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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26836779 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 1 users with 9 merit deleted.)
HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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March 09, 2018, 02:36:45 AM

The greatest trick the Devil ever pulled was convincing the world he didn't exist.
Typex
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March 09, 2018, 02:39:41 AM

Someone just ate a million dollar wall I was eyeballing. It took 3 seconds.
Someone had a large buy order for ~100 btc @ 12500 cdn (9750 US) when the price was sub 9K US on quadrigacx.  Everyone sold into it and it was gone pretty quickly.  Its trading at a $680 USD premium right now
rafanadal
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March 09, 2018, 02:40:43 AM

The greatest trick the Devil ever pulled was convincing the world he didn't exist.

The devil exists and he is the good guy.
Rosewater Foundation
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March 09, 2018, 02:40:56 AM

Someone just ate a million dollar wall I was eyeballing. It took 3 seconds.
Someone had a large buy order for ~100 btc @ 12500 cdn (9750 US) when the price was sub 9K US on quadrigacx.  Everyone sold into it and it was gone pretty quickly.  Its trading at a $680 USD premium right now

That was the one.
Typex
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March 09, 2018, 02:42:23 AM


WTF?

Binance wasn't even hacked.

"All funds are safe."

https://www.coindesk.com/funds-safe-binance-denies-crypto-hack-rumors/

That's because they had proper measures in place that recognized something was up.  A shit ton of user accounts were hacked.  It was a pretty clever scam .
conspirosphere.tk
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Bitcoin is antisemitic


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March 09, 2018, 02:47:43 AM

Human sacrifice

Yes, looks like we have to sacrifice a noob to placate the gods.



On another note, this is imho the best meme of the week:

Torque
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March 09, 2018, 02:50:50 AM

Hey ya'll shitcoin holders? Can't you see that your garbage is directly tied to the Bitcoin spot price?

It's. Not. Going. Anywhere. Without. Bitcoin. Like. Ever.

Deal with it.
jojo69
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diamond-handed zealot


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March 09, 2018, 02:52:20 AM

what is going on again ?

Human sacrifice, dogs and cats living together... mass hysteria!

It's true.

This man has no dick.
Ivor Biggun
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March 09, 2018, 02:54:13 AM

Hey ya'll shitcoin holders? Can't you see your garbage is tied to the Bitcoin spot price?

It's. Not. Going. Anywhere. Without. Bitcoin. Like. Ever.

Deal with it.

There's always an exception to the rule.

I agree with a comment earlier on that there's always one shitcoin pumping when bitcoin and all the other shitcoins are crashing. Viacoin was the last one.
Jacques_Bittard
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.


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March 09, 2018, 02:56:37 AM

Hey ya'll shitcoin holders? Can't you see that your garbage is directly tied to the Bitcoin spot price?

It's. Not. Going. Anywhere. Without. Bitcoin. Like. Ever.

Deal with it.

Bitcoin has always been the biggest shitcoin to what the weaker shitcoins follow.
Rosewater Foundation
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March 09, 2018, 02:58:20 AM

Fucking brilliant. Put that shit on a placard and take it to city hall.
Asshole.
cAPSLOCK
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March 09, 2018, 03:03:29 AM

Fucking brilliant. Put that shit on a placard and take it to city hall.
Asshole.

To city hall?  The Mayor would not approve!
Bitcoinaire
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March 09, 2018, 03:14:08 AM

Good Lord............
fortune143
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favours the true


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March 09, 2018, 03:18:30 AM

What a fucking shit show. Looks like 2018 will be another 2014.

That requires a 2015 too.

*rubs hands*
Arriemoller
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Cлaвa Укpaїнi!


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March 09, 2018, 03:19:37 AM

I have a conclusion that may be true:
Due to there is a big drop in Bitcoin within this period. So  I think the main reason for this crisis is that the capitalists ( who have a huge amount of Bitcoin) has sold a large proportion of their money, in order to decrease the value of BTC and the other currencies.
And their goal is to buy  again Bitcoin and some currencies ( like, Ripple, Ethereum..)  also they want to improve their profit rate in a long term .
What do you think guys?  Huh

Have you even read this thread?
Rosewater Foundation
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March 09, 2018, 03:23:34 AM

bitserve
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Self made HODLER ✓


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March 09, 2018, 03:33:53 AM

Bitcoin dominance 42.1% now.
bones261
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March 09, 2018, 03:40:08 AM

Doing some bear planning


What exactly is bear planning? The only strategy that I know is to buy near the bottom, which I did when I made entry in late 2014 and throughout 2015. I really don't want to do margin trading.  Cry The only platform that I can find which allows for US Citizens who are not millionaires is Kraken. However, I don't think I have what it takes to short on margin, because every time that I do, I usually close my position in less than one hour because it is too nerve wracking.  
mymenace
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Smile


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March 09, 2018, 03:41:33 AM

I have a conclusion that may be true:
Due to there is a big drop in Bitcoin within this period. So  I think the main reason for this crisis is that the capitalists ( who have a huge amount of Bitcoin) has sold a large proportion of their money, in order to decrease the value of BTC and the other currencies.
And their goal is to buy  again Bitcoin and some currencies ( like, Ripple, Ethereum..)  also they want to improve their profit rate in a long term .
What do you think guys?  Huh

Have you even read this thread?


whales sold at high to buy lower - no conclusion just how it is (buy the dip)

as well

https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash
may have something to do with it


any bears
pay attention to over 164000 btc he still wants to sell
mtgox sell off


ltc on gox
now its
ltc on facebook?
ltc on amazon - lol

funny days



dmwardjr
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March 09, 2018, 03:44:01 AM



I wanted followers to COMPARE the chart ABOVE with this Schematic Image - https://i.imgur.com/gcrmXTd.png

I've found - When comparing Wyckoff Accumulation Schematics to crypto currency pairs AFTER a major consolidation event - the highs of the Automatic Rallies in Phase A are hardly ever near the same level as the highs of automatic rallies in phase B. So, do NOT assume Phase A "highs" on crypto currency charts MUST look the same or similar to that which is seen in a Wyckoff Accumulation Schematic. That schematic is ONLY an example and by no means implies the price action MUST play out EXACTLY as depicted in the Schematic.

Wyckoff Schematics MAINLY referred to stocks NOT crypto. Stocks hardly EVER drop down the percentages crypto does in such a short time span. Nor do they hardly EVER pump up the percentages crypto does in such a short time span. This is the main reason the HIGH of an Automatic Rally in Phase A is hardly ever up to the height of the highs in Phase B of an Accumulation Schematic.

Also keep in mind I "know" I have members of Composite Groups who frequent my posts in publications. I'm NOT saying that to be arrogant or to act like I'm "somebody of note." Cause I'm not... I simply "know" because two of them are following me. Also, I'm NOT going to say their user name.

I'm simply pointing this out to say this information could be used to your disadvantage if you're not careful. Meaning, it's STILL possible they take this down to the 0.618 FIB at $8,123.82 before they begin a SPRING with A TEST.

Remember, as I posted in the note in the chart above, a SPRING is a price move BELOW the support level of the Trading Range (TR) established in phases A and B that quickly reverses and moves back into the TR. It is an example of a bear trap because the drop BELOW support APPEARS to signal resumption of the downtrend. IN REALITY, THOUGH, this marks the beginning of a new uptrend, trapping the late sellers, or bears. In Wyckoff's method, a SUCCESSFUL test of supply represented by a spring (or a shakeout) provides a high-probability trading opportunity.

IMPORTANT: A low-volume SPRING (or a low-volume test of a shakeout) indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position. The key is checking the volume in our current location compared to previous downward price movements.

NOTE: how I had the Red Horizontal Ray marking the Upper part of the trading range (TR) and the Black Horizontal Ray marking the SUPPORT part of the trading range (TR). We have just now went below the support line of the trading range.  The BLACK SUPPORT LINE of the TR at $9022.82 and the RED RESISTANCE LINE of the TR at $11,780.

Here is a link with further information on the EVENTS TO OCCUR WITHIN THE SCHEMATIC. It was put together well in a short synopsis of Wyckoff Schematics: http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:the_wyckoff_method

Books by Wyckoff can be found here. However, make sure to scroll down till you see the name, Richard Wyckoff. MANY other books on trading can be found here as well. Excellent source of trading material FREE online: http://www.traders-software.com/Trading%20Books/

An excellent video to start with on teachings for Wyckoff by David H. Weis can be found here: "David Weis on Wyckoff, Support/Resistance , and Waves" - https://www.youtube.com/watch?v=uzISUr1itWg&amp=&ytbChannel=BigMikeTrading
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