Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Toxic2040
on 12/06/2018, 06:33:18 UTC
I don’t see any walls. I guess a few hundred coins is a wall these days. In my day 30k coins was a wall.

In ur day 30k coins was 30k in fiat,

cheeky dig
sorry but let your self open no animosity intended, cheers

I agree not much in coins for a wall and nothing like the previous years

I remember one particular 30k wall at $300.
Define irony..  1k coin on a few key exchanges and you have a pretty strong position these days. Pre-2013 that wasn't enough to irritate a small dolphin. If the bearwhale was frolicking today as of old, a sneeze from that beast would have most of you on your knees begging for mercy. Some of those 20k coin moves back then where just epic to behold.. 


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Daily long lens


This weekend will set the rest of the summer up..have to see how the potential upcoming dip is handled. That spike jutting out of the cloud has been there for quite awhile indicating a fairly well established move. Hopefully this sell off we have experienced has accounted for most of that all ready so to speak.
Couple key dates to keep in mind. Mid July historically seems to contain a upwards spike followed by a slight draw down into late August. August to September is a possible indicated date for releasing more of the MtGox coins. Hopefully they have found some OTC buyers for most of what is planned on being released. I do think letting some go on the open market(i.e. exchanges) might possible help with the distribution of coins. Not completely convinced of that however. The dip on the end with the elegantly drawn question mark is trying to show that potential. Regardless, the last quarter of 2018 should produce some very nice days of upward movement. #dyor