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

[RoomBot]

Don't lose your shirt.

[blacky90]

bitcoin ded yet ?

are we going to sub 6K??

[RoomBot]

bitcoin ded yet ?

are we going to sub 6k?

Litecoin is flirting with $100

Sad.

Everyone is down 15-20% today.

[Dakustaking76]

We Dont know Where it Will end... maybe lower then the last dip (€4700)
Poeple are talking about the death-cross thing

We Just Dont know...


Were all bleeding, our organs are going to die


Were poor like 2 years ago

[RewFrew]

If we take the  2 lows of 17.07.2017 and 15.09.2017  And trace a line, we can specculate about a low of max 6.600$ for those days.

If this support doesnt stand then the next one gonna be 6.000$.

[Last of the V8s]

November called and wants its prices back.

[Biodom]

As I said before: by pushing crypto/btc down too much, Wall Street risks their precious long market positions at least in stocks.
I have never seen a "bubble" contracting in one area without precipitating an overall market decline.

What typically happens is that more frothy market declines first, but the rest follows relatively shortly.
I remember this from internet stocks and biotechs.

[cryptocrusher]

Have no fear brethren, Bitcoin is the second coming, today he dies on Easter Friday but by Monday he will rise again. Alternatively that could be made up just like the Jesus story  

[ImI]

Don't lose your shirt.

i miss ccmf

[RayX12]

Japan bans a couple exchanges, price on flyer plummets
https://i.imgur.com/oejzv2K.jpg

GO BITCOIN GO

[marcus_of_augustus]

buy anywhere around 6.666 and don't look back ...

[blacky90]

6666  

satan is that you?

[mudbone]

So what's the condensed WO for the last week?  The sun is shining in NZ and I don't have time to read back 30 pages  

Jimbo disappeared into the Mayan jungle after trying to trade native land for tokens
MayorRoseCorn there went mental
Torque told JJG stick-cram it already
LastoftheV8's tried to get us to input our datas into a shady website
Mircea and his socks have been trying to spread bullishness
Instabears were born and died

https://i.imgur.com/9qDWOgk.jpg

nothing personal, more or less

[RayX12]

Bottomed!

[tonyq]

Bottomed!

No it hasn't.
It's in manipulated free fall still.

[STT]

666 was the S&P 500 low, wouldnt surprise me somehow.   I do have a trend low possible in this area but its exceeded it for now which can happen, depends more how it closes on a 4hr bar.    I think really have to wait for end of tax year for a decent rally to build but I would expect normally an area of buying to occur here.    Depends on shorts closing maybe, hard to say for multiple markets.  Right now the sphere of trading is with Japan and China  (neither of whom hold Easter holidays?)

[oblox]

^ Gross

[RewFrew]

There is always the big player dumper on Bitmex, playing always with 10Millions dollars walls.

I Can garantee you that he make all his possible to shhot the price next to 6.000$ at least in the next hours.

There is just real small buyers vs big wall dumper right now.

[JayJuanGee]

Guys, your reasons for the continuing downtrend are all wrong.

It's pretty simple.

1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.

2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.

3. Whale(s) massively short sell/dump in one go. Ending bull run.  Whale mega money then sits on sidelines.

4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.

5. Average Joes finally lose interest. Sell at bottom.

... and then... eventually... (*we are not there yet*)...

6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.

There are no "reasons". There are no plausible "FUD". Its just the way it goes.

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.   

Plus all the nervous retirees that cant wait another year!

I don't have any problem with Torque's ascribing several conspiratorial whale manipulation factors to bitcoin price dynamics, yet my problem is that he seems to get so caught up in the idea of manipulation and conspiracy that he just drifts off into fantasy land to go to such extreme suggestions that these manipulations were planned years in advance.  Don't get me wrong, Torque says a lot of interesting and informative things but the level of conspiracy just frequently devolves into ridiculousness.

[cAPSLOCK]

https://twitter.com/BitmexRekt/status/979530587936641025

*Gulp*