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

[eneilwex]

800 today?? amazing 

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[Hunyadi]

800 today?? amazing 

Don't get greedy 

[toknormal]

Lets see if this 15-minute MACD manages to crossover or not.

Also, we must constantly flip back to the 1-week chart to check the big picture and see how we're doing in breaking out of that 2-year cup & handle. Things are getting interestign now because we're getting above that big resistance from Jan 2014 and into the thinner, more rarefied air

[ImI]

If we break 780$ -> lots of media hype cause 2 1/2 year high.

[toknormal]

Ok. 5276. 1 15-minute green bar on the MACD momentum histogram.

UPDATE: Whoooah

SRBs kicking in. $770 Huobi. We need 5420 now to leave 2 1-week full candles behind from 2014 and have only 2 left plus the wicks.

[calme]

Took profits. Good chance pennant will dump.

It would appear to be breaking out instead...

It's now above flagpole level.

yeah. back in hard and heavy. missed out on like a $10 range of profits tho. i should have waited longer for signs of dumping. was looking descending triangle for a bit there.

[toknormal]

yeah. back in hard and heavy. missed out on like a $10 range of profits tho.

LoL ! Thot you might be.

Might be safer to wait at least for the 1-hour momentum chart correction to kick in before dumping anything. I usually go for the 4-hour cos I just don't have the cojones nor the time for anything shorter range  

Neither of those look like being on the nearterm horizon right now. (Although you can always get a whale dumper appearing out of nowhere, specially in China).

I might dump a couple when it gets to $6000.

[luckygenough56]

maybe i'll dump one or two at 50k

[toknormal]

Hedgefunds will surely be eyeballing that 2-year trading pattern. It's arrived at the entry point they've been waiting for, now get buying.

Hugh Hendry already has a few in his back pocket but he needs to now go full rabbit hole.

[bitjanja]

maybe i'll dump one or two at 50k

so funny such optimism and emotion, half this forum already feeling millionaires.

u guys have that look of the deer in front of the car light

[Ibian]

maybe i'll dump one or two at 50k

so funny such optimism and emotion, half this forum already feeling millionaires.

u guys have that look of the deer in front of the car light

It's just that many of us have already made a lot of money and see no reason for the trend to stop over the long term. Stick around and eventually you'll get it.

[0rganic]

maybe i'll dump one or two at 50k

so funny such optimism and emotion, half this forum already feeling millionaires.

u guys have that look of the deer in front of the car light

I might dump 3 @ $25,000

[molecular]

@toknormal any chance you could make an updated version of this chart with the last year or so of trading on it?

@soullyG, that wasn't one of my chart postings.

Haven't seen that one before.

I made that a long time ago:

I present the Matroska Cup & Handle pattern:



$1000 bitcoin party around October... see you there

EDIT: which, by the way, has worked before very well:

can there be a cup & handle inside a cup & handle ?

didn't quite play out, at least regarding the timing

still have the .svg file if anyone's interested

[Meuh6879]

Burn the 700 Euros !!!

[Karartma1]

maybe i'll dump one or two at 50k

so funny such optimism and emotion, half this forum already feeling millionaires.

u guys have that look of the deer in front of the car light

It's not even half. It's just a few. I've a parachute as far as I am concerned since I bought most of my BTC at $250.

[molecular]

Where is the "anatomy of a bubble" graph?

I really want to see an updated version of the "multi year cup and handle" chart that someone posted a few months ago - if that's correct we will probably slide a little bit further before completing the handle and then start the next SUPER BUBBLE  

EDIT: it was called "matroska cup and handle", Google image search found a cached copy from here but the quality is really low, and the link doesn't work any more:

https://bitcointa.lk/threads/analysis-never-ends.160720/page-166

The Matroska cup & handle in lucifs thread is still there: https://bitcointalk.org/index.php?topic=274613.msg11934240#msg11934240

It's not the "anatomy of a bubble" graph, silverfuture meant, though.

[Meuh6879]

[molecular]

I hope we can drink on that other one posted above some time

[Karartma1]

Don't let the Chinese wake up: it's 3.34 in the night down there!
Waiting for their morning.

Hold onto your coins

[toknormal]

Things are escalating quickly now that we've escaped that 2-year pattern.

$100 is the new $10.