my numbers are mainly based on ta. I believe that the scaleability problem can be solved and that
the final auction won't effect the price much because it's the final one, ...no more easy bulk deals after it.
these are the lines I am watching since a while and why i said 250 was obvious. I think 260+ would be another signal that we have left the bear market and I would expect 340 as new target with a chance of a real rally. Then its time to get excited.
The other scenario is that we go back down the yellow line for some time, prolly again to 220 or 208 massive support
https://www.tradingview.com/x/DtIPkXLg/[/img]
Referring to the part of your statement that I have
bolded above. Even though this is the final auction of this particular series of ceased coins, I would NOT put it past the Feds and/or other Governments from time to time come across BTC and/or other crypto assets in large quantities and to have similar future auctions.
I am sure this is a possibility but any seizures in the future would likely result in auctions a few years down the road right. Doesn't it take that long for the process to play out?