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

[Davyd05]

Watch Huobi fellas. Down or up.. Lead or not to lead.

their morning rush to react to stamp staying above 660

[ChrisML]

Here we go

[Gingermod]

Cup and handle as fuk

[shmadz]

Watch Huobi fellas. Down or up.. Lead or not to lead.

their morning rush to react to stamp staying above 660

not sure why but huobi market action seems to be more mature than the rest...



just a very nice down channel with lower highs and lower lows, until it was broken, and then it was significantly broken, and a fairly good leading indicator too when it never got close to touching the lower bound before smashing the upper one...


I can't get any read on a new upward channel on huobi... I suspect you'd have to zoom out for that. I also suspect that some resistance might be met at 4200.

but I still trade mostly on gut, I find it more reliable.

[Peter R]

Another quick poll: is there anyone here at all who does not believe that, by 2027, 1 BTC will buy all the wealth in the world?  

At some point in the future either the USD/BTC exchange rate will diverge to infinity or collapse to zero.  Long term, there's very little else that could happen.

It's hard to imagine drastic changes to the status quo but human history is full of them.  

[Davyd05]

with the one 1W starting to look good, and also those bitcoin atm's for the people sitting on the wall will sure put an interesting spin on this bull run.

[ChrisML]

MOOOOON.

cHOO cHOO 

[Gingermod]

[ChrisML]

Bitstamp 670

[Davyd05]

Bitstamp 670

It would appear they're having a candle contest stamp and huobi

[ChrisML]

Going for 4200?

[YipYip]

nah ..just think some white devil just took a position ..lets watch next 4 mins

Must admint it is pump & dump time in china ..which is 3 in the afternoon australia time

EDIT : OOps just saw the hubio action ....ok mayube this is it ..popcorn ready

[Searing]

Here we go

going up lunch time in shanhai don't ya know

[shmadz]

where are the bears now? lol

don't underestimate the bears.

They are hungriest just after they been hibernating for a while.

[androz]

cHOO cHOO 

i'm hoping that this trend will continue, but if i remember well, the last summer the increase wasn't exciting.

let's wait a different pattern.

[Gingermod]

Rocket time

[shmadz]

cHOO cHOO  

i'm hoping that this trend will continue, but if i remember well, the last summer the increase wasn't exciting.

let's wait a different pattern.

I don't think bitcoin will follow a seasonal pattern.

perhaps a numerical or mathematical one, a subset of the block-halving or something.

at any rate, I am expecting fireworks in 2016 and I do not want to be disappointed.

[akujin]

bounce down 

[seleme]

Isn't it beautiful?

[JimboToronto]

bounce up