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

[Rosewater Foundation]

Is this your new capitulation account BMB?

Yes, but I was also making a point about pants. It was all very meta.

I'm half blind anyway....

Me too!

[Karartma1]

They say sell in May and go away. I bought (quite a lot) and I am here to stay: always the sum I am not afraid to lose. We will see how this unfolds: still bullish

[trako]

If June ends at these levels, it will be bad news for the end of 2018. you need to show us the peak. this speed is not enough for us.

[BitcoinNewsMagazine]

Ever since the Death Cross late March bitcoin price has found resistance at the daily 200 MA. We are in a bear market until price breaks through the 200 MA. Also testing the 50 MA right now: if 50 MA does not hold next resistance range is $6400 - $7300.



Best case scenario IMO is we are range bound between the 50 and 200 MA until one or the other is breached.

[pacman7331]

Looks like a whale wanted to buy below the 50 day. Bull flag now up?



Bear flag to bull flag?

[hodl_2015]

They say sell in May and go away. I bought (quite a lot) and I am here to stay: always the sum I am not afraid to lose. We will see how this unfolds: still bullish

I panic-bought TFD at $8340 so I can sleep better this weekend. Not that it matters a year from now.

[FractalUniverse]

Looks like a whale wanted to buy below the 50 day. Bull flag now up?

[IMG]http://i63.tinypic.com/dcc8hw.png

Bear flag to bull flag?

my bet [and buy orders] is that they want to push it below 8k with great force, so they can scare weak holders and trigger + harvest occasional margin calls.
but i have already bought few so going up from here would not leave me entirely bitcoinless

[podyx]

Why are we still bleeding so badly? What's going on?

[Raja_MBZ]

Why are we still bleeding so badly? What's going on?

Re-quoting for ya:

When a legendary speaks like a coward...

...and BTW, the last time you spoke like that was on 6th February (seconds before the pump), so I'm taking your this comment as a signal of the next big pump.

[Wekkel]

I'm taking your this comment as a signal of the next big pump.

We are still in the many x thousands and people complain 

I am having the best times of my life.... 

[Agapios]

Is there anyone who think that big fee was one of the most important thing that made bitcoin what it is now? And now fee aint so big like it was.

If people resell some product from  person a, b, c, d .......i, and if fee is 1% then passing through 10 people price go up for 11% WITHOUT any external effect that would make price rise (or drop).
Imagine if there was no fee....or if fee was 1 time bigger....would shit be different?

Or let me ask you, if fee was 20% bigger (compared to current fee), you think bitcoin value would be bigger now? it would not be so a lot bigger that people would from start say "i gona gona stay away from this stuff, its to big fee", but all transactions would raise price

Problem happened when altcoins market % started to rise (but bitcoin was already high at that point) and there was to much of disscusion regarding fee.

I think big fee made bitcoin what it is.

[4rt3m]

IT'S OVER 3000!

https://coinatmradar.com

[LFC_Bitcoin]

Why are we still bleeding so badly? What's going on?

Re-quoting for ya:

When a legendary speaks like a coward...

...and BTW, the last time you spoke like that was on 6th February (seconds before the pump), so I'm taking your this comment as a signal of the next big pump.

Don’t know why supposedly experienced posters start flapping like a little bitch when the price goes down a bit. We’ve fallen about $1,000 & people are acting like the sky is falling in.

 

[PoolMinor]

Don’t know why supposedly experienced posters start flapping like a little bitch when the price goes down a bit. We’ve fallen about $1,000 & people are acting like the sky is falling in.

 

This is that last dip before the next/last big bull trap. I believe July-Aug to be the big run to 13K+. But I am only right 53% of the time, slightly better than a coin flip.

[bones261]

Don’t know why supposedly experienced posters start flapping like a little bitch when the price goes down a bit. We’ve fallen about $1,000 & people are acting like the sky is falling in.

 

This is that last dip before the next/last big bull trap. I believe July-Aug to be the big run to 13K+. But I am only right 53% of the time, slightly better than a coin flip.

That's a 6% edge! That's a better edge than the casino has on American roulette.

[Toxic2040]

[jojo69]

IT'S OVER 3000!

https://coinatmradar.com

good link, thank you

[marky89]

Seems like we could get a legit bounce from the look of the hourly. Coincides with the 50MA tap on the daily too. All in all, the higher time frames look like shit though. I'm preparing for a hibernation period.

[RewFrew]

The 8250$ support is holding for now.

Hope no new fud happends the next weeks.

Some big altcoins are moving strongly the last 24, thats means the big whales already bought bitcoin yesterday at the button and then bought some big altcoins for another Altcoins rally.

[Torque]

IT'S OVER 3000!

https://coinatmradar.com

With a +7-10% buy premium, people will never use them though.