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Showing 20 of 1,736 results by Wandererfromthenorth
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Anyone got a site that list houbi and CNY/USD and other major exchanges? I think bitcoinwisdom just broke itself.
OKcoin on bitcoinwisdom:https://bitcoinwisdom.com/markets/okcoin/btccny
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
There goes the contraction phase.
Care to elaborate more please ?
Consolidates, seems quiet, then explodes. Seems like the little consolidation is over and the explosive move is starting.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The first voice sounds like a reaper from Mass Effect:
https://www.youtube.com/watch?v=R_NAoNd4YyY&ab_channel=IcedDog
https://www.youtube.com/watch?v=R_NAoNd4YyY&ab_channel=IcedDog
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I asked my 8 ball if we would break $1k soon. It said yes! I'll have to ask the Ouija board next to get verification.
Confirmed, I did it myself, this is what happened:
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Is it wrong that the potential for market chaos makes me consider voting Leave in tomorrow's Brexit referendum???
http://uk.reuters.com/article/uk-britain-eu-g-idUKKCN0Z82XR
yeshttp://uk.reuters.com/article/uk-britain-eu-g-idUKKCN0Z82XR
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I see a bunch of technical analysis having predicted this, but did they predict the Bitfinex thing? Where does the line between TA and self fulfilling prophecy meet or is it rude to ask this question?
As a general rule, forget about news and short term fundamentals, they are only a distraction (unless something really big happened, like a flaw in the bitcoin protocol or something).The dump has nothing to do with the bitfinex fuck-ups or shitcoin pump and dumps.
I don't even follow the "news" to decide when to buy and sell or use margin.
I only know of the bitfinex problems and the etherium /DAO thing because some people mentioned in this thread. Otherwise I couldn't care less and nobody should.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I've been trying to compare 2014-2016 to 2011-2013 under the assumption that it's time to break ATH now but it doesn't make any sense and the structure/symmetry just isn't the same (not to mention the different timescales). In the 2011 chart you can see that bottom being reached to the left only 33% of the way through the chart. However in the 2015 chart you see bottom not being reached until 50% of the way through the chart and dragging on all the way through 75% of the way through the chart at roughly the same level. The bottoming out was much weaker and the jump to now supposedly try to challenge ATH is extremely sudden. Therefore, odds are most likely that we need another midterm consolidation of 6 months of to make an even chart. I see the following possibilities:
1. 25%: This is a trap and a sort of double top before another serious bear market.
2. 50%: There is going to be a 6 month consolidation phase before ATH is broken.
3. 25%: ATH is broken now.
I see two major possibilities, either this:
...or this:
In the first scenario price just continues up because the long period of consolidation has already happened.
In the second scenario this 4 month consolidation price has been in, represents the first long consolidation in the 2011 bubble, therefore price needs another long consolidation of several months before breaking ATH.
So in my opinion it's more something like this:
50%: Price just continues and breaks ATH
40%: Price goes into a big consolidation for several months before breaking ATH
10% It just dumps and continues dumping.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion