Quote from: qwerty555 on May 26, 2014, 12:22:05 PM

A coiled spring of buyers , waiting for an upside price breakout from the "bottom" is demonstrated by volume figures in dollar value over the last week..

After two months of a trading range 0f $20-50million value a day, once it appears that people are convinced the 'bottom"s in at around $400 and it pushes to the upside above $450 then the lurkers buy quickly to establish positions looking for an upside of previous highs and above.

The sudden jump to $170 million over the last 2 days from $20million on May 17th ( 600%+++) and from an average over the previous 2 months (400%).

Most will not be selling until previous highs are reached.

http://www.quandl.com/BCHAIN/ETRVU-Bitcoin-Estimated-Transaction-Volume-USD

Looking forward to breaking 1160 sooner rather than later.

Yeah because it can only be the positive thing you want it to be, couldn't have ANYTHING to do with manipulation by exchanges at all. NO POSSIBLE WAY HUH.