Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bri912678
on 31/07/2016, 20:26:56 UTC
before the drop about 1.7Million$ in longs covered.
~6hours later... CRASH! shorts went from ~18K to ~21.7K BTC during those 30min, now shorts continue to rise.
and then ~1million in new longs were taken after the drop.



not sure wtf shorters are expecting to accomplish...

The walls on finex look like there's little to stop a pump to $679. There's only about 2.5k Bitcoins for sale up to that price, then a wall. A whale going long might be waiting to pump the price back up.