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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 26837001 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.)
Newbie1022
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July 30, 2014, 08:55:08 PM

Way too many red days in a row, this thing gotta bounce sooner or later.

It will bounce back. The question is, where will it bounce back from. Nobody knows this... please don't do something crazy like leverage trying to find a bottom. This is supposed to be fun. It isn't supposed to make you homeless. Too much manipulation to rely on basic logic, here.
fonsie
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July 30, 2014, 08:56:41 PM

OMG, did you guys see it too... on bitcoinwisdom I zoomed out and it appears we are still higher than a year ago, heck we are even higher than in May.
All of this and we are in bearish mode since January... me no understand.
esse83
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July 30, 2014, 08:56:48 PM

I've been away for a while. What's with all the doom and gloom? Everyone seems petrified.

Everything is fine, just fine! You should not be here, but buying cheap coins my friend  Grin Bitcoin will be at $10k at the end of the year, if not more! Trust me on this. I heard facebook is adding them, also amazon, ebay, google, etc. Everyone is crazy about btc. No way to lose! Oh, and Wall Street is coming with trillions. We should see amazing prices soon. Very soon! Dont be one of the weak hands shaken out. Stay strong! You won't regret it my dear pal. You won't.
fonsie
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July 30, 2014, 08:58:29 PM

I've been away for a while. What's with all the doom and gloom? Everyone seems petrified.

Everything is fine, just fine! You should not be here, but buying cheap coins my friend  Grin Bitcoin will be at $10k at the end of the year, if not more! Trust me on this. I heard facebook is adding them, also amazon, ebay, google, etc. Everyone is crazy about btc. No way to lose! Oh, and Wall Street is coming with trillions. We should see amazing prices soon. Very soon! Dont be one of the weak hands shaken out. Stay strong! You won't regret it my dear pal. You won't.

You forgot to mention the FED, who is printing dollars like crazy to buy BTC.
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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July 30, 2014, 08:59:57 PM


Explanation
empowering
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July 30, 2014, 09:02:06 PM

I've been away for a while. What's with all the doom and gloom? Everyone seems petrified.

Na... its fine... just people on margin, or people day trading, or people with general hysteria...   might be some good buying opportunities coming up though if we carry on like this for a day or two or longer... that is if you are not done accumulating.  
Schickeria
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July 30, 2014, 09:02:27 PM

Time for a bounce?Huh  Cheesy who will win it  Grin

I think at least wall at Huobi must get filled. Today or later.
kireinaha
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July 30, 2014, 09:02:51 PM

Time for a bounce?Huh  Cheesy who will win it  Grin

In case you haven't noticed, bitcoin doesn't "bounce" anymore. We fall, hit support, move sideways for a week or two, and then fall more. Rinse, repeat.
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July 30, 2014, 09:03:10 PM

100-something BTC ask wall just got bought on BFX. Stoch RSI shows a divergence on the 6 and 12 hour charts. Things finally looking up a bit?
podyx
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July 30, 2014, 09:03:27 PM

Seriously though, I think we might hit 550-560 as a bottom

Making bank this week Wink
Newbie1022
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July 30, 2014, 09:04:22 PM




This (probably) isn't the real bounce back. Patience is a virtue. There is no honor in being the martyr who tried to guess the bottom. I am buying back in either on a true catastrophe or if we get a pop back to the 585 to 590 range. I don't trust this bounce.
abercrombie
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July 30, 2014, 09:04:36 PM

Is crypto done???   Huh
Newbie1022
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July 30, 2014, 09:06:23 PM

Is crypto done???   Huh

No. I think it will get worse before it gets better. But hell no.
samsonn25
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July 30, 2014, 09:08:07 PM

Miners are selling the coins as fast as they come in
Newbie1022
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July 30, 2014, 09:08:24 PM

I suspect the bounce on Bitfinex was a doubling down. We might have a martyr soon.
Torque
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July 30, 2014, 09:10:10 PM

It's clearly the Wikipedia news, as good news makes the market go down.
findftp
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July 30, 2014, 09:11:11 PM

edit
nevermind, bitcoinwisdom acted weird. I saw strange mega volume.
Newbie1022
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July 30, 2014, 09:13:30 PM

Bounce + moon or bulltrap?

Trap!!!! Too much leverage... too much leverage left to burn through. Unless you think Wall Street is composed of charitable foundations, they are going to watch those leveraged out burn. Full cynicism mode. We'll hit an all-time high within the next six months, but some s--- is going to go down first.
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July 30, 2014, 09:14:44 PM

So we're rebounding? Can't really believe that. We actually need to crash a bit more! Total desparation. Yeah, this may be a dead cat bounce!
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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀


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July 30, 2014, 09:16:32 PM

Well, we are falling exponentially, maybe 560 can hodl. Dont mark my words, thought

We are not falling like that,

I know we fall 580 to 560 level, but still we have support of 540, if that break we can say this.

But before that it is not like this, we touched before too 540 and recover from there very quickly,

so just watch that level and then we will see.
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