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

[Richy_T]

and the more i think about that chart... perhaps time can only be integrated with a third dimension.
i just wonder if there is a way for displaying a more direct and obvious context to market evolution.

Ideally you'd want something interactive so you could scale and rotate and maybe playback over an accelerated timescale. That couldn't be integrated into the page though.

[ChartBuddy]

[ChartBuddy]

[ChartBuddy]

[ChartBuddy]

[dan99]

Moving Moving Up nice and steady ..

[420]

Moving Moving Up nice and steady ..

no, no it's not

[derpinheimer]

Moving Moving Up nice and steady ..

no, no it's not

Yes and Yes and Buy and Buy

You must be a troll. All you ever say is, "Price is going up slowly" in different words.

Price is actually heading down now. Low 70s in a few hours me thinks.

[ChartBuddy]

[Its About Sharing]

These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:
We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement.
Will be interesting to see what happens.

[ChartBuddy]

[solex]

Building a launchpad at $77. Next stop $90 

[wonkytonky]

its just a new trick of the big guys.. .. confusion ..
and then when nobody expects it..     TADAAAAA

or not

[hyphymikey]

Building a launchpad diving board at $77. Next stop $90 $50

FTFY

[tutkarz]

Looks to me that the ball was just the right size to get stuck in the 'ball trap' at the bottom. That's some serious shit - no way it could have bounced out of there. We could be here for a very long time unless someone gives it a very big kick.

So we have situation that no more people wants to sell because they are afraid of sudden price rise. At the other hand there are a lot of people who would buy if they could (argentina for example where price is already 30-40% more than gox). Then where the price could possibly go ....   (other than up - if someone didnt understand my sarcasm)

[Its About Sharing]

Looks to me that the ball was just the right size to get stuck in the 'ball trap' at the bottom. That's some serious shit - no way it could have bounced out of there. We could be here for a very long time unless someone gives it a very big kick.

So we have situation that no more people wants to sell because they are afraid of sudden price rise. At the other hand there are a lot of people who would buy if they could (argentina for example where price is already 30-40% more than gox). Then where the price could possibly go ....   (other than up - if someone didnt understand my sarcasm)

Wow, I had to check that and you are not lying! http://forexmagnates.com/bitcoins-soar-in-value-in-argentina-due-to-capital-control-laws-bitcoin-meetup-held-in-nations-capital/

Get the feeling things are moving in other parts of the world...

[Traktion]

These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:
We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement.
Will be interesting to see what happens.

It looks to me like the day traders are moving the price about in the short term, but the swing traders are sitting on the side lines waiting for a stronger signal.

We have the price bobbing about within a short range, complete with some big 'show' orders, but nothing has really moved much for 48 hours or so.

What will the stronger signal be? Well, I'm standing by my previous position still - sold at 75 (Bitstamp) and plan to buy back in the 60s (say, 66). I still can't see the enthusiasm for a strong upward move at this time, although some bigger movements will come sooner or later.

[Its About Sharing]

These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:
We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement.
Will be interesting to see what happens.

It looks to me like the day traders are moving the price about in the short term, but the swing traders are sitting on the side lines waiting for a stronger signal.

We have the price bobbing about within a short range, complete with some big 'show' orders, but nothing has really moved much for 48 hours or so.

What will the stronger signal be? Well, I'm standing by my previous position still - sold at 75 (Bitstamp) and plan to buy back in the 60s (say, 66). I still can't see the enthusiasm for a strong upward move at this time, although some bigger movements will come sooner or later.

I pretty much agree with your sentiment regarding the recent price move, in particular the swing traders waiting.

I am pretty sure we have been "manipulated" up a bit in the last few days, even with the oversold indicators on high. Those few large buy orders really changed the feeling.

I'm thinking a return to the 60's and then a bounce up and then a move to the 50's. Once we are there is anyones guess.

[bitcodo]

We are at 77.7777; came from 66.6666; going to 55.5555 or 88.8888?

Nobody believes uptrend is organic, no more panic buying, so we should go down.

[BitPirate]

These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:
We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement.
Will be interesting to see what happens.

Isn't the reality exactly the opposite of what you say? The price really wants to move up, but there is a huge wall preventing it?

Blinkered much?