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

[WeltMaster]

Looking back to the 2011 bubble and seeing a price of 31USD, that's still a bargain to buy then and hold.

All this shorting (now) is too risky and I'm glad what I did sell was over 100. Selling now seems almost as daft to me as buying at 200USD to try to "catch the top" and make a profit.

Good luck to all those "short term bears", I can see plenty of blood in the coming weeks.

[1715089080]

1715089080

[kickinyou]

after the purchase of 8K B, it is still only 1K B less to 80 (25K)

[Dalib]

someone came in and bought a 5k?
like crazy jump from 100 to 109 began ...

[N12]

May 31st, MtGox: 130-126 price range. You should have sold in May and gone away.

And concerning any bounces caused by "huge smart money", have a look at this again:

How hard is it to believe that a good number of the whales are smart, savvy geeks like us who can see the incredible potential, but with just a fuck ton more cash? And they throw in a few % of their net worth to hold for the next few years... and everyone in the wall thread is like OH SHIT 10K BUY  haha

Smart money so clever! Smart money, trading against the trend.

Do you really want to be a part of this "smart money"?

[yefi]

someone came in and bought a 5k?
like crazy jump from 100 to 109 began ...

lol, that would be fun. I better place some bids 5k under and asks 5K over.

[Dalib]

It's crazy Sunday 


I wonder what will happen next...

[Ultraviolet]

Literally every other rally so far has been followed by little/no volume and then killed within a few hours by selloffs. Hard to believe this one would be different when coins sub $67 are so easily achievable by manipulation.

[Kazu]

It's crazy Sunday 


I wonder what will happen next...

Maybe what both those overbought indicators indicate.

[Its About Sharing]

May 31st, MtGox: 130-126 price range. You should have sold in May and gone away.

And concerning any bounces caused by "huge smart money", have a look at this again:

How hard is it to believe that a good number of the whales are smart, savvy geeks like us who can see the incredible potential, but with just a fuck ton more cash? And they throw in a few % of their net worth to hold for the next few years... and everyone in the wall thread is like OH SHIT 10K BUY  haha

Smart money so clever! Smart money, trading against the trend.

Do you really want to be a part of this "smart money"?

Missing it Blitz. All I see is some volume coming in on those highlighted days.

[N12]

All those spikes with their huge candle shadows were mostly the result of 1 person buying 10-15k at once against the trend. I actually mislabeled the first one even though it was probably the most ridiculous, you should be able to spot it.

The point is that even though they bought that much, the market didn't reverse.

[Its About Sharing]

It's crazy Sunday 


I wonder what will happen next...

Maybe what both those overbought indicators indicate.

I also don't understand this chart. When I look at it here http://bitcoincharts.com/charts/mtgoxUSD#rg60ztgSzm1g10zm2g25zi1gMACDzi2gSStochzi3gMFIzi4gStochRSIzv
I see oversold, quite oversold. Sitting on key support, we really might bounce up, but I don't trust this...

[Its About Sharing]

All those spikes with their huge candle shadows were mostly the result of 1 person buying 10-15k at once against the trend. I actually mislabeled the first one even though it was probably the most ridiculous, you should be able to spot it.

Ahhh, because the time frame is so short. Yes, I remember when those bounces happened it was quite apparent. Just not used to looking at that kind of chart...
That "manipulator" came in, as I remember, to Save a Sunday, Bloody Sunday around 3 weeks ago.

[Its About Sharing]

And here we go, moving up over yesterdays move up, on lower volume then yesterday. Last 3 times that happend recently (I posted those pics a while ago) we came down hard.

[Dalib]

It's crazy Sunday  
[/img]
I wonder what will happen next...

Maybe what both those overbought indicators indicate.

yes the market has been very overbought, now is "oversold in short time".

It will be interesting as the demand increases and if the wall will move higher. ..

[Walsoraj]

Most of these buys are me. I've got a few more up my sleeves.

[wonkytonky]

And here we go, moving up over yesterdays move up, on lower volume then yesterday. Last 3 times that happend recently (I posted those pics a while ago) we came down hard.

it makes sense doesnt it..

reloading with coins to dump again..  .. buying up doesnt work for now..

maybe it's a realy big fish testing the market.. if it's ready for trend reversal.   and it seems not


goddamit.; since when i became a bear..     hope to be bull again arround 50's   but i'm just guessing them big boys gonne push it even harder..   
 

[Its About Sharing]

All those spikes with their huge candle shadows were mostly the result of 1 person buying 10-15k at once against the trend. I actually mislabeled the first one even though it was probably the most ridiculous, you should be able to spot it.

Ahhh, because the time frame is so short. Yes, I remember when those bounces happened it was quite apparent. Just not used to looking at that kind of chart...
That "manipulator" came in, as I remember, to Save a Sunday, Bloody Sunday around 3 weeks ago.

And I just noticed the same thing happened a few minutes ago with a large buy, pretty much going against the trend.

[vitalemontea]

Most of these buys are me. I've got a few more up my sleeves.

This jaroslaw shit is getting annoying

[Its About Sharing]

Someone want to make a prediction for tomorrow or the day after?

[ChartBuddy]