Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
derpinheimer
on 12/07/2013, 16:20:07 UTC
Selloff to 93 now....this bullrun may continue yet, but if we drop below 90 its not going to be pretty

Just realised as well that these are low volume sells. Hopefully the big players don't start panic selling. One big sell can easily plunge the price back to mid 80s

I cant see it happening. Megabull still has plenty of money to manipulate us up, I bet.

Thin bids tell me that the market is experiencing buyer fatigue though....mr whale may decide this is as high as the price gets for the short term and start dumping?

It'll be interesting to see how west coast americans react to this as they wake up.

Well, they might have gone to bed at $93 and wake up at $94... missed the whole rally to $104 Tongue

Really though, it only takes about $100k USD to prevent this downtrend from continuing - for now. [Buy the 96 wall] and it looks like someone already tried to do that. Manipulation? Hard to say.