Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
319 . oh look someone is "killing" bitcoin 
Is bitcoin price supposed to do that? Are we still rallying in a rally?
yes. yes.
Maybe there is a short-term question about whether the price is going to test $310 again or even go down to test $300...?
It appears to be heading up at the moment, on fairly decent volume levels---- but we see no major dumps recently, like 500 BTC or 1k dumps.
We cannot expect any answer from a whale, so speculate.....
In the next 8 hours, I give it about a 65% chance to go up to $329 and about a 25% chance to go down to $314...
my guess is we won't hit >315 without another really good piece of fud
most likely bearish news to come next would be EU's plan to "ban bitcoin" in some form or another.
but i think the meeting is over and they we're very vague as to their plan of action. http://www.trust.org/item/20151120152558-mdmbw
I think we're likely to see then arrest/fine a few high rolling localbitcoin traders operating without any AML/KYC. not much more...