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

[xorglub]

Let the panic buying begin !

[adamas]

100! Whats going on?
 

[Its About Sharing]

No, we will escape when they lose patience and start to buy in.

You forgot the other option, which is holders get scared and start to sell out.

scared of what? Long term investment is bullish still, there is no reason to be scared.

On my mind are those big buyers that brought us to this level. They played the indicators perfectly and now those indicators (RSI for example, Candles) are showing a reversal. Are the bids piled enough for them to start selling?

It is up to them if we go down. If they don't come in and dump, I have a feeling small guys will bring things back up.
That said, the correction is not over and capitulation never happened. Feels like we are between a rock and a hard place.
Be careful...

Ahhhh, they'rrrrrrrrre baaaaaaaaack...

[Dalib]

No, we will escape when they lose patience and start to buy in.

You forgot the other option, which is holders get scared and start to sell out.

scared of what? Long term investment is bullish still, there is no reason to be scared.

On my mind are those big buyers that brought us to this level. They played the indicators perfectly and now those indicators (RSI for example, Candles) are showing a reversal. Are the bids piled enough for them to start selling?

It is up to them if we go down. If they don't come in and dump, I have a feeling small guys will bring things back up.
That said, the correction is not over and capitulation never happened. Feels like we are between a rock and a hard place.
Be careful...

Ahhhh, they'rrrrrrrrre baaaaaaaaack...

yes, but it's very, very impulsive - the panic will be? or back to 95-96 and fluent up after this jump?

[Its About Sharing]

No, we will escape when they lose patience and start to buy in.

You forgot the other option, which is holders get scared and start to sell out.

scared of what? Long term investment is bullish still, there is no reason to be scared.

On my mind are those big buyers that brought us to this level. They played the indicators perfectly and now those indicators (RSI for example, Candles) are showing a reversal. Are the bids piled enough for them to start selling?

It is up to them if we go down. If they don't come in and dump, I have a feeling small guys will bring things back up.
That said, the correction is not over and capitulation never happened. Feels like we are between a rock and a hard place.
Be careful...

Ahhhh, they'rrrrrrrrre baaaaaaaaack...

yes, but it's very, very impulsive - the panic will be? or back to 95-96 and fluent up after this jump?

So far, "crickets" is the response. I'm wondering why they did the large buy below resistance and for an amount not to take us above it? They have big pockets, perhaps more is to come and they are just seeing the response.

I have a strong feeling, no matter how much we do run, that these guys want the bids to pile up higher so they can then do a large market order sell. Then repeat process at bottom.

[molecular]

off to go test 100, 105?

Maybe, but more volume is needed.
Otherwise hard to get over $97.

testing 100 indeed.



EDIT: only 1kBTC to break $100. Let's see...

[4mherewego]

above $100!

[lunarboy]

100 Gone

[Its About Sharing]

Buy large amount..... wait.... buy more... wait...
At least there is some excitement.

It just doesn't seem like people are piling on with buys outside the large buyer.

And a sell of 165!   

[xorglub]

The 100 asks keeps coming back, someone clears it, and it comes back... like it's all from one person trying to incude panic buying above 100 but the small fish are not following ?

[Frozenlock]

Last chance bag holders. 

I'm going short.

[phantastisch]

Last chance bag holders. 

I'm going short.

Still waiting for the panic selling and sub 50$ like you guys in bear customes promised.

[molecular]

Last chance bag holders.  

I'm going short.

too early imo... grow balls

[zemario]

The 100 asks keeps coming back, someone clears it, and it comes back... like it's all from one person trying to incude panic buying above 100 but the small fish are not following ?

No, a 10k coins buy order was executed. People might call it manipulation, but whomever this manipulator is, (s)he bought 10k coins at 100 instead of 94. That is 60.000 USD difference.
I'm not sure I understand how this would be manipulation. Who are you going to manipulate if you're clearly the biggest player? What's the goal of manipulating a market which depth is too shallow for your orders? I don't intend this as sarcasm, I just can't see any logic into such manipulation theories.

[molecular]

Last chance bag holders.  

I'm going short.

which bag do you want to hold?

[fr33d0miz3r]

I just can't see any logic into such manipulation theories.

Simply hold the price above $100 and trigger panic buying.
Guys! This is a last chance to see $100 this year!
Maybe we'll see $500 like Vladimir said 

[bitcodo]

The 100 asks keeps coming back, someone clears it, and it comes back... like it's all from one person trying to incude panic buying above 100 but the small fish are not following ?

No, a 10k coins buy order was executed. People might call it manipulation, but whomever this manipulator is, (s)he bought 10k coins at 100 instead of 94. That is 60.000 USD difference.

II was asking myself why somebody would buy higher, if they could buy cheaper. Can't think anything besides manipulation or stupidity. Last 5 days were very strange

[micalith]

The 100 asks keeps coming back, someone clears it, and it comes back... like it's all from one person trying to incude panic buying above 100 but the small fish are not following ?

No, a 10k coins buy order was executed. People might call it manipulation, but whomever this manipulator is, (s)he bought 10k coins at 100 instead of 94. That is 60.000 USD difference.

II was asking myself why somebody would buy higher, if they could buy cheaper. Can't think anything besides manipulation or stupidity. Last 5 days were very strange

big whales tricking smaller whales into believing big whales will carry on buying, until they can't tell each other apart, and little whales carry it up to 110? Increasingly, I think that any transactions less than 1kBTC have very little bearing in this current phase.

[Dalib]

The 100 asks keeps coming back, someone clears it, and it comes back... like it's all from one person trying to incude panic buying above 100 but the small fish are not following ?

No, a 10k coins buy order was executed. People might call it manipulation, but whomever this manipulator is, (s)he bought 10k coins at 100 instead of 94. That is 60.000 USD difference.

II was asking myself why somebody would buy higher, if they could buy cheaper. Can't think anything besides manipulation or stupidity. Last 5 days were very strange

Yes it is the "logic": you don't bought cheap coins, so buy expensive now ...

[fr33d0miz3r]

Quote from famous rpietilla:

The wisest people buy bitcoins now. They are cheap, and survived two bubbles. You can buy with rather big money. Everybody knows, but very few are in yet.