Quote from: r0ach on April 21, 2016, 12:04:28 PM

Mat are you trying to lose money? This isn't a fake wall on Cornbase. It will not be pulled. The new floor is $440. It doesn't matter what all this jibberish you're talking is when people can just decide what levels to support:

Whatever.

I stated in this thread at $439, that I suspected $450 was going to hit, but I wasn't going to trade it cos there was now too much risk involved. If I didn't take my long then, I absolutely cannot take a long now at $445...(I also recommended that other people take this trade, cso the ones I call but dont take have a tendency of coming in...the fucking silly twat that I am)

Fact is, I opted to be a bear, in the face of the bull, and I have been run over. Naturally, I will not be alone in this. Now, there will be many in my shoes, who will be tempted to FOMO buy right here, or on the break of the $447 high, and what do you think these FOMO buyers are going to do when 'they' decide it's time to dump Bitcoin back down a level or two? FOMO buyers here, who will buying up whale BTC in upper $440s, will be panic sellers when they should be buyers down in low $430/$420s, where the whales will buy back all the BTC that they sold $20+ up the market.

Conspicuous wall activity more often than not, is indicative of whale shenanigans, other than the organic mood of the market.