Re: rpietila Wall Observer - the Quality TA Thread ;)

I could call Last 6 days a flat water.

Average Trade volume within that period seems to be similar to May1-May19.

I have a feeling we should be making leg up to 800 soon.

But who could tell when the storm begins?

Yes. And I can't emphasize enough how much that feels like September 2013, when we had to endure weeks and weeks of low price action and volume seemed to fade off into the depths of nothingness.
Yet, out of nowhere, a sudden burst of green showed up in mid October, the volume ever increasing. When this will happen is hard to know. We could go sideways for another month in the worst case, or a few more days in the best. Yet the leg to 800 will surely come at some point.

Isn't this primarily the work of the willy bot? Is there any indication that this will happen naturally in the near future?

You almost make it sound like you think that other markets are not manipulated - like there actually is such a thing as a natural and pure market somewhere.

Yes. And don't forget two things:
1. The willy bot might have very well been a bot for large players, to aquire large masses of BTC, having some special 0% fee agreement with Mt Gox.
2. Or other willy-type bots might very well be active right now, or start aquiring large masses of BTC in the near future.