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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 26491434 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.)
YogoH
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May 27, 2014, 08:08:41 AM

Its fine. Moving bitcoins from large weak hand to smaller stronger hands.
akujin
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May 27, 2014, 08:10:41 AM

BOOM! Die btc!  Grin Grin Grin
ShroomsKit
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May 27, 2014, 08:12:36 AM

Its fine. Moving bitcoins from large weak hand to smaller stronger hands.

Let's stop with this myth. People have been saying this since day 1. If this was true there wouldn't be any weak hands anymore.
Weak hands are selling to other weak hands. This will never change. There will always be weak hands.
YogoH
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May 27, 2014, 08:16:45 AM

Its fine. Moving bitcoins from large weak hand to smaller stronger hands.

Let's stop with this myth. People have been saying this since day 1. If this was true there wouldn't be any weak hands anymore.
Weak hands are selling to other weak hands. This will never change. There will always be weak hands.

There will always be weak hands. But if they are buying now, when someone else is selling, then they are obviously strongER hands.
Cassius
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May 27, 2014, 08:21:46 AM

540 retest required?
ShroomsKit
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May 27, 2014, 08:23:09 AM

540 retest required?

Required for what?
RoadStress
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May 27, 2014, 08:24:11 AM

540 retest required?

Required for what?

Required to hit a new and bigger ATH!
SFHere
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May 27, 2014, 08:24:45 AM

Be here
See sudden drop

begin to think willy jr. is fully operational  Cheesy
dnaleor
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May 27, 2014, 08:24:52 AM
Last edit: May 27, 2014, 08:38:25 AM by dnaleor

And we have a new trend channel Smiley



If this channel will not fail, we will hit 1000 USD again between june 17 and 23.
We will see if this rapid rising exchange rate will continue, but in Bitcoin, nothing is impossible Wink
akujin
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May 27, 2014, 08:27:40 AM





 Grin Grin Grin
ShroomsKit
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May 27, 2014, 08:30:57 AM

540 retest required?

Required for what?

Required to hit a new and bigger ATH!

Why would we need to go to 540 to go higher?
Cassius
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May 27, 2014, 08:31:35 AM

540 retest required?

Required for what?

Going up. Conventional TA I think.
jl2012
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May 27, 2014, 08:32:42 AM

And we have a new trend channel Smiley



If this channel will not fail, we will hit 1000 USD again bwentween june 17 and 23.
We will see if this rapid rising exchange rate will continue, but in Bitcoin, nothing is impossible Wink

This channel is growing too fast. I guess it will be broken today.
zimmah
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May 27, 2014, 08:33:32 AM

And we have a new trend channel Smiley



If this channel will not fail, we will hit 1000 USD again bwentween june 17 and 23.
We will see if this rapid rising exchange rate will continue, but in Bitcoin, nothing is impossible Wink

I don't see why not
ErisDiscordia
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May 27, 2014, 08:35:03 AM

The bull markets make me more nervous than the bear ones even though I'm a hodler. If we carry on like we have been, it'll be ATH in about 2 weeks. That's MENTAL.

I would give us less than a 2% chance of an ATH in 2 weeks.  I would gladly be wrong though.   What I like about this latest surge is that it is growing incrementally, and then flattening out for a bit before going up some more.   When it shoots straight up, it usually corrects right back down a decent amount.

Very true. That is a much healthier thing to witness. Though it always loses its shit eventually and jumps like 40% in a day Cheesy I remember the first time we hit 900 (think it was 700 actually), I was a wreck!

edit: Anyone remember that 10k wall immediately after we passed 266 last Nov? I still wanna know why someone would do that?

Yes, it was EPIC

still don't understand why someone would do that, though. Historically once ATH has been broken, several 100% of gains followed before a correction.
Cassius
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May 27, 2014, 08:37:29 AM

I don't think we're going lower then this tbh

headed to 630 in a couple days

540 retest was question for discussion. Thoughts for/against?
podyx
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May 27, 2014, 08:41:44 AM

I don't think we're going lower then this tbh

headed to 630 in a couple days

540 retest was question for discussion. Thoughts for/against?

Well, I thought we were heading a bit lower then 570 on this dump but looks like we aren't and my guess is we will consolidate here and move up later

I posted a few days ago that we were not gonna break $600 without a downside first, simply because we've been moving too fucking fast these last days(very bullish i believe though). edit:On second thought, this fast upwards movement could also be because of a longer bearmarket compared to the 2013 bearmarket

TLDR: pack your spacesuits for this summer Wink
lemonte
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May 27, 2014, 08:42:01 AM

Woke up with a sell order having gone through on Kraken, not buying back in until I see a few green candles on the hour views to be safe.
Any reason people dumped, aside from it being a correction as we've gone up too fast?
chessnut
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May 27, 2014, 08:42:06 AM

many of the coins that were bought in this run are probably no longer subject to panic selling, as whales withdraw for long term holding.
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May 27, 2014, 08:43:43 AM

everything is going down except Ripple, perfect time to load up on ripples
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