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

[10c]

I posted a pic on 887
I didn't even get 1 response on it.
Maybe everyone I thought I was trolling about it.
I even backet it by logic that many could follow and put in the time to photoshop it (had to make brush preset and all just for the dotted line)  
I actually hoped to it would bring about a discussion. The original poster actually put in time and effort to make it and back it.
The original picture is nice and will be a good proof for us as time progresses and we have more data on the 2013.
my point was it doen't yet say that much as was also mentioned in dexX7's post as the parameters have changed.

[Jozzaboy]

I posted a pic on 887
I didn't even get 1 response on it.
Maybe everyone I thought I was trolling about it.
I even backet it by logic that many could follow and put in the time to photoshop it (had to make brush preset and all just for the dotted line)  
I actually hoped to it would bring about a discussion. The original poster actually put in time and effort to make it and back it.
The original picture is nice and will be a good proof for us as time progresses and we have more data on the 2013.
my point was it doen't yet say that much as was also mentioned in dexX7's post as the parameters have changed.

Can someone translate this? or post this picture? 

[fr33d0miz3r]

It's interesting. Time will tell.

If we go up in a week, I think it will be a confirmation of uptrend, if your picture is right.

[betaknight]

the action at the 101's is looking good; going to add some leverage to long positions via btc.sx

[Rampion]

Mini-rally time?

[adamstgBit]

Mini-rally time?

nope Major rally time.

this one is going to last months 

[BitPirate]

... and we're off!


Will be interesting to see if some of those 13k in bids down to $95 will be panic-moved upwards...

[betaknight]

boom! timed that one just right, snuck in before a whale  Seeing size move up instead of being super patient like the past two days. We're shaping up for a breakout to the upside.

[Jozzaboy]

Mini-rally time?

nope Major rally time.

this one is going to last months 

You just HAD to say it. Now we have a 200 BTC buy wall XD

[ChartBuddy]

[rezurect]

Ammetuer observation :I see 102 To 100.

[Kupsi]

Mini-rally time?

nope Major rally time.

this one is going to last months 

Yes! We are entering the summer, and summer = rally time 

[gizmoh]

Numerous bids amounting from 100 to 400 all disappear at once just after a little rally..smells manipulation

[Ultraviolet]

boom! timed that one just right, snuck in before a whale  Seeing size move up instead of being super patient like the past two days. We're shaping up for a breakout to the upside.

Friday or Saturday night showed a major buy that spiked price temporarily into mid 103, but market showed no momentum after that and was characterized by sell offs. This was also only a 1k buy.

I would look for considerably more confirmation before having any faith at all in price rising to even 105, let alone surviving 105 without being met by large sells.

[betaknight]

boom! timed that one just right, snuck in before a whale  Seeing size move up instead of being super patient like the past two days. We're shaping up for a breakout to the upside.

Friday or Saturday night showed a major buy that spiked price temporarily into mid 103, but market showed no momentum after that and was characterized by sell offs. This was also only a 1k buy.

I would look for considerably more confirmation before having any faith at all in price rising to even 105, let alone surviving 105 without being met by large sells.

There has been enormous amounts of confirmation. I was short from the $130s (play on 100 euro's being a barrier), and after seeing how well btc has held up in the $95-100 range, I'm comfortable getting into longs.

as for "This was also only a 1k buy." - what should I be hoping to see? Someone pushing 10k at a time? My fundamental view is that bitcoin's adoption rate can support $100 btc's. Anything above is gravy.

The #'s make sense. Those that think the market can't support the thousands of coins being mined everyday (~3600), are forgetting about the fact that we're seeing over 1.5 million Android activations per day. That's straight from Google's mouth.       

 

[BitPirate]

Numerous bids amounting from 100 to 400 all disappear at once just after a little rally..smells manipulation

No! Simplest explanation: They actually wanted to buy, think they lowballed too low, and are now reconsidering higher offers so they can still get back in at a decent price point.

Sure, some may be manipulative walls, but the simplest explanation is usually the safest one.

[adamstgBit]

buy now or panic buy at 111, 180 in 10 business days   

[betaknight]

Numerous bids amounting from 100 to 400 all disappear at once just after a little rally..smells manipulation

No! Simplest explanation: They actually wanted to buy, think they lowballed too low, and are now reconsidering higher offers so they can still get back in at a decent price point.

Sure, some may be manipulative walls, but the simplest explanation is usually the safest one.

can't forget about the bots playing market makers. When the spread gets too thin they shut down and wait for easier chances to pick up nickels and dimes.

[ElectricMucus]

buy now or panic buy at 111, 180 in 10 business days   

panic buy now and sell at 109.99 in 2 days.

[drdanishkhan]

Adam your posts are sounding more reptelian every passing day??