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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381449 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. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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February 27, 2015, 05:59:24 AM

Coin
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Newar
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February 27, 2015, 06:00:15 AM

Massive hammers everywhere (1H)

Fully engulfed candle (30M)

More hammers and Bearish Harami (1H)
Fatman3001
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February 27, 2015, 06:10:05 AM

Well, that broke the nov/dec 2014 pattern.
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February 27, 2015, 06:11:00 AM

Well, that broke the nov/dec 2014 pattern.

It did. False breakout?  Grin
JimboToronto
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February 27, 2015, 06:12:13 AM

Just got home (gig tonite) and I see we finally had a long-awaited correction up.

Still a long way to go. We're not even at $300, let alone the $700 where we might think we're sort of back to normal.

Still, it's a step in the right direction.

Cheers.
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February 27, 2015, 06:14:44 AM

Well, that broke the nov/dec 2014 pattern.

It did. False breakout?  Grin

Perhaps, but if someone is painting candles they're painting something new this time.
macsga
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Strange, yet attractive.


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February 27, 2015, 06:15:50 AM
Last edit: February 27, 2015, 06:46:20 AM by macsga

I haven't seen this for a long time now... 50K market buy on OKCoin?  Shocked Shocked Shocked Shocked Grin Grin Grin
Fatman3001
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February 27, 2015, 06:25:03 AM

Lots of people jumping off the train, swaps picking up again after an insignificant drop.

JimboToronto
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February 27, 2015, 06:28:13 AM

Crappy little $20 rise. Whoop dee doo.

Don't get too excited.

It's only because we were stuck in the $235-$240 range for so long that it seems like a big deal.

There's still a long way to go.
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February 27, 2015, 06:30:18 AM

well, that was some nice volume on the breakout. Slept through it all, flat.

shorts didn't capitulate yet? Getting long on the pullback. Risky business though, tight stops.
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February 27, 2015, 06:37:30 AM

Bitcoin is an abandoned casino...

If that were true the price would be $zero. There has been plenty of action to see recently if you would only come out from under your bridge to see it. Right now there is a lot of accumulation going on, in fact there is at least one very large player that I know of that has large bids at $210.

Gambling in garbage alt coins is not the answer.

Desperation is currently the main factor keeping the price from plummeting to double digits or less. Since the time when I quit playing bitcoin (2013 Dec.), it has only had these weak, short and highly unpredictable twitches upwards. To me, it seems like these twitches are only created so the big holders can get rid of their coin with better profits. The fanatical bagholders have yelled all the way down from 1000$, how they're wiring in new money, because coins can't get any cheaper then this. To me, the odds of winning are just bad when gambling with bitcoin. The risks are as high as playing with altcoins, but the rewards are a lot smaller.
Gambling with altcoins is not the answer, if you don't know what you're doing. While most of the bitcoin nutters have lost money throughout 2014, then I am currently at about +210% by playing with altcoins. I highly doubt that I'll ever see bitcoin as a good bet again.
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February 27, 2015, 06:46:38 AM

Instead of taking some profit and closing their positions longs are starting to push to $17MM  Angry
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February 27, 2015, 06:50:29 AM

OkCoin down.. Houbi lagging as hell. BTCCHINA already at 1540. Talk about shitty exchanges.
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February 27, 2015, 06:52:37 AM

Well, that was fun.
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February 27, 2015, 06:53:02 AM

That was an insignificant pump. Down again I guess Grin
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February 27, 2015, 06:54:38 AM

what now? back to ~220 for another week or 2?!?!?!?!
ChartBuddy
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February 27, 2015, 06:59:27 AM

Coin
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Fatman3001
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February 27, 2015, 07:00:51 AM

Slight battle for 250 at finex. Someone is moving walls around and replenishing them whenever they get eaten.
molecular
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February 27, 2015, 07:05:25 AM

what's up with the chinese exchanges... no data to bitcoinwisdom (huobi, okcoin).
KryptoFoo
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February 27, 2015, 07:15:35 AM

what's up with the chinese exchanges... no data to bitcoinwisdom (huobi, okcoin).

BTCChina appears to be the only of the 3 whose API is working at the moment. Price discovery is very confusing right now  Huh
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