I mean of course the (mini?) rally of the past 2 days. Did you suspect this would happen?
I can say for sure I wasn't prepared for it at all. Volume was ultra-thin, and the indicators I tend to rely on (e.g. Chaikin money flow) had looked spotty for the past days, so I expected horizontal price movement, with maybe a slight upwards direction, but nothing like what actually happened.
What's your story?
I can say for sure I wasn't prepared for it at all. Volume was ultra-thin, and the indicators I tend to rely on (e.g. Chaikin money flow) had looked spotty for the past days, so I expected horizontal price movement, with maybe a slight upwards direction, but nothing like what actually happened.
What's your story?
Pretty sure everyone saw it coming. It was discussed in the wall thread for awhile. Bids stacking way up, Asks were dropping off, people saw this rally coming from a mile away.
It was going sideways for weeks, this was a pretty minor bump. Just people tired of waiting for cheap coins. Less volatility helps get new investor in. With no buying Monday-Thursday, it was pretty clear on Friday that the bids were going to have to actually cross over to get some coins. So they did.
