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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21578992 times)
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DougTanner
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April 23, 2013, 02:13:05 PM
Last edit: April 23, 2013, 02:35:01 PM by DougTanner
 #1001

Triangle spotted. Ooops, I drew the volume line in the wrong spot, but whatever.



It was a bullish triangle!

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April 23, 2013, 02:16:15 PM
 #1002

what i find amazing is that before, when the $130 wall was there we were 58k btc down to $100. Even after nearly 10k btc bought the number has RISEN to 61k btc!

So the buying of the wall did'nt even scratch the bid side, in fact we've got stronger even after nearly 10k coins were bought

edit: back over 10k bids as well, first time ever yesterday
Whenever the price moves it drags orders behind it. Already thinking about how to compensate this in a chart.
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April 23, 2013, 02:18:07 PM
 #1003

what caused the "crash" when it went to 136 on the 19th?
Uhh people selling?

 Shocked Shocked Shocked
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April 23, 2013, 02:21:03 PM
 #1004

Smoothie, how come you are so fast to answer everywhere? I am starting to wonder if you have hired people or scripted bots to make your replies. You tend to write a new answer faster than I read the new posts in the interesting threads. Respect. Tongue
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April 23, 2013, 02:22:22 PM
 #1005

what caused the "crash" when it went to 136 on the 19th?

Last time when I bought at this price it crashed! So I better sell quickly now that I made 1% profit! Shocked
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April 23, 2013, 02:26:03 PM
 #1006

 
Smoothie, how come you are so fast to answer everywhere? I am starting to wonder if you have hired people or scripted bots to make your replies. You tend to write a new answer faster than I read the new posts in the interesting threads. Respect. Tongue

 Tongue can't sleep.

LOL not sure why. But it isn't coffee.
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April 23, 2013, 02:35:29 PM
Last edit: April 23, 2013, 02:47:03 PM by DougTanner
 #1007

$135 just fell.



And up.



And up.

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April 23, 2013, 02:36:18 PM
 #1008

Inb4 $140.
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April 23, 2013, 02:41:10 PM
 #1009

I agree with the direction the market is taking right now.
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April 23, 2013, 02:41:30 PM
 #1010

That panic/trying to induce panic seller that sold 6k yesterday when we hit 129 must be a little stumped right now, lol. Good! (unless of course they wanted that money and planned to leave the market when the price hit 129...)
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April 23, 2013, 02:42:35 PM
 #1011

what caused the "crash" when it went to 136 on the 19th?

Sellers sold.

what caused the "crash" when it went to 136 on the 19th?
Uhh people selling?

 Shocked Shocked Shocked

Let me rephrase that question:
What urged sellers to sell last time, when the price reached to 136?

Or:
What caused the sellers to believe that the price will go down after reaching this plateau of 136?

And in particular interest at this moment of time:
Why should it be different now?
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April 23, 2013, 02:43:40 PM
 #1012

That panic/trying to induce panic seller that sold 6k yesterday when we hit 129 must be a little stumped right now, lol. Good! (unless of course they wanted that money and planned to leave the market when the price hit 129...)

Or yu know, he could have been smart and somehow moved the money to BTC-E for a big profit. It does seem a bit weird that suddenly there was a huge buy on BTC-E just a few hours later.
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April 23, 2013, 02:44:05 PM
 #1013

push it past the trigger! its really not very costly, if we all hover over the buy button, 150 b4 thursday.
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April 23, 2013, 02:47:05 PM
 #1014

That panic/trying to induce panic seller that sold 6k yesterday when we hit 129 must be a little stumped right now, lol. Good! (unless of course they wanted that money and planned to leave the market when the price hit 129...)

Or yu know, he could have been smart and somehow moved the money to BTC-E for a big profit. It does seem a bit weird that suddenly there was a huge buy on BTC-E just a few hours later.
Was it you?  Grin I hardly watch BTC-E so yeah I wasn't aware of that. Was it a 5-6k buy? That would need a big BTC withdraw limit on mtgox.
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April 23, 2013, 03:04:01 PM
 #1015

The buying pressure is incredible. 15,000 BTC in support already above $128 (which we passed 2 hours ago  Shocked)

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April 23, 2013, 03:32:23 PM
 #1016

Profit taking time I guess.

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April 23, 2013, 05:18:48 PM
 #1017

So what happens now?

(Anyone else here or am I just talking to myself?)

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April 23, 2013, 05:20:41 PM
 #1018

Consolidation time? Or another rally soon? I think people are still cautious so I vote for consolidation and building support for a little while before starting another rally.
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April 23, 2013, 05:24:04 PM
 #1019

still someone on board who calls this a "bulltrap" ?
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April 23, 2013, 05:24:41 PM
 #1020

Consolidation time? Or another rally soon? I think people are still cautious so I vote for consolidation and building support for a little while before starting another rally.

Nan, panic buy time  Grin
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