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

[Paashaas]

^Zoom out even more, correction is over. Maybe testing $930 again but thats it.

Bitcoin is gearing up for next upswing.

[ImI]

Dips being aggressively accumulated. Have a feeling the weekly wants to close under 920, so that's a hard trailing stop for anyone doing one of those greedy scalps. I highly doubt next week's lower wick will be in this week's candle much, so buy any dip and get ready to break $1000.

Comments like this signify that you should go short with 100x leverage asap.

How's that short going? 

[SnokkomBTC]

Zoom out and see real H&S forming, this is going to get ugly.

Which time interval?

4-6h

looks more like an healthy correction

[savetherainforest]

Winter is coming

Nope! 

[criptix]

Winter is coming

Nope! 

AGW denier!

I didnt sell btw... greed was too strong.
And then it dropped to 940 :/

[Denker]

Zoom out and see real H&S forming, this is going to get ugly.

Which time interval?

4-6h

looks more like an healthy correction

I agree!
This misinterpretation often happens when people forget to include larger time scales which most of the time dominate the smaller ones!
And when you look at daily or weekly I can not see why this bull run should end now.
The correction might not be over, but imo we will continue moving up some more percent when this is finished.

[savetherainforest]

Winter is coming

Nope! 

AGW denier!

I didnt sell btw... greed was too strong.
And then it dropped to 940 :/

I'm not really an AGW denie.. but I'm talking about the next 15-20 years. Because "global warming" is not something that happens "now".. But it will actually take place more drastically in 2065-2090 .. because the climate is oscillating, exactly like how the market goes.. Up and Down! And it keep repeating the same thing over and over. But it will last till 2300 if we don't do anything, and probably till 2150 because in 2095-2105 we will start doing something. Cuz you know.. when we had similar oscillations it was during the Roman Empire or The Pyramids, but then the word didn't had 7 billion demons that consume, consume, consume! ... that keep cutting trees like hillbillies! It is just not sustainable. Because Everyone wants furniture & sh!t. So we will probably have to suffer some kind of war to get rid of the 7 billion vermin that is a plague for this planet for now.

[Torque]

Lulz at all the silly trading charts that suddenly come out of the woods during a price rise. 

And funny that they completely vanished "Poof!" during all of 2014-15.  What, you're amazing technicals didn't work then for some reason?

You troll traders aren't fooling anyone that's been around.

[PoolMinor]

Zoom out and see real H&S forming, this is going to get ugly.

Which time interval?

4-6h

/img]

In order for this h+s pattern to even be considered started, the price needs to approach the neckline at ~$860. The correction from $983 was due to drop to the $930 range, which it did.
Bear party over now, time to rise again.

[gembitz]

Winter is coming

Nope!  

 

[gembitz]

Lulz at all the silly trading charts that suddenly come out of the woods during a price rise.  

And funny that they completely vanished "Poof!" during all of 2014-15.  What, you're amazing technicals didn't work then for some reason?

You troll traders aren't fooling anyone that's been around.

 

" The secret to doing anything is believing that you can do it. Anything that you believe you can do strong enough, you can do. Anything As long as you believe "

[PoolMinor]

Lulz at all the silly trading charts that suddenly come out of the woods during a price rise.  

And funny that they completely vanished "Poof!" during all of 2014-15.  What, you're amazing technicals didn't work then for some reason?

You troll traders aren't fooling anyone that's been around.

I believe you must have missed the ones I posted. Some links to verified correct below.

https://bitcointalk.org/index.php?topic=178336.msg12346576#msg12346576

https://bitcointalk.org/index.php?topic=178336.msg13579532#msg13579532


https://bitcointalk.org/index.php?topic=178336.msg14861839#msg14861839

https://bitcointalk.org/index.php?topic=178336.msg16007110#msg16007110

https://bitcointalk.org/index.php?topic=178336.msg12189422#msg12189422

[JimboToronto]

A late good morning Bitcoinlanders.

Apparently last night's bear trap has slammed shut and we're right back almost to where we were at this time yesterday... $967USD on Bitcoinaverage ($1300CAD).

That leaves just today and tomorrow to get that last $33 that everybody seems to want so much. Americans would get their 4 digits and Canadians and Europeans would get yet another ATH.

I don't think anyone thought we'd just breeze through the psychological barrier of $1000 without a fight, and quite the fight it is, but the siege continues.

Go Bitcoin go.

[hulla]

phew. good thing I didn't bet for Bitcoin to not reach the 1000$ in the bitcoin gambling sites. I would be sweating right now

Back in 2013 I spent $50 on a 1 bitcoin bet saying the price would be $10,000 by the end of this month.

Unfortunately for those that bet against me the site went down a few years ago.

No fear Elwar, you may have been wrong with your prediction, date wise but I have no doubt we'll break $10,000 within 3-4 years.

I don't agree with you mate and I don't think tell price will reach $10,000 in 3-4 years. Though, I quite sure will have an increase in price of bitcoin but not up to $10,000.

[Torque]

phew. good thing I didn't bet for Bitcoin to not reach the 1000$ in the bitcoin gambling sites. I would be sweating right now

Back in 2013 I spent $50 on a 1 bitcoin bet saying the price would be $10,000 by the end of this month.

Unfortunately for those that bet against me the site went down a few years ago.

No fear Elwar, you may have been wrong with your prediction, date wise but I have no doubt we'll break $10,000 within 3-4 years.

I don't agree with you mate and I don't think tell price will reach $10,000 in 3-4 years. Though, I quite sure will have an increase in price of bitcoin but not up to $10,000.

Reaching $10K vs. staying there are two entirely different things...

[JayJuanGee]

I don't think anyone thought we'd just breeze through the psychological barrier of $1000 without a fight, and quite the fight it is, but the siege continues.

 

I was beginning to think that we would rush right through $1,000.. especially the way it was going in the days leading up to $981.... but a 5% quickie correction from $981 to $931 was certainly within reasonable expectations, too....

At this point, we could enter into a consolidation period, even though odds seem a bit greater that we are going to continue with our upwards trajectory in the coming days..

I was hoping to see $1,060-ish or beyond by New Years, which is still quite doable, but it is possible to take a bit longer..... and this recent correction or even a bit of a consolidation period could give a bit more legs, once we do push through $1,000.

It seems that whales have quite a few tools to play with these days, even though in the end, they are likely only able to control so much of the short term price movements.. .

[infofront]

I've been wondering what effect the close of the tax year might have on the price. I'd assume most people would defer taking gains until 2017.

[Lionidas]

Winter is coming

Nope! 

AGW denier!

I didnt sell btw... greed was too strong.
And then it dropped to 940 :/

I'm not really an AGW denie.. but I'm talking about the next 15-20 years. Because "global warming" is not something that happens "now".. But it will actually take place more drastically in 2065-2090 .. because the climate is oscillating, exactly like how the market goes.. Up and Down! And it keep repeating the same thing over and over. But it will last till 2300 if we don't do anything, and probably till 2150 because in 2095-2105 we will start doing something. Cuz you know.. when we had similar oscillations it was during the Roman Empire or The Pyramids, but then the word didn't had 7 billion demons that consume, consume, consume! ... that keep cutting trees like hillbillies! It is just not sustainable. Because Everyone wants furniture & sh!t. So we will probably have to suffer some kind of war to get rid of the 7 billion vermin that is a plague for this planet for now.

Kill yourself and improve the world.

Uh dude. That over bitcoin price is harsh.
We need each other if we ever want to see bitcoin improve it's current stance against the fiat system.

[savetherainforest]

Winter is coming

Nope!  

AGW denier!

I didnt sell btw... greed was too strong.
And then it dropped to 940 :/

I'm not really an AGW denie.. but I'm talking about the next 15-20 years. Because "global warming" is not something that happens "now".. But it will actually take place more drastically in 2065-2090 .. because the climate is oscillating, exactly like how the market goes.. Up and Down! And it keep repeating the same thing over and over. But it will last till 2300 if we don't do anything, and probably till 2150 because in 2095-2105 we will start doing something. Cuz you know.. when we had similar oscillations it was during the Roman Empire or The Pyramids, but then the word didn't had 7 billion demons that consume, consume, consume! ... that keep cutting trees like hillbillies! It is just not sustainable. Because Everyone wants furniture & sh!t. So we will probably have to suffer some kind of war to get rid of the 7 billion vermin that is a plague for this planet for now.

Kill yourself and improve the world.

Uh dude. That over bitcoin price is harsh.
We need each other if we ever want to see bitcoin improve it's current stance against the fiat system.

He doesn't seem to get that yet.. (he probably a shill).. like the powers that be, wanting us to fight each other. But BTCiTcoin needs 10 more years of peace and stability between its supporters, then we are fine!

But I am thinking to invent during that time something like this to get rid of their destroyers and those who enslaved them!






Anyway... till then... go! go! go! rally!    

[egghead123]