Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
spud21
on 03/02/2017, 17:31:19 UTC
I suppose in the end you cant remove the human element.

Humans tend towards generalisation, in a way 1000$ is a generalisation.

You cant separate people from feelings.



$1000 is only a bit above 7000 CNY. The Chinese probably tended to 7000 CNY, a bit below $1000, then the west probably pumped it a bit more because it tends to $1000.