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

[ChartBuddy]

Explanation

[Newbie1022]

Paul George's near self-amputation today... what do we think, gang... is that a bullish or a bearish omen?

[magicmexican]

Classic 2h red macD dump, most likely going to ~580 again or slightly higher

[justusranvier]

Once upon a time somebody had a version of this image modified for Bitcoin, but I can't find it and I'm too lazy to make one myself:



Stability is boring.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[JayJuanGee]

Classic 2h red macD dump, most likely going to ~580 again or slightly higher

Speaking of candles... it is funny that the Weekly MACD had been red for much of the beginning of the week; however, it appears that this week's MACD is NOT going to  close out red - unless BTC prices go below$570.... What U think?

[roslinpl]

Explanation

So quiet ...

"A silent before the storm!" they say ....



>$600 is coming.

[ChartBuddy]

Explanation

[ubercool]

Explanation

Market not able to hold above 600, not a good sign.

[falllling]

Explanation

Market not able to hold above 600, not a good sign.

better sell now or lose money when the big dump starts

[roslinpl]

Explanation

Market not able to hold above 600, not a good sign.

better sell now or lose money when the big dump starts

HUEHUEHUEUHEUE Sorry mate - xD but we know what you bear what to do :]

Believe me or not ... but  HODL !

[anujjain]

Explanation

Market not able to hold above 600, not a good sign.

better sell now or lose money when the big dump starts

HUEHUEHUEUHEUE Sorry mate - xD but we know what you bear what to do :]

Believe me or not ... but  HODL !

Yes, holding is best strategy for now, atleast for this weekend.

[niktitan132]

Explanation

Market not able to hold above 600, not a good sign.

better sell now or lose money when the big dump starts

HUEHUEHUEUHEUE Sorry mate - xD but we know what you bear what to do :]

Believe me or not ... but  HODL !

Yes, holding is best strategy for now, atleast for this weekend.

The HODL spirit is strong,here.

[manfred]

Once upon a time somebody had a version of this image modified for Bitcoin, but I can't find it and I'm too lazy to make one myself:



Stability is boring.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Wandererfromthenorth]

mmh doesn't look healthy. maybe this rise was just a bulltrap... or maybe whales just want to egg the market in opening more shorts so they can squeeze them... who the hell knows!

it just looks like it wants to go down... whale intervention aside  

[Sandia]

I checked the stats.  Very few shorts being opened, a lot more longs being opened (at least at BFX) in the last 24 hours.
Probably profit taking, or consolidation.

[ShroomsKit]

Stop dumping you twats! We've had enough of that for the last 7 months.