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

[Cconvert2G36]

Buyers getting exhausted or just taking a pause before resuming the pump?

You know that Wile E. gif floating around? Something always seems to happen around a certain price. Could be different this time tho, gifs are notoriously unreliable. I'm a fan of Elliot Wave Radiation technicals myself, more reliably disruptive than Radium water (cheaper, too).

Tim Draper is ready. Are you?

Fine.

[tarmi]

feeling toppish.

 

[ChartBuddy]

Coin

Explanation

[ssmc2]

feeling toppish.

 

What else is new.

[Dilla]

I think we will test 300, who knows how that will go, but I think we will test it either this weekend or beginning of next week. For some reason I think this time will be different than the last two attempts.

[tarmi]

feeling toppish.

 

What else is new.

well, this is bitcoin, so I say new lows.

[billyjoeallen]

I think we will test 300, who knows how that will go, but I think we will test it either this weekend or beginning of next week. For some reason I think this time will be different than the last two attempts.

Patterns. There were four Four Punch Raids on the way down. Now there have been three pump-n-dumps to ~$300

1) the Coinbase exchange moonpump
2)March pump (failed to reach $300)
3) Greece Pump
4) current pump

Each Four Punch Raid got flatter than the one before it in the charts. Each Pump-n-dump at the bottom got flatter. This could be the last one before the recovery begins.  Let's hope we're still near the bottom when the U.S. Marshall's auction happens, just to keep the Gov from getting more of our money.  The blocksize controversy should prevent Bitcoin from reaching escape velocity before then.

[ChartBuddy]

Coin

Explanation

[Cconvert2G36]

it's 11:22am in beijing, do you know where your bitcoiners are?

[Wings1987]

it's 11:22am in beijing, do you know where your bitcoiners are?

Buying

[JayJuanGee]

I think we will test 300, who knows how that will go, but I think we will test it either this weekend or beginning of next week. For some reason I think this time will be different than the last two attempts.

Given the recent action and the volume, testing $300 this weekend seems very plausible.

hopefully there are enough dollars available on the various exchanges, since we should all realize that it is much more challenging to move dollars around than to move BTC around - On the other and big players should know the deal by now, and should be sufficiently prepared by now.

[ChartBuddy]

Coin

Explanation

[Cconvert2G36]

I think we will test 300, who knows how that will go, but I think we will test it either this weekend or beginning of next week. For some reason I think this time will be different than the last two attempts.

~Four punch raiders~  Let's hope we're still near the bottom when the U.S. Marshall's auction happens, just to keep the Gov from getting more of our money.  The blocksize controversy should prevent Bitcoin from reaching escape velocity before then.

We're not at the bottom, that's low 200's high 100's.

That chart is somewhat bullish, showing a good chunk of visa's capacity is within our reach. Good chunk meaning a few percent. No choice now but to wait until hong kong and see what color smoke emanates from the chimney.

[ChartBuddy]

Coin

Explanation

[ChartBuddy]

Coin

Explanation

[BlindMayorBitcorn]

[Fatman3001]

WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
EEEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!

[ChartBuddy]

Coin

Explanation

[LFC_Bitcoin]

We're probably at a bit of a tipping point now sitting at 280. I can't see us staying at 280 for long. I think we'll swing fairly significantly either way but which way?

[8up]

We're probably at a bit of a tipping point now sitting at 280. I can't see us staying at 280 for long. I think we'll swing fairly significantly either way but which way?

fast down - fast up