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

[Its About Sharing]

IMO the market isn't following yet, and the whale buyer doesn't want it to follow.
He depletes seller resistance, without triggering a full rally, thus optimizing his purchase cost.
He'll only act when the market is about to buy his targeted coins. If the predicted price rises
quickly to 110, then we'll see another whale buy. And it seems we are going there.

Yep, whales are smart, they are taking their time absorbing all the sellers coins. Shorting BTC is a little dangerous right now for my taste, i'm long since $95 

Yes, things are kind of lagging. I'm in since $94 again, after selling at $96 before that. So, sitting on a $3 profit but we might pop upwards here. Is that worth a $3 per BTC profit now?
We are sitting right at resistance, and there is a triple top, indicators a bit oversold, so it might be a good time to sell. But as you guys are pointing out, I get the feeling we might go up as the big buyers are poking their head above water lately. You can't just use TA here.

Not a bad gamble barring a big sell of, which doesn't look real likely. (Like it did at $130 & $107).

Then again, if we slide down, the big buyer might just be collecting coins in this range. (And anyone see that large 5000 ask wall at Stamp. Can you say "Special on BTC here!" to those guys with bank? I don't get why it is just sitting there...

[Odalv]

IMO the market isn't following yet, and the whale buyer doesn't want it to follow.
He depletes seller resistance, without triggering a full rally, thus optimizing his purchase cost.
He'll only act when the market is about to buy his targeted coins. If the predicted price rises
quickly to 110, then we'll see another whale buy. And it seems we are going there.

Yep, whales are smart, they are taking their time absorbing all the sellers coins. Shorting BTC is a little dangerous right now for my taste, i'm long since $95 

Yes, things are kind of lagging. I'm in since $94 again, after selling at $96 before that. So, sitting on a $3 profit but we might pop upwards here. Is that worth a $3 per BTC profit now?
We are sitting right at resistance, and there is a triple top, indicators a bit oversold, so it might be a good time to sell. But as you guys are pointing out, I get the feeling we might go up as the big buyers are poking their head above water lately. You can't just use TA here.

Not a bad gamble barring a big sell of, which doesn't look real likely. (Like it did at $130 & $107).

Then again, if we slide down, the big buyer might just be collecting coins in this range. (And anyone see that large 5000 ask wall at Stamp. Can you say "Special on BTC here!" to those guys with bank? I don't get why it is just sitting there...

When I look at the accumulation / distribution (weekly / weighted closing price and volume), then we see that the coins are in strong hands (Avg. bought @ $120+) ... so maybe there will be flash crash bellow $100, but a more realistic price is $130+ after holydays.

[Walsoraj]

my prev prediction was foolish, i apologize.

new prediction is under $1 by Friday.

[Odalv]

my prev prediction was foolish, i apologize.

new prediction is under $1 by Friday.

Weak hands without Bitcoin has spoken. :-)

[KS]

my prev prediction was foolish, i apologize.

new prediction is under $1 by Friday.

Weak hands without Bitcoin has spoken. :-)

You forgot: HE will crash Bitcoin. Just wait a little, there are some little transfer issues, but 1$ this Friday. For sure.

[randrace]

my prev prediction was foolish, i apologize.

new prediction is under $1 by Friday.

[ChartBuddy]

[Walsoraj]

my prev prediction was foolish, i apologize.

new prediction is under $1 by Friday.

Weak hands without Bitcoin has spoken. :-)

You forgot: HE will crash Bitcoin. Just wait a little, there are some little transfer issues, but 1$ this Friday. For sure.

I am not waiting on funds any longer. My finger is on the red-button. I can push whenever.

[Cablez]

Shouldn't you flip your avatar first?

[ElectricMucus]

Shouldn't you flip your avatar first?

Perhaps he is trying to encode a secret message with his switcharoos?

[adamstgBit]

3-5days 

[Tzupy]

Price is going up very soon, unsure yet how much. New buy walls.

[vokain]

 

[Walsoraj]

wtf is goin on, someone's bot is on catnip

[ChartBuddy]

[Rampion]

[adamstgBit]

... shit

time is running out....

[Tzupy]

Yes, that's telling me we should hit 110 very soon, it would be ridiculous to miss 110 from here.
But the momentum from the push and the eating of the wall at 110 should translate into
a second stage that rises up to 113 - 114 IMO.

[adamstgBit]

come on move that money, credit so i can debit

[phorensic]

What happens if we break $100 on the other exchanges today?