HeXaN
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January 08, 2016, 12:41:50 AM |
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OKCoin Futures close in 7 hours
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HeXaN
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January 08, 2016, 12:45:18 AM Last edit: January 31, 2016, 08:47:52 PM by HeXaN |
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Where are the bears?
bears be watchin.... waiting buy support? They dumps at this price? Yeah, they dumps at $434 hoping (and praying if bears are religious) for prices to drop below $300 those unrealistic fucks. $350 is a strong support, we dont see $300 again... im sorry my friend
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ChartBuddy
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January 08, 2016, 01:01:57 AM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 08, 2016, 01:07:11 AM |
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Did monkey take into account that BTC has a frequently-occurring overshooting propensity? or did s/he/ it consider $483 to serve as such overshooting occurrence?
The monkey's estimate of the next significant level appears to be based entirely on recent historical levels. It is not a target so much as a likely resistance/support level, which can be easily surpassed during a major impulsive move. I personally would consider his level in light of the intensity of the move. So far it seems fairly intense and sustained. If it continues to be, then the monkey's "next" level is probably lower than the eventual near-term daily top. But again, that's my interpretation, not the monkey. On a weekly basis, the monkey sees resistance at 583. However, it is very weak and very remote, and unlikely to be predictive (as both the monkey and I agree). He thinks it is likely to be early- or mid-February before a weekly local top and downturn, and expects that pause in the upward movement to be mild and brief, before the next uptrend starts. I don't really know the exact discretionary strategies of the bull whales or any other whales and what they may have up their blow-holes; however, really to me it seems that the recent BTC volume during this latest pump has not really been very high (relatively speaking), and accordingly, if bullwhales are willing, they would likely be able to throw a quite a bit more fiat to intensify a continued BTC price upsurge, if that were the desired direction of some of these amorphously understood bullwhales.... So, maybe I am quibbling a little bit, with your characterization that so far our witnessed upward push has been "fairly intense and sustained.".... though I do agree that we gotta kind of look at the intensity thrown at the matter at certain strategic points to attempt to guesstimate to our best ability whether we likely have reached an interim top.
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gentlemand
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Welt Am Draht
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January 08, 2016, 01:14:20 AM |
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noone is ever happy in here anymore ... trolls are gonna make sure that there's an endless stream of FUD and negativity explaining how crap and flawed bitcoin is ... bitcoin has a long way to go before trolls throw in the towel, like next ATH.
It's gotta happen some day but I don't think it'll be any time soon even if there is another all time high in the near future. It'll inevitably overshoot and fall back and there might be a fresh generation of peak buyers susceptible to gloom. Then again, who knows? Perhaps it'll turn into an eternal september and it'll at least please those who hung on throughout the last couple of years.
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gijoes
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January 08, 2016, 01:14:42 AM |
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Dear Wall Observers,
Now that the most convenient btccharts.com is gone, what do you guys use for multi-exchange wall watching? I've never found anything that even remotely matches it. Any suggestions?
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hdbuck
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January 08, 2016, 01:14:51 AM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 08, 2016, 01:16:03 AM |
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Where are the bears?
bears be watchin.... waiting buy support? They dumps at this price? Yeah, they dumps at $434 hoping (and praying if bears are religious) for prices to drop below $300 those unrealistic fucks. $434 is a strong support, we dont see $300 again... im sorry my friend I was trying to outline a bit of irony of the situation.. I mean, I really don't know what the fuck some of the bears are thinking... Surely 2014 was a really good year to short BTC, and the early part of 2015 was o.k. for shorting BTC, but some of the bears seem to have not recognized various fundamental bullish attributes of BTC and seem to have been thinking that they can continue to short BTC indefinitely, even after the BTC market had turned bullish, because of their fantastical thoughts that "BTC is going to fail, go to zero,.... blah, blah, blah."
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hdbuck
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January 08, 2016, 01:21:46 AM |
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BlindMayorBitcorn
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January 08, 2016, 01:23:07 AM |
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List of Chinese people who will read Zerohedge tomorrow:
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Suntouri
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January 08, 2016, 01:27:07 AM |
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List of Chinese people who will read Zerohedge tomorrow:
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ImI
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January 08, 2016, 01:29:28 AM |
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we got a serious choo here
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marcus_of_augustus
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Eadem mutata resurgo
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January 08, 2016, 01:30:55 AM |
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smell of a short squeeze coming?
Backed into that corner at 475, they all pile on and bam price barrels inexorably up to 520+ ... way too many noobs playing with short leverage.
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peonminer
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January 08, 2016, 01:32:05 AM |
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Dear Wall Observers,
Now that the most convenient btccharts.com is gone, what do you guys use for multi-exchange wall watching? I've never found anything that even remotely matches it. Any suggestions?
https://hypron.net/bitcoinwisdom/
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hdbuck
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January 08, 2016, 01:33:10 AM |
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we got a serious choo here
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BlindMayorBitcorn
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January 08, 2016, 01:43:34 AM |
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I'd like to take this opportunity to quote Marco Polo, if I may: "If thou tastest a crust of bread, thou tastest all the stars and all the heavens." Saccharomyces cerevisiae, or baker's yeast. Photos courtesy of Peter Hollenhorst and Catherine Fox.Get more cultured!
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Suntouri
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January 08, 2016, 01:45:26 AM |
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What is "69% full" ?
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JayJuanGee
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January 08, 2016, 01:49:26 AM |
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Dear Wall Observers,
Now that the most convenient btccharts.com is gone, what do you guys use for multi-exchange wall watching? I've never found anything that even remotely matches it. Any suggestions?
I thought that some people use this: https://hypron.net/bitcoinwisdom/I'm not sure if it is as good as btccharts, because I never had used that one. EDIT: appears that Peonminer beat me to the punch...
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JayJuanGee
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Activity: 3864
Merit: 10900
Self-Custody is a right. Say no to"Non-custodial"
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January 08, 2016, 01:59:38 AM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 08, 2016, 02:02:15 AM |
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