Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bassclef
on 02/11/2015, 15:45:19 UTC
Hi guys, what a rally! As I was saying all year, this is what nine months of accumulation does to the price. When the informed interests are done collecting and take the brakes off the market (that is, they stop selling heavily into bulges) this dynamic rally is to be expected.

The XT fears allowed them to collect even more at bargain prices from panicky selling, causing a terminal shakeout and supply shortage, dramatically forcing the price up and out of the trading range once a bit of demand came back into the market.

In January the curtain was raised for Act I. Now they begin buying up the price for Act II.