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

[YipYip]

The 551 support line better HODL or else it will be hello 480

Personally it would break the current uptrend....and we would be back to nuetral again...lolz ..cry ...lolz

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[Torque]

I see fake sell walls everywhere.  Now all we need is some strong buying to blow them away.

[TERA]

We currently have more market depth than we did 24 hours ago.

Where is the implosion?

I am disappoint.

It seems that the daily ichimoku cloud isn't ready to be penetrated yet. There might be another small rally before it finally happens in July.

[JayJuanGee]

That double bottom though

Eh, second bottom slightly lower than first. Plus this happens all the time and another dump puts us lower. Double bottom does not work with bitcoin. Double top usually does.

I thought that we had a consensus that BTC prices would be flat and/or tending downward until about midday Friday... then thereafter, we would either get gradual upward movement or sharp upward movement in prices.  The sharp upward movement in prices scenario would come in the event that the SR auction brought news of winning bids much above the then market rate.

[keithers]

Seems to  be uncertainty in the market right now.   People can't tell what they should do with the auction coming around...

[TERA]

1D Ichimoku cloud wasn't ready to be broken today. IT seems the market is perfectly geared up for a decision point to be made in July. One such imminent pending unknown is the auction but there is a much more important one:  What happens with Lawsky's regulations on July 1 or if they're delayed.

[windjc]

1D Ichimoku cloud wasn't ready to be broken today. IT seems the market is perfectly geared up for a decision point to be made in July. One such imminent pending unknown is the auction but there is a much more important one:  What happens with Lawsky's regulations on July 1 or if they're delayed.

TERA you've been in manic mode today - all over these boards posting repetitive posts.

You need to calm the fuck down. Did the futures trading kick your ass? Is that why you are even still here?

I'm neither bull or bear right now, but the amount of hysteria on these forums this week, which you have been right in the middle of, is fucking irritating.

I'm about to ban myself from here just to stop the pain.

There is literally no decent analysis going on.

No one can stand uncertainty around here.

Its bonkers.

[TERA]

1D Ichimoku cloud wasn't ready to be broken today. IT seems the market is perfectly geared up for a decision point to be made in July. One such imminent pending unknown is the auction but there is a much more important one:  What happens with Lawsky's regulations on July 1 or if they're delayed.

TERA you've been in manic mode today - all over these boards posting repetitive posts.

You need to calm the fuck down. Did the futures trading kick your ass? Is that why you are even still here?

I'm neither bull or bear right now, but the amount of hysteria on these forums this week, which you have been right in the middle of, is fucking irritating.

I'm about to ban myself from here just to stop the pain.

There is literally no decent analysis going on.

No one can stand uncertainty around here.

Its bonkers.

Oh yes I'm in a panicky mania and that's why I'm saying things like.. "a decision point will be made in July".

[kireinaha]

You might have me confused with someone else, friend. I'm typically pessimistic or mildly enthusiastic at best, but my outlook changes on a weekly basis. I honestly can't remember all that I've written in the past, but I've never promised anyone riches and if you look back enough, there have been times that I claimed we're all late adopters and missed the train. I'm feeling that way again now.

So, basically you admit that you have a track record of being inconsistent and wrong.

Thanks for the clarification.

I'm wrong some of the time, but also right quite often. I did call the May 19 trend reversal two weeks in advance... to the very day. Nobody else on here or other bitcoin forums can put claim to that feat. I have my finger firmly on the pulse of the market, and right now I'm getting contrary vibes to everyone who's promoting the idea of a major run up following the auction this week. I don't think it's going to happen. Maybe I'm wrong, but I'm not putting my pride on the line like you and others. This is merely a hobby for me and I invest a small part of my savings.

[windjc]

1D Ichimoku cloud wasn't ready to be broken today. IT seems the market is perfectly geared up for a decision point to be made in July. One such imminent pending unknown is the auction but there is a much more important one:  What happens with Lawsky's regulations on July 1 or if they're delayed.

TERA you've been in manic mode today - all over these boards posting repetitive posts.

You need to calm the fuck down. Did the futures trading kick your ass? Is that why you are even still here?

I'm neither bull or bear right now, but the amount of hysteria on these forums this week, which you have been right in the middle of, is fucking irritating.

I'm about to ban myself from here just to stop the pain.

There is literally no decent analysis going on.

No one can stand uncertainty around here.

Its bonkers.

Oh yes I'm in a panicky mania and that's why I'm saying things like.. "a decision point will be made in July".

No, seriously, you've been acting like a little girl. And you're not a little girl. You're a grown up woman. So grab those ovaries of yours and get yourself together.

You've been running around like a chicken with its head cut off. Its just in the last 10 minutes you started posting about decisions being made in July.

This lack of buyers prior to the auction is so freaking obviously predictable, I can't for the life of me see why intelligent people like you are even trying to explain it all.

[windjc]

You might have me confused with someone else, friend. I'm typically pessimistic or mildly enthusiastic at best, but my outlook changes on a weekly basis. I honestly can't remember all that I've written in the past, but I've never promised anyone riches and if you look back enough, there have been times that I claimed we're all late adopters and missed the train. I'm feeling that way again now.

So, basically you admit that you have a track record of being inconsistent and wrong.

Thanks for the clarification.

I'm wrong some of the time, but also right quite often. I did call the May 19 trend reversal two weeks in advance... to the very day. I have my finger firmly on the pulse of the market, and right now I'm getting contrary vibes to everyone who's promoting the idea of a major run up following the auction this week. I don't think it's going to happen. Maybe I'm wrong, but I'm not putting my pride on the line like you and others. This is merely a hobby for me and I invest a small part of my savings.

You can't be trusted. When you are "bull" you are extreme. When you are "bear" you are extreme. And like most extreme people on this forum, you have actually very little invested in the market. Larger players, they don't react like you.

Also, you have provided no reasons for why we would continue to go down. Its obvious why no one is buying. And there might be little buying after the auction too. But you've been talking about post auction coin dumps and it just ruins any credibility you might like to establish.

We have proven there are no sellers below $420. So I'm not so sure how low you think we are going to go. And currently there doesn't seem to be any sellers below $555.

This market has proven that it is ultimately controlled currently by lack of sellers, not lack of buyers. We learned that a handful of weeks ago.

There is simply a price at which people will not sell.

[TERA]

I am the least extreme person on here with my predictions (or possibilities rather). They are very small in amplitude compared to the people who predict swift moves to $100 or $10,000.

[windjc]

I am the least extreme person on here with my predictions (or possibilities rather). They are very small in amplitude compared to the people who predict swift moves to $100 or $10,000.

I dont think I called you extreme. You are just a little bi polar. You go from hating bitcoin to worrying about it maniacally.

Just calm down.

[ChartBuddy]

Explanation

[TERA]

I am the least extreme person on here with my predictions (or possibilities rather). They are very small in amplitude compared to the people who predict swift moves to $100 or $10,000.

I dont think I called you extreme. You are just a little bi polar. You go from hating bitcoin to worrying about it maniacally.

Just calm down.

I actually give very realistic TA - some of the most accurate on this forum.

[windjc]

I am the least extreme person on here with my predictions (or possibilities rather). They are very small in amplitude compared to the people who predict swift moves to $100 or $10,000.

I dont think I called you extreme. You are just a little bi polar. You go from hating bitcoin to worrying about it maniacally.

Just calm down.

I actually give very realistic TA - some of the most accurate on this forum.

You are notoriously and self described poor day trader who had an incredible string of calls on the last run up.

I have given you as much or more credit than anybody for your successes, but you haven't exactly been lining my pockets with bitcoins with your calls the last 6 months.

And you seem to be utterly confused with the current action.

[Davyd05]

@ Windjc

I think you need to check on  your testicles might be under producing horomones, going all snap crazy bat shit on Tera.

[windjc]

@ Windjc

I think you need to check on  your testicles might be under producing horomones, going all snap crazy bat shit on Tera.

You mean over producing? That would make a little more sense. Maybe so. I'll check for you and report back.

[TERA]

windjc is close to ignore because I think he's just trolling me. He responds to each of my posts in every thread sometimes with an argument that is completely out of context.

[JimboToronto]

the amount of hysteria on these forums this week, which you have been right in the middle of, is fucking irritating.

I'm about to ban myself from here just to stop the pain.

There is literally no decent analysis going on.

No one can stand uncertainty around here.

Its bonkers.

I feel your pain. It has been an emotional time around here lately, but Davy also has a point.

Don't let the hysteria become contagious and drag you down with it.

Try to find humor in the ridiculousness of it all and rise above the bullshit.