Sellwal:
300 BTC shot @ 9197 on Stamp....vapourised.
I participated in that... After half went in a single bite. Im temporarily back in bull mode. For better or worse.
Have you bought higher than you sold??
Nope. Im defending my profits. Do you think its a bull trap?
I thought you had sold and rebought higher, sorry (Now I think that is Rosewater, at least the sold part).
No, I don't think it is a bull trap... but what do I know.
On CMC, it shows the volume decreasing though. That's a bit worrying to me. Could be a bull trap, in that case.
Overall, even though bitcoin remains a 24/7 market, I think that weekends tend to have a bit less trade volume anyhow. Also, changes in trade volume sometimes have to looked at over an extended period of time, because we should expect trade volume to go down a bit, merely because the trade volume right around the dip down to $7625 was considerably high - for at least 6 hours... which could take a bit of time (several days - even a week) to recover from such trade volume intensity.