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

[samson]

The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.

I wouldn't call it scary, more a buying opportunity coming our way.

Obviously to take advantage of this you would need to sell some of your BTC and wait.

[1714061871]

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[1714061871]

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[1714061871]

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[ChartBuddy]

[Jaques]

I would get quite excited with 31,xx coins ...  
but for now 106/107 would just fit my expectations

[sarc]

The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.

I wouldn't call it scary, more a buying opportunity coming our way.

Obviously to take advantage of this you would need to sell some of your BTC and wait.

if the $80+ fall in price it predicts were to materialize, I suspect many folk would be reaching for fresh underwear...so scary probably isn't too wide of the (skid?) mark!

[michaelGedi]

speculation - the return to 113 now is due in large part to the big buyer on Friday deciding to sell a few (less large) increments out again? The "breakout" they were either trying to induce or participating in hasn't materialised so they just want to play wait and see with everyone else?

[samson]

The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.

I wouldn't call it scary, more a buying opportunity coming our way.

Obviously to take advantage of this you would need to sell some of your BTC and wait.

if the $80+ fall in price it predicts were to materialize, I suspect many folk would be reaching for fresh underwear...so scary probably isn't too wide of the (skid?) mark!

Not me, I sold all my BTC at $162 and I'm still waiting for a nice entry point. I haven't found it yet.

[ChartBuddy]

[jl2012]

The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.

Don't forget reward halve

[molecular]

The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.

I wouldn't call it scary, more a buying opportunity coming our way.

Obviously to take advantage of this you would need to sell some of your BTC and wait.

if the $80+ fall in price it predicts were to materialize, I suspect many folk would be reaching for fresh underwear...so scary probably isn't too wide of the (skid?) mark!

Not me, I sold all my BTC at $162 and I'm still waiting for a nice entry point. I haven't found it yet.

just don't be that guy.

[Coinseeker]

The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.

I wouldn't call it scary, more a buying opportunity coming our way.

Obviously to take advantage of this you would need to sell some of your BTC and wait.

if the $80+ fall in price it predicts were to materialize, I suspect many folk would be reaching for fresh underwear...so scary probably isn't too wide of the (skid?) mark!

Not me, I sold all my BTC at $162 and I'm still waiting for a nice entry point. I haven't found it yet.

just don't be that guy.

I'm sure they said something similar to people about the Titanic.  

[molecular]

I'm sure they said something similar to people about the Titanic.  

haha, good one .

[nimda]

Drew no lines

[ChartBuddy]

[StarenseN]

And me Andrew Lines http://andrewlines.com/ 

[sarc]

The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.

Don't forget reward halve

True, but for that to have been a significant driver of changes (and so relevant), wouldn't there need to be a correlated reduction in coin availability in the market? There wasn't one was there?

[ChartBuddy]

[SlipperySlope]

Low volume may pick up as we have come to expect late Sunday.

[CMMPro]

Low volume may pick up as we have come to expect late Sunday.

This is my TA as well....falling wedge.

[ChartBuddy]

[crazy_rabbit]

Wow, this thread is getting pretty boring. Price movements of a couple dollars is about the most anyone hopes for.

Stability. Good times!