Quote from: Torque on April 26, 2017, 07:20:53 PM

Quote from: MatDerKater on April 26, 2017, 07:06:53 PM

No sane investor would touch Bitcoin with a fucking bargepole right now.

Yep, just look at those crazy insane investors...

https://gemini.com/auction-data/

Maybe those bidders know something we don't? Maybe all those big bundles of capital are just like loose change whoever made those bids? Maybe the lion share of all that action is shenanigans just like we see on most other exchanges, who knows.

To any rational mind, Bitcoin right now is a scary over cooked over ramped market......but it is a bull market, and bull markets tend to defy all rationality, especially as they get towards their zenith.....big flashing warning signs now on the weekly chart. That hasn't changed since I posted my last TA chart where I did point out that there was still a lot of room for manoeuvre (since it was Weekly time frame), but who knows....we will see...either way, I have nothing to win or to lose.