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

[Toxic2040]

See this is why we need support for a decentralized web.  If governments can keep the masses from accessing our decentralized currency by intercepting at the website front-ends, Bitcoin will become inaccessible to most of the world.

+1

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[Swimpool]

To the moon in 2 or 3 months for sure   

[shmadz]

To the moon in 2 or 3 months for sure   

Welcome to the forums and welcome to the thread, and consider this lesson #1 for bitcoin. Nothing is "for sure"

[ChartBuddy]

Explanation

[GreekGeek]

[  ] bitcoin is alien
[  ] bitcoin is quite perfect
[  ] bitcoin is supernatural
[  ] god
[  ] devil
[X] none of the above but trading behavior is guided by lines drawn to define limits
 
 

edit : X

[shmadz]

[  ] bitcoin is alien
[  ] bitcoin is quite perfect
[  ] bitcoin is supernatural
[  ] god
[  ] devil
[X] none of the above but trading behavior is guided by lines drawn to define limits
 
 

edit : X

I like drawing random lines...



just imagine   those lines don't converge until 2015 or something.

and yet, until they get broken, I'm probably not going to trade very much, currently have almost all fiat and crypto out of exchanges and on the sidelines.

[ChartBuddy]

Explanation

[aminorex]

until they get broken, I'm probably not going to trade very much, currently have almost all fiat and crypto out of exchanges and on the sidelines.

I hope you don't trade when the upper line is broken.  After 800 there is no resistance to speak of.

[shmadz]

until they get broken, I'm probably not going to trade very much, currently have almost all fiat and crypto out of exchanges and on the sidelines.

I hope you don't trade when the upper line is broken.  After 800 there is no resistance to speak of.

I'm just saying, I won't be sending my coins back into their hands until I think the risk is worth it.

if that upper line gets broken, then I'm back to risk on and I will be looking for opportunities to sell.

*fantasy land edit*  not selling at 800... I am planning a tranche starting at 1200 and going to 5000, at which point I will just stop and hoard the rest, just like last time, and the time before that, and the ... hehehe, sorry, couldn't resist.  

no real tranche planned for the downside though. I guess I've bought my fill.

If it goes down, I guess I'll go down with the ship. *or maybe transfer into some interesting alt-coins*

[ChartBuddy]

Explanation

[Benjig]

Explanation

The trend looks very balanced, without doubt we are having a break of one or two weeks

[keithers]

Explanation

The trend looks very balanced, without doubt we are having a break of one or two weeks

market is looking pretty flat.   That is much better than heading downward, although I would rather be heading upwards .   I am anxious to see us start staying above $600, lets go!!

[derpinheimer]

Ghost lines are of one week ago. Price has barely dropped but the orderbook is notably worse.

[ChartBuddy]

Explanation

[fonzie]

[fonzie]

Staring into the abyss

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[edwardspitz]

Staring into the abyss

I see around $600 down there. At least 

[falllling]

finally the dead cat bounce is weaker now, time to go back to $500