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

[KS]

why won't people sell lower on stamp...the arbitrage from gox to stamp sucks since it's hard to get fiat back into gox.

That will change when they bring LTC online. You'll be able to convert fiat to LTC and send it to Gox. It might prove expensive, but you never know when you need it. Better pay a bit more than lose an opportunity because of banks.

[Miz4r]

Someone bought 7k coins at $125. Was that our Walzilla?

[darklight]

Wow some huge trades going on. Just saw 3000 BTC get bought.

It would seem that the main winner in this, as always, is mt gox

[ShroomsKit]

Wow, crazy buying!

[SlipperySlope]

A May support trendline has been tested and held.

[Ares]

LMAOOOOOOOOOOOOO

[smoothie]

EPIC BEAR TRAP LOLz!

[Miz4r]

And we're back to $129! Omg this is hilarious!

[ronaldlee0917]

we are back to 129
No, we even break resistance at 130.

[ShroomsKit]

Well, looks like were back at 2 weeks ago. We'll reach 130 again in 10 days followed by another big dump and repeat it all over again

Yes, i realize how EXTREMELY wrong my prediction was haha.

[FNG]

new HOD

lol bears

[arklan]

boing!

[StarenseN]

huhu fake 6K 125$ wall

[Miz4r]

Well it seems the day traders are back again lol. Let's trade this $10 swing.

[NamelessOne]

Well, looks like were back at 2 weeks ago. We'll reach 130 again in 10 days followed by another big dump and repeat it all over again

I highly doubt it, the trendline since 50 has now been pretty brutally smashed. I feel 100 isn't far off at this point. I don't care about the buying happening at the moment, just the bounce after a huge drop. This feels like a desperation push by a big player, we could be testing the broken trendline now before continued drop. These big players should have come out in the last couple days to get us over 132-135. Already back at 123 before I finished this. Lets see where we go. I'd love to be wrong.

[bobdude17]

It's as if someone let go of the market reins...

[smoothie]

V O L A T I L I T Y

[gizmoh]

WTF world war 3 on a sunday morning..The best roller coaster ever..managed to sell part at 130

[ShroomsKit]

Well, looks like were back at 2 weeks ago. We'll reach 130 again in 10 days followed by another big dump and repeat it all over again

I highly doubt it, the trendline since 50 has now been pretty brutally smashed. I feel 100 isn't far off at this point. I don't care about the buying happening at the moment, just the bounce after a huge drop. This feels like a desperation push by a big player, we could be testing the broken trendline now before continued drop. These big players should have come out in the last couple days to get us over 132-135. Already back at 123 before I finished this. Lets see where we go. I'd love to be wrong.

Damn, going back to 100 would be really bad.

[SlipperySlope]

Supposing that the big sale was a shock and not a trend reversal, I expect that a triangle consolidation pattern will unfold on the 15-minute chart, perhaps with the apex at  $125.