Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
damiano
on 17/01/2015, 01:17:56 UTC
All deposits from people who want to buy the dip should have arrived by now. Buying pressure still seems ridiculously low compared to what we saw after the drop to $275 last year. I'm expecting another large drop this weekend. Will probably go short here. Maybe good news revealed during the Miami conference could save us though.

Yeah I was thinking the same thing.  Although I wouldn't be surprised if we see a massive sell off setting up into a bear trap resulting into a massive short squeeze.