Quote from: nullius on Today at 03:56:01 AM

Quote from: JayJuanGee on Today at 01:17:55 AM

Well, in essence, we are witnessing that the 12th came and went, and surely there were some moment in which $10,501 was nearly breached, but we did not quite get a supra $10.5k closing, instead we got a sub $10.5k closing...

For the record, did we hit or pass $10,472 at major exchanges?

I was kind of snidily referring to the poll, and I believe that closing price was around $10,450 (which would have been the price on Bitstamp at midnight UTC.

Quote from: nullius on Today at 03:56:01 AM

Quote from: Yogee on Today at 03:09:23 AM

Did bitcoin enter the Kangaroo market again? $10K seems to be its favorite playground.

All things considered, its been in this range for a very short time. Thats not a trend. People who are impatient for drastic weekly swings are far too accustomed to extreme volatility.

When I said before that the $10k range was comfortable, I hope that neither Jay nor anybody else took that as anything but optimistic. Cheerful, even. Those who predicted a sudden drop to $8k, $6k, or even lower were flat wrong. Stability above that magical $10k line is good. Those who short are getting spanked, whilst holders enjoy a store of value thats doing just that. Slow and steady... The moon is still out there.

I doubt that too many active members of this thread are going to complain about a few bear shorts getting reckt... I am NOT sure if such reckening level has been met yet, but in the past 30 minutes we have had some movement, including some observation of price peaks around $10,577 in the past 20 minutes.

Direction from here? I am not going to proclaim to have very many theories, but I will mention that this week's candle closes in about 20 hours, and it appears that the BTC price needs to be above about $10,300 for this week's candle to close as a greenie - whether color makes much if any difference, or not.