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

[bitserve]

... and BOOM!

[deepcolderwallet]

I hear the stampede coming in bitstamp. 4200BTC in sell orders one hour ago, 3600BTC right now.

Possible breakout at 2350$ support.

2350$ is past already.

[Punisher1314]

I hear the stampede coming in bitstamp. 4200BTC in sell orders one hour ago, 3600BTC right now.

Possible breakout at 2350$ support.

2350$ is past already.

Yup, faster than expected lol. Just after that Bitstamp stopped loading well in my pc, so i suppose the fun started 

[bitserve]

I hear the stampede coming in bitstamp. 4200BTC in sell orders one hour ago, 3600BTC right now.

Possible breakout at 2350$ support.

2350$ is past already.

Yup, faster than expected lol. Just after that Bitstamp stopped loading well in my pc, so i suppose the fun started 

Next resistance?

[Punisher1314]

I hear the stampede coming in bitstamp. 4200BTC in sell orders one hour ago, 3600BTC right now.

Possible breakout at 2350$ support.

2350$ is past already.

Yup, faster than expected lol. Just after that Bitstamp stopped loading well in my pc, so i suppose the fun started 

Next resistance?

Not sure, but i expect not so much until the 2600$. Let's see what happens at 2400$

[HI-TEC99]

I hear the stampede coming in bitstamp. 4200BTC in sell orders one hour ago, 3600BTC right now.

Possible breakout at 2350$ support.

2350$ is past already.

Yup, faster than expected lol. Just after that Bitstamp stopped loading well in my pc, so i suppose the fun started  

Next resistance?

On OKCoin it's 16800 CNY. The Chinese are throwing money at Bitcoin on OKCoin now they are allowed to withdraw Bitcoins again.

[BitcoinNewsMagazine]

I hear the stampede coming in bitstamp. 4200BTC in sell orders one hour ago, 3600BTC right now.

Possible breakout at 2350$ support.

2350$ is past already.

Yup, faster than expected lol. Just after that Bitstamp stopped loading well in my pc, so i suppose the fun started 

Next resistance?

$2412 then $2565

[deepcolderwallet]

I hear the stampede coming in bitstamp. 4200BTC in sell orders one hour ago, 3600BTC right now.

Possible breakout at 2350$ support.

2350$ is past already.

Yup, faster than expected lol. Just after that Bitstamp stopped loading well in my pc, so i suppose the fun started 

Next resistance?

$2412 then $2565

IMO $2412 won't hold!

[deepcolderwallet]

Bitcoin just waited for the calendar page to change! June is already here, with new ATHs to break, gentleman!

[bitserve]

A new ATH this month is maybe to much to expect (but I wouldnt be surprised at all). Thinking long term it would be better is this month would be just a consolidation of around $2500.

[hulla]

I hear the stampede coming in bitstamp. 4200BTC in sell orders one hour ago, 3600BTC right now.

Possible breakout at 2350$ support.

2350$ is past already.

Yup, faster than expected lol. Just after that Bitstamp stopped loading well in my pc, so i suppose the fun started 

Next resistance?

On OKCoin it's 16800 CNY. The Chinese are throwing money at Bitcoin on OKCoin now they are allowed to withdraw Bitcoins again.

It nice that they now allow the withdrawal of bitcoin via OKcoin but how about the KYC issue. Nevertheless, The Chinese might throw money into bitcoin but the trade made on Bitstamp is pretty cool than that of Okcoin at the moment.

[Okurkabinladin]

A new ATH this month is maybe to much to expect (but I wouldnt be surprised at all). Thinking long term it would be better is this month would be just a consolidation of around $2500.

Yes, we need to have another retest of ATH, unless it breaks out decisively we are looking at couple more weeks of consolidation. However, even then I more positive then ever, that we are not going to see sub-1500 anytime soon. This bull trend is incredibly strong and once we retest lows one more time, we can resume the growth.

We could eventually even reach 5k USD/per bitcoin this year, who knows?

[HI-TEC99]

I hear the stampede coming in bitstamp. 4200BTC in sell orders one hour ago, 3600BTC right now.

Possible breakout at 2350$ support.

2350$ is past already.

Yup, faster than expected lol. Just after that Bitstamp stopped loading well in my pc, so i suppose the fun started  

Next resistance?

On OKCoin it's 16800 CNY. The Chinese are throwing money at Bitcoin on OKCoin now they are allowed to withdraw Bitcoins again.

It nice that they now allow the withdrawal of bitcoin via OKcoin but how about the KYC issue. Nevertheless, The Chinese might throw money into bitcoin but the trade made on Bitstamp is pretty cool than that of Okcoin at the moment.

I think they want excessive KYC like ID cards scans, and video verification. Some users who can't provide it will lose their Bitcoins. Okcoin is also imposing a $1m annual limit. The whales won't be happy about that. A million dollars is small change to a whale. How can Chinese whales manipulate the price on Okcoin if they are only allowed to withdraw a million dollars a year?

http://www.coindesk.com/okcoin-huobi-move-end-chinas-bitcoin-withdrawal-freeze/

A representative for has OKCoin confirmed a report today that withdrawals had resumed at the exchange, one of the largest in the world by volume. The spokesperson added, however, that withdrawals would be contingent on passing a verification requirement and prescribing to a $1m annual limit.

[BlindMayorBitcorn]

My favourite, Izabella Kaminsky, talks ICO's. https://soundcloud.com/user-544122300/ftavchatsicos
It's a shame, too. She has a face for television.

[JayJuanGee]

A new ATH this month is maybe to much to expect (but I wouldnt be surprised at all). Thinking long term it would be better is this month would be just a consolidation of around $2500.

Yes, we need to have another retest of ATH, unless it breaks out decisively we are looking at couple more weeks of consolidation. However, even then I more positive then ever, that we are not going to see sub-1500 anytime soon. This bull trend is incredibly strong and once we retest lows one more time, we can resume the growth.

We could eventually even reach 5k USD/per bitcoin this year, who knows?

It is quite possible that the testing of the lows are done.


Even though there are attempts to keep the price down and even get below $2k, we keep trickling back up... up and up and up.

Might not be another down test until somewhere between $4k and $6k?

[Okurkabinladin]

A new ATH this month is maybe to much to expect (but I wouldnt be surprised at all). Thinking long term it would be better is this month would be just a consolidation of around $2500.

Yes, we need to have another retest of ATH, unless it breaks out decisively we are looking at couple more weeks of consolidation. However, even then I more positive then ever, that we are not going to see sub-1500 anytime soon. This bull trend is incredibly strong and once we retest lows one more time, we can resume the growth.

We could eventually even reach 5k USD/per bitcoin this year, who knows?

It is quite possible that the testing of the lows are done.


Even though there are attempts to keep the price down and even get below $2k, we keep trickling back up... up and up and up.

Might not be another down test until somewhere between $4k and $6k?

Perhaps you are right  however, winter... weekend is coming. And we all know what happens during weekends... unless, some great info emerges, that would break back of bear whales.

I also find it very bullish, that predictions about resolution of bitcoin withdrawals in China proved to be correct. Before PBOC intervention, China was the market leader pushing the price up and being ahead of west by 5% on average. We should see that now again.

This summer will be quite eventful.

[marcus_of_augustus]

My favourite, Izabella Kaminsky, talks ICO's. https://soundcloud.com/user-544122300/ftavchatsicos
It's a shame, too. She has a face for television.

... can't.look.away.

[TeeBone]

Bullish action. Clear 2560 (78% retrace)...say hello to 3 dimes+

[jbreher]

700 BTC sell wall coming and going on GDAX. Fun times.

[Elwar]

RocketTrain.gif