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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26837173 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 1 users with 9 merit deleted.)
windjc
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April 22, 2014, 04:53:59 AM

Breakout - high or low - is coming soon.

The triangle is closing.
chessnut
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April 22, 2014, 04:56:00 AM

Breakout - high or low - is coming soon.

The triangle is closing.

can you give us an illustration of the triangle?
keithers
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April 22, 2014, 04:57:05 AM

Breakout - high or low - is coming soon.

The triangle is closing.

We are overdue for a solid rally, so I am hoping for a breakout high.  We have had plenty of opportunities to stock up on lower priced BTC lately, and with the amount of adoption occurring daily, it is only a matter of time until we have a significant rise..
ChartBuddy
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April 22, 2014, 05:00:18 AM


Explanation
keithers
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April 22, 2014, 05:00:41 AM

we are lacking sufficient buy support for a strong rally ATM though.  It's weird though how all the buys just come out of the wood works when prices start climbing.   I know there is a lot of cash waiting on the sidelines, but it is truly amazing how quickly it all floods in...
qbd1313
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April 22, 2014, 05:09:30 AM

I think BTC/USD will be 1/2000$ In 2014 Roll Eyes
shmadz
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April 22, 2014, 05:18:23 AM

we are lacking sufficient buy support for a strong rally ATM though.  It's weird though how all the buys just come out of the wood works when prices start climbing.   I know there is a lot of cash waiting on the sidelines, but it is truly amazing how quickly it all floods in...

ahh, keithers, I think I remember you from the ole days, but now my memories are fading,

one thing seems consistent, that cash on the sidelines always seems to flood in when you're least expecting it...
billyjoeallen
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April 22, 2014, 05:34:57 AM

we are lacking sufficient buy support for a strong rally ATM though.  It's weird though how all the buys just come out of the wood works when prices start climbing.   I know there is a lot of cash waiting on the sidelines, but it is truly amazing how quickly it all floods in...

ahh, keithers, I think I remember you from the ole days, but now my memories are fading,

one thing seems consistent, that cash on the sidelines always seems to flood in when you're least expecting it...

The only people I know with a lot of cash made it from selling. so why the hell would they buy back unless the price drops?
dropt
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April 22, 2014, 05:43:52 AM

we are lacking sufficient buy support for a strong rally ATM though.  It's weird though how all the buys just come out of the wood works when prices start climbing.   I know there is a lot of cash waiting on the sidelines, but it is truly amazing how quickly it all floods in...

ahh, keithers, I think I remember you from the ole days, but now my memories are fading,

one thing seems consistent, that cash on the sidelines always seems to flood in when you're least expecting it...

The only people I know with a lot of cash made it from selling. so why the hell would they buy back unless the price drops?

Surely you can work the logic out on that one for yourself.
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April 22, 2014, 05:44:26 AM

I see very little downside for the price for the next two months with a possible slight and brief exception. We (most likely IMO) are going sideways and up... get ready for rocket moon bull trains on mars by end of June at the latest.

People start to buy in tepidly at first and gain confidence as time goes on and price goes sideways and slightly up for a while. Soon, bad news doesn't seem to affect price at all and any good news seemingly shoots the price up with ease.
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April 22, 2014, 06:01:38 AM


Explanation
Guinpen
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April 22, 2014, 06:07:04 AM

https://i.imgur.com/oVJp4tB.jpg
akujin
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April 22, 2014, 06:17:36 AM

what's up with that dump at btc-e? LOL  Grin
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April 22, 2014, 06:22:15 AM

what's up with that dump at btc-e? LOL  Grin
That's a really good question.
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April 22, 2014, 06:35:45 AM

I really thought we would be going up but i have a feeling it might go the other way again soon.
I think it's because the 5 or so times we did go up someone dumped on it right away. Can't blame people for not buying anymore.
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April 22, 2014, 06:38:58 AM



long consolidation lasting days. this contracting wedge needs to break out soonish, rule of thumb, it will continue in the direction in came. UP.
breaking support at 470ish is quite bearish, although this has been proven very hard to do in bearish cases in the last few days. there is much support.
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April 22, 2014, 06:40:28 AM

Tomorrow should be the day to make mad stacks Wink
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April 22, 2014, 06:42:47 AM

Tomorrow should be the day to make mad stacks Wink

one way or the other  Wink which way are you thinking??
ChartBuddy
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April 22, 2014, 07:00:25 AM


Explanation
keithers
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April 22, 2014, 07:10:18 AM

Price point of $500 seems to be the psychological barrier right now. We rise above and fall slightly below, but ultimately gravitate back towards $500
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