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

[billyjoeallen]

PATTERN BETTING

I dunno who the heavy hitter(s) is/are, but they've become very predictable.


If the Four Punch raiders are still in control of this market (I think they prolly are), we're going to see a long squeeze before the next short squeeze. Even if you are margin long, make it an ass-load of margin. With cascading margin calls and forced liquidations (such as at $400, $340, and $275), I would make sure your long liquidation price is at least as low as $200 and prolly a little more just in case. Remember, all you have to do is survive the long squeeze, go full-on stupid margin long after the bottom, ignore or slightly trade the pause and then wait for the short squeeze to close your long, go margin short, don't fall for the second bounce, ride the next crash and then cover at a price slightly higher than the previous low (I'm guessing ~$222), withdraw10 percent of your profits to pay for hookers and blow, put in a bunch of bottom-feeding limit orders under that, rinse and repeat.

These guys could easily be doubling up every time the pattern repeats and it has repeated four times so far.  That means they have ~16 times as much market clout as they did when the first crashed the market.  

PATTERN:
CRASH (long squeeze)
BOUNCE
PAUSE (fake rally then fake crash)
SPIKE (short-squeeze)
SECOND BOUNCE
Complete dissipation of all upward momentum.

[cbeast]

Any idea what "the best hs just begun" means? I doubt he is talking about current price (or from last 4h)...  
https://twitter.com/AdamGuerbuez/status/553661669961105411

I'm beginning to wonder if this guys 'tips' about Bitcoin are really hinting to its demise..

He's selling his Bitfu.

[Walsoraj]

Ask side on Stamp is paper thin. Will probably see a short term spike followed by an epic crash to a new low.

[Walsoraj]

Ironic how the fear of keeping coins on exchanges is bullish for the price, at least until a few brave whales start cashing out.

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[janos666]

Bitfinex

Bitstamp

Explanation

I think you should arrange them horizontally and include some other exchanges as well (until they fill a 1440 or even 1920 pixel wide screen in a windowed-fullscreen browser).

[Taras]

Bitfinex

Bitstamp

Explanation

I think you should arrange them horizontally and include some other exchanges as well (until they fill a 1440 or even 1920 pixel wide screen in a windowed-fullscreen browser).

Theoretically, you could get a whole GUI sort of thing going here with enough of this:

[solex]

Bitfinex                                             Bitstamp

Just testing. Does look better.

[BitChick]

Did someone just make 2 1000 BTC purchases on Stamp?  

[coinableS]

Did someone just make 2 1000 BTC purchases on Stamp?  

Weird the price doesn't even move...

[medialab101]

Did someone just make 2 1000 BTC purchases on Stamp?  

Looks like 1 buy 1 sell, both 1000 each.

A sell followed 3 minutes later by a buy.

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[keewee]

Bitfinex                                             Bitstamp

Just testing. Does look better.

I agree. Side by side looks better and takes up less vertical space so less scrolling required

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[Stevenirving]

Just pass 300
Come coin.
You can do it.

I believe in you

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[luckygenough56]

bitcoin should be renamed into dropcoin

[bad trader]

I think we'll crash. We've run out of bad news and everything looks fine. That's when the market always gets bearish.

[Fatman3001]

bitcoin should be renamed into dropcoin

It couldn't hurt. Dropbox was a success. Maybe the sucker would rise then.

[luckygenough56]

i'm starting to feel the 220 now, it is strong with the force