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

[adamstgBit]

What do you guys think of this ? it was taken from the french forum.

 

Bullish?   

Which exchange is this supposed to be? This is Bitstamp's order book currently:



minus 40 USD: 6k coins

plus 40 USD: 3k coins

That's arguably a mildly bullish picture, but not overwhelmingly so. Walls turn out to be fake and are pulled, and 3k (or 6k) coins are eaten pretty fast if momentum builds up.

pretty sure its the other way around, wall are mostly all real, split up and move around when price moves, but even a sudden drop or spike produces about 2-5X volume, because theres always people that don't place bids till they see their magic number

[blatchcorn]

We are somewhere between 14-15

[oda.krell]

We are somewhere between 14-15

If we're lucky, yes.

Worst case I can see realistically is that we're at 13 (and go back another time to 400s, maybe high 300s, but won't make a new low).

[blatchcorn]

We are somewhere between 14-15

If we're lucky, yes.

Worst case I can see realistically is that we're at 13 (and go back another time to 400s, maybe high 300s, but won't make a new low).

Yup worst case is 13.  But if you look at 2 year chart, it does appear that 13 was the April 16th rally

[ChrisML]

We are somewhere between 14-15

If we're lucky, yes.

Worst case I can see realistically is that we're at 13 (and go back another time to 400s, maybe high 300s, but won't make a new low).

Yup worst case is 13.  But if you look at 2 year chart, it does appear that 13 was the April 16th rally

April was a bloody mess, literally.

[ChartBuddy]

Explanation

[adamstgBit]

mini wall move to the front lines, then seems to have disappeared

nope there it is 519.5

is this the beginning of the end?

or some lunatic that thinks its the beginning of the end?

[dreamspark]

Weekend dip it is then...
Not to worry look at the 1 week chart and how different it looks to the other flash recoveries.

Also look at the cup and handle that could be perfectly forming on the one day. If that completes with a drop to $505ish on mon/tue I may even be tempted with my first long.

[damnek]

The mini wall was bought!

[SheHadMANHands]

Lmao.. someone just ate the whole 300btc wall on Stamp.  One click.

[blatchcorn]

Lmao.. someone just ate the whole 300btc wall on Stamp.  One click.

Its dinner time in the UK 

[dreamspark]

Lmao.. someone just ate the whole 300btc wall on Stamp.  One click.

Its dinner time in the UK  

nom nom nom, looks like a market buy as well rather than a bidder removing a bid and market buying seeing as the bid depth hasn't changed at all so not like someone just got impatient.

[ChrisML]

NOM NOM NOMNOMNOMNONNOM. ME SO HUNGRY.


Yes, lets see what sunday afternoon brings. Or monday. Or Tuesday.

[ChartBuddy]

Explanation

[zimmah]

Lmao.. someone just ate the whole 300btc wall on Stamp.  One click.

Its dinner time in the UK 

if i had that kind of money i would do the same

[JayJuanGee]

NOM NOM NOMNOMNOMNONNOM. ME SO HUNGRY.


Yes, lets see what sunday afternoon brings. Or monday. Or Tuesday.

Holiday in USA, too on Monday. 

Maybe dip to $500, at the lowest before the weekend is over?    However, I would think that over the last month or so that plenty of fiat has accumulated on the exchanges to defend any weekend sell off attempt(s).  We cannot see that money, and accordingly, we cannot know for sure if it has been removed or if the fiat is still there on the exchanges.

[Ultros]

Whales making walls, whales breaking walls. I'm out of words!

[derpinheimer]

Whales making walls, whales breaking walls. I'm out of words!

You think these are whales??  
Remember, remember, the 25th of.. June. >BTC90,000 traded in <4 hours.


https://bitcointalk.org/index.php?topic=178336.19200

[ChartBuddy]

Explanation

[hdbuck]

sell sell sell

-> http://intellihub.com/george-soros-sells-shares-citigroup-bank-america-jp-morgan/

& buybuybuy BTC ^^