tell my kids later, when they are old.



it was rounded

1FdwDuV2qgsw2w1Lza8nsea7L6mQxsc7g3 for the lulz

edit2: some idiot bought it!

[cbeast]

"They'll come at you sideways. It's how they think. It's how they move. Sidle up and smile, hit you where you're weak." - Shepherd Book

[findftp]

And if the price must stay stable for whatever reason, then at least keep it at exactly 100 times pi and show this currency is run by nerds.

1BTC = USD 314.159265359

I was checking the orderbooks and couldn't find any.

edit: Just so that I can tell my kids later, when they are old.



it was rounded

1FdwDuV2qgsw2w1Lza8nsea7L6mQxsc7g3 for the lulz

edit2: some idiot bought it!

Thank you fontas.

[BlindMayorBitcorn]

"They'll come at you sideways. It's how they think. It's how they move. Sidle up and smile, hit you where you're weak." - Shepherd Book

You're back!

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Richy_T]

I think that you make a lot of good points, Richy T... ; however, at the same time, I believe that there is a considerable amount of upside potential for BTC prices in the near future (although I have been making those kinds of assertions throughout 2014).  In any event, there have been a lot of positive developments in the bitcoin infrastructure over the past year. 

Accordingly, it seems very plausible that BTC is going to experiences at least one or two more exponentially upward price surges (maybe in the 5x to 20x territory) in the coming years - whether such an upward price surge occurs in 2015 remains a point of speculation, at this point.

At this current price point, I am fairly optimistic that 2x to 2.5x price increase is very likely to occur in 2015; however, I believe if prices go beyond a 2.5x price increase, then it seems very likely that prices will shoot past the previous ATH into the $3k to $9k territory... just my own personal sense of the BTC market dynamics.

I find little to disagree with there. 2015 could be a fairly lackluster year and 2-2.5 does seem like the minimum if things potter along at "doing OK". I hope to see some dramatic gains but we may have to wait for the halving in 2016. I think 2014 will be seen as the year that bubble money went into mining instead of buying bitcoins and the supply of fresh bitcoins being affected accordingly. The hashrate will be the chart to watch I think.

[samsonn25]

BTC price can go to 100 just as easily as 1000, depends on supply and demand from buyers and seller.

[ChartBuddy]

Explanation