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

[ghandi]

Looks to me like the typical dump pattern...sideways some time, dump takes us lower...sideways some time...next dump...repeat till $100...

[Fatman3001]

Looks to me like the typical dump pattern...sideways some time, dump takes us lower...sideways some time...next dump...repeat till $100...

If you look at the one day chart it looks pretty much like November. And if that sticks we will soon have an upwards movement to $250-280 before...who knows... either more up or sideways down. This is not TA, it's just good old pattern recognition, the same stuff that sees faces on Mars.

[ChartBuddy]

Coin
Explanation

[Sitarow]

Seems we're moving up slowly. That wall on coindesk though...

Some are Constantly selling their btc for ltc and  xpy and in turn that purchased btc is being sold into USD bid walls that is effectively creating a domino effect across all trading bots putting btc/USD downward pressure.

[Elwar]

So...what do people think the price will do this weekend?



*innocent gaze*

[Sellman]

 

Wanna be rich ! i buy or sell (lol is dice?).

(joke for this drammatic moment)

[8up]

So...what do people think the price will do this weekend?



*innocent gaze*

There is room left to go down. I prepare for prices around $160 in a first attempt. Maybe $120 in a second - this is a definite buy = all-in. Don't see sub $100 coming. If prices tend upwards I will just watch and decide later.

[tarmi]

so silent here...

dump impending?

[Sitarow]

so silent here...

dump impending?

Watch out for the  dump alt for btc wave. Btc/USD will head up.

[tarmi]

so silent here...

dump impending?

Watch out for the  dump alt for btc wave. Btc/USD will head up.

why are you so persistent in trading BTC/$ pair by looking at some altcoin trash ?

[Sitarow]

so silent here...

dump impending?

Watch out for the  dump alt for btc wave. Btc/USD will head up.

why are you so persistent in trading BTC/$ pair by looking at some altcoin trash ?

That is what you need to see to catch the next train.

Unfortunantly Alts have been used to lower btc/USD value  and shake the  confidence of those who once understood it's value.
Simply paying attention only to btc/USD is effectively putting blinders on.

If trader's  stopped trading btc/alt then the traditional concept of btc/USD would  apply

On btc e you can see the attempt  by bots to slowly  increase ltc/btc.

0.00815 1.513   0.01236121 buy
0.00816 1.513   0.01236121 sell

However the btc/USD floor has been tested and the leg down volume has been losing.

More People have been  using this as an indicator since it was pointed out.

[LFC_Bitcoin]

So...what do people think the price will do this weekend?



*innocent gaze*

Probably dump as usual

[tarmi]

so silent here...

dump impending?

Watch out for the  dump alt for btc wave. Btc/USD will head up.

why are you so persistent in trading BTC/$ pair by looking at some altcoin trash ?

That is what you need to see to catch the next train.

I personally consider altcoins a form of bitcoin junk derivatives.

you wont see any train departing till new money jumps in, and the money in alts is not new at all, on the contrary: that is old money trying to get out.

so all altcoins do is preventing us from finding the real bottom.

[Sitarow]

so silent here...

dump impending?

Watch out for the  dump alt for btc wave. Btc/USD will head up.

why are you so persistent in trading BTC/$ pair by looking at some altcoin trash ?

That is what you need to see to catch the next train.

I personally consider altcoins a form of bitcoin junk derivatives.

you wont see any train departing till new money jumps in, and the money in alts is not new at all, on the contrary: that is old money trying to get out.

so all altcoins do is preventing us from finding the real bottom.

The real bottom is when people stop falling for the scam that btc is worthless. And you are seeing that this past two weeks.

[Elwar]

So is it mainly bots trading on these exchanges?

I just bought a lot of bitcoins at just over 193.4 euro in 1.8 bitcoin increments.

I have been waiting for something under 194 and saw that pop up so I bought it.

Then a few seconds later another 1.8 popped up for close to the same price. So I bought it again. And it popped up about 6 more times and I snatched it up each time.

But the numbers were different each time.
1.79871374  193.31098
1.79279944  193.42050

etc...numbers like that

what's that all about? I'm glad someone did that, if I were to buy that many bitcoins at the current volume I would have driven the price up to 200 euro.

[ChartBuddy]

Coin
Explanation

[tarmi]

so silent here...

dump impending?

Watch out for the  dump alt for btc wave. Btc/USD will head up.

why are you so persistent in trading BTC/$ pair by looking at some altcoin trash ?

That is what you need to see to catch the next train.

I personally consider altcoins a form of bitcoin junk derivatives.

you wont see any train departing till new money jumps in, and the money in alts is not new at all, on the contrary: that is old money trying to get out.

so all altcoins do is preventing us from finding the real bottom.

The real bottom is when people stop falling for the scam that btc is worthless. And you are seeing that this past two weeks.

no, that is called price discovery.

[inca]

So is it mainly bots trading on these exchanges?

I just bought a lot of bitcoins at just over 193.4 euro in 1.8 bitcoin increments.

I have been waiting for something under 194 and saw that pop up so I bought it.

Then a few seconds later another 1.8 popped up for close to the same price. So I bought it again. And it popped up about 6 more times and I snatched it up each time.

But the numbers were different each time.
1.79871374  193.31098
1.79279944  193.42050

etc...numbers like that

what's that all about? I'm glad someone did that, if I were to buy that many bitcoins at the current volume I would have driven the price up to 200 euro.

I have a buy set at 200 but I think I will nibble this weekend if we don't hit it..

[Sitarow]

So is it mainly bots trading on these exchanges?

I just bought a lot of bitcoins at just over 193.4 euro in 1.8 bitcoin increments.

I have been waiting for something under 194 and saw that pop up so I bought it.

Then a few seconds later another 1.8 popped up for close to the same price. So I bought it again. And it popped up about 6 more times and I snatched it up each time.

But the numbers were different each time.
1.79871374  193.31098
1.79279944  193.42050

etc...numbers like that

what's that all about? I'm glad someone did that, if I were to buy that many bitcoins at the current volume I would have driven the price up to 200 euro.

This is what one does to not move the market when you wish to buy or sell.

[Elwar]

So is it mainly bots trading on these exchanges?

I just bought a lot of bitcoins at just over 193.4 euro in 1.8 bitcoin increments.

I have been waiting for something under 194 and saw that pop up so I bought it.

Then a few seconds later another 1.8 popped up for close to the same price. So I bought it again. And it popped up about 6 more times and I snatched it up each time.

But the numbers were different each time.
1.79871374  193.31098
1.79279944  193.42050

etc...numbers like that

what's that all about? I'm glad someone did that, if I were to buy that many bitcoins at the current volume I would have driven the price up to 200 euro.

This is what one does to not move the market when you wish to buy or sell.

And the strange numbers?

A human would type 1.8 and 193.4 or whichever