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

[p0peji]

BTC-e price spike was to squeeze the shorts, now we can go down again.

Hope you closed your  $445 short before this run...

Closed it at 465 and went long, so I am not rly sad about that.

 

[Jomppe]

Please short BTC because I have fresh cash flooding into BTC markets.
I am expecting the next goal to be 6500-7000 USD before the next major correction. It will take probably 4-6 months to achieve these levels.

[p0peji]

EW analysts: Is this an elliot wave?

I believe so. I could show you the fractals too but It would take some work.

Wouldnt this be wave 3 in a corrective trend?

[ShroomsKit]

Please short BTC because I have fresh cash flooding into BTC markets.
I am expecting the next goal to be 6500-7000 USD before the next major correction. It will take probably 4-6 months to achieve these levels.

On ignore. Buh bye.

[aminorex]

]That is the UNIQUE reason of my existence.

ShroomsKit is a DISGRACE

Oh, I get it now.

[TERA]

Notice how little we have increased since the time when people suddenly became arrogant and exuberant.

[Zule]

Notice how little we have increased since the time when people suddenly became arrogant and exuberant.

Is that a sell or buy signal?

[chessnut]

Wouldnt this be wave 3 in a corrective trend?

corrective trend or trend ............. that is determined by fundamentals not EW analysis. EW analysis is just how a liquid market naturally moves when a force is applied to the market. it could be a surprise force, or it could be a herd psychology, or it could be a massive investor playing the market wisely.

[jonoiv]

fibonacci lines are holding up well again on Huobi.  

[Biontic]

Elliot is waving from a train, yelling CCMF

'pologies for the newb question. But what does CCMF stand for?

[jonoiv]

Elliot is waving from a train, yelling CCMF

'pologies for the newb question. But what does CCMF stand for?

CHOO CHOO MOTHER FLUBBER

[Biontic]

Elliot is waving from a train, yelling CCMF

'pologies for the newb question. But what does CCMF stand for?

CHOO CHOO MOTHER FLUBBER

rofl - Thank you!

[_javi_]

Choo choo ran out of coal.. help!!

I dont like charts.. but this rally looks like the early march one.

[TERA]

Notice how little we have increased since the time when people suddenly became arrogant and exuberant.

Is that a sell or buy signal?

I said nothing about a signal, but I think it's funny.  Earlier in the day at $460 people seemed convinced we were going down, and I had to say no.

[ShroomsKit_Disgrace]

Choo choo ran out of coal.. help!!

I dont like charts.. but this rally looks like the early march one.

Check Huobi now, they don´t care about fuel.

[p0peji]

http://www.cnbc.com/id/101583758 Bobby Lee is so full of BS he reminds me of this guy https://www.youtube.com/watch?v=yfAeMtcURg0

[podyx]

http://www.cnbc.com/id/101583758 Bobby Lee is so full of BS he reminds me of this guy https://www.youtube.com/watch?v=yfAeMtcURg0

It's funny that I don't even have to open the article/video to know that Bobby Lee said something bullish lol!

[Zule]

I wouldnt be surprised if China goes back on top of this liftoff

[aminorex]

fibonacci lines are holding up well again on Huobi.  

WTF?  How did you rationalize that range?

[p0peji]

http://www.cnbc.com/id/101583758 Bobby Lee is so full of BS he reminds me of this guy https://www.youtube.com/watch?v=yfAeMtcURg0

It's funny that I don't even have to open the article/video to know that Bobby Lee said something bullish lol!

I am just wondering why he is saying that everything is business as usual, while Huobi has published news that a few banks are closing their accounts.