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Question: Jan. 17 Closing Price:
$0 - 3 (2.7%)
<$6500 - 5 (4.5%)
$6,500-$7,000 - 6 (5.4%)
$7,000-$7,500 - 8 (7.2%)
$7,500-$8,000 - 16 (14.4%)
$8,000-$8,500 - 25 (22.5%)
$8,500-$9,000 - 10 (9%)
$9,000-$9,500 - 15 (13.5%)
>$9,500 - 23 (20.7%)
Total Voters: 111

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21494926 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (138 posts by 32 users deleted.)
pinger
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January 06, 2017, 10:09:30 AM

23-year history? Roll Eyes

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Ted E. Bare
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January 06, 2017, 10:22:06 AM

What is the FUD this time?
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January 06, 2017, 10:27:17 AM

This is the W bottom....

If the last dip candle finishes inside the B band, and then is confirmed with strength (volume and green) - the theory says from here it's UP

Fingers crossed!
W bottom could be the case indeed
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January 06, 2017, 10:32:19 AM

What is the FUD this time?

Check a weekly chart. Told you probably down, but not yesterday.
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January 06, 2017, 10:32:36 AM

Either this will hold now or we will go down to ~850USD is my guess.
Touching the lower bband in the hourly and the mid bband in the daily.

Quote
From the times today.....

http://www.thetimes.co.uk/edition/business/biggest-fall-in-bitcoin-blamed-on-the-chinese-r7qqphbwq



Biggest fall in bitcoin blamed on the Chinese
The value of bitcoins, the cryptocurrency, created by technologists to circumvent state-backed paper money, suffered the heaviest fall in its 23-year history

This is awesome stuff man!!
23 years old?? Cheesy
Whoever wrote that article seems absolutely not to have any background knowledge.
This is embarrassing!
Fake news!!!!
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January 06, 2017, 10:37:03 AM

Either this will hold now or we will go down to ~850USD is my guess.
Touching the lower bband in the hourly and the mid bband in the daily.

Quote
From the times today.....

....

....
23 years old?? Cheesy
....

Satoshi mined thousands of BTC secretly for years before releasing anything to public in 2008. HUGE dump coming soon! ..   Cheesy
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January 06, 2017, 10:39:39 AM

Under the assumption that we are currently forming the handle of a three year cup and handle, how low would the price need to go and how low could it go?
Searing
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January 06, 2017, 10:43:28 AM

Either this will hold now or we will go down to ~850USD is my guess.
Touching the lower bband in the hourly and the mid bband in the daily.

Quote
From the times today.....

....

....
23 years old?? Cheesy
....

Satoshi mined thousands of BTC secretly for years before releasing anything to public in 2008. HUGE dump coming soon! ..   Cheesy

AS long as BTC does not dump below $201.56 usd I'm golden (sorry guys it is all about me don't ya know) Smiley

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January 06, 2017, 10:48:12 AM

some of his points are right, but this guy posts too much daily. looks like an attention seeker imho https://redd.it/5mcxfa
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January 06, 2017, 10:52:11 AM


Satoshi mined thousands of BTC secretly for years before releasing anything to public in 2008. HUGE dump coming soon! ..   Cheesy

"The Hidden Premine of Satoshi" will be a better movie than "The rise and rise of Bitcoin"  Grin
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January 06, 2017, 10:53:24 AM

Under the assumption that we are currently forming the handle of a three year cup and handle, how low would the price need to go and how low could it go?

until may or june?
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January 06, 2017, 10:54:19 AM

As per someone on reddit making a post, it's time to stop this bumpy ride. It's quite unusual to go for a nap and to see 5-10% price swings in either direction. At this point I miss some of the previous stability. The volume is still unusually high at over $450 Million for the last 24 hours.

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January 06, 2017, 10:57:12 AM

As per someone on reddit making a post, it's time to stop this bumpy ride. It's quite unusual to go for a nap and to see 5-10% price swings in either direction. At this point I miss some of the previous stability. The volume is still unusually high at over $450 Million for the last 24 hours.



1.2 billion past 48
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January 06, 2017, 11:05:25 AM

Under the assumption that we are currently forming the handle of a three year cup and handle, how low would the price need to go and how low could it go?

A handle tends to be a drop of between 30% and 50% from the top of the cup rim (i.e. between $587 and $820)
savetherainforest
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January 06, 2017, 11:07:55 AM

23-year history? Roll Eyes




Best laugh I had all year!!! Cheesy Cheesy Cheesy

23 years... =))))) ... LuLz! Cheesy Cheesy
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January 06, 2017, 11:09:11 AM

Under the assumption that we are currently forming the handle of a three year cup and handle, how low would the price need to go and how low could it go?

A handle tends to be a drop of between 30% and 50% from the top of the cup rim (i.e. between $587 and $820)

I'd be happy with that range - I have a few buy orders scattered around those values already, as I'm usually caught napping during the surges...
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January 06, 2017, 11:12:00 AM

Support broken. Looks like we are in the middle of the second leg down of A.
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January 06, 2017, 11:12:56 AM

Under the assumption that we are currently forming the handle of a three year cup and handle, how low would the price need to go and how low could it go?

A handle tends to be a drop of between 30% and 50% from the top of the cup rim (i.e. between $587 and $820)

I'd be happy with that range - I have a few buy orders scattered around those values already, as I'm usually caught napping during the surges...

Minus the ~$200 bottom of the cup. So ~$682-876. But really, I wouldn't expect anything too conventional here.
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January 06, 2017, 11:14:30 AM

23-year history? Roll Eyes




Best laugh I had all year!!! Cheesy Cheesy Cheesy

23 years... =))))) ... LuLz! Cheesy Cheesy

The quality of journalism in the once revered Times newspaper, is now as poor as any other trashy mainstream rag.
"Bitcoins 23% drop biggest in its 23 year history" indeed.
Bitcoin has experienced far more violent price movements in its 8 year history. For instance in a 24 hour period 6 - 7th Dec 2013 fell price on Stamp fell from roughly 1020 to 550 which is 185%.
Or from 10th to 11th April 2013 price fell from $260 to under $60 around $430% those were the days.
Bitcoin is a model of stability now in comparison.
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January 06, 2017, 11:15:55 AM

around 700-750$ till tomorrow it would be ok!
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