Quote from: zby on March 08, 2014, 11:48:43 AM

Quote from: TERA on March 08, 2014, 08:59:28 AM

What happened? The bitstamp order book looks like shit now. It's been halved since when it was trading in 500s. That's not normal for a true reversal. The bid depth should be continuing to increase every step of the way, not decrease!

The money was spent on panic buys up to 710.

Hmm.. yeah, sounds legit. I had a load of buys below 500 one week ago, now just a few. So judging from own behaviour, that is quite possible.

Nevertheless, it is not good. The triple bottom scenario raises its ugly head...

Nah, after that one, it is clear that we are headed higher. No worries.