Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I would call it "orchestrated accumulation of coins". The accumulator is even leaving the market to dip so he can get the order books to his liking before proceeding to buy. I don't know who he is / who they are, but they do have pretty deep pockets 
Isn't it obvious that it is Roger Ver and his buddies manipulating the market? South Korea anyone? 
You can't buy bitcoins with bitcoins (because that's what ver has). You need cash. Billions. Lots of billions. And billionaires (or funds) have that sort of cash to take the market from 1k->2k->3k->4k->5k, etc.