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

[Lontonbit]

Every pump is a great opportunity to short!

[Raja_MBZ]

3) #Tether appears to be backed by USD, discounting significant FUD over last few months.

Can you point out a source please? where did you see this info? I heard of ING a lately but did not convinced me. Enlighten me

https://www.newsbtc.com/2018/03/19/tether-primary-reserve-bank-puerto-rico-says-bitmex/

https://www.ccn.com/research-suggests-tether-has-banking-relationship-with-puerto-rico-based-noble-bank/

At Bitmex:

https://blog.bitmex.com/tether-addendum-new-financial-data-released-from-puerto-rico/

[STT]

^^ kudos for sources, doesnt mean they right of course

Call that graph of mine whatever you want, but bitcoin is for sure following it.

perfect time / buying uppertunity for expanding some hodler BTC-stashes    put them coins in good and appriciating hands please  

Perfect time, in my opinion as well. My last tweet:

1) US Congress released an extraordinary report praising #blockchain.

2) #G20 announces no call for regulation for #cryptocurrencies.

3) #Tether appears to be backed by USD, discounting significant FUD over last few months.

4) #bittrex/#binance introducing cash deposits.

Almost all the news in market is bullish at the moment. Usually we face long bearish times (if one starts) but I think this time it ain't gonna happen.

Now that you mention it, it is about time for the goose to fly North.

Well sure thats alot of good news but I thought markets moved ironically and the time to buy is when bad news is most apparent.  The old blood on the streets meta.
So good news being stated and obvious makes me look a bit closer.    The way speculators profit I think is price inaccuracy, people panic and weak hands let slip the BTC a little too easy, making a fast recovery possible.

Obviously I prefer numbers to fuzzy words.    My screencap thing is being a pain but this old chart says what I mean.   We close outside a short term negative trend which could be a positive.  4hr bar above 8000 is a good close, doesnt have to rise but just neutral is a positive vs falling highs previous

[Karartma1]

Thanks Raja. I have to admit that I am a bit skeptic regarding Bitfinex as I consider their service not so reliable as compared to other platforms. I mean these guys have a pretty stormy track record and I would wait more before reconsidering to join their exchange again.  

[RejectedBanana]

Trying to draw the mighty goose (thanks to mfort312) myself here...



Soon...

...let's hope for a double goosing!



edit: rotated optimistically

[Trilogy-AI]

Starting to see some green again in my portfolio...

I have much more green in my garden for sure.

Yeah, the only green in cryptos would be BTC shorts on Bitcoin Futures (e.g. Chicago Mercantile Exchange).

[Vlada69]

Tradingview added Poloniex!

https://blog.tradingview.com/en/can-now-trade-poloniex-crypto-exchange-tradingview-7139/

[LFC_Bitcoin]

Every pump is a great opportunity to short!

Which in turn holds a great chance of getting REKT

[flynn]

This => https://www.zerohedge.com/news/2018-03-25/petroyuan-futures-open-over-10-billion-notional-trades-first-hour

is the reason for Russian hysteria, Syria, everything that moves, and could make gold skyrocket and bitcoin too.

[Toxic2040]

Good morning tribe.

Upward buying pressure has increased as we head deeper into the week. I see a nice steady flow of buys over the last 12 hours indicating building market confidence. I believe we will be testing resistance at $8.3k soon as positive buying sentiment returns to the market.

The chart could be slightly exaggerated( ) but I think the market is going to move back towards that over all trend line at $9.5k+.

#dyor #btfd

[Vlada69]

Good morning tribe.

Upward buying pressure has increased as we head deeper into the week. I see a nice steady flow of buys over the last 12 hours indicating building market confidence. I believe we will be testing resistance at $8.3k soon as positive buying sentiment returns to the market.

The chart could be slightly exaggerated( ) but I think the market is going to move back towards that over all trend line at $9.5k+.

#dyor #btfd

I don't want to be rain on your parade but would like to add the test between 8.4k/8.5k. If it goes up from there I think will reach 11k range again. Otherwise quite bearish.

[greensheep]

Now that you mention it, it is about time for the goose to fly North.

yup, winter is over, time for spring ;-)

[Lopumbo]

aaaand the hopes are crushed...again 

[Toxic2040]

I don't want to be rain on your parade but would like to add the test between 8.4k/8.5k. If it goes up from there I think will reach 11k range again. Otherwise quite bearish.

I am a fan of the zen way of thinking...a true master would make one mark and everything would be crystal clear. I obviously am not so I just do the best I am able. Besides...I like rain.

[Raja_MBZ]

aaaand the hopes are crushed...again  

You really think we'll lose confidence in bitcoin just because of it being a hundred dollar down?

...and I've been way too accurate for 6 hours now, let's see if I stay accurate in the next 3 days as well, nothing is crushed though:

Ignore the green/red combination of candles, but this is something that's probably gonna happen in next 3 days:

Current:

[Lontonbit]

Every pump is a great opportunity to short!

Which in turn holds a great chance of getting REKT

Bitcoin has Down syndrome.
http://t.qkme.me/3ptiqb.jpg

[Torque]

https://www.zerohedge.com/news/2018-03-27/twitter-tanks-after-citron-warns-wait-til-congress-finds-out-about

So finally we will learn the truth.

That these social media companies are NOT making the majority of their money via ad revenue.

That they are making major money selling user data. Perhaps even being subsidized for it by Alphabet agencies, govts, banks, etc.

And oh yeah, to remain OT: Buy Bitcoin!

[Ludwig Von]

https://www.zerohedge.com/news/2018-03-27/twitter-tanks-after-citron-warns-wait-til-congress-finds-out-about

So finally we will learn the truth.

That these social media companies are NOT making the majority of their money via ad revenue.

That they are making major money selling user data. Perhaps even being subsidized for it by Alphabet agencies, govts, banks, etc.

And oh yeah, to remain OT: Buy Bitcoin!

What is the name of the google parent company again ? 

[STT]

https://www.zerohedge.com/news/2018-03-27/twitter-tanks-after-citron-warns-wait-til-congress-finds-out-about

So finally we will learn the truth.

That these social media companies are NOT making the majority of their money via ad revenue.

That they are making major money selling user data. Perhaps even being subsidized for it by Alphabet agencies, govts, banks, etc.

And oh yeah, to remain OT: Buy Bitcoin!

This is the plot to House of Cards I saw many seasons back, life imitating art there or maybe it was common knowledge for a while.   It seems quite short sighted of Facebook if they did not realise selling to the Russians would be a problem when there is ongoing sanctions if for no other point.   I presume they just sold to the highest bidder and did not follow due diligence in avoiding systemic risk to their business model.

aaaand the hopes are crushed...again  

Good morning tribe.

Upward buying pressure has increased as we head deeper into the week. I see a nice steady flow of buys over the last 12 hours indicating building market confidence. I believe we will be testing resistance at $8.3k soon as positive buying sentiment returns to the market.

The chart could be slightly exaggerated( ) but I think the market is going to move back towards that over all trend line at $9.5k+.

#dyor #btfd

I don't want to be rain on your parade but would like to add the test between 8.4k/8.5k. If it goes up from there I think will reach 11k range again. Otherwise quite bearish.

I would not state 11k target especially now but its still more positive now then it was a day ago.    Every decent trend break needs confirmation, shake out those bears.    Sometimes it takes an entire spin of globe to involve all traders not just one mindset from one continents perspective.  

[Elwar]

Seems like there are big fast pushes down followed by a slow movement upwards followed by another big push down. It's that trickle upwards that shows what most of the market sentiment is. The big pushes down are either big sell offs or someone trying to make some money on a short.