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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26772713 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 1 users with 9 merit deleted.)
coinableS
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May 09, 2015, 09:22:33 PM

Seems that 240 USD is holding as some kind of resistance at the moment.
Neither bear nor bull are able to send us in either direction.
I thought we'd get to 250 by the end of the weekend, there's still time left but we seem to be at a crossroads at 240.
Can anybody hazard a guess which way we are set to go in the short term?

Thanks

I'd say down for the short term. maybe another $5 - $10 drop, before we try to swing up again at the $250 barrier.
LFC_Bitcoin
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May 09, 2015, 09:24:39 PM

Seems that 240 USD is holding as some kind of resistance at the moment.
Neither bear nor bull are able to send us in either direction.
I thought we'd get to 250 by the end of the weekend, there's still time left but we seem to be at a crossroads at 240.
Can anybody hazard a guess which way we are set to go in the short term?

Thanks

I'd say down for the short term. maybe another $5 - $10 drop, before we try to swing up again at the $250 barrier.

Thanks for the interaction man.
Good predictions.
I'm putting you in my good poster list  Grin
inca
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May 09, 2015, 09:29:29 PM

Seems that 240 USD is holding as some kind of resistance at the moment.
Neither bear nor bull are able to send us in either direction.
I thought we'd get to 250 by the end of the weekend, there's still time left but we seem to be at a crossroads at 240.
Can anybody hazard a guess which way we are set to go in the short term?

Thanks

Except at market extremes its a coin toss to say which way the price will go lfc..
Andre#
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May 09, 2015, 09:48:21 PM

Seems that 240 USD is holding as some kind of resistance at the moment.
Neither bear nor bull are able to send us in either direction.
I thought we'd get to 250 by the end of the weekend, there's still time left but we seem to be at a crossroads at 240.
Can anybody hazard a guess which way we are set to go in the short term?

Thanks

Except at market extremes its a coin toss to say which way the price will go lfc..

If we keep going sideways, we'll break out of the downtrend in two months.

ChartBuddy
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May 09, 2015, 09:57:56 PM

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lyth0s
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May 09, 2015, 10:01:30 PM

Seems that 240 USD is holding as some kind of resistance at the moment.
Neither bear nor bull are able to send us in either direction.
I thought we'd get to 250 by the end of the weekend, there's still time left but we seem to be at a crossroads at 240.
Can anybody hazard a guess which way we are set to go in the short term?

Thanks

Except at market extremes its a coin toss to say which way the price will go lfc..

If we keep going sideways, we'll break out of the downtrend in two months.



I'm not a TA guru, but aren't you missing 1 top and 1 bottom there to find your channel?
billyjoeallen
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May 09, 2015, 10:04:43 PM

And the 15 min chart is back into the green! What did I say yesterday? Wait for a $9-$12 pullback for your entry point.  Yes, that was me. You're welcome.
Norway
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May 09, 2015, 10:05:39 PM

Are we going up now?  Wink
podyx
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May 09, 2015, 10:14:34 PM

And the 15 min chart is back into the green! What did I say yesterday? Wait for a $9-$12 pullback for your entry point.  Yes, that was me. You're welcome.

inca
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May 09, 2015, 10:15:32 PM

And the 15 min chart is back into the green! What did I say yesterday? Wait for a $9-$12 pullback for your entry point.  Yes, that was me. You're welcome.



Back over 1500 CNY
BlindMayorBitcorn
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May 09, 2015, 10:22:24 PM

shmadz
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May 09, 2015, 10:33:43 PM

Are we going up now?  Wink

Drifting higher on low volume always makes me nervous...
Wings1987
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May 09, 2015, 10:38:01 PM

small volume spike. Moving up a bit. Similar thing happened yesterday but it didn't have any legs. Maybe today?
billyjoeallen
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May 09, 2015, 10:56:03 PM

small volume spike. Moving up a bit. Similar thing happened yesterday but it didn't have any legs. Maybe today?

nope. We've had too many Saturday Night dumps. All we have to do is hold above ~$238 and all the weekend bargain hunters will get back on the train tomorrow night.
ChartBuddy
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May 09, 2015, 10:57:56 PM

Coin
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bassclef
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May 09, 2015, 11:04:50 PM

Are we going up now?  Wink

Drifting higher on low volume always makes me nervous...

Sometimes it's bullish. When the market is exhausted of selling, the price often drifts up as there's too few coins to sell at this price and existing demand can march the price upwards. Then you get a little pump when bulls who were on the fence start buying. Of course it gets faded by traders unless the big money enters, but still better than going down.
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May 09, 2015, 11:13:36 PM

People are idiots. That's the only thing holding us back. We went to $1000+ two years ago, when Bitcoin was wobbling on a knifes edge and the leading star was a retarded frenchman who moved to Tokyo just to make the abbreviation of his stupid exchange make sense. Now, there is a whole industry backing it up. Every bank, insurance company, and financial institution are looking at ways to implement Bitcoin or blockchain technology and somehow a market cap of roughly a couple of billions is thought to be reasonable. If this doesn't go sky high rather immediately I will lose all faith in humanity. Maybe we should send some coins to Elon Musk. WS likes to pump his shit into orbit.
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May 09, 2015, 11:16:49 PM

People are idiots. That's the only thing holding us back.
Cheesy
I stopped after that ... nothing more needed to be said or read. We'd be exploring other universes by now if the whole damn world wasn't full of idiots. Mind you, if we did explore them we'd probably just find more idiots and wonder why we bothered  Cheesy
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May 09, 2015, 11:22:45 PM

I looked ten seconds ago it seems and the price was 244. Now 242.

No matter this all low volume stuff.
gentlemand
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May 09, 2015, 11:24:15 PM

Well, we're stuck with these pesky humans whether we like it or not. They have proven to be silly sausages over the aeons but we are the only game in town so far.

In many ways BTC is perfectly suited for machine to machine commerce. In the future maybe you'll have to beg your vibrating cock ring for a financial bailout.
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