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RE: PT 3 Bitcoin New High Being Discussed by Big Financial Institutions; New Low in Sight?
It has to be big boys. The volume charts are embarrassing! Someone definitely drove it up, more than once, and took it down, too. It's probably more than one group, but it's not exactly a rational market, which gives me the willies trying to do any technical analysis. Who's leading whom?
But I agree - it has to test the 6000 area again, and who knows if it'll hold. At one point it felt safe at 6900, but that went to hell rather quickly.
I believe they believe they fucked up !!! By not getting in at 8 cents shit I regret it lol .. but BTC is easy to move with the right amount of money and with a-lot of uneducated people in this game makes it hard cuz they get scared off ... But they will be back but at the high which sucks ! Can Waite for the up trend Tho
Did you just see that? 2000 coins suddenly traded in a few minutes. That's tens of millions of dollars.
no where did you see that at ?
gdax
I was watching the Bitcoin ticker and suddenly a huge buy order came in from nowhere - drove the price from 8000 to 8100 in a few minutes. You look at the hourly volume charts and you see it all the time - these big spikes in volume - obviously whales.