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

[billyjoeallen]

Are we all waiting for after midnight to buy?

i'm waiting on the 'four punch raiders' and 'chinese panic' flash dump raids to buy moar. i thinking huobi could possibly have more bags to drop..... lol .

The Four Punch Pattern is at the short squeeze phase. You might make a profit picking up nickles in front on the train, but you might get flattened.

I agree

Shorting right now is almost suicide

 

almost.

sorry, but when people are calling short squeeze phase that means it is already over.

Don't be an ignorant fool. Look at the squeeze to $720, the squeeze to $475 and tell me it's over. Better yet, just go ahead and short. Please.

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

You all realise that the whole China waking up thing doesn't hold water. A huge range of people trade on the Chinese exchanges. Apparently most of their clients are in Denmark.

Based on the pattern of volume on the 1h charts, I could believe that 30% of OKCoin's clients are outside China, at most.  On Huobi they may be 20%. 

However, an unknown percentage of those "foreign traders" must be automatic robots, doing high-frequency trading or arbitrage 24/7, in China or outside it.

[tarmi]

Are we all waiting for after midnight to buy?

i'm waiting on the 'four punch raiders' and 'chinese panic' flash dump raids to buy moar. i thinking huobi could possibly have more bags to drop..... lol .

The Four Punch Pattern is at the short squeeze phase. You might make a profit picking up nickles in front on the train, but you might get flattened.

I agree

Shorting right now is almost suicide

 

almost.

sorry, but when people are calling short squeeze phase that means it is already over.

Don't be an ignorant fool. Look at the squeeze to $720, the squeeze to $475 and tell me it's over. Better yet, just go ahead and short. Please.

720...475?

what the fuck are you babbling about?

gtfo.

[podyx]

Are we all waiting for after midnight to buy?

i'm waiting on the 'four punch raiders' and 'chinese panic' flash dump raids to buy moar. i thinking huobi could possibly have more bags to drop..... lol .

The Four Punch Pattern is at the short squeeze phase. You might make a profit picking up nickles in front on the train, but you might get flattened.

I agree

Shorting right now is almost suicide

 

almost.

sorry, but when people are calling short squeeze phase that means it is already over.

Don't be an ignorant fool. Look at the squeeze to $720, the squeeze to $475 and tell me it's over. Better yet, just go ahead and short. Please.

720...475?

what the fuck are you babbling about?

gtfo.

[NotHatinJustTrollin]

lol

[tarmi]

Are we all waiting for after midnight to buy?

i'm waiting on the 'four punch raiders' and 'chinese panic' flash dump raids to buy moar. i thinking huobi could possibly have more bags to drop..... lol .

The Four Punch Pattern is at the short squeeze phase. You might make a profit picking up nickles in front on the train, but you might get flattened.

I agree

Shorting right now is almost suicide

 

almost.

sorry, but when people are calling short squeeze phase that means it is already over.

Don't be an ignorant fool. Look at the squeeze to $720, the squeeze to $475 and tell me it's over. Better yet, just go ahead and short. Please.

720...475?

what the fuck are you babbling about?

gtfo.

yeah, I had the same look once I saw that clown writing in one sentence "a short squeeze" and "475".

wake up call incoming!

[podyx]

yeah, I had the same look once I saw that clown writing in one sentence "a short squeeze" and "475".

wake up call incoming!

[damiano]

finally some action!

[podyx]

lol

 

[billyjoeallen]

Are we all waiting for after midnight to buy?

i'm waiting on the 'four punch raiders' and 'chinese panic' flash dump raids to buy moar. i thinking huobi could possibly have more bags to drop..... lol .

The Four Punch Pattern is at the short squeeze phase. You might make a profit picking up nickles in front on the train, but you might get flattened.

I agree

Shorting right now is almost suicide

 

almost.

sorry, but when people are calling short squeeze phase that means it is already over.

Don't be an ignorant fool. Look at the squeeze to $720, the squeeze to $475 and tell me it's over. Better yet, just go ahead and short. Please.

720...475?

what the fuck are you babbling about?

gtfo.

ok dipshit, I'll use small words: the short squeeze from $400 to $720 and the short squeeze from $340 to $475  both involved margin call cascades and rose over $130 from the bottoms. There is a spike. The $294 top was not a spike.

[tarmi]

Are we all waiting for after midnight to buy?

i'm waiting on the 'four punch raiders' and 'chinese panic' flash dump raids to buy moar. i thinking huobi could possibly have more bags to drop..... lol .

The Four Punch Pattern is at the short squeeze phase. You might make a profit picking up nickles in front on the train, but you might get flattened.

I agree

Shorting right now is almost suicide

 

almost.

sorry, but when people are calling short squeeze phase that means it is already over.

Don't be an ignorant fool. Look at the squeeze to $720, the squeeze to $475 and tell me it's over. Better yet, just go ahead and short. Please.

720...475?

what the fuck are you babbling about?

gtfo.

ok dipshit, I'll use small words: the short squeeze from $400 to $720 and the short squeeze from $340 to $475  both involved margin call cascades and rose over $130 from the bottoms. There is a spike. The $294 top was not a spike.

sorry to disappoint you but 294 $ top was a spike.

you better get used to small numbers bitcoiner, because you aint gonna see so big numbers or "cascades" like you used to any time soon.

[dreamspark]

Short term predictions:

Full retrace from that dump, I think we will probably go to $280 and then dip to around $260ish again before an assault on $300. My 2 bitcents.

[BlackSpidy]

Interesting...



How did one chane the image size? Damn it, I have it written here somewhere!
Yay, found it!

[billyjoeallen]

Are we all waiting for after midnight to buy?

i'm waiting on the 'four punch raiders' and 'chinese panic' flash dump raids to buy moar. i thinking huobi could possibly have more bags to drop..... lol .

The Four Punch Pattern is at the short squeeze phase. You might make a profit picking up nickles in front on the train, but you might get flattened.

I agree

Shorting right now is almost suicide

 

almost.

sorry, but when people are calling short squeeze phase that means it is already over.

Don't be an ignorant fool. Look at the squeeze to $720, the squeeze to $475 and tell me it's over. Better yet, just go ahead and short. Please.

720...475?

what the fuck are you babbling about?

gtfo.

ok dipshit, I'll use small words: the short squeeze from $400 to $720 and the short squeeze from $340 to $475  both involved margin call cascades and rose over $130 from the bottoms. There is a spike. The $294 top was not a spike.

sorry to disappoint you but 294 $ top was a spike.

you better get used to small numbers bitcoiner, because you aint gonna see so big numbers or "cascades" like you used to any time soon.

I hope you're right. That kind of volatility is not good. You see, if you profit from day trading, you make bitcoin less volatile and make it more useful, even if you don't give a shit about the long term health of the project.  You don't have to believe in bitcoin to be a good decentral banker. Bitcoin doesn't need people like me to support it in order for it to succeed. The incentive structure makes it anti-fragile. 

[tarmi]

You see, if you profit from day trading, you make bitcoin less volatile and make it more useful.

quite the opposite.

I find it pretty useless when less volatile.

[hyphymikey]

Are we all waiting for after midnight to buy?

i'm waiting on the 'four punch raiders' and 'chinese panic' flash dump raids to buy moar. i thinking huobi could possibly have more bags to drop..... lol .

The Four Punch Pattern is at the short squeeze phase. You might make a profit picking up nickles in front on the train, but you might get flattened.

I agree

Shorting right now is almost suicide

 

almost.

sorry, but when people are calling short squeeze phase that means it is already over.

Don't be an ignorant fool. Look at the squeeze to $720, the squeeze to $475 and tell me it's over. Better yet, just go ahead and short. Please.

720...475?

what the fuck are you babbling about?

gtfo.

ok dipshit, I'll use small words: the short squeeze from $400 to $720 and the short squeeze from $340 to $475  both involved margin call cascades and rose over $130 from the bottoms. There is a spike. The $294 top was not a spike.

sorry to disappoint you but 294 $ top was a spike.

you better get used to small numbers bitcoiner, because you aint gonna see so big numbers or "cascades" like you used to any time soon.

Will you stop positing here if you are wrong?

[tarmi]

Will you stop positing here if you are wrong?

no.

[hyphymikey]

Will you stop positing here if you are wrong?

no.

lol

[BlackSpidy]

You see, if you profit from day trading, you make bitcoin less volatile and make it more useful.

quite the opposite.

I find it pretty useless when less volatile.

“Chaos isn’t a pit. Chaos is a ladder. Many who try to climb it fail, and never get to try again. The fall breaks them. And some are given a chance to climb, but refuse. They cling to the realm, or love, or the gods…illusions. Only the ladder is real. The climb is all there is. But they’ll never know this. Not until it’s too late.”