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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26837741 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 1 users with 9 merit deleted.)
empowering
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July 21, 2014, 01:50:46 AM
Last edit: July 21, 2014, 02:08:15 AM by empowering

Agreed day tarding can be hazardous to your wealth....  especially on margin, and especially going short (BTC) on margin. These are things I NEVER do.

Personally though I could not give a hoot if the Wall street traders "clean up" they can look after themselves.

and I hope everyone here on this forum, gets out with as many BTC or $£ as possible and happy new year and good cheer to all I say. That goes for the chart readers, the point and guess "feels good to me" traders,  day traders, the hodlers, the bulls and the bears, and even the pigs... the whales can look after themselves - oh and fud spreading market manipulators they can fuck off too.
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July 21, 2014, 02:00:16 AM


Explanation
ChartBuddy
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July 21, 2014, 03:00:12 AM


Explanation
camolist
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July 21, 2014, 03:15:27 AM

can we get back onto the path to the moon already Huh
ChartBuddy
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July 21, 2014, 04:00:11 AM


Explanation
JerryCurlzzz
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July 21, 2014, 04:18:19 AM

ask walls are high, but that can change in an instant.
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July 21, 2014, 05:00:12 AM


Explanation
Davyd05
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July 21, 2014, 05:18:49 AM

coil I say, coil.. and spring
ShroomsKit
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July 21, 2014, 05:20:08 AM

Looks like we're gonna drop under 620 again. Crazy  Undecided
Davyd05
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July 21, 2014, 05:47:27 AM

Looks like we're gonna drop under 620 again. Crazy  Undecided

why is the trend of mid summer, crazy?

patience, perhaps a vacation Cheesy
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July 21, 2014, 06:01:16 AM


Explanation
ShroomsKit
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July 21, 2014, 06:11:52 AM

Looks like we're gonna drop under 620 again. Crazy  Undecided

why is the trend of mid summer, crazy?

patience, perhaps a vacation Cheesy

But everybody told me we we're going to the moon mid summer. Now it's suddenly normal to go down instead?
I think someone needs to draw some lines quick to clear this up.
Davyd05
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July 21, 2014, 06:20:38 AM

Looks like we're gonna drop under 620 again. Crazy  Undecided

why is the trend of mid summer, crazy?

patience, perhaps a vacation Cheesy

But everybody told me we we're going to the moon mid summer. Now it's suddenly normal to go down instead?
I think someone needs to draw some lines quick to clear this up.

We're all just making guesses ...some lines couldn't hurt. However for me it's all just patience this time around.

I was over zealous in the last bubble. I should've sold @ 1000-800 but it was my first couple of months owning bitcoin and I love my bitcoins so much so that dirty fiat profits couldn't lure me...even though I could've re invested them into more bitcoins I know I know I was a noob.
Newbie1022
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July 21, 2014, 06:26:13 AM

Looks like we're gonna drop under 620 again. Crazy  Undecided

why is the trend of mid summer, crazy?

patience, perhaps a vacation Cheesy

But everybody told me we we're going to the moon mid summer. Now it's suddenly normal to go down instead?
I think someone needs to draw some lines quick to clear this up.

I think we are seeing softness, today (specifically), due to concerns about the Bitfinex deleveraging policy change (notice the asymmetry in their order book, and, to a lesser extent, on BTC-e. Thus, while China is normally the driver and Bitstamp a secondary driver, the concern over a liquidation event seems to be keeping everybody in check. Once today passes (like many of the imagined dark clouds), we should get some strong upward movement.

Note also, in looking at the Bitfinex order book that those are people who have been involved in Bitcoin already who know about it and there are literally tens of millions of dollars placed on extremely short bids (10% or more below market) in hopes of catching a flash crash, today. Frankly, it is absolutely f---ing amazing the price is as robust as it is. I thought we'd be skirting 600 by today (and I also think we may be at 700 by the end of the week).
WillyBTC
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July 21, 2014, 06:26:19 AM

Some buying on Huobi and BTC-E. Bounce time? Tongue
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July 21, 2014, 06:30:43 AM

Some buying on Huobi and BTC-E. Bounce time? Tongue

It's a trap. Boom time is coming... for at least another 18 to 36 hours, though (at the earliest). Until then, grab a novel!!!
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July 21, 2014, 06:55:25 AM

Still right on track:


The red pattern will close in the next 36 hours. This will be an important indication.



I still think the fibonacci level at 654 USD is the most important thing to watch. If we break out, a new rally will start almost certainly.
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July 21, 2014, 07:00:11 AM


Explanation
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July 21, 2014, 07:14:52 AM

Still right on track:


The red pattern will close in the next 36 hours. This will be an important indication.



I still think the fibonacci level at 654 USD is the most important thing to watch. If we break out, a new rally will start almost certainly.

nice
i think we have time for that; 10-15 days, not only 36hrs
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July 21, 2014, 08:00:11 AM


Explanation
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