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

[8up]

Bottom is already in (30% prob.)

Bottom is not in - a rise to $400 follows and after that it will bottom out at $320 (30% prob.)

Anything else happens (40% prob.)


PSA: I call anything below $320 a must buy.

nah, bottom of latest pump surely far from being in.
purge & profit time.

edit: study case here

If you read my last days estimate: I see $300 coming - after that some oscillating and creeping up to around $450 until jan/feb.

I just tried to show some more possibilities. We can of course discuss the adressed probabilities. 

[hdbuck]

Bottom is already in (30% prob.)

Bottom is not in - a rise to $400 follows and after that it will bottom out at $320 (30% prob.)

Anything else happens (40% prob.)


PSA: I call anything below $320 a must buy.

nah, bottom of latest pump surely far from being in.
purge & profit time.

edit: study case here

If you read my last days estimate: I see $300 coming - after that some oscillating and creeping up to around $450 until jan/feb.

I just tried to show some more possibilities. We can of course discuss the adressed probabilities. 

ah yes, the probabilities you mentioned tickled me first.

anyway, fun times ahead.

[ChartBuddy]

Coin

Explanation

[Feri22]

Bitcoin and you would both be better off if you stayed away until it is ready for the densest ones to use. There's something serious happening here you haven't quite grasped (god knows how you missed it being as you hang around so much like a sad little groupie trying to figure what the cool kidz are talking about).

You have held bitcoin for the past 2 years, and you are calling me slow with these results? :/
Are you one of these guys who is actually proud of discovering bitcoin when it was only used for drugs and childporn?

Oh my god, you are an idiot...What the hell is happening these days, so many fuds and stupid posts lately from trolls...Go back to your mother's basements think about how you missed the early btc purchase...butthurted fucks

[elyas772]

moon again please 

[Mervyn_Pumpkinhead]

Oh my god, you are an idiot...What the hell is happening these days, so many fuds and stupid posts lately from trolls...Go back to your mother's basements think about how you missed the early btc purchase...butthurted fucks

You are upset, because you aren't winning as you hoped. I am happy because I am winning as I planned. It's just that simple.

[molecular]

“We find robust evidence that computer programming enthusiasts and illegal activity drive interest in bitcoin, and find limited or no support for political and investment motives.”

http://www.coindesk.com/google-search-study-hints-shady-truth-bitcoin-users/

“Our research finds that two Google search terms – related to computer programming enthusiasts and possible illegal activity (“Silk Road”) – are statistically related to search interest in bitcoin. With any search query, it is not possible to conclusively figure out the underlying motivations of the audience, or the exact composition of the audience," Yelowitz told CoinDesk.

lol. It's journalists, politicians and law enforcement. No darknet bitcoin user would "google silkroad".

what did they measure this against? People googling "bitcoin investment opportunity"? LOL!

[Frost]

Just woke up, by this time I would have expected Bitcoin at 330, looks like it takes a few more hours. The bleed gets slow.

[koryu]

my numbers are mainly based on ta. I believe that the scaleability problem can be solved and that the final auction won't effect the price much because it's the final one, ...no more easy bulk deals after it.

these are the lines I am watching since a while and why i said 250 was obvious. I think 260+ would be another signal that we have left the bear market and I would expect 340 as new target with a chance of a real rally. Then its time to get excited.
The other scenario is that we go back down the yellow line for some time, prolly again to 220 or 208 massive support

i think its time to go back and compare the situation before and after the breakout of the last channel.  the breakout happened way faster than expected and the auction  fueled it.

it's time to analyze the new situation in daily and weekly chart. there some interesting possible scenarios. the most bullish one is that the upper line of the old daily channel or the upper line of the weekly channel is building the resistance and we have a new uptrend channel and continue the rally.
but there are a few more possible scenarios, if anybody is interested I would post them in a separate topic later today or at the weekend.

[Tstar]

koryu I would like to see and read more from your analysis. Open a different thread because this one moves too fast!
Very interesting to compare what you said in October to what actually happened. Well done

[_biO_]

Oh my god, you are an idiot...What the hell is happening these days, so many fuds and stupid posts lately from trolls...Go back to your mother's basements think about how you missed the early btc purchase...butthurted fucks

You are upset, because you aren't winning as you hoped. I am happy because I am winning as I planned. It's just that simple.

You're short sighted. It's just that simple. I bet you would have eaten that marshmallow instantly.

[ChartBuddy]

Coin

Explanation

[arandy]

my numbers are mainly based on ta. I believe that the scaleability problem can be solved and that the final auction won't effect the price much because it's the final one, ...no more easy bulk deals after it.

these are the lines I am watching since a while and why i said 250 was obvious. I think 260+ would be another signal that we have left the bear market and I would expect 340 as new target with a chance of a real rally. Then its time to get excited.
The other scenario is that we go back down the yellow line for some time, prolly again to 220 or 208 massive support

i think its time to go back and compare the situation before and after the breakout of the last channel.  the breakout happened way faster than expected and the auction  fueled it.

it's time to analyze the new situation in daily and weekly chart. there some interesting possible scenarios. the most bullish one is that the upper line of the old daily channel or the upper line of the weekly channel is building the resistance and we have a new uptrend channel and continue the rally.
but there are a few more possible scenarios, if anybody is interested I would post them in a separate topic later today or at the weekend.

I say create that topic but send me an invite so i won't miss it.

[Mervyn_Pumpkinhead]

Oh my god, you are an idiot...What the hell is happening these days, so many fuds and stupid posts lately from trolls...Go back to your mother's basements think about how you missed the early btc purchase...butthurted fucks

You are upset, because you aren't winning as you hoped. I am happy because I am winning as I planned. It's just that simple.

You're short sighted. It's just that simple. I bet you would have eaten that marshmallow instantly.

I think that I'm just disillusioned from thinking that you can be farsighted when speculating crypto. Even those who have control over the markets don't know the longterm outcome of things in this field.
This will serve me fine, because I'll be jumping on and off this train according to the characteristics of the present time. I can practice control over the fate of my wealth, while the holders have to sit tight and are only left with blind hope.

Well, good luck to you! The only way you can win by playing like this is by luck, so you surely need it

[Franciem]

Bitcoin time to bull up
keep hold hold and hold your bitcoin

[inca]

Support seems to be protecting any further drops for now

The fact we haven't visited 320/30 is highly significant. At any point in the last two years before this the price would have plunged into the abyss.

Bull run on.

[_biO_]

Oh my god, you are an idiot...What the hell is happening these days, so many fuds and stupid posts lately from trolls...Go back to your mother's basements think about how you missed the early btc purchase...butthurted fucks

You are upset, because you aren't winning as you hoped. I am happy because I am winning as I planned. It's just that simple.

You're short sighted. It's just that simple. I bet you would have eaten that marshmallow instantly.

I think that I'm just disillusioned from thinking that you can be farsighted when speculating crypto. Even those who have control over the markets don't know the longterm outcome of things in this field.
This will serve me fine, because I'll be jumping on and off this train according to the characteristics of the present time. I can practice control over the fate of my wealth, while the holders have to sit tight and are only left with blind hope.

Well, good luck to you! The only way you can win by playing like this is by luck, so you surely need it

You are implying bitcoin is nothing more than another tradeable thingamabob. Nothing more than its price. But it's much more than that. That's what some people are betting on, and yes, that's a gamble as well. But the odds are good and the upside is ridiculously good.

But you take one gamble after another, thinking you can see through and play the market. Because you're just that skilled. That strikes me as far more delusional than any hodling bitcoin fanatic.

[Parazyd]

i think we will test double digits in 2016

Double digits and a halving? Well, at least we'll be able to mine on our laptops again.

Oh wouldn't that be awesome!

LOL at the double-digit speculators. That will never happen again, sorry.

[Hunyadi]

Interesting chart:


Remember:




Ride that bull!
 

[Globb0]

Interesting chart:

Soooo that shows increasing stability over time ?