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

[Paashaas]

That selling spree at Bearstamp  
 

[Biodom]

Here is my theory:

It was caused by the massive hat accumulation on WO, which caused the chart to literally break down.

/tic

[mike4001_]

5580 at Bitstamp

[BTCMILLIONAIRE]

I reckon something, but don't want to jinx it.

Too late. If you don't want to jinx you don't bring it up. What have you done.

[fragout]

5580 at Bitstamp

yep. good support at 5500 though

[jojo69]

And $6000 broken.

You’re 30 mins late. We’re on our way to $4xxx

When will this shit show STOP?

Why this is happening?

This is a predicted and necessary event.

next stop 4650

[Ludwig Von]

Time to start uploading fiat to Stamp... . After all these months of passive looking... . First buy order at 4800€ Next at 4500€  

[cAPSLOCK]

[podyx]

[El duderino_]

How much further are we gonna go down you reckon?

You Said 4.8 not ?

[coinlocket$]

The mement when you see a green

[egyptian magician]

OK I think it's over... the weak hands have been shaken out and we can go up again. So this is actually good news.

[Raja_MBZ]

OMG! Check out the Bitcoin Cash's quarterly futures at BitMEX.

1 BCH = 0.031 BTC right now, at least something to cheer on!

[BTCMILLIONAIRE]

Omg guys, +3% in a matter of seconds, why are we mooning?

[Samarkand]

Market cap is down to ~95 billion $.

I still think that the drop below a market cap of 100 billion $ is only temporary.
Too many parties are incentivized to keep the price above the level that is necessary
for a 100 billion $ market cap.

[marcus_of_augustus]

This is a predicted and necessary event.

next stop 4650

bottoms everywhere we look now ...

[cAPSLOCK]

OK I think it's over... the weak hands have been shaken out and we can go up again. So this is actually good news.

I seriously doubt this...  unfortunately.  I mean the basic sentiment that this might actually be capitulation?  Yes. 

But that it's over? 

Lol.

[Phil_S]

Someone's buying...

[Biodom]

Trace Mayer was vocalizing $3500 a few weeks ago.
I would hate it, but it is probably possible as an ultimate low.
Maybe this is what whales like him want.

[Biro Bob]

This has happened so many times, that I really should have learned to keep a few grand in Bitstamp for days like this. I’m transferring now, but by the time it arrives, the opportunity will have passed.