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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21579483 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. (143 posts by 33 users deleted.)
ChartBuddy
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March 15, 2015, 04:59:09 AM

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March 15, 2015, 05:08:09 AM

I think we're going to sink a bit further. The bulls are still rattled, since they weren't able to break $300.
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March 15, 2015, 05:59:07 AM

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Maximum_Overderp!
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March 15, 2015, 06:58:07 AM

Was waiting for 355, but will take some profit now and wait for lower prices or a clear direction in the next week to take a clear position.
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March 15, 2015, 06:59:08 AM

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March 15, 2015, 07:59:08 AM

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March 15, 2015, 08:05:38 AM

I think we're going to sink a bit further. The bulls are still rattled, since they weren't able to break $300.

Sink by how much though?

My guess is probably $250.
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March 15, 2015, 08:59:42 AM

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March 15, 2015, 09:59:06 AM

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March 15, 2015, 09:59:49 AM

^Necrobump
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March 15, 2015, 10:17:33 AM

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March 15, 2015, 10:59:07 AM

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bad trader
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March 15, 2015, 11:19:28 AM

The current situation looks more volatile on BTC China and Huobi than on OKCoin.

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inca
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March 15, 2015, 11:22:57 AM

Bears just waiting for someone to sell. Long swaps at 0.1% interest is high, but that is only the last few days of swap total.

The order books look better matched than they have for weeks.

One big buy and the bearish sentiment will evaporate in a  puff of smoke. Like most of the leveraged bears did the last month.
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March 15, 2015, 11:28:57 AM

Bears just waiting for someone to sell. Long swaps at 0.1% interest is high, but that is only the last few days of swap total.

The order books look better matched than they have for weeks.

One big buy and the bearish sentiment will evaporate in a  puff of smoke. Like most of the leveraged bears did the last month.

The "bearish sentiment" is solely connected to the imagined barrier of $300. If you look at 1d charts we are still just moving up the stairway to heaven.

Edit: So by wednesday we should be past $300.
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March 15, 2015, 11:59:05 AM

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March 15, 2015, 12:06:47 PM

Bears just waiting for someone to sell. Long swaps at 0.1% interest is high, but that is only the last few days of swap total.

The order books look better matched than they have for weeks.

One big buy and the bearish sentiment will evaporate in a  puff of smoke. Like most of the leveraged bears did the last month.

The "bearish sentiment" is solely connected to the imagined barrier of $300. If you look at 1d charts we are still just moving up the stairway to heaven.

Edit: So by wednesday we should be past $300.

sorry guys last week was on TS on ts.whalesclub.co and said it would be 300 bucks by the 24th my birthday....(I be bad ....I jinix'd it) you can bet it will go
to 300 a day or so after the 24th (thus my life.....soooooooo.....close......dang missed it....hey why should this guess be any different then my other 'late' guesses on
where the market is going )  Smiley



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March 15, 2015, 12:27:06 PM

The triangle definitely looks more bearish on BTC China. If the bottom fails OKCoin may give some resistance slightly lower. (The poor dollar traders will surely follow whatever our renminbi overlords decide.)

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March 15, 2015, 12:43:14 PM

I guess, we will have to slowly revisit uncertainty at ~$200-240 first before we can go significantly higher (above 300). Anyhow - I don't see prices going as low, as DanV or chessnut propose.

In the long run this retracement would fit perfect in a long/slow but steady rise. We already broke the 14 month linear downtrend. So the log downtrend (unexpectedly) might not be a resistance when we get there.

Please be aware. Selling now is quite risky, as a single entity can change the market sentiment dramatically to the upside. Therefore this is just a gut feeling. It will be totally invalidated, if we see the price rise to $300+ in the next days.
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March 15, 2015, 12:46:29 PM

Asks melting away at 290..
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