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Poll
Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26489602 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.)
podyx
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April 22, 2014, 06:40:28 AM

Tomorrow should be the day to make mad stacks Wink
chessnut
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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
fr33d0miz3r
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April 22, 2014, 07:17:04 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

The next possible psychological barrier is $0. We can't go below $0.
podyx
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April 22, 2014, 07:24:22 AM

Tomorrow should be the day to make mad stacks Wink

one way or the other  Wink which way are you thinking??

I'm thinking a healthy bear trap before we see any upwards movement
fr33d0miz3r
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April 22, 2014, 07:26:40 AM

Tomorrow should be the day to make mad stacks Wink

one way or the other  Wink which way are you thinking??

I'm thinking a healthy bear trap before we see any upwards movement

Agreed. A healthy bear trap to $266
windjc
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April 22, 2014, 07:55:43 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.

There. You drew it for me. Good job!
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April 22, 2014, 08:00:23 AM


Explanation
windjc
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April 22, 2014, 08:16:36 AM

If someone with 5000+ coins wanted to make some quick money, they could dump their bitcoins anytime (not all at one time of course) over the next 24 hours and break us out of the triangle to the downside and people would join the bear party. Similarly someone could do it to the upside too, but, in this case I think there are more people with the bitcoins who could do this than with the cash to do the opposite.
windjc
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April 22, 2014, 08:22:04 AM

An attempted breakout to the downside out of this triangle.



If we go below 3060, it will not be bullish.
dreamspark
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April 22, 2014, 08:25:53 AM

Just wait until the new fiat hits the exchanges as theres been no deposits for four days. I think its quiet bullish that we maintained the price we did.
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April 22, 2014, 08:26:41 AM

Love the poll.  Cheesy

price tomorrow?

    high
    super high
    super-duper high
    BUY BUY BUY!
   
dreamspark
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April 22, 2014, 08:27:53 AM

Also the 3D MACD is due to cross today aswell.
windjc
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April 22, 2014, 08:28:53 AM

Just wait until the new fiat hits the exchanges as theres been no deposits for four days. I think its quiet bullish that we maintained the price we did.

Yes. That mysterious allusive fresh fiat that we haven't seen since December 3-4.

Maybe it arrives. And the 3 day MACD just turned green on Houbi. These are the bulls only real hope at this point.
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April 22, 2014, 08:37:43 AM


Maybe it arrives. And the 3 day MACD just turned green on Houbi. These are the bulls only real hope at this point.

Buy the Rumor, Sell the News.
3D MACD green on huobi, china dumps.  Cheesy
chessnut
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April 22, 2014, 08:41:45 AM


Maybe it arrives. And the 3 day MACD just turned green on Houbi. These are the bulls only real hope at this point.

Buy the Rumor, Sell the News.
3D MACD green on huobi, china dumps.  Cheesy

 Cheesy

haha nice one!

is PBOC going to make an announcement about the 3d macd?  Cheesy
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April 22, 2014, 08:42:18 AM

Yeah, I don't see the 3 day MACD playing a huge role here. Maybe, but to me its all about whether there are new buyers with fresh fiat ready to push us higher. There's plenty of daytraders willing to go lower or higher depending on the current. But the current has been south for 5+ months because of a lack of fresh money.
JorgeStolfi
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April 22, 2014, 08:45:53 AM

Bitcoinwisdom down?
dreamspark
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April 22, 2014, 08:49:42 AM

Bitcoinwisdom down?

That appears to be the case Prof.
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