Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Fatman3001
on 06/09/2015, 20:51:45 UTC
Last 44k BTC will be auctioned by the end of 2015:
http://www.coindesk.com/us-marshals-bitcoin-auction-2015/

Im calling it now:

300+ after auction!!

yeahh like last auction we reach 300$

After the last auction we dropped from about 380$ to 166$, so I'm calling 110$ as an upcoming intermediary bottom, don't know how long it will take...

Last auction was March 5th 2015. Feb 26th closed at $255, March 5th saw a low of $262 and a high of $284 on finex, March 10th saw $303.

Looks to me like the auctions just add volatility in any direction.