Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
That everlasting refilling on Bitstamps asks side 
. This one clearly has a nice stash for sell.
. This one clearly has a nice stash for sell.yes, this is one whale that really wants to push the price down. but i think he will not be able to push too far. we failed at the 50% fib of last major move, now resting at 23.6%. it's not bullish. there should be one more leg down or a retest of the low. then we have a real bounce.
Maybe he just wants to sell slowly @ high prices without creating panic before the BAD news come out and the market crashes!
Personally i preferred the 10000BTC ask wall before Gox went down.
i'd absolutely love to see a 10k ask wall right now.
but this time it would just be too obvious that an insider was unloading his whale stash... then i may have to revise my 520-550 targets...