Quote from: rizzn on July 17, 2011, 09:14:55 PM

Quote from: Bit_Happy on July 16, 2011, 05:19:26 AM

Quote from: rizzn on July 14, 2011, 07:44:57 PM

...
Just curious on opinions.

The first step is to add a time frame to your question.

(( IMO ))
Long-Term = Bullish

Medium-Term = Bearish | Extremely Bearish: Needs to retest the June 11-12 low of 10.25. | Could go as low as 6.50 to 7.50 (an old trading range) or even 1.50 if the Bulls finally give up, and enough people (including miners) panic-sell.

Short-Term = Could change before I'm done typing. Cheesy

Thanks for the clarification. I guess I was asking for medium term, since I'm bullish on the long term prospects.

[[13.3,4,959.98]
3 minutes ago this sell order for 4,959 BTC was at ~13.3150, so we have an impatient seller of 4,959 BTC currently wanting to be the lowest bid and fist in line to sell. I have never seen a (sitting) huge order in such a hurry, usually they pick a spot and park for a while.

Gong down?

EDIT:
Motivated seller:
[13.19,4959.34]

EDIT#2:
[13.18,4810.98112083]
^^^
This person acts like an impatient child trying to sell 0.5126599 BTC.

[13.16,4780]