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

[empowering]

Cool and inspiring post 

Thank you : )  

Interesting topic... times are changing...


"In the next century we will move forward at a rate not 100 years, but 20,000 years" Ray Kurzweil.

[Habeler876]

Were we faked out? Daily still even looks bullish, but it feels like we're slumping again. Not looking forward to a retest of 550s..... onwards and upwards....

 

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[shmadz]

Were we faked out? Daily still even looks bullish, but it feels like we're slumping again. Not looking forward to a retest of 550s..... onwards and upwards....

 

Just crawling up slowly to set up for the next dump.

As someone who gets paid monthly in fiat and is still trying to accumulate more bitcoin, I'm rather fond of this behavior.

As low as possible for as long as possible, thanks.

[Habeler876]

Were we faked out? Daily still even looks bullish, but it feels like we're slumping again. Not looking forward to a retest of 550s..... onwards and upwards....

 

Just crawling up slowly to set up for the next dump.

As someone who gets paid monthly in fiat and is still trying to accumulate more bitcoin, I'm rather fond of this behavior.

As low as possible for as long as possible, thanks.

That's my suspicion as well. But the daily looks an awful lot like the last bottom of the 550 level. Bullish engulfing candle, 2nd green candle, pullback on Saturday. Then it was a low volume green candle Sunday followed by a pump on Monday.

[InstantBitcoin]

Were we faked out? Daily still even looks bullish, but it feels like we're slumping again. Not looking forward to a retest of 550s..... onwards and upwards....

 

Just crawling up slowly to set up for the next dump.

As someone who gets paid monthly in fiat and is still trying to accumulate more bitcoin, I'm rather fond of this behavior.

As low as possible for as long as possible, thanks.

That's my suspicion as well. But the daily looks an awful lot like the last bottom of the 550 level. Bullish engulfing candle, 2nd green candle, pullback on Saturday. Then it was a low volume green candle Sunday followed by a pump on Monday.

man i think you are right:  monday could get hairy, ~ Wall St. hustlers ! ! ! 

[ChartBuddy]

Explanation

[hdbuck]

and so the bear trap transformed into a bull trap.

[iram3130]

and so the bear trap transformed into a bull trap.

There is no Bull trap, now it's weekend so market trying to take breath
before begining of new week, just enjoy your weekend and forget about Bitcoin movement.

[JerryCurlzzz]

and so the bear trap transformed into a bull trap.

There is no Bull trap, now it's weekend so market trying to take breath
before begining of new week, just enjoy your weekend and forget about Bitcoin movement.

I hope you're right. Thing is, it seems like BTC makes these bounces that break the short term down trend, so you think it's bullish, but then it slumps for days and then eventually just seems to roll over....

[Marbit]

Were we faked out? Daily still even looks bullish, but it feels like we're slumping again. Not looking forward to a retest of 550s..... onwards and upwards....

 

Just crawling up slowly to set up for the next dump.

As someone who gets paid monthly in fiat and is still trying to accumulate more bitcoin, I'm rather fond of this behavior.

As low as possible for as long as possible, thanks.

That's my suspicion as well. But the daily looks an awful lot like the last bottom of the 550 level. Bullish engulfing candle, 2nd green candle, pullback on Saturday. Then it was a low volume green candle Sunday followed by a pump on Monday.

Yes, the bullish engulfing certainly caught my attention. I figured we'd pull back to $580s or at least low $590s to consolidate and let the indicators go down a bit. Hopefully we won't see much lower than that for a while.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[freedomno1]

Combo breaking the chartbuddy ^_^
He needs friends always 

Anyways consolidation day wonder if it will move over the weekend

[derpinheimer]

Combo breaking the chartbuddy ^_^
He needs friends always 

Anyways consolidation day wonder if it will move over the weekend

It will; downwards.

[Taras]

Bitcoin, you're drunk

[bigasic]

Pointing to the smartphone, Kurzweil says, devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student. "It is also several thousand times more powerful," he says. "It is a million times cheaper. That is a several billion-fold increase in price performance." Technology is being reduced at a rate of "100,000 in 3-D volume per decade," says Kurzweil. "That is another predictable exponential trajectory, so computers of this capability will be blood-cell size in 2030.

Phone size is increasing again.

30 Years Of Cell Phones

There is one phone  missing in that photo. I purchased a "mobile" phone in 1991 or so and it was roughly 8x10x3 and had a handset that looked like a traditional phone with a 8in antennae, i believe that was the first mobile phone built as I was totally into cell phones when they first were introduced in the late 80s and paying 1-3 dollars per minute. Ill have to find a picture of that phone.. too bad I didn't keep it, im sure it would be worth something today..

[freedomno1]

Pointing to the smartphone, Kurzweil says, devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student. "It is also several thousand times more powerful," he says. "It is a million times cheaper. That is a several billion-fold increase in price performance." Technology is being reduced at a rate of "100,000 in 3-D volume per decade," says Kurzweil. "That is another predictable exponential trajectory, so computers of this capability will be blood-cell size in 2030.

Phone size is increasing again.

30 Years Of Cell Phones

There is one phone  missing in that photo. I purchased a "mobile" phone in 1991 or so and it was roughly 8x10x3 and had a handset that looked like a traditional phone with a 8in antennae, i believe that was the first mobile phone built as I was totally into cell phones when they first were introduced in the late 80s and paying 1-3 dollars per minute. Ill have to find a picture of that phone.. too bad I didn't keep it, im sure it would be worth something today..

Starts at Nokia moves onwards lol.
Anyways the first cell phones would definitely have some value today in a mobile phone museum
They have a nice contrast though.

Bitcoin, you're drunk

Sideways hehe that works Bitcoin is being tipsy today 

[findftp]

30 Years Of Cell Phones

There is one phone  missing in that photo..... <snip>

There are 6255143872165517735257198668789316491111! phones missing