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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (10.6%)
8/4 - 16 (15.4%)
8/11 - 7 (6.7%)
8/18 - 6 (5.8%)
8/25 - 7 (6.7%)
After August - 56 (53.8%)
Total Voters: 104

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26461341 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 3 users with 9 merit deleted.)
vapourminer
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what is this "brake pedal" you speak of?


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May 29, 2018, 11:01:21 AM
Last edit: May 29, 2018, 11:18:14 AM by vapourminer
Merited by JayJuanGee (1)

If anyone is thinking about getting a ledger, don't. I just updated the firmware and it was a fucking nightmare.

[...]

Get a trezor instead. Updated the firmware on that too and it went through in seconds with no issues. Thinking about dropping the ledger and getting an extra trezor instead. Or maybe an entirely different brand would be in order.

agree. 3 out of the 4 times i updated my ledger nano s it got stuck somewhere and i had to hit reddit to figure it out.

NEVER had a problem with my trezor updating. i have two, 1st was bought several years ago, another last year. my trezor t arrives today.

trezor is much more polished, better design from an intuitive and physical usability standpoint, better ui, doesnt need chrome; it can use any (most) browser. although ledger is moving away from chrome to a stand alone app from what i gather.
RewFrew
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May 29, 2018, 11:02:48 AM
Last edit: May 29, 2018, 11:14:35 AM by RewFrew

Here we go! big pump trap again?

90 Millions dollars buys in 5mn @ bitmex.

Price goes from 7180$ to 7347.

Long time dont saw a big buys like this.

The daily rsi was around 30 thats always when the bitcoin price goes for another pump at this rsi area.

I Was thinking that we are going to 6800$ before the next leg pump to have an rsi below 30 But there was a big buying pressure @ 7000$.

So this is a real pump starting now or another bull trap to sell @ around 7400$ then dump the price to 6800.

Asrael999
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May 29, 2018, 11:14:35 AM

So when does what is going on in Italy become the next crypto trigger?  Cyprus 2? Two year Italian government debt is down 5% since Monday morning, that's enormous in govt bond terms.

Now who owns all that government debt I wonder?
savetherainforest
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Plant 1xTree for each Satoshi earned!


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May 29, 2018, 11:23:47 AM




Well... Cheesy Cheesy ... Math is a funny thing! Tongue

I've been following those lines in the past few days. And I listened of them like a holy book. Trades where made... Cheesy Cheesy ...  And them lines worked. Tongue



doc12
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May 29, 2018, 11:29:08 AM

Oh yeah nice short liquidations in Bitmex  Grin
savetherainforest
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Plant 1xTree for each Satoshi earned!


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May 29, 2018, 11:31:51 AM

Fuck, 7400+ now, nice to see.


Nope... not going to last... Cheesy Cheesy

Sell or get burned to the stake! Cheesy Cheesy
savetherainforest
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May 29, 2018, 11:44:46 AM
Merited by 600watt (1)

Fuck, 7400+ now, nice to see.


Nope... not going to last... Cheesy Cheesy

Sell or get burned to the stake! Cheesy Cheesy
I don't know a lot of people have been waiting for any sign for a reversal this could be it.









^


For reversal it needs to do that...
Smiley




BTCHadzija
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May 29, 2018, 11:50:18 AM

I'm actually really impressed with the volume on this pump right now, we haven't had a 4hour volume candle this high in a loooong time.

Might be something here, but I still think we need to touch at least 6930 - the long term support line
savetherainforest
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May 29, 2018, 11:54:38 AM

I'm actually really impressed with the volume on this pump right now, we haven't had a 4hour volume candle this high in a loooong time.

Might be something here, but I still think we need to touch at least 6930 - the long term support line


Volumes do not matter.... panic, fear, uncertainty, despair and confidence are the only things that matter! Smiley ... ah... ofc.. and discipline! Tongue ... and also coordinated dumps! Smiley
savetherainforest
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May 29, 2018, 11:56:13 AM


That's far too low, it doesn't have to hit 3 to go up long-term.




Well from 5k to 3k it will stay there for probably less than 10-15 minutes. Smiley  ... Its just a matter of "Who will get lucky when fat butter fingers slip!" ... Cheesy Cheesy
xhomerx10
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May 29, 2018, 11:57:10 AM





 Well that's not even going to last a night!  I hope you have moar Wink
xhomerx10
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May 29, 2018, 11:59:25 AM

What is this? A spike? Good morning!

 It's just morning wood (aka nocturnal penile tumescence).  Go back to sleep.
LFC_Bitcoin
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May 29, 2018, 12:00:59 PM

No way it goes to $3,000. Too many people will pile in if it goes anywhere near low $5,000’s.
BTCHadzija
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May 29, 2018, 12:08:14 PM
Merited by JayJuanGee (1)

Fuck, 7400+ now, nice to see.


Nope... not going to last... Cheesy Cheesy

Sell or get burned to the stake! Cheesy Cheesy
I don't know a lot of people have been waiting for any sign for a reversal this could be it.

[img]https://i.imgur.com/y79WvPfmg]







^


For reversal it needs to do that...
Smiley






it doesn't ''need'' to do anything, the market doesn't owe you or me anything, and it's irrational at times.

and that other post of yours, I'm not even going to comment on it ''it doesn't need volume'' lol, yeah it doesn't need it but it's the best indicator for future price movement, and the only thing we can say for sure is that if there are no buyers and sellers it's all dead - so yeah, turn it the way you want it still needs volume

savetherainforest
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May 29, 2018, 12:13:03 PM



it doesn't ''need'' to do anything, the market doesn't owe you or me anything, and it's irrational at times.

and that other post of yours, I'm not even going to comment on it ''it doesn't need volume'' lol, yeah it doesn't need it but it's the best indicator for future price movement, and the only thing we can say for sure is that if there are no buyers and sellers it's all dead - so yeah, turn it the way you want it still needs volume






Depending on multiple factors. There can always be more volume or less. Smiley  ... So volume is not that important if there are people sitting on the side lanes and waiting for the perfect moment. Cheesy Cheesy
Phil_S
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We choose to go to the moon


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May 29, 2018, 12:15:44 PM
Merited by xhomerx10 (1)





 Well that's not even going to last a night!  I hope you have moar Wink


Also, 2040? I'm not waiting until I'm 70, no way. Smiley
xhomerx10
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May 29, 2018, 12:16:48 PM

Fuck, 7400+ now, nice to see.


Nope... not going to last... Cheesy Cheesy

Sell or get burned to the stake! Cheesy Cheesy
I don't know a lot of people have been waiting for any sign for a reversal this could be it.

[img]https://i.imgur.com/y79WvPfmg]







^


For reversal it needs to do that...
Smiley






it doesn't ''need'' to do anything, the market doesn't owe you or me anything, and it's irrational at times.

and that other post of yours, I'm not even going to comment on it ''it doesn't need volume'' lol, yeah it doesn't need it but it's the best indicator for future price movement, and the only thing we can say for sure is that if there are no buyers and sellers it's all dead - so yeah, turn it the way you want it still needs volume



 Without buyers and sellers, Bitcoin could best be considered dormant;  Bitcoin is irrational but also immutable, intangible and immortal.
El duderino_
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BTC + Crossfit, living life.


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May 29, 2018, 12:18:13 PM

No way it goes to $3,000. Too many people will pile in if it goes anywhere near low $5,000’s.

I would be buying big if BTC dips to that area , MUST buy dips otherwise the luckgames becomes too expensive
kludzins
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May 29, 2018, 12:18:52 PM

Dead cat bounce Grin
Harlot
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May 29, 2018, 12:23:37 PM

What is this? A spike? Good morning!

 It's just morning wood (aka nocturnal penile tumescence).  Go back to sleep.

Morning Wood? Is that a new trading term in cryptocurrencies? Hahah, I guess you can call it that one as this recent price rally got everyone excited but most importantly feel relief from the latest correction they ever had. But this is a normal thing to see right now. Bitcoin experiencing a heavy pounding (no pun intended) on the sell side made it oversold and now we could experience a late rally. This triangle is getting tighter and tighter (no pun intended again) and Bitcoin will be less volatile when it reaches at the end.
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