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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26367216 times)
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hlynur
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May 02, 2013, 01:06:54 PM
 #3021

why are there hourly dumps for the last three hours? (ca. 12:30, 13:30, 14:30)
next dump in half an hour or am I just seeing things that are not there?


I noticed a similar trend last week. Some very very big player slowly cashing out? Selling a bit at a time to reduce slippage?

But that's kinda silly, he'd be much better off going OTC.

but next dumps should be huge to push to double digits, right?.
Still there's a big wall at 100$
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DougTanner
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May 02, 2013, 01:09:56 PM
 #3022

Yes , they are parting away, NOT GOOD AT ALL



The graph doesn't start at zero though, so it's a bit misleading. But still not a good sign.

And LOL a tiny buy pushes the price up to $112:

gizmoh
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May 02, 2013, 01:14:51 PM
 #3023

It is amazing that no bull is defending the battle by pushing it up, Its 180 degrees move from early morning pushing to 126..Those asians are nuts!!
hlynur
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May 02, 2013, 01:18:59 PM
 #3024

It is amazing that no bull is defending the battle by pushing it up, Its 180 degrees move from early morning pushing to 126..Those asians are nuts!!
perhaps all bulls are waiting in the starting blocks around 100$ to rally back up to 120$.
AmazonStuff
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May 02, 2013, 01:22:50 PM
 #3025

why are there hourly dumps for the last three hours? (ca. 12:30, 13:30, 14:30)
next dump in half an hour or am I just seeing things that are not there?


I noticed a similar trend last week. Some very very big player slowly cashing out? Selling a bit at a time to reduce slippage?

But that's kinda silly, he'd be much better off going OTC.

but next dumps should be huge to push to double digits, right?.
Still there's a big wall at 100$

It's almost the time for the fourth push, every dump was stronger than previous, let's see what will happen this time.
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May 02, 2013, 01:24:19 PM
 #3026

It is amazing that no bull is defending the battle by pushing it up, Its 180 degrees move from early morning pushing to 126..Those asians are nuts!!
perhaps all bulls are waiting in the starting blocks around 100$ to rally back up to 120$.
I Agree. And personally am one of them
hlynur
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May 02, 2013, 01:30:22 PM
 #3027

why are there hourly dumps for the last three hours? (ca. 12:30, 13:30, 14:30)
next dump in half an hour or am I just seeing things that are not there?


I noticed a similar trend last week. Some very very big player slowly cashing out? Selling a bit at a time to reduce slippage?

But that's kinda silly, he'd be much better off going OTC.

but next dumps should be huge to push to double digits, right?.
Still there's a big wall at 100$

It's almost the time for the fourth push, every dump was stronger than previous, let's see what will happen this time.

4th push starting (with some burpses in the beginning Smiley)
gizmoh
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May 02, 2013, 01:44:05 PM
 #3028

It is amazing that no bull is defending the battle by pushing it up, Its 180 degrees move from early morning pushing to 126..Those asians are nuts!!
perhaps all bulls are waiting in the starting blocks around 100$ to rally back up to 120$.
I Agree. And personally am one of them

At 100-105 there is no way it will return and stabilize at 120 again, maybe around 110 but not 120.  After each push back a new lower support is formed, which would confirm a slow slippage downwards
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May 02, 2013, 01:47:41 PM
 #3029

It is amazing that no bull is defending the battle by pushing it up, Its 180 degrees move from early morning pushing to 126..Those asians are nuts!!
perhaps all bulls are waiting in the starting blocks around 100$ to rally back up to 120$.
I Agree. And personally am one of them

At 100-105 there is no way it will return and stabilize at 120 again, maybe around 110 but not 120.  After each push back a new lower support is formed, which would confirm a slow slippage downwards

We just went from $50 to $165. "there is no way" is famous last words predicting the Bitcoin market.
DougTanner
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May 02, 2013, 01:48:21 PM
 #3030

Here we go?



Yup.

Nightowlace
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May 02, 2013, 01:49:20 PM
 #3031

It is amazing that no bull is defending the battle by pushing it up, Its 180 degrees move from early morning pushing to 126..Those asians are nuts!!
perhaps all bulls are waiting in the starting blocks around 100$ to rally back up to 120$.
I Agree. And personally am one of them

Me too.
samson
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May 02, 2013, 01:50:49 PM
 #3032

We just went from $50 to $165. "there is no way" is famous last words predicting the Bitcoin market.

That jump to $165 worked out real well didn't it ?

Now we retrace.
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May 02, 2013, 01:52:21 PM
 #3033

come on you damn confirmations
Nightowlace
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May 02, 2013, 01:56:40 PM
 #3034

In all honesty I am a happy bull but I have been speaking with many people in the community as well as people who wish to get into BTC and the common response from everyone is that it's just too high right now. From the poker players to the Silk Road users to the noobs. Many people want to see $50-$75 again so they can feel "comfortable" buying in or paying for their habits.
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May 02, 2013, 01:58:27 PM
 #3035

It is amazing that no bull is defending the battle by pushing it up, Its 180 degrees move from early morning pushing to 126..Those asians are nuts!!
perhaps all bulls are waiting in the starting blocks around 100$ to rally back up to 120$.
I Agree. And personally am one of them

At 100-105 there is no way it will return and stabilize at 120 again, maybe around 110 but not 120.  After each push back a new lower support is formed, which would confirm a slow slippage downwards

We just went from $50 to $165. "there is no way" is famous last words predicting the Bitcoin market.

once bitten, twice shy. The situation has changed, and i was talking very short term, as we already bounced back once on a now bearish market.
rpietila
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May 02, 2013, 01:58:54 PM
 #3036

I consider that $95-$99 range is irresistible. But afterwards we are going higher. Long term, about 15% weekly increase is sustainable and it will carry us to $10,000+ coin before christmas.
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May 02, 2013, 02:00:38 PM
 #3037

y2kcamaross
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May 02, 2013, 02:00:54 PM
 #3038

I consider that $95-$99 range is irresistible. But afterwards we are going higher. Long term, about 15% weekly increase is sustainable and it will carry us to $10,000+ coin before christmas.
Roll Eyes
DougTanner
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May 02, 2013, 02:01:36 PM
 #3039

I consider that $95-$99 range is irresistible. But afterwards we are going higher. Long term, about 15% weekly increase is sustainable and it will carry us to $10,000+ coin before christmas.

 Roll Eyes
NamelessOne
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May 02, 2013, 02:02:02 PM
 #3040

I consider that $95-$99 range is irresistible. But afterwards we are going higher. Long term, about 15% weekly increase is sustainable and it will carry us to $10,000+ coin before christmas.
I'm usual have the bull in my blood, but feeling the bear lately. I'd love $10,000usd per coin by Christmas but I think that is just way too high.
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