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

[RayX12]

I think we need to see some sort of capitulation before this bear is finished. Maybe we are getting close. I think we need some panic selling.
Prices are still up quite a bit from one year ago. ( to keep things in perspective )
On April 2, 2017
BTC = 1079.44
XMR = 21.22
etc..
I would prefer this bear does not drag on, so a panic flush, would set the stage for setting a base and a new bull. I hate the drip , drip , drip of down. It does feel a little like 2014.

As I said above:

It seems like so many bears where sleeping while the bottom was set in with huge volume of capitulation on February 5th.

[rafanadal]

Can't believe that anno 2018 I am still able to casually buy a whole bitcoin, another one into the jar!
Looking forward high-fiveing future me.

https://www.youtube.com/watch?v=YhvD_jYlK3Q

[nikauforest]

I think we need to see some sort of capitulation before this bear is finished. Maybe we are getting close. I think we need some panic selling.
Prices are still up quite a bit from one year ago. ( to keep things in perspective )
On April 2, 2017
BTC = 1079.44
XMR = 21.22
etc..
I would prefer this bear does not drag on, so a panic flush, would set the stage for setting a base and a new bull. I hate the drip , drip , drip of down. It does feel a little like 2014.

As I said above:

It seems like so many bears where sleeping while the bottom was set in with huge volume of capitulation on February 5th.

Feb 5th/6th could be the bottom. I guess we are in the process of testing that bottom now.

[savetherainforest]

Yep... !!! Oh! Yeah!!!... its that time of the month!!!

[HI-TEC99]

I think we need to see some sort of capitulation before this bear is finished. Maybe we are getting close. I think we need some panic selling.
Prices are still up quite a bit from one year ago. ( to keep things in perspective )
On April 2, 2017
BTC = 1079.44
XMR = 21.22
etc..
I would prefer this bear does not drag on, so a panic flush, would set the stage for setting a base and a new bull. I hate the drip , drip , drip of down. It does feel a little like 2014.

I think it will play out like this chart shows. A bit of a dip, then upwards.

I have a strong gut feeling something like this is going to happen:  

[conspirosphere.tk]

It does feel a little like 2014.

Come on, the weekly on a log scale does not look so bad -yet.


https://www.tradingview.com/chart/BTCUSD/XiH6EsGL-BTCUSD-Resistance-zone-will-be-tested-again/

[RejectedBanana]

KEEP CALM AND HODL ON
Fundstrat's Tom Lee Interview
https://twitter.com/CNBCFastMoney/status/979112471037345792

"BTC gains driven by just 9 days per year on average"


Institutions are just salivating over the current prices. Average Joe speculators are just handing over the reins, quaking in fear.

Isn't it ironic that the very systems Bitcoin was created to circumvent will be Bitcoin's apparent savior for the next bull run?

Institutional bulltards are gonna plow right through this quivering mass of amateur instabears.

Pathetic, really.

[Raja_MBZ]

Double bottom or not, we're probably going to find it out in the next few minutes.

[Hawkix]

BCH below 0.1 BTC. Neat. 

[SidETH]

'Big' drop again.
Guess it isn't over yet.

[Karartma1]

Double bottom or not, we're probably going to find it out in the next few minutes.

No need to say that the next few minutes are critical.

I was able to buy my personal end-of-the-month bitcoin purchase and compared to last month I got more BTC with the same amount of fiat.
Thanks to conspirosphere.tk I can say that looking at the log scale I'm ok.
Avoiding to recognize the downtrend is stupid but as they say better it's to buy low than high, am I right?

Bye Mayor Rosewater of the Foundation. Don't create another alt, we will recognize you again

[HI-TEC99]

'Big' drop again.
Guess it isn't over yet.

It's a good buying opportunity. Jimbo will probably soon tell us about his morning coffee and his latest Bitcoin purchase.

[bones261]

'Big' drop again.
Guess it isn't over yet.

It's a good buying opportunity. Jimbo will probably soon tell us about his morning coffee and his latest Bitcoin purchase.

I thought Jimbo is still in Mexico getting his teeth done. So I don't think he is able to buy this dip. Could be wrong.

[HI-TEC99]

Bye Mayor Rosewater of the Foundation. Don't create another alt, we will recognize you again

What happened to the Mayor?

[HI-TEC99]

'Big' drop again.
Guess it isn't over yet.

It's a good buying opportunity. Jimbo will probably soon tell us about his morning coffee and his latest Bitcoin purchase.

I thought Jimbo is still in Mexico getting his teeth done. So I don't think he is able to buy this dip. Could be wrong.

I forgot, he said something about heading out to his place in the jungle, and buying coins there can't be easy.

[fragout]

KEEP CALM AND HODL ON
Fundstrat's Tom Lee Interview
https://twitter.com/CNBCFastMoney/status/979112471037345792

"BTC gains driven by just 9 days per year on average"


Institutions are just salivating over the current prices. Average Joe speculators are just handing over the reins, quaking in fear.

Isn't it ironic that the very systems Bitcoin was created to circumvent will be Bitcoin's apparent savior for the next bull run?

Institutional bulltards are gonna plow right through this quivering mass of amateur instabears.

Pathetic, really.

Just watched it. He does seem quite positive, doesn't he. But when moon Tommy

[RejectedBanana]

KEEP CALM AND HODL ON
Fundstrat's Tom Lee Interview
https://twitter.com/CNBCFastMoney/status/979112471037345792

"BTC gains driven by just 9 days per year on average"

Institutions are just salivating over the current prices. Average Joe speculators are just handing over the reins, quaking in fear.

Isn't it ironic that the very systems Bitcoin was created to circumvent will be Bitcoin's apparent savior for the next bull run?

Institutional bulltards are gonna plow right through this quivering mass of amateur instabears.

Pathetic, really.

Just watched it. He does seem quite positive, doesn't he. But when moon Tommy

Here's a hint: look at the dates in his chart. It ain't March.

[HairyMaclairy]

Drop is accelerating, getting unsustainably fast.

[bluebits]

This isn't going to work... Snap out of it.

One more bounce incoming? It it too soon for it to be all over?

[HairyMaclairy]

US tax day is 17 April.  I don’t think we can recover before then.  It’s what happens after 17 April that is important in my books.