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

[razorramon]

where are all the asks on bitstamp? ~2k to 400?

Gone..and we had a bull flexing +4300 in bids. Pulled now but I imagine he's going to market buy a bit and hope to get sold into.

prepare for fireworks

`


i saw that wall maybe someone who wants to close shorts?....i guess more and more people start to overthink their shorts...a lot of bears are still don't think that the market could have turned

anyway...nice outlook

[razorramon]

bitcoin.de is already @ ~375 usd

[mmitech]

BTC breakout short term atm... Time to share...

MY ULTIMATE BEARISH CASE:



MY ULTIMATE BULLISH CASE:



currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines


edit:
I call that we will never touch 275 USD again and probably will never dip below 300 USD
You have the right to ridicule me if this doesn't happen  

Here we go again, another never post, I love these posts  

Edit: and yes, I still didn't buy and wont buy, my chart is not showing any kind of reversal, it could be just a dead cat bounce.... if we go to $500 and maintain it for days or continue going up, I will buy back, but for for now it is business as usual, waiting for more downtrend.

[ChartBuddy]

Explanation

[btcney]

BTC breakout short term atm... Time to share...

MY ULTIMATE BEARISH CASE:



MY ULTIMATE BULLISH CASE:



currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines


edit:
I call that we will never touch 275 USD again and probably will never dip below 300 USD
You have the right to ridicule me if this doesn't happen  

Here we go again, another never case, I love these posts  

Edit: and yes, I still didn't buy and wont buy, my chart is not showing any kind of reversal, it could be just a dead cat bounce.... if we go to $500 and maintain it for days or continue going up, I will buy back, but for for now it is business as usual, waiting for more downtrend.

[Luzio]

Closed my long, some good profits. Crazy greedy panic buyers haha Time to sleep, 6 am here. Anyway it will be interesting to see if the overall downtrend of 2014 continues or not.

[ErisDiscordia]

watching Andreas talking to the Canadian senate committee.

CANADIANS ARE SO POLITE!

Thank you, thank you, thank you...

[nanobrain]

BTC breakout short term atm... Time to share...

MY ULTIMATE BEARISH CASE:



MY ULTIMATE BULLISH CASE:



currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines


edit:
I call that we will never touch 275 USD again and probably will never dip below 300 USD
You have the right to ridicule me if this doesn't happen  

Here we go again, another never post, I love these posts  

Edit: and yes, I still didn't buy and wont buy, my chart is not showing any kind of reversal, it could be just a dead cat bounce.... if we go to $500 and maintain it for days or continue going up, I will buy back, but for for now it is business as usual, waiting for more downtrend.

I agree with you, and most of the TA I've been reading today suggests the same, maybe upto 500 or even 550 but we will keep travelling downwards in the next couple of months.

It's incredible how much (irrational) exuberance there has been since Monday.  A great deal seems to be based on Adam whipping people into a frenzy with talk of rockets, trains etc.  I'm beginning to find it all a bit tragic that you can't offer an rational opinion without being called a "bear troll" or similar.

But I do notice that we've gone back to posting random pictures of breasts, which is normally a good indicator that the collective IQ/attention span of the thread is dipping.

[seljo]

BTC breakout short term atm... Time to share...

MY ULTIMATE BEARISH CASE:



MY ULTIMATE BULLISH CASE:



currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines


edit:
I call that we will never touch 275 USD again and probably will never dip below 300 USD
You have the right to ridicule me if this doesn't happen  

Here we go again, another never post, I love these posts  

Edit: and yes, I still didn't buy and wont buy, my chart is not showing any kind of reversal, it could be just a dead cat bounce.... if we go to $500 and maintain it for days or continue going up, I will buy back, but for for now it is business as usual, waiting for more downtrend.

Again the usual sell low, buy high tictacs...

[mmitech]

BTC breakout short term atm... Time to share...

MY ULTIMATE BEARISH CASE:



MY ULTIMATE BULLISH CASE:



currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines


edit:
I call that we will never touch 275 USD again and probably will never dip below 300 USD
You have the right to ridicule me if this doesn't happen  

Here we go again, another never post, I love these posts  

Edit: and yes, I still didn't buy and wont buy, my chart is not showing any kind of reversal, it could be just a dead cat bounce.... if we go to $500 and maintain it for days or continue going up, I will buy back, but for for now it is business as usual, waiting for more downtrend.

Again the usual sell low, buy high tictacs...

except that I've sold @600

[Wandererfromthenorth]

Next page in this thread is critical.

[Wandererfromthenorth]

Next funny troll gif is critical.

[tarmi]

there are much smarter trolls in the order books than here.

keep that in mind.

[ShroomsKit]

BTC breakout short term atm... Time to share...

MY ULTIMATE BEARISH CASE:



MY ULTIMATE BULLISH CASE:



currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines


edit:
I call that we will never touch 275 USD again and probably will never dip below 300 USD
You have the right to ridicule me if this doesn't happen  

Here we go again, another never post, I love these posts  

Edit: and yes, I still didn't buy and wont buy, my chart is not showing any kind of reversal, it could be just a dead cat bounce.... if we go to $500 and maintain it for days or continue going up, I will buy back, but for for now it is business as usual, waiting for more downtrend.

I agree with you, and most of the TA I've been reading today suggests the same, maybe upto 500 or even 550 but we will keep travelling downwards in the next couple of months.

It's incredible how much (irrational) exuberance there has been since Monday.  A great deal seems to be based on Adam whipping people into a frenzy with talk of rockets, trains etc.  I'm beginning to find it all a bit tragic that you can't offer an rational opinion without being called a "bear troll" or similar.

But I do notice that we've gone back to posting random pictures of breasts, which is normally a good indicator that the collective IQ/attention span of the thread is dipping.

It's all because of that 30k sell off it seems. Just a random guy cashing out and everyone thinks the downtrend has reversed. Maybe it has but i don't see how that had anything to do with that guy. As far as i can see the dumper(s) that have taken us down are still dumping and nothing fundamental has changed.
Just some short term hype based on nothing really.
I really hope we will go up but i don't think we will. In a few days the hype will be over, the dumper will keep dumping and it's back to where we were before the 30k got dumped.

[heartastack]

there are much smarter trolls in the order books than here.

keep that in mind.

This is a 'reaction tread' - listen to people here and you're bound to miss out on all the good trades, buy high and sell low etc.
It's only good for a laugh.

[seljo]

BTC breakout short term atm... Time to share...

MY ULTIMATE BEARISH CASE:



MY ULTIMATE BULLISH CASE:



currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines


edit:
I call that we will never touch 275 USD again and probably will never dip below 300 USD
You have the right to ridicule me if this doesn't happen  

Here we go again, another never post, I love these posts  

Edit: and yes, I still didn't buy and wont buy, my chart is not showing any kind of reversal, it could be just a dead cat bounce.... if we go to $500 and maintain it for days or continue going up, I will buy back, but for for now it is business as usual, waiting for more downtrend.

Again the usual sell low, buy high tictacs...

except that I've sold @600

And you will wait till 666 to buy again )))

[ChartBuddy]

Explanation

[tarmi]

there are much smarter trolls in the order books than here.

keep that in mind.

This is a 'reaction tread' - listen to people here and you're bound to miss out on all the good trades, buy high and sell low etc.
It's only good for a laugh.

no, you are wrong.

this thread is a good indicator, but only if read right.

[heartastack]

there are much smarter trolls in the order books than here.

keep that in mind.

This is a 'reaction tread' - listen to people here and you're bound to miss out on all the good trades, buy high and sell low etc.
It's only good for a laugh.

no, you are wrong.

this thread is a good indicator, but only if read right.

Yes, an indicator of what is happening now.

[tarmi]

there are much smarter trolls in the order books than here.

keep that in mind.

This is a 'reaction tread' - listen to people here and you're bound to miss out on all the good trades, buy high and sell low etc.
It's only good for a laugh.

no, you are wrong.

this thread is a good indicator, but only if read right.

Yes, an indicator of what is happening now.

wrong again.

when posted it is already history.