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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26484045 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Its About Sharing
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July 13, 2013, 09:24:09 PM
 #23481

Abandon - What your chart needs is more lines, I mean Cowbells...



But seriously, looks like it is rolling over. I remember that at $130.  Cry
Dalib
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July 13, 2013, 09:26:32 PM
 #23482

Please someone correct me if i'm wrong, i'm still learning, but i see a bearish wedge almost to conclude.
Should we be testing $80's soon? What do you think?  Smiley
I think we might see $70 within 48 hours.

I do not want to predict accurately whether 80 or 70 and at what time  Wink

But some indicators suggest that the market is overbought after the rapid boom from 69 to 94 (a peak 104).



I assume that the 104 was the top of this wave will soon see low. (it may not be in 48 hours Wink )




Its About Sharing
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July 13, 2013, 09:27:39 PM
 #23483

Please someone correct me if i'm wrong, i'm still learning, but i see a bearish wedge almost to conclude.
Should we be testing $80's soon? What do you think?  Smiley
I think we might see $70 within 48 hours.

I do not want to predict accurately whether 80 or 70 and at what time  Wink

But some indicators suggest that the market is overbought after the rapid boom from 69 to 94 (a peak 104).



I assume that the 104 was the top of this wave will soon see low. (it may not be in 48 hours Wink )






What are you seeing as the max down movement? Range?
Dalib
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July 13, 2013, 09:34:25 PM
 #23484

Please someone correct me if i'm wrong, i'm still learning, but i see a bearish wedge almost to conclude.
Should we be testing $80's soon? What do you think?  Smiley
I think we might see $70 within 48 hours.
I do not want to predict accurately whether 80 or 70 and at what time  Wink
But some indicators suggest that the market is overbought after the rapid boom from 69 to 94 (a peak 104).

I assume that the 104 was the top of this wave will soon see low. (it may not be in 48 hours Wink )


EDIT: But I am not a bear, I'm trying to estimate how much Bitcoin hold, how much to sell over 100 a buy under 80 and many under 60

I think that tactic of portfolio allocation to different positions is more important than catching tomorrow's prices.
gizmoh
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July 13, 2013, 10:00:11 PM
 #23485

Whales pointing their nose again with coordinated big buys within few minutes, trying to incite another rally???
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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July 13, 2013, 10:01:46 PM
 #23486

Dalib
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July 13, 2013, 10:03:00 PM
 #23487

Whales pointing their nose again with coordinated big buys within few minutes, trying to incite another rally???

It looks a bit like bulls in action;))) We'll see how long it lasts ...
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July 13, 2013, 10:08:09 PM
 #23488

Aaand it's gone...

gizmoh
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July 13, 2013, 10:08:35 PM
 #23489

I was right, 2k wall just pooped up at 95, the big manipulation boys are back! Its going to be tough this time to fight the monster asks ahead.

Edit: wall vanished
solex
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July 13, 2013, 10:14:31 PM
 #23490

One thing is clear to me, we are still on a downtrend unless we touch at least $108 and $120 later (i always look at daily charts for that matter)

The price action in the last few hours indicates that $108 is in the gun-sights. There is no real enthusiasm for a full retreat after the foray to $104.
Loozik
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July 13, 2013, 10:20:42 PM
 #23491

I wonder when panic buying is going to start. Next cheap coins, after Mrs Markets have climaxed again with a higher high, will be in region of 103 - 105...
Walsoraj
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July 13, 2013, 10:28:42 PM
 #23492

My USD cannons are firing. I intend to rocket us past $102, at the least.  Cheesy
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July 13, 2013, 10:33:17 PM
 #23493

My USD cannons are firing. I intend to rocket us past $102, at the least.  Cheesy

Very good. Keep on good work  Grin
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July 13, 2013, 10:37:49 PM
 #23494

One thing is clear to me, we are still on a downtrend unless we touch at least $108 and $120 later (i always look at daily charts for that matter)

The price action in the last few hours indicates that $108 is in the gun-sights. There is no real enthusiasm for a full retreat after the foray to $104.

I can hardly see the enthusiasm in the bids (wall is found at 90), only coordinated large buys from a (few) whale to entice panic buying again.. And you know they always shit on us  later on..
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July 13, 2013, 10:42:07 PM
Last edit: July 13, 2013, 10:53:36 PM by Abandon
 #23495

Reverse Head and Shoulders that broke the neckline. Looks like we can expect yet another bubble.
Ultraviolet
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July 13, 2013, 10:42:28 PM
 #23496


I can hardly see the enthusiasm in the bids (wall is found at 90), only coordinated large buys from a (few) whale to entice panic buying again.. And you know they always shit on us  later on..

I think it's more profitable for whales to let the ask side build depth below 100 and then market buy rather than put up a 5k wall at like 94 that never gets filled.
Loozik
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July 13, 2013, 10:55:57 PM
 #23497

One thing is clear to me, we are still on a downtrend unless we touch at least $108 and $120 later (i always look at daily charts for that matter)

The price action in the last few hours indicates that $108 is in the gun-sights. There is no real enthusiasm for a full retreat after the foray to $104.

I can hardly see the enthusiasm in the bids (wall is found at 90), only coordinated large buys from a (few) whale to entice panic buying again.. And you know they always shit on us  later on..

Whales are your friends. When whales make mistakes, you just seize the opportunity and screw them.

Trust me, whales make mistakes very frequently, not only here (our whales are still in their infancy), but also in more matured / unfriendly markets. I saw traders from SG, Rabo and others blowing huge accounts and smart traders screwing them rather easily and mercilessly.

Go to:
- ''kreslik'' trading forum - this used to be a very good forum, now it became shitty
- ''steven hopwood something'' forum - never been there but a fellow trader posted there (not sure if he still posts) so posts and learning resources must be of good quality
and learn how to screw whales.
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July 13, 2013, 11:05:31 PM
 #23498

My USD cannons are firing. I intend to rocket us past $102, at the least.  Cheesy

Shooting blanks again - or did the mice get at your powder?
Loozik
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July 13, 2013, 11:14:42 PM
 #23499

My USD cannons are firing. I intend to rocket us past $102, at the least.  Cheesy

Shooting blanks again - or did the mice get at your powder?

He is waiting for the price to go down a bit, right?

gizmoh
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July 13, 2013, 11:16:44 PM
 #23500

Reverse Head and Shoulders that broke the neckline. Looks like we can expect yet another bubble.

I'd bet they wanted to mess with the charts also  Roll Eyes

At loozik, in a small market like bitcoin ,it is easier to manipulate hence profit.
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